The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1894-09-12
TIE COTTON OUTLOOK.
ny. Rests sr OF New Orleans Rsvlewa the
Situatloa.

New ORLEANS, Sept. 3.-Secretary
Hester's New Orleans Cotton Ex.
change report on the cotton crop was
issued in full today. After stating
that the crop for 1S93.9t was 7,549,S79
bales, an excess of 1882 over last
year, he says: The largest part uf the
gain was in the group
Of atlantic States. consist.
ing of Alabama, Georgia, Florida and
North Carolina, which ran ahead. The
Gulf States, Arkansas, Louisiana Mis-
sissippi and Tennessee, increased 351,-
600, while Texas dropped off $1,000.
Mr.. Hester puts the average com merci-
al value Of the crop at $3.50 per bale,
against S42 so last year, $3.50 in 1891
%, and the total value was S2S3, ,11S00O,
against 1924, 10000 last year and $685.
$4,000 the year before, showing the
remarkable fact that while tie output
of the last year has been S49,452 bales
in excess of the year before, its COM
mercial value is 81 ,632 900 less.
Mr.. Hester says with al average of
cents per pound which the crop
brought, planters as a class would have
been bankrupt had they adhered to
their old policy Of all cotton and little
| food crops and instances the significant
fact that the cotton States produce
over S14S,0C0,0O0 of corn, nearly all of
| which was consumed where grown.
In reference to acreage, he says the
published estimates are still unsatis-
factory, and comments on the inten-
ton OF q change of the base of compar-
ison on that subject by the United
States Agricultural Department. being
first made known through an Eoglish
source From this information the
statistician OF the Washington Depart
ment has written TO a prominent mem
Der Of the House giving as his opinion
that the cotton acreage of 1893 was
1000, 900 acres, or more than 100000
acres over the heretofore published
estimates. NJ. Hester announces the
result Of his Investigations in this
movement under new system, saying
that several hundred thousand bales
have hitherto been credited by the
trade to Gulf States which properly be-
longed to Atlantic States and that facts
show the seat of cotton production has
not been moving Westward as rapidly
as supposed.
The commercial crop in bales IS given
as follows, in thousand bales for 1888
O.: Alabama, 935; Arkansas, 625; Flor
ida, so; Georgia, 1,125; Louisiana, 400;
Mississippi, GIG; North Carolina, 425;
South Carolina, $50; Tennessee, ETC.,
275; Texas aud Indian Territory, 2,059.
Total crop, 7,550,00O bales.
In relation to American mills, Mr.
Hester says the season has been any
thing but favorable, North OF south.
On the heels of their largely decreased
Zakings for1892.93 Ncrthernmills show
further reduction for the past season
of 86,l13 bales. The effect of financial
strirgency and delay as to tariff legisla-
tion also decidedly were depressing in
luences in this industry, end for the
first time since the war set back is to
be recorded. Instead Of an increase of
81, bales, which with anything like last
years crop would have resulted from
bringing into full play the new spindles
added in the South st the close of last
year and the early part Of the present
season, Southern consumption has fall
en- off 25, 1893 bales. The total takings
North as shown were 1,601,17 against
1,687,286 last year and 2,190,766 the year
before, while tie mills in the South re-
port as their consumption Qncluding
takings from ports) 71S,515, against
743,84S in 1892 SO, and 686,0SO in 1891
92.
Commenting on the outlook for cot
ton consumption in the South. Mr..
Hester says with return to normal
conditions there is promise not only for
an increase of 62OOO bales per annun
in the products oe mills now in opera
ton, but tables show tWenty-one new
mills not completed with nearly 100000
spindles, besides thirty-six idle mills
with 10000 spindles, good part of
which would be brought into play. In
other words, the South has 100000
spindles with consumptiYe capacity
Of 825, 900 bales per annum.