The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1910-06-28
LOOKING FOR THE
COTTON REPORT
It is to be Issued Next
Friday July |
WEATHER NO FACTOR NOW
The Report Of the z. S. Department of
Agriculture Will Be of Great I'M
pOrtance-Curtailment of Mills to
Be Brought About to Extent OF Pre-
venting Cotton ShOrtage-As to July
Dealings in New York Market.
(By the Associated Press.)

4SdlIIlSS Ill new 4OfK Marker.
(By the Associated Press.)
New Orleans, La, June 26.-The
chief event in the cotton market this
week will be the report of the crop
condition by the Department of Agri-
culture. This report will take the crop
down to June IS and will be issued on
Friday, July /.
Following it will be triple holidays
In all Of the future markets and there
fore, indications are that this week
Will be one too lively, and that op-
erations Friday will be more of an
e~vening-up sort than anything in the
way Of new undertakings. Up to Fri
day trade will be probable hesitate
about increasing their lines.
h three-day recess is due to the
Fourth Of July, which Liverpool is
also observing, because that market
does not want to be the target for
openings here after a long holiday.
h weather Of this week will have
no effect at all on the coming condi-
ton report. as the report will be based
on replies from the cotton ountry un-
der date of June 25. Because Of this
the weather while it will be of i'm
portance, may not have it's usual eff
feet on values.
The July deal in the New York mar
nv wa ~ AAASo AAoAS
than yer from the fact that Tuesday
will be the first notice day for that
month. 1t is edle to say that
prices in this market may be inhu-
enced strongly one way or another by
developments in the coming month.
The actions Of the bull clique will be
closely watched for the expectation is
that, sooner or later its prominent
members who daily attend the sessions
on the New York Cotton Exchange
will start bidding prices up.
Statistics will be Of much IMPORT
| ance, although little chance for dis
counting them will be furnished owing
to its being q short week. The belief
has been expressed right along that
curtailment among mills would be
brought about to such an extent as to
prevent absolute shortage Of cotton.
Summary Of Cotton Crcp Conditions.
Memphis, Tenn, June 26-The Com
mercial-Appeal tomorrow morning
will print this summary of the cotton
crop conditions:
Cotton in the South has grown more
in the past seven days than in any
similar period this season. a fact due
generally to higher temperatures.
Where the rainfall has not been ex-
c~essive, as it was in North Carolina,
Southern Georgia and in scattered 10
~ca1ities elsewhere east Of the Missis-
sippi river, cultivation made rapid
and the fields are clean.
The plant, though still small for the
season, is healthy and sturdy and bids
fair to rapidly overcome some of its
}ateness.
In North Carolina and Southern
Georgia grass has become a n
but little damage has been done that
two weeks OF favorable weather will
not overcome.
II Tennessee. Alabama, Mississippi.
rkans Louisiana, Oklahoma and
Eastern Texas there are few COM
plants. The crop cid we'll and is be-
coming promising.
In Central and Western Texas rain
is beginning to be needed, although up
to the present time, save in the most
western counties, where cotton is
grown in quantity, no great harm has
been done the crop. In h western
district, however, hot winds have
been hurtful and the cotton is at a
stand-stiIl. It will soon go
rain. Oklahoma, too, will
soon be dry. The plant in the West
ern States as elsewhere, IS small. and
moisture would greatly stimulate its
growth.
Boil weevils are numerous in some
feeling of hopefulness in inancial
arket last week. The real sltua-
ton Of the spring wheat crop was OBJ
than usual at this season.