Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-05-25
THE COTTON TRADE - Pies
PEtsrS Of THE NEW CROP. !


The receipts, from Sept. |
1, 1869, to the close of last week, reach
2,7l9,000 bales, against 5000, 600 bales
for the corresponding period of last year,
showing an increase of 35 per cent.
There remains but 2S1, 900 bales yet to be
received to bring up the crop to 5000, 000
bales; which would require an average
of 10000 bales per week from now to
Sept. /. The New York Bulletin
says: Considering that the average al
rivals for lie last five weeks have been
~, 800 bales, and that those for last week
were "A, 600 bales, the question is not SO
much whether the receipts for the re-
mainder of the cotton year viii reach
this 10000 bales, as whether they will
not exceed Chat average, and so carry up
the total crop beyond 5000, 600 bales.
Last year, the receipts between
May 20 and Sept. were 40, 600 bales,
or an average of $4,000 bales per week.
The same ratio of receipts for the same
period this year would bring up the total
crop to about S,140, 900 bales; so that we
may have liberal falling off in the ar
rivals for the next few weeks and yet
realize an aggregate crop of 100000
bales. The stock of cotton at the interior
has declined from sc, bales on April
l, to 80, 700 bales on May 90; the decline
during the same period of last year was
from ", 700 bales to 81, 500 bales, from
which It viii be seen that the reduction is
much less this year than last. Atpresent,
the stocks at the interior are IS, 200 bales
higher than year ago; which is an indi-
cation in favor of the future receipts be-
ing well sustained, as compared with last
year.
The exports TO foreign ports amount to
/, 1884, 1913 bales, and the stock on hand at
all the ports reaches 316,O 600 bales. The
stock on hand in Liverpool Friday
evening is estimated at 500, 900 bales, Of
which 1884, are American. The re-
ceipts of the week have been 121, 900
bales, of which 50, 200 were American.
The stock of cotton at sea bound to that
port is estimated at S11, 200 bales, of
which 122, 600 are American.
At this season, there is necessarily much
uncertainty as TO the probabilities of the
growing crop. 1t is generally conceded
that the area planted materially exceeds
that of last year. Yet, at the same time,
there are possibilities connected with the
weather which render it uncertain whether
the labor supply is equal to perfecting the
whole crop planted. With rainy weather
for the next few weeks, the growth
of weeds might prove so heavy that
sufficient labor could not be secured
to clean the land, and in that event GER
tain portion of the crop would be lost.
The New York Financial Chronicle
very properly says: "T6ere is an evident
disposition to look at the area planted and
then pass directly 6vcr 80 the autumn,
and with fine weather at that period TO
expect large yield; whereas, unless we
have favorable summer, so that the cot
ton may come up and develop ''even, ="
and chopping out and first and second
blowing and cleaning be timely, the labor
supply would find it impossible to handle
the crop, and it would be short, notwith-
standing the autumn was splendid and no
frost till January. Hence we say the
first question must be, what is the amount
of land under cotton taken into the mid
die of July IN good condition. Settle
that point, and then one very important
step in the progress of the crop has been
secured. But the planting of more or less
land is, with our present supply of labor,
of little significance until that point is
reached
The New Orleans Pjc0y,mc of the 2lst
inst. states.that appearances are very ia
vorable for the growing cotton crop. \
good stand has been secured, ard an in
creased acreage put under cultivation, but
the cool northers which have prevailed of
late, have dried up the ground, and the
young plants are stunted. This is, how
ever, only known to be the case in Mis-
sissippi and Louisiana, but the season
throughout the South is very backward.
Though the backwardness of the planting
season may affect the yield by retarding
the opening of the bolls and shortening
the picking season, yet the experience of
last year shows that favorable weather at
the close of the season is even more de-
siraOle than in the spring. 1t would be
the safer policy, however, to discourage
outside estimates, and we heartily concur
in the following remarks of Messrs. w.
p. Wright & Co. in their New York cir
cular of the 10th inst:
W Z Dt4lCNC lllt ilOSilCCb - ldhbIdDlC
so far, and we are having more genial
weather and much higher range of
thermometer than at this time last year.
We again call the attention of the trade
to put no faith in the exaggerated esli-
mates for this years CROP More land
will be undoubtedly put under cultivation,
and there will be some increase in labor
but after all the extent of the crop de-
ponds entirely upon the weather-the
date of frost and the length of the pick
ing season. We know that in one year
a frost on 18th April cut off 100000
bales. We know of another year in
which frost, by 10th October, cut off fully
as much. The crop of 1S6S-G9 was
seriously curtailed by the ravages of the
worm. On the mere chances of accident
of some kind, it would be unsafe to eN-
pect as much cotton this year as was
made last year.
The annexed table, which the Plea
yune says has been carefully compiled !
from the most reliable sources, is of high |
value in estimating the influence of an |
early and late season on the amount of |
the crop. 1t shows the dates of bloom |
and frost, the length of the season be-
tween bloom and frost, and the crop up |
to 1860, when labor was such as 20 be /
completely under control. The average |
length of the season was four months and |
twenty-one days, and it will be seen that
the amount of the crop was greatly de-