The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1875-05-07

COTTON STATISTICS New York
World hns m editorial article on the cot
ton supply, cmbodying some valuable
facts, which will be Of interest to our
readers:
The total receipts of cotton MT the
ports from the lst of September, 1874, to
the 24th of April, 1876, were 1884, FOG
bales, and for the corresponding period
of last year, 3, 544, 6I5 bales. This shows
decrease in receipts thus far in 1876 of
26O,9 bnles. The total shipments to
foreign ports from the LIST Of September,
1874, to the present date, amount to
but 2.225, 239 bales, against 2,A24, ZIG
bales for tho same period of Inst wear,
showing decrease i'll exports of 19S, 977
| bales. At first sight, it seems surprising
that shipment of cotton short by nearly
200, 600 bales, together with the prospect
of short receipts from this dnte until the
new cotton year in September, MS COM
pared with the same period of Inst wear,
should exercise so little influence on tho
| price of cotton ut home and abroad; for
cotton is to-day fully ! cent pound
cheaper in Liverpool than lust ycar, and
q cents pound cheaper than in 1873.
The explanation. however, is readily
found i'll the dullncss Of tho market for
cotton goods and in the diminished con
sumption Of cotton by foreign ns we'll us
by domestic mills. The shipments from
the United States to Europe from the
LIST of September, 1873, to the 2Gth of
April, 1874, amounted to 2,424, PIG bales.
The stock of American cotton in Europe
and nilont was ut that time 1,2i7, 900
bales, showing that Europe used from
the LIST of September to the Goth of April,
1,177,2l6 bales of American cotton. Now
let us turn to the present cotton year
We sent to Europe from the 1st of Sep
tember, 1874, to the Goth Of April, 1876,
1925, 239 bales of cotton. On the 2Gth of
April, the stock Of American cotton in
Europe and atloat was 1,l42, 900 bales,
showing that Europe consumed 93,977
bales less of American cotton during
this: period Of nearly eight months than
during the snme period Of the previous
year. In other words, the unusual stag
nation of trade in cotton fnbrics made
our short shipment-short by nearly
100000 bnles-less felt than it would
have been if the ordinary amount of
business had been done. But dull as
the cotton trade of Europe has been,
with the consumption short by nearly
100000 bales in eight months, it 10
nevertheless true that the visible supply
Oh American COttOn IN StOCk IN Europe
and adoat is diminished by some 40, 600
bales, as compared with the same period
of last year. And it is but reasonable to
assume that should thero be merely an
indication of a revival of trade in cotton
fabrics in Europe, which will naturally
run chiefly on the American staple, the
short supply from here would at once be
felt. The present cotton crop was over
estimated by 400, 900 bales or more, for
lit. was at one time supposed that the
,suppIyi would reach 4,833, 900 bales,
whereas the most ganguine now reduce
these figures to $3.50, 900 or to 3,S0O,O 600
bales. II. follows, therefore, that. the
hopes for a plentiful supply of cotton
during the last four months Of the pre-
sent calendar year depend entirely on
the new crop, half of which is not yet
in the ground. The. vfcissitudes of the
new crop will, therefore,, be watched
with great interest If q revival of trade
should set In here and in Europe, not
only an average but plentiful crop for
the year 1856 would be required to
make good the comparatively moderate
supply now on hand.