Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1881-01-24
OYSTERS and CELERY
Received Daily per Express By
VICTOR ID. FUCHS,
10 and Al Jefferson. II
Moro Ahnnf COtfon.

Ihreo months OF IalAng W~oaVnei'
boisterous winds intermixed with nu-
merous snow storms and unusual
frigidity, has been experienced here
and throughout the cotton belt. Since
the 18th Of October last not a dozen
days all told have been clear or suit
able for field labor. AS a result farm
hands have been in a demoralized
state of idleness, and cotton to the
extent Of from ~one-foursh to me
third Of last seasons entire growth
still remains in the fields unpiCked
through a region of country 200 miles
to the south ofthis. This affords anun-
pleasant prospect for the cotton plant
er, as the blowing season for a new
crop is close ahead, and evenshould the
weather settle, the chances are against
saving much that now remains in the
fields, and this will be of low quality,
weather beaten. full of leaf and dirt,
or badly stained by the frosts, conse-
quebtly of limited value. The tame
condition Of the markets and general
weakness in prices during the past
week is another unpleasant feature,
aud at present is a subject of consid-
cradle comment in the face of the fact,
too, that receipts at American ports
exhibit a marked falling of as com
pared with former seasons. Values at
present show but little variation from
those prevailing at the opening of the
season on the first of September last.
On some grades they stand at present
tc to sc higher, while on others they
are the same, or a shade below, and
middling cotton is now 13c per pound
lower than it was at hi time last year.
AT this j%unctnre it will not be out Of
place to give a few comparative fig
ures on the probable total of the
crop now entering market. Theaggre-
gate receipts, at all ports, now
figure in round numbers $780, 600
bales. After this date last year l.
313, 029 bales entered the market. The
year before, 1927 ,739 bales were re-
ceived after this time; in 1878, 1896
300 bales, and in 1877, 1,Ol9,64O bales.
Add the latter to our present receipts,
together with last years overland
movement, and the southern consump-
ton, and our total crop for the season
would figure 5,633,275 bales. Add
last years receipts after this date
aud It would reach 5,941, 1854.
All appearances bear Indication
that the inside figures will be
nearest the mark. The receipts since
the first inst. at all ports have been
bales, against 5OO,S33 last year
same time; 419, 400 the year before;
6lO,6S7 in 1878, and ABS in 1877,
off Of from $4,000 to $4,000
bales in the period of four weeks, as
compared with the previous four
years. Should the decrease continue,
the estimates of the total crop
will sum up considerably less than the
noted above. 1t is, however,
probable that as soon as frozen rivers
open up and roads dry so that hauling
can be done the cotton receipts at the
ports will pick up, and that they will
reach, perhaps exceed, a million bales
between now and the close Of August.
Dur local receipts, which a few
weeks ago were $4,000 bales in
of last year, have
dropped TO within 15,057 bales Of last
year at this date, consequently it is
not probable that our total this year
will exceed 49, 900 bales or there
The crop movement in this
excites marked atten-
ion among the cotton operators
aud they are watching
The daily figures with lynx eyes,
also viewing with suspicion
The decline in the port receipts. The
fear that larger receipts will shortly
checked all speculative feeling
weeks ago on the other side,
and foreign operators have been dis
to await further developments.
Meantime, the trade at Manchester
and other English manufacturing CEN
ters has been heavy. The exports of
goods from the United King.
for the year closing with the end
December, was 2O.93 per cent more
Than in 1879, and 1926 per cent more
than ia 1878. Everybody in this end
the country is watching the cotton
market, and those with liberal stocks
yet unsold are particularly anxious
it to advance in price.
-@-- /
JOHN WALSH, UNDERWRITERS,
Second Street. 1887,
Fruit, preserves and j%ellies, by the
nound No. q n