The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-25
COMMERCIAL MATTERS.
Liverpool Cotton Report.


We take the following from Messrs. Y. =.
Watts 4 Co.'S Weekly Liverpool Circular dated
April9:
The Position etc.-The general position o.
<he market seems to be more favorable ZOE no:u
ere now than for some time past. so lar AZ sya u
tics are concerned; but the question rs: "na'
reliance can be placed upon statistics Z. o.
The receipts at the American ports ny. ha,o, -.
some We eks past. been even smaller than was
generally expected They are now 20, ooo bales
aess than to this date last year san
the shipments to Great Britain are only oOoO
bales behind last year, and the actual import
since the commencement OF last season NAS' 0oP
tember) are IS, 900 bales IN excess.
The same general features that have charac-
terlzed the movement of the American crop this
season have characterized the movement from
nearly every source OF supply; an u az paSoa
less than last year, and yet the actual import INTO
Liverpool from the beginning OF the year 10 date
IL only some 1000 bales less than TO correspond
ing date last year. The shipments from bonloay,
We have reason to believe, will this season turn
out to be some $4,000 to 100000 bales less than
last season yet verpool has actually received
since LIST January last ~ 1000 bales more from
all India than during the same period last year.
Turning from Liverpool, and taking INTO &C.
count the entire movement OF cotton ut all the
English aud Continental ports we ma that the
actual import for the first Six months OF iast sea-
sOn-viZ: from lst October to lst April was
only about GJ,UUU 10 IU,uUV DdlcS Id hSi C1nAA A
ing the last SIX months OF the season but we
think it not improbable that the actual import
for the last Fix months Of this season-that Is to
say, up to tie Ose OF september next-wlll 1all
from 500, 600 to 100000 ba.cs behind the corre-
spending period of last season. In other words,
the small shipments that are likely to be made
from An erica Egypt and India for the next six
months seem clearly to indicate q very heavy re-
.duction in European stocks next fall, and coz
sequent improvement in prices.
K,,t fha hi Actual
statistical position be offset by the question Of
prospective supplies! Already it il currently re-
ported here that there will be considerable in
crease in the acreage planted in cotton in Amerl-
Gu this spring, aud to-day there are sellers: but
no buyers Of new crop mot yet planted) at about
SD basis OF Middling, September October ship
ment. per sailing vessel which makes it to the
interest Of holders to sell cotton on the spot ana
buy these distant shipments, il they have conf
dence in the upward tendency OF prices This In
.clinatin to sell new crop shipment has been ma
terlally strengthened during the past few days oy
the downward tendency ut New York OF future
deliveries, which is supposed to Indicate good
weather and active excrtlons on the part OF the
planters to grow large crop. 49,
As to the actual acreage to be planted TINS
season, it is Of course, impossible as yet 20 !orn
a trustworthy opinion. The report OF the Agri.
cultural Bureau was last year discredlIed ~
many engaged in the trade, but as the csop, o.
1915 now promises to be ry much smaller
than was generally anticipated three or fou!
months ago. its next report which we may expec
ITO receive about the middle Of June, will doubt
less be generally accepted as correct, ana nave
its due influence upon tho course OF prices