The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-09-16

The Financial Chronicle OF late date
gives an exhaustive report on the cotton
crop Of the United States and from which
the following extracts are taken:
The total crop this year reaches 7,0l7-
707 bales while the exports are 4,GSS,9Sl
bales, and the spinners' takings are 2, $780,
294 bales, leaving stock ON hand at the
close OF the year of Isl, 225 bales.
The total. receipts at the Atlantic and
gull shipping ports this year have been
$500, 632 bales, against 8, 1920 624 bales last
year, and 5, 1896, 6S6 bales in 1886; and
that the exports have been 4,63S, 9Sl bales,
against 4,45S, 1926 bales last season, and
4,343, 00l bales the previous season, Liver
pool getting out Of the crop2, 703, S43 bales.
II now we add the shipments from Ten
nessee and elsewhere direct TO manufact-
urers, and southern consumption, We have
the following as the crop statement for the
three years:
Year ending September l.,
1888. lSSi-SI. lSS1-SG.
Bales. Bales. Bales.
ports ',.,...,..... 5,CO2, oS2 6S9O,G2i 6,socGsa
Add shipments from
to manuiacturcrs......- 97l.7O2 795,O7O sI3,529
Total ......,........... 657iS3i 6ll569i 6,21o,2l5
Manufactured south, not
included above. ........ ii3,373 $1,000 $4,000
Total cotton ropior
year.-............ T,0l7,707 6,5S,623 65jo,2i5
The result of these figures is total of
70l7, 707 bales as the crop OF the United
States for the year ending August 81, 1888.
With regard TO the marketing through
the southern outports, the changes In per-
centages have not been very material or
due TO any exceptional special cause. A
year ago Charleston lost by reason Of the
earthquakes, which began just as the
| season was about to open. Ii was Sc
we're setback, but the port has already re-
covered large part Of the amount so far
as number Of bales is concerned, though
in percentage OF the crop the loss is more
marked. This loss at Charleston is most
likely due to the late rapidly improved
railroad facilities in connection with Sa-
vannah, which have brought the total
marketed through that port to a larger az
grcga,e than has ever been reached before.
Savannah's gain is also in part due TO Mo.
| bile's loss. New Orleans has marketed It's
full share Of the increased crop
We have secured MS full a census of the
southern cotton mills in the particulars
sought as can be obtained. The number
OF mills in operation have been 235, hnv-
ing l,l77,00l spinning spindles, against 2lg
last year, with l,098,662 spindles, and l6t
in lS79-the census year-with 56l, 1850
spndles. In addition TO these. there are
now IL more mills almost completed, and
about 30 more actually building; while We
have reported TO us by old mills 203, 0OO
new spindles. which, they state, il is their
intention to put in in the coming year.
Taking these facts in connection With the
figures OF actual consumption-iI3 500
bales Of 1921 pounds net weight this year,
against 303, 100 bales Of iJ0.SS pounds net
weight last year, and 1887 bales OF 4Gl
pounds net weight the census yeat-ono
obtains an extremely gratifying exhibit OF
the progress made and making in this in
dusiry In the south. The aggregates OF
our detailed returns, arranged in States, arc
~ follows