The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-01
SHARP RISE IN COTTON VALUES

! day we're ii.Si4 bales. compared with 60.
7sl Tor the corresponding day Of last year.
I Since Friday they have been 23.2l3 hales,
compared with 2.gSs for the same time Of
! last week and $3.50 for the corresponding
! time OF last year Thus far In the season
| they have been G,siT,+46 bales. compared
/ with 6aSO,i54 for the corresponding time
1 Of last season. Exports since Friday have
| been 85I bales compared with igE,s for
the same time of las week and 4I,0l2 For
The corresponding time OF last year. Stock
at United States ports for the DAY was
es722a bales, compared with SOL 5s2 Tor
the same day OF lasi week and 743, SIS for
the corresponding day Of last year.
Following has hecu The movement a.
Alexandria Egypt for week ending March
~ with comparisons Receipts for week
J00tN against i2J.OU0 IN 1901 aud 5000
IN l'Hr; since September I G.2JOOuo. ngalnst
4.Gil. 0O0 In 1901 ana G,2s3,VO0 ia 1900.
The question Of the next crop must soon
be reckoned With. Dealing With this sub
jee, at this early period, AIessrs. j. NJ.
Aver s. Co, members OF the New York
cotton exchange, 80 special report pub
lished on March % sag
While there is yet some discussion as TO
the Yield Of the cotton crop for the season
iHi2. we have left that subject 70 settle
itself. You have perhaps noted 10 our
preceding circulars that our opinion is
That the crop viii not greatly exceed 10
cocoon bales.
Recently We issued circular letter Of
inquiry to our correspondents throughout
the cotton belt. This circular contalped
tho following questions.
]. DO conditions ana prospects Indicate
an Increase or decrease In cotton acreage
In your section and what per cent either
/ = VIII there be an increase or decrease
? in amount 81 fertilizers purchasedG What
3 IL there any grain shortage OF any con
sequence ip your locality and VIII the
grain acreage be Increased this yesr to any
IN 10 March ~. we have received $50
replies from 49, different towns, represent
ing Gl3 counties TN nine states. A tahula-
tlou of these adclccs Indicate the following:
An average decrease IN cotton acreage
+ from 1901 ~ g per cent.
Z An average decrease in purchase OF fer
tili2crs from 1901 of r. per cent.
/ An average increase ut grain acreage
over 1901 ~ per cent.
In addition to the advlces above, We
writer's cf which either overlooked giving
( postof6co address or sending their names
Indicating similar percentages.
Z W. have also taken note ~ various com
municntlouf. published ny the commercial
Journals, from tho cotton belt Of these
: We have recorded 3 from Alabama. from
.hAAhu-t". 2 liolu rfNiElat = rom LOUIS
mns. Z from Mississippi N from North
Carolina, Is from South Carolins 20 from
Texas and 2 from Indian Territory These
communications are To- iino wl h our direct
adrtces giving N anything greater per
cottages particularly I'm tho matter Of rp.
dneuon in cotton acreage and increase in
grain acreage
II viii he seen, therefore that the In
formation We nre n1crIng Is based ola di
root and indirect 3dviCcS from ISL CORE
sponlents
II is no. our purpose i'm this circular TO
make On estimate hut TO otfor such ia.
formation MS We think may be interesting
IN our customers and friends We desire
10 state that We have the utmost confidence
no the Integrity NJ our correspondence and
we believe they have stated tins situation
ln their various localities quite accurately
mo mrs. government estimate ~ cotton
ucIcare for 1901 WAS 2T.5J2 451 acres In
'ccoWbcr this estimate was reduced on
account nf abandoned HCds To 16 sOy n2D
We use the first estimate for comparfSop
l MS We presume the FIRST planting uf last
year is the status ON which our correspond.
ents nave based their sra empnts
! Assuming that there will hc q rcluc' ion
I OF per cent In the acreage this wear l1qO9,
4 ~ apprIts that the planting win amount 10
I s',NSo 4oN acres Az rs usual there Will
/ nc some reduction In his on account Of
! abandoned fields. etc and We estimate \
( reduction OF . per cent Reduction has eN-
/ ggro'd per cent for the past two years..
/ The producing ACREAGE therefore. may 10
/ estimated az 2l,3G2. TCO
! by Stntcs McssrA. Aver & Co S Arurcs on
acreage and fertilizers are rs follows.
column no I. numhcr towns reporting.
lulnmn NO. : per cent decrease cotton
column No. g. per cent decrease fertilizers
used '' ''''"''
Column No. 4, per cent Increase rraln