The Sun.
London, England, 1865-11-27 00:00:00

Movements of Cotton in America•

The United States Consul at Liverpool has
written the following letter regarding cotton in America:—
" United States Consulate, Tower-buildings, South,
Water-street, Liverpool, Nov. 21, 1865.

"Dear Sir,—Your letter asking me to favor you with
such information as I obtained while in the States as to
the quantity of cotton there, and the prospects for the
future, has been received.
" Knowing the importance of correct information upon
this subject at the present moment to the manufacturing
interest of this country, in reply I enclose you a copy of a
letter from the Secretary of the Treasury at Washington
received by me just before sailing. By it you will perceive
that the quantity in the South at the time of the capture of
Savannah by General Sherman in December last was about
one million bales, and that the new crop of the present year
will probably not exceed three hundred thousand bales.
While in America I made most anxious inquiries from all
the sources at my command, and which fully convinced
me that since the capuro of Savannah there has been de-
stroyed, used in home consumption, and exported, an ave-
rage of about 13,000 bales per week; this will leave some-
thing over seven hundred thousand bales in the States, in-
cluding the new crop.

" The weekly consumption in the States at the time I
left was about ten thousand bales. It is expected that this
home consumption during the coming winter and spring
will be greatly increased owing to the demand for cotton
goods, and the large profits realised, and will require not
less than twenty thousand bales per week; the capacity of
the mills, if run in full time and with a full complement of
hands,- being sufficient to consume oven more than the
quantity mentioned.

" In consequence of the great destitution in the South,
all the cotton is being hurried to market as fast as possible,
and hence thi3 recent large receipts at the ports.—Very re-
spectfully yours, &c., Thos. H. DUDLEY.

" Treasury Department, Oct. 27th, 1865.

"Dear Sir,—Your favor of the 24th inst. is received.
From the best information I can obtain, I estimate that
the amount of old cotton in the Southern States, that was
in a condition to be sent to market at the time of the cap-
ture of Savannah, did not exceed one million bales
(1,000,800). This year's crop will probably not exceed
three hundred thousand bales (300,000).—I am, yours very
truly, "H. 31‘CunLocH.
"Thomas H. Dudley, Esq."

The movements of cotton at New York, during the
week ending Nov 7, were as follows : Receipts, 26,076
bales ; sales and resales, 16,500 bales; exports, 9,010 bales.
Middlings closed heavily, at 56c. to 561 c. per lb.
Late Texas papers state that the accounts from the
cotton regions of Texas continue unfavorable. To say
nothing of the abatement of labor, the rains and the worm
havo.wrought such injury as renders it certain that no
more than half a crop will bo gathered from the ground
planted. Many estimate the amount at much less.
It is said that 25,000 bales of cotton will bo produced in
Illinois this year.
The New York Tribune, in an article on cotton, says:—
" The crop of 1860 was about five million bales of 400
pounds each, worth to the growers, had no civil war in-
tervened, $5O per bale, or two hundred and fifty millions
of dollars. Now the two millions on hand last May, the
ono million grown this year, and the two millions which
may be grown next year, have sold, or will sell, at the
nearest railroad station or steamboat landing for an average
of not loss than 321 cents (gold standard) per pound, or
$l3O per bale—that is, for an aggregate of 650,000,000
of dollars. In other words, the planters will receive
in the average as much for a crop of two millions of bales
as they did for one of five millions. Cotton-planting in
America is to-day the best business on earth—far better
than gold-mining in any State or territory. Good planta-
tions in abundance can now be bought for $lO (greenback)
per acre—say $lO,OOO for one of a thousand acres, whereof
half is ready for the plough."
The following is a statement of the movements of cotton
for the week ending 21st October, at the southern ports,

and 31st October, at New York ; also, the total receipts of
all ports since let September compared with the last four
years preceding the war :

RECEIPTS. EXPORTS FOR PAST WEEK.
Past Since To. Gt. To Other

Week. Sept 1. Britain. France F. P.
1865-66
1860-61 102,000 543,000 45,000...11,000...4,000
1859-60 140,000 645,000 31,000...10,000...7,000
1858-59 llO,OOO 500,000 23,000...20,000...2,000
1857-58

EXPORTS SINCE IST SEPTEMBER.
To Great To Other •
Britain. France Foreign
Ports. Total. Stock.
1865-66 136,000 7,000... 2,000...145,000...332,000
1860-61 121,000 35,000...19,000...175,000...446,000
1859-60 179,000 50,000...20,000...249,000...430,000
1858-59 103,000 54,000...12,000...169,000...308,000
1857-58