28 Jun 1834
Page 1
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Newspaper
Augusta Chronicle
Location
Augusta, Georgia, United States of America
Date
Jun 28, 1834
Page
1
A notice indicates a weekly Saturday morning publication on Broad Street beneath the Giobe Hotel, describing its regular timing and location for readers and vendors.
A State Rights party dinner at Waynesboro and an oration by Jonzs Gresham are announced. A paper factory planned near Augusta is described with stock sold, supervisor Ni Cowen heading North for machinery, and site details amid regional water power claims.
The Augusta Chronicle discusses the new Penal Code of Georgia and its aim to tailor punishment to the crime and public justice. It extols the penitentiary system as the closest approach to the ideal in matching punishment to offense.
Liverpool and Havre markets show steady demand for cotton with price gains. May 16 accounts from Liverpool indicate active sales and an advance of 1d per lb, with 30,000 bales traded in five days and substantial American imports.
The Liverpool to New York cargoes arrived last Tuesday with favorable receipts and renewed confidence. Upland stocks remain tight with light arrivals, about 2000 bales traded around 103 1 2, extra prime or fancy may fetch slightly above the high quote. Rice seen steady at 23 to 26, flour from Howrah Street at 64, corn 90 to 93 cents, freight to Liverpool 4d, Havre 1fget, New York 70 cents per bale, Providence Boston rates noted.
The report details weekly cotton sales, prices for Upland and Long Cottons, and stock levels. It notes steady demand but thin weekly transactions, with prices around 12 to 13 cents for various lots and renewed expectations for higher Cane flour and rice terms as stock tightens. Also covered are sugar, coffee, molasses, bacon, and exchange rates, with a broad snapshot of market weakness and cautious optimism.
The column notes limited stock of some goods with prices near quote ranges. It lists molasses activity with arrivals and sales at various ports, and weekly clearances by city including Philadelphia Boston Baltimore Charleston Newport and others with specified barrels and hogsheads.
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