Daily chronicle & sentinel. (Augusta, Ga.) 1837-1876, December 03, 1840, Image 2

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CIiROM JLE ASD SENTINEL. - - vg T THURSDAY MORNING. D .CUMBUR 3. Illinois. The Louisville Journal says —A gentleman.) who writes us iioin Edwardsviil date of I the 17th, say s : “ This State bairon* for Van Bu- j rea, although the vote is very clcfe.” This intel ligence appears to be confirm© by information from other sources.” | North Carolin l. 'die Salisbury Watchman of tie 27th says re- ! turns from all the counties but Lie, show a ma-! jority for Harrison of 12,554. I The Savannah Georgian of the |,t inst. says that; W. W. Gordon, Esq., Senator fro i Chatham, is of! opinion that the bill for the resi|ar lion ot specie j payments, will pass the Senate fc a vote of three to one. _ We learn.says the Charlestoc Courier of the j 2nd instant, that the Hon. J. (J. (Ilhoun, has been unanimously re-elected to the L. . Senate. The Post Office.— That th ;*e is a general j deficiency in the public reven 2, to a large a mount, which it will be among i lie first duties of the present or next Cong eta to provide j for, not only the time bein , but for the lime to come, we presume is ui versally under stood. If nothing be done by \ ay of providing for the extinction of this debt, t: 0 first thing in deed, that Congress will have pdo under the administration of Gen. Harrisorl (who will no doubt restore to Congress the dity of managing the revenue, usurped by the Ex&utivo since the 4th of March, 1829) will be to lirovide at once for the payment of a public f ebt (including : Treasury notes) of twenty or thirty millions of dollars. The next and yet morlimportant duty which will necessarily devolve wipon the next' Congress, will be to provide a ermanent addi- ■ tion to the revenue, which falls inually short of the wants of the government, pertly from the late derangements In the comrn rce of the coun try hut principally by the nec< sary operation of the compromise tariff’, which v U have reached its minimum in 1842, but aire Jy low enough for its effects to be sensibly Lit jpon the reve nue from the customs, (or dutie upon imports.) In addition to other deficient ?s of the reve- j nue, which it wiil be necessary of Congress to provide for. if wo Jo not mistak the matter, will be that in the receipts of the Po r : )ffice, which have been falling off, until its re ei?.ue is not ad- i equate to its expenditure. Th present Post-1 master-General, we believe, rec- ved it from his I predecessor loaded with a heavy debt, which the diminishing revenue of the offic in not likely to enable him to provide for. We suspect in fact, that the Post Office De partment, as wellas the Treas: y Department, find* it difficult to meet the d ily ordinary de- ; mands upon.— Sat . hit . The Cotton Crip. We had a conversation a few flays since, with Mr. Daniel, the Assistant Marefal of this coun-; ty, whose office enables him i form a correct estimate of the present crop. fcl- has visited al most every plantation in the colmy, and states that it has been an object with*ira in every in stance, to find out the compared,vo ertimate be tween the production of the prci nt, and the two ■ previous years. The result to \ hich he has ar rived, is, that in proportion t. the number of j acres in cultivation, the quantity of cotton grown in 1840, compared with 1839, v II fall shert one ha.f—compared with ’3B one-» ird. He states that in many cases, the deprr iatfion has been muen greater, and that if there le any error in the calculation, he has been to liberal. From all the information we can ga m from various sections oflhe cotton-growing ! ;atcs, the depre ciation has been universal in about the same ratio as here. —Marlon f Ala. ) Hrra'd, Congress.—ls our obligati m? keep peace with our opportunities, then mei ip eminent pub lic stations are under a fearl i responsibility. They are not at liberty to feel n I act as those who move in humbler spheres; * cir situation de mands higher sentiments and n jra elevated en deavors. The influence attack d to their ex ample is enough to make one t • iuijile ; —it pure, j it will be a fountain of moral !>*"*—;if 4 depraved, it will convey to the hearts of m irudes the im medicable sickness of the seconcSJ«ath. Do the public men who annulibr assemble in | our capitol at Washington rcali|- ibia truth? Do • they rightly estimate the con litj’aenccs which j must flow from their morals as I eil as their mea- 1 sures? Do they feel that eves/ virtue or vice practised there is to affect the Qa acter -A a na-. tion? With truths befor them can they st jop to folly? Can they pas around the in toxicating bowl? Can they r ingle with the reckless and profane at the gam, mg board? Can they defile the sanctity of their c ice in the haunt j of licentiousness? We would not throw out a indiscriminate censure or suspicion. There *femt n in that body to which we allude, of a p rily of life that may fearlessly challenge the f |fic test scrutiny. But we have reason for bolievi ig-that there are i those whoso conduct is deplorlbl.y at variance j with their professions, and atSv -.r with those i virtues on which the purity anurvcacc of society j depend. These men seem to ic.f.c the mantle of • their correct habits at home, an* to divest them- i selves of that sense of responsibility which the I presence of domestic piety and flection impose. We cannot conceive of a more iulamous breach of trust than what that man is guilty of who finds in the ignorant credulity c| absent friends a release fiom the wholesome re lrointsof moral ity. It is a species of deception and treachery as much to be reprobated as lliailjpon profligacy : which may be much more callcls to shame.— North American. “The old TKMl*iTKlx«Sk| Fiddle.”—A correspondent writes fiom New Joik on the 7tb j instant that “ all is lost ** ► Upon this Mr. Ritchie flaps wings and j crows: * \ ** All is not lost—We have avid our honor j —wc have saved Virginia. i ; iVa have saved | the citadel. We have saved th Lag of the Re- j publican party.” Mr. Ritchie’s exultation at h ving saved Vir ginia by some two or tnree hi lured votes, re minds us of an anecdote we hav lizard of a half witted brother of Mr. Jefferson Mr. Jefferson we have been told, had his ho st: burnt many years ago. He had living with him at the time a simple, eccentric brother, wh( owned an old lidde with three strings, to whi h he was very much attached. As soon as t! '?■ fire was disco vered, all hands went to work t • save the furni ture except his brother. He rar and secured his old fiddle, and swore that “ the house and eve ry thing else might hum and \ f M d — d. He had saved his fiddle, which was 11 he carea for.” So it is with Mr. Ritchie. He fc is saved Virgin ia, and it is worth aoout as mm \ lo him in the present contest, as was the ol three-stringed fiddle.— Char. Adv. A HiJfT. —“Recollect, sir,” BrfJ x tavern keep er to a gentleman who was aijfcat leaving his house without paying the “recloning.” “recol lect, sir, if you lose your purse sou did’nt pull it out here." | The Hon. Hesht A. Wise, )f Virginia, was married yesterday to the acconij fished daughter «t the Hon. John Sergeant, of Philadelphia.— Fw Yvrk Timet of the 27th. From the Southern Fanner. Ma. Editor.—l have added the official re port of the amount and value of our cotton ex ports for 1839, to the tables I published some time since in your paper. I have added aiso, j some other tables. Among these, is a rule for j determining he price of cotton for any year ! when the amount of the crop is known. The 1 only principle introduced into these calculations : is, that the supply regulates the price—that mo i nopolies, combinations of manufacturers, spccu ;■ lations of merchants, false reports of the crops, panics, bank contractions and expansions, and all the disturbing causes which affect prices, have but little, very little, effect on the price of i cotton—that the immense amount of this staple, , now reaching to 1000 millions of pounds, decides : its own price, according to the ratio between sup ply and demand, almost unaffected by tne other causes which usually influence prices. The reasoning by which I justified thisconclu j sion is, to some extent repeated in this communi cation —though it is more fuhy developed in the former one. The following table taken from the reports of the Secretary of the Treasury is the | foundation of all the conclusions which I have i drawn. Years. Exp’tsinlbs. Value Price. ]«2O 128,000.000 $22,300,000 $0,17,4 1 125, 20,2 i 16,2 2 145, 24,0 16,5 3 174, 20,4 H.7 4 142, 21,9 15,4 5 176, 36,8 20,9 6 205, 25,0 12,2 7 294, 29,4 10,0 8 210, 22,5 10,7 9 265, 26.6 10,0 1830 296, 29,7 10,0 1 275, 25,3 9,2 2 323, 31,7 9,8 3 330, 36,2 10,9 4 385 ; 49,4 12,8 5 387, 64,5 16,7 6 424, 71,3 16,8 7 444, 63.2 14,2 8 596, 61,6 10,3 ' 1939 414,000,000 61,200,000 14,8 In examining this table, it is immediately seen that in 1825, the price of cotton was extravagant ly high ; and os this is well knrwn to have been a year of the wildest speculation, we will leave it out in all our calculations. By adding up the columns of exports, we will get the enormous sum of 5501 millions of pounds. By adding the corresponding values we will have $706,400,000, and this gives an average of 12 cents and 7 mills as the price of cotton per pound. ; If we add up the column of prices aad divide by, I 19, the number of years, we will have 12 cents and 9 mills as the average price—and the mean between these, or 12 cents and 8 mills may be confidently jegarded as the mean average price of cotton at the seaports of the United Slates. ! In order to obtam from this table, the average ; wants of the foreign manufacturers, wc have on ly to notice two periods, when the puce was at ior near the average; and by gelling the rate of 1 increase lietwcen these limes, we will have, espe cially if then is much interval between them, a * rate very near the true one. Thus in 1826, the | price was 12.2 and in 1 5 34, 12-8, so that the | crops of ihof;o years may be regarded aa the de mand of the manufacturers for 1826 and 1834. Now 205,060,000 pounds is increased to 385 in 8 years at a compound interest of S per cent. Let us now suppose this as the true average rate of increase for the whole period from 1820, to 1839, and see how it compares with the real supplies and crops of each year. For this pur pose, we mast find what amount increasing at ; the rate of 8 per cent, each year w;ll reach 385 , millions during 14 years, from 1820 to 1834. i This wili be found to be 131 millions, I have ! begun with this 131 millions and added 8 per ! cent, annual ly and inserted it in the third column of the following table, as the average wants ofthe manufacture* from 1820 to 1839. Whenever the crop, which is inserted in the second column, is above thecc wants, the excess is addtd to the | next year’s crop and placed in the fourth column, so as to give the actual supplies. Thus in the crop is 174 millions; the wants are 165; the excess 9 millions is added to 142, the crop of ; 1824, and gives 151 millions as the supply for 1 that year. Now if wc examine the table of supplies and wants, it will be seen that in 1839 the supplies i are below the want*, and the price, 14.8, above | j the average 12.8. In 1838 the supply outruns! tha wants and the price falls behind the average; i and so it will be found in 17 out of 19 years of the table ; whenever the supply exceeds the aver ! age wants, tiie price falls below- the average price of 12 cents and 8 mills; and when the supply ! falls behind, the price rises above the average. I After inserting the prices in the fifth column, I have added two othercolumns, tbe first showing . excess or deficiency per cent, in the supplies over I the average wants; and the second showing the j excess or deficiency in the price compared with the average price. Thus in 1839, the suppty be ing 486 millions and the wants 566, the deficien j cy 80 millions is 14 per cent, on 560 the average wants for that year. This 14 is pul in the 6th column. The price 14.8 is 2 cents above the average, and tins is 16 per cent, on 12.8 the aver age price. This 16 is put in the 7tn column, with the letter A after it, to show that the price is above the average; whereas the 14 in the 6th column has the letter B after it lo show that the supply is below the demand. A glance at these i columns will make it evident that in every year i except 1826 and 1833, whenever a B is in one column, an A is in the other.—That is, when ever the supply rises above the average demand, ; the price falls below the average price; and vice v*rsa. Crops. Wants. Sup’s Price 1930.. 128 131.. 128.. 17.4..2 8..33 A 1.. .125 141.. 125.. 16.2.12 8..26 A 3.. . 14£ 153.. 145. . 16.6. .5 B. .28 A 3.. 174 165.. 174.. 11.7.. 5 A... 9 B 4.. 142 178.. 161, .15.4,15 8. ,21 A 5.. .176 192.. 170. .20.9. .9 B. .63 A 6.. 205 208..205.. 12.2.. 1 8...5 B I 7.. 294 224. .294. , 10.0.31 A..22 B 8.. .210 242. .280. .10.7.16 A.. 17 B 9.. .265 .262. .303.. 10.0.1 C A. .22 B | 1830...206 283..337.. 10.0.16 A..23 B 1.. .275 305. .329.. .9.2. .8 A. .28 B 2.. .322 330. .346.. .9.8. .5 A. .24 B 3.. .330 356. .346. .10,9. .3 B. .15 B 4.. .385 385. .385. .12.8. .0 0 5.. .387 416. .387. . 16.7. .7 B. .30 A 6.. .424 449. .424.. 16.8. .6 B. .31 A 7.. .441.....485..441.. 14.2,.8 8..11 A 8.. 596 524..596.. 10.3,14 A,. 19 B 1839.. 411 566. .486.. 14.8.14 8..10 A This table makes it evident, I think, that the principle I assumed at the beginning was a cor rect one; that the proportion between supply and demand was almost the entire regulator of prices. It seematomc also to establish several other important facts: Ist. That the average natural price of cotton is about 12 cents and 8 miils. 2d. That the increase in the demand is regular and unabated up to the present time. 3d. That the yearly increase of the demand is nearly 8 per cent. From these tables which I haJ published some time since, I predicted that the price of cotton for 1839 and 1840, almost exactly what it ha* since been found to have been. The fulfilment of my anticipations have led me to ro-oxamine the subject so aa to endeavor to give more ac curacy, if possible, to the tables of supply and demand. In the above tabic, the increase in demand is ■ determined to be 8 per cent, by comparing the years 1826 and 1834, when the prices were very near the average price- It has occurred to me thit it would be bettor to take th® mean increase by comparing together all the years of the table, j Having effected this in the most accurate raan ne* in which I think it can be done, I have found the average increase to be a little less than my 1 former estimate. The wants for 1820, I have found 133 millions instead of 131, and the rate of increase 7 8 10 percent, instead of eight. The following table, differing lut very little, from the last, is calculated on these data, and each column is obtained piecisely as in the other table. By cx mining it, it will be seen that an exceess of supplies above the average demand, always causes a falling off in the price, just as before, the two years, 182 G and 1833 being still exceptions; but the irregularity in them is less than before. Crops. Wants. Sup’s. 1820 128 133 128 4 B 25 A 1 125 14.3 125 13 B 26 A 2 145 155 145 6 B 28 A 3 174 107 174 4 A 9 B 4 142 180 149 17 B 21 A 5 176 104 176 9 B 63 A 0 205 209 205 2 B 6 A 7 294 225 294 31 A 22 B 8 210 242 279 15 A 17 IJ 9 265 261 302 16 A 22 B 1830 296 282 337 19 A 22 B 1 275 304 330 9 A 28 B 2 322 327 348 7 A 24 B 3 330 353 351 IB 15 B 4 385 381 385 1 A 0 5 387 410 387 6 B 30 A | 6 424 442 424 4 B 31 A 7 444 476 144 7 B 11 A 8 596 514 596 16 A 19 B , 9 414 554 496 10 B 16 A 1840 [7ll] 597 [7ll] [l9 A] B 1 ' 644 As the shipments of 1640 arc now' completed, I have inserted the exports for this year in the second column; but as they arc not official. I have enclosed them in brackets. These exports are 1.870.000 bales. Now, last year's exports were 1.075.000, and their weight at the Custom House wa? 414 millions of pounds, which makes the average weight of a bale to be 355 pounds. By taking the average for the last five years, I get this to be 380. Hence our exports for 1840, will weigh 711 millions of pounds. This being an excess of 114 millions above the demand amouuts to 19 per cent, on the same; which is therefore ! inserted in the sth column, inclosed in brackets | for the same reason as before. By examining the table, it will be seen that all j the excesses and deficiencies of supply from 1825 i to 1839 were 144 per cent.; and that the defi- , ciencics and excesses in price in the same period were 222 per cent. So that it appears that an excess of 1 per cent, in the supply causes a fall ing off of 1$ per cent, in the price. By this rule, we have the prices of 1840, at 28$ per cent, be- i low twelve cents and eight mills, the average price. This gives 9 cents and 2 mills as the price of 1840; and as this includes Sea Island, every one may see how very neat this is to the j actual price at which the crop was last year sold. In order to test the rule, I have inserted in the following table, the calculated prices and the real prices for the last ten years. Calculated prices. Real prices. 1829 9,7 10,0 30 9,2 10,0 | 31 11,1 9,2 ; 33 11,5 9.8 i 33 12.9 10,9 j 34 12,7 12,8 ! 35 14,0 16,7 j 36 13.6 16,8 37 14,1 14.2 38 0.7 10,3 | 39 14.7 14,8 j 1840 9,3 The agreement of these prices except tn the* speculative years of 1835 and 1836 is very rc- | markable. In three of the years, the difference is only 1 mill, and in all except those just men- > lioned, the average difference is le. s than I cent, j Perhaps some may place sufficient confidence i in these tables to anticipate the price of the com ing crop. Great uncertainty yet exists as toils amount. I shall not attempt to estimate it, but calculate the price according to some supposed amount. The excess of the present year, 114 millions, being deducted from the demand of the foreign manufacturer will lea\e according to our tables, 532 millions as the export wanted for 1841. This turned into bales, gives 1,400,000. We j must now get the domestic demand. Os the whole crop of 1810, amounting to 3,175,000 bales, there was exported 1,870,000, leaving 305,000 for the consumption of the United States. The slocks on band in the sea ports at the end of 18-10, (viz, Oct. 1, 1840,) exceeded those at the end of 1839, by 14,000 bales; leaving for actu al consumption, losses by fire and other accidents 291.000 bales. It is believed that our cotUon manufacturers hold large stocks both of goods and of the raw material, so that their wants for 1841 will be less than for the past year. But as | the consumption for the last five years has not averaged much below this, viz, 257,000 bales, ! their wants for 1841 can fall off but little.— They may be safely put at 280,000 hales. Hcncc the crop for 1841 must reach 1,680,090 bales to i , meet the wants of the trade. It will be found i also that an incrcace of about 90,000 bales w ill cause a deficiency in the price amounting to one cent, according to the principles I have explain ed above. I also find that the price for the whole j crop last year was raised 2 mills by including the ! , B?ea Island cotton: If I still further deduct one i halt a cent from the average, on account of the | superior value of New Orleans cotton, I will get the price of Georgia Uplands at Savannah. Ano ther half a cent deducted, will give the price at : Augusta. From these data, I make up the fol lowing table. Bales. Av. price. Savannah. Augusta. 1.630.000 12,8 12,1 11,6 1.500.000 14,8 14,1 13,6 j 1.600.000 13,7 13,0 12,5 1.700.000 12,6 11,9 11,4 1.800.000 11,5 10,8 10,3 1.900.000 10,3 9,6 9,1 2.000. 9,2 8,5 8,0 I have seen circulars from New Orleans, esti mating the crop at 1,700,000 bales. According to my tables, this would justify a price 2 or 3 cents higher than is now given. The present price at Augusta, about 8$ cents, would require a crop of 1.950.000 to support it. I have heard of no one putting the present crop higher that 1,800,000. The followingfrough estimate of it, every one will suppose sufficiently high. 1841 1840 1839 Virginia, 15 to 20,000 21 22 N. Carolina, 5 « 10,000 10 11 S, Carolina,2oo “ 230,000 312 212 Georgia, 180 “ 220,000 293 206 Florida, 100 « 120,000 134 76 Alabama, 300 “ 400,000 446 252 N. Orleans, 700 “ 800,000 959 588 1,500 to 1.800,000 2,175 1,366 The highest of these estimates will warrant a price of 10 cents and a quarter, which is nearly two cents above the price; I feel therefore author ized to assert with considerable confidence, that the price of cotton during the present year must advance. As however the reasons of this opin ion are fully developed in this communication every one can judge for himself what it is worth. FREE TRADE. The Law or Nbw6i>aper9.—-We learn from the Boston Courier that Judge Williams, in a late ease before the Common Pleas, laid down the law in relation to a question interesting to Edilois of newspapers, as follows : 1. Where » iubfcribtr to a newspaper orders it to be discontinued, and it continues to be left at his residence, the presumption is, in the ab sence of any evidence to the contrary, that it is left by the subscriber s orders, and upon a prom ise to pay for it. 2. If a newspaper is left from day to diy fora person at his place of business with his knowledge and consent, though not his expressed consent; and i! he has reason to believe that it is so left un der the expectation that he is to pay lor it; in that case he will l»e bound to pay for it. unlc-ts he gives notice to discontinue it. Death hy Suicide of ax Eminent Bank er*— Ihe New \ ork Express of Friday eve ning says:—V* all street was thrown into quite a sensation this morning from a report spread that Nathaniel Prime, Esq., had commit ted suicide this morning at his residence near Hell Gate. This extraordinary act will over whelm a very numerous and highly respectable family in the deepert affliction. Air. Prime re tired from the House of Prime, Ward & King a few years since, with a large fortune. He has since resided at his fine mansion in the city and at his country seat at Hell Gate. Possessed of a splendid fortune with a family numerous and among our first citizens, at the advanced age of about 74, and with all the comforts of life around him—beloved by his family and respected by the public,—there can bo no accounting for the act ; but by a temporary aberration of mind. e learn from the Carlisle papers, (says the Philadelphia National Gazette ,) that Colonel Charles M’Clurc has been elected to fiil the va cancy in the present Congress occasioned by the death of Mr. Ramsey. The vote-in Cumberland county, of which only the return has been recei ved, was for Col. M’Clure 1786, scattering 166. Loquacious Conversation.—Corp'l Street er lately overheard the following conversation. An old gentleman riding over a bridge, turned round to his servant and said— “ Do you like eggs, John 1” “ Yea, sir.” Here the conversation ended. The same gen tleman, riding over the same bridge that day 12 months, again turned round and said— “Htw?” * ! Poached, sir” was the answer. The man of the N. V. Planet thinks he can better this story, and tells how two friends were conversing at the East India Company’s Docks London, one holding on to the button of the oth er. He suddenly released his hold, ana turning, said— “ Good morning—l am going to the East In dies.” Sixteen years elapsed—the absentee returned and meeting his quondam friend, immediately seized him by the button, exclaimed— “ Well, as I was saying when I left,” &c. W c can see these stories and go ten better. There was a man in this city thirty years azo who wanted a young lady to marry him. He , got the question as far out as to say— “ Madam, will you”— when his heart failed him, and he ran away to France. Yesterday ho came back and pJd— “Have me?” and the old lady said—“Certainly.”— Picayune. M A U rTe 5T On the 6lh ultimo, by the Rev. J. W. Reed, Mr. Joel T. Magin tv to Miss Frances Haknescurg er, ail of Lincoln county. OBITU A S V . Died, on the —th November, at the residence of her mother, .Mrs. O. I*. Butch,of Columbia county, Mr*. Susan A.-Milton-,of pulmonary cousumption, in the 31st year of her age, consort of Col." John Milton, of New Orleans. Reared by religious parents, Mrs. Milton early j att u bed hem if to the Methodist EpiscopalCbuxea, ana for the last fouitcen years was an exemplary member thereof. Her protracted and painful ill- j ness gave evidence of that l bristian resignation and composure, that belong only U* those wno are the j subjects of ardent piety. As she lived so she died, j As a Christian, practising with more than ordinary puutuality the auties of religion, death had to her ! no terror; emphatically, and with a full assurance j of faith, did she reilerat-3 her confidence in a Cru cified Saviour, and her interest in his atonement. Fearlessly she met the grim messenger, and tri umphed in the moment of her departure. Go, de parted spirit, to mansions of eternal glory, where so long you have anxiously desired to be —to climes and spirits moie congenial to your nature — where sorrow and sickness and pain arc fe.t no inure. COMMERCIAL. Latest dates from Liverpool , November 6 Latest dates from Havre , November 4 AUGUSTA MARKET. Wednesday Evening, Dec. 2. Cotton —The sales to-day, from wagons, have been at from 9$ to 9jj cents. We quote the ex tremes of market at 84 to 9;| cents lb. Exchange —On New York, at sight, ol\ t> cent for current funds; Charleston at 0 64 & ct; Savannah 2$ ® 3 ct; Philadelphia 4 0 5 $-v cent; Lexington, Ky. par 0 2 cent; Richmond 4 cent; Specie — 0 54 i> cent prem. Bar./: Notes. — Savannah Banks. 2 0 ct. prem. Columbus Insurance Bank. .. .34 0 - “ “ Commercial Bank, Macon, 3$ ® - “ “ Mechanics’, “ (Augusta,) 54 0- “ “ Agency Brunswick,“ sho- “ “ Planters’and Mechanics’Bank, Columbus, 1 (a- “ disc’nt. Central Bank, 74 0 - “ “ Milledgeville Bank, 30 - “ “ Ocmulgee Bank, 6s®- “ “ Monroe Rail Road Bank, 12$ 0 - “ “ Hawkinsvillc Bank. 6s®- “ “ Chattahoochie R. R.& B’k Co.. I 0- “ Darien Bank, 20 025 “ “ Bank of Rome, 125®15 “ “ Union Bank, “ 50®- « “ Southern Trust Co. “ 30®- “ “ All other Banks now doing business, at par. Specie Paying Banks. —Mechanics’ Bank, Insu rance Dank of Columbus, Commercial Bank of Ma con, and Brunswick Agency in this city. New York, Nov. 28. Cotton. —Since our last there has continued a steady good demand from the manufactmers, and sales to jsomc extent have been made; holders continue firm, and prices aie well supported. The sales include 1430 bales Upland and Florida at 83 0 log cents ; 200 Mobile, 10 0 11, and 950 New Orleans, 94 0 11—making a total for the week of fully 5000 bales. Coffee. —The market for this article continues heavy; prices, however, are without particular change. We notice sales of 3 0 400 bags Brazil at 10$ ® 11$ cents J 450 Laguyra, 10$ 0 n ; 50 Sumarta, 10|; ICO old Government Java, 13, all 4 rnos.; and about 1300 St. Domingo, (600 for ex port) 90 9$ cts. mostly at 9s, cash. An impor tation of Maracaibo and one of Cuba have arrived since our last. Flour. —Since our last the Flour market has a gain assumed rather a dull appearance, owing to the absence of other than a very moderate demand from the Eastward, and the continued heavy re ceipts from the interior, a large proportion of which is going in store, partly, however, owing to the unwillingness of some holders to accept pre sent rates. Common brands Genessec may still be quoted $4 87$, and nearly if not quite all offer ing sells at this price. Michigan commands $4- 75; and the best brands of round hoop Ohio. $5 0 $5 12$. From the present favorable state of the weather, it is anticipated that afl the produce In progress of shipment will reach ii? destination previous to the close of csnal navigation. For j-outhem there has been more inquire, and sales h? vc been made for export of iOOU bbls. Howard street and 500 Baltimore City Mills, both $5 25 ; and 300 Richmond City Mills, Clarke Sc Co. >5 25 all cash. Molasses. —Continues excessively dull, and pri ces are gradually receding. The sale? by private have been confined to small lots to supply imme diate wants, and various parcels are almost daily forced off by auction at very low rates; 80 hiids. sour Cuba sold for distilling at 19 ct', cash. Sugar. —The Stock of Muscavado continues light; the demand is very limited, but prices arc without material change. The sales embrace a boul 250 hhds. New Orleans at including 120 to arrive coastwise at the latter rate; 1 and some Porto Ilicofe St. Croix, within our range. | The arrivals of Box Sugars have been numerous, ■ | and the market is now well supplied. 50 boxes ■ | brown Havana have been sold, part for refining, , | at 7-f 0 8J ; and 1 a 200 White do. 9£ ft 10$ ct«, , | ali 4 months. Bai.tuiore, Nov. 27. 1 Cqjf'ee. —At auction on Tuesday 250 bags La ' guayra were sold at IDA n and 444 tags Rio llatlo ft 104 c. At auction to-day, 1342 bag? Rio, i ! cargoes of Brigs Solon and Mary, were sold at 10/fi 1 | ll|c. The bidding was very spirited, and the sale f | went off briskly, fully supporting former prices. I | At the same time 105 bags Cuba were sold at 9|c. Cotton. —About 800 bales have been taken with : I in a week or ton days by manufacturers, at 10A ft ■ 11 cts. for South Carolina, 11 cents for Georgia, j and IGA cents for North Caiolina. Floto\ —Howard street Flour.-—The sales of ‘ Howard street Flour of good common brands from i stores during the week have reached about 2000 • barrels at which we quote a? the current . store rate to-day, The article is dull. The wa gon price is now *4,75 and the receipts considera bic. City Mills Flour. —Sales to some extent have been made in the course of the week for export, at $4,87 A per bbl. and we quote that price to-day.— A cargo of the Tweed brand extra quality, has been taken on terms not transpired. Provisions. —Bacon have been made to a con siderable extentduring the week. ’Ve arcadvi=ed of sales of near 100,01/0 lbs. strictly prime bides at 104 cents cash. Several parcels of Hams have been sold during the week, and at some variation in price. We note sales of 4000 lb*. Hams of prime quality at 11 cents, and another lot of 300 Hams at 12 cents. The last named price is about the store price now. We would remark that the sale at 11 cents was made under peculiar circumstances and is at least ! cent pe: lb. below the market price. Shoulders are held at 9 cents. There have been no transactions in Old Western Beacon worth naming, except a sale of 5000 lbs. doles at 5 cents per lb. The price of Old Bacon are very unsteady. There have been considerable transactions in new No. 1 Lard in kegs at 11 cents, which we quote a? the price now. Sales of the same description in barrels have been made at 10 cents—The good qualities of Glades Butter are sold very readily from store', and at prices above our last week’s rates. We ad vance our quotations for No. 1 to lb a 21 cents, and choice No. 2t016 to IS cents. Common No. 2 is selling at 14 a 15 cents. No. 3 sells at Bto 12 cents according to quality. The flock of Western is very large; and the extreme of price range from 7 to 10* cents. The principal sales arc however at 7 to 9 cents, very choice only commanding the high est range. Sugars. —We note the sale of a parcel of Brown Hcvana box at $8,25. At Auction 66 hhds. New Orleans wete sold at $7,05 a $7,50. At Auction on Tuesday 143 hhd. Porto P.ico were sold at a $8,25. Whiskey. —Sales of hhds. at 23 4V 234 cents, and more recently at 23 cent'. Sales bbls. from stores at 254 cent-. The v, ugon price of bbls. is now 20 cents, exclusive of the barrel, MARINE INTELLIGENCE. Savannah, Pecember 1. Cleared —brig Gazelle, Glover, Baltimore. Arrived —brig Mary Ann, Curtis Boston ; sthr. Antelope, Eldrcdge, Boston. lie'ov: —A >hip. Went to sea—.rig Win. Taylor, Hoey, N. York; brig Gazelle, Glover, Baltimore ; schr Richard Taylor, Robinson, Philadelphia. Charleston, December 2. Arrived yesterday —ship Inez, Cook, New York ; ’brp Delia Walker, Coudry, New ouryport; ship Leonora, Bray, Boston ; Br. barque Yorkshire, i Foster, 8 toe k lon, (Eng.); brig Cronstadt, Hatch, Boston ; schr Mary Hammond, Hammond, Turks | Island. Cleared —brig John C. Calhoun. Bul.cn, Havana; brig Lancet, Clark, Mobile; C. L. brig Perry, Hamilton, New York. Cfff Dr. IF. S. JONES tenders bis professional services to the citizens of Augusta and its vicinity He may be found at his residence on the North .side of Green second door below Mclntosh street, or at the Chronicle ami Sentinel office. ANDREW J. MANSELL, ATPOPXLY AT LAW , nov 25-ts Dalohuega, Ga. W. R. CUNNINGHAM, & Co., GENERAL COMMISSION MERCHANTS, not 31 Savannah, Ga. 2m JOHN R. STANFORD, ATTORNEY AT LAW, j.vl7] Clarkesville, Ga. B. 11. OY FURY, ATTORNEY AT LAW, feb 25 Jefferson, Jackson county, G i AUGUSTUS BBSS, AT TOR NEY AT LAW, sept 5-Iy Madison Morgan county, Ga. CCT* IELIAM O, EVE, J. P., can be found at ail times at the store of Wright. Bull & Co. oct 28 ts W . G . N1 M MO. ■ COMMISSI oNM E R CIIA NjT. Office in the lower tenement Masonic Hall, nov 9 ts j JOHN. J. BYRD, NOTARY PUBLIC, W ill be thankful to his friends for anv part of bu- j siness in the above line, which will be attended to witn rectitude, &c. oct 24 (O’ EXCHANGE ON NEW YORK— At sight, aad at one to twenty days sight. For sale bv ~ oct 23 GARDELLE & RHIND. THE READING ROOM Attached to this office is open to subscribers, and strangers introduced by them, every day and eve ning (Sunday evenings excepted) until 9 o’clock, ' Subscription $5 ; for a firm of two or more $lO OTIC E.— N. A. BUTLER <S* CO. are my duly Xn authorised agents curing my absence from the city, [nov 17-wlm*J ISAAC TAYLOR. O’ AUGUSTA BENEVOLENT SOCIETY. For the benefit of the sick poor of Augusta. The committee for the present month are as follows : Division No. I. —W. E. Jackson, Andrew Me Lean, Mrs. Pemberton, Mrs. Waterman. Division No. 2.—J. B Groves, VV . H.Crane, Talliaferro, Mr?. Ann Winter. Division No. 3. —Porter Fleming, E. W. Doughty Mis. Andrew Miller, Mrs. Cornelia Cohe* ” * ’ nov 24 J. W. WIGHTAIAN Secy. Cj’- Dr - GARDNER, formerly resident surgeon n Hie New York Hospital, and physician at Belle vue Hospital, New York, tenders to the public his professional services. Office in Washington street, between Broad and L.hs streets P.csidcnce, Eagle & Phramix Hotel ap 2 A GREAT BARGAIN OFFEBEdT plantation fifteen miles from Augusta, in T \. , county, late the res, deuce of Gen. David Tayloy jr. Enquire of Mesers. J » mes and Augus-ys H. Anderson, Burke countv, on- Colonel Henry H. Camming, Augusta. November 27, 1840. s *-6w ; VMvrv I‘Kic-iw < I i;rr*” imasoAv, December S , * | j BAGOna-frmp.. , !0 1 j bale *opE.\" H » » m j BACON—Hog round r '«* 7 ® Ri j ® t I i j Shoulders, t: •} Jot ’! Sides, **"« ? I BUTTER-G^ en J | * North Carolina, ** >- ff 2.1 Country, '» 90 I COFFEE—Green prime Cuba..” 2. j Ordinary to g00d,. ...« a 15 St. Domingo « ... rt U Brazil, .*« _ » If iMguira, •« 12 . J - Porto Rico, « o- ® 15 J * va j 16* | J 5 Mocha, « tv - U i COTTON —Ordinaryto mid'* « - ? 2D £«**>> ■ :« ii* j G oo*l fair, « gj ® 9j j Prime, <; | CANDLES — Spermaceti, « X ~ Sj : Tallow, ‘i on % % CHEESE— American if, - ft ’ English, X ... « I» ClDEß—Northern, &bbl. 9 00 In boxes, doz. 35n *^ ClGAßS—Spanish, .31. 15 Co 1 3 American, « 5 fin CORN- bushel ‘ An FISH —Herrings h CiX jn- £ 50 M n rkerel No. 1 a u 2 t; 1 3 ' mi S Oft o FLOUR—Canal,. f bl. 7 ® Baltimore “ 7aa ?® 50 Western, “ ’ w Country .7 on o> r GUNPOWDER— keg 600 * S SO Bluing, “ 400 S!! GLASS- 10Xl2 r box 350 % J? S * 10, « 305 t IRON—Russia, 100’5 6OJt JJ Swedes, assorted,. ...“ 600 | SJJ *}o°P, “ 900 §|sl Sheet « soa " Nail Rods, « 70S S ! s °» LEAD—Bar, “ - % SC " J LEATHER—SoIe, ..16 2 S | I Upper-. side 175 ® 2 S MOLASSES—N. Orleans,..gal 30* | J Havana, “ English Bland, « « NAILS- i b 7 | 7 OILS Latap,. ga l 150 « 2C , 1 15 0 125 Tanners, « 60 OATS — hush y, PEAS— » * PAINTS — lh 15 Whitehead, keg 300a 3% Spanish Brown lb \ j * Yellow Ochre, “ 3 PEPPER—BIoch, y a m PORTER — London, doz 400 d fjj' and Ale, American,.Jbbl 300 3 fin RAISINS — MaIaga, box 3CO S 3 2i Muscatel, “ 250 % 253 Bloom, u tiiifu K l CE—Prime, 1(;U lh 400 Q 500 Inferior to good, “ 350*5 450 SLCAR —New Orleans ib 9 h jj j* Havana, white, « 13 Q 15 “ brown, “ gig 9 Muscovado “ S 0 10 St. Croix, « 10 ® ijj 1 Porto Rico, “ g ’='s if | Lump, “ 14 iS If Loaf, « ]5 Cdt 20 Double refined, “ 20 $ 2; SOAP — American, No. 1,.... S Q SI No. 2,.... 5 (a 8 SA L T —L ■'verpcol ground,.. bush $ Si! Turk's Island,. .’. « none STEEL—German lb J 5 (3 ]( Blistered, « $ j 121 SHOT—AII sizes, bog ]75 3 200 SPIRITS — Cognac, 4th prf. .gal 150 {3 25c Peach. ] 00 0 151 Apple, “ 45 0 60 Gin, Holland, £! I 20 (S 15s “ American, « OS (S t 5 Rum, Jamaica “ ]2b ft 115 “ New England, .“ 40 ft S Whiskey, Northern,. I '' 40 ft 'i “ Mononga.. l - ft 19 “ Irish, “ 2 00 ft IS TOBACCO — N. Carolina,....lb 8 ft I! Virginia , “ 15 ft ts TWINE — “ 30 ft Ij TEA — Bohea. “ 50 ft >5 Souchong, “ 50 ft 15 * Hyson, “ 75 ft 125 Gunpowder, “ 100 ft U 5 WlNE—Madeira sol 250 ft Sicily Madeira,... .•* I2sft H 5 Sherry, « 200 ft 35#* Teneriffe “ 75 iS Sweet Malaga, 41 40 ft W Porte, “ 75 ft 3# Claret, “ none 44 in bottles,...doz 300 ft 8® Champaigns, “ 500012 '4 —All persons having unsettled &»■ ness with the estate of K. C. Baldwin.* 1 eased, will please settle the samt' with the css cern of R C. Baldwin & Co., the surviving part** being the authorised agents of the estate lord* purpose. THOMAS TAY’LOII. Nov. 12, IS4O. [dot w3m] Qualified Ex t. "VTOTICE.—The film of R. C. BALDWINk W will be continued under the provisions of W Will of the late R. C. Baldwin, until the 24thdr of July next, when it will expire by its tation. M. iv puft JAMES HALE, S 1 THOMAS- TAYLOR, W ; - Augusta, Nov. 12, 1840. d3tw&tr»2«_ OTICE.—AII persons having demands 1> the estate of Richard C. Baldwin, Augusta, deceased, are required to present duly attested within the time prescribed bvi*' r ’ all persons indebted to said estate, will niaA f t», , ment to THOMAS TAYLOR, i Nov. 12, 1840. [6w6t] QuaUfiedw> j NEW GOODS. I THE subscriber has just received a u e32 ‘ desirable GOODS, such as Muslin do Laines, black and colored ground*)'' colors, A now and beautiful style of rig'd Silks Black ground Prints, with a variety of other - 1 rable Goods, all of which will be sold l o '*'-* nov 24-tiw2w WM. CLAffi^,. BEER AND CIDUK* pe BBLS superior Cicarn Ale, 25 do do Charnpaigne Cider* Just received and for sale by nov 20-trw6t W. & BUTTER, CIIE£SE» CASKS choice Goshen Cheese, I 10 kegs do do Butter, [ 30 bbls Gin, Phelps’ brand, 55 do Wliiskey, 20 do Canal Flour, 50 kegs Nails. Just received and for sale by <( ,v nov 20-trw6t \V. & 'VJ AILS.—7OO keg* Nails and Br»d?,r.o ff i ing, and for sale by , r . , ( rfV oct 12-swtf STOVALL & ' 1- ]{» SUGAR.— *25 hhds St. Croix Sugar for ; to close a consignment, by oct 12-swtf ] BHIRTINGS7— 70 bales Brown ShirtW Sheetings, for sale by oct 12-swtf STOV ALL fEGRO CLOTHS.—3O cases neavy J I seys, ior saic by T ■ u, oct 12-swll STOVALLJ 1 JQEAS, HAY, AND j I THE subscriber is prepared to . rfV j BER, of all description, in a °- x city, at short notice. AND- 11 ' YNOR SALE, below lost, the ; Dictionary, in 60 L