Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1883-09-01

TO February Sth. when L again rose 20
l0kc. On thei5th Of February il fell to
10 Slice but rallied next dag . ielo fell
to 10 slice on the 10th, roseto l0lc on the
lIth, fell on the 1oth to 10 3-l6c, Fad OF
the 10Th to l01sc, again on the 9th to 10
l-lOe and again on April Sd 10 loo. On
April 9Th It advanced Lice TO 10 Lice,
and on the 18th to i0Hc, then on the lzth
TO l0lc, fell on the 10th to l0S-l6c,
advanced On the 18th to 10lc and on the
18th to 10 hl6c, advanced 70 l04c on the
18th, and to l0ic on the 30th. May I'd
l04e was reached, and on the Sd l0&c,on
the 9Th lie, but il fell &c next day, then
il rose to lie again on the Sth, declining
10 10 l5-16c on the 10th, going up 10 lie
on the ga, falling TO 10 15-l6c on the oath,
and to l0I on the 18th, also TO 10 1916
on the 9th, and to l0i on the Slst In
June middling tell to l05sc on the 9th, to
10 9-l6c On the 10th, TO l0hc on the 18th,
109Sc on the 18th, TO 10 Ole on the 18th.
During December the weather was
mainly good for cotton gathering. But ten
rainy days occurred and the total rainfall
here was rs, and there was but two days
Of rain measuring 100 during the first
week in January, when the mercury
ranged from 24to 81 degrees. The second
week had four rainy days, the measure
ment being 60-10O, and bad weather,
muddy roads and floods checked cotton
picking, which had nowhere been active
after the holidays. Sleet and snow set in
during the third week in January, and
the mercury dropped to 10 degrees, the
coolest Of the season. 1t continued as
cold at intervals TO the end Of the month.
There were sixteen days in january
when rain or sleet or snow fell. Impassa-
bic roads and bad weather stopped cotton
gathering and hauling in many parts Of
Texas, but in Louisiana and the East
Atlantic region the crop moved freely
and steadily into market. Continuing
the weather report for this vicinity rain
fell daily during the second week in Feb
ruary, and over two and a half inches fell
that week. The temperature wal warm
and ranged from 80 to 10. The roads
were too muddy for hauling, and the
marketing Of the staple was virtually
suspended. The river rose nearly to its
bank tops and stood thirty and a half
feet above low water mark, threatening
10 inundate the valley lands. BY the end
Of February the river level was thirty
five and a half teet above low water, and
by theeighth Of March it was up to thirty
five feet seven inches and within seven
inches of the top food Of the previous
year.
The total cotton which had come into
sight in this country at the close
Of January was 5,224,6 GEO bales
and 6707e3 bales in excess of the
previous year, also 453,90l bales
more than in 1880 at the same date. Al
this time Northern spinners had taken
l, l25, 800 bales and 81, los more than the
previous season at the same time, and
Southern spinners 10000 bales, against
l25,0Q and 10000 the two previous years.
Middling upland cotton was 8 ll-l6d in
Liverpool, 10 3-l6c in New York and 9kC
per ID here. 1t continued without change
to February 18th when a decline Of EC
followed the Issuance Of the Agriculture
Department report, placing the crop al
6,o36,OOO bales. The market continued tC
favor buyers and while but three varia.
tons or changes of values were made in
February, yet all grades from middlinl
down closed &c cheaper than at the open,
ing Of the month, and the total decline foi
the season amounted to 29sa3Hc per lb Oh
the several classes. On the 23d of Febru.
airy the receipts at all United States port
had reached a total Of 4, 1866, 1893 bales anC
1885 more than the year before. Thu
visible supply Of the world was 1924, 90.
bales, being ll2,476 more than the previ
Gus year; 25q, 292 in excess OF 1881 anC
6l2, 1893 over 1880 at the same date.
As before remarked the Agriculture
Bureau issued a bulletin on the 18th o
February placing the total yield at $685.,
900 bales. This estimate was regarded b.
the Financial Chronicle and other author
tiles us a minimum. The bulletin men
toned distributed the probable out turn
as follows;