Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1911-09-01
JOURNAL OF COMMERCE
REPORTS CONDITION ZIG
This Compares With 86.9 Last
Month---70.7 Last Year.
Ten Year Average 1873

NEW YORK. Aug sl.-Aceording TO 1900
replies Of special correspondents Of the Journal
Of Commerce and Commercial Bulletin bear
ing an average mall date Of August %. "a. per
centage condition Of cotton was on that date
T2.6. as compared with sac a month ago. This
compares with TOT per cent last year, % per
cent In 1909 ISL per cent in zoos and Ts-9 in
1907. The fen-year average Is 1879 per cent
and the loss Of 14.3 points during August is the
greatest In that month In the past ten years
and Oklahoma. respectively. 2i.4 points and 1871,
where severe drouths and bot winds and worms
caused heavy shedding.
well Informed and conservative correspondents
Incline to the belief that the deterioration
shown In this months crop report has been
unduly exaggerated. consciously or unconscious.
~. By the active agitation In the cotton belt
against large crop estimates. These returns
must. therefore. be accepted accordingly, and
due allowance made for popular lies. In 400
the August condition reported in these columns
was ia per cent. or about the same as this
In 1905 the crop was 10.T26.o 900 bales, or
yield Of II bales per acre. Should the same
rate OF yield be realized this year. It would
suggest crop Of not less than II 800. 900 bales
Since the date OF these mall advices gen
eral rains have greatly relieved conditions and
considerable improvement is expected. Other
heavy lessss occurred IN Georgia. 1919 points;
Louisiana. las points. and Arkansas. 1875
points.
OPINION DIVIDED on REPORT
NEW ORLEANS Aug. 31.-Opinlon in the
cotton market Is more divided than usual over
the monthly report the condition OF the
crop from the government The next report
Is due to be published at IL o'clock. central
tine. Friday. The September report on condi-
ton Is generally looked upon as probably the
most important this season. Ii Is generally
acknowledged that deterioration has taken
place since the last report. The dispute Is over
how great the deterioration has been. The re-
port win carry the growing crop down to Au.
gust p. On July Is the condition was put at
g j. Tho consensus Of opinion this month
points to about III. OF decrease OF IL points
There are many traders. however. who believe
that the figures viii be TO- The range Of
opinion Is from 70 to 50. Probably these ex-
trenles represent the effort TO Influence opinion
one way or another more than they do serious
guesses as 70 what the report win be- year
ago the condition q the crop was TAI and two
Although report Of n would be considered
huilish. the bears point out that II would still
be wen above the average and would point to
very large yield. II is safe 70 say that TO
cause much Of an advance. the figures must
come around rs. while 10 or so would probably
The deterioration Of the month was due. I'm
large measure, to the dr0uth and high tenn
peratures II Is generally considered that much
Of he damage took place in the western half
oof the belt.
MISS GILES CROP REPORT
NEW YORK. Aug. 31.-Anss Giles reports
cotton condition at 75.e This compares with
s. last time. against eos at end CT July and
Deterioration for the s-onth by ktates: North
Carolina. ( per cent: Southern Carolina, 70;
Georgia IL: Alabama. IL: Mississippi, IL;
Louistana. II: Texas. is; Arkansas. II; Ten
uessee. 9; Oklahoma. "a