The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1888-10-23
The cotton Movement.

The Cotton Movement.
The New York Financial Chronicle. in
reviewing the weekly movement of thS
cotton crop, says that for the week ending
last Friday, the total receipts have reached
263 ,2G3 bales, against 250,64 bales lasj
week, 100, 56S bales the previous week, and
1928, 800 bales three weeks since, making tho
total receipts since the 1st of SeptembeIS
1888, 1907, 4O6 bales, against 1,454,63a
bales for the same period of 1887, showing
a decrease since September l, 1888, of AIN
291 bales. I
The exports for the week ending reach
total of 1923, $50 bales, of which 56,59S
were to Great Britain, 20,310 to FRANCE
and 46,751 to the rest of the continent. ThS
total sales for forward delivery for the weeK
are $500. For immediate deliyerN
the total sales foot up 9,273 bales, include
ing 2,T63 for export, and $500 for cons
sumption.
The imports into continental ports have
been 10000 bales. There is a decrease iE
the cotton in sight of 723, 1881 bales as CONF
pared with the same date of 1887, decrease
of 321 ,515 bales as compared with the cora
responding date of 1886, and decrease Of
1892, 047 bales as compared with 1885. T.
The old interior stocks have increased
during the week 81 ,430 bales, and are 81, $685.
bales less than at the same period last year3
Thereceipts at the same towns have been 621T
bales less than the same week last year, and
since September 1st the receipts at all tho
towns are 24S, $50 bales less than for the
same time in 1887. 4
The total receipts from the plantations
since September /, 1888, are 1867, 003
bales; in 1887 were ], 900, 507 bales; in 1885,
were 1 ,222, no bales. Although the receipts
at the outports the past week were 263, 26S
bales, the actual movement from plantaSs
tions was 296,56 bales, the balance going
to increase the stocks at the interior townsS
Last year the receipts from the plantations
for the same week were 321, 919 bales and
for 1886 they were 308, 4S7 bales.
The decrease in amount in sight as CONS
pared with last year, is 522,875 bales, ths
decrease as compared with 1886 is 90, 800
bales and the decrease from 1885 is 105, 578
bales.
The Chronicle says that speculation In
cotton for future delivery at New York wan
quite Hfeless early in the week and thS
fluctuations in prices down to the close Of
Wednesday were comparatively slight. Tbs
elements of strength were the hardening
foreign markets and the visible Supply IL
the markets Of The world. The elements d
weakness were the favorable weather at ths
south, the increased movement of the crop:
the scarcity of ocean freight room and the
south pressing sales to raise money.
The trading extended very little beyone
the regular dealers of the exchange OUT
siders held aloof, seeing little on either sids
to encourage their action-whether for the
decline or the advance. The bulls showed
some inclination to purchase the spring
months and await developments, while the
bears, though protesting to expect further
decline, rarely went home 'fshort."
On Thursday further advance In Liver
pool and fresh predictions of frost caused
an advance of some significance, FOLLOWED
Friday by a further improvement, due to ar
advance of 3-64ths at Liverpool and gem
eral revival of speculative confidence, there
being some disposition to reduce crop esti
mates, but in the latest dealings there wal
downward turn. The Chronicles tele
graphic adyices from the south denote thai
the weather has been quite satisfactory
and that picking and marketing continue X
make good progress.