The Southern tribune. (Macon, Ga.) 1850-1851, January 11, 1851, Image 2

Below is the OCR text representation for this newspapers page.

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-