The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1899-11-22
A Cotton Crop Of s,700,0OO Bales.
On tho heels Of the government est

On the heels of the government esti
mate OF q 5000, ,000-bale cotton crop
The State has received from Latham,
Alexander g. Co. of New York circu-
lar letter, bearing date November 10,
which indicates a crop of 8,7O9, $50
bales. This firm is one of the Oldest
and most responsible in the cotton
trade and it's annual statistical review
is standard book of reference. In its
circular it says that having received
many letters Of inquiry as to the pro-
bablc total cotton crop OF the United
States it mailed 4,2OO letters to selec-
ted and reliable correspondents cover
ing every cotton growing country in
the SOuth-banks, bankers, cotton
commission merchants, brokers, pro-
prietors of public gins, railroad officials
and planters-and received $500 re-
niles of average date November Z.
These Latham, Alexander q Co. con-
slider "as reliable as any information
fhat can be obtained" Tabulated
they show the following results:
decrease in Alabama II per cent, indi-
eating a crop of 961, ,970 bales as COM
pared with 1, $4,000 bales for the last
crop year.
Arkansas, 24O letters; average esti-
mated decrease 80 per cent, OF a crop
of 583,800 bales. Last year, $4,000
bales. :.
decrease 10 per cent, or a crop OF 63,O00
bales. Last year, 10000 bales.
Georgia, 566 letters; average estima..
ted decrease 10 per cent, or a crop OF
1,244, 100 bales. Last year, 1,53G,O0O
Louisiana, 11G letters; average esti-
mated decrease IA per cent. or a crop
of 5O7,4OO bales. Last year, $4,000
Mississippi, 300 letters; average esti-
mated decrease 12 per cent, or crop
or 1880, ,3GO bales. Last year, 1,522,ooo
bales.
North Carolina, 233 letters; average
estimated decrease 90 per cent, or a
crop of 44S,910 bales. Last year, 5S33, :
600 bales.
South Carolina, 2GS letters: average
estimated decrease % per cent, or a
crop of 7S9,3G0 bales. Last year, 1,1O',
600 bales.
Tennessee, 1856 letters: average esti-
mated decrease 90 per cent, or a crop
of 31S,7S0 bales. Last year, 414,OOO
bales.
Texas, etc., 623 letters; average esti-
mated decrease 81 per cent, or q crop
of 6, ,452, $50 bales. Last year, 5000, ,0JO
bales.
The sum of these averages for the
whole South indicates a crop OF ,I09,-
600 bales against II, ,275,0 600 for the last
crop year. -, -,
Latham, Alexander g. Co. add that
2,14O of the $500 correspondents report
that the crop has been more rapidly
marketed, or shipped to market as
quickly as in former years, and 442 cor
respondents report that from . to Il
per cent. more than last year has been
held on plantations, towns and cities
for higher prices.
"Our special agents." they say, "whC
have been travelling through the South
for the past month to ascertain the
true condition Of the cotton crop fully
| confirm the foregoing estimates"
II the replies from other States aver
age as conservatively as those from
| South Carolina we think the crop in the
South as whole will be below rather
| than above the estimate OF S,7OO,0O(
bales, for our own guess at the crop o1
this State would be between 700, ,OOOanc
75C, 900 bales.
1t is only matter of time when Eu:
rope will begin to buy eagerly ant
heavily atadvancing prices: For those
who can hold cotton it is still the Des'
thing to hold.-IHe State.