The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1871-09-13

sponse to tho increased sales Eannd;,I
higher prices at liverpool, which ap-
peer to have been induced by the
reports in regard to the crop sent
from this side.j The associated press
have telegraphed over tho country
that caterpillars are destroying the
cotton plant, and this statement, to.
gsther ith tho fact that the rains of
late have been frequent and exces-
sive, in Some sectiohs having been tele-
graphed to Liverpool, Formed the
basis Of the rise in prices. Cohsump b.
tion@in Eufobe ahdtG country is, In
fact, 60 large OF present that the mar.
ket is very sensitive to the least ads
verse rumor Of tho kind referred to.
We learn this week that late re-
turns indic,to that our Nor thernl'
mills arc now e,nsu'ning fully ,l0,-
900 bales per week, aud 50 long as
this ia the o.so, and liverpool dispos-
es ofT5,0 600 bales per week for con-
sumption and export, as during thy
pat week, we cannot be SURPRISED at
the effect ofrepprts which state that
the supply from this cuuntrSto be very
materially curtailed. Fortunately
these newspaper reports uf destruc-
ttun from the CATERPILLAR Arb at least
premature, and this conviction has
shown Its influence In CUR market tus
day by decline IF ic. frpth tho
highest prices Of yesterday, aud
the close to-day Mas quict ut thB
decline, the total sales for the day
rtaohihg ouly 8s3 bales: Holdeis
are betoming rather more timid If
late, anti GENERALLY the offerings
hive betn abhndant Mt the outrent
rhte. This timidity Arises frBm the
near approach of tho period when the
new crop will begin to be sent for
ward, and the fear that the improve
mcnt in prices will load planters to
market their cotton early aid freely;
and thus prices will be forced down
below their present level. For for:
ward delivery thero hns been q very
active movement with wilder fnc-
tuatiohs in prices than for spot
cotton, but at tho close the rates show
only about the sathe improvements"
From Eastons New York Cotton
Circular, VIC learn that the following
report was Issued on tho 25th of Au4
gust:
WAsH'NeTon, Aug. a5.-The fe.
ports of tho Cotton crop, now being
received by tho Bureau Of Agricnl!
ture, nre very unfavorablo. The Off
Ger in the charge Of these reports says
the Department will be fully sustained
in its June and July reports, tiotwith.
s'andlttg the odium c"ut Upon them by
speoulntors and others.
Although the Burcau hate as yet
issued no ,f6cial report, wo have no
doub BIT that tito above was obtained in
some way from the Department, in ad-
vance Of the regular issue rs was the
ease in June and July.
AS out friends may not remember
what was in the REPORTS Of Juus ana
July, referred to above, we print 1t
heres
jtEE RErokf. .--"Ah offic ial esti
mate Of the ultimate results SO early
In the seuson would be an abstrdity.
The influetice of the future rains;
floods, frosts ard insect 6net1ics; oan.
not DO calculated in advance: Bot IN
view Of the extremely favorable cir
cumstances affecting tho crop of last
year, thete cannot be expected IN the
present season, upon d reduced area,
exceeding three aud one-half millions
Of bales: An tatly ffost, OF the pre-
valcnce of Insects or 4 very tinpropi:
tious season, might reduce the yield
to three millions sand still further
reduction is possible III tie union or
severity Of these Causes Of failure"
JrLY REfekf-"While no estimate
Can, at this carly date, be atlthorita.
lively made; this iiifor m at ion leads to
tho following conclusions With a
reduction of fourteen per cent. in
Acreage, th" continuation of the rels.
lively low condition and a season as
long as that Of 1870, there should be
glthered crop of $500, 900 bales, or
about as large as that Of 1853 with
season Of average length, 100000
with an early frost; ana very unfa.
yorable season for picking, 2,700, ,00O.l
Fbe prevalence of Insects, With un-'
propitious circumstances, would pro:
6ably reduce the crop 2,5oo,ooo
bales.'' '.' 'a."
The. Cotton Crop Of ls7O.'1i.
We copy the following final cotton
Gxhibit for oIST0.,7i fro,o. n onao;oC