The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1867-12-10
~NrrqA[al al-4slesses!As
COLUMBIA.
Tuesday Morning. Dec. 10. 1857.
Faots and Figures Aboat cStton.

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Facts and Figures About cStton.
All statistical information must be
q matter of interest to our planters,
so that they may be better prepared
to govern themselves as to the extent
of the ground proper to devote to the
culture of the staple. We have fow
facts and figures which bear directly
on this point. In the year 1866, the
cotton of the South was released, and
planting generally resumed; that crop
and what was on hand together,
amounted to only 372l per cent. OF
the British imports of that year. The
report of cotton receipts at Liver
pool, to very recent date, shows
that from the Ist of January to the
Sd OF October, 1867, the total i'm
ports were 2,7I4, 426 bales, and OF
this, i, 0S7, $40 were from the United
States-just 40 per cent. of the whole.
India, China, Egypt and Brazil fur
nished nearly all of the remaining go
per cent. It is a significant faot-the
great increase Of the growth at the
outbreak of our civil war, end the
steailiness of that increase since its
close. Up to 1860. cotton, other than
chat from the United States, never
reached above 100000, 900 pounds
per annum. At that time and since,
it stands thus: In 1850, 275, 900, 600
pounds; 1861, 437, ,000, 600; 1862,
51O, 900. 900; 1853, .683, ,oOo, 900; 1864,
s7e, 200. 600; 1885, ss42, 600, 900; 1865.
857, ZOO, 900. Thus, we find these
other countries furnishing to Great
Britain, in each of the last three
years, a larger amount of cotton than
we ever shipped to that country, pre-
vious to 1859. =
The supply from these rival cotton
growing countries looks as though it
could sustain itself against any other,
change than that of prices low enough
to cripple, if not crush, this industry
among u.s. The,prices under which
this great growth of their contribu-
tions of the. APPLE to the markets of
England, sprang up, and as yet held
it's own against us, run thus: The
average rates of India cotton at Liv-
erpool were, in 1860, 3d. per- pound;
1861, 3D.; 1882, 15d.; 1861, 22kd. !;
1854, 27d.; on the 9Th October, 1866,
2O1ad.; on the Sd of October, 1856,
12d.; on the Sd of October, 1857,
624d.. and on the same day, New Or
leans ''middling" had gone down to
SGD, from the average of 29d., in
the year 1864. The crop of this
country. in 1860, was 4, 500, ITO bales,
and was worth 1886, 100000 which
was within $50, 900, 900 of the value
Of the wheat crop of that year.
During 1860, American cottons
averaged 61ad. lower than they had
been for the five preceding years.
During that year, our share in British
imports was 80I per cent. In the
last twelve months, it has not gone
above 40 per cent, perhaps Anot over
81 per cent, of the British supply,
although it has been in that time de-
clining from 15d. to sgd. Can it
afford to go back to its price in 1860,
6%d.? If it cannot, the limit of its
market in Europe, is fixed at one
half the proportion it formerly held
to the other cottons of the world.
But we are told that if cotton is 8asd.,
or 171a cents, per pound in England,
the net yields to the planter is not
above IL cents. Before the war, cot
ton could not be raised without ac-
tual loss, below 6 cents per pound.
The question then arises, whether
with constantly diminishing market,
increased cost of production in every
respect, and difficulty in procuring
labor, it can now be raised without
loss, at IL cents. From all we have
heard or read on the subject, we