The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1888-03-20

report was made there has been great Inc
dustrial development in the south, and thera
has been decided impetus in the buildinas
OF new cotton mills. There are now 26a
cotton mills in the south and when thoss
projected are completed, there will be $3.50
The Chronicle in its weekly review of the
cotton movement, says that for the week
ending last Friday the total receipts have
reached 47,333 bales, against 73,469 bales
last week, o., 5G2 bales the previous week
and 69,024 bales three weeks since, making
the total receipts since the 1st of Septem-
der, 1887, 5,021 ,S61 bales, against 4,959.574
bales for the same period of 1857, showing
an increase since September 1, 1887, of g..
PSI bales.
The exports for the week reach total OF
66,G91 bales of which 2G,36S We're to Greau
Britain, 1854 to France and 81, 400 to the
rest OF the continent. The total sales fos
forward delivery for the week are 292, 100
bales. For immediate delivery the total
sales foot up this week 393 bales.
There is decrease in the cotton in sghs
of 1852 bales as compared with the same
date of 1887, a decrease of IA, 103 bales asj
compared with the corresponding date OK
lCCD dllu dll iUCIHtSS OF IL. ~ DaleS as COME
pared with 1885.
The total receipts from the plantationss
since September /, 1887, are 5,2S3 BOT
bales; in 1867 were 5,112, 42S bales; in.
1886 were >, 104 ,046 bales Although the
receipts at the outports the past week were'
46, 033 bales, the actual movement from
plantations was only 90. sos bales, the bal.
ance being taken from the stocks at the in
terror towns. Last year the receipts from
the plantations for the same week were 21,-
66S bales, and for 1886 they were 2S,729
bales.
The old interior stocks have decreased
during the week IS, $40 bales and are 81, 27Sj
bales more than at the same period last
year. The receipts at the same towns have
been SSH bales less than the same week
last year, and since September l the re-
ceipts at all the towns are 81 ,87S bales more
than for the same time in 1867.
1t will be seen by the above that the in-
crease in amount in sight as compared with
last year, is 413, 992 bales, the increase as
compared with 1856 is Alb, 473 bales and
| the increase over 18S4-5 is / ,042, 565 bales.
The Chronicle says that the speculation
in cotton for future delivery in New York
opened the week with a considerable show
of strength. 1t was known chat several
leading bear operators had covered their
''shorts' and gone "long'' of the market
i. e., turned bulls-in view of the MATERIAL
decline that had taken place, the smaller,
visible supply in the market of the worlds
and the increased consumption reported by
Ellison. The smaller receipts at the ports
on Saturday and Monday also favored their
| views. On Monday came the "blizzard,"
and the attendance on the cotton exchange
was very small, but prices further advanced
On Tuesday business was informally sus-.
| pended. On Wednesday Liverpool opened
lower, and the receipts at New Orleans an6l
| Galveston had been large; the attendance
on change was still meagre, and telegraphicI
| communication with the south was inter.
rupted. An early declineu under.
the adverse influences brought.
| forward sellers on stop orders, and the,
market was drifting into semi-panic, wheni
at the close it was again voted to suspend3
business informally on Thursday, and until
| brokers could hear from their principals;
| but there were private dealings Thursday
at better prices
| Friday regular dealings were resumed at
some improvement on Wednesdays closing
| prices, but there was no early report from
Liverpool and business was dull till near the
! close when there was further advance on!
a demand to cover contracts, stimulated by
the reduced movement of the crop. Cotton
| on the spot was quoted Lice. lower oni
Wednesday and the close is nominal at 101c.S
for middling uplands.
The Chronicles weather reports from the,
south denote that the temperature has beenI
rather low in some sections, but that as a.
rule the weather has favored the prepared
| tions for the next crop.