The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-08-10


Tc,,l pounds $50 2ot 100 saa,,rol7 1872 s7 los
Value S5i ,33o3il S,93f6i 9eo6
The vaue Of this material has besn steadily de-
clinng since ls40 The exports in 1912 were "a 97
pounds than in is4l while the value was declared
to be Sc 7s SIT less In s4s the exports 9o7
pounds more than in 1917, notwithstanding which the
actual value Of this great increase in quantity only
$i5a6 sa2 The increased exports in ls43, over and
ahcvsthe tws previous years. forced in consequence
OF the immense crops. The supply being much
greater than the demand for consumption reduced the
value of the whole CROP and the aggregate value Of
exports cr the not materially increased by the
additional quantity Of produce &C. forwarded will be
observed reference the above table that the greatest
increase was to the Hanse Tewns Belgium and China
The quantity shipped to Great Britain wasvery large
compared with that sent the previous year. without
corresponding in value. So far increasing the
value Of our exports concerned the quantity has very
little influence. Any additional amount Of any great
staple oths country abroad reduces the price
teray that reap very little benefit from the increased
movement. This assertion will hold good particularly
in reference to cotton CROP Our exports Of this
staple in ls4l O93 COG pounds less than in s43,
and the value 1885 more. The shipment Of a
large quantity Of any Of staples than the actual
consuming demand requires adds but very little to the
aggregate value of exports The growth OF cotton
s annual exceeding the wants for consumption and
more. The crop Of last year. although reduced many
hundred thousand bales by reshe &c with the surplus
previous CROP leaves stock hand in the Liver
pool market alone Of nearly million bales The grow.
ing CROP this moment bids fair to be larger than any
previous one The yield is estimated at from two
million Ave hundred thousand to three million bales
should the quantity produced reach the lowest es
mate the value must be reduced very much a. the de
mand for consumption must fall far below the supply.
The data on which the above estimates founded Ia
;~ he v,1ftbi
staple annually Is at $50 900 baesthe crop Of
Isa and "a amounted s7s 0yO bales the pro-
ducing large crop, must Of have been very
favorable and free from freshet nevertheless the land
cultivated that year in order, and undoubtedly
used the following year, with the average quantity Of
new land annually fitted for cotton. The crop for ls42
and AZ should have yielded with the advantages
regards season. Sc three hundred and fifty thousand
bales than that Of ls4l and Is4a, this being
have heretofore stated the average annual increase
sequen ly The crop should have been 2,7asOoo bales
Fresh-s early frost and fall rains &C. destroyed then Mt
hundred thousand bales leaving crop Of mer
charitable cotton amounting to little than two million
bales. The crop of ls4s and many bales Of which
have already reached marketmust calculating the regu
lar increase reach three million baes-makipg allowance
for the foods &c. that have doubtless destroyed the
yield many plantations by throwing oft three hundred
thousand bales, and we tfnd lett crop cf.two million
seven hundred thousand bales Of marketable cotton.
Land that hes heretofore been appropriated to hscusa
ton Of cotton cultivated for the crop this year.
We informed that every Of cleared land that
could be put into cotton has been used and many
not thoroughly cleared have been cultivated for this
staple 1t is true that there plantations now devoted
to raising sugar. that have heretofore been appropriated
to cotton but the land brought under cotton cuva
ton, and above the average annual quantity, will
than Offset this drawback The thus far has
been unusually favorabe-there was one more
From every section Of the country receive the most
Hattering accounts Of the crops generally. We see
nothing likely to prevent the picking an immense
crop Of cotton and should the estimates made be realized
II will be impossible to tell how great reduction will
take place in prices The planters will be compelled to
adopt the Of the Dutch in former times destroy
part Of their crop enhance the value Of heemainder
GDlA 9fn~ux ch anne.