The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-05-11
Cotton Trade OF the United States.

Public opinion has centered on l,750, 200 bales
as the amount of the crop OF cotton OF this year,
ending 31st August next. We think we are safe
in assuming that it will not exceed 1,775,0O0
bales, which will be deficiency of supply, as
compared with what was called short crop last
year-say 100000 bales-of $4,000 bales, and
in addition to which, it appears, that there will
be deficiency in weight of 10000 bales more,
making the total actual deficiency 900 bales,
of the average weight of the bales which are now
going to market
II must be borne in mind that the short
crop of last year, with reducing consump-
ton, carried down the stock in Europe 100000
bales, which must be allowed for in consider
ing the effect of the present attempt of the
manufacturers there to control prices. Goods
must rise in price, consequent upon the demand
in India, China and South America, and we may
add Eastern Europe, as the stocks are very
moderate in the hands of manufacturers in Eu-
rope. The demand in this country this year.
will require at least 100000 bales, and may
reach $50, 600 bales. The next crop has as
yet only appeared out of the ground in the
high lands in Mississippi; the bottom lands of that
State, and also Of Louisina, are now under
ter, which will make the planting there very late,
and of course hazardous. We at all times dis
courage speculation but if the army worm
which appears not TO be extinct, should renew its
ravages this season. of which well grounded APP
prehensions are entertained, the crop will be the
smallest made IN twelve years. We have recev-
ed number of letters this subject, giving
alarming statements from particular Localities
which at present we shall decline publishing
Our readers will notice that we took perfectly
independent course in regard to the crop now in
market, during the season of its growth; and
being very cautious in selecting our correspon-
dents at the South, and sparing expense
for early notices of the changes that occurred,
we were enabled to point out the number of
bales of the crop as early as October last, al
most with the gift of prophecy it will, there
fore, be important for all parties engaged
in commercial pursuits, to watch well the
columns of this paper for early and authentic in
formation in relation to this most important sub
ject, it quite probable that another short crop
will overturn the cotton lords of England and
with the distress which must cnsue in the manu-
featuring districts, coming upon that which is at
present existing there and in France, will in all
probability, create revolution in the govern
ment. The figures Of the previous crop of
100000 bales stood thus,
PRopucrIor or CorToN IN THE UNITED STATES
l06 900 bales New Orleans and Texas, weight 460 lbs
average. ...."... 4s0, 900 lbs
$4,000 bales Mobile, weight 500 lbs. ave-
rage. ............... all oooo 900 lbs
81 900 bales Uplands and Florida,
weight 900 lbs. average. !. 80. (. 2i9, 900 900 lbs
100000 bacs-average weight per bale,
434 lbs. ............o OIL 10000 lbs
This crop, is apportioned thus
100000 bales New Orleans and Texas,
weight 400 lbs. average. ... 301, 100, 900 lbs.
100000 bales Mobile weight $50 lbs avg 1853 900 lbs
10000 bales Uplands and Florida
weight $40 lbs. average. 256 700 600 lbs
i775OOo Average weight 400 lbs per bale 900 lbs
deficiency in weight, l09,sl0,OOO pounds, be-
ing equal to 400, 900 bales of the weight of the
average bales Of this crop; thus exceeding the
apparent decrease by $4,000 bales 1t is admit
ted that the bales from the same section, fall off
about five per cent from the weight Of last sea