Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-07-22
Cotton Market.

FRIDAY, July 2l,-6PM.
The great complaint has been that far the las, seven
years have overbanked overaded and done every
thing. We have overplanted have grown more COZ
ton than the demand warranted There
material in the world than be up
next six months without any additional supply These
wholesale assertions, and require proof
For the last years continually warned public of
the overacon in the transactions Of the country We
then booted for presumption matters
that told we did understand The sequelha
proved the truth Of arguments prophecies for rea-
soned from data that foohardiness rejected
Cotton the greatitem In couriry money and
shall treat the subject henceforw in clear phosopb
cal make it understood by the ueres child
that read But We said have over
planted
In 1890, first began exported from this country
From that up 1877 culture underwent many and
changes the expectation
cotton begano attract attention Fosised by
policy OF the government the demand for consumption in
creased steadily both in this country and in England ill
passage Of the compromise and the of the
American system. The condition Of cotton manu-
features since that memorable period rather angu
ing than otherwise.
With the increased demand for consumption increased the
production OF The settlement and opening OF new
andsnhe south and southwest urged hundreds planting
while The certainty OF realizing fortune In three years
gave additional impetus to their industry and zeal On
full comparison of the best tables we have been
able procure find that production has
been average, Is per per five
years previous 1885, How stands h the consumption
On institung sin liar comparison find average about
10 per per during the period An
per easily got rid or while every branch Of in
dusry kept pace and while the monetary affairs England
and America were in pros porous condition
But different the tale for 1887 follows an import.
table, table will explain all present ruin in coz
II is from the Liverpool Albion Of Juse 9th.
Taken on speculation thsyem bales ss4os
Forwarded Into the country unsod this year $500
Increase OF import this year compared with '''~
the same date last year 1S64o
Decrease Of quantity taken for consumption lsSo
Increase Of quantity taken for export 217o
Comparative view Of the Imports Espor Of Cotton p,
and .n the whole hingaom, from the Isl Of January the
last year '@ p"-
Into the kingdom this year
West Indies, Demersra, DC. 2sSs
E Es;' '"s's' n liz:
America, Same period last year ear. ,,,,,.
We. Indies Demer.r., &c. ss
E~n, nI ~ sS6
'1s sas s. e ' Ysss as compared with s.;,s
American, ,,ssa. srsnil ,sc-Ea., indies, sns4
Same PERIOD in 1895 49,. ssss
June q 1887 bags 3ls70e
Same time, 1885 i622Do
In the destruction the currency Usor apd the over
trading Of previous the excess Of msrhet
told iearuly Prom twenty-five fell eigh oenisa pound
Had there OF production the present ru
cosld have ensued
Only think OF 1.-THE stock had Liverpool up to Juns
3D. double that in that market upto
Again the imports from all places all the principal mahe
Of Europe per than year. while ~
stocks hand exceed those OF the time 100 per cent
Can cotton advance In the face ofhese facts In Great Britain
alone find the mporatons n 1857 per thos a
1885, and the sock hand about Io7 Who en-.
hope then for permanent advance in Cotons. will he r.
membesed that the prsductio all other parts e w.r,a
for iss0 exceed that o the previous year the popovto. a.
10 " II per cent This Is another dscoursging fact
wha prospects them We have sss oos bsl.
the cosntry and crop In the ground unusually rrosi.e
All tss b. encounter unheard cecresse in Inc a.
mand, with heavy stock in Europe Our debt 10 England