The Savannah morning news., 1900-09-10
SEA ISLAND COTTON OUTLOOK.
INDICATIONS ARE ron BErTER
PRICES THAN LAST SEASON.

Mr. 4. Gourdin Young says the sea-
son Opens Bare of supplies. and
That the Many Iwcs OF sea Islands
VIII Reautre . nag supply 10 sat-
fsfy the Drmana-Mfth an Increase
OF over 10000 BaG. In Last Years
Crop Prices SCARED skyward.
Farmers Taking steps 90 Market
the Crop IntelIis-ntly.
Sea island cotton planters seem 20 have
before them a season Of prosperity which
promises 20 be commensurate with the
good times which Is apparently IN store
which obtained last season reached
high level towards the close. and the fact
that mos, OF the cotton boughs then went
into consumption. thereby leaving stocks
al the opening OF the new season rather
shori. viii probably have q stimulating
effect on prices This and other influences
will mos likely be 20 establish good
prices at the start and which u Is adj
mitted will be maintained BY the inteln-
gent marketing OF the crop
Mr.. L. Gourdin Young. for many years
an authority on the sea island cotton crop
and conditions. and WHOSE opinions are
recognized by che government In its va
rious reports. has just prepared his an
nuai statement TO the trade. THE state
ment consists OF a statistical resume %
the last two crops. the trend Of prices
during she season. and the general condi-
lions prevailing during the season IN The
different states in whtch the crop grows.
To the sea island cotton farmer VINO y
interested more In the growing crop than
he IS IN that OF lost season. the last para
graph In AR. Young's statement will be
read with interest. Only a few bags Of
sea island have been received this season
80 that prices have not yet been estao-
hshei. and will probably not be for n
Tesk or more YET. A. 20 ,he prices for
the growing crop however the statemeui
says:
We are inclined 10 think that when
ne receipts are large. and there Is an ac-
emulation OF stock. the famine prices
which have obtained for some time past.
will hove TO give way: but Il must he
borne IN mind thas the seascn opens bare
OF supplies. that sea Island now enters into
the fsarications Of many articles for which
q was not used until lately and that large
crops are necessary 70 meet the require
ments OF the trade. The supply does not
promise 10 BE- greoter than the probable
- mand. large or permanent decline
should not therefore be counted on: and v
further disaster oefalis the crop prices
may he higher than they are now.
In Carolina there was a slight increase
OF acreage says Mr. Young. about the
growing crop. but the weather condi-
tons have been uufavorah.e. and IL Is
doubtful The yield VII exceed that of The
last crop.
In Forida and Georgia Il fs estimated
thar - per cent more land vas plan.ed
and THAI there was a like increase in
fertilizers used. and IN tho quantity of
new seed sown. as compared with last
year; but heavy rains. followed by intense
heat and protracted drought have SO
damaged the crop that many believe that
Il will not exceed that 81 last year: and
some think IL win be much less The cot
Ton plant however. seems 70 have great
recuperative power. and II the harvest
weather be o. favorable as Il was last
season a total yield OF 1000 bales Is IN
the range Of possibility. A few bales OF
the new crop have been received. and
there have been sales OF 10 TO 20c The
quality Is good"
That sea island cotton viii be In great
demand by reason OF the increased uses
which have been found for ~ Il corrobo-
rated by various trade journals. which
have been reviewing the situation OF late
The manufacture Of fancy goods of all
kinds, such. for instance. a. fine neck
wear. takes large quantities Of this DOT
ton yearly. The hne quality OF goods
which can be turned out By using sea
islands has been discovered by manufac-
turers. 20 that the great demand from
thread companies IL opt to he very ma
teriasy increased by that from other
sources.
Mr. Young's showing for the crop and
the exports last season are as follows: