A Cotton Dealer Refuses to sell 1,000 bales of Cottons
--One of the most prominent business houses in the East offered to purchase 1,000 bales of cotton in this city a few days ago for 10 ¾ at 2 months. The Eastern house was undoubted, but the factor refused, because of the unsettled state of affairs. This looks pretty much as if all business confidence was destroyed, and may be regarded as one of the most significant ‘" signs of the times"’ yet developed. 1,000 bales of cotton is worth $50,000, which is no extraordinary sum for one purchase of cotton in this market; but too much to trust to the uncertainly of the future, during these troubled times, when universal financial ruin overshadows the North.--Norfolk Day Book.
