The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-05-11

son, which Is attributed 10 the noo'' w
fall of last year preventing the COMPRISING OF the
fibre by mule power. The season continued SO
warm and so free from storms of any KIND, 10
inure the plant, or retard the picking, which was
done up very close, that many English houses al
the South, and here, in November, estimated the
crop at not less than 1900 900 bales, pointing att
crop of e. 800, 900 bales. We think that IN any
event, these statements are sufhcienty near
the probable result of actual facts, to put down
this crop in round figures as about equal 10
1000 900 bales of the crop Of last year
The consumption of cotton In the United
States this year-ls46 and 1Si7-will, 1t is esti-
mated, amount to five hundred and fifty thousand
bales, in the section of country north and east
of Virginia, not including that State, and to at
least six hundred thousand bales within the linn
its of the Union. We are only able to arrive at
the quantity of cotton consumed by manufac-
turers in the United States north and east of
Virginia, by taking the amount disposed of for
that purpose in the principal receiving depots Of
the country Now it is well known that cotton
manufactures have sprung up in every part OF the
Southern and Western sections of the Union, and
in every Estate there are extensive establishments
many of which make goods for consumption In
sumption of cotton in the United States is there
fore much larger than we have an idea of, and
will, without much doubt, reach this year SIX
hundred thousand bales, all but small portion
of which will come from the crop after it has
reached the accounting depots
The aggregate supply of cotton In the United
States on the LIST of September 1916, was lO7, l22
bales, which, with crop now coming to market,
estimated in bales equal to those of l945 and
1916, at 100000 bales, gives us the total OF
l,7O7, l22 bales. Deduct from this our own con-
sumption, estimated at 100000, of which at least
$50, 900 bales will be taken from the ports, and
there will be left for expectation ,l57 122 bales
The exports in each Of the two past years, and
this year thus far, have been as follows
COMPARATIVE STATEMENT CorroN EXPORTED FROM
September i THE o isia-iss sIArh 1870. as-a7
f f 1'Sss foreign ports ssss sss sisss
Total export, bales -. 2os4sss lsessss GAG, 1868
There are only four months left of this year,
within which the exports will be very limited,
compared with those for the past eight months
In the first eight months of this commercial
year, the exports Of cotton were only about one
half of those for the previous year.
since Io4o the supply OF cotton III 1reat Dli-
tain has been decreasing, the receipts falling
short of the consumption, and the deficiency
being made up from the stock, which at the close
of 1916, amounted to l,O6O,56 bales. 1t has al
ready become reduced more than half, and at
the close of ls47, it will, without doubt, be less
than it has been at any time within the past ten
years.
The reduction in the supply of the raw mate
rial in 1877, compared with 1916, will be equal
to at least twenty-five per cent, even in the event
| of the most liberal estimate being realized. We
cannot look for similar reduction in the con-
sumption, in the aggregate for the year. Our
latest advices from Great Britain report reduc-
ton of about one-third, or thirty-three and "a
third per cent, in the consumption of the United
Kingdom, but it is hardly probable such a falling
off can be carried through the year