Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1860-03-03

H"rI rH.H N-#"HI.NE. .. AU- I. seen HNua N.H
cons --p5en Hl Grsat Brt7il has incresssl
f-o- 1904 bales weeklyin 1857, to 4ilf5 i1
1859. showing progress FOR ten years OF -
n-r cent. While. however. the couslmpti0n
has thrs rapidly increased, the price has ad-
vaaea1 from ftd. for matdiinE uplands a.
L-irsrnael in ISIS, 10 6i1- Ia 1850. showing
that the demand has increased ID a much Jar
ger ratio tisn The production. During the
wear 1850 Engiaad took $4,000 bales Of AmeE-
lean co---u mere tlan % 1855, an increase Of
rea-lv s per cent. IN the number of bales: but
a. he bsie7 of 1855 averaged only 412 lbs.
syains 1913 lbs. for 1889, It follows that the
rssfraHo of Increase Of consumption for last
year over the year preceding is about 101 per
cen,. Surprising therefore, that The consumu-
ton Of England should increase dur-lE the
present wear IN the sane ratio a. last, I'D
extra supply Of 10000 bales viii BE- required
TO meatit-
TIE rrobahility, however, is that the
cron OF IRE United States viii this gear show
an excess over Is5-9amouuting 20 100000 bales.
and under that Circumstance In would seem
that the market value nav BE- expected 70 De-
cline En- The ratio ~ 10000 70 Z, 100000. Ct ST
Der cent from lie rates Of 1859. But here an
other question comes ia5 viz whether The
c-us1mufioH Of great Britain maTnot increase
during 1850 10 larger extent han daring last
year. There are certain indications which
would lead 20 such an expectation. abe mar
t7.s rcr English cotton manufactures have
io-g been capable Of absorbing q lsr- %
suo1nlof goods Than has been produced, az.
the 81 irce 70 z fall suppIy hss been the
lack ri suIci-ut machinery. With there.urH
Of an invented prosperity, however, the Ian
esshire fabTicaHts have done their utmost Co.
ward extending their nauufactuirg power
end Che probability Is Chat 1850 VIII witness a
rerr large ncrrase Of looms On that district
J. 3 2 remarkable fact, ilst last year, II tht
face of alarming complications IN Europe-there
Ess got only a greatly enlarged consumption,
bn. that ihe price ranged one per cent. ne-
pound above Che average q Gre preceding
TGe-s; and with sleh a demandu18sr -uch ad-
verse prospects, what may be exported nla
when TIE polnicsl asDeci Be- asslrinE, s
Fr1a-c tas proclaimed DE initiation e ac-u.
ne-cial policy which win quicken lc w1i
trade Of EIIoDe2
Moreover. he shipments from the severe
ports of TIE United states 20 England fC- 1a
current wear are alreaiv largely IN advance %
snT previous like period. Up 20 re present
tus l-2si.o23 bales have been exported thita-
e.. --ainst 1855 bales FOR ISIS. Aver,
large proportion Of this has passed into cor
s1n7 there having been but littie specula-
tol az Liverpool, and The stock onhand oalh'
2Isl Decrmher being considerably below au
average OF The las. Cen years. IL Is true that
Gle arrivals n East Irdia cotton are likely %
prove u-ususlT large, $1,000 bales being eK-
bEc-ei 60 arrive hv the list Of March, against
I s3.ol9fo 1853 and 1000 for 1857; btthis Is
q fact nos at IN lisslr 90 affect the demand fo'
tie Afas-eans lapis, a. d a. eiWsvs found shat
b'a 5r- ths su0ply of Fast lndia cotton NAV
Increase, Or damsni FOR goods flr t5at maTke
i1c-ll7 asia a SIN larger ratio.
iuFlew ol these facts, however,, there seems
BIZ slender reason for the sIuroHti11 that %
eliarEa cr0pcf she currsut wear wii prors So
U--L i1 advance af Fhe c-onglmDtive caDac 3
as 10 caEse a deterioration of prices: and O.
would he no hazardous prediction % assert
that Fr-se l- rates iii Be maintained through.
] ont the Vcar.-U. s. Ec0romisf.