The Cotton Planters Manual Being a Compilation of Facts From the Best Authorit
The Cotton Planters Manual Being a Compilation of Facts From the Best Authorit
Ties20on20the20culture20of20cotton3b20its2
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Our exports have fallen from 368, 000 bales to 290, 000, and the stocks on hand the 1st of October, were almost exactly the same as last year. The purchases at Havre for the first nine months of the present year have been 249, 000 bales, against 290, 000 in 1849. From these figures we cannot estimate the consump- tion of American cotton for the present year higher than 300, 000 bales, against 351, 000 for 1849. No advance on this can be expected for the next year, nor is there any reason to ant...icipate any appreciable decline. For the rest of Europe, we have the exports from the United States for the present year, 194, 000 bales, and the exports from Liverpool up to October llth, 193, 000 bales. The whole English exports of 1849 were 254, 000 bales ; and as their amount on October 12th was 21, 000 more this year than last, the whole exports for the year from all the ports will probably reach 275, 000 bales, making the total supply from these two countries of 469, 000 bales. As the stocks on hand on the continent last year were very low, it is impossible to reduce them much lower.
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