The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-07-27
MARKET UPSET
BY NEW |W REPORT
Revised Government Figures
Cause Great Excitement on
Cotton Exchanges,
MADE BY BOARD
. (Ev AssncinInd Prnss

WAskIiNGTON, July 26,-Assistan
Secretary Hays to-day made the follow
Ing report to Secretary Wilson on til,
acreage OF cotton In the Southern State.
In 1905 as compared With that planted
In 1901:
The Crop Estimating Board OF
the Department OF Agriculture has
considered the report Issued by tho
Bureau of Statistics on June I'd,
relative to the acreage planted, In
cotton in the Southern States in319o5
as compared with that t;plnnteda In
1904. and has concluded:
First, that a new estimate should
be made on acreage planted, and
4 that the figures In Mr.. Hyde's hands
when making his estimate should he
used as the basis.
Second, that Mr.. Hyde, with Mr..
Holmes at his elbow prompting
him, made the estimate lower than
than the facts at his hands from the
reports from the seven classes of re-
porters employed by the bureau var
rnnted.
'"rhird the board finds, upon care
& full consideration Of the reports of
all classes of correspondence and
agents, that the acreage planted In
cotton this year. including the entire
season should have been estimated
at S5.1 per cent. of that planted last
year, equivalent to Il reduction In
planted acreage AZ compared with
last pear of 14.0 per cent. dnstcad OF
ia per cent? or Alb 900 acres
the estimate Of tho total acreage
planted this year being y, $4,000
acres. sS{
tpI ( ~ fhc
decrease in each of the cotton grow
Ing States Is as follows: Virginia, 40;
North Carolina, 10; South Carolina, Al;
Georgia, IA; Florida. u; Alabama' III
Mississippi, l6; lsousslana'ssq1l7; Texas,
49, Arkansas 10; Tennessee, ~; A3s-
souri, Is; Oklnhomn, Is; Indian Terri
tory, II.
"The averages were made for each
State by each Of the four members
of the board, and the comparatively
small disagrccments were harmonlzed
almost wholly by averaging and the
above results nretfully agreed to by
each and every member of the board,
"Rcspcctfully submitted,
"vlCTOR OLMSTED,
STEPHEN d. FEssENDEN,
.A"GEORGE IL. HOLMES,
wv. w. LONG.
Crop Estimating Board"
"Thc above findings and report
made under my supervision have my
entire approval
(signed) wv. II. HAYS.
Assistant secretary In charge
Bureau of Statistics"
approved:
GAMES WILSON,
Secretary Of griculturc. :
Announcement was made at the Depar
mcnt of Agriculture to-day that Mr.
Bertha Burch. private secretary to fol
mer Statistician Hyde. Ind resigned, NJ
that the resignation had been accepted.
Tho grand Jury Investigating the cote
report scandal heard SIX witnesses o-dn
four of them being from New York. 1t
believed that the investigation will col
tinuc for two weeks.
Prices Shot Up.
jBy Associated Prcss.)
NEW YORK. July 2d,--Erices for co
ton bounded upward almost instantly t
day. when The government report Of Il 4
crease of li,9 In the acreage planted, z
compared with last year, was receive
on the exchange. The gains ranged fro
twelve to fourteen points, October rcac
ing ell,l7. tremendous selling, prcsun
ably By large long interests followed, N
prices went tumbling. October was l,eiltc
down fifteen points from the highest
II 90 The market was excited and ire!
ular.
Excitement in New Orleans,
lBy Associated Press.)
NEW ORLEANS, July 2b.--The da
/ ~ u,it a,,, NJ t,,