The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-08-19
THE NEW CROP MOVING.
BETWEEN 400 AND 500 BALES
Received so FAR.

> u
The Receipts Considerably Less Tha,
Last Year on Account of the Late
ness of the Crop-The Damage b,
Rust and Worms and the DANCE
from an Harry Frost-Estimates c
the shortage and of the Total Crop
Condition of the Plant.
The new cotton is beginning to come il
freely. So far between 400 and 500 bale
have been received in Savannah this sea
son. TIE receipts, however, are not a
heavy as they were last year. but the quail
ity OF the cotton is fine. From the appear
ance Of that coming into market there vii
be little poor cotton uoless a rainy
season sets in and the grades run
together. It is predicted that an early
frost will shorten. the crop 100000 20
100000 bales. At present the paat Is
suffering from rust considerably II THIS
section.
YESTERDAYS RECEIPTS 235 BALES.
The receipts yesterday were 2j0 bales, OF
which 235 were new cotton. The receipts
Of new cotton Monday were 20 bales.
Cotton factors who have recently re-
the condition Of the cotton is the same as
several weeks, earlier in the season, that Is,
badly spotted Some Of it Is early aud
some late. some good and sUms poor, some
with rust and some with worms,
and some without either. These con-
ditions exist together throughout
the whole cotton region, and not simply
varying conditions in different sections.
Consequently the deduction is that no mat
- - IL - 30
will be advanced by it aud some will be
retarded 1t is impossible that the same
condition of the weather should benefit the
entire crop in its various stages Of growth.
ESTIMATES OF THE CROP.
The result Is that the crop will not be as
large as it might otherwise have been. Es-
Inmates of reliable cotton men who have
made study of the business for years are
that the present crop will be Is to 20 per
cent. less than last years crop, aud that the
yield will not be greater than that Of 1889,
which was the largest crop until that Of
1890.
Frequent reports are being received Of
the appearance of worms and caterpillars
IN different sections, but the damage so far
is slight aud it is said that unless there is a
wet season tie farmers will have nothing to
fear from these pests.
Rust in a light degree is generally re-
ported. gentleman who has just returned
fro N q trip through southern Georgia and
Alabama, reports that every field of cotton
between cambridge, Ga. and Dothan, Ala,
was affected by rust. This might cause
considerable damage, and might not. With
a wet season the rust would increase rap
idly. and would considerably shorten the
crop. The effect of the rust is 10 destroy
the growth OF the plant, but does not injure
that already mAtured. 1t causes the matured
crop TO open rapidly.
LESS COTTON THAN LAST YEAR.
Estimates as to the coming crop are so
widely varied as not to be worth calculet
ing upon. IL is believed by many that the
crop will be large one, but not SO large as
last years.
The receipts for the last few DAYS are
falling behind last years. This is accounted
for in two ways. The crop is two
weeks late this season and on ac-
count Of the low price it will
be marketed very slowly. The opinion is
expressed by several factors that there will
be gradual increase in the price of cotton
within the next few weeks the chief reason
being that the farmers will not market their
cotton at the present prices. Only those
will sell who are forced to do so by their
obligations. and the large majority will hold
70 their cotton until the price goes above
cents. 1t has been noticed that the banks
of the smaller towns, notwithstanding the
tightness Of the money market, have large
reserve, expecting to advance upon the
cotton crop, 80 that merchants and planters~I
will be able TO hold their cotton until the
price increases. On this account it is
thought the present crop will be marketed
much more slowly than usual.
GUESSING ON sAvANNAH's RECEIPTS.
season equal those Of 1890 and 169l" a
MORNING NEWS reporter asked we'll
posted cotton man.
well, very nearly" was the reply.
1.-The crop may be less this year, but our
territory has been increased. Besides the
South Bound railroad, the Savannah,
Americus and Montgomery has been ex-
tended into Alabama, and so has the Savan-
nah and Western division of the Central.
Large amounts of cotton will be received
from this new territory. Then we should
receive more cotton from along the
Alabama Midland this year than last.
The people of that section
are being weaned from their old business
associations and are turning more toward
Savannah every year. Our receipts from
Alabama should not be less than $50. 900 bales
this year. We will get a considerable
amount Of Mississippi cotton by the Central
railroad and its connections also. Alto
Eether our receipts ought to equal last
years, / think"
The question as to how near the crop of
1871 will approach that of 1890 is a most in
teresting one aud the returns will be closely
watched.
There was a decline in the market yester
day for spot cotton. The lower grades
We're reduced l-l6 cent, while the better
grades were 1s(0A cent lower