Vicksburg weekly herald. (Vicksburg, Miss.) 1868-1883, 1870-01-01

700
a RsNiaRHn esfI# ia
~ a tAoaa
wAen e cones DOM 81 HHle ol
Nanai euraink fhe nailfe Amer
lean miner ID CITED above a8
cons Of men.
Ihape daslt at cons tea an-
Onithis meter 81 pocaet mimi
bsoauseit IS asnhsnf fsakia sell
demirefsrHad hinnrtntapd there
fare Judged that 4 sQnld haFp
for the reader that interest which
naturally altaohcs Is u sell2
MARI gwuiA r. Ba1d0a Expr
THE sURx CAsXE Al 6sr1os.
me following viii bs interest
ing u plahtets and m~ssthahla.
would Aoem TIE importance Of lad
Snes es6Al asa channel for she mar
ketiBg Of Indian eotton has ben
oYerrated and bsFe b isss
from Inaia's competition thaHI
perhaps, was auticipaled The
subject Of the productioRlaad ship
ment of Indian cotton is attracting
much attention in Europe and egr
pecially IN England. Y certainly
is Of sufficient Importance to Us Of
the Soutll--as a RIVAL In cotton pro.
1uctions-to warrant our fsellhg
some intresti 10 the question, wheth-
err the opening Of the snez. Saual
will affect our interests 9ufavoiably.
Messrs. Ellison 81 Haywood Of.
Liverpool. In their circular 70 hand
by The Siberia a. this port make
the following remarks asf 20 ship
ments Of Indian cotton coming By
way OF the Suez Canal: ~
JustnOw American cotton e re-
latively dearer than Surate, the
margin between middIlng. upInnds
and iRif DholIefah bong about
three pence per pound. Two
months hence we should NOT b6aur-
prissl tosee this mangin reduced
TO two pence or less, either d fell
lin Amefi6hu Or rise 81 DIN I'M.
or d combination 6f both Horer
mentAaiB Barry In the new year good
Surats will become very scArca.
The stock may be replenisheA Ria
SueZ but Il would bea mistake 70
looklOr much assistance in this d.
rection; for Il d obvious from the
latest advites that soine time must
elapseJ belorRthe canal cen hhdn
0 fair working order Our impres-
|, sion 10 that too much importance
has been attached 70 the pr0bablA
influence of the new route upQn
the movements Of the Indian cr0p,
Supp0singN the most eAngniht
!. expectations OfliuM, dc sfEissl
keps lasH1 In tho cnglneerine
success Of bis enterprise, 70 be 81
allied, Il does not follow that ihl
J. canal will be extensively used b.
shippers OF Indian produce. Ev
! erythihe viii depend upon thl
1 state 81, HIe markets. Hitherto thl
I bulk OF the Indian crop has arfiYel
herein the Autumn, when the sap
: ply Of American Is ruhnlng down
bntfiC shipped via, Spez Il WonlI
arrive here IN the spring and earl
5 simmer, wien the supply Of Amei
lean lislarge. Is e. reasOnshlaiit
suppose that merchants will hprr,
= their cotton forward hy, an exper
8 sive route 70 meet the comrelftlo
e 81 tile cream Or The American crop
Il n the supply Of tho AaieFlcan
\; sfhaIF and prices are thereby Ell
hanCgd, lho doubt The Oanh VIII
freely used, supposing h 10 Ia q
working order; but II the snppl
, 81, American Ia large and priees a
!. thereby depressed, the bulk Of 81
: Bombay crop viii be detained 4
' India until late in the season, D
sent vlathe Eape,sO rs to arrive her
r when the stock Of Americah IN ap
8 pFoaching It's minimum. !Bdyefso
SuUatt0afFiVe are ruled bytha sam
considerations CO. gWideT the Dhip
a, pers, hence Che bnlk of the fOrWaFl
cohtracts entered intoip the conrsl
Of the past month has been for col
ton to benshipped Wis the OapC
= Much Oflhe cotluH said 10 arrived
sold befprelit H. shipped. and !
merchants 1pd It less easy TO leI
N via Snez than by way OF tie Uapt
they will sell by way eDltha latra
j rontg and lalqgraph shipDinRs "a
\ cordinglY, Prices will hnelual
according To- circumstances. 1
American cotton sometimes distan
parcels rareb higher priced Cha
Z near 0neae aud sometimes nearlcoI
= Ton Is higher priced than diefRn
y So II viii be with tho Indian cr0p
at times canal cotton vii DO choaE
eF than Cape, and &c other tims
Cape willAIn cheaper than canal
T. OF course In writing thus we n
sumo That the canal viii alWaysl
Q 1ayigable by large, or RtRll event
d BY averaged sized steAmefa.-NeN
York Herald.i haOaNk III y a0lA
4
= NV m-ILl ii
vi n.Annis rsnn, pa.ia ~.