The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1888-10-16
The Cotton Movement.

The New York Financial Chronicle, in
its weekly review of the cotton movement,
says that for the week ending October II
the total receipts have reached 250, GA bales
against 100, 568 bales last week, 128, 800
bales the previous week and 89,677 bales
three weeks since, making the total receipts
since the first of September, 1888, 744, 143
bales, against / ,162, 1913 bales for the same
period Of 1887, showing decrease since
September 1, 1888, of 438, COS bales.
The exports for the week reach a total of
1O5, 633 bales of which 7G, 397 were to Great
Britain, 1850 to France and 1906 to the
rest of the continent.
The total sales for forward delivery for
the week are 527, 900 bales. For immediate
delivery the total sales foot up this week
1910 bales, including 7,772 for export and
s, 404 for consumption. The imports into con-
tinental ports have been 1900 bales. There
has been decrease in the cotton in sight
of 739, 252 bales, as compared with the same
date of 1887, decrease of 261 800 bales as
compared with the corresponding date of
1886 and decrease of 264 ,071 bales as COM
pared with 1885.
The old interior stocks have increased
during the week 81, 702 bales and are AZ, 1923
bales less than at the same period last year.
The receipts at the same towns have been
$3.50 bales less than the same week last
year, and since September the receipts at
all the towns are 234 ,054 bales less than for
the same time in 1887.
The total receipts from the plantations
since September 1, 1888, are S69, 435 bales;
in 1887 were ,339, 588 bales; in 1885 were
912,5 bales. Although the receipts at the
outports the past week were $780, GA bales,
the actual movement from plantations was
292, 101 bales, the balance going tdincrease
the stocks at the interior towns. Last year
the receipts from the plantations Sor the
they were 262, sos bales.
The decrease in amount in sight as COM
pared with last year is 499,513 bales, the
decrease as compared with 1886 is 50,679
bales and the decrease from 1885 is 100, 1891
bales.
The Chronicle says that the market for
future delivery at New York was unsettled
and irregular for the week under review
The feature was the steady decline in OPP
tions for October, due to some irregularity
in quotations for cotton on the spot, low
grades being rated higher than they would
sell at. A revision of spot quotations on
Wednesday after change caused on Thurs
day smart advance for October. The win
ter and spring months became more active
on Tuesday, and prices advanced smartly,
on an adverse crop report from New Or
leans and rumor that the bureau report
would prove unfavorable; but this report,
when made public on Wednesday, was bet
ter than expected, and being generally re-
garded as substantially correct, except in its
figure for Texas, (Which it is believed is
placed too low) caused a selling movement
in which the advance of Tuesday was who'll
| ly lost Thursday, the later months, after
weak opening, became active and buoy
ant, on the report of heavy rains in the At
lantic states and the predictions of an early
frost by the federal signal service. Friday
an early advance, in sympathy with a
stronger Liverpool report, was followed by
a sharp decline under sales to realize, end
ing with q recovery on a demand to cover
contracts Cotton on the spot was rather
dull all the week. Quotations were reduced
o-AuC oH hOnu@y anu CiaIlSeu from Oiu TO
new crop on Tuesday, involving nominal
decline of 4c, though practically unchanged.
After 'change on Wednesday revision of
Quotations was posted, reducing low grades
of white Lice to Slice and stained 4c to
| 5-16c, in addition to the decline of Lice on
| the regular market.
The Chronicles advices by telegraph indi-
| cate that under the influence of generally
favorable weather conditions picking and
marketing have made good progress. Light
frosts are reported in some sections, but
| without damage.