The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-09-30

Total ,616 $50 2.679, ,637
This would make the supply Of 1868, l63.185
bales more than OF 1857. provided the consump-
ton is correctly estimated which, as appears
to us, seems very doubtful from the following
data:
In the Price Current statement Of 1856 2, the
deliveries from Tennessee, &C., are charged
with 49, ,OOO bales manufactured on the Ohio,
and 75, 900 bales manufactured N Psnnsylva-
ma. New York, 10. For these 124 600 bales
there is no corresponding charge in the state
ment Of 1867-S. To reconcile the Two state.
ments. therefore, as to receipts at the ports"
these LA, 900 bales should be added to 1,951 1888
for 1866 Il, and make OTIS 988. or they 8hould
be deducted from 2, ,430, 1893 for 1867 7S and leave
Q SOC, 1893. If, therefore, the statement was
made up for 1867 8 on the same basis 1t was
for 1867, it would show an excess OF receipts
for 1878 Of 3549Q5 bales, instead OF 2, 4SO SSS
against 1851, 1888, or an apparent excess
of AIS, ,9O5 bales. Again, the statement for
1867 made the home consumption from the ports
573. .SS7, and fro q the interior 8O,672; to-
gether, S54, ,039 bales. For the same year this
mas been altered in the statement OF 1865, by
the takings from tho ports, and deducting it
from the interior consumption. calling 1t con-
sumption from the ports 697, 1867, aud ron the
interior 156, ,672, but making the same total
viz: 854,0S9 bales. The change, however,
seems to throw D doubt upon the correctness
of the estimates which had been made OF the
consumption ION the Ohio, in Pennsylvania,
New York, &C., " and it upsets the statement OF
1851 9S8 bales. as-the crop at the ports for
1857, without showing what became, in
such case, Of the $4,000 bales. The
statement makes the home consumption
Of 1878 as from the ports 1887, and
from the interior 168.S40, together 96S. 165
bales (and 10000 bales are added for
consumption in Virginia; in all, 9SS, 165 balesl.
In the statement Of 1878 1.-THE last one),
Virginia is charged with receipts 187, ,4S7 bales,
with thus remark: ''The large items Of vir-
ginia receipts will arrest the attention Of oil
concerned in the cotton trade, for while the
growth of the State has not probably exceeded
80, 600 bales, her shipments and consumption
are placed by our statement at 187, 487 bales
most OF it coming inland from South Carolina,
otherwise accounted for" Can the compiler
give us authority for how much came from
each Of the PLACES namod, and at tho same
time prove that much Of it may not have been
counted in his statement more than once2 ,
Again:
>Memphis, Nashville. other places i'll
Tennessee, Kentucky, &c, and crop
OF Illinois. Indiana, Missouri, &C..
are charged with. ................. 44S,3l7
Aud credited with shipments TO New
Stock in Memphis and Nashyille..... 1902
Received ct New York, Philadelphia,
Baltimore Portland and Boston,
overland from Tennessee, &c..... .204 SS7 277,794
Would leave. 17o.62s
In these two items last stated-Virginia and
Memphis estimated to have received consid-
erably more than one-quarter OF the whole
cror there are S58,010 bales (supposing the
2O4, 1897 bales correctly accounted for), about
which there may be serious mistakes; tue radl.
cal error is in charging "home consumption"
all that remains Of receipts, positive and esti-
mated, after deducting exports and stocks.
It is very manifest that we have no clear and
definite data upon which to determine the cot
ton crop VI the U lited States. The railroads
through the cotton-growlng States. to west
ward and eastward, have so much changed the
mode OF transportation as to render it far more
difficult than formerly to count-the crop cor
rendering nero transit oottons liable to dupli-
cate count at railroad changes and tranship-
ments.
The Chronicle also makes IN annual cotton
statement, in which for the year 1878 the
home consumption is computed at 1856, OILS
bales (100 $50 ba.es less than the Price Cur
rsnt), and endeavors to prove itself correct by
returns of consumption to the National Asso-
citation Of Cotton Manufacturers. These re-
turns are stated to be from ATS mills, 5, ,199,-
COZ spindles, which consumed Cos, ,964 bales.
The mills from which no returns had been re.
ceiyed are estimated at 200, 600 spindles. If
6O2 spindles, they would take 162 .494 bales. and
make an aggregate consumption OF 1853, 458
bales. The statementsSof the Price Current
and the Chronicle for 1878 compare as fol-
lows: