The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-09-01
COMMERCIAL. =

| COTTON-Thc commercial year commenced
with stock on hand OF I'LL bales, against 625
on September 4, 1872, and = 32S II 1871. TIL
| entire supply for the year consisted Of i2i035
| bales proper, Including corrections from sample
| balings, etc, iG7, i27 bales from other delivery
l ports, and $50 bales on hand 1t the commence
ment The bulk Of the receipts from other DE-
livery ports was sent ere for sale, and conse-
q"ently contributed to the general movement As
well as the re r. ps proper The actual bass tor
the market may consequently b. put down A
about 100, GJ, OF alb Uut % $50 bales more HAN
| tor the past year.
! lie new crop coming in slowly. the total
being only II bales. a sain't 1914 in 1872, - IL
1911 109in 1870, 432 in 1863 and i76 in 1863.
Our first receipts Of new crop this year con
sisted Of a bale raised near Brownsville, on the
Rio Grand, shipped by steamer to l5rt -hear and
thence by rail, consigned 70 Messrs. Gordon 4
Gomilla, arriving here on July 49, which was
three days later than the first Rio Grande
ba last year. 1t is almost unnecessary to re-
mark that these early receipts frcm the extreme
southern boundary OF Texas are not fair midi
cation Of the progress OF the crop in the prlnci-
pal cotton districts Of that State, much less
II the Mississippi Valley or the Gulf crop. In
1872 the first receipt from the Rio Grande
was on July II, and we had none from the
Mississippi Valley until August 4th; last year tn.
first from the Rio Grande was on July lO.h, and
the first from the Mississippi Valley on August
lst, and this year the first IRON the Rio Grandt
was on July 18th, and the first OF our own crop
on August 18th. The subsequent rece pts III
clnded bales from the Rio Giande on July 2lst,
and IL were from the same source on the 29th.
The first from the Mississippi Valley received
by the stea Katie from Baton Rouge, whence
it was shipped by Messrs. Randolph X Bates, and
consigned to Messrs. JOHN |. Adams q Co., by
whom it was turned over to Their factors, Messrs.
Renshaw & Cammack. 1t raised on Nj
HaraIson's plant tlon East Baton Rouge, and
weighed at the clubhouse 500 lbs. The sample ex-
hibIted at the Exchange was Of fair staple and good
color, and gave evidence Of having been well
ginned.
1t was variously classed as Low Middling and
Strict Low Middhng. Under Messrs, Kenshaw X
Cammack's instructions it was off red at public
sale, at the Cotton Exchange on Thursday, and
knocked down at 22c to Mr.. John Cuggy, who
subsequently presen. Ell the bale to that excellent
benevolent institution the House OF Good Shep
nerd, which realized from it by rattle $50. On
the ensuing day Mr. Edward Psbury received a
bale from Victoria, the first from Central Texas
this year, which was followed by another Louisi-
ana bale on the 18TH 3 Oh the II h and on the
18th, since which the crop has Aquite free
~, the dry hot spell Of weather having rapidly
matul the opening bols and giving fair OPP
portunity for picking and ginning.
AS usual there is considerable diversity Of opin-
ion with regard to the probable yield, but both
factors a I'd shpp rs had been inspired with dis
trust Of present appearances, BY tie disappoint-
ments of their cacula tions in former years, and
although there was about the usual tendency to
wager on the result, it was with a wider margin
In the year which has just closed the yield ex-
ceeded the early Northern estimates from $50
900 to 10000 bales, and the Southern figure.
nearly $50, 900. but in the year previous it fell
short Of the former about ,O00,00 bales, and of
the latter about 800 900.
The gross receipts for the three months Sep
te nj OF, October and November, amounted to
80 III bales, the sales to 2J7,'O0, and the ex-
ports to 49, 34I, including 76, l3S i'll November.
Tho distribution Of The exports was as follows,
viz SO 66S to Great Britain. 80, i6G to France,
20, 297 to the north OF Europe, PHI the south
Of Europe, Principally spain, and 80 542 coast
wise, showing, compared with the CORE spending
period in 1872, decrease Of 26 662 bales to Liver
pool, rs 2l2 to france, 1918 to the North
Of Europe, 1881 to the South OF Europe,
and 22.353 coastwise.
In January the movement Of Cotton was less
than in December: but the sales of the week
rndn on the 9th, proved to be the heaviest OF
the year. amounting to 81 900 bales the largest
on any one day being u, 800 on the 9th inst
Dirty and sandy cottons were more than
in previous years.
The following table shows the range of prices
during the principal months Of the commercial
year,