Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1914-07-10
NEWS WEEKLY
COTTON LETTER
Special Correspondence Dealing With
the Past Weeks Market Activities
and Crop Conditions. i

New Orleans, La. July Dur
ing the early part of the week, tenn
peratures in the Eastern belt con-
tinued to rule considerably above
normal Private reports, however,
failed to record any damage TO the
crop from the high temperatures
prevailing during the month of June
on the contrary. fair growth was re-
ported, and the fields were said to
be absolutely clean and vel. culti-
vated. Serious damage from high
temperatures In June, is unusual. as
the crop is generally not fruiting 20
any extent in that month.
The favorable private reports,
were also confirmed by the weekly
Government weather report, which
on the whole was the best published
this. season. On this report, and
pending the Issuance Of the Govern
ment condition and acreage report,
there was moderate amount Of
liquidation, but the trade had fixed
on a condition figure of less than
rs, and the selling did not become
general until after the Bureau was
published.
The Government condition figure
of 1916 against 74.3 last month, and
S1.S last year and a ten year aver
age of S0.7 proved to be several
points better than expected and in
duced general selling. The market,
however, absorbed the offerings
we'll, until the unsettled weather and
copious rains were reported from
many widely scattered sections
throughout the cotton belt, They
were of course more welcome in
Arkansas and the Carolinas, but
were highly beneficial wherever they
fell. On the report of these rains
and Of general unsettled weather
conditions throughout the belt, the
market lost further price ground. as
rains over he entire belt are much
desired at this time. and the rains
win also serve to reduce the high
temperature.
Under the circumstances. II was
butt natural that prices should sell
off. but taking everything into con-
sideration, the market gave fair
ly Mood account of itself. 1t cannot
be henied, however, that the crop
hapl made marked improvement
within the past six weeks; that 1t is
clean and we'll cultivated through
out and has recovered most of its
lateness. This also applies to Tex
as.lwith the exception of about 10
per cent, where the crop as whole
is doing well and is probably not
now more than a week or ten days
rlata. The crop iuathe extreme part
of Texas, isftuRpeuaalN promising
and will undoubtedly, make up foI
much of the loss in yield that might
-ocetr in other parts Of that State.
The Government estimate of cot
ton acreage planted his year, was
36.g60 900 acfes 'of a decrease O
is under last year These figure
are smaller than most private esti
anates, but asl dthsI G Government. rus
uhIly correets Its a acreageo figure
during the seasonatheY slight de
crease reported this, year, u.s. not con
sidared important, Especially as |
is realized that there, was little 9c
casion for abandonment of an!
ACREAGE east Of the Mississippi river
also as the Price Of the staple % a
piahting time hardly warranted |
reduction.
Spot sales in Liverpool this weel
again have been small, lending colo
to the recent mail and cable ad
vices from. Great Britain and th'
Continent. to the effect that the cot
ton goods trade there was declininl
o..A tta& tha onfInok for fba ftItlfr.