Vicksburg weekly herald., 1870-04-30
WEEKLY COMMERCIAL AND
FINNTClAL REVIEW.
orrlcE or 7lGy.cEslrRa uERALD,

OFFICE o. TIg N.cEstCRG HERALD,
Ap1! 90, $50,
Business has been slack tor the
week. There !, very little change
to nptc in the mGrkc; generally.
The following is the cotton re-
port lrom the New Og!can, Price
Currcrt Of the 27,h:
TOTAL receipts Oi all ports. 24,NlG,-
81 bg,r, excess over M-t year. 6l2,-
III bales. Foreign exports, l,7lj,-
$50 bales; excess over last year,
jll,G2l. Exports coa,twise, 73l,-
sol bales. On had, 3l3,17l bales.
Gold has advanced and so has
cotton. Ii ,nctus to be conceded
that the largest estimates o! the
present crop will come near being
realized. The following very in
teresling cotton talk we take from
the New Orleans Picayunc:
ESTIMATES oFTHE NEXT COTTON CROP.
As was feared by many, the large
out turn OF cotton this season has
already commenced TO have its ell
iec,s upon the calculations rs to the
/ next crop. Already are some JOUR-
mails putting up their figures TO Tab
ulous amounts. The resources OF
| the South are beginning TO be
viewed as cqualto almost anything
! The Memphis Avalanche speaks OF
a 3,jOO,0JU aud probably a a4,OOO,OJ
bale crop for lS7O.l, with II favoIa'
! bic season. What such an estimate
can be based upon we are at loss
TO discover. there i, certainl!
nothing TO warrant the conclusion
that there can be am increase "
from sixteen 20 thirty.three pei
cent. a single year. Early csti
mates must rest upon average sea
sons, and the ono just closed can
not be taken a. a criterion. WI
are ready 10 cuuCcdc that these sam
arlumentswere put forth last Yeal
aud were proved to Ee unsound
The 'long crop men for ono
have been cnrrcr'. The true est
mate now can only be reached. b
taking the three last seasons iC
gether. The average tor these wi
be found to b. 100 90, # So tax
the incoming crop al three milIio
. bales. But within the three yeal
there has been 4 decrease IN III
. actual number OF freedmen in I'll
fields Of fully twenty. five or ihirt
per cent. To supply The place
these hands. who have aUandonc
agricultural labor or died, the
lag been 40 immigration 20 al
{ extent. The number >! white !
! borcgs tia, have come into Il
y South is insignificant, and only
- - small proportion OF these ma
'e turned their attention to the cuI
: walton of the staple. 1t Is tr
y there has been considerable migI
~ ton from the borders and Atlan'
~ States, TO the Valley of the Miss
u slppi particularly to the Red RiN
IL country. About one hundred tho
T. sand people have thus changed lo
30 80 ton. But the major part of tn
IN were merely transferred from {
nd cotton field to another. Their la'
!. will be more effective in their n
Ue homes, but they are not all prod
ed ing cotton.
.ay With these data before him,
candid inquirer will conclude q
hat with the present supply OF la'
ev three million bales Is an extri
mo dinary amount, and can scarcel'
no. increased. Fertilizers were eX
adj. siyely used during the season
to closed. as they probably ever
art be, and there was no dehcienc
mi. stock aud agricultural implemC
reat Under a radical change in
,ble views of the cotton planters, Il
at could be, in o measure, SUPP
bich by capital, in the use Of the J
the improved labor-saving mach
X to and implements; but we are
ness aware that such change has
the CURED.
VS. lis ofgreat Importance to 81
now ern planters that the Questio
with supply be properly unders'
the and it behoOves Southern jou
..sda N ba cautious In estimating