Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1864-06-28

Coainodore a. r. Aaury g s. Navy
DER sm Tas enclosed iabiss. co1upiIsd chisss
from the board trade rsturns show The course Of the
British cotton sAds for The last flx pears The period
begins at s cessation Of the commercial panic Of Is
when over rrsduetion commenced, and ends With H.
close Of last year Thus furnishing. Il e.auoe tie
hsiorg Of The cotton imporss eSRsrts mauzzas.ures
and sales FOR hone consumption for 81 hros ssslons
aaterior and the hse subsequent to the soss
sion Of he S0a.asrn States from tie Federal Union
ana likewise exhibiting shs inereass IN tie stocks Of
cotton aa cotton goods during tbs arst division ana
g deeesass during the second division Of the time.
The largest aportationE Of raw cotton took place IN
ls6a when 1s90 9ss 52 pounds were imported at cost
Of S575e $50; sas the smallest receipts wersin 1854
vhes 52s s75 295 pounds esnsao hand, valued at ssl
e930a5 The quantity in 1868 wss 65s 5ss 6f puunds
worth S56277 95s The expectations Of raw cotton in
1860 were 251Ass6io pounds Tor 1851 2ss, ,ss7 ssg
pounds for is62 SIS pounds and for 1883
24l570 ss2 poundshe % Increase In comparison
with npora,ionz being very great The yarn produe-
ing properties ret weight OF The cotton after suia
aing thatremainsa IN toe United KinEdom for mann.
faeturng purpoHes 1850 969 43s 5s5 pounds; sn
IN le03 only s5 IA 5i5 pounds proving tie eact Of she
extra loss in working the In fsror and accounting
Tor he additional amount Of cotton required to make
yard Of goods In 1863 over what was needed In 1860
Though the esst of the impo-ts Of raw oesa sas 40
muoa greater ia 1863 than In 1850 the value II the
ports was Akswie sugnsassd-makins <hs ast cost fr
thai material In 1860 $50 3sa 6s9 and in 1861
OS7 has been estimated sht The profits On the old
stocks Of cotton goods, held In fo1sa keIE bs-
longing to Engiish merchants Sad disposed OF IN ls6s
amounted 70 sl5O09 600 thereby rsduoin he exchange
TO about eso O000Q0 or sf 600 o90 eas than in 1850
As me old stocks exhausted me mszns Of pay.
msnt VII cease and Of eonrss, sEssssr suaou,t Of
money viii bs required to ssttle for the cotton supplies
ef nevsn should the impcrtAtons be no longer than
1868 and this too, withSut allowing for advance
Ia price, The ireights the did not aver.
age, In 1850 over i've sights Of ponny per pound
while in 1903 that charge about doubled in eonse
quence of the produces having been brougkl longer
distance in CASES. and In othorz by moro expensive
means (stsam) Of transportation. The rates nom the
Mediterranean very hiGh and ihs expense Of ruu
nag the blockade equal the former entire cost of
the cotton.
Tie largest expectations Of cotton piece goods wsre
n ls6U wnsre 2ls 427 yards were shipped along
with 197 7343655 pou. ds oist and yarn-ths value Of
osaranoss reaohing Including hosiery and ANAL wsrss
53ol2 $50 Except hosiery etc. the Eures for 1s
we're smaller than ia any other ysarshs total exports
being 30 77os7l In 1868 L06573 s5s yards Of pscs
goods, and 642 LAG pounds Of twist and yarn er.
isnt abroad, vaiusd, with bos-y and small wares at
e47 443 96a. /,
Thsra has bssn very slight reduction in the home
'onEurPiion Of cotton manufactures The priess or
'oston gaods have not kept paes wifi ths advance in
otton cent per cent, IN consequences of the cost OF the
aW material not being in ordinary tines more than so
DER esnt Of the value Of the manufactured article Bat
low that cotton forms the chief Of the fabric and
he stocks Of goods made from cheaper cesons ars 50
much dimnished-theY only one-hfth in extent !
When compared with these Of ls60-a continuous rss
nay be expected TO take place. The natural yearly in
Tssss IN tie consumption has merely been checked
The rich puTehass nearly freely as ever; the poor
lever sVan In the most prosperous tlms6 purchased
aore than saeed for their wants This clearly de.
BY he quantity Of cotton goods imported;
he receipts from abroad IN 1853 wers about the sar
IS Ia 1860 the vaus hswaver was a,.-se~.- ''lS
s75s O30 in 1850 TO ec3qaf% areeoA Sl fetefsSI
ottou clothing IN The oss requires larger foros than
rel nd was as op- .olisble gentleman with slOucned
e-s arrived from Washington, D, G. His rep,
a. tc1,a hat