The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1910-11-29

ployed In making the computation. II |
one is heavily loaded up with cotton |
the figures can easily mean 100000 |
bales, whereas, IL one is committed to |
the bear side 1t is not difficult to figure |
out a final yield of even 100000 |
bales. A conservative estimate, would
still indicate that 11.700,OO0 bales will
eventually be picked, as heretofore
pointed out in these advices. The
time is not far distant, however, when
there will be something more definite
on which to base ones calculation as
the Governments estimate of the to-
next month.
In the meantime from the figures
| furnished by the Census Bureau, rela-
| tive to the amount ginned to Nov. 14th.
some conclusions may be drawn as to
| the full yield which, it may be found
later, will not differ materially from
the Governments estimate when pub
lished. The amount so ginned was
stated to be S,764,153 bales, which
compares with S,112,199 bales ginned
year ago, 9,595,S09 bales in 1908,
7,300,665 bales in 1907 and S,562,242
bales in 1906 This shows a very
heavy ginning for the period from
Nov. LIST which figures out 131 900
bales per working day as against 3d.
900 bales per day a year ago.
OF the ten great cotton producing
states six have ginned more cotton
than for the same period last year and
four have ginned less. Texas, Okla
homa, Mississippi, North Carolina,
Alabama and Tennessee show increas-
es, while Arkansas, Georgia, Louisiana
and South Carolina are behind last
years figures.
Owing to the impression carefully
built up that the report would show
close to 5000 bales ginned the actual
figures were interpreted as bullish,
the market effect being greatly in
creased by the simultaneous publica-
ton Of an estimate by one of the more
: conservative crop experts. which
places the total yield slightly under
II 100000 bales.
The ginning this year to Nov. II ia
the third largest reported in any year
Of which there is record. and Is a nat
ural result Of this seasons enlarged
acreage. excellent picking conditions
r and the small percentage OF damage
8 from unfavorable weather during the
r early growth Of the plant
Calculations and deductions are
Il still subject to many modifying factors
= but the fuller data now at hand taken
in conjunction with the FIVE year gin
: ming average to Nov. 14th of TIA pei
cent is evidence satisfying enough to
an unprejudiced observer that this
years crop-will materially exceed last
years total yield
Fall River sales Of print cloths show
a falling off for the week at prices
slightly lower on some pieces than
the mills have been heretofer willing
to accept. Our Providence office
states that one mill there is running
;, might and day manufacturing white
and gray yarn, but two other large
mills have been closed for a week
which confirms the reports of slack
- trade.
Advices from Savannah are to the
! effect that heavy offerings at the int
rior are beginning to be felt. Europe
and especially Liverpool, sends very
4 bullish views, but so far have not fol
lowed up their opinions by any heavy
u purchases of spots. In fact, these
opinions are open to a question O
IL bias when it is remembered that they
bought heavily in anticipation of thu
bill of lading trouble and are now en-
deavoring to get rid of these stocks
IS to spinners at the prevailing higf
&c level.
j. Eastern manufacturers continue t.
y show a reluctance in making purchas
es OF spots, due, not only to the higl
% prices but to the continued heavy re
ceipts at all points, and the rapid!
increasing stock ct the New Yorl
warehouses. Taking the dry good
trade as a whole prices on staple stut
'e are one-half to 1 cent a yard lowe
than a year ago without any downwar'
: change in the cost of production
7 condition which points to further cul
tailment unless the goods market i'm