The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-02-01

fifteenth instant. ...-..--..............14e 600
Increass-America and Egypt A.. .sa5. 900
And yet In the face Of this enormously increl,sed
movement prices for American cotton arc now
I'd to Nd da1rar than one year ago This
shows the difference between good trade aud
confidence. and bad trade and want of conf
dence. We should also add II shows the prevail
ing opinion tn Il the movement, particularly In
Amettes. has up 10 date been abuormally large
For instance tho amati mn croo Of last seasnn
amounted to e,o7sooo balsa, and II to this we
ABOVE. we have Ru indicated crop Of s sl3 600
hales. In virw Of such figures It II not surpris-
Ing that many conservatives men In the trade base
their operations on q crop OF b.5ooooo ba es or
over But suppOse the crop IL b.b00.nDO bales.
there must be falling off la the movement at
ihs nors "ah oy1rand from ne ninth
next Of $4,000 bales. We ouraelves. In our an
nual repogt. dated the eeonnd instant, estimated
and "ons do pInx the neTeseh
faCi ites the splendid condition Of thu roads
In the South the fest three or four months OF
this aeaspn and that tho high prices current
duced planters to be FREQ selers. we still think
our crop estimate may b. Considered az fairly
consai vative one and II 90. then the mova-
mant 10 TO the close Of the season must fall off
462 coo bales. But bs Ill this 1t may so far ~
we can as ertatn the gem raj impression hero
seems to be that should the port receipt for
the next ak weeks. say to the close of Febru-
airy, be 100 900 bnles t25 900 per week. less than
tho same weeks last year, It would be followed
q favorable influence on oar market
But 90, sid, ring the increase Of as5. 900 bales
Ia The movement 60 far thts Sc ,san from Amer
tea AMI Fgypt. the quoat ion ~ what has become
Of this great exeess2 American spinners have
taken overland aud from the ports. ABOUT 37o.-
900 bales increase. and some 2so 600 bales has
vleible supply. for on the first of September
last there was a deficit. whereas there Is now an
Fits ,ne en a
10 account Tor. which must be set down to In
creased consumption and increased stocks held
by Eng ish and Continental spiuners.
The following table will show the 90 lsump-
ton Ut Great Britain ~ bales aud In 1000 pounds
for the past seveB years:
In bales. $3.50: :. e'.aao ea4eo 5a.7Io sa.,sq
In 1000 pounds sa9 24,S7 2tsae 24e2y
1877. 1878. 1879. Average
In bales. NJ $50 5000 80 26O 57a3&
In 1000 pounds 1880 a2an 229g5 a. 100
The 40 we are The figures OF the LIVERPOOL
Cotton Brokers' Association II W " be observed
ending with 1876 WAS very large. The out-turn
Of goods and yarns during those four years I'M
di , largely S s1 gee tn. demand IN
Manchester at the cIHas Ut 1879 represented the
product Of some 400 600 to 100000 bales cot
ton than On the tlrat ms ant when g ocks were
y. ars past. When. therefore, We come to con-
slider the 9oods ETC.. that actually went Into
consumption this fact should not be lost sight
Tse consumption OF Great Britain we now
estimate at 81. 600 900 TO 5000 600 pounds per
week, or. say h6 500 to SO 100 bal & IT 440 pounds
each. which was the average last year. On the
continent there hes. doubt. been some in
crease III consumption recently. but not SO
great. we suppose. As in this country.
The Improvement which has taken plaza In
Europe during the past twelve months. al
though not 80 great ~ "a America "a wonder
full. For Instance. the h,iust,e, u lending French
financial organ. gives its usual annual table OF
the total market value Of about one hundred OF
the principal stocks dealt Ia on the Paris
Bourse ut the prices OF the thirty hrst utimo
rs compared with the same date the
previous year. aud makes tho net increase
273s $40 40 francs or SAY fll0 600 900. n Vienna
the ~ principal securities were at the close u
last year as't per cent dearer than one year be,
fore. Combining ENGLAND ana all continental
countri. 8. the advance In bonds and securities
alone now. as, compare' to one year ago.
amounts to perhaps f5on.ooo.0oo. Tnis and Inn
provement In iron. &C. far "utweigha deficient
haI vests. and furnishes q good backbone for
busine 80 for months to come. II we are not up
act by uneasiness ID political circles wars or
rumOrs Of wars. etc.
The stock Of cotton held by Engltsh spinners
We now estimaFo at 1856 600 bales, against $4,000
last year and 100000 the year before at same
date