The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-08-20
TIE WEATHER AND THE CROPS.
Reports from the South More Unfavor-
nble In Character.
From the Financial Chronicle, August Ill

From the Financial Chronicle, August Ill
Our crop reports received by telegraph to.
night are very similar TO The reports OF the last
few week.. Some OF them very favorable,
while others canuot fail TO excite anxiety as 10
the result. 1t would appear quite clear that In
portions OF the South there mas been oil late
weeks more rain than is desirable, and lur-
ther, that the army worm has made It's appear
ance In certain portions of the Cult States at
least. What injury will result will depend
largely upon the weather IN The future, warm
dry weather being mnch needed now aT all
such points, From Galveston our telegram
states they are wanting rain, and have had
SEINE, but not enough to do much good. In
the upper counties they have complained OF
drought for several weeks, and our correspon-
dent adds that the crop reports are becoming
rained every day but one during the week,
heavy, Short local thunder storms. 1t has
remained on three days at Selma, and al
MONTGOMERY warm, suItry and wet weather
has prevailed. Our Montgomery correspon-
dent adds that the third crop of caterpillars is
beginning to appear, and Is causing Increased
anxiety, US the weather ls 30 unfaVorab!e.
From Mobile our telegram states It has rained
on one day, that shedding, rust and worms are
reported and our correspondent believes that
The middle crop In that State will be poor
Onr correspondent at Macon continues to take
hopeful View of the crop in that vicinity.
n. states that 1t has raned three days aud the
plant looks strong and healthy; the rumors OF
caterplIars In that section he considers OF III
tie Importance. At Columbus 1t has raDed
every day but one, and considerable shedding
is reported. Our Augusta correspondent
states that they are having too much rain
there. Al Memphis crop reports are favor
able, except rust at sune points.
uba Ncxv York Cotton MA rIrpf
NEW YORK, August 16.
The market during the past week has
shown as til. variation in tone aud prices,
whether Tor immediate or future delivery, os
could be we'll imagined. Some weakness on
Tuesday morning und furry on Wednesday,
which caused partial and temporary an
vance of 4c. In futures, are all that have OC-
Cured 10 disturb the prevailing monotony.
Holders appear disposed to lei their stock go,
In view OF the early maturing of the first
paintings of the new crop, and the sales
therefore for export aud consumption have
been quite free Tor this period OF The season.
Reports with regard 10 the growing crop
have been conflicting and have had little In
| huence on the m1rket. To-day the feeling
was quiet and the close dull and depressed,
but without quotable decline. The prices for
futures last reported were (basis low mid
dugs) 204 fur August 2O4 Tor September, l95
| for Octulltr, lSi Tor November. l95 for De-
cember and 1896 for January. The total sales
of this description for the week are SO, 75O
bales. For Immediate delivery the total sales
foot ND this week 1886 bales, including 1852
tor export, 5702 for consumption, IL for specu-
lation and none in transit.