The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1904-06-10
The Situation In Cotton

Io-dR1 tbO VI
r,culture will issue its initial re
port for the present year on tn
! cotton crop. An estimate will n,
be given on the acreage planted
This estimate is arrived at by tn
application of percentages of in
crease or decrease furnished b,
the large number of correspon
dents the Agrluuitcrai department
maintains in every county of tn,
c Dtion growing States. The show
ing of the Government on thi
matter of acreage Is generally wei
within the margin of accuracy
and Hs result its acreage esti
mate-is commonly accepted as o
the highest authority.
OF course. all guessing AS 1,
what the Government report vii
show is of little practical value
nut ia the light of the popular op
,nion on the subject an increase
# from ) TO 10 per cent is believed
be the likely showing That
here has been n substautIai iu
r"aSe in acreage ~ generally con
drd. aud it would be sirHnge in
iced We're il not the case. cuusid
e Ing the high prices which hav.
prevailed dur ng the past season
is beyond human nature. Hfte,
successful ason. not To pian
much iton "a possible
The G"N~in ct report issu'-
n-da> WI A. g'r~ an averag.
ii lh. .s.m.iillnA of the Gro,
4roun,! Hun ~ .-a"h State aue
generHi Y ra.,e 10 the entir'
& TO Bet Thor IS OF COURSE
.othing NOR, eep'.ve than pei
.ntag..-. aenct4 all sorts nf calcu-
,tione nre always made on III
,uvrrnnt n'- June figures Il =
lappena that the average c0ndi
uon r, r,purted ON June | in eacl
year b. ars no lroportiOh wbai
'ver /. The crop later on rraprd
oometiih, low percentage o
condition has be n followed by !,
.teady Improvement. aud finally :
good crop and in quite as mauN
asses high June average has led
ii Disappointing Weld. The
Governments average of condl
ion, therefore, means nothing
more than au expert exposition
# the condition of the crop on OF
,bout June | compared with wha
night he termed an ideal con
dition.
Last year the June average was
a. per cent. the lowest Jun,
condition average on record. \
better condition average is expect
ed this year, although the draw
backs to the crop. due to COO
weather during April aud May
and absence of sufficient rains it
the Atlantic coast Sta-es preclude
the expectation of an average any
where near the ideal.
The curiosity as To the charac
ter of the Government report Oi
to day is based more on the prob
able immediate effect upon price,
han the indicated ultimate yielc
gagged from present indications
The modern fashion is TO Hutici
Jate the future hence, prices are
likely to be influenced upon the
outlook for the coming crop, s
Indicated by the Governments
although 1t is we'll un
tHnf l..s.l..
ions for the future can b" mad
lpon the apparent condition q
he crop at this early date
Recently the cotton market ha~
Jumped badly and prices hav4 rv
,eded to figure not experienced
ince last sumner. This declin
ias not been based upon existing
uppiies. AS they are peril as y
rear the famine point. bu, upon
he expectation of full crut. Tor
be coming year Should the
report bear or this
xpectation. the decline will prob
.oiy hold and may even be con
inued, bn' If on hc r'her hand,
he GOv, is4eni iirrt should
ause even u suspicion that the
rop is .ii ..1r.s L. i. i out as
rl! J. ~ II Il pee 1t 'Vpect.
T,ac:.on rDu!,i hc ,.blv
I.ou4h. II - his il IA zee t. eon
~. uumeltrls- course Ot psicfS
hat rnuses the trade Ia await 18th
uppr,s q agernes~ t" day Gov
ri.uI.nt cutlon report New Or
asns Plea, une
Frmlninr ind"ci ION. Which
ide do ,ou savo. Z" asked Mr.,
luizl rs he laid down the paper
nu Int Il cigar. 4 don't know"