Newspaper Page Text
SOUTHERN TRIBUNE.
Wll. B. IIAKIIISOX,)
a*d V Editors.
wn. p. ii ii«risoiy, S
From Hunt's Merchants' Magazine.
THE COTTON TRADE FROM 1325 TO 1350.
Instead of our annual review of the cot
ton trade for a single year, we propose to
es'end our examinations back to a longer
period. For this purpose we have collect
ed in our statistical tables, the production,
consumption, stocks, and prices of cotton
for each year from 1840 to 1850, and for
the more important particulars of the trade*
we have gone back as far as 1525. This
period of twenty five years we have di
vided into intervals of five years, and giv
en the average for each, noting the rate of
increase or decrease for each country se
parately. By taking average results we
gat clear of the fluctuations arising from
sinrt crops and other disturbing causes
and are able to observe the general pro
gress free from those temporary variations
which prevent us judging accurately the
real changes that are taking place. In this
review wo shall see a very prominent
place assigned to our country. The Uni
ted States is now not only the largest pro
ducer, but the largest consumer of cotton ;
our productions has advanced with 6uch
rapid strides that we have distanced all
competitors; the cotton goods worn by our
people exceed now the amount used by
Great Britain and all her dependencies in
the four quarters of the globe; and the
demands of our manufactories have in
creased with much greater rapidity than
those of any country in the world.
In the table of supplies (table 1. at the
end of this article) we may observe that
while other countries have been nearly
stationary our production has advanced
with great rapidity. In twenty years our
average crop has increased from 848,000
bales to 2,351,000, or nearly three hun
dred fold. If the period of twenty five
years, from 1825 to ISSO, be divided into
five equal intervals, the increase for each
will be found to be 27, 37, 38, and 15 per
cent. In the same time, the production or
all other countries has only risen from 383,
000 to 410,000 bales, having absolutely de
clined in the last five years over 16 per
cent. In the first period of five years, the
crop of the United States constituted 68
per cent of the whole ; in the second, 74 ;
in the third, 77; in the fourth, 80; and in
the fifth, 84 per cent of the whole. As our
bags have increased very much in weight,
and are now much larger than those of
other countries, our advance has been still
greater, and our rank still higher, than
these figures indicate.
If the table of consumption (table II.) be
examined, it will appear that our progress
is none the less rapid in comparison with
othercountries. In thesame twenty years*
the deliveries to our manufactories have
advanced 325 per cent, viz : from 127,000
bales to 539,000 : while in the same time
ihe advance of Great Britain has beet: only
125 per cent, viz: from 653,000 bales to
1,472,000. In each one of these periods
our rste of progress has been more than
twice as tapid as hers; and though the ab _
solute amount of our consumption is yet
far below that consumed by the English
manufacturers, yet in the last five years,
our increase has been 176,000 bales,
while theirs has been only 180,000. At
present our consumption is 37 per cent of
the English, while twenty years ago it
was only 19 per cent.
France, during all this period, has re.
mained nearly stationary. Twenty years
ago her consumption was 257,000 —now it
is only 363,000. In the last five years she
has gone backwards, the decline having
amounted to 58,000. Ftom 1825 to 1830
the deliveries to her manufactories were
double those of the United States, now
thev sre 33 per cent less than ours. Her
r in!:, compared with Great Britain, and
with nearly every other country in Europe,
has also declined.
In Spain, Belgium, Holland, Get many
and Russia, the increase has been neatly
as rapid as in the United States. In the
last five years their advance (table 111 )
has been 46 per cent., ours 49 per cent.
Their rank in the cottton consum
ing countries is yet low, but their ia.pid
progress will soon bring them to a more
important position. At present their con
sumption is 34 per cent of that of Great
Britain, and the time is not far distant
when, taking together, will equal her.
Twenty years ago, the comparative rank
ofthaUnited States,Great Britain,France,
and the rest of the continent, was in pro.
portion to the numbers 11, 55, 22, and 12;
in the last five years the per cervtage of
each has been 19, 51,13, and 17. Jf France
he left out of the comparison, the rank of
each twenty years ago, was as 13, 70, and
’7 ; now it is an 21, 59 and 20.
Although Great Britain requires for her
manufactories more than half of all the
cotton worked up in Europe and America i
the amount actually used by her people,
including all that is exported to India,
British America, Australia, and all the col
loidal dependencies of Great Britain, is
less than the amount used in the United
States. This has been shown to be true
for the last four yean, and the present
year, although it exhibits an apparent de
cline in our home consumption, forms no
exception to this result. The enlarged
imports of cotton goods imported into our
sea ports, compensate in pait for the falling
off of the wants of our factories.
If we compare the progress in the de
mand and supply, it will be seen that du
ring the last five years the consumption
has increased much faster than the proJuc
lion—the one having advanced nineteen
per cent, and the other only nine. This
might be inferred, but it will be more sat
isfactory to consider the average produc
tion and consumption of the last ten years-
The average amount taken by the manu
facturers from 1840 1545 was 2,414,000
bales, and from 1845 to 1850, 2,569,000
bales, showing an increase of 455,000
bales; while the supply advanced from
2,561,000 bales; to 2,791,000, with an in
crease of only 230,000 bales. When it is
remembered that the last period embraces
the year 1847, when from the revolutions
in Europe, the consumption declined over
600,000 hales, and the years 1545 and 1849
when the American crop so far exceeded
its usual average, this result will be more
striking and important. The table of
stocks (table IV.) confirms and establishes
this same result. At theend of 1844 the
cotton on band in Europe was 1,101,000
bales ; at the end of 1849 it was only 646,-
000 bales.
It may be further observed that the in
crease in the supply during the last five
years has bean slower than the natural
increase of laborers. The advance in
the one has been only 9 per cent, and in
the other 12 or 13. As many new hands
have been brought to the Southern States
during this period the rate, of increase in
the working force of the cotton growing
States has been still greater than 12 or 13
per cent. This excess has occurred at
no former period. From 1525 to 1850
the increments for each of five years have
been IS, 32, 33, and 9 per cent—always
above the increments of population, ex
cept in the interval. It follows from this
that labor and capital have found other
modes of employment more attractive
and profitable than the raising of cotton.
It is well known that this has been to some
extent true in the United States, but it has
been more evident and striking in India
an-1 Brazil. In these countries the crop
has declined 16 per cent in the last five
years. From Brazil it has declined re
gularly for the last twenty years, and the
recent advance in coffee will tend to divert
still more labor from the production. The
abolition <>f thediscriminating duty in favor
of East India cotton by Sir Robert Peel,
and the very low prees which have rcent
ly prevailed, have not only stopped any in-
cease in the imports of Surat and Madras,
but turned the current in the opposite di
rection. The advance in the fifteen years
before 1845 was 10, 80, and GO per cent
in each interval of five years, but from 1545
to 1850 the decline has been 24 per cent.
It may fairly be deduced from this that
the prices of the last five years have not af
forded sufficient encouragement to produc
tion, and that the planteis may now look
fora permanent improvement in prices.—
The table of prices (table V.) shows that
for the the last five years the average pi ice
at the sea ports of the United States has
been seven cents and three mills, and it
may be expected with confidence that they
will not rule so low hereafter—that the
average rales will not merely experience
a tempary rise, as if caused by the short
crop and the small stocks of the present
year, but a permanent and continued ad-
vance.
The table of stocks (tablo IV.) represets
the amounts on hand in the sea-ports of
Europe continually increasing from 1840
to 1845 while during the four years ending
in 1549, they have been nearly stationary.
Comparing them with the wants of the
manufacturers, as is done in the column
which contians the number of weeks that
the stocks would supply the consumption
of the factories, the supply was a trifle
lower at the close of 1849, after the receipt
of the largest crop ever brought to market,
than it had been during the last ten years.
The number of bales was a little greater
than at the dose of 1848,but the time this
stock would supply the wants of the man
ufacturers wasa little less.
After this review of the history of the
trade in cotton for the last ten years, if we
remember that the production of 1850 has
been much below the average of the last
five years, and that the prospects of the
next year’s crop are but a little better, it
is evident that the preseit advance in cot
ton is founded on no speculative basis, but
on unchangeable laws of supply and de
rnand. Two short crops are succeeding
each other, while the stocks on hand are
very much reduced. Tv this it may bead
ded that everything is favorable to a large
consumption. Peace everywhere pre
vails except in the unimportant Duchies of
Schleswig-Holstein. Money is abundant
avid the cimrency everywhere undisuibcd,
Fnod is very cheap. The present harvest
of Europe as well as the last, is much above
an average. Thus, while stocks are low,
and the supply small, the demand is large.
Prices, therefore, must maintain a high
level, unless commotions in France or
some unforeseen event of commanding
importance interfere with the regular
operations of commerce.
In considering the supply and demand of
the coming year, we must, therefore, base
all out estimates on htgh srices. The re
ceipts from India and Brazil, and the con
sumption in Europe and America, will all
be affected by this fact. If the advance
were slight, it would not experience any
sensible check, but when the pricehas risen
to its present rate, (13£ cents fur mid
ding fair Savannah, October 23d, 1550,) an
advance of 85 per cent over the average of
the lasl fivo years, the amount purchased,
even in our country, may be expected to
decline.
The supply for 1851 will probably ex
ceed that of 1850, not only from the Uni
ted States, but from India and Brazil.—
The past season here has been unfavora
ble for the growth of cotton, but i»° disas
ters, especially in the west, have not been
as severe as in the preceding year. In
South Carolina and Georgia there will be
a decided decline. The late cold spring,
and the long drought in June and July, j
left the plant small and the bolls few and
scattering. The severe storm on the 24th
of August blevv out on the ground much
open cotton, and prostrated and twisted
the stalks so much that there has been no
late crop of forms to mature in October.—
September was a beautiful season for ga
tlieiing, and so was much of October.—
There are some plantations where the crop
is very fine. The hot summer favored a
rapid growth, and repaired in part the in
jury done by a late spring. The general
drought was, at some places relieved by
local showers, which brought out some su
perior crops. The amount of land planted
was greater than ever. The receipts at
Charleston and Savannah will also be in
creased by the extension of the Georgia
Railroad to the Tennessee River. Were
it not for this last cause a falling off of 100,-
000 bales might be anticipated. With
this the deficiency will not probably ex
ceed 70,000 or 80,000, and the receipts of
these two ports may be expected to reach
650,000 hales. From Alabama the re
ports have not been sc disastrous. The
spring was late and the stand poor, but
the dry summer prevented the ravages of
the worm which bad done so much dam
age the preceding year. The river floods
had also done harm last season, and these
they have escaped. The prairie lands
have not suffered so much with rust as be
fore. On the Tnmbigbee and also on the
Black Warrior, the prospects of the plan
ters are very much above those of the last
year. On the Alabama, the promise is
about the same as last year. Still the dis
asters have been severe, and the crop will
be below an average. An increase of
90,000 or 100,000 bales in the receipts at
Mobile, including the Montgomery ship
ments to New Orleans may with confi
deuce be anticipated. From Florida a
slight increase may be looked for. The
amount of land plan ed has been conside
rably enlarged, and the drought has not
been as general as in the eastern part of
the cotton region. At New Orleans and
in Texas a gain may be looked for. The
failure last yeai was so great that it is al
most impossible to expect a like deficien
cy again. From Louisiana, Arkansas ano
the greater part cf Mississippi, the reports
have been better than last year. The ear
ly frost of October 6th injured not a little
of the cotton as far north as Memphis, but
in general even in Tennessee the plant
remained green and flourishing, till the
general frost at the close of the month.—
The production of Tennessee and Nortl
Alabama will fall below that of last year
and a portion of this will not reach New
Orleans The crop was everywhere back
ward, but the hot, dry summer helped tr
repair the damage, and by keeping off the
caterpillar and boll worm permitted the
forms to mature. The severe storms that
did so much harm in Flotilla and the At
lantic States did not extend so far to the
west. The season for gathering has been
very fine, and the time of frost late enough
to mature nearly every boll that could
make cotton. The average receipts at
New Orleans for four years past have
been 943,000 bales, and this peiiod in-
cludes two short and two full crops. For
the present year I would estimate them at
850 000 bales. Combining these esti
mates, the.whole supply from the United
States will amount to 2,200,000 bales, (see
table VI,) vvhicli is about 100,000 in ad
vance of the last crop, but considerably
below the average of the last five years.
The receipts from Tndia have increased
very much during the present year under
the stimulus of high prices, and they are
destined to advance still more for the com
ing season. The purchases now making
in Bombay for the English market are re
ported to be large, and when the new
crop begins to arrive at the seaports, the
current will turn still more strongly to-
wards England. Not only is their pro
duction enlarged by high prices in Eu
rope, but a larger portion of the crop is
diverted from China, and from domestic
use for the western market. The average
imports into Great Britain for the last three
years have been 211,000 bales, but for the
first nine months of this year they have
reached 128,000 bales for Liverpool alone,
and for the whole year, for all the ports,
they will probably reach 300,000 bales.—
For 1851 not less than 325,000 bales may
be anticipated. This is higher, much
higher than any former year. The year
1841 was the largest before 1850 and then
the amount was 275,000 bales. The high
j prices that are now prevailing, and that
! are likely to prevail for the present sea
son, authorize us to expect an increase
even over the present year. (Table VII.)
From Brazil, Egypt, and oiher places
an advance over the usual average may be
also looked for. The average imports in
to England from 1545t0 1549 were 175,-
i 000 bales, but for the present year the
! amount will exceed 260,000 bales, and for
: ISSI will be still larger. (Table VIII.)
j If we estimate them at 275,000, the whole
; supply from all these sources (table IX.)
' will reach 2,500,000 bales.
In reference to the consumption we
may remark that the purchases for our
home manufactories have declined during
the present year over 30,000 bales. The
high price of the raw material, the low du
ties on foreign goods, and the immense
j imports of cotton fabrics from England,
! have caused this retrogade movement. In
| 1849 there was a fallowing oft’ of 14,000
hales, so that our consumption is now 44,-
' 000 bales below that of 184S. Doubtless
the stocks in the hands of the manufactu
rers are very small, and a slight advance
in goods would set all the mills at work
again. The universal prosperity of the
, country forbids us to expect the extension,
ior even the continuance of this depression.
For 1851 I would estimate the demand at
j 500,000 bales, which is 11,000 above the
consumption of 4the present year, (table
X.) and 13,000 below the average of the
last three.
In Great Britain the falling off in the
purchases of the manufac'urers have been
very slight, (table XI.) ami as the repor'ed
purchases last year were SO,OOO or 90,000
bales above the actual deliveries to the
manufacturers, the real deficiency is less
than the apparent. For the present year
the consumption in Great Britain will not
he below 1,500,000 ba'es against 1,588,000
in 1849, and 1,491,000 in 1848. Every
thing has been favorable to a large con
sumption except the price of the raw ma
terial. Money has been abundant—food
of all kinds cheap—and labor well re
warded. These elements of prosperity
have not been confined to Great Britain,
and therefore, her exports of cotton goods
have been unprecedentedly large. The
home and foreign demand being both good,
the factories have run full time iu spite of
the high price of This never oc
curred before, and cannot be expected a
gain with any considerable confidence.—
At ever former period an advance in the
raw material has checked the demands of
the factories, and lessened the purchases
of the consumers. For the coming year
everything is fully as favorable as ihe last;
and if these favorable tendencies have
counteracted the tendency of high prices
in the raw material, it will be proper to
expect the same for 1851 as for 1850.
We may, therefore, set down 1,500,000
hales as the probable English consump
tion for the next year.
In Franee ther e has been a decided de
cline (table Xll.) in the deliveries to the
manufacturers. Our exports have fallen
from 368,000 bales to 290,000, and the
stocks on hand on the Ist of October were
almost, exactly the same as last year. The
purchases at Havre for the first nine
m inths of the present year have been 249,-
000 bales against 290,000 in 1849. From
these figures we cannot estimate the con
sumption of American Cotton for the pre
sent year higher than 300,000 bales,
against 351.000 for 1849. No advance
on this can be expected for the next year,
nor is there any reason to anticipate any
appreciable decline.
For the rest of Europe, we have the ex
ports from the United Slates for the pre
sent year 194,000 hales and the exports
from Liverpool up lo October 11th, 193,-
000 bales. The whole English exports of
1549 were 254,000 bales, and as their
amount on October 12th was 21,000 more
this year than last, the whole exports for
the year from all the ports will probably
reach 175,000 bales, making the total sup
ply from these two countries of 469,000
bales. As the stocks on hand on the con
tinent last year were veiy low, it is impos
sible to reduce them much lower. They
are now, however, at several ports, low
er tl\an last year, so that the consumption
will probably exceed 469,000 bales. As
this is a decline of over 100,000 bales from
1849, it is not to be expected that so low a
limit can be reached fur the year 1851.
Heretofore their progress has been for
ward and rapid, and were it not for high
prices this would continue. If we esti
mate their wants for 1851 at 500,000 hales,
vve have the total consumption (table XIII.)
at 2.500.000 bales—the same as the sup
ply. As the stocks are now much lower
than last year (table XIV.) and as they
were then very low, they will hear no far
her reduction without a material advance
:n prices. On the contrary, any decline in
price would immediately permit the con
lumption to expand, not only in France
and the rest of the continent, hut even in
England. We may expect therefore, that
the present high range of prices will be
maintained.
The review that hss been taken of the
supply and the demand shows that the pre
sent advance in cotton is the result of no
speculative movement, but that it is based
on the immutable laws of trade. The long
prevalence of low prices has stimulated
consumption and diminished production,
until the stocks on hand have fallen
to an extremely low limit. Exactly at
this point an unfavorable season lias lessen
ed the crop, and an abundant harvest and
every other element of general prosperity,
has encouraged the demand. We con
gratulate the planters on the handsome
returns they are receiving for their crops,
and we-may extend our congratulations
to the whole country, for xvhat benefits
them is a benefit to all
Tablb I — Supply of Cotton in Thousand Bales.
Total alt kinds.
Total besides
United States.
Brazil, 4tc. im’ts
into oilier pl’ces
Brazil, &c., im
port* into G.B.
East India im
ports into G.B.
Total U. States
crop
U. S.consumed
in the South.
0. S. crop bro’t
to sea ports..
Year*
1840i2178tj 50 2228 216 J 14641 111 474c,2701
1841 16351 55 1690 275)1 166||! 128 569 c 2259
1842 1684 * 55 1739 255* 1241 166 545 c 2284
1843 23791 60 2439 182} 165; 176 523 c 2962
1844:20301 60)2090 134} 197} 80 511 c 2601
1845 2395* 65 2460 155} 201} 105 461 c 2921
1846 2101* 70 2171 95b 155|| 69 319 c 2490
1847 17791 80 1859 224« 135|| 122 481 c 2340
1848 23481 90 2438 828} 137} 36 401 c 2839
1849 27291 100 2a29 182} 245} 111 538 c 3367
’25 30 838 t 101848 73};21?} 99 383 1231
’3O 35 10551 20)1075 81} 186} 108 375 1450
"15’40 1440* 35 1475 144}'196} 104 444 1919
’4O 45 19811 56 2037 232|| 16»|| 132 524 c 2561
’45'50 2270 * 81)2351 177|| 175|) 88 440 c 12791
*2oys 171 177 142 17 15 117
15) s 115 119 118 8 17 92
lOys 58 59 23 11 1- 45
sys 15 | 15 24 j 9-' 'l6 { 9
Table It.— Consumption of U. States, Great
Britain , France, and of Euroj/e and America—
in Thousand Bales.
Total for Eu
rope and A o’a
Total for these
three
Total for France
U.States cotton
in France....
Total for Great
Britain
Total for the
United States.
U. States North
of Richmond.
Years
18401295* I 345i 12711)1374 14401| 1205612370
1841 2971 352| 115811)368 |422|| 1932 >252
1842:268* 323) 12071| 364|||442|| 197 v 2310
18431325* 385 1385j| 3511 |4o9|| 817' 2573
1841 3471 407 1438|| 335| 392)| 2237 264
1845 3891 454 1574|j 351 j : 419|| 2417 2918
1846‘423t 493 1574 36<>jj 403||,247c 296*
1847 428 f 508 11311| 252 293 c 1932 2296
1848 532* 622*1491 j| 276 303c;2416 2901
1849 5181 6l8';1588j| 351 399 c 2605 1261
Av’2s’3o 117* 1271 653} 257 1037 1187
“ \30’35 1751 1951 876} 269 1340 1540
“ ’35’40 2401 275 1069} 349 1693 1943
“’4O 45 3071 363 1292|| 421 2076 2414
’45’50 4581 539 1472|| 3G3 2374 2869
In d.c.2ov 290 325 125 41 120 143
“ Isy 161 176 68 35 77 86
“ 10) 91 96 38 4 40 48
» 5y 50 49 14 14- 14 19
Tati.* 11l Consumption of Europe and Ameri.
ca, omitting England, France and the United
States —in Thousand Bales
Consumption.. .
Stock, Dec. 31.
Stock, Jan. 1....
Direct imports
from Egypt ...
Exports from
Great Britain-
Export from the
United States.
Y ears
1840 182 m I23|| 49 72 112 314
1341 106 m 116 j| 74 112 88 320
1342 132 m 138|j 88 88 108 338
1343 194 m 119|) 118 108 145394
1344 1440> 1411| 23 145 126237
1345 2c.srn 12211 37 126 99 471
1346 205 m 1941! 26 99 26 498
1847 169 m 215|j 81 26 87 404
1848 2551 192|j 9; 87 58 485
1849 3221 2541| 63 )58 38 659
Average from 1840 to 1845, ; .- 338
“ 1845 to 1850, : : 495
Increase percent in 5 years, : r 46
Table IV —Stocks Dec’er’dl--in thi usand bales.
. Z O -.*= ?
< a “nr » 3 « i j r «
<0 03 —lt < 3 » *- 3 0 lO
•5 " ■r 33
Year g » ra * ; ; :T : 3 “
r I Isi |
; ? ?5 • : ;e; Bi 3
1840 366 z 464 zlB 80d f)7<| n*> (57:; n
I *4l 430 z 538 z 24 90d |3sd 7gj 21
1842 457 z 561 z 24 lo9|| I3dd 108 807 21
1843 654 z 78Gz 29 lOljj ]2sd 145 1056 25
1844 745|| 8971| 32 53|| 78d 126 1101 26
1845 885 z 1 0571| 35 521| 6">|| 99 1221 26
1846 439 z. 547|| 18 25|| 47|| 26 620 1 3
1847 364 z 451 jj 16 43|| 531 87 591 17
1848 393} 498|| 17 80|| 31 i 5c 587 13
1849 468} 55!)|| 18 38|j 49|j 3c 646 13
Table V— Amount, Value and Prices of Ameri
ran Cotton.
Liverpool price
Upl’ds in pence|
V .-i lue U. States|
Whole erop oil
United States.]
Price of Exports
Value in mill-)
ign dollars |
Exports in mill-1
ion pounds
Year*.
-1840 ' 744 e 64el 8.6 891 77 6 f
1841 530 e 54cj10 2 684 7(1 6ff
1842 577 e 48el 8.11 704 58
1843 Bl7e 49ej 6.0 988 59 4|f
1844 664 e 54e 8 1 857 69 4{f
1845 873 e 52e 6 0 109 61 4g f
1846 54He 43e 79! 90171 4}t
1847 1 527 e 53.-! 10 1 771 78 6|}
1849 Bl4e 62e 7 6 1011 77 44*
1849 1027 e 6Ge 6.5 1174 76 5J{
Av. fin 1825 to’3o 21! e 280 12.8 288 37 7-f*
“ ’3O-'35 312 e 34.; 10.9 387 42
“ '35-’4O 446 e 64.-14.4 560 81 8-jf
“ ’4O- 45 666 e 54« 8.1 825 67 5Jf
“ ’45-’. r >o 7~40 55« 7 3 972 71' 5Jf
Tabi.e Vl —Lmted Slates Crop.
t Receipts ~ Estimate.
1848 1849 1850 1851
Texas, bales, 40,000 39,000 31,000 50,000
N Orleans,l,l9l,ooo 1,094,000 782,000 *50,000
Mobile, 436,000 519,000 351,000 440,000
Florida, 154,000 200,000 181,000 190,000
Georgia, 255,000 391,000 344,000 300,000
S Carolina, 262,000 458,000 384,000 350,000
Other places, 10,000 28,000 24,000 20,000
Totak_ 2,348,000 2,729,000 2,097,000 2,200,000
Tabi.e VII —-English Imports from East Indies.
ports Remarks.
1835 to 1840, av. b. 144,00n ffi e i,
1840 1845, 232,000 Chinese war.
1845 1850, 177,000 Peace &, low pr'es
1848, Oct 6, Livpl, 93,00:0 Moderate prices
1849, Oct 5, “ 69,000 Low prices
1850, Oct 4, “ 128,000 High prices
1848, whole year, 228,000 Moderate prices
1*49, 11 182,000 Low prices
1850, esti. whole y,r,300,000 High prices
1851, “ “ 325,000 High prices.
Tabi.e Vlll— English Imports from, brazil,
Egypt, 4*e.
About 1 st Whole year
October Great
Years Liverpool Britain.
1846, bales 121.000 155,000
1847, 75,000 135,000
1848, 94,000 137,000
1849, 178,000 245,000
1850, 203,000 260,000
1851, 275,000
Tabi-x IX—Supply of Cotton
1*49 1850 1851
Crop U. S. b. 2,729,000 2,097,000 2,200,000
Eng. im.G.ln. 182,000 300,000 325,000
“ “ other pi’s, 245,000 270,000 275,000
To'l fm th.5’c5,3,156,000 2,667,000 2,800,000
Table X— Lnited Stutes Consumption.
Am’t Ar, for Inc.p. c. Inc.p.c.
Yr». cons’d. 3 yrs. per ann. for 3 yra.
1846, 423.000 386,000 9.0 23
1847, 428,1)00 413,000 7.0 32
1848, 532,000 461,000 11.5 30
1849, 518,000 493,000 7.0 28
1850, 488,000 515,000 4.0 24
Table Xl—Deliveries to Trade at Liverpool 7
Consumption Consumption
1849 ea. week. 1850 ea. week
March 8, bales 324,000 36,000 227,000 25,222
April 12, 433,000 30,929 338,000 24,143
May 10, 562,000 31,222 501,000 27,833
June 21, 748,000 31,167 672,000 28,000
July 6, 835,000 30,926 742,000 28,222
August 9, 1,037,000 32,206 907,000 28,943
September 6, 1,141,000 31,694 981,000 28.029
October 4, 1,220,000 30,500 1,086,000 27,150
October 11, 1,287,000 31,390 1,116,000 27,219
Table Xll — Deliveries to the '/rude at Havre.
Consumption Consumption
1849 ea. month. 1850 ea. month.
May 1, bales, 120,141 30,035 104,728 26,182
July 1, 193,971 32,328 167,653 27,942
August 1, 243,040 34,720 200,650 28,664
September 1, 279,541 37,442 232,190 29,<>24
October 1, 290,585 36,328 249,707 27,523
Table Xlll — Consumption,
1849 1850 1851.
G< Brit, all k’ds, b. 1,588,000 1,500,n00 1,500,000
Fr. of Am’n cot’n, 351,000 300,000 300,000
The rest of conlin’t, 596,00n 470,000 5n0,00u
Total, 2,535,000 2,270,000 2,300,00a
Table XlV — Stocks at Recent Dates.
1849 1850.
Liverpool, Oct 12, bale* 582,000 482,000
Havre, October 9, 46,000 46,00a
U. State*, September 1, 165.000 168,000
Hamburg, October 1, 5,000 2,000
Total .............788,000 698,000
•Average from 1825 to 1830, Szc, and from 20-
to 5 year*.
tNew York Shipping and Commercial List.
}Circular of George Holt &. Company.
|| Average of several authoritie*.
bCircular of Daniel Buchanan & Company.
cCircular ofColliman and Stollerfoht.
dCircular of Messrs Todd, Jackson &, Cos.
eßeport of the Secretary of the Treasury,
niliunls’ Merchants' Magazine.
zßorns’ Commercial Glance.
-Minos,alter any number,signifies decrease.
MACON, G A *
SATURDAY MORNING, JANUARY 11.
I7lVe publish this mornings very interest,
ing article on cotton from the pen of Professor
C. F. Mackav, ol Franklin College, Ga.
Fatal Affray —We regret to state that, in
an unfortunate difficulty which occured in this
city on Sunday evening last, between Willis
H. Hughes and Thomas Knight, Jr., the for.
mer was wounded in the body with a pistol ball,
ol which he died in a short time. Knight was
arrested and confined in jail, and brought before
Justices Shivers, Burch and Granniss, on
Thursday, and committed to jail to await hi*
trial at the next Superior Court of Bibb county,
which will commence in this city on the 20th
instant.
MUNICIPAL ELECTION.
The Annual Election for Mayor and Eight
Aldermen, for the City of Macon, took place on
Saturday last, and resulted as follow* ;
May 01 ,
*J. H. R. WASHINGTON, 298
Dr. E. L. STROHECKER, 229
Aldermen,
*Z. T. CONNER, 368
*C. P. LEVY, 363
*J. L. JONES, 361
•C. B. COLE, 339
*C. A. ELLS, 327
*L. N. WHITTLE, 320
•T. G. HOLT, 306
*S. F. GOVE, 268
R. A. L. ATKINSON, 250
W. C. WILSON. 191
M. S. THOMSON, 190
A. B. ADAMS, 188
T. H, PLANT, 171
Principal Marshal,
♦JOHN B. GUMMING, 287
WILLIS H HUGHES, 202
LAWRENCE CHERRY, 33
Deputy Marshals,
*W. D. WOOD, 2SB
*H. W. SHAW, 216
G. J. LUNSFORD, 205
H. E. RICHARDSON, 89
J. W. ADERHOLD, 61
J. B. NELSON, 47
JESSE MORRIS. 45
H. J. COOPER, 11
Clerk and Treasurer,
♦A. R. FREEMAN, (no opposition.)
♦Elected.
The Mayor and new Board of Alder
u»... —.-.uiod in the Council Chamber
on Wednesday evening last, were quali
fied, anil elected the following officers :
Chairman of Council. —T. G. Holt.
Bridge Keeper —James H. Hardaway.
Sexton —B. Tissereau.
Clerk of the Market —Stephen Menard.
Keeper Magazine —W. L. Babcock.
STANDING COMMITTEES !
On Finance —Holt, Jones, Whittle.
On Streets if Alleys —Ells, Levy, Gove*
On Public Property —Conner,Cole,H<>k
Fire Department— Whittle,tlls.Conner
On Pumps—' Levy, Gove, E'ls.
Market—Gove, Jones, Whittle
Rose HUl— Jones. Cole.
trrR.cHARD A. Cain wa* on M>nday
last. Tax Collector, and **«""*'*
Receiver of Tax Retur-* { " *
he present year-