The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-02-09
the COTTON cRor.
f'.s'...,e - Re. nna !. n. e. n,'''o.

l FfHvuMIavS III Ten HmU n H0pu tItNtsON
bales ny = New York Firm.
New York. February g. Predicsied on re-
plies received from inquiries addressed 70
selected correspondents In every county ~
the cotton belt we estimate this scason q
total cotton crop At io.sIs.coo bales. The
average date Of the replies Is January ~ and
they show that ZIP 10 that time BIS Of tho
crcr hsd been marketed, leaving II per cent
In farmers hands with tho balance either
IN transit or held by merchants aud spccu-
lators at upconntcd interior towns. Tho de-
tailed reports from Texas show the total
| YIELD OF that state and Indian Territory
bales. Of which $50 per r' cent had been mar.
ketcd with i0i per cent left IN farmers
This information has been obtained from
government and railroad agents, bank presi-
dtnts. conservative and unbiased merchants
sui ecttcn factors, and We therefore think II
rctrnting thr most recent trustworthy data
obtnlnable IN advance OF the actual move
ment Of tho crop. The reports show that the
has iceil accelerated BY nrlo,is causes. The
crop eliminates VI over il. too. 600 bales pro
mn,Hate1 early IN the season.. The steady
dcriiuc ~ the irirr ~ the staple 10 an av
efage price representing the cost of tro-
duciion with ~ SEXUAL losa 10 planter IN
many nn rse,.ans. Particularly N the Atlantic
bark the crop. Az the scarpn progressed re- |
ports at poor trade IN manufactured goods /
10 ErnIand as well rs In this country and |
runners OF extensive Strikes among thr Eng
i's'i and American mills. together with tho |
iatt that u took nearly Two bales 10 realize Z
INC amour, cXpFcicd AZ The opening q the
season. added To the encouragement Of farm L
crs, The failure of tho pricc TO regnver ma
feiaaiiy from the low rpint ana the approach
Of ~. new cron season has been the cause
OF ire heavy movement Of tho past month.
Thn reports show that the past season has
heeii on the whole the most disastrous year
70 farmers relying solely on cotton culture ms
means of livelihood since 1891. and, bs. q
rule they are SO much depressed that con-
siderable decrease in acreage devoted TO rot-
Ton this. year and also III the use Of Ter.
can not be stated definitely NJ this time. but
some decrease Is certain The majority OF
planters Will. however, he ultimately gov /
ornsd by the price Of cotton during the
months OF March and April and the weather
pordiiinnF IN order 10 pInvent u repetition
have bern and are gtil hcine made hy vari- |
oug organizations and newspapers, especially | 4
~ TeSas TO induce farmers 10 diversity their /
nrnph The high price Of WHEAT aud the low I
PRICE nj cotton has already influenced many |
'arinets IN Teyas 70 plant morc wheat this
'prinh and less cotton, and larger acreage
tally oats, in thai State In North Caro-.
ms more tobacco VIII he plated
our reports show thar ~ present the indi.
1tsonk are most favorable for ap average dp- |
fcsrc ~ the acreage OF the whole breadth Of |
! rei cent from last year. which would bring
he acreage down IN 2l.6is.3 5a acres against
a5lapnn Aarcs planted last yenr according | j.
he estimate Of the United States arr
iiltuial hnrenu, aud q, ss7.ah In 1924 Should r
ne market continue dull and No advance Of 4
ons,quencc be established In tho price this
lonih or IN March, the majority Of ohr cor.
rHhnflMcntE say the decrease ia acreage win u
Frhopt hc larger than me above percentage. | ,
ithont Indications point to large decrease
me 'iae Of fertilizers this season csre. :
al IN the GarnlinaH Eeorgin md AInbnma 4 r
w reports predicate a decrease In these 4
'htet slcra nj IL nsr cent from IBBt vcaf'n
'kifgs. IN North Carolina the sales Mil Q
= ehow SO murh Of a decrease as in tho I
.r states because larger amount than
,tn' VIII be used this year for the Sujtiya
on eoi tobacco, the acreage OF which will ho 1
vlessed. Mcintyre & Wsrdwcll a