The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-05-19
Exseut0g
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w tNufHta "uHs
,..,,,.,,., s.A ,,c,s ses, gss,ws,ins
rH,'y dns 7, taygfsh,e tra,s.t y wv 80"
tsi l,o. esasagf ssgia aeeilue after ~ eHfir
atts,.s fberg,ts pttre f,f fse ds ast.
VI -. -. \, t.ss nos, ,uIvg ttiv
" $500 Frms w ns' u,"s., Ii. s,w'
AMI Oetohnr ~ . rfettf Hnetai ~" " r'W
eaag fenoft a,ay he Trusted tHtat iurf ~
. se,t'rren' vNh way 80 ny -. lee
vh''h cnhie Ifv'n w. spusn ~ ~ INV
pori Was dHtiei ~ the Iesd'ha WINS
,Is",n,.d ccr,,r,ss snd tS,bsm. tlssandsf
M. -. al ~. satsses
y -" 1870 "..s -. - b, NOV
~ only aAtS, EAvefpo1l rontlH ~ v" WV
IaIv fferiy IN undoina stfaddles SON ~
,hs .,ns I.,.,s.,s sssa supncsrd IN be burins
july on = fatr scele
Vet ~ times rnom traders ami brokers snp'
roerd 10 represent certain spot Interests ap-
reatc,I IN A.. s.iuns The mafkef doUb "a much
n-.- ~ "..'aia n,,,Ls, M s,op
~ p""N'"'~' ah" ' $500" 49,.
there was more ~ lss- support. bu, I, was not
ot n very aegreaaiv. character
-. ,ada,n, adiv in m. main
favorable. and N II continues NJ much 20 NJ II
IL "a, the moment n will he interesting IN see
lust how the market will act. There are
hose Vbo believe that under such circum-
stancssit will dee lire, The bls demand for the
actual staple. however, continues, and from
Present apPssranG.s .;e'ns likely h.sD tho no main S"n,
spppor, OF ,ba market for a good while past.
Without il the spot markets nj the South
fiturc. down With then. Nhateyer operators
on The hull side might have done 10 prevent II.
That the English trade is alarmed over the
To- !" \, ~, cent ~, IIl SUNNY l. evident from
~ "a, ,ha," y, ia,s. and Imnortant deputa-
t,on u "o''3n manu,sS,u premIor CampbeIl.
Rannern,an reiativc 10 the necessity Tor OPEN
iny new sorrres Of snpply' The deputati ion
represented that the Cotton trade 10 In a
49, rinu. ,oai, ON that nritain depands on
hhmerico Tor rs Ger cent OF her supply OF raw
material, and therefore ii ia absolutely neccss-
Oily salvation !, Was aec, 1rn n lns ~
The III, premisr VA. Esry sym sps ~ anv o n1o Sobaa
tbough he nj fayorsblv consider any scheme
for railroad constrGctio ION involving reason
ap Re-, r. Him ha manS y dRv before ENGLAND
and the Continent become independent OF
America. ,,o,,,., N..sr. ucr.dd.n. Nobr
vnhd Wuann SeiIsr and varions Iiyerpooi
houses Sellers Dick Craig Carpenter, Hut-
,,oA' Nprarh q co, sa'a u. n,rins ihe last last few
year Years the cotton Markets OF the world have
excitement oyer me apparent o1'strspP nrn
auoins Sapasl,y o the orafs oS u Which
result OF a sef'eS OF moderase Tro,s 1 iaaa
almost epleted of cotton and cotton goods.
Inc peS9i' tS. nre or ons Mpinter was fresh in
pay pnes mlpds nnS nroduceps and CONSUMERS. pre-
d,ctions were ired'y ma or s snaycitw and HIN
Iare a pn r3'1 tbs sas,ina hocsme Mite pe eermsl
I R%l'f Earo a@o t hat i the only ssiVstion Of MANI
tiSstion Of cotton . ~ ~ 9 ,ahsIol parts wSs Sf n the w S,ion
rose. according to the census reports. from
tension .easI1 io tSm y mann a. p |" ,r tna1 c STTp not lik ell,
g Be 5epesis ed + 3 many ye,rs; ], va followed
and sn sppaTept Seteri1ination to radically
red,ce tho acreage in the spring of zoos. and
az s, ,hs ~ mo ssaie rcd a 'cina ,IHye vial j., accord.
inS IN thea census h reports' From "a go .aSI bales
to toS 10. So $50 Bales. the 'frea r. p, idea has
In a eeo erai way Il has been KNOW. or taken
for granted. that the crop in the Atlantic States
And andois srts OF Texas es~se Sas in s Iisslss ha thf foa ine
iana lrSansas. Indian Territory and part OF
T "nu nv the dlsastrous rains Of MAY and
RHeeeene ma q to an I'VE the results in such a
Way as 10 establish the proportion OF the de-
fciency that should be attributed to that dis
tributed to human agency and to general
Climatic conditions. ~
o. This r e n9w D pepde5sd possible Srsdbiiy by s1 tde 1 flnHl
Il ia n matter OF grave doubt whether the
census reports OF last year and this year fully
be- accented as the best statistical showing
available An ANALYSIS of this report reveals
the following interesting facts:
aFirst-Tbe Weld in the disaster districts
above referred to was 2,3se, ?89 bales less
Than in the previous year. a reduction OF 49ll
ner cent Second-The Yield In the balance
of tho belt was only aa6, 728 bales less than
in The previous year. a reduction Of only
q n ner cent, Tbird-if the districts referred
70 had not been visited by those disastrous
rains and had produced an average crop
the total yield would have been, including
%linters. II, 7S5, T3a bales. We think these
tha short Weld OF this crop was not q result
Of n reduction OF acreage nor of any con-
Certed movement to restrict the yield nor
Of amy climatic general conditions that are
likely 10 be repeated but that 1t was caused
nv a phenomenal local disaster, In a we'll
defined area. to be classed in the same cate
CORY az EARTHQUAKES, hurricanes or cpl
denies, that. may occur again but that cam
| moi be Anticipated. And that instead Of the
crop Of iao4-5 being a freak crop the real
freak crop was that of l90j-08. II would,
OF course, be unwise to ignore the possibility
Of such disasters occurring again or OF the
crop being curtalled by drought, early frost,
holj weevlls. DO, but the point we wish to
p,ate clear ia that barring such disasters
,,ha cotton region of the United States in
ts,a.,jon With alrandv eyiStIn1 forni1n
conIte.'or srnnIy 10 amn,y ahIo - nrn.;da
sources o. suppiy. 70 ampd. hoI. ~ provLHe