The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-09-24
AHEAD OF LAST YEAR.
SAVANNAH BEATS NEW ORLEANS
AND CALVES ION IN COTTON.

Yesterdays Re ceipts 7,l34 Bales
over 1000 Bales Ahead Of the Re-
ceipts For the Corresponding Day
Year Ago-rhe Mark ct SHOWS An
other Advance-Cart Cotton Coming
in S;owly-The Sea Island Combine.
Savanuah's cotton receipts yesterday ex-
ceeded both those Of New Orleans and Gal
weston, and. in fact, were nearly equal &c
the combined receipts of both ports. Sa-
vanuahs re- eipts were 7,134, Galveston's
4923. aud New Orleans 2, l2S bales. Sa-
vannah's receipts yesterday exceeded those
of the corresponding day last year 1850
bales. This is more than any other port
can say, in all probability, as the total re-
cepts at the ports for the day were only
20,Sl4 bales, against 29.3S9 the same Gay
last year. a difference of over 1000 bales IN
favor o. last year Savannah will evil
IDENTIFY get her share his year.
The cotton market went up nearly an
eighth Yesterday, caused by the generai re-
action against the continuous REDUCTION OF
the last ten days and in part by the small
receipts at the ports as compared with the
same dev last year. The buyers cannot
helm but acknowledge that there may not
be such a heavy crop after all, and with an
early frost the prospects of big crop would
drop away down.
The generally fair, warm weather which
has prevailed throughout the cotton belt
for nearly three weeks is largely response
bic for the heavy movement OF the crop.
OF late the DAYS have been very warm with
4 ,.,xt,k hot Anu paNyC
ing the cotton bolls to open before they are
fully matured, while the cool nights cause
shedding of the growing bolls. The effect
of the hot days and cool nights, il long con-
tinued, will be to considerably shorten the
crop.
The merchants around the market say
that cart cotton is coming in very slowly.
1t was damaged very much by the heavy
August rains, and the grade is very inferior.
Very little, if any. sea island cotton has
been received by the local merchants.
The mail report OF movement of Egyptian
cotton is as follows: Alexandria. Aug. 81,
1897. Receipts since Sept. |, 1890, 4,l07,-
657 cantars, against 8 ,240, PIT in 1890; ex-
ports since Sept. l, 1899, 4,0l7 500 cantars,
against 5, 1913. $50 in 1890; stock, l20, Isl can
tars, against u, 23S in 1890. To judge from
present indications the quality Of this crop
is better than last years. A cantar is
about fortv-five pounds. This would be
about $4,000 bales of 800 pounds each.
Charleston factors are discussing the COM
bipe Of the sea island cotton planters Of the
Carolina islands The island planters, it
seems, have combined to secure higher
prices hereafter by reducing the produc-
ton. The idea is not TO cut down their own
crops On the islands, but to shorten the crop
OF Georgia and Floridas" by cutting off
their supply Of seed. AS is we'll known, the
black seed cotton deteriorates with plant
Ing upon the mainland, and the
supply of seed has to be renewed
from the islands every three or four years.
The supply of seed all comes from the
islands where few of the planters make a
business Of selecting the seed. The Charles.
ton Nelcs and Courier says: 1.-THE combine
is necessarily in the line of experiment and
opinions differ widely as to the possible sue
cess Of the movement. No one denies for a
moment that prices for sea island cotton are
far lower than they should be, but there is
much doubt expressed as to whether the
Island planters have adopted the proper
method for forcing them back up TO a lucra.
tive figure. Many factors believe that the
planters have adopted the only means at
their command to secure the desired end,
while others predict that, the attempt will
prove failure. The sceDtical ones claim
that other planters will sooA learn the art
OF selecting seed" as well as the present
solicitors" AMI that in the event of their
success the present effort is bound to prove
abortive."