The south-western. [volume] (Shreveport, La.) 1852-1870, 1870-08-03
Com ercial Intelligence.
SOUTH WESTERN OFFICE,

!
J Shreveport, august 8, 1870.
II Shreveport habeen extremely dull, In ouslnes
point of view ding the past week, though the Fran
B. coPrussian waras served to keep up feeling of in
terest and to preent complete, stagnation of mind.
There are, of urse, divers opinions expressed b
those proessnoo perfectly aderstand these matters
as to the effects the upon the commercial, agr
cultural and firlcial Interests of this country. Tn
New Orleans Betin for instance, argues that even
protracted yarTl not injuriously effect the price
the incoming cto of cotton-contendng that the vast
of war will NORMAN counterbalance other causes tend
ing to denress Per CONTRA would not the disposition
on the part of of the people, to economist
times of doubtnd Anticipated trouble, than off
set this waste war? The fact is, it is almost idle tt
speculate upol the price of the growing crop, excep
to say there iso probability of its being remunera
tive as that revived for the crop of '69.
The reporteof the New York Times has interviewed
several promieut men in the dry goods trade nclud
ing represent ives of the house of H. B. Clafin Co.
who have retntly returned from Europe, Fl. B. Fan
shave, who bs also just returned and Libby, of A.
| Stewart 4 Cos. Mr. Fanshawe said that the French
and British larkets were well stocked with goods
which had btn manufactured for the fall trade which
is the heavies of the year. and he did not apprehend
from Francesnd Germany. He thought it quite prob
able that thmanufacores would be kept in operation
notwithstanding theEar nnless it should be of great
magnitude ad involve other countries. If the other
markets of Europe were closed by blockade, goods
would be set out of the country by some means and
most likely shipped this country. He therefore be-
leved therewoud be rise in prices beyond that &C.
casioned blythe advance in gold.
II. fharay
be no spec,l advance in breadstus. The market for
cured meas is much less disturbed than might have
been expeted The light demand for beef is said to
be caused mainly by the defective system OF curing
Bacon forns the great meat staple OF armies and the
Germans rore than the French said to prefer It, es
pecialy Inns. Notwithstanding this the pork market
evinces nc material change, which is IN great part at
tributableto the want of shipping.
The Piayune thinks that the danger of foreign lu-
debtednes is not so much, that Government bonds
will come pouring back that the interest upon these
bonds he'd in Europe amounts to oCO anunany
md if tb shipments of cotton wherewth to meet this
Teary aecruing interest, should fail, all the god In
he country would be repaired to meet this amount,
,esdes which there will be considerable deficiency
n the merchandise account
The New York Tribune thinks that, although the
rst effect of the war will be the return of large num-
ers of American bonds held in Prussia this is no
pecial cause of regret does it believe that such
eturn will have so marked an influence upon the gold
,arket as has been anticipated sapenty obse' ves
We can we'll afford to spare the gold, and we have
reason to rejoice at the dimnution of our ndebt
dness to foreign countries" All of which would in
icate that the Tribune is in the bear interest At
IT speaking of the check to German emigration as one
the greatest caamities likely to befall this country
closes with the following paragraph, the latter por
ion of which should be branded into the minds OF our
is more notable coming from such source:
1t is possible that the European demand for our cot
on will be diminished rather than increased by the
Cotton fabrics do not largely enter into the ma
eria consumed by armies, and the consumption
y the people home is likely to be rather
han increased in consequence of the straits which
brings. We snail scarcely, however, regard lowe
ate for cotton this year as national calamity. II.
hall stimulate our planters to comprehension OF tie
act that varied agriculture is likely to be more vs.
able and more secure than one devoted to a SINCE
taple, it may prove instead ver1tabe blessing ID
isguse
We leave our readers to draw their own conclusbns
ON the above somewhat conflicting opinions.
Cotton has been so completely under the weathr in
lis market during the week that we have not deemed
practicable or necessary to give quotations. Prices
e entirely nominal, though we might approximate by
wing as basis lSc. curr ency for low middling
Gold has not fuctuated to any great extent since
r last weekly report Sales have generally been
de at 118@ll9 on the str vet.
COTTON ST. lTEhRNT.
ck on hand Sept. l, 1863 --.......ba bales. 90
celVed yesterday. ........ .-...-... ,.o.
ceived previously. .......--. o6,76s-loo''oo
lo6, 842
pped yesterday %..........--.-.. ,oo ~. ,oe
pped previously -.....~..-' 'io4'fS'-io1'4'o
..,,oL NJ, hand " 2.346