The south-western. [volume] (Shreveport, La.) 1852-1870, 1870-11-30
Commercial Intelligence.
SouTH- WESTERN OFFICE,
Shreveport, November 50, 1871

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Shreveport, November so, 1870 J
Last Wednesday was very busy cay, remlhalht
one of those of las fall when the merchants were KEEP
on their feet from to dewy eve, or words 10 Una
effect But this state of things was too bright 10 last
and the days since have been dull and dlscouraghg-
On Wednesday the cotton market opened at an al
vance of full Ii of cent, and was quoted good ordl
nary 1871 IA and low middling 1415@l43sc On Thurs
dav it fell back; good ordinary l33sWl3B, and low
middlng 14@141lc. On Friday the market opened ac
tive, but closed heavy at unchanged figures On Sat
urday there was another decline, and good ordinary
was quoted at l315@l3I and low middng 1874 @l4c,
On Monday, market quiet at unchanged figures.
Gold ruled all the week at H. buying and ia selling
price by the banks. The price the streets varied
between these figures
The unsettled condition of Europe of course, tends
to keep down the price Of cotton In regard to the u
ture of the staple append some comments from the
New Orleans Picayune-gving them for what they are
worth:
The ultimate effects Of the Franco -Prussian up
the cotton trade has COMPOUNDED those interested
and though the staple has been already reduced ABOUT
twenty five per cent in value compared with last sea
son. there seems to have been widespread fear that
aside from further political complications, current
prices are not to be relied upon.
1t seems to that too much attention has been paid
to abstract reasoning and, while looking at the ten
million idle splndIeS france ana the denOraiZeu
condition of German manufacturing establishments,
we have overlooked the fact that has increased
her consumption of cotton to point that makes up for
the deficiencies of her beigerent neighbors.
The Liverpool circulars inform US that the weekly
deliveries to the trade in the United Kingdom are now
600 bales notwithstanding the greater proportion OF
American bales which by far heavier than those
of India or Brazil These statements, taken IN CON
necon with the speech of the President of the Man
chester Chamber of Commerce, will give some idea OF
the demands of Great Britain for the material dur
ing the season.
From these statements learn that the low price Of
cotton had operated disastrously upon the wooden in
terest by pushing wooden fabrics out of the market
1t is fair to presume that linen goods will be also dis
placed to a great extent by cheap cotton.
1t isto be inferred that the manufacturers OF Man
chester fully understand their business, and turning
out goods to meet the demand We must therefore
conclude from the facts presented that the low price
of cotton has greatly increased its consumption in those
countries now open to British trade, we'll as within
the territory of Great Britain.
That this increased consumption outside of France
and Prussia will more than make up for the deficiency
of those two nations, scarcely admits of doubt.
France and Prussia have but 100000 Of the l00O,
900 900 inhabitants of the globe. Their population is
but onefourth of the constant consumers of cotton
goods
The cotton market revived again yesterday and be-
came firm with fair demand. We quote good ordi-
nary l3Igl3X and low middling 14014Hc.