The Cotton Crop.
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Extract oi letter from gentleman Of this city at the


South: SELMA, Ala August lcth lSi3


wrote you from Holly Springs, Miss, 10th
June, that the prospect for the growing crop OF
Cotton was poor, and that the article at the then
low prices must be safe to hold. The cold and
backward spring, together with the continued
rains through June, led 10 the belief that the crop
would be qui,c short, say helow 100000 bales.
rhe fine weather of the last four or five weeks
has, however, wrought great change, and
should We escape an carly frost IN this State and
Mississippi, there Will be full crop. Under these
circumstances it is perhaps as well to sell when
ever prices can be obtained that cover. The
stock in Liverpool, Havre, Sc, on the first OF
the present month"; propably did not vary much
from 200 900. In our Atlantic cities at same
period, say 100000 bales, to which add the COM
ing crop, 100000 bales, which is now the low
est estimate of intelligent men here and you
have 100000 bales two years consumption
Tor Europe and America.