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