The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-27
NEW ORLEANS BULLETIN
NEW ORLEANS, APRIL ~, 1875.
COTTON STATISTICS.

4 writer in the New York Tribune has col
lecsed some highly suggestive facts ant
-igures az to the present and prospective
production O. cotton in both hemispheres
our own crop Of 1874 will be less by at leas
900 900 bales than that of last year. TIL
crop Of 1873 was 100000 bales, which
added to the Egyptian, East Indian and Bra
lillian production, was more than sufficient t,
supply tie demand for manufacture for tn
worlds consumption. AS consequence
prices this year have ruled low, and the stocl
Of raw materia! is extremely large.
Egypt and Brazil are the principal rival
Of The United States for the supply OF The
European market, and the cotton from both
countries commands little higher price than
ours in the Liverpool market. The growth
Of the plan. in Africa, India and South Amer
ia received a powerful impulse when the
supply from the Southern States was inter.
rupted BY the var, nor has this culture de-
creased since We resumed our position as the
largest cotton producers of the world. On
the contrary, the cultivation of cotton outside
Of the United States has been steadily in
oreasng at a rate which is well calculated to
create establishment in the minds of all who
are Interested ia the matter.
From 1896 to 1860, period Of five years,
J,64i 900, 000pounds of cotton of which 4, 3iG,-
VO0, 600 came from the United States were
imported into Great Britain. 10000, 900
pounds came from Brazil and 10000 600
from Egypt.
In the period Of five years comprised be-
tween 1862 and 1866, the British imported
3D7 600, 600 pounds from Brazil and $40, O0O,-
900 from Egypt This was due to the great
falling off resulting from the American civil
var. From 1869 to 1S7f-another period
of five years-Great Britain imported 1929
10000 pounds, Of which 4, 097 OOO. 900, or 2I9-
0o,0oo less than the preceding during quin-
4ennial period, came from the United States
The supply from Brazil rose to 4l5,OOO, 600
pounds, and that from Egypt to 874, OOO, 900; in
other words, the total receipts of cotton from
both countries during the last five years
amounted to ire times the quantity imported in
ahf five years ending with 1860, and to nearly
oae.tt'rl Of the quantity received from the
United States against only one,fJteenA the pro-
portion fifteen years ago.
From these pregnant facts the Tribune draws
.he obvious conclusion that no effort should
be spared TO give the cotton States good gov
eminent, the effect of such parodies on Re-
publican institutions as prevail in Louisiana, |
south Carolina or mississippi, being to in
crease the cost Of producing our great staple,
and to operate as a premium in favor OF our
brazilian and Egyptian rivals. The Tribune
winds up its article in the following words, |
which present material for much serious re- |
dection
That the production Of cotton, under the
circumstances which have of late years at
tended its culture, is not very remunerative,
ID indicated, We think, by the rapidity with
which the crop has been forwarded to the
ports. Those who founded their estimates of
Tie crops Of 1873 and 1874 on the receipts
!. the ports in the first months Of the
season fell into the error of overesti-
mating the supply. During tho whole of the
cotton year prices have been low aud
to the planter. Why then did
be hurry his cotton to the seaboard? Not un-
likely because ne was poor and IN debt, and
vas forced TO sell. When tho article is pro-
luced at loss it is merely question of time
When the production Of it will be curtailed.
Last year the weather was favorable for max
ng a large cotton crop, but we see that the
o,al yield is three hundred thousand bales
ess than that of 1873.
Whether the Egyptian and Brazilian plant
rs are better off than those of Louisiana and
south Carolina we have no means of deciding.
We have before MS the accounts of the foreign
rade Of Great Britain for the first two months
# 1875, from which We learn that the imports {
4 cotton from the United States were 2,15l,-
NO cwts. in 1874, and l 1871. 600 cwts in 1875,
falling off OF 100000 cwts. The imports |.
rom Egypt were 40l, cwts. in
S1, and 100000 cwts. in q
$50, an increase of IS, 900 cwts. and the i'm .
'orts from Brazil were 49, 900 cwts. in 1874
nd 49,, 900 cwts in 1875, m increase of 49, I
oo cwts. The growth of cotton in Egypt and I
;razll is undoubtedly capable of great extern !
ion, and it is a question whether Congress
nd the Administration have not for two or ;
aree years past given powerful encourage :
nent to the increase Of planting in those dis