Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1881-12-05
LOCAL COTTON MOVEMENT.
Oar Receipts and Exports as
Compared with Last Year
Condition of the I'm
marketed Crop.

The receipts ofcotton in this mar
ket are now 2O6,s26 bales and only
1,109 bales less than last year at the
same date. The routes of its coming,
counting from September LIST to Fri
day last, we're as follows; By the M.
a. c. r. r., 1851 bales, and 2,311
more than last year. By Miss. & Tenn.
r. r. 21,592, bales and 1898 more
than last year at the same date. By
river steamers 62,745 bales, and
23,5Ol bales, ahead Of last dear. By
the Little Rock road q, 259 bales, and
22,372 less than last year. By NJ.
& P. road, 1854 bales, and IA less
than last year, and by L. & Nash.
railway 22,597 and 6,9l3 less than last
year at this time. The total decrease
by the three last roads this as COM
pared with last year is 3O,O29, and the
increase by the first named routes
3S,105 bales. The remainder ofour
receipts were by wagon.
The foregoing exhibits the changed
courses of cotton transportation.
While receipts from west Of the Mis-
sissippi river show the largest de-
crease, the gains from the shores of
the Mississippi more than make up
for it, and the increase over the Mem
phis & Charleston railway is also con-
siderable.
The shipments to date also exhibit
various changes. The Louisville &
Nashville road has carried away
1886 bales this season, an increase
over last year Of "a, SIS bales. Steam
ers north have carried out 31,4O9
bales, an increase of25,054 bales. All
other routes show a falling of as fol-
lows: NJ. & @. railway 20,049 bales,
decrease 1905 bales; M. & 7. rail-
way 1920 bales, decrease 1881 bales;
steamers south 1890 bales, de-
crease 1861. The total shipments
to Friday last summed up III 1874
bales, and we're l4,744 less than last
wear al the same time.
In the country lying to the north
ward Of this market the picking sea-
son is over, and more than three
fourths of the Gotten gins have ON
pleted their seasons work and are
now idle. 1t is estimated that from
three fourths to n-eighths Of the
entire crop has been forwarded to
market.
To the southwark the cotton is also
cleanly picked. Various planters
from the river valleys below, pass
ing through the city to-day on their
way to the Atlanta Exposition, report
their seasons work over, while others
say they have half a dozen to a
few dozen bales yet in their fields. 1t
will all be out and in market before
the Christmas holidays, and is the
earliest gathered crop known for many
years. The general expression is that
it will find its way to- market equally
early, and that receipts will soon begin
to drop off rapidly.
Many Of the planters alluded to are
firm in their convictions that the price
Of cotton must advance in the near
future. The planting community are
generally inclined to bull the market.
They have plenty Of company this
year, for various prominent buyers,
who are usually on the bear side, en-
terrain similar opinions.
Telegraphic adviccs from various
parts Of the Southern cotton belt, up
to the close oflast month, and extend
ing from Mobile, Ala, to North Caro-
lima, also TO Texas in the Southwest,
express the belief that the total de-
crease this season, as compared with
last, will be about one.third. The
expressions given range from % to 80
per cent. decrease, and they make the
average as above stated.
A full line of Toilet Waters
and Cologne at
j. J. Miles Drug Store,
ln0 vnaEw. enannn TO4