The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-04-22
WHAT Is TEE h1oR sTocK2
The Dispute Over the Correctness O
IslmaFe's sons Estsrnste,

the Dispute Over the Correctness of
1slmaEe's sons Esttmete.
Another difference with Dan Talmage's
Sons rice crop estimate has cropped out,
The Consolidated Rice Company of New
Orleans says: We quote from Talmage's
Sons as follows:
Total crop, $3.50, 900 bushels of rough
equal, say, 255, 000, 900 pounds clean or edi-
bic rice, Of which 100, 100000 pounds, have
| been marketed to A pril l."
These utterances we find to be so grossly
| incorrect as to be likely to mislead the
| puollc mind aud depress values. They give
the total production reduced TO pounds as
200, 900 900, of which they assert that only
! l3O, OOO,O 600 pounds had been marketed to
April! /, leaving l25. 100000 yet to be sold
| This would show that in the first eight
months OF the year but little in excess of
half the total crop has been disposed OF t.
April /, 1893
We unhesitstingly deny the correctness
| OF this statement, and proffer facts and
| figures to refute same. We feel th0t il
such a declaration, emanating from so
prominent source, should go forth IN
challenged, a great wrong would be in
| tcted on the industry. and possibly serious
disaster would result to those who propose
continuing the cultivation of rice. We
submit the following figures, which show
the actual position. These figures are in the
main official, and can be relied on as ab5o-
lutely trustworthy:
Amount of stock, actual count in New
Orleans, reduced to pounds. ........ a., 412000
run estimate amount to come forward
balance OF season. 10, 800 900
Amount Of stock IN Carolinas and Gsor.
gia, actual count. .....,.....>.. Il, 1925, 600
Total stock unsold April l.......... Il, 2O7. 900
Taking the total crop produced according
to the estimate of Messrs. Talmage's Sons
q Co. which we have verified, viz. Q, $780,
COO bushels rough, equal to 255 900, 900
pounds clean, it is plainly shown chat not
quite 30 per cent. of the present crop re-
mains unsold.
The New York Shipping ana CONNER
cidt List in printing this matter remarks
1t Is gratifying to note that our CORE
sponGents agree on something, this some
thing being the proba bic outturn Of crop, l.
E., $3.50 900 bushels rough, equal to 255,-
100000 pounds cleaned. When the Me;srs.
Talnnge gave out their statement We
scrutinjzsd it closely, aud studied the figures
presented and found them approximately
correct. Compilations made by the Ship
ping ana Commercial List at the time,
April l, stood as follows:
Total crop 255, 0t0 O0O
Sales
LouisianaG)
1912 36l bblsj ......, rs lC013552O
Carolina and
Georgia e. ........ 1bs 20,7s1. 76o-I26,9l $50
Visible supply April 1............ibs. l2S 0s2 120
% Board OF Trade report; see P!caytlne,
March 81
~ AS per mill reports.
AS above noted, our figures are based on
the reports of the board OF trade, New Or
leans, and on the monthly statements of the
various mills along the Atlantic coast The
conflicting statements stand as follows:
Total stock unsod-
Consolidated Rice .fbs "a, 9O7 900
Dan damages l25 600, 900
AS above noted ,............. ... -. i2s ,O82 600
Ii is evident to US that the Consolidated
Rec Company has fallen into some very
grievous errors. and inasmuch as the au-
thorihes quite generally disagree with their
statements, the burden of reconciling sta
tistics rests with it.