The Weekly Tallahasseean., 1901-01-24
Freeman on the CrOn.

bearing GATE January 4th, the fol.
lowing circular was sent out from New
York by Chas, D. Freeman & Co..
Cotton brokers:
ave desire again to call your at.
tention to the size of the crop indi-
Gated by the movement SO far this
season. For the past twelve years
the average movement into sight to
January LIST has been 70.4 per cent.
of the total output.
The amount in sight to Janu
ary LIST this season according
to Mr.. Hester figures is 6, EO7 600 bales:
Assuming 29.6 per cent. to
come into sight for the bal
ance of the season. equals - III !lf3 baIes
Total crop, assuming the move
ment to date to have eQuaed
the average crop OF the past
'Our information, gathered by
special agents, and by extensive cor
respondence confirms the opinion we
have heretofore expressed, that this
crop has moved faster than the ave-
rage.
"ln our opinion, therefore, the
maximum of this seasons output NAV
not exceed 100000 bales, and NAV
fall materially below it. In this CON
nection it is noteworthy fact. that
to the LIST of January in 1897, when
the total crop was only $751;, 900
bales, the amount in sight was 6 $685.
1872 bales, or only l34,I7I bales less
than the amount in sight to the same
date this season. In 1891-1S92,
when the crop was only 9,O35,37O
bales, the amount in sight to Janu-
airy /, 1892, was 6,446,O86 bales, or
only 1928 bales less than the
amount in sight to the same date this
season.
sit is also interesting to note that
in the crop of 189l-1892, the amount
in sight to December 1, 1891, was
4,782,232 bales, while the amount in
sight to December LIST, this season,
according to the Chronicle, was f.
795, los bales. The movement this
year would seem to run more nearly
on parity vii b the movement in
1S9l-1892 than any other season.
While we believe it has moved faster
than the average, We do not now be-
heve that it has moved as fast as the
fastest. In the early part of the sea-
son, during the cotton famine
months, the movement was as rapid.
in Our opinion, as it could possibly
be. We are informed that the farm
ers camped around the gin
houses and rushed their cot
ton to market with the utmost
rapldlty. During the three weeks
following the break of October 10th,
we believe cotton was marketed more
slowly than usual, and that rapid
marketing did not again set in until
the November advance, since which
date the movement has been more
than normal. 1t is safe to conclude,
therefore, that the movement in
sight to date is somewhere between
the average and the fastest of the past
twelve years.
"In our opinion, an advance in
prices will bring on large January
movement. There is a balance left |
OF this crop unmarketed, varying in
amount anywhere from 100000 to |
100000 bales. Picking and GIN
ming is practically concluded, and
this remaining portion of the crop is
ready to be sold as soon as saisfac- |
tory price can be obtained. A1&ae |
January movement, however, wotild |
not indicate maximum crop of more |
than 9,50O,OQO bales.
zone million bales for January
would only bring the amount into
sight to the LIST of February, 1905 |
QUO bales. For the past twelve years,
the average in sight to February LIST
has been 1910 per cent, so that even
100000 bales for January,
we would have an indicated crop on
the 1st of FEBRUARY of not over
{, 500, 900 bales.
"a word now as to consumption.