Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-12-03
COTTON.


pnis Cotton Exchange.
Mr.. Secretary Toof has our thanks 70
the following, which will be of interes
TO all our readers, especially those il
any way connected with the cottoI
trade:
MEMPHIS COTTON EXCHANGE,
December !, 1874.
To the President and Board of Directors Of TIT
Memphis Cotton Exchange:
GENTLEMEN-We respectfully sub
NIT the following report, condensed
from answers received to inteTrogato
ries propOunded by the Memphis cotton
exchange eappertainingto to the prospective
results of the present seasons cotton
crop, the morale of labor, and results OF
the corn crop in this district, sent oui
dated November 10Th. Our report is
derived from forty-five responses from
West Tennessee, thirty-One from North
Mississippi, twenty-One from Arkansas
north of the Arkansas river(, and ten
from North Alabama. Average date,
twenty-fifth ultimo.
Question lst-Did the frOsts of the
twelfth and thirteenth October materi.
ally damage crops in your vicinity; il
SO to what extent?
Answer-West Tennessee, q answer
did not damage, crops matured; Is did
damage. North Mississippi, 10 did not,
crops matured; II did damage. Arkan.
sas, 10 did not, crops matured; II did
damage. North Alabama, 8 did not
crops matured; did damage.
Question 2d-What do you estimate
would have been the increase of prOduc.
ton had frost been delayed two week.
later in your vicinity?
Auswer-West Tennessee, answers g
per cent. damage. North Mississippi
q per cent. damage. Arkansas, A. pei
cent. damage. North Alabama, q pei
cent damage. These damages are esti.
mated upon total responses.
Question 3d-At what do you esti-
mate the increased acreage this yeaI
over last in your vicinity? State pei
centage.
Answer-West Tennessee, ! per cent.
decrease. North Mississippi, q per cent.
decrease. Arkansas, equal. North Al
ALBANIA, As per cent. decrease.
Question 4th-Are labOrers in your VIZ
cinIty making due eXertions to the end
Of saving the crop? II not, why?
Answer-West Tennessee, Il answer
yes, 4 answer no. North Mississippi, 20
yes, no. Arkansas, IL yes, 2 10. North
Alabama, all answer yes. 1t is proper
that we should state that in many In
stances where respondents answer yes,
they qualify with the remark, that ow-
ing to light crop but light exertion to
save is required. In the few instances
Of reported neglect, the reason ascribed
is generally that the laborers' interest
has been exhausted by advances.
Question 5th-AbOut what time did
the picking season close last year in your
-WestTennessee answers Jam
uary 18th. North Mississippi, January
18th. Arkansas, January Goth. North
Alabama, January 9Th.
Question 6th-At what date do you es-
innate that the picking season will close
in your vicinity this year?
Answer-WestT Tennessee answers No
vember 2lst. North Mississippi, Decem-
Der 10th. Arkansas, December 9TH.
North Alabama, November 2SLh.
Question 7th-Are planters in your
vicinity marketing their cotton crop
freely? If not, why?
Answer-West Tennessee answers 81
yes, no. North Mississippi, 2Syes, 3 no.
16 yes, no. North Alabama,
yes, no. All negative answers ascribe
holding for higher prices. 1t is
generally mentioned that holders are of
the larger class of planters.
Question Sth-HOw do your corn crops
compare this year with Inc two previous
Answer-West Tennessee answers 95
per cent. decrease. North Mississippi,
% per cent. decrease. Arkansas, 43 per
cent. decrease. North Alabama, 80 per
cent. decrease. Many respondents ad-
nonish us that corn crops OF two previ-
Ius seasons have been comparatively
small.
Question 9th-Is there any change in
he disposition of the laboring classes?
II so, in what respect?
Answer-West Tennessee, 20 answer
40 change, Is answer better disposed to
abOr, not so well. North Mississippi,
4 no change, IA better, not. Arkan-
'as, II no change, better, 8 no. North
s no change, better.
Question l0th-What is the prospect
" saving the entire crop this year? If
lot, from what cause?
Answer-West Tennessee, % answer
,rop gathered, Is will all be saved.
North Mississippi, II gathered, IA will
III be saved. Arkansas, gathered, iS
will all be saved. North Alabama, 6
gathered, will all be saved.
AGGREGA ATE.
1. OF 107 responses, 64 report no dam
Ige by frost, AZ report damage.
2. Average damage by frost, to total
for this district, 81 per cent.
9. Average decrease in acreage, per
,ent.
4. Due exertions have been, and are
icing, made to save the crop.
5. Average closing of picking season
ast year was January l4th.
6. The picking season will close this
rear about December 7th.
Z. The crop is being marketed unpre-
fast.
s. The corn crop Of this district is
bout 33 per cent, short of average of
)ast two seasons.
8. The aggregate response does not in-
licate any material change in the moral
II labOrers.
10. The prospect is that the entire crop
will be saved in better condition than
,ver known.
Your committee would state that in
yiew of such lateral information as has
,een derived through the exchanges
we are justified in ex-
pressing the opinion that the decrease of
he cotton crop in this district, from last
Iear will be about thirty-five per cent.
The more excessive decrease Indicated
u our September 2Sth report will have
,een thus much modified by the eXtraor-
liDary favorable picking season. Your
would further add that they
consider the interests of ali cotton ex-
hanges best promoted by becoming
of the interests of both |
,lanter and manufacturer. In this view !
lour committee have uniformly invited |
in relation to the cultiva- |
ion of such crops as would cOnduce to |
heir Independence in cultivation of the |
otton crop; and also in relation TO the
Morale of labor. Much hesitance has |
,een exhibited on the part of planters
u rendering such information as their |
espective factors can assure them would |
'e Of invaluable benefit to them. Re- |
pectfully,
W. P. PRoUDFTT, Factor,
Chairman; |
$. N GATES, Buyer,
J. Il. GOODWIN, Factor,
I. H. ALLEN, Factor,
W. TAYLOR, Factor,
ANnflTEflN