The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1909-11-02
Reports are Bullish

still very irregular. Instances are
common. A man who wanted TO-
900 Ss-3 n was tol dthat the mills
best price was 21c, secured the yarns
at zoe. A buyer was told in two or
three houses that 2-30s warps were
worth &c 1-2c and 27c, secured good
qualities at 25 sac. Low numbers
have been pretty we'll cleaned up in SO
far AS low prices are concerned, and
Weavers who have deferred buying are
in trouble trying to get supplies Of
2-14s and 2-16S within 10 per cent OF
the figures prevailing at the opening
Of this month. Weavers are still the
best buyers operating in the market"
Edward Moyse & Co.-When Rus
ton's estimate of 11,500,O0 bales was
published yesterday, it was considered
decidedly bullish by Europe, but
wne Neill, Of London, today estimated
the crop at II 900, 900 maximum, spin
ners were obliged to abandon all hope
of sufficient supplies Of raw cotton
The significance Of these two estimates
is perhaps greater than the outside
world realizes. Heretofore, the shorts
have held on in the hope that the
crops, as in other seasons, would turn
out much larger than popular esti-
mates. But when such seasoned vet
Grams as Buston and Neill can see no
more than 100000 to 1850 600
bales. there is nothing for the shorts
but 'suave Qui peut-"
Deterioration for the past month IN
the condition of cotton was somewhat
less than normal, being 80 points
against SO points last year, Al points
in 1907, rs points in 1906; 4.3 points
in 1906 md 6 points in 1908. In 1904
condition gained 1.6 points. The loss
Of 80 points makes condition this
non 55.6 compared with 67.5 last
year and 62.4 in 1907. Deterioration
was most marked in Alabama. Missis-
sippi and Louisiana where declines
were SO points, 10 points and 10
points, respectively.
Owing to very favorable weather
conditions. picking has proceeded with
marked rapidity, IS per cent. being
gathered about Il per cent. last ear,
65 per cent. the year before and Sc
per cent. in 1906. Only once has this
been exceeded since 1903. when in
1904, rs per cent. was picked at this
time. Texas and Louisiana are near
" picked out, where S3 per cent. is
gathered in the former and 90 per
cent. in the latter.
Unusually favorable weather con-
ditions with practically no scarcity OF
labor enabled farnners to gather the
crop with great rapidity, giving q
C1cd1 Stdplc ana Tree from SIdIilS. AS
yet frosts have not inflicted serious
damage except in parts of the low
lands and numerous sections may yet
make more cotton If killing frosts
hold off for another 80 days. But
the condition of the plant is almost
universally poor owing to unfavorable
weather throughout the season and
correspondents complain Of q small
yield and the proportion of lint to seed
is light. Cotton is generally marketed
as fast as ginned owing to high prices,
and. according to reports, very little
is held back Only in Louisiana has
the boil weevil given any trouble dur
ing the month, the crop being practi-
cally free from other insects.
JOURNAL OF COMMERCE.
Mr.. John CT. Anderson, of tho
Rock Hill Buggy Company, has been
doing a little figuring on the cotton
crop and estimates that the pres
ent crop will net the farmers of
North Carolina, South Carolina,
Georgia, Alabama, Mississippi and
Florida the sum of nearly S18,000,-
900 more than they got for last years
crop, says The Charlotte Chronicle.
The way he has figured it out would
indicate that he is right-that there is
no guess work about it. This increase
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