New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-03
4 RECORD COTTON CROP
arrest Country Has Ever Pro-
d dn Says Washington Report.
AN INCREASE IN ACREAGE
-. - Excitement Prevails on the
New Orleans Exchange-Mar-
yet Remarkably Strong.

t,,rrton. June 2-Fresent Indications
This wears cotton crop as the
lp" the country ever has produced ac-
20 government experts.
cofo" the statistics Of condition, as
,, to-day BY the crop reporting
gwen % tbe Agricultural Department, and
,,s averages for the previous Ten wears,
o. o,on will be greater by about Z'S"'c"
W. W. han the average and larger by near
an hales than tho biggest crop the
ever raised-that of 1904.
ooo ...,d,ne conditions as favorable as those
fiv'i ,a,.a nrevailed for the last ten years
',,,a this season. there should be har-
en-" ca This wear more than 100000 bales,
..,o,s maximum. in 1904. having been
t 49,, ,a,,s and the average for the last
vssrs Il $1,000 bales.
..orn hv to-day's report OF condition
- Nav 25. cotton should yield lss pounds
." rs compared with an average OF 1s2.i
%" -,s ,or the last ten years. Allowing
- abandonment OF per cent. the ten
4U' .,..raee of the acreage planted, which
. hr,nS the estimated acreage down
VIZ .. oal or acres 70 100000 acres. this
rs Give the unprecedented crop indi-
Gated s. have bosr
.,.,l,, favorable. it was pointed out. the
s..resthsr in May having given the farm
-. eood opportunity for proper cultivation
e,,ns crop. The color of the cotton also Is
,.r,or..d good Although the growth Is not
g. developed. II is said that this is not
- sien. as rain later on will bring II on
In On account of its present excellent
condition.
v.r, Orleans. June 1.-THE government
,.-.au renorts were big surprise in the
tan market to-day. The report on
lar. was as great a surprise as the re-
Nv, An condition one was as bullish as
10 other vas bearish and they about bal
s,se6 each other. after the ring got over
r.. first shock
rss r,rk.- was Wonderfully strong. At
q, rsrjack the first figure. on condition
,'s,s- announced. They were SIS, or al
most three points higher than the average
.yrsctad The ring Was crowded twenty
s.s, with brokers. the floor was filed with
,,sitors from all parts Of the cotton belt.
Was crowded with women.
rxcjtsne1t was high and the noise was
6esferins Bears thought they saw the
chance Of then lives. and began TO offer
eotton in large blocks. But their offerings
were quickly snapped up The coolest man
atbe rineside was the bull leader, Frank
3 Hdyne.
Immediately after the condition figures
were out October traded at 1905. or a loss
Of eight roints from the level reached just
before II o'clock. December lost six points,
July !ost Ave This was an insignificant
decline. considering the bearish import of
the condition figures
Then the report on acreage was read to
the rms. II was greeted by roars Of ap-
r.oyal from the bull side. The first state
rer, read was that the area planted in
GOTTEN he'd been increased by 1.Ss6,oo0
acres This did not mean much 10 the
trade 1t vas figures in percentage they
Ts.s after Supplementary statistics said
rHff the Increase amounted 10 A. per cent.
This meant whole lot TO the ring, and
October shot upward FIVE points.
Added TO last years acreage the increase
this year means that 35,004.0O0 acres have
been planted in cotton to make the crop OF
lsu-12 1t was generally thought that
the increase would amount TO about per
cent