The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1874-11-21

/ wants, All THESE circumstances ihV0r
! this country getting An unusually large
share OF the first shipments aud the
amount nllOpl already stands 10000
bales, against $4,000 bales last year,
The crucial question, however II the
extent Of the crop, llH distribution IN
the carly mouths of the season " COM
parlllyely unlmp0rlnnt the average
! price Of the season depends upon the
total supply, compared with the total
| requirements Of the customers, The
fnClH Of the ease seems 20 be- ~ follows!
The weather has been favorable tor
picking aud maturing during Seplem-
her aud October Nu unusual proportion
Of the crop has been secured, for the
! times Of year, owing to the drought
having rlpcnod the b0lls premulurely,
aud condensed the operation of plok'
! Ing Into shorter tine than usual u
| second growth was started 10y the rains
NJ the end OF August, which h now OK.
pecled 10 dcyclope into II substantial
addition 10 the crop, nj least on the
bottom lands--and altogether more
hopeful view Of the yield prevails than
n month or two ago. We should say
| thnt four millions h now the hvOrlle
estimate among merchants In Amer
| len, but among planters and dealers In
| the southern states probably n millions
is the current idea. The great difficulty
! IL to reconcile the statements of the
agricultural bureau with these opln-
Ions. lls report, published In October
still reports very hnd result, the I'M
prOVemcnt for the month being only !
TO per cent, still leaving the II TO ~
per cent Of II full yield. Calculations
worked out on that basis indicate u
crop Of only . millions, taking It's
figures of acreage M II basis, The eX-
lrnordinNry thing IL that the reports OF
the bureau ut this time of the year.
worked out on this plan, have afforded
very correct indications of crop tor the
past five years Though its own figure
of crop has usually been quite wrongC
with this fact before us, II Is somewhat
difficult TO ncquiescc In the glowing
accounts now reaching us from the
other side. II Is possible that the bu-
reau report next month may show II
great Improvement, and then the dill
Guilty will disappear. Certainly an inn
prOvomcnt of az least ID per cent IL
loIui,o" w. u,inS ~ '',t" ' ,a mlvn
pr,V"tt,n, auN,VoS S,,o"'u .',", ',Uv oouu.
W. WI Wv 'o.. y" .'.o pn,niu' u''tu''''"
", ''nN,nS nsnp VI '3o,V Nv, oa'es oevMee''
We should Judge from the present
tone of feeling In America that if frost
holds or till late In November, esti-
'nn,cs Va 'Vu' ""u qua,.ei 'hl''lons
WI, , ,'' W, ai' ~ 10 ,'a.ulo' w sup,
Ply ", '''r ~ =, suo,' a,'ou,u P'o'a,i prizes
W., w 'ni.hel nepleseeu' AIu,e snine
t'ihe, " ~ WORTHY y, iiot'cp' ,,,ho puoilc
lGeilns nns u wo,'ueiiuli in'iuence III
giving color 10 "li lhiiigs III america
in sulsu'ne yeuis uneS inVariaoiy
aei-essi ~, .,io Grup, unl WIS may
Ueo''e W. ''e eHsep'lo,'ai se"Sou,s, Wnei'
t,iey e,r IN we "pposlte u,iectioll'
T S,,,l,y 'he pest eNu''' ,,' we
nav uee'i uoie w s'Ne W tne "uVices
incline US to believe In very large
crop. We'should say that they point
TO a WELD rather below than above an
average, the uplands. which are now
said to yield wo.thirds of tha rron are
expected TO do considerably worse thnn
last wear; but the bottom lands repre-
sonting perhaps third, are expected
TO do much better. Suppose the Weld
per acre TO he the same as last. the re
suit would be 1915 900, on the bureau's
figures of acreage Srppose the area
planted and cultivated to be only five
per cent less. we arrive at n cron of
B 900, 900 to 4,OOO, 600 bales, and we con-
TESS that at present we do not see
grounds for eypectinv more. good
i deal. however. depends ,pon tbe
weather tha nexttwo months With n
lone omen nicLiny season. II il nossihls
tbaT much of thn second growth will
mature thai frost and wet weother
would otherwise destroy perhons
there is stall quarter of n million Of
bales in susnense hut n does onnear ~
us at the moment IN ot tl'e chnnces ara
no mnch in favor NJ n viald halow fonr
millions no above II
me actual consumption OF the world,
past ana prospective, has received n
vigorous examination III consequence
OF the customary appearance of OFT
Irumpler's excellent circular and the
maj result mas Deeh to confirm his view.
that the visible and invisible stock
combined increased about 100000 bales
during the past season, or, say two
weeks consumption of Europe and
America. IT therefore follows that a
decrease in the American crop Of TO-
QUO bales, with the same supply from
other countries, and small increase
or consumption, say one per cent, will
Just cause supply aud demand to bal
a m Tor the coming twelve months,