The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-11-12
NO ALLOWANCE
FOR ACREAGE
ABANDONMENT
President Wannamaker of
Cotton Association Makes
Public Interesting Data
Concerning Report.

Columbia, S. c., Nov. III. Skot-
towe Wannamaker, president of the
American Cotton Association, today
made public a message which he had
received from the Department of Ag-
riculture in response to a query sent
by the American Cotton Association
as to whether in the cotton report of
Oct 1, the department had made any
deduction for acreage abandonment.
The message from the department
stated that no deduction in the in
dicated yield was made for this aban-
donment, '.but our crop reporters in
the field were supposed to make the
deduction in the indicated yield in
! their condition report for acreage
/ abandonment"
Mr.. Wannamaker declares in a
statement issued today that the crop
reporters made no allowance for acre
| age abandonment, and that therefore
| there should be a deduction of 3.6
| per cent, from the indicated yield
given in the report of Oct 1. This
would amount to 3s5.o00 bales and
bring the indicated yield down to TO-
| 81 900 bales.
! In his statement today. making pub
| lie the exchange of messages be-
| tween the American Cotton Associa-
l llOu anu Tic DepdI VI <A6Il
ture, Mr.. Wannamaker says:
| Our experts have been attempting
to solve the puzzle OF the indicated
yield as shown by the Department
of Agriculture in it's reports of Octo-
Der 1st in which acreage aban-
donment of 4.6 per cent is shown.
| They have just succeeded in arriving
at a solution of the problem.
| 1--WE addressed the following query
| to the Department of Agriculture:
! did you make any deduction in
| the indicated yield shown in your re-
port of October 1 for acreage aban-
Comment of as per cent?
The following reply has been re-
| ceived from the department.:
mo deduction in the indicated yield
was made for acreage abandonment.
Acreage abandonment was shown
requested in the joint resolution but
our crop reporters in the field were
| supposed to make the deduction in the
indicated yield in their condition re-
| port for acreage abandonment?
Crop reporters in the field. of
course, made no allowance for an
acreage abandonment. Such a condi-
| ton has never existed heretofore in
the matter of acreage abandonment
and for this reason the request was
made of the Department by the Amer
| lean Cotton Association to make re-
port showing indicated yield less acre
age abandonment.
with the information we have just
received from the department the sit
uation becomes more clarified. From
| the indicated yield of 10,696,000 bales,
as shown by the government in its re-
port of Oct 1, there should be re-
duction of SO per cent amounting to
3S5, 900 bales and bringing the indi-
Gated yield down to 1871 900 bales.
We deduct only SO per cent from the
yield because a reduction of 10 per
cent had previously been made.
There will not only be the short
] est amount of good grade cotton in
comparison with total yield produced
| in the last twenty-five years, but in
| addition to this the good grade cot.
ton produce will be very materially
| reduced by gin-cuts. This is due to
the rotton condition of seed and the
+, wet condition of cotton, the situation
being so serious that throughout the
Western section the gins have been
urged to discontinue ginning until
some method could be devised for han
ding cotton in this condition.
/ Another matter that will have ma
tterial bearing on the market is that
| through confidential sources we are
informed that Europe becoming
ALARMED as to the possibility of secur-
| ing good grade cotton on account of
their financial stringency, is buying for
future requirements as fast as posi-
BILE through contracts on the exchange.
and that as these contracts mature
they will demand spot cotton. This
will result in the largest amount of
| spot deliveries on contracts in proper
| ton to the size of the crop that has
| ever been made, and this will have
| a stratlingly bullish result
This is the only way in which
Europe can assure itself of spot cot
/ ton for future requirements. and the
trade is entirely overlooking these
European purchases"