Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-11-09
Southern Bonds i'm New York.
The Cotton Movement.

The New York Financial Chronicle has returns
showing the receipts, exports ETC., of cotton for
the week ending Nov. 3. From the figures thus
obtained it appears that the total receipts for the
seven days have reached 96,7OS bales against g.
500 bales last week 50 53S bales the previous week.
and 64,09 bales three weeks since, making the
total receipts since the first of September, 1871,
459, i'll bales against 542,745 bales for the same
period of 1870, showing decrease since Sept. J.
this year, of 6, 634 bales. The exports for the
week ending same date reach a total OF 35,76s
bales, of which 80 100 were to Great Britain, 2762
to France, and 2,S76 to rest of the Continent,
while the stocks are now 263, 1O1 bales. Compared
with the corresponding week of last season, there
is a decrease in the exports this week of So, $50
bales, while the stocks are 15, 299 bales more
than they were at this time year ago. We clip
as follows from the Chronicle :
INDIAN COTTON CRoP.-On the whole the
mail reports with regard TO the Indian cotton
down this week to Sept. 80 for Bombay and Sept.
q for Calcutta. Messrs. Finlay, Muir & Co., in
their Bombay circular of Sept. 80, say:
The information from up country is still in
sufficient to admit of an accurate estimate being
formed as TO the probable Outturn Of the growing
crops In Bombay the weather has become very
hot. The rainfall to date is about ten inches less
than in any monsoon since the very short one of
Berars the crops are in a good state, and we
think that except in some of the western districts
the yield will be good one In Khandeish the
decrease in acreage planted is roughly estimated
in many talookas at over 30 per cent and the
plants are undoubtedly backward. From ShOla-
pore yesterdays advices were more favorable,
but the planting was small and late. In the
Breach district and throughout GuZerat, Katy
war and Clutch generally the crops look well at
present, but there has not been enough rain to
provide for the future nOurishment of the plants,
and unless further fall takes place the ultimate
yield may be much less than present appear
ances promise. The next few weeks is therefore
very critical period, and rain after that would
seriously damage the ripening cotton. In Dhar-
war the weather is still threatening, and we think
ON the whole the prospects there are pretty good
During the past two days there have been some
heavy rains on the coast, which we hope may
come up and help to increase our supply.
Messrs. w. Nicoi Il Co., the week previous
(Bombay Sept. 49, write: ''We have had very
little rain in Bombay during the past week, but
accounts from the districts continue on the
whole encouraging. Nothing of special import
has transpired, however"
With regard to Calcutta and the provinces
tributary to it, Messrs. Wattenbach, Heilgers &
Co., under date OF Calcutta, Sept q, write very
favorable as follows: -..
The critical period for the growing crop is now
Just approaching, and, so far, the reports we
have received from the producing districts are
unanimous in declaring that much larger area
has been sOwn this year with cotton than last
year; and that the individual fields in nearly all
districts will give an increased yield, if dry
weather at once sets in, which it promises to do.
In the earlier sown plantations the pods are
formed and will be ripe for picking the beginning
OF next month. The greater portion of the
plants, however, are only in flower, and will
quire further fortnight to mature. Equally
good accounts come to us from the Native States,
JeypOre, GwaliOr, BhuTtpOre, KerOwlee and
TOnk, and we consider that crop as large at all
events as last year may be reasonably expected.
As a result of the foregoing it would appear
that present promises indicate no falling OFF in
the India crop this year.
VISIBLE SUPPLY OF CoTToN.-The following
table shows the quantity of cotton in sight at
this date Of each of the two past seasons: