The Sun.
London, England, 1826-01-12 00:00:00

THE CO'!'TON TRADE.

We have now before us the Statement of tliv
Import of Cotton into Liverpool, London, and
C lasgow, during the past year, as well as the
Stock estimated to remain in the ports on the
31st of December last.
We shall first state what has been the total import of cotton
into the ports during the year 1025, contrasting it with the int.
port In 1824.

1825. 1824. Incr. in 1820.
import into Liverpool 708,319 447,980 250,359
London 83,320 64,297 19,1123
Glasgow 31,6J7 28,719 2,908

821,266 . 540,976 2119„290.
From this comparative statement it will be seen that the Im.
bort In the bust exceeds that in the preceding year by 280,290
ags. Of, this increase, 258,339 bans have been imparted
into Liverpool, and only 21,931 into the ports of London and
Glasgow.

. .
The largest previous import of cotton into the kingdom was
In the year 1023, when it amounted to 6118,f84 bags, less by
152,5132 than the import of the la.t year. But though the
import of 11125 was greater than that of any previous year since
the commencement of the cotton trade, the fact cannot surprise
any man who has devoted the least attention to the commercial
transactions of the past year ; much less can it surptise mer-
cantile men who took so prominent and so active a part in
these transactions. The wonder, as we observed nearly two
months ago, would have been if the import had been small,
and not that it has been unprecedentedly large. When, indeed,
we review the extraordinary speculative operations of the pre-
' ceding year, wa are surprised that the import of cotton into the
kingdom has' not been nearer 900,000 bags.
But it may not be uninteresting, if we should contrast the
descriptions of cotton in which the greatest increase in the im-
port has taken place. In American kinds the increase has been
not less, compared with the import of 1824, than 142,647 bags
—an increase more than one-half of the total import from the
United Statei in that year. But the import of cotton frOm
America, during the past year, great as it was, did not equal
the import from the country in'the year. 11123; as the following
statement will chew

Bap.
Total import of American in 1823 . 449,255
Ditto ditto • • 1824 . 425,195

Excess in 1023 . . . . 24,060
We may fairly presume, therefore, that no inconsiderable
portion of the cotton imported in 1825 was from the- stocks
which • had accumulated in the American ports during the
preceding year. The next great increase of import is in
liraztl cotton, the excess over the hihport in 1824 being 55,475
bags. The import from Egypt was in 1824, the first year
of its coming into the English market, 33,227 bags; in • 1825,
it increased to 103,069, being an excess over the import in 1824
of not less than 69,842 bags; an excess more than twice the
quantity imported during the previous year. The imports
from Demerara-and Berbice show an increase of 5,465 bags;
and from the East Indies of 9,310. The only places from
which there has been a falling • off in the supplies are those
which the brokers class thus :-.West Indies, Spain, .Smyrna,
and Europe. •
Great as has been the import of cotton into Great Britain
during the previous year, there is reason to suppose, however,
that the other consuming countries of Europe did not, in con-
sequence of the high prices in this country, receive their usual
supplies. The stocks of cotton in the hands in the continental
'dealers and manufacturers must, therefore, be deficient, com-
pared with the stocks 'held by them at the 'close of the previous
year. If prices should, in consequence of the diminished stocks
on the continent, run /higher there than in England, may we
not reasonably expect that most of the first shipments of cotton
. from-the American ports will be made to the former ?'
We come how to the stock remaining in the ports on the
31st of December last. 1 t was as follows :-
1825. 1821. Incr. in 1825.
• - •Stock in' Liverpool 311,000 121,000 190,000
London 97,910 108,000
Glasgow - 7,040 5,550 1,490

416,850 235,3.50 191,490
COTTON.--Thus the stock at the close of last year exceeded
that of 1024 by 1110,000 bags. Of this stock 1011,440 are Bra-
zil, whilst in 1824 there were 48,190 only, showing an increase')
of 62,259 ; Rini -82,710 are Egyptian, against 15,910 in'lB24,
being an increase of 66,000 in tills description alone! But, in
comparin,,,, the total stock in the ports at the two periods, we
must recollect that the Stocks held by the 'dealers and onion-
faeturers are much less, than ,in previous years; and this fact
will show that a deduction equal to the probable quantity held
ought to be made from the stocks in the ports. We have no
means of ascertaining the stock in the manufacturing districts,
and all estimates of its amount must necessarily be segue.
The quantity of cotton taken out-of the ports for home con.
gumption, during the past year, amounted to 504,576 bags.—
Tint shows
,a weekly consumption of 10,050 only ; whilst the
consumption in 1824 was estimated at 12,223 bags per week.
But, in calculating the probable amount of consumption during
the year, we must take intoaccount the largee-stock held by the
trade at its commencenient. • If this be included, we have no
doubt that the consumption of 1825 equalled, if it did not ex.
ceed the consumption during the present yoar.—( Liverpool