The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1898-08-20
THE COTTON OUTLOOK.

MISSISSIPPI anu Louisiaua ha'S w"
damaged nearly half by rains and the
army worms now destroying the crop
in Texas, we do not know. The
Dispatch says:
The last published report OF the
government on the cotton crop con-
litions showed the conditions. were /
sunerior to last years, with the acre
age practically the same. This would
mean a big crop If conditions contin-
ued favorable.
There are a great many Things
stiIl to be considered, for, as an OLD
cotton man said, cotton is not maze
until il is baled. There is the pros
meet of more rains, of early frost ana
rust, any of which would shorten the
weld and there are an equal mum Der
Of causes which would operate TO
raise or to lower prices. The CUES
ton is one almost of guesswork, so a
reporter has collected the guesses OF
several men prominent IN COTTON
questions. The guesses or estimates
vary. but there seems ynanihity on
the subject of the yield. This Is
placed at ten and half and eleven
millions by ter men out of the dozen.
One alone puts it over and one alone
makes il less. These estimates, as
The names show, are taken from all
olossos The buyer and seller and
sta,istician are all given a chance,
and the opinions are representative IN
the broad sense of the word.
The following are the opinions col
lected on Tuesday:
Mr.. Johu Post of ]. A. Post d
Co.-The price of cotton vii go
lower. | think, this fall. The indi-
cations at present, if nothing came to
| mar conditions, would point 10 a
-. 600 .OO0-bale crop. This would
force prices down to cents In Ne"
York at least, and might send them
lower. l do not expect the present
, conditions will hold, and, l estimate
a IL, O00, 000-bale crop. This should
make prices little lower than they
are now. and any other weakening
influences would mean much lower
prices. .
+ Battle Brown, of Hill Fontaine &
Col do not expect the big crop
some of the experts say must come.
| have seen predictions for 10, 00o,'
G 0OO.bale crop fail off until there was
5 hardly 5000, 600 bales. / do not ex
e pect that we will have over lo,0oo.'
COO bales at the outside, and early
frost will lesson that materially
Cotton has not been so low before
; crop was made in many years, and
I, think the present prices will hold thu
= fall.
. DIR. Spinning. of Polk, Spinning Z
Co.-About 100000 is my estl
= mate for the crop; certainly no NOR
n than that. The prices should holt
Vt or even advance with good demand
it The country is using plenty OF cot
ton now and, will use more.
Mr.. f. G. LaHache predicts abou
the same prices, with a 10000, 0O0
- bale crop.
d MIR. /. Med. Massey-There wi
al be an enormous crop and with sue
N a crop the prices should go lower
: The conditions are now good, and
!" think 1t will lake very serious dan
L. age to make the crop below presen
he Indications. I will predict IL goo
" 600 bales at least, and prices goo
deal lower. The fact that the mari
ct is so weak now does not presag
good for the Immediate future.
q. MIR. Chas. Morrow-There will |
10 big crop. am practically certain
al IL, 900, 900 bales at least, probab
"A more, Is the way 1 would make 8
estimate. Cotton is now ready f
dry, hot weather, and we ought
o. get that in August, as usual. II
al rains have made cotton grow, and Il
be fruiting should be very heavy, nc
y. that hot weather is in prospect. Go
ton had boiled some when the ra
"a made it sprout again. These III
ne bolls were not shed and new on
,st will come on the new growth cote
it bolls fron the bottom. Cotton. II
peas is hard 20 kill, and will b'
again if it is left to grow and there
-. no frost. With even good CT
:, prices will go lower expect
liy markable crop.
we AIR. j. f. Frank, of j. +. Frank
it Col can't tell exactly about
no crop; no one can. MY guess wou
- be about l0,500,00O bales. 1
." trouble is, farmers, lots of them, CT
ig- not hold their cotton, as they ha
ity not the money. The putting of
emit stuff on the market breaks
Ia Prices should be about the same
:. big crop; higher on a small OF
Ut MY advices are that cotton is
aes boiling well, but has very
eel. growth.
the Mr.. w. w. Ashe OF the III. Ga
company--Ab 1l,00o, 900 is
:" estimate. This, however, should
the force prices down, as they are
ers enough. The demand Is fair
ed. there should be fair prices. til
they will hold about the pres