Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-01-22

Tie following is from the Commercial
and Financial Chronicle, of Jan. Is. 1870:
By special kilograms received tonight
from each of the Southern ports, we are in
possession of the returns showing the re-
c2ipts, exports, etc, of cotton for the week
ending this evening Jan. IA. From the
figures thus obtained it appears that the
total receipts for the seven days have
reached 8,311 bales against 1Ol, O93 bales
last week, ia, O9O bales the previous week
and lI4.O31 bales three weeks since, J
making the aggregate since Sept. l. 1869,
up to this date, l, 532, 219 bales, against
F. l, POS, 72l bales for the same period in 1868,
being an increase this season over last
season of 1913, 49S bales.
The exports for the week ending this
evening reach total of SO, $50 bales, Of
which q, 405 were to Great Britain, and
17,1S4 bales to the continent, while the
stocks at other ports, as made up this even
ing, are now 453,S72 bales.
Compared with the corresponding week
of last season, there is a decrease in the ex-
ports this week or 1,551 bales, while the
stocks tonight are 1873, 2O5 bales more than
they were at this time year ago.
The strike among the telegraph operators
was the cause of several errors in our tele-
grams of last Friday, both in the figures Of
receipts and exports. We have, therefore,
corrected last week IS totals by the mail re-
turns.
WEIGHT OF BALEs-We have received
from a correspondent at Savannah a state
ment, in pounds and bales, of the export
of cotton from that port during the month
of December, 1869, and also for the same
month of 1868. From this statement it
appears that, during the period mentioned,
there is a large falling off in weight of
bales. The figures are as follows:
Bales. Pounds. Average per bale.
Dec 1862 46. 1856 81 1892 OO7 ass lbs. fraction.
Dec. 1s6a..22,O75 lO,s4O,S89 49l lbs. fraction.
1t thus appears that, for the month, there
is falling off of &c pounds to the bale, equal
to about s per cent, or one bale in every
thirteen bales. We do not know the cause
of this difference; and yet it should be re-
membered that the average weight of Sa-
vannah bale for the whole of last season
was only AS pounds. so that if they
weighed 491 pounds in December they
must have been very much smaller during
some of the other months of the season
Our SPINNERs AND THE DRY GOODS MAR
continues much below the corresponding
months of last year. Probably since June
they have not worked mp over Is, 900 bales
per month, against $4,000 bales for the
same time last year. This reduced con-
sumption results, of course, in reduced |
stocks of goods thrown upon the market,
and hence we see great tirmness in the
price of goods, notwithstanding there is the |
utmost dullness in the trade. OF course, |
however, demand must begin to show |
itself soon, to supply the usual spring |
wants, and if cotton remains firm, buyers |
can hope for no reduction, but rather an |
upward movement, especially as spinners !
now have on hand three months supply |
of the raw material, for which they have !
paid full rates But high prices last year
largely diminished the consumption of |
goods, and we cen look for no increase this |
year in the requirements of the mills, above |
present takings, unless cotton should de-
cline,