The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-12-12

spending time Of last season bApoIts
pared with is2o65 for the same time OF
last week and 162,349 for the corresponding
time Of last season. stock az ny nit teGa
bales. compared with i,oGo,SI9 for the sane
day OF last week and sS7.23S for the cor
responding day Of last year.
The Newberger Cotton company's recent
estimate has evoked the following criticism
from one Of the most important firms In
the trade:
10 the Editor OF the Times Democrat
New Orleans December 6.-The New.
berger Cotton company, In their circular OF |
December 4, estimating the total crop oi |
1902 1903 at 1i,77j.0OO bales, say as TO the |
State Of Mississippi.
1--WE feel absolutely certain that. taking |
the Increase In acreage into consideration |
we are making A record crop
AS we are among the largest buyers 81
cotton In the state Of Mississippi md have
IN the past been very correct IN estimating
the crop Of that State, We think u only
right 70 say las We have Informed our cor.
respondents) In our opinion the crop OF
Mississippi would not exceed 14oo'VO
bales Of cotton. We should lot them know
that we have not changed our opinion, ana
that we entirely Disagree with the New
berger Cotton company's cstimnte " IS
still our firm conviction that Mississippi
IS likely to raise loss instead Of more than
Inst ycHr.
We operate nj large number NJ towns
! scattered all over the State, and nearly all
| OF them UP to this date have received less
| cotton than the same time last year Nicks.
! nurE. LOT lhslnhc,. mas rcrrlNHu 100 pa,v All
/ cotton, against Jh.ilV hnles last Frur' hnu
the general estimate ~ tho merchants In
/ NlCkshure Is tnal the receipts o. NlrhsnuIs
/ WI not exceed $500 bales against lU-'vD
| baies lnSt season Jbcksoh MISS, nus ~
| CCivod to December t. 2T.lN2 bales against
. MOO bales last year dacNFon eNp''ls 10
| SrI =" per cent less iuhn WSt Ntar.
/ We claim to he as wen posted anont
| Misssslpp ana Louisiana rs nny hrm IN
! The cotton trode' and we Wish 10 put our
| selves on record as estimating the crop OF
| hood of 100000 bales cotton below the est
| mate ~ the NeWherEcr Cotton company.
Their estimate Of Texas and Indian Ter.
ritory y $1,000" our information lHa t1
Ms to think that they are Mt least 2joOpl
ont ~ tho way.
Tennessee ana oklahoma they esuma'.
nj bniWh against "1b"n bales cotton last
year. TINS would certainly be most OK
| traordinnry Increase
Georgia at l,1@V3 bales cotton we als'
consider much too high
IN other words we firmly believe that th'
crop Of 1902 % Is likely to be below teI
and three quarter millions instead ~ H.
! 10000 bales cotton, rs estimated ~ tn
- Ncwhcrecr Cotton company
We do not know TINT our guess Will In
forest tho public In any way. but we sim
ply want the cotton trade 10 he aware n
q The fact that there are some irms IN IN
n cotton business who do not believe TIM
, the Jerome Hin. Ncill. Gunther and New
q hcrgcr Cotton company estimates are any
where near correct
We can SEQ no reason why this season III
crop should have been marketed slowc
c than last season Every one comedies TIM
"a the crop was much earlier The Septeu
~. her receipts vorc tho biggest on record
" vet In spite If tho fact that pretty muc
e al Southern newspapers aud the yolumil
n Gus circular writer's came out DAY nftC
40 day with bcnrish articles and hiG crop q
> inmates md predictions n hnanci'
n troubles tho movement FOR october an
IL, NnvCnbpr has bpcn smaller thGn last yea