Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1883-11-26
Cotton.

Gales Saturday, 1000 bales, 10 exN
pcrters l4O0, to spinners 600 bales,
the market closing steady and un-
changed. Quotations are as follows;
Ordinary. Ste: good ordinary, 9tc; low
middling, $40; middIins, 9sc; good
middling, loo; middling fair, lOsC;
off colors and dusty cotton sc less.
The total sales here last week were
1895 bales;to exporters $3.50; to ship
porH 1875. Aggregate sales for the
season ll9, 28bates;to exporters7O, 575;
70 shippers 1850. Prices as above
noted are the same as a week ago, but
as compared with the lst of Septem-
Der are TO higher; on middling 4 to 3C
higher; on lower classes, and I'M
changed on all classes above mid
ding.
The total receipts of cotton here
this season are $500 bales in excess Of
last year, and 12,404 above the year
before, and are still the heaviest OIL
record, though the excess has fallen
1895 bales below a week age. The
stock on hand here has increased 8l35
bales during the week to S2,443 bales,
and the stock Of unsold cotton in the
market exceeds $4,000 bales. IoE
The movement of cotton into the
markets Of this country exhibits signs
Of decrease at nearly all points. AT
present New Orleans and this place
are the only important markets show,
ing any material increase over the
receipts Of last year; and while the
increase here is steadily diminishing
it has dwindled to 943 bales excss as
compared with last year, using all pOr
receipts as the basis of comparison
The falling off at the principal sea
ports is considerable, all showing 70
duction except New Orleans, wher,
the receipts hold up we'll, and wher,
the excess during the past week ha
been increased more than 1900 bale
as compared with the excess weel
ago. The total receipts for the seasOl
at New Orleans reach e39,5l9 bales
and are l57 1893 bales more than las
year at the same time. At Galveston
this season receipts sum up 1854
bales, a decrease Of 1922; at Mobile
total receipts are 1881, decrease 0
1916, at Savannah, total receipt
III ,4S5, decrease of 1913; at Charles
ton, receipts 251 ,5e6, decrease 22,981
at Norfolk, receipts 27l,OOS, decreas
1884; at other Atlantic port
receipts are 5000, decrease 23,O0(
As noted in the foregoing, the tots
receipts here to date are the heavies
on record, but there are uumistakabl
signs Of an early falling off, and tn
rapid movement into market cannC
continue here, nor even at New Oh
leans much longer. Several railway
! bringing cotton into this market a
ready show decreaSeas comparedwit
= their carryints at the same time lei
. year. The Memphis and Oharlesto
. is still S0O5 bales ahead Of last seasoI
the total being 1886 bales. and Il
!. Louisville and Nashvilleis AGO ahea
the total reaching 1874. All Il
= other roads show a decreases The r
a ceipts by the Mississippi and Tenne
: see road sum up 24,166, decrease SO
? By Memphis and Little Rock railroi
2 1854. decrease 1923. BY ChesapeAk
n Ohio and Southwestern 1852, deGrea
1865. By Mississippi river 26,77
increase bS4. White river 642S, d
!. crease 2O54, By St. Francis riv
' 1897, increase 2lS. By Arkans,
!. river 1906, increase lib. BY wago
q $50, increase 1916. The Kans
10 railway has brought 287 bales to dat
. Estimates of the probable yield
. cotton this season are now being free
: made. and tho most popular range
/: from $3.50, 600 10 100000 bales, 4
9 latter being a maximum among h
conservative. A closely observe
y cotton buyer Of this city, who b
!. travelled through all Of the colt
States from the center Of Tex
to Virginia, figures the decrease
v vield az oomparod with last war