The times. [volume] (Richmond, Va.) 1890-1903, 1894-09-04
HKs1BH's CoIToN ohor REroRr
The Largest Gain was In Alabsms. Georgia.
Florida and Nor h Carolina

NEW ORLEANS, Sept 3.-Secretary
Hesters New Orleans Cotton Exchange
report on the cotton crop was issued in
full to-day.
After stating the crop for ISg3-'4 was
7.549.S10 bales, an excess OF $50, ~ bales
over last year. he says:
The largest part OF the gain was in
the group OF Atlantic States. consisting
Of Alabama, Georgia Florida, and North
Carolina, which ran ahead. The Gulf
states. Arkansas Louisiana, Mississippi
and Tennessee, Increased 35l,OOO bales
while Texas decreased 5000 bales. Mr.
Hester puts the average commerclai
value of the crop at $3.50 per bale,
against $3.50 last year. $3.50 IN '9l-e2,
and the total value was S2S3. llS.OUU.
against S2S4, 10000 last year and S.i3s.
1000 the year before, showing the re
markable fact that while the output OF
the last year has been si9.452 bales IN
excess OF the year before. its com
mercal value IS Sl,032.O 600 less. Mr..
Hester says that with an average OF 71ac.
per pound which the crop brought, plant
rrs. as a class. would have been bank
rupt had they adhered TO their old policy
Of all cotton and little or no food crops,
the cotton states produce over $l4S.OOO
OF corn, nearly all Of which was con-
sumed whore grown.
In reference TO acreage. he says he
published estimates which are still I'M
satisfactory. and comments on the in
tention Of change from the base OF
comparison on that ubject by the United
states Agricultural Department being
first made known through an English
source. From this information the
statistcian Of the Washington Depart
II ent has written 10 a prominent member
of the House. giving rs his opinion that
the cotton acreage of 1893 was 10000. OCO
acres. or more than 100000 acres over
the heretofore published estimates.
Mr. Hester announces the result or
his Investigations in this movement over
rfvrq hnt
bred thousand bales have hitherto been
credited by the trade to Gulf States
which properly belonged 70 Atlantic
states. and that fact shows the seat
OF cotton production has not been moving
westward as rapidly as supposed.
The commercial crop I'm bales IS given
as follows In thousand bales for
1873 "a: Alabama. 93j; Arkansas. 81:
Mississippi GIG, North Carolina. AZ South
Carolina. 80. Tennessee. 81: Texas and
Indian Territory, 2,0j9 Total crop, $780,
0o0 bales.
In relation TO American mills, Mr. Hes
ter SAYS. the season has been anything
but favorable North or South
ON the heels OF their largely decreased
takngs for 1929 northern mills show
a further reduction for the past season
of S6.ll3 bales. The effect OF flnanc al
ton also, decidedly we're depressing in
huences in this industry. and for the
first time since the war a set back is
TO be recorded.
Instead Of an increase If 300 bales.
which. with anything like last years
crop would have resulted from bringing
into full play the new splndles added in
the South at the close OF last year, and
the early part OF the present season.
southern consumption has fallen off %
s33 bales. The total takings north were
/ col, 173 against 1,eS7 2Si last year. and
2 80. 7G6 the year before, while the mills
in the South report as their consumption
dncuding takings from ports). 7ls.5li
against 7B8lS in 1929. and 5000 in
lS9l-'g2. Commenting on the out ook for
cotton consumption In the South. Mr..
Hester saws. with a return 10 normal con |
1itions there Is promise not only for an |
Increase OF 5000 bales per annum in the
fables show twenty-one new mills NOT |
Completed. with nearly 10000 splndles |
besides thirty-six idle mills, with l3),OOl |
on,ndles. a good part of witch would b. |
brought into play. In other words, the |
south has 5000 81 sp ~; oe with with con
1nm.