Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-11-18
The Cotton Trade of India.

The latest official statistics of the cotton
trade of India show that the exports from
the Bombay Presidency in 1868 amounted
to l, 294, 291 bales, exceeding those of 1867,
which was an unusually favorable year, BY
more than 20, 600 bales. In the year 1868
and 1869 there were in use throughout the
Presidency 294 manual and III steam
presses, as compared with 222 of the FORM
or and 153 of the latter in 1858. This
increase in a single year shows that the
efforts of the British Government to stimu-
late the production of cotton in India have
not been wholly unproductive of the de-
sired result. During the year 1869 there
were 2,165, 713 acres under cotton cultiva-
ton, 500, 634 being in the Northern and
LII, S26 in the Southern division, l, 19O,-
252 acres in Sind and the native States,
showing a net decrease of 400 acres as
compared with the previous wear. The
yield consisted of 245 S24 bales, IS, $50
from the Northern division, 1872, 1872 from
the Southern division, and 81, $50 from the
Sind and the native States The expert
ments conducted during the year with
foreign seeds met with varying success,
partly owing TO the unfavorable season.
1t appears, however, to be pretty clearly
plant will flourish only in those districts
where the surroundings are similar to those
to which it has been accustomed, and the
report recites ''that until more intimate
knowledge of the peculiarities of the plant
have determined its suitability for India
and its hdbjtdt, it would be unfair and inns
polite TO force upon the Indian ryot,
whose bread depends upon his land, the
adoption of a seed from which an adequate
return is doubtful. The experiments are,
therefore, to be conducted by the Govern
ment, and, in the opinion of the Cotton
Commissioners, it may rest assured that
when the superiority of the exotic seed has
been established, the native cultivators
will not be slow to adopt it in their own
interests
Provision and Packing at Chicago.
We have before us the CT rcular of Henry
Wilward & Co, dated Chicago, Nov. II,
from which we extract as follows:
Our packers have been paying higher
prices for hogs than have been current at
any other point, and have been more
moderate in their demands for products
As consequence a large increase in the
receipts of hogs may be confidently anticis
pated, which the packers are we'll prepared
for, as most of the meat yet put into salt
has been forced into consumption after a
few days curing. Opinions seem greatly
divided as to the future of the trade.
through all parts of the country. Tie
farmers, of course, expect high, and TIE
packers low prices. The probabilities
seem TO lean to the side Of the latter, but
they may spoil their chances by rash COM
petition There was too much money lost
last year by such folly to allow of the dig
astrous results being repeated, and it is to
be hoped the packers will be guided by
prudence and insist on having some show
for profit. Up to the present time all the
meat offering has been readily disposed of,
but it is very doubtful whether the packers
have made any money; as our quotations
have been lower than those at Cincinnati,
st. Louis or any of the other packing
points. As soon as the Southern demand
is supplied an immediate decline must be
expected, as there are no inquiries from
any other quarter. Through all the coun-
try it is allowed that the stock of hogs is
large. The official returns of the auditor
of the State of Kentucky show that there
the number was 910, 625 head, agaist 49,
6s5, in 1869, and S33, S07 in 1865. From l
Ireland comes the report that the official
census showed an increase of $40, 900 held ]
on the LIST of May and it was supposed
would be double that by the LIST of NoHem-