Show wJLUNt FRANK B HAW1 A m PIOTO y HITCHLt J raS WiSSffiiFffi v f 3 1 IsVjiyKwvsJHltUli Vs1 1 5 i if Z r T ON COTTON EXCHANGE Scene During the Recent Panic When Excitement Ruled the Pit In its final estimate of the cotton crop I for this year the Government through the Department of Agriculture at Wash In gton announced a crop of only 9OG20J balefi This estimate indicates a crop disaster Immediately afterward a panic occurred on the New York cotton exchange ex-change The trade agreed that the seasons sea-sons crop vas a calamitous one to the Nation Prices advanced in a sensational manner and excitement ruled In the of h the exchange pit The extent of the advance In prices was uiicqualod at this season of the year All I r = I ZIV1 fJ i f n 11 I < r 100 1 001 B1 J ttf4 I c t o ir 1 I 1 11 liJ 1 I 1 rt f I j It 4IJl1t tl I 1j 0 r J 1 J iiItJ I 10100000 964OOO lO412OQO 96aO39f SALES BALES ALS SALCS J DIAGRAM SHGWirr < 3 COnPARATIVE SIZE OF COTTON CROP FROM ivoo TO QO options advanced hlghci than 12 i cents I the highest at which cotton has sold in nny December In a qiia tei of a century 10prcEHed I In figures the net advance for the different months amounted to about 75 points Some options idvanccd SO points or 51 Ill 1 bale Others advanced 135 n bale The low estimate of tIme Government I was a complete surprise to the cotton merchants of this city A census of the mimbcrs of the New York cotton exchange ex-change Indicated that the average of exCl the crop estimates was 10724000 bales This amount was thf average taken of estimates of ifiO colton merchants through Omit the land The average Is more than a 3 million bales astray |