Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1847-03-24


large, aud the 100000 bales less were re.
duced 10 about 50,OO0-but within the
last week or two the receipts began TO fall
of-and the difference between this and
last year is becoming greater every day.
On the 26th February, the receipts this
year were less than last, by 112 1854 bales.
On the 2Sth Of February, the difference
was 119, $50, and on the first of March, the
difference was l22.772, showing falling
off from last year in 4. days. 10,7l6 bales
Ian average Of 2;679 bales per day.
Now about this time last year, two thirds
OF the cotton that went 10 New Orleans
were received-and that too when there
was an extremely large crop, and prices
low-and to put the worst feature upon
the matter, it is presumed that the same
proportion has been received this year. If,
therefore, the receipts of the future be
reckoned according TO the past, The deficit
in New Orleans, will be 184, isl bales
which would make the whole crop lad:
mitting the other estimates to be correctly
to be l.909, ,997 bales. But the proportion
is in favor Of large, and we may say, al
most incalculable decrease Of the receipts
from last year. In the first place, all ac-
counts from the Wes, 10 August, Sep
tember and October, represented the cot
ton crop in most dep!orable condition,
in consequence Of the ravages Of the worm,
&c. In many places, planters would make
nothing lin others, one-sixth, one-fourth,
one-half, and in no case did we see an ac-
count that thirds of a crop would be
made by any one. The presumption is
that where there was so much smoke,
there was some fre.-Theh grant the hgh.
est point, and admit that two-lhirds Of
crops was made 10 that section, and the
receipts this year would not amount to
over 1000, 0,000-and if 80, the whole crop
will not amount to more than 1,730,000.
10 the second place, TO sustain the pre-
sumption that if two-thirds Of the Cotton
at New Orleans was received about this
time last year, a much greater proportion
has been received this year, it will be rec.
objected that the market appeared at
much higher price than it did last leason
and for years past-it continued 10 ad.
vance, and went almost to double the
price of last year. The weather vas fine;
for gathering the crop--the water courses
were up-and even admitting that the
crop was large. i, is reasonable TO sup
pose thai the article was hurried TO mar
sket,s obtain The advantages of prices,
ssyhic NJ Ssss;s FssTas
sosninch hetfer than had been obtainsd'for
years. But, Il may be. said, that many
inihe wes,, anticipating a. shorter crop,
have kepitheir Cotton at home-taat moi
making as large crop as heretofore and
showing their neighbors were iu the same
situation, they have not cared to bring
their cotton to market. Had the advance
been sn all one, the supposition might be
correct; hut as it was generally conceded
that large crop was made in the Allan
tic Slates-as the weather was fine for
gathering the crop and having the best ia.
cilltes for seuding II to market, and the
price being nearly double that of the last
year, it eeems TO US it would be unreason-
6le 10 suppose that planters would not
send their Cotton TO market as soon as
they could get il there-and If they did,
100000 bales would be fair, If not
large estimate for New Orleans.
But let tus recur again to the receipts at
New Orleans aud carry our comparison
little further-and in doing 30 we will go
one month back. In the three last days
Of January and on The lst Of February,
there were received al New Orleans H.
577 bales. 10 the three last days of Feb
ruary and on the lst Of March, the receipts
only amounted to S,765-showing that
The receipts at the latest dates are not half
wha, they were one month back.
Again. To sustain more fully the po-
sition above taken as to the aggregate re-
ceipts at New Orleans we viii mention
another fact which must have bearing
upon the subject. In one district of the
country, from Point Coupee 10 New Or
leans. the Sugar Plantations increased
largely lasl year. In ls45 there were
265 Sugar plantations in 1916 there
were 328. Hero are 63 plantations, which
no doub planted cotton 10 lS45, that plan:
led sugar in 1916 aud this is only in one
section. Even admitting that there was
10 short crop this withdrawal Of labour
from The culture Of Cotton in tha, section
ought to, we think make meterial diff.
ference in the aggregate receipts of this
year aud last.
The question, then is, what effect will
q crop Of / ,75O, 900 or ], 10000 bales have
upon present prices! We,hihk they will
improve, if they are not higher tby or be-
fore the first Of June than they ever have
been during the season. The prices here
tofore given have been based, in Liverpool,
upon 100000 crop. The recen, de-.
cline, or dull1ess, in Europe has not been
on account oflhe want Of confidence in
Cotton, but it is stated that The high price
OF provisions aud the arrangement Of The
money market was the cause. A crop Of
2,O00,U00 would furnish The spinners (by
working on small scale) with just enough
to last them until the next crop came for
ward at that time they would have no
surplus, as heretofore. But says friend,
the spinners, sooner than advance upon
their goods. will cease to work, or work