The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1873-10-22
The lndin Crop aud Cotton loarding la
The United Suites.

/
South with regard to planters hold
iug back theircotton for higher prices
That there is, not at present a fret
movement of, tho crop is evident, bu
according to our IDEA, as we statet
last FRIDAY, this is the natural result
Of the financial disturbance and O
The yellow foyer. The, panic has fol
the moment crippled tue whole South
as il prcviouly had the North, and
everywhere oLeckod the free flow oi
merchandise, while the yellow fever il
also, as every ono knowe, having a
4 very considerable influence in the
sa mc direction. Still, as there are
somo who imagine that tho winter
months will bo better than tho pro.
sent for marketing cotton, and ore
advising planters, to hold on, there
arc two considerations worthy Of their
leo. .... I'd. .....
J. Just in proportion Us tho natu-
raj movement of cotton is held III
check now, will it be unnaturally in
| creased when tue obstacles which hold
it'll back are removed. This is self
evident, for. if you temporarily dam
up tho stream you only increase the
subsequent food. November and
December arc likely to SEQ these
obstacles removed, and if at the samo
! time the W cstern rivers should rise,
tho movement Of cotton in those
moths would bo uunaturally large.
The result of large receipts is always
belief III this largest estimates oftho
crop, and this is followed by lower
prices both here and in Europe,
whether the event justifies it not. Re-
member also that this year tho COM
parison will DO with last year, when
curing those months, for special
reasons the receipts did not bear tho
ordinary proportion to tho total
Yield. ,..... ....... ..
,. Then again, Inter on, our supply
will have to contond with Tint which
is to como from o;her countries, and
more especially from India. last
year at this time it will be remem-
bcrcd that the India supply was on
tircly exhausted, tho old Drop having
hecn wholly marketed previous to
the monsoon. This condition is now
changed, all Bombay authorities
agreeing that very considerable
stock remained in tho interior at the
setting Of tho usual rainy season. A
, fn,thcr fact Of intorest to US is givon
by Msssrs. Finlay, Muir Il Co. Tn
speaking Of the crop in Berars they
say There has been marko Cd ill.,
crease in IT," area OF land .suwn with
American sccd, the produce Of which
las, year had IL very fine staple"
puuing all this together, does it not
Look moro than probable that Novem.
hrr and December India shipments
will he very considerably in excess Of
last year, and after the first Of Jauua
ry show further comparative in
| crcaSc2 .
3. Lot us 60 one step further, for
no ono can act iutolligently without
having boforo him all the possibili-
ties. Suppose the idea Of tho crop in
the United States, which has been
issued by the Agricultural Depart
rcnt, should prove to .bo the right
orc, that is that tho yield is to be
something in excess Of four million
bales. We do hot express tho opinion
that such il to be tho case, for we
have not received the necessary re.
turns to base an opinion upon ;
md besides until we have hud a
killing frost it does not strike us that
a,y estimate Is worth much No
one, however, after last years. expo.
,lisnoo oun say that such o result il
not at least among the possibilities,
80 long then as it IS impossible, in
what estimation can We hold advice
given to planters to hoard their cot'
ton at this carly dnto : Let the
| bull; of a four million Drop, or . crop
that approaches four milllons, como
4 on thc market at tho hcight Of q con
siderablyH 'cnlarged 1udia movement
and it does not require much Of q
! prophet to, loretell the result. t.---From,
Sanger and, ,IVaNqces Cotton Circular
A new. York paper publishes the
Freport of. Hcrr, lIaps, who was, SEM
over to this country by company o.
berlin capitalists to inspect tho Nor
,bern Pacific Railroad, ard examine
its its as en- investment. Tho pa
per has never before been published
F: in the country. Herr Haas, 10 unfa.
vorablc in his views to the company
is decidedly of the opinion that fol
many years aftor completion the road
*ouId fail to pay interest on its oapi,
tal, that, it's lands could by no moapl
sell as raridly as anticipated /; that
the through traffic In competition with
San Francisco would be confined q
tea aud silk almost entirely, ;apt
would be, small, and that, IT would b,
u road merely Of magnificent futur,
possibilities. TIE fertile and 'dosira
rbles escharaotsr Of tho! land throuRl
which tho road passes 10 admitted; B.
llecr Haas, and the induce monts hell
out to omigrants 10 Europe. are justi
fed in general: bat the tide Of emf