Abbeville press. [volume] (Abbeville, S.C.) 1860-1869, 1869-08-20
Total,
l.2N. ,I33J l.C.G:.S LuN

lo:"', l.2t1 ,I3J .C%:S I;l3
i''@c;c''">' in v;>i|'io supply .'3o:75o
From ;hrS" figures it will h.. ob.
served that the stock on hand. 50 far
~ Ni-i'Ir, falls l3@.7G0 La'cs below
;h' ktocN Of li,GG u: Il ccrrcsnan.iinr
ncr!o:!, This comparuliYo dclici,
:,!n~' also be very largely Increased
hrit:rc the new crop is available. It,
view Of this comparative Ge:icit, j,
wculd seem to be perfectly reas, .na-
hi' ::''! legitimate To infer tLal pres
cn' prices, nj least, will rule at !:r
opening Of ir:,,lc on the in"c.nins
crop. VIII. " "try pr"!y:A'lc ciunca cl
;ii:a1lcc 'r::'r" the :Hrirat;;;, o. The
cotton yca": unless tho excess OF TIC
present crop, ~ compared with the
crop OF last year. shall reach ut lcast
'o".oVo bales. in round numbers.
From the lights before rs, anI thr
contingencies to which even rrcScn:
premises are liable, We are Inclined To-
believe that the immediate prnSprriivc
crop will not largely exceed, IT. Il. all
the crop "f last year. Even sho.ld
ti2 excess reach 500, 600 bales, the de-
i'"l"hrv existing in the comparative
statement above presented, cnuplrt
with It's l'%o''a!'lc augmentation lclor"
IL: new crop moves into market, will
not tc met by even that cx:raor.l;
:Ary production. Another item to ht.
taken ln,o account is tho increased
cnnSunDtion OF, and demand for, the
staple which is yearly Developing.
Appcr'ainirg to this point, we make
the following extract iSom tho circu
IL: Of YIN. 7. Wright s Co., Of New
l"rk:
"CoTToN--ITs SurrLY, PRESENT AND
i'coarEcrivE. - The statistical position
?i the artic!c 10 demonstrates he fact,
that the production Of the past three
or four years has been inadequate for
tho consumption Of the world, and
that the stocks on hand havo ench
year become smaller, until at last VIC
at the point when q serious curtoil.
men: in manufactures is inevitable.
Late cab!rSrams tell us that Manches-
ter is alarmed at tho prospect, and
that efforts arc being made to induce
the Government to lend material aid
to promote the growth of cotton in
India, since The United States can 10 no
longer dcpcn4cnl On for supply. we
admit the prospects for next year and
the year after are not flattcring, bnt
time is not far distant when the Uni
ted States will again supply tho bulk
of tho cotton for tho worlds require
m cnts. We have land enough to
grow great many moro millions of
baIos than is generally supposed. All
we want is labor Under the old svs-
TEN Of African slave labor wo rcaeb.
cd nearly 5000, 900 bales. Undor tho
freodman's regime wo hase produced
2,5oo,o00 bales, bnt under the free
Asiatic immigration now, about being
lnaugnrated we see no reason to- put a
limit on the production Of cotton in this
coutry, and that too at price which
will make it's growth in other conn.
tries uiiproftable, and finally compel
its abandonmcnt." ~ a2naL 81 !
Reasoning from this standpoint, I'D
is rcasonatlcto' conclude that tlie 1,seEw|
crop Of cotton will conari1and faHyl
present prices, if thrown upon the
market in b judicious mapner Plan!
ters, if too eagerto realize, in rushing
the entire crop to markstLas :aoop sas
gathered and preparsdj Ina VI aanso al
temporary glut and q ssaaent,de{]
cline in price to. the adyas9tagsa tRf
spscpfati0nrfnoo @. 81 a,oTs ssa.l stit
GIIhe peeupiary Interest of the plan
ter, as snbserved in the maintainanco!