Southern standard. [volume] (Columbus, Miss.) 1851-1856, 1853-01-29

and high prices. The following is now the current
of the consumption of the past three years.
Crop Of 1850, 100000 bales; consumption, 1885,
600; and stock thereby reduced by 25O,OCO bales
Crop of 1851 35OG00 bales consumption, ,450 600
bales stock further reduced by 100000 bales. Crop
of 1852, 100000; consumption, 1850 Geo; remain
der going restore reduced stocks all the world
This takes account Of the reduced amount of cotton
received here from India this year-equal to 100000
bales Some men taking even lower views of ac-
tual consumption. but at this estimate, what
der that with every prospect of at least three Millions
and probably more, besides large from India,
&c1 present prices considered far too high, and
that another three million crop cannot be taken,
cept at lower prices than last year Z
From the Manchester (Eng.) Guardian.
The American Gotten Crop.
The following is an extract from a letter dated New
York, 9th November, 1852, from a mercantile firm
there to their correspondents in Lverpool:-
ave feel much obliged for your order for cotton, OF
which, however, have decided not present,
and we doubt not you will approve course when
we explain views.
We believe that the parties on your side of
the oceans who are showing much anxiety to get
hold OF cotton at any price, can be properly advised
to the state Of matters at this sde including the pros
pect of crop 1t is certain there never was so much
cotton pat1ted and that with a equal to that of
last year, should have larger crop. But not only
has the season been equal to that of last year, 1t has
been decidedly better from the time of sowing through
complaints made last fall, ending in post early
oath Oct. So serious and well founded did they ap=
pear that though not disposed to be very creduous,
were led to reduce previous estimate of 3000,
600 to 2,800,000 bales and many of friends not
usually easily frightened adopted the estimates of 25
to 100000 the extreme, and sagey proghostca=
ted that whereas the mistake the previous year had
been in and underestimate of the crop, would that
year be found that the in the opposite drec-
ton. Last years crop, however. having reached 81
100000 notwithstanding the various mshaps which
occurred it, has fully satisfied that had the
been perfect this year has been we should have
made 5000, 900 bales: and allowing very small per
centage for this years increase of cultivation,
rive 81 millions of bales at the lowest safe estimate
of the present crop.
$50 much for the supply. Now for the demand
You the better judges as to the requirements of
England; and will correct if impression is
rOneOus, that the immense consumption which was in
duced by the low prices of the material in the be-
ginning of the year, has been considerably checked of
late by the alteration to finer numbers of yarns which
invariably accompanies advance of price; and that
the stocks not only of cotton in the hands of spin
ners, but also of goods in the leading markets of the
world considerably larger than this time last year.
Such certainly is the here, and according to the
best information obtain, on the continent of
Europe also.
According to our advices from the south down to
this morning, could not purchase middling cotton
to lay down in Liverpool under SD per b. So high
price thus early in the I've consider hazardous
in the extreme, and we knew this is the general i'm
preston among merchants here who understand the
trade it being orious that is almost entirely by
English orders that tie southern markets at present
supported Americans holding off for the decline,
which is expected be considerable after the orders
in hand executed and the extent Of the crop
ascertained.
Twelve months ago the stock of cotton and of eve
ry product of Gotten was might we'll be expected
after two short crops contemporaneously with
tive state of trade throughout the world reduced to
lower point than had been known for years. Hence
the enormous crop of the past year easily disposed
of. Half a million of bales required to fill up
the gap in the worlds stocks-short-sghted people
called the unprecedented demand consumption, and
built up pretty speculation upon it, even in the face
of second crop, which, were it not for this grand
mistake would frghten them at the name of cot
ton or induce them to limit their orders to FIVE instead
of ten cents per ID.
! You may depend upon it we are the eve of very
heavy losses in cotton shall do our best to keep
our friends clear 1t is to be regretted that 50 large
share will fall upon parties in England who have been
led away by interested people. Let the English and
French hold back till the full extent of the crop be
established, and they will be we'll rewarded for their
: patience. By March we hope TO buy as low as six
cents ard though we may. in the full extent of that
expectation be disappointed it is certain that at least
nothing will be lost by waiting.'
: THE CoTroN CRoP.-Mr. STEWART, in his circular
t for the Arctic, gives this estimate of the CROP
In reviewing the weather for the securing of the
growth of the present season, we are forced to the
> conviction that the crop housed cannot vary mucf
from 100000 bales, of which supply the ordinary
contgent causes affecting the delivery Of It may b
: placed at 100000 to 100000 bales. Under any cir
cumstance that may reasonably be looked for, hnl
at least 100000 bales will reach the ports prior
the LIST September ensuing-and under ordinary GOO
: prices between 100000 and 100000 bales. w,
. estimate this growth Is per cent last season
. which We think was but little over 900 bales
and prior to the receipt of this crop, the country
unusually closely drained. In regarding the product
of the-various sections assume the Atlantic port
g at 100000 against $4,000; the Mobile section
j 100000 against $4,000, believing that the heav
land in the cane-brake section will equal Inst yea
the Orleans section takes wide range Of soils an
climates, and assuming that the. river bottoms win
deficient we look for large Increase IN the high
on Red River, Arkansas. Onchitta, White, Yazoo an
tributaries Yelling the growth To 900 agaip
$4,000. Texas, we assume win add so per cent
or 100000 bales against $4,000 Florida, as last ye
!, fully, say 10000 bales
The postmaster Of Cleveland recentv received le