COTTON-WOOL. 



207 



was packed according to your usual method, was Bombay 

 considered by some of the dealers to be superior ^ ^^^^'^ 

 to that usually met with in Surat cotton : the 

 colour was approved and the cotton was suffi- 

 ciently clean. But others were of opinion that, 

 although on account of its superior colour such 

 cotton would be preferred for common purposes, 

 yet, owing to the shortness of its staple, it could 

 not rank higher than the very ordinary descrip- 

 tions of upland Georgia cotton. 



7. The average price which the bales that had 

 been press-packed to the usual density* produced 

 at our sales, was five-pence farthing per pound, 

 which was also the value of ordinary Upland 

 American cotton at that time. The first cost was 

 Bombay Rs. 105. 1. 35. per Surat candy, which 

 with charges of packing, &c., gave the invoice 

 price of Bombay Rs. 138. 0. 64. per candy ; and 

 if three per cent, for sea insurance be added to the 

 invoice cost, and the freight per Elizabeth of 

 £5. 15^. per ton be deducted from the sale price, 

 as also two per cent, for the charges of manage- 

 ment in London, the remittance afforded by this 

 thomil cotton amounts to one shilling and ten- 

 pence three-farthings per Bombay rupee. But this 

 favourable remittance is in great part owing to the 

 low rate of freight. If it had been consigned to 



London 



* Pounds of Cotton in a ton, per Elizabeth, press-packed, 

 1,381. 



