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Holly Springs Gazette
Holly Springs, Marshall County, Mississippi
What is this article about?
Packet ship North America brings updates from Europe: Liverpool cotton sales for week ending January 7 totaled 23,970 bales against 9,881 imports, market firm with no price advance. London markets show confidence and steady prices, promising for spring trade; corn trade improves, wheat at seasonal low.
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The packet ship North America at New York, brings seven days later advices from Europe. The sales of Cotton for the week ending 7th January, at Liverpool, were 23,970 bales against an import of 9,881. No advance had taken place, but the market was firm. The other news is not important.
The commercial markets in London, as well as in the outports, are represented as displaying a firm feature, but without any very large transactions at the moment. There is an appearance of confidence and steadiness in the prices of goods such as we have not been accustomed to see for the last two years, which promises favorably for the approaching spring trade. A decided turn has also been felt in the corn trade, and wheat has evidently felt its lowest point for this season.
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Where did it happen?
Foreign News Details
Primary Location
Liverpool And London
Event Date
Week Ending 7th January
Outcome
cotton sales: 23,970 bales vs. 9,881 imports; market firm, no advance. london markets confident and steady; corn trade turned, wheat at lowest point.
Event Details
Packet ship North America arrives in New York with seven days later European advices. Liverpool cotton market firm. London and outports commercial markets display confidence and steadiness in prices, promising for spring trade. Corn trade shows improvement.