The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1900-09-12
AsEORT COTTON CROP.
# the Farmers axe Wise They Will
Get Good Prices.
s ,;;sn.teh from Galveston, Tex

4 dispatch from Galveston, Texas,
saws cotton is selling for higher price
at the dcpots in Texas than September
c5n;rac:, are quoted at New YoIk.
The PLANTER has not got control Of tbs
GOTTEN crop, aaG the spcculators bave
no, the control nf the crop The crop
is cot yrown. 1t is one Of the latest in
u.any years.
Such cotton as is on the market is
hp&ipe ready sale At from 81 to 9
cents per pou1d il The Interior The
staple is eEce!jen, sad the lint Of ex-
trzordinary good color.
The cotton is slow in appearing that
i: is difficult to tel how long this de-
mand will continue, hu: for the present
2: least the planter is sought by the
buyer, and not the buyer by The plant
eT.
Pickers are rather scarce; the rains of
this week have stopped field work and
1t looks like further checking Of the
movement, making the crop later than
ever.
Cotton men are perplexcd as to how
The chasm between tie Cd crop aud
tae oca is to be bridged There are
{ Hers here for ali tie cotton obtainsbie
io the first half of September at 81
cents. f. Q. n, Galveston.
Loca: dealers are inclined TO think
the intarior people will take their time
aeon; marketing this crop.
L.mmcrs 4 Flint, cotton factors and
BIZ; ers: said to-day:
cotton is selling in the interior
towns OF Tcxss a: 81 ceGts CT trlfs
higher. There IS a pronounced de-
ma2d, indicating that there are great
1nary engagements for early shipment
to Do filed.
"Tre supply IS no. eqaal 10 the de
in.ad, and i is the producer who IS hx
ing the p Ice and the bu:e who is do
Ing tire bidding.
The planters Of Ttx.s are in better
>ha,e 10 market cotton slowly than
,hcy have ever been before. No one
2sn tell what they will DO.
They are we'll informed as to the
needs CT the world and the general out
ook for the cop.
They expect coed prices. Too lit
lie cf the crop hss come into sight for
epccu:ators to gas hold Of say Of it.
Such as is coming along IS rushed to
he sea3o.rd for immediate shipment. "
Eustace Taylor, Of Young & Higgin,
English cotton buyels, said:
Never before we're the farmers "A
such a position TO dictate prices. It
seems they are doing it now, and will
contirue dyirg 1t for some time.
The needs Of the trade are such and
he condition Of the crop is 80 tender
shat tie planter can practically control
The situstion untjl frost
WHAT NEW ORLEANS SAYS
A disvatch from New Orleans says
he opening OF the nes season huds the
cotton pla tsr5 in position TO dictate
the prices a. which their cotton shall
sell. This is the consensus Of opinion
amoog Ii" leading cotton men OF that
market.
The planters have only TO market
heir cotton slowly AID jadioious'y ia
order to get at least ten cents pound
10. it, !" said W. ? Bcosa. the leader
1f the bull slice II this market.
''rho planters hold the key to the
situa,ioa, he replied, when asked
::hetbor the new crop was in the hands
vf The spc3uiascrs or the planters.
The interior is bare of cotton, stocks
at ports sre rnpTccedentedly small,
there is li;tle OF no cottoa afoat FOR
Liverpool and rot likely to befoJ several
weeks. Liverpool is almost tsre cf
stocks and the visible supply has
reached the fauine stage.
"All Of these facts strengthen the
haod Of the planters, to ssy nothing Of
The latensss and shcrc1ess of the crop.
The Chinese situation has improved,
20 that it need no longer be feared.
Ashton Phelps, an no~ledged au-
thorisy, told the Commercial oolres-
poaden. that he believed thstihe plant
vrs would control the situation aad
dictate prices.
There is a cotton famine" he said.
The visible supply of American cot
toa on September l, 1900. will be, IN
rouao figures, 610, COO bales.
III is ten years since such a condl-
;;on Of exhaustion has been seen. On
September l. 1890, the American visi-
Die stood at 545, 900 bales, but the an
Hual consumption was not then more
,han 5000 coo bales, whereas it is now
larger By something like 5000, 600.
The present supply is, therefore, rela-
lively much smaller.
".As to the Invisible supplies, all the
surrounding facts lead to the belief that
t1ey are p ac,icaliy nil. The con-
sumption during lS99-l9O0 may be
reckoned as l0, $50, 00J bales, even with
the curtai;uent arising from the Chinese
war.
IF a REDUCTION OF 79O 600 be made
10 allow for less favorable conditions,
REQ iirements Of II, 900 900 for 1906
1901 must still be faced. Ia order to
3e reasonably safe, $50 0)0 bales should
oe z6ded to the visible aad 400, OOo to
,hc Invisible supply.
1t is thus fairly certain that the world
needs an American crop Of II 600, coo
bajes to satisfy i;s needs for the ensu-
iDg y 'l,aths. i lie crop s an exceed
iog!y uneven one. La some seutioES
the GU look is really good, while Others
are confronted with verita5ls dlsas-
g--