The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1894-10-30
ESTIMATING THE CROP.
An Expert Says Nine Million Bales or
Less-A Statistical Review of COndi-
tiOnS.

An Expert Says Nine Million Bales or
Less-A Statistical Review of COndi-
tions.
The New Orleans papers publish q
circular of Mr.. A. j. II. Landuaer, one
of the largest exporters from the South
OF American cotton, estimating the
commercial crop of the current season
at 1886, 900 Oales.
Mr.. Landuaer estimates for Texas
200, 900 bales, or an increse of 641 900
over last year for the group of other
Gulf States, embracing Louisiana,
Mississippi, Arkansas and. Tennessee
2,70O, 900 bales. an increase of 484 ZOO !;
and for the Atlantic States, embracing
North and South Carolina, Georgia.
Florida and Alabama 3,4S5,0 900, an in
crease of 2l0,0OO
Calculated by percentages, he makes
Texas gain 81 per cent, other Gulf
States % per cent. and the Atlantic
States 6t per cent. His views are pre-
dicated on personal observations made
while travelling through sections of
North and South Carolina and Geor-
gia, Alabama, Tennessee, Mississippi,
Arkansas and Texas and in addition to
the reports of large number of ex-
perienced correspondents throughout
the South.
hsoiolihpS w iepoftS pfonulSdGeu re-
lative to this seasons growth, Mr..
Landuaer says: "From my own per-
sonal observation and from what I
learn from reports received. / feel sat-
isfied that the yield of the present
crop is exaggerated" He says the fact
that 5,600,O00 bales were marketed
from States other than Texas last
year, notwithstanding the very poor
yield of the Mississippi Valley bot
toms, indicates that some very fine
crops must have been raised in many
sections Of those States, leading to tho
inference that while good results may
be obtained this seasoI '3they must be
considered in good ma cases in COM
parison with like con lions last sea-
son. He finds Texas,f Louisiana and
States, while the hill lands of Arkan-
sas promise Indifferent and, in many
cases, poorer crops than last year.
Georgia and South Carolina crops are
very much spotted, some good, others
not better than last year, while the
gain in Mississippi is principally in
bottom lands which promise better
than for years, while the uplands will
give an increase.
MIR. Landuaer says the Egyptian and
Indian crops will equal last season,
while the Asiatic crop promises to
prove disappointing. He claims that
the spinning trade in England and
Germany is improving; France reports
good trade with prospects of mills con-
tinuing to work full time and that in
Russia many of the most prominent
spinners and manufacturers have con-
tracted ahead for their entire output
for 1895, some having contracts up to
March, 1896.
In America he looks for O consider.
able improvement over last season.
He estimates the takings for the year
by foreign and domestic spinners at
S,6O0,O00 bales of American cotton
and calculates on this basis that should
the current crop reach 100000, the
visible supply, October first, 1895, will
not have increased more than $4,000
bales over that of October 1st, 1894.
He claims that with continued low
prices, India will not ship anything
like the quantity she has shipped the
last two years and that with reduc-
tion OF the Asiatic crop, the demand for
for cotton from other centres will natu-
rally increase added to which he points
to the probability of planters holding
back q great deal Of this years product
on account of low prices, and as cotton
cannot be raised atpresent values unless
there is an Improvement, next season
| must witness considerably reduced
| acreage. He claims that the present
heavy movement to market is not an
Indication of the crop, as it might be
| even greater with an eight million
crop, and expresses the opinion that it
is suicidal to sell an article which has
gone far below the price Of production,
| concluding as follows. y
" American cotton has no compepi-
| tlon, and hence America is in far
better position to dictate the price of
this article than any other she ex-
ports. AS matter of course, IL plant
ers continue to rush their entire pro-
duct to market at once, IL they are SO
frightened by current prices as to de-
moralize others, then 1t is even posi-
bic we may witness even lower prices
yet. On the other hand il they mar
ket gradually and hold portion, their
risk is certainly only nominal IL any,
and ii no great advance be established
we might, for o time at least, expert.
ence steady markets, followed by a
healthy advance
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