Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1921-12-14
BY VICTOR BARRON.


ATLANTA, Dee. IA. Ell don't be-
lieve that there will be 100000 bales
of spot cotton for sale by the end Of
July, next" declared a spot buyer
Tuesday "AlI staple will either be
hedged, or contracted for, or SO tight
ly held by farmers and merchants
that practically nothing will BE for
sale.'
Mills are said to be booking ord
ers as far ahead as next autumn.
Southern mill are reported to be op-
Grating close to normal, and New
England textile mills are running so
Ito so per cent Of capacity,
According to leading mill men il
is getting to be question Of quality
and staple rather than quantity. Mill
officials expect a big revival in de-
mand for goods after the turn Of the
year. While spot merchants hesi-
tate in openly declaring that mills
are anxiously inquiring for staple, 1t
Is a fact. Both spoth firms and mills
know that the spot situation Ii
tight enough already, despite prop-
aganda that there is little demand
for staple, and, therefore, should
they speak out loud and tell OF the
aniety Of mills as regards their fu-
ture requirements holders would
further tighten their grasp on their
staple.
Let's. See how 5earish The crop
estimate of S,340, 900 bales really Is:
American mills used 1,446,4S5 bales
for three months ending Oct. ST, Inst.
November's consumption t0tasss
526,610 bales and the four months.
consumption totals i 1,973;Oa5 bales.
Up to and including Monday, DEE.
IL, cotton exports totaled 1852 .8J8
bales. Add this TO the consnnptioi1
by American mills for the first feus
months Of the season. Tliis gives Il
combined total of 5,555,dI4 bales.
December consumption BY domestIe
mills, It is believed, viii BIZ SHARPLY
In excess of November's, with everv
indication of continued Improvement
and more normal consumption as tT1e
season progresses.
Early estimates placed consaint
ton of American cotton this season
81 about u; ;0DD 900 bales. Providing
textile mills just hold their present
operating status, the season s con
sumption vii total almost ia 900 400
bales, or approximately 6,000,0fa|
bales greater than what the bears
call their big weapon Monday ! cYoo
estimate of 8,340,00O bales.
( stated the other day the differ~
ence between private crop ideas ana
the official estimate wouldb equal
ed by this weeks worlds SINNERS
takings. Last week mills took 366
900 bales and 42g9,o00 the week be4
fore that. The trade expected cron
guess of 100000.
The government made a III u: 1zsa .:s
lin its October crop forecast OF about
q million bales, estimating the erop
at 6,537 900 bales, when ii Should
have been about 7,537,O0O,, declai
ed a prominent Atlanta spot iaaera
chant Tuesday And the guess Mon
day was just d guess. Had it elifni-
mated the $4,000 bales it probablS
would have been accepted as about
right"
Whether the crop is s,340, 900. III
even more, American and foreign
spinners' need every pound OF It asia
about i half dn1pn million ,,,,,.a II fs.xsl
before Aug. ]. 1892. With the usr.l
plus practically wiped out what Wil
they do the following season. Cef4
tainly the South will not produce allvz
thing like a normal crop under wee.
vii conditions. Instead Of decreasing
consumption is going TO keep increas.
inf, but production outlook appeafs
severe.
You cant make d No. s shoe III u
No. 16 foot.
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