The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-01-26
Easton & Co.'s Cotton Report.
FOR THE WEEK ENDING JANUARY %, 1869. ]


NEW YORK, January 23.-1HE MARKET.-In our
last report the m rket closed firm at 2374c Tor mid
ding uplands. On saturday, the recelpts pro. ing
larger than was expected, und the foreign advlces
quiet there was re desire 10 sell and prices gave
way &c. at the close there was rumors OF an 40
vance in Liverpool which strengthened buyers.
sales 677l bales at 29kc. Monday the market was
dull and some lots were pressed by specu ators.
Sales 2,l5 ba.es. TUESDAY the dullness continued
and exporters did nothing. Spinners bought only
as they were compelled TO- and prices were lover.
Sales 1898 bales at 29c- Wednesday the market
started up on favorable accounts from Europe, and
later in the Gay all the Southern markets We're re.
ported advancing. The demind was good. except
from exporters and prices improved Ic. Sales G354
bales at 29Ac. Thurrdsy transit lots were IN good
demand hardening prices, but cotton on the spot
was neglected. Holders we're very strong ana asked M
Nc ADVANCE, which was not paid. sales 5l04 bales
at 29nc. Yesterday, notwithstanding favorable
news from Europe, our market WAS dull, and there
some pressing Of speculative lots for immediate
delivery. Sa.es 2742 bales OF % 4c.
During the week our market and that Of Liverpool
show very little change. There WAS depression in
both markets early in the week, which was overed
at the close. 1hele wa an unsettled feeling here
yesterday, and fears OF large receipts next week clus
ed buyers to hold of. We still think that The re-
ceipts in February this year i'll not be as large
those Of 1863 1t Is very well known at the south
that, while mooera.e receipts can DC ma. keted at
advancing prices, large re. e!pts would CAUSE de-
cline We hear tnat conside, ,aDe cotton nov in the
sou,hern por.s is held at high limits on planters
count. There hav been receiVeda the ports since
September l, 1,2G4,92 bales. Of which exporters
have aken tG2 626 bales; spinners $40, iT7; and the
stocks have Increased 2Sl.5lS bales. kXces5 over
last year. now 81 ,467 bales.
We tlke the fOnowlnS i,ems from the annual crcu-
lars publ shei in Liverpool:
.tstma,ed $40. K i'll the hands of spirners 5000
bales The capacity OF the spiudes in Great Britain,
equal to GU, OOU bales week consumption, and they
have been run in 1855 at the rate OF $1,000 bales
week. Present consumption about $1,000 bales
weekly 1t was tho, ght that the product OF 4S 900
hales q week could all he sold at profit but that,
owing to jealousy, &C., it difficult to effect
duction. The supplies for 1863 were estimated as
follows: From India and America, about the same as
In 1888 An increase from Brazil d Egypt was ex-
pecied equal in weight to 1-Ut00 bales OF American
The deliveries for 1868 95 2O bales greater than
the supply. 30 that the stock was reduced from
46C bales on frs. January, 10 S52, $40 bales on
thirty-Hrsi December. ,s
The estimate OF supply from America was based
on crop of 60U OCO bales. We do not believe that
the crop will exceed 35OO.0C bales, OF which Our
spiuners will take 2,C0U. vt0 bales, the continent
about COZ, 600 bales, which would leave for Great
Britain 1,L0u 900 bales.
We notice that the exports Of coton from the
United states t, Liverpool last yer, TOR the ten
weeks commencing January "a. were as follows:
419SS, So ILL., 4424s, 1854, 4s07s, 1854, 434sS,