The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-09-18
KIN OTTON.
What Some 81 Our Lending. Mer-
chants Think Of the Outlook
TOR this Season.
Cheering Prospects Of an Early and
Successful Business Season.

The season seems to be close at hand wher
the pessimist will have to cease his grumblinRs
4 and arouse himself from the torpor Of com
plaint which has held him during long and
fiigpiriiing summer. Already the sounds or
our thoroughfares give note OF revival Of
business and the increased number Of mer
chants on the streets herald the approach Of
better times.
A reporter Of the DEMOCRAT yesterday trans
fixed number Of cotton factors TO az many
damp posts. and there disburdened them OF in.
formation respecting the great staple of most
cheering and agreeable character. The many
conflicting and doubtless exaggerated reports
which had reached here respecting injuries
done the cotton by cyclone and worm had mate.
rally Responding effect: but it will be seen
that this ID not justified by the facts. and a
future full of good results is near at hand.
AZ an illustration OF the hopeful feeling pre-
vaiiing in the cotton circles-which may be re-
RRrded MS tho pulse Of tine tomH ercial com
munity--on.. or TWO cons creations might be re-
cited. speaking with
MR. A j. LAEDAUBR.
OF the well-known house Of Ranger. Fatman d.
Reporter What is your opinion Of the cotton
crops In the section tributary to New Orleans
Tsnd Me IL XIX IL Is sufficient to as
more. than we eyeix q asI year. Our advioes
parts of Tennessee add Louisiana the bottom
lands have given better yield this year, while
the htll lands are about equal TO the preceding
Rep.-Do you thin the crop is later this
M. LIT IL about two weeks later than The
average In some seetioLs of Loui sapa. but on
the whole. 1t Is as fully adv need as 1t was this
.Rep-Do. you think there is any material
change In the prospect now as compared with
the baginning, Of september2 -
storms have done some damage as is evidenced
by sons OF the cotton we are now receiving.
dst s ana diney cor and Of course o. has
suffered CORES pondingly in value.
Rep.-Do not the prospects favor p larger
business In cotton at this port for 1879 so. in |
consequences Of better crops Ia those sections
where there was comparative failure last
Mr. Ii do not hope for any increase IN Lou
isiRna or any material Increase from the hill |
counties OF Mississippi but DO expect quite an
and Arkansas. In the latter State the increase |
will be Rreater than 1t was thought last spring |
Rep - How Do tbs, receipts for this month com
pare with the same time last year2
Esenea aS a., yoa ih,a IS The receipts for the
Ii Mr.. 1.-The increase OF receipts net and gross /
will be
QUITE CONSIDERABLE:
net because there will be more cotton Ia re-
season, and gross, because in 1878 we did not
receive. our proportion from Alabama and Geor-
market will be more sought this year by good
cotton. I estimate that last year we lost fully
bales y tg the yellow fever alone
able damage TO the cotton In the New Orleans
Mr.. L-Well OF course 1t did some but not
sufficient to affect the aggregate result. l esti
mate that there will be Oh increase this year OF
fully 100000 bales.
Ran--Wbnt la vnur inf rocooo+i,.. |
the crop in other seclions2
MI LTe t T. short exeept In the northern
70 about 100000 bales. Alabama $ not quite as
bales will cover her loss. ID eastern Georgia
ern section and alongside the Chattahooche as
wei! % In the Carol mas. there Is a fall back.
tie o. men e hsre NJ Fer
nand Marks. of the house Of Lehman Abraham
4 o.. expressed the opinion that there would
is seasan He dd not think thh e crop vas VS.
backward, and thought the weather eminentIy
adapted to picking.
THE ACREAGE 1t
ID not much il any larger than last year. and
while the hill crops retained their average, the
bottom lands gave much better yield. He {
thought the quality and handling Of the new
6rOp 80 far received inferior to last year. and
estimated the gross receipts for the season at
10000 bales over and above last years. The re-
Of between and 10 per cent. but an early frost
would b. Calculated to materially alter the pros
!, Mr.. 4. F. May and Col. ]. Q. Denis thought
that on the WHOLE with fair weather. there
would be fully an increase this season of 100000
Mner that s9 Stewart w Of the seGi rm
Woodward h Stillman, apprehend ID was an !
aarly frost. which would materially reduce the I
These were found to be the prevailing senti-
Q ants 10 the market. and they give reasonable
OF a successful trade.
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