Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-08-06


cheapest cottois Ii market, such as hose
OF Madras, Bengal and Bombay. The de-
probation in England forces correspond
ing depreciation of low and dirty cotton
elseNhere-At home, on the Continent, or
wherever 1t finds use. It is not sxtrava-
giant TO estimate loss of I'D per ID. on
1000, 900 bales of the crop OF 1872 by this
grave misfortune Or fault of the planters,
and that amounts TO over fourteen million
dollars in gold. The entire loss by the de-
probation consequent upon the average
low grade of the crop, and upon bad hand
ling and packing, the grea'er part OF which
might have been prevei ted without materi-
al reduction of quantity, has more likely
been equal to twelve millions or more to
the producers and eight millions TO export
ers or others to whom the cotton was first
sold, while the amount OF reclamations for
mixed and dust packed bales, and the
trouble to factors and dealers caused there
by, are together something frightful to the
contemplation of the latter classes of meg-
chants
GREAT BRITAIN's SUPPLY AND DE-
LIvERIEs THIS YEAR.-The increase in
the proportion of American and the dimi-
the English cotton supply of 1873, as COM
pared with that of 1872, is illustrated In the
cotton deliveries to the trade" from Liuer-
pool during the first twenty seven weeks Of
the respective yesrs, which were
1872, 1,613, $50 bales, 59l, 465, 900 TBS per
bale 1857 lbs; 1875, 1896, 230 bales, 693, 402, )
600 fb' per bale 1913 Tbs.
Showing that while the number of bales
taken in 1873 has been 1890 less, the
number of pounds is Al ,937 900 more. of
course the actual increase Is that expressed
in pounds, and that is equal to 109,756
bales of the average weight of the two years.
The deliveries TO spinners for the whole
kingdom were as follows CT weeks in 1872
sgsinst 26a weeks in 1879:
1872, !, $4,000 bales, 604, 040, 900 lbs;
average per bale, 367 lbs; 1873, 1883, 900
bales, 637 100000 fbs; average psr bale,
400 lbs.
Those who observe the statistics of the
trade will take interest in the inquiry,
whether the cotton taken by the trade this
year is more or less than the actual con-
sumption for the same period, as the an
swer to this inquiry determines the increase
or dim mutton of the quantity held by
spinners Jan. /, and will help to guide
opinion as to the duration of the supply
now in En-. land, or ut Sea for England.
Because of The coal famine and other ad-
verse conditions the English consumption
IF cotton was in the earlier weeks of this
year reduced below the average of 1872.
A decided improvement in the trade began
in March, which was progressive in sue
ceedicg months, and since April spindles
have found nearly or quite full employment.
A considerable charge in the production to
coarser ysIns has been reported, witch
would require large consumption of cot
ton on the same number OF spindles. 1t
should be remembered, however, that in
the first 81 weeks OF 1872 there was no
check whatever to the full employment Of
all spiudles, the first reduction occurring in
the autumn. Therefore, after making
allowance for increased use OF coston this
year by lower counts of yarn produred, II
appears safs to conclude that the average
weekly consumption in the first half Of 1879
has not exceeded the average of the whole
year 1872, which wss 22,600,000 fbs pei
week. That rate for the first 26a weeks oil
1873 would make total consumption Of
598, 300, 900 lbs, or 3S,900,000 Tbs less then
has been delivered to the trade. II We
assumed rate of five per cent. larger than
that of 1872, and make it 62S, $4,000 b:
for the Il weeks consumption, it is still
$685., 900 lbs less than the quantity taken
by the trade, and the surplus, larger OF
smaller, has been added to the "stock held
by spinners."
BOMBAY SHIPMENTS Accoi ding to oul
cable dispatch received to-day, there have
been 1000 bales shipped iIom Bombay tc
Great Brian, the past week and -
to the continent, while the receipts at Bonn
bay, during the same time have been 2,OO(
bales. Compared with last year there is
decrease This year in the weeks ship
ments from Bombay to all Of Europe of 5,
600 bales, and that the total movemen
since Jan. shows an increase in shipments
of 10000 bales compared with the cores
ponding period of 1872.
VISIBLE SUPPLY OF COTTON MADE VI
BY CABLE AND Observation-Disclosures WI
give our table of visible supply, made u
by cable and telegraph tonight. The con
tinen;al stocks and afoat are the figure
of last Saturday, but the totals for Grea
Britain are this weeks returns, and con
sequently brought down to Thursday even
| ing; hence to make the totals the complet
figures for tonight (Aug. y, we add th
item Of exports from the United States
including in it the exports Of Friday onl
| for Great Britain, but for the continent th
exports for the entire week.
1873. 1872. ISL.
| nn0