Vicksburg weekly herald. (Vicksburg, Miss.) 1868-1883, 1870-06-18
Saws Inc New York Chronicla:

We have had q dull market the
past week with prices declining al.
most daily. The continued heavy
movement al Bombay and the less
favorable news from the mannfae.
turing districts, added to the fact
that most Of the markets are well.
supplied with goods have rather
discouraged holders and given buy.
ers the advantage, There appears
to be q growing belief that rates
must further decline unless our
own crop reports become unfayora.
bic, 90 with1the large India move.
ment the visible supply is gradual.
ly increasing and the new crop year
is likely to open with increased
stocks. Our spinners are, there.
fore, taking only enough to supply
their more pressing wants, while
exporters confne their purchases
to a few unimportant orders which
they find 1t necessary to I'll. Yes
terday, however, there was a slight
revival Of confidence arising from
81 Improvement in the tone Of the
foreign advices, but to-day this i'm
proved feeling was not sustained
although continued steadiness was
reported at Liverpool, and our
market closed heavy with but very
little inquiry. For forward delivery
the movement has been moderately
active at lower rates. Sales Of this
description reach l050O bales Gall
low middllng or on the basis of low
middling).
The same paper has the following
about Indian cotton:
On the l4th of May, while the
India movement was each week
falling behind the figures for the
corresponding period Of last year,
we stated that the Bombay ship.
ments would from the first of June
" be considerably in excess of last
year, aud for the month Of May
they would equal the shipments for
the same month Of 1869" AT that
time the movement for May had
been reported but for one week,
and was 10 Great Britain only
bales against so 1000 bales the
same week Of 1850. Since then the
shipments have largely increased. |
For the whole Of May this year
they have reached to Great Britain
? 5000 bales, against $4,000 bales
for May, 1869, and to the Continent
bales against 1850 bales for
he same period last year, while for
he first week of June they are over I,
100000 bales to Great Britain,
against about $4,000 bales last year.
Hence the deficiency in the ship i
nents to the Continent, which was !
It the end of the first week of Nav =
bales, was reduced to less i,
han 10000 bales at the close ofthe I
lrst week in June.
The following is the proposed 1
arif upon foreign cotton manufac.
ures, when we mayHhave TO pay
0ecause, although we raise the sta. !
lie, We send 1t abroad TO be mann. :
lctured for our use:
On all manufactures Of cotton.
he quantity or value of which can
e estimated or based upon meas
rement in square yards, II un. I
leached, five cents per square n
ard ; II bleached, five cents per
quare yard, and, in addition there. al
ten per cent. ad Yalorem IL COLI e
red, stained, painted, Or printed, n
whole or In part, i've cents per 4
quare yard, and, IN addition there
D, twenty per cent. ad valorem:b 3
'roVided, That If the duties in.
osed by this section upon The n6H
Of cotton, shall am8nnt y
less than thlrty-flVe percent. ad
alorem, then Tia duty shall be e. 4
essed at shirt i've per cent. I'D 1
alorem.
The. following report Of tie to.ic
aeco production III this country i
J taken from the Tobacco Leaf OIL
1st; Q
The amount Of tobacco raised In '