The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1882-11-30
COTTON FACTS AND GUEssES.
f'g"res for tho Blggost Crop on Record
yet Unverified.

|
The first official guess ut the anount
ni the years cotton crop comes from the
department of Agriculture. There has
been great deal of individual and ran.
Com guessing, based on narrow and inn.
perfect tata, inc estimate ranging from
t,oeo,9 600 10 ?,000, coo ba!es. Tie ls,te-
hgures is the largest ever used in taking
our cotton crop. 1t exceeds by 100000
oaies the great crop Of 1880, but the
steady downward course of the market
ior the last six weeks has afforded good
evidence that among those who should
10 well informed OF the seasons prospects
very large crop was expected. The de.
partmcnts estimate, given in pounds ia
that the crop will be 6,723,66i bales Of
the average weight of 455 pounds net or
at the gross weight Of 4S0 pounds il will
be 6,377.ll7 bales. Assuming the ds.
partments estimate in pounds to be cor.
rect, 1t il probable that the number of
bales, when reckoned up ut the end of
the cotton year, will be somewhat less
than this, forup to November !, the aver.
hge weight of the bales of the new crop re-.
ceived was 496.25 pounds, against 47I.51
pounds Tor the same month last wear.
Tho Texas bales average 525.l5 pounds
"a very unusual weight. This ratio of
difference, if approximately maintained
through the year, might reduce the an.
parent Yicld below last years figures,
.nougn inc actual number of pounds
would be OF course much greater.
Inc correctness of the departments
estimate OF the ;otrl yield depends upon
the correctness OF its estimate of The
acreage, which it puts at "a per cent
below that Of last year. Should the on.
cronchment of graiE upon the cotton
lands prove to be greuter than tho do.
rnrtments figures indicate, it's estimate
of the cotton yield will bo found t1 re-.
quire modification.
Ihe receipts, moreover, do not az vet
show such al increase over last wear as
they ought to If it be true that the South
really has surpassed all her previous
achieVements IN cotton raising. The
FINANCIAL Chronicles tables make the
receipts Tor the week ending November.
lo,262, ,25l, against 25G,623 the previous
week, and 24l 1888 bales two weeks ago.
showing steady growth in the receipts
from week to week. But the receintn
from September to November 10 were
only l,6S5,9l7 bales, against 1867. .36S
bales for the same period in 1891 an
increase of but 2S,551 bales. The total
amount of cotton in sight now is actually
less than last year. This is partly ex.
planned by the known lateness of tho
SJsSS:. :. "os spring prevented oa7,,7
planting, and as the first frost of the
season In the cotton States was reported
no longer ago than Sunday, there he's
been no occasion to hasten the picking.
The lateness of the frost favors the pro.
ducuon OF large crop, as picking will
60 on until stopped by cold weather.
Anothcr TACT to be consideed is that the
Departmental Agriculture is very con.
servallye IN It's guesses, generally falling
somewhat oelo" the mark. It's early
statements indicated corn crop of M
more than l, POO, 600 900 bushels. now
confesses to no less than 1880, 600 900
bushels. Those persons who are still
betting in the future" market on a cron
OF 100000 bales will perhaps prefer
their own estimate to that of the depa7t-
ment, merely from a fondness for round
numbers.
1t ls perfectly evident that the crop is
big enough for the worlds demand and
something more. Our exports, which in
september amounted TO more than l4O.-
496 bales, reached for the two months of
September and October, taken together.
total Of 656,806 bales, an increase of
74.3s4 over the exports Of The same two
months last year. For the single week
ending November 10, 154, ,887 bales were
shipped, and the total exports to that
date amounted to S83,865 bales. This
shows that the new crop is moving out
very freely, fact which is sufficiently
reflected In the large Offering of cotton
bills. This free export of cotton will aid
materially to give our total exports the
lead" for which they have recently been
striving In the race with the imports.
ihe shipments Of cotton will be likely
I to continue large as long as the price
continues at its present low figure, The
| stocks of tie British aud Continental
epinners are very low, being on Novem-
Der !, 10000 bales, against 222, 900 bales
year ago. Our own spinners have thup
lar taken less cotton since September l
than last year.