The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1893-10-04
Ten Cents Cotton Coming.

person. author Of stCotton Facts" has
furnished the Southern Associated Press
with the following opinion as to this
years cotton crop. Mr.. Shepperson
is neither q buyer nor seller OF cotton,
bat possesses unusually good facilities for
accurate information covering the entire
cotton belt. He said:
stWhile in many sections the cotton
plant has matured SO large q proportion
of its fruitage that the yield would not
be appreciably increased by delay of
frosts, there is q great deal Of fertile bot
tom land upon which the plant willcon:.
tinue to make and mature fruit until
KILLED. by severe frosts. No. frosts have
vet occurred in the cotton belt. Estl-
mates at this time Of the probable size
Of tho cotton crop are, therefore, neces-
sarily based upon the occurrence Of gen.
eral killing frosts throughout the South
at about the usual or average dates.
Should these ffosts be delayed until later
than usual, the crop will easily exceed
any present estimate by several hundred
thousand bales, while should they occur
earlier than usual, the crop will be far
below the estimate. The acreage Is cal
culated by the DEPARTMENT Of agriculture
as practi cally the same as last year. The
general conditions affecting the crop have
Seen unfavorable. A late and cold
spring, followed by protracted drought
in Texas, have resulted in, bad stands,
with considerable rsplanting and some
abandonment Of acreage. Excess OF rain
and several storms in the Atlantic States
and drought again in other sections and
serious damage by worms In the Gulf
States are the features of the season.
These things are not the usual indica-
tions of good crop. Assuming that
general killing frosts will occur at about
the usual time my advices Indicate a
probable Weld Of about 6,800,00O Frosts
last fall were earlier than for several
wears, and seriously curtailed the crop.
For several seasons large quantities OF
cotton have been marketed with
each crop which was grown in preceding
crops.
sdrbe old cotton has now been about
all marketed and it is probable that the
commercial crop of this year will not
differ appreciably from the actual yield.
T estimated the actual yield of cotton last
season at 100000; the difference be-
tween that and the commercial crop
being made up from cotton from previous
crops. Compared with last seasons
yield the present indications point to the
following gains, viz: $50, GOO bales IN
Alabama, Mississippi and Louisiana,
being 20 per cent; 100000 bales IN Ar
kansas, being 80 per cent; M0, 900 bales
in the two Carolinas, Georgia and Fiori-
da, being is per cent The total of the
gains is SOD, 900 bales. The yield in Tex
as is estimated at 1,750,0O0, being loss
Of 4O0. 600 bales. This deducted from the
es.imated gains will leave net gain Of
100000 bales upon last years yield of
6. 400, 900 bales. Tennessee will pr0ha-
bly make about the same crop as last sea-
son.
..Some correspondents, whose facilities
for obtaining information are excellent
and whose standing are Of the highest.
do notthink the gain in Alabama, Mis-
sissippi and Louisiana will be over Is
per cent, and the gain in the Carolinas
over 10 per cent, while am informed
that the commissioner of agriculture Of
Georgia estimates that the yield of Geor-
gia will not exceed that of last year. The
receipts at the ports for the week just
ended were 10000 bales more than for
the corresponding week last year, and 1t
is probable that this weeks receipts will
be liberal. Early receipts are no indica-
ton Of the extent Of the crop, for small
crop may mature quickly and be prompt
ly marketed.
"The visible supply of cotton in the
world, which, means the stock outside OF
the mills, is about 100000 bales less than
year ago. The stock held by European
and American spinners is far below last
years, while the consumption in Europe
is as great as at that time last year, and
many British mills have made contracts
for their entire product for several
months ahead. Owing to the financial
troubles our own spinners are buying
very sparingly. European of views the
market are based upon the American
crop of 7,500, 900 or more.
"The Liverpool price to-day is 4 I'D
for middling, being lid higher than
this day last year. Liverpool merchants
OF standing, think that with an Ameri-
can crop Of I, ,250,0O0 bales, cotton would
easily be worth Sd in that market. In
this opinion. one of our Oldest and most
esteemed cotton merchants concurs and
not only agree with him, but think the
resulting speculative purchases might
easily carry the prices halfpenny high
er. In the matter of cotton prices, New
York follows Liverpool and sets the gait
for all American markets. Much inter-
est is felt on the report of the condition
of the cotton crop on Oct. !, to be Issued
by tho department of agriculture. While
have not even an acquaintance with
the statistician who makes up the de-
partment report Of the crops. am satis-
lied the October report will show lower
condition of the crop than any October
e. ID report since 1885,"