The southern press., 1852-05-11

ence. Let US look at this:
1851, April is, exports to Great
Britain l,O4l,OOO
1850, T" $4,000
Excess of supply over last year $4,000
Liverpool, March 26, (the latest
! date.)
| Imports this year $4,000
!" last /. 100000
Excess of imports . $4,000
Stock last year $4,000
this +" 10000
Reduction in stock - 10000
Diminution in supply, as com
pared with last year $4,000
In other words, if we add to the stock which
was held in Liverpool on the 26th of March,
the whole excess in the exports from this coun-
try, down to the 10Th of this month, they would
then have stock barely equal to that which
Stock in Liverpool, March 26,
1852 10000
Excess Of exports to Great
Britain up to 10th April $4,000
Leaves excess already re-
ceivcd in G. b. down to
the 26th Of March 36,000-l58 900
$4,000
Stock Goth March, 1851 $4,000
II is thus demonstrated that all the additional
supply Of cotton over last year, that Great
Britain shall receive from US this year, and put
into stock, has yet to be exported from this
country, and how any excess Of magnitude can
be sent, remains to be seen. We have no more
stock than last year. or but 5000 bales more, If
the crop do not exceed AS50,000 bales, we shall
have but 100000 bales more to get--which is
less than the supply at the corresponding period
last year, by 10000 bales, viz:
Stock this year $4,000
Estimated receipts 100000.
--- 100000
Stock last year $4,000
Receipts to LIST Sept $4,000
-- $4,000
10000
Out of this remaining supply, viz: 100000
bales, with New England, France, and all the
manufacturing countries of Europe, competing
actively for an unusual share of the crop, low
England can get more than she did last year
out of $4,000 bales, when all her competitors
had almost retired from the field, we cannot per-
ceive. But let US admit that we do give her a
further excess that we send her, before the lst
Of January, 1853, in addition to the present ex-
cess Of $4,000 bales, further excess over last
year of $4,000 bales; this would give an addi-
tional supply above that of last year Of | $50
bales per week, for the forty weeks from the
goth March up to the lst January; and how far
this excess is likely to go into stock may be in.
ferred from the fact, that the consumption up
to the 26th of March Ito say nothing of the in
creased exports,) bad been at the rate Of 30,l78
bales per week, against ,529 bales per week
for the same period last year, and 1880 bales
per week as the average of the whole year
But at all events, it is clearly seen, that Great
Britain commenced the year with stock of
only 22l 900 bales; that including the entire
excess Of exports up to the present day, she
cannot have made any addition whatever to that
stock that il is highly improbable that our fu
ture exports, to the end of the year, will exceed
those of last by more than 10000 bales; and
consequently, if she do no more than consume
from the Goth of March to the 3lst December,
1852, the same quantity Of cotton that she did
during the same period in 1851, she can add 10
the above stock, at the end of the year, but
so. 600 bales. How far il is probable that she
will consume no more than last year may be
judged from the ratio of consumption thus far,
| viz:
Jan. to NH 26, 1851, 222,i4O bis; per
week, Is, 500 b.
Average for the year 1851 per week. 23350b
Jan. ! to NH 26, 1852, 362,35O bis; per
week, BOLTS b.
The planters could not be in better position
to command an advance in price upon the re-
mainder Of the present and the whole of the en-
suing crop; and it really appears marvellous 10
US that they should evince such a groundless
eagerness 10 sell at the present low prices.
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