Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1882-09-01

from other sources were fun 10000 bales
more than his estimates. Early in Janu-
airy Ellison reduced his figures 70 35SSO00
bales.a AS the amount necessary from Ameri-
ca, owing 20 large additions ia the receipts
In Europe from India and Egypt etc,
and these figures proved to be much closer
tothe real movement than his earlier esti-
mates, The latter were calculated so as
10 leave the visible supply at the close OF
the year aiabovt the same As at the close
Of 1881. The present visible supplv Is.
however, nearly 0 1000 bales less than At
the opening OF the last commercial wear.
IL Is at present I666S bales more than in
1880. aud 36I,l bales in excess Of 1879 at
this time. Z
The actual weekly demands ofthe trade
has been about 1900 bales per week
during the past year, distributed 1877 to
Europe aud 5000 TO America, the South
ern consumption being about 1900 bales
per week. against 1880 per week last year.
The last season opened with a total visi-
BILE supply Of $4,000 bales, and 10000
bales more than the previous year. The
stock IN this country was 248000 bales, and
i6,OO in excess o. the year before. The
bulk of the supply in America and much
OF the American cotton abroad was low
cotton, 1t being the remnants Of "A crop,
though the largest ON record, vet gathered
under the most adverse circumstances AS
to weather ever before experienced. and
the value Of this cotton was greatly re-
dueed by its dirty, trashy condition.
The net overland cotton movement for
the first four months of the present COM
mercial year was 373,5l0 bales, and 357Sl
bales more than in 1881 to the same time.
The total Of the crop then in sight was
1902 l4i bales, and eS,7lb less than the
year previous ut the same date. Northern
spinners had then taken l,0O9,99 bales, an
lnerease over the previous year OF 1885,
SSl bales.
The net overland movement OF cotton
for the nine months ending June lst, NJ
which time 5,2l7, l4l bales Of the crop haC
gone into market, was AL 1873 bales, 4
total decrease compared with the previous
year of 81 800 bales. The decrease from
the previous year at that time WA 100.
yOl bales, and 1857, 226 bales had thei
been taken by Northern %spinners, Will,
Southern spinners had at the same tim,
taken 224OO0 bales. The decrease of i'm
ports to Europe the past season, as com
l"iNu Mltu thc previous year. mas Dttl
over a million of bales, the total foreign
shipments having been for the year jus
closed a little over three and "a hal
millions of bales.
The overland movement to the lates
dates foots up 46S,i29 bales, and 4l,8l
bales less than last year. The total Of tn
crop in sight was 5,855,674 bales, an,
l,2O0,64 balesle than last year. 1t /
expected that the summing up win Civ
the total at about $4,000 bales and ON.
], 1900 less than last years total.
The interior cotton movement the pas
season On the first of June gave the Cair,
and Nincennes railway route l49.4 40
bales, of which nearly 6 {, 1000 bales wer,
carried from this city, and IS, $50 NOR,
than last year. The Cincinnati Southern
carried 10000 bales North, and 500
more than last year. The Louisville anC
Lexington railway carried $1,000 bales
10, 797 more than last year. The total ex.
cess Of the three routes exceeds 1000,
bales, while the Illinois Central and tn,
routes opposite and above st. Louis ex,
hibit a decreased movement of ll5,0Ot
bales.
American Cotton Consumption.