The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-11-04
GINNERS' REPORT
READ TWO WAYS.

Argument for Their Sides.
That the ginners' report issued by
the Census Bureau of the national gov
eminent for the period extending from
the first of the season to Oct. IS. is
not interpreted alike by all members
of the trade is shown by a statement
made by one member yesterday. He
said:
THE ginners' report as published to-
day is of little value in making an
estimate of the ultimate yield of cot
ton for this season, but as an item
of information it was interesting. The
leaders of bull pools and of the
bear cliques.' siezed upon it, however,
and each according to their own meth
cd of calculating, made it favorable
to their side of the speculative futures
market.
THE report shows in round figures
that some 6,500,00O bales have been
ginned up to Oct. IS, this season
against 100000 bales to same date last
year. This indicates an enormous yield
for it is well known fact that there
is still very Fargo portion of the
crop to be picked, as we have had
continuous complaints of a shortage
of labor from all sections of the cot
ton belt, and these complaints are
still heard.
Reports from the interior do not in
dictate that ginning is more than half
completed; ginners visiting Savannah
during this week have reported ial
particular instances that the number
of bales handled thus far is away ahead
of year before last, not to mention
last seasons short crop. Although
new ginneries have been working in
competition, and say that the work is
not near through.
"A letter from Greenville, Miss, writ
ten by an Atlanta cotton buyer re-
ceived to-day, reads: I don't believe
1 have found an intelligent opinion of
the crop yet, but from all of the farm
ers that l have talked with so far it
looks as though the crop will be at
least 20 per cent. greater than last
year. l am quite sure that you can
put Middle Georgia down for a 20 per
cent. increase over last year. / had
long talk with a farmer Cor planter
here yesterday; he plants some 5000
to 10000 acres in cotton. makes 1000
to 5000 bales. He said that individual
ly he would make considerably more
than last year, at least 20 per cent.
would do as well.
around here there has been quite
an influx of Italian labor, and the bulk
Of the crop is out of the fields; but
from twenty miles north of Greenville
to Memphis, Tenn, the fields are white
as snow; miles upon miles of cotton
on the bottom lands along the track
of the Yazoo and Mississippi Valley
Railway never having been touched.
Still the gins report having ginned
more than last year. Travelling men
report the same condition west. be-
tween Greenville and Vicksburg.
'These conditions are reported from
nearly all sections of the cotton belt.
Conditions this season cannot be
compared with any past season fairly,
for never in the history of the trade
has there been such perfect year
for maturing, picking. and handling
of the crop. Frost has been felt in
some Of the northern districts Of the
belt, but it has been beneficial in many
respects.
THE plant is still growing in the
Southern sections, and more bolls
opening every day A light frost
coming some time ahead of freezing
weather causes many young bolls to
open that would not produce IL they
remained unframed until overtaken by
a hard freeze. A general killing
frost now would do more good than
harm, and could not affect the yield
to any material extent. as II is gem
orally expected about this time every
year.
cat the close Of this season the re-
suit OF the work done by planters
should be very satisfactory to them,
for with such an enormous yield per
acre, and with such good prices being
paid for the staple. II they do not
make cotton planting a financial sue
cess, they had better put their efforts
into something else. The South should
be at the end Of this season, II prices
for cotton can be maintained. rapidly
approaching the position Of the lead
ing section Of our country"