The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-02-10
THE NEW ORLEANS DEMOCRAT TUESDAY FEBRUARY TO- 1880
this date last rear. II L. this increased margin
In favor Of epinners that has led to the demand

this date last year. II IL this increased margin
in favor 81 spinners that has led to the demand
On the part Of operatives Of On advance In
but what influence ID All this having on con
SUMPTION In our last report we gave table
had for the past seven years averaged 10 100 900
pounds OF cotton per week: and further. that
the stock Of goods and yarns had. IN the mean;
Post ' Of this date says: "A very large possibly
an unnrecedentedly arge-eonsumption ts now
aoinR on SUPPOSE. We put the rate 81 eon
thirtleth III september next at ~ 100000. pounds
at IL generally supposed to be eonatherahly
larger At presently, It would be only J. = per cent
larger than the figures OF 1916 and bA per cent
larger than the average of the last seven years.
aud does not look to be unreasonable when we
The smnes ~ nd dnd ~ a amost @
amplad depression ID trade through which We
have passed during the la.t three or four years
Now consumption Of abhoo.ooo pounds ner
weak in Great Britain Ia equal to zoo bales
per week ~ 400 pounds each:
hut how about CONSUMPTION on the Cont
pent2 There are some who seem to think It ts
on the decrease because the shipments thence.
from America. 90 far this season tirHt Of Sep
tember to sixteenth Instant were 10000 bales
laaa than during the same period last season
hit this has been more than Offset BY Increased
shipments Themes from Alexandria and BON.
bay from which ports the excess from tne l'rst
ed TO 81, 600 bales. as COMPARED with list season;
equal In pounds weight TO about a1a.o, 5aes q, 81
American cotton. BESIDES. nOtWIusthluihk hii
the drawbacks to trade to which we have re-
ferred, ronaumption on the Continent has for
the last i've years gradually Increased the IL.
crease, according 10 the Annual Review -
Maears. Ellison n %. of October last having
ranged from 1.95 to to 4ga per cent, or an aver.
age Of 90 per cent per annun for the last hye
years. Now consumption on the Continent In
1888 according to the same authority. aver
aged 1871 900 pounds per week; allow Tor an
increase Of $50 per cent THE season over last
aeaHon and the weekly CONSUMPTION would pc
| 20 .es2 900 pounds, equal to si,70o bales OF 400
pounds each
From the foregoing 1t will be seen we arrived
Al. an estimated consumption for the season end
Ing thirtieth September next OF 62,50o bales Ia
Great Britain aud b1,71g bales on the Cont
nept or tot al Of ia 400 bales OF 400 pounds per
week. an Increase Of 10 s2s bales per week, or
bl7 400. Of 400 pounds. increase over 1879 Now
this increase, II should b., observed, refers only
| TO Europe At present the popular ESTIMATES
Of the. increase In the co!nsumption q Amsri-
| can thla a. compared with last season. range
from $50 600 to 100000 haleH put II 400 GOO balee
az 44s pounds, and II IL equal tg 9a2t0o bRlee 81
| 400 pounds, making the requirements OF Eu-
rope and America In round numbers ITO 600 bales
| OF 400 pounds more this than last season. We
| have not space here to enter Into the question
| OF supplies, nor OF the increased stocks, which
| II may be necessary to have In order 70 avoid
al al 4 corner az We had here In October last.
The stock Or cotton held BY English epinnere
va now estimate at 49, 300 balee. againet 1873 900
laat year and $4,000 the rear before at the came
date.