Vicksburg weekly herald. (Vicksburg, Miss.) 1868-1883, 1870-07-09

0Hr1eHnT FH1 VIcrzaTag H11Ata4
Ths weather has been Intensely
hot Tor the past yeas Hhieh, how
ever. b fuss fhs thing fof the plan.
ter hht rot peEy agreeable To- me
.daaff eftt. AafieuitarAlists are
.ss8 dzs1Iy sHgf0ssed In the euitiva.
Ition 81 gkelr crops 10 do much ira
ldlag jast now, and e. q cOnse-
ahsns8 trade Is excessively dull,
6nt asa merchant remarked 70 us
this morning, It may be taken as
very healthy sign Indeed. A year
ago, planters were running hither
aud thither eli over the city eDdeav-
Oring 70 secure credit for this or
that. Now Il is different, but little
comparatively Il purchased and for
that little cash Is paid. The plan.
ter will harvest hts crop this tall
entirely unembarrassed. Tue price
will doubtless range lower than a
year ago, but expenses have cor
respondiugly decreased and there
will Ia all probability be as much
clear profit as then. The crop
will doubtless be heavier Ibis sea-
son than last, although from many
quarters already comes murmer-
ings about a probable short crop.
Some say less than a half a crop
will be raised, while others think
possibly q twO-thirds yield will
cover the entire amount of pro.
duction. Upon this point the
Memphis Avalanche, which rec
%eeives with ready faith all encOur-
aging accounts, and Is rather scep.
tical Of the opposite, in taking a
view Of the whole field, says:
"There Is some ground for the
(bAhl reports circulated, but there
is no doubt they are greatly exag.
geFated in many cases, aud that in
some they are justified In any way
but hal ''On the other baud there
are well founded reports OF serious
damage both TO coru and cotton,'
that "lhe situation 10 no doubt a
very mixed one, but that II Is diff
cult to realize how there eau be any
/ general failure Of the cotton crop
when bloonls are coming 10 nuaien
Dusty from almost every direction
! TLls may DO regarded as the view
Of one among the most sanguinC
among our contemporaries PEI
contra, the Appeal OF the same city
which has shown throughout the
/ late critical spell all honest as well
Is earnest desire 10 lay all the facts
within it's resch, before lie readers,
says: News from the cotton crop
Is still unhvOrable, though planters
are making vigorous efforts to get
out Of the grass-thAt is, such OF
them as have not had their pros.
poets entirely spoiled The weather
for the past day or two has bright
, cned, aud Il we do not have tny
more rain, II Is possible we may
come out with q tw0.thirds o.
three-fUuFhs crop, the lVtJer being
from all theinfOrma,iOn we have
upon the subject the outside limit.
We understand this estimate to be
applicable exclusively TO the South.
west and presume il Il not intenled
TO Include the Atlantic States or
even Alabama. With this reserva-
ton, the extracts we have made
from the above authorities may be
re gaHleh as fair opponents OF the
cOnAlstiHg views prevailing Oh the
suhieet.ps vluiE~IF .7sA30
The price Of cotton has been
bleWly lrceding, The New 0rleana
fluctuations Of last Wednesday, were
iok MIddlings. lSA @l0; low mid.
dliSgs, I7Ja@l8j good ordinary,
I16H@I7. 40 .3o
Vicksburg prices, of course, range
beneath thsse about one eeut aud d
half; probably ~ It 10 o declining
q little more.
M Of the New Orleans market the
New Orleans, Price Current Of July
2nd, says the general market has
continued extremely duh since ou,
! last issue, the principal exceptions
/. being in our two great staples. cot
ion aud sugar, botiYof which have
been 10 good request. The sales o.
the former, IN particular, have been
ona very liberal scale, considering
the moderate extent OF the supply
bTeriAa aCthe ruling rates, but, II
( order 20 Keep up the movement
factors have been compelled Il
make further concessions, In accor'
3 dance with Lhe accounts from Liv'
erpOol aud New York, and thu
course Of exchange, Thursday
rates showing a net decline OF 1@
: 3<c from Tuesdays quotations, 1
/. part % which waa recovered yester
day, when the movement Wa
} checked by the scant supply o.
: freight room, there being no vessels
II port unengaged, and the room IL
vessels on the berth reduced to
I few hundred bales. We notice tina
!. the Times acknowledges the receipI
: Of "a fully matured boil Of cotton
Of this crop, grown near Browns
T. willie, Texas" The first receipt o
, new cotton last year was on the 81
Of August, from that extreme
Southern liue Of our cotton grow.
ing region. and 1t will no doubt bC
the same this year, but, growing
four degrees South of New Orleans
and ten Of Memphis, IL affords nc
indication Of the progress Of the
Mississippi Valley crop. Willis
cotton has declined, sugar has com
manded full prices, predicated from
iight receipts, with q diminishing
stock and q good demand.
From the United States Econo.
mIht and Dry Goods Reporter we
clip the following;