The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1866-08-17

IN cotton and produced 1851 bales
of cotton. In 1865 they employ 3. 495
. hands and planted 80, 222 acres in cot
ton. OF the number of acres planted
this year a considerable amount hiss
been thrown out in consequence of the
continual rains, during the cultiyating
season; of the above number of plan
tiers about one-fifth report good stands
and the percentage of work per hand
as compared with 1860 does not exceed
two-t thirds or Sc per cent. From the
best and most reliable information in
our possession, we feel safe in stating
that the crop of Mississippi will be less
by one half than was anticipated two
months since, in consequence of most
unprecedented drouth. by which the
greater portion Of the State has suf-
fered
The object Of this Association. as
stated in our circular of the 1st May,
is to collect all reliable information
concerning the growing crop and pub
lish 1t TO the world, with the hope Of
counteracting the many false state
ments, which we then believed would
be industriously and widely circulated,
greatly to the prejudice Of the planting
interest With regard to these false es-
Inmates, our anticipations have been
more than realized; almost daily our
attention is called to them, purporting
to have been made up by gentlemen
who have travelled all over the cotton
States and whose figures are based
upon the most reliable information.
The planter knows how much import
ance TO attach to estimates made up by
gentlemen fsome ofwhom have for the
first time seen cotton stalk, travel
ing on railroad cars and spending a
few hours in the towns and villages;
but these reports will have their effect
unless met, and an effort made to coun-
tcract them. We thefore earnestly
entreat the planters of Mississippi to
send in their reports. They are reliable
and will be so received at home and
abroad. We know, as many have
informed US, that this year has been
one of great trial to you on account of
unfavorable seasons; you have been
kept more closely at home and more
busily employed than ever before; but
now the crop is laid by and you have
leisure, we expect you to send in your
reports without further delay.
Of the many false reports sent to
New York, and from thence, of course,
across the water, to which our atten
ton has been called, is one forwarded
from Mobile few days since, estima-
ting the cotton crop of this year at
2,G00,000 bales, putting Mississippi
down for 900, 900 bales, about one half
rs much as she produced in 1860, when
we cultivated nearly three times the
number of acres-in cotton. we are cul-
tiyating this year.
For the benefit of our planting
friends, we publish the following cal
culations, based upon information
which we deem reliable, and which we
think proves most conclusively that
by the first of January, 1867, the sup
ply now on hand in Europe, including
all afoat, will be exhausted-and fur
Their, that the supply for the year 1857
will fall very far short of the demand
July Is, 1866, Mr.. S. G. Laughland
Of Liverpool, reports the following,
which is published in the New Or
leans Price Current of the 18th inst
Stock on hand ....... $50, 900
American afioat ......... $4,000
All other descriptions afoat GAG, 900
Number of bales, 1861, 900
In the New Orleans Picayupe, of
the 18th inst, under the head of Obs
sipation of Another Dclusion," we
find the following: In 1850 the week
ly consumption of England was 1926
bales in 1850 it was increased to AS
253 bales and in the same ratio, we
add, in 1866 the consumption will in
crease to 59,717 bales per week Add |
to this (which we find in the Liver
pool Cotton Brokers Association |
Weekly Circular, May 31st, 1866. H.
l24, the actual weekly report, makes
the quantity required weekly by Eng |
land 1851 bales. Multiply that
amount by 20 (Which is the number of
weeks from the 18th of July to the 9Th
of December,) and it will amount to
j, 536,620, leaving balance on hand
on the 9th of December, sc, of the
above stock, as reported by Mr.
of "A, $50 bales.
To continue the calculation, if Eng
land requires 1881 bales per week
for consumption and export, she will
require for the year 1867, without any
increase machinery, 1895, PIP bales
We have seen various estimates of the
quantity of cotton which England will
receive the present year, from the In
IDEAS, Brazil and all other countries,
other than America. These estimates
vary from 1900, 900 to $500, 900 bales.
Suppose she receives the largest of
these estimates in lS69-2,80O,O
bales; deduct it from the amount re-
luired e, 1895 PIP bales) and it leaves
a deficiency of 1,295,212 bales, a
arger amount, we honestly believe,
han will be made in the United States
N 1866.
In order TO prove that we do not ,
over-estimate the quantity which Eu-
rope will require in 1867, we annex
he following figures taken from a re-
liable source: I'm 1860 the total sup {
ply in Europe was 1877 100000 ]
pounds, equal to 4,493,500 bales of J
100 pounds each. Having no relia-
Die data by which we can ascertain
he stock on hand on the 1st January, /
81, we suppose it to have been Csc, 900
,ales, which, deducted from the above,
caves 3,S43, 500 as the amount con-
nrned in 1860 and varying lint little /,
rom our estimates for 1867.
We know that many planters in Mis-
issippi, from necessity, will be COM
'elled to throw their cotton on the II
market early in the season-Our adj g
ice is to hold on-sue no more than o
'ou are compelled to-wait until the b
wo and half million bale estimates d
re exploded-until our friends across h
he waters knows truly the extent of n
ur crop. We do not believe Cotton e
J King, but we do know the world L
annot gery Conveniently do with out it, b
nd will be compelled to pay prices bet v
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