Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-01-26


The receipts at New York, not included in
the receipts at the other ports, are so va
riously stated as to make it uncertain What
the amount is. For instance, VIM. Bryce
& Co. report the receipts to the 1lth inst at
1882 bales; Neill Bros. & Co, at 70253
to the 9th inst, but their circular for the
10th inst, reporting the previous weeks re-
ceiPts at 7,044 bales, makes the total re-
ceiPta to that date only 1921 while the
authority we have quoted, (the New Or
leans P-los Carreat) puts down the New
York receipts at g, $50 bales.
The receipts at all the ports, including
the stocks held in the interior towns fen
which We have returns, bring to VitW
something over million of bales of last
years crop The estimates of the crop
now range from I,25O,OOO to 100000
bales. The Washington correspondent Of
the Augusta Chronicle and Ssnhael gives
some interesting facts in his letter Of the
10th inst. in regard to the cotton crop, and
claims that full reliance may be placed up
on his figures, as all the data that he has
used we're produced from official sources
He says:
" IL is now safe 10 my that the entire cotton
for 1900 wall amount to 5000 bales Of go lbs
per bale. Swing gross weight Of goo 6Q000 lbs,
! The tax law Of July Il, 1866, now in force al
lows four per centum tare for baling, rope ETC..
which leaves net WeIUlf If na44U1r
! The crop Is worth IN the New FORK market, at
the present price, which averages at least 34c
per pound. nearly tive hundred and twenty nine
millions Of dollars. The s0vernment tax upOn
II, at the current rate. cents per pond, viii
amount to over twenty millions Of dollars.
Georgia furnishes lG4, 600 bales Of this CROP
which, at 800 pounds per bale, makes gross
weight Of S2,WOOOO pounds. and q net weight Of
| 737DOO0 pounds. Al the New York price this
cotton would yield nearly twenty seven mil
hons Of dollars. and the government will reap
from it q revenue Of nearly two and fouT-tenths
million of dollars Ofiiciai estimates apportion
the crop as follows North Carolina, 81 Coo bales
South Carolina, 100000 bales; Florida, $500
bales; Alabama 30 600 bales; mississippi, 20
600 bales; Louisiana. 10000 bales; Texas 0O00U
bales; Arkansas. $4,000 balls: Tennessee, 500
and other States. 1900 bales. But these esti-
mates only allow iOJ pounds TO the bale while It
Is found that the actual average weight Of the
present bales is nearly 500 pounds each. aud we
have reduced the aggregate crop TO bales Of the
latter weight as IN the ease Of GeoTvia which j.
accredited with 205 400 bales of 400 pounds each
but which by the above appCTtionmentOf weight
makes l64 600 mark etable bates. This estimate
allows for sl losses and other causes Of decrease
Of general Weld and cannot but be regarded as
temperate one. The figures are all placed
| yery low. perhaps much lower than is actual ~
demanded. but the desire Is 10 give correct esti-
mate. The total crop summed up by some
planter and commission merchants. is reported
to be about the same az that which have given.
In other words it corresponds with the Official
estimate, while some estimates assume fetal Of
! 100000 bales"
Cotton was quoted dull in New York
Yesterday at noon.