Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1859-07-29
4)63S,000


Average of past four years. l595OO "
With the present prospects of supply the export this
year likely to exceed that average considerably,
and may perhaps reach the maximum quantity Of 1857
but the above figures embrace the shipments from
Bombay to all Europe, while object is to compute
the export to Liverpool alone, which receives
erage about threefourths Of the European supply,
think it fair to assume that the export to Liverpool du
ring the above period will not exceed l69 600 bales
This estimate is, of course exceeding arbitrary but
the grounds of it stated each modify it so
to suit his views
The total soppy of Surat cotton available to the end
of the year in Liverpool will then be as follows:
Stock oath June $4,000
At sea that date, arrived, but not included in the
Estimated export from Bombay from 2ad May to 18th
September. l6OOU0
Total supply of surat Cotton .............3 $50, 900
OF the future supply of Brazil and Egyptian cotton,
it is only possible to give very rough estimate In
the former class the arrivals expected to be very
moderate, though perhaps in excess of the very light
import last year while in the latter, supplies
pected to be very small and the import will probably
be materially short of last year.
We cannot go far wrong in assuming the import of
long sapled cotton to equal that of the same period
last year, viz $4,000 bales which, added to pres
ent stock gives total supply of 10000 bales to the
31st of December.
The aggregate supply of cotton available for Liver
pool till the 3st December will then compare with last
year, as follows:
Estimated supply 1859. Actual sup. 1853.
Bales. Bales.
American cotton $500. /, 1875, 900 1895, 900
East India cotton ...... $4,000 100000
Brazil, Egyptian, &c. do. 10000 $4,000
Total supply 1859. 600 1858. 1,595,O00
Showing an increase of 100000 bales last year
but this increase it will be observed consists exclusively
of Surat cotton, the supply of American cotton being
decidedly less If this supposition prove correct it to
lows that-unless the outgoings from the port for the
remainder of this year exceed those of last year by about
100000 bales-the stock of the 3lst December, 1859,
will exceed that of 1858 Let US now inquire whether
this is likely?
We find the deliveries to the trade from this port up
to the oath June average 800 bales per week and
January and still supposed to have very moderate
one we cannot be far wrong in assuming the actual
sumption supplied from Liverpool to date A. 900
bales per week This amount conceive, will gradu
ally increase as the season advances The highly pros
porous trade which has now endured about twelve
month"; and which still seems to rest upon durable
foundation has afforded strong nducement to extend
the consuming power and is well known that fresh
machinery is fast coming into play, and that prepara
tons are making for great development OF the CON
sumption which will take effect at very distant date
Tt must also be remembered that the present style of the
production is usually HIGH and that if lower counts of
yarn-whch have been long depressed through the stag
nation of the German demandcome into active request
the consumption of cotton would be materially increased
Under these circumstances we think that the trade
will take from Liverpool for the remainder OF the year
at least $4,000 bales per week and If they were con-
tnung tc use the respective classes of cotton in their
nreent proportion the stock of American cotton would
rany be reduced very low before the expiration of the
wear On the other hand the consumption of Surats
Continued on its present trng scae-280O bales per
week to date-the stock of that description would
cumuate enormously, and probably exceed the quantity