The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1850-11-22
TIE COTTON TRADE.

Importance of outstanding the supply OF cotton
prown this season, we think it would be well
to bring under the notice OF our planting friends
seme deductions drawn from the able circular
Of Du Fay aad Co. Of manchester, the isaciHg
advocates and great exPonents OF The spinning
interest of Great Britain, as tl:ey coEroDorAte
the position we have assumed, that the AmeFi'
can planters can this year dictate their own
terms to the spinners ofyarn, ami it will be the'f
own fault entirely they lose tae entrenehed pos
ition in which they now staHd. The stocks OF
raw material now only exist abroad in their sea-
;perts-the interior is bare. Manufactures are
uader contract, in Great Britain for two months
on all kinds of goods, and many tor three anu
four months. There is no prospect OF limit
to the orders ahead, at present. as the people
of Europe 1--WE mean the Masses VINO are 'lie
great consumers1 never were SO prosperous anu
under such full employment, at high wages as
at this time The deductions we allude to are
three in number, viz: "lst. The supply of the
United States cotton has fallen OH by about
100000 bales, but the deficiency has been SO
far compensated by increased imports from otll,
er countries, as to reduce it to about 3lo,oGu
bales in the aggregate. I'd. The deliveries OF
TInitpd States cotton for consumption have de-
creased by about 100000 bales, but those OF
other descriptions have increased sufficiently to
reduce the aggregate deficiency to lOO,OOO
bales only. Sd. The stocks generally are re-
duced ostensibly by about l50,O00 bales only !;
we say ostensibly, for the reduction must be
larger in reality. The stocks returned IN the
continental ports do not generally comprehend
those which are held in second, l. e. specula-
tors and dealers hands, these stocks, when
prices are moderate. and when. as was the case
last wear at this time. favorable opinion is en-
tertaiued of the article, are large, but now it it
NAV be fairly assumed that such stocks are all
but exhausted. Our spinners must, also, have
had very moderate stocks on the lst October,
for they had purchased only at the rate OF about
% 500 bales per week for the ten weeks prece-
ding that date, and no reduction i'll the quantl
ty consumed by them had taken place, except
that some of them had changed from spinning
low numbers of yarn to finer numbers. Almost
all the mills had been in constant operaton'
and several large new ones have been added IN
the course of the year.
eve think it may be assumed from the fore
going, that the quantity of cotton delivered ou-
ring the first nine months of the year fairly re-,
presents the quantity converted into yarn and
into goods; and if so, we should have the tot
lowing rate per week, viz: OF 3S, l5O bales UNI
ted States 1862 bales Brazil; 720 bales West
Indies; 5,795 bales East Indies; 4,4lO aheS
E,-yot: total 4S,767 bales. II we add $1,000
bales of what has been consumed OF tn" Greet
import into Russia, Spain, and Genoa, we nave
a weekly aggregate for Europe OF $4,000 bales,
eqnal to about 2,5l5,000 bales per annum.-
The consumption Of tine United States having
been 4ssO00 bales, the grand total would
amount, as nearly as possible, to 3,0oo,ooo
bales per annum.
ain the places of production (of manu'ac-
tures) we hear, as yet, OF no accumuiatloh e''
ther ofgoods or of yarns; but 1t must he con
fessed that several TRANSATLANTIC markets Ill
North and South America, Calcutta and ohina'
are represented as fairly stocked"
These remarks are important now, as Eng
fish agents are swarming back by every stean'-
er from Liverpool, with their breccheS pockets
crammed full of orders, and are busy telegraph
ing from every place where they stop to break
fast or dine, for fifteen or twenty minutes, Oh
their routes to their Southern posts, that there
has been no frost, the fields are full OF flowers.
the yield er ormous, and several fellow passen.
gers had died of sun.stroke, &c.
The true policy ofthe plantersis simply, mas
terly inactivity. Don't forward bale to the
ports that can be avoided, as once there, the
English harpies consider it their own, as much
as If it was on the rail road from Liverpool to
Manchester When the true position Of the
crop is known in Europe, prices will take Il
rapid ascent, and we look for twenty cents per
lb. to be paid for fair qualities Of New Orleans
cotton, before the first of May next. For two
months to come. English agents will be for
wardng from this side large estimates Of the
production, to scare off competition in their
purchases, and to lower the Liverpool market,
and thus act on prices South. Every engine
will be brought into play. Americans who
will consent to aid in this business vii! have
their travelling expenses paid add @r ai!o"anre
contributed ior weh Pla2ed hes. Is 49, -
case the last summa
WiH Cd-1'he return ol this noted chief
to the Seminole coautry, has. it appe2rs, caused
great excitement in the Creek uaion. The
Fort Smith Herald, ofthe llth, SAYS:
give or six hundred Greeks started off a
few days ago from the Creek nation to arrest
him, but from some cause they turned back when
within forty miles of him. He is busily en-