The Daily Dispatch: June 6, 1864., [Electronic resource]

The Confederate cotton loan in England.

The London Index: says that at the last named quotations there was "a very fine market." It says:

‘ The operations have been on London, Liverpool, and French account. It seems that the large houses interested in the cotton trade have at length made arrangements to take quantities of the stock as fast as they can secure it, to make its privileges available in obtaining supplies of the staple. The result is that the few parcels floating in the market have been cleared at the advance, and that it will shortly be difficult to get any quantity, save at a further enhancement. Rumors have been circulated of the prospects of fresh loan engagements. These are authoritatively extradited, and for two very good and sufficient lessons. First, that though more than one offer for a new loan has been made, the Congress has refused to listen to any kind of proposal; and second, that in consequence of judicious management and payments in cash, the expenditure is kept at the lowest possible point.

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