The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-01-14
'IsTAINs THE ESTIMATE
-uro. n. PRICE RElTERATEs
L THEORY OF SHORT CROP.
A. Co.'s Figures Of 9445,7o4 Con-
800 BY Best Authorities-MoVe-
r.1s Is Index to Demand.
| s(Ir
~ ,nsc,s, 70 The Post.)

yo,K. January 13.-Mesrs. X. T. Will
Fe, 20. today published their es-
go NJ the current crop. 1t is 'iip''W /
.t.+e they have obtained the inSr-
~. for this purpose from bankers aud
~ .oonIe who raise, gin. buy AMI trans
4. notton In all the cotton growing sec
H. Of the south
-, the average for the past eleven
H. Messrs r. T. Wilson & Co.'S esti-
II. has been within 10000 bales OF the
"a, ont turn. notwithstanding the fact
a, ,bs bears violently assailed the cred
H. ~ Nessrs. X. 7. Wilson G. Co.'S es-
-. there seems to he no reason In my
as m doubt its substantial accuracy
n every proof to which | can subject IL
In hears out the figures that they have
zNusbed. They are, moreover, practically
[,sInpd by such authorities as the United
4 ,os government, Messrs. Latham, Alex
L. r. the New York Journal of Com
2rce Messrs. ]. II. Parker d Co.. ana
r,v own figures published on November
Hbich represented the most exhaustive
4 estIgstion that | had been up TO thLl
BE- able to make ,,h an , now Of deter.
fDinp the comparative stocks OF cotton
tnlus ali the Southern towns having
+1stion of more than 800 people A
y nrt has been made to dispardgc Mcssts.
Eson A Cos estimate by putting en-
Sasis upon the present relatively large
*vemcnt of cotton which is running ON
In eouBl to that If last year when the
IN turned out approximately lo,4OhVp.
Nave previously entered INTO an eldhor-
Il argument to show that the movement
Tuot an index of the supply but Is rather
u ,ridsutn nf the demand.
II have estimated the January movement
IA wear at l,0OOOOO bales, probably IN
xress of the actual figures but asSum NJ
IN we had received this quantity during
1nusry we shall have in sight on the first
II February OF this years crop IbO4,pO
appears that the movement last year
IL the sloWeSt on record while that of
Kqe0 was the most rapid on record. II
Ia appears that in le34-e5. when we had
4rrop of nearly 100000, there was at the
IN NJ January nearly 10000 bales more iu
Mil than there will he at the end Of
anuary this year, and that heavy January
Myements are not nfrequently found in
ia case of exceptionally small crops Fig
nng upon the percentages given. 1t ap-
mrs that If the movement If this crop hus
ben as fast as the fastest Of the past
1nrteen years, the total production Is only
4<3000O bales. If It is as slow as the
kwest, that is, that Of last year, the
fop is l04uO.OOO. II il moved with nV-
IA CROP is 3 585, 900. believe thai the
obvemeut this year and esperinlIy SIN
ID first Of January has be, Il one OF excep-
ional rapidly and ] cannot therefore, set
"a reason 10 doubt the substantial aC-
MACY OF Nessrs X. r. Wilson A. 60. : u.s
rs
Nv reasons for believing in the rand
uoyement Of the crop are ably stated N
1nnony nj G2'iveston Texas ~ ia ,IIi-S
II Who estimated mo cron nea,i, tw.o
pcnths aro a. "a ia GOo ana u.b'ch ~
Nh ouote in fuli
,pries adirHssed W. 70 'ue nunlvIous IN
5nbeld nm, esti,1,te an fba liza ~
"a sons cron in The fact ~ ~ ~.
'slpts nm 70 the end Of tba ' 20, ie|rS
1rtssed circular innI,irv 70 ,iinn.,, au du
NJ oIi MIL 'tsD ia ,uqu,tE TO Almost all OF
Ia circniar uo bo,.a eo'tuu pelt. 10
6kre than 15o answers a,5 ne Irge' tu
Ism contents se fo,lnu,s! VIC SUN ll4l.%'
"a The farmers .,ovn soid ana ,,,,,.o., .h..,.
"a ~ ~ . - NJ NuNc soIu ana moved their
n ron tIiS year nluch more literally than
IA nroiurar noue +b ,vSS Gotton - held Dy
Ma Tba oarc-ol al an. i iaSt 9ear az TINS
miners ali 5etl,ic1b t5nieltS among me
Ia sell almost fost q In n,u.tl.i was
ened The same conditions nreva all as durn We
Epeclay mention in HIissiSlinp, az we
I'm reports from sonHe am leAds'
ebpi SHOW ina ,baro SeUt tG VI NisslS
eotton In the field MARI of sum i,,lt wv,
1f pickad on account 80 - -.a,.t w. ~.
reborts fron, royos va az " t4tuel. Tue
IG farmers bgr5s INV nat [uaT Ine amount
San in MAST yoors - 'uuennIteIy Snlilrt
&c the folloVin, rs.s uuiiip e. OF reports
nbvement ~ tb. a,o,, T a,Ii iSt the fast
In cotton ;s Ma auu Lut lact Juat iar
II The vaatbn. nu"n iast year;
ban verv favorob az S Son 'ng tue IAN mas
Inerketlne '"'''a"'e lor harvesting ana
"a Owing IN tho rar, sr,,,, ,.,-,u,,. &,
xralp. cotton soaI Wy sulall movement IN
6drtaiiop facilities fo,. "nu C"he tne 'Iaua l
sfhte of Nissise,r n p rs years, IN ony tne
experIepced M tpmos" was scarcity OF cars
~ MANY farmer oI,, ,,,o,..,,.4. III,
tjetop last yaar SAu IN 1IeLCnahts VINO heiu
disappointed and had ~ ~ t egn's LIVER We're SadiS
Sehind them I tbar WIN tnls eXperiehre
Iear as fast - ,So5 ILL Inelr COTTON TINS
II For the roo p po,, =,
n the mercbants ,ileh h'i unuer NO o.,
3ushed fhe farroo., d NV. pdnhels geherally
Ia as harvsstad 10 seH ahn murKet as
III In some Sto,oe ,t.,. -. ,,-,.i..
2atil the United States AGRICULTURAL bureau
port was issued on Drctmhcr . Tnon
ia VI A'-FCNulutA lp'h