The morning news., 1888-09-06

large weed is reported, but only lightly
fruited The reports from Florida are almost
uniformly good. As to the course of prices.
nothing can be said yet. Stocks in sight are
comparatively light, and the rapid taking OF the
past seasons big crop demonstrates the fact
that cotton manufacturing is on the increase.
There is some interest manifested IL the leading
markets in regard to the deadlock between the
planters and the jute bagging trust Planters
are refusing to pay the enormous prices asked
by the trust and the consequence is that the
shipments to market are falling behind the aver
age of former years at this time, and brokers say
that the effect may prove disastrous for those
having any very large or early deliveries the
situation is not pleasant to contemplate, and it
enters very largely into the calculations OF
legitimate business, as well as speculation
SEA ISLANDS.
The sea island crop of last year is said to have
been very satisfactory in general results to all
concerned, much better. in fact, than the pre-
ceding crop for several seasons. The main
reason is that planters realized much better
prices all around. Another that the whole
crop absorbed, and there is carrying
over of heavy stock of stained and storm cot
tons, as in previous years. The crop in Itself
was Short and made more so by the peculiar
dryneSS of the lint, which of course made it
| coarSer for lack of oil. which caused it to be
much lighter. It, therefore. required a great
| deal more cotton to make a pound Other
than this. the whole crop was appar-
emily good. This condition Of the cotton
was attributed to the drought during the har-
vesting time; but there was little or no stained
cotton. There were but few fluctuations in
values, and when they did occur, it was gener
| ally in the shape of good substantial advance.
so that a better average price was reached
medium fine to fine bringing fully 201231ac on
the bulk of sales. The takngs by northern mills
were greater than usual while Europe took less
| A feature of last seasons work was the appre
citation shown by manufacturers for Georgia
cottons which held throughout the season
almost an equality with Floridas. This was
| due to the intelligence displayed by Georgia
| planters in improving their seed and very
| liberal use of German kainit, and as they CON
| tinue to pay more attention to this matter every
year, the production is of better quality. and
! consequently more valuable. There we're again
complaints from the mills during the past sea
son, as well as from the factors of frauds prac-
| ticed by planters in some sections in packing
cotton, aud in ginning uplands and sea islands
| together. Factors Jared very well during the
| season as they all reported collections exceed
| ingly good But few bad debts were incurred,
while, owing to the rapid marketing of the crop
| and it's immediate consumption,
the trouble of carrying cotton was
avoided, something which in other asons was
quite burdensome The Egyptian crop, which
| comes in more or less competition with Georgias
and Floridas, very much deprecated
because the Egyptian planters did not renew
their seed This fact made Georgia grades
more appreciated by English spinners. The
season closed with literally no stock carried
| nd h. Of al hot bol
gone into consumption the smallest ever
| known.
September-The market was quiet for the
| month. Some few buyers were looking over
the market. There we're but two orders to hand,
| however The receipts were small with a poor
assortment of the desirable qualities. The
| opening sales were on the basis of 1Sc. for me-
dium fine, closing the month with an advance
| of 1bc. The total receipts for the month were
| 5l7 bags and the sales were 894 bags
October-The total receipts by factors for
| this month were ZIG eags, while the sales
were 1924 bags. The month opened with
| medium fine at l91sdt20c., aud closed at 20lSG
2lc Movements were slow, and orders small.
| Buyers endeavored to resist any advance
| Holders, however, were very firm. and toward
the close buyers were compelled to meet the
advance, the market ruling steadier. The buy
ing was about equally divided for both foreign
| and domestic account.
Nouember-There was good demand, and
as the month progressed there q much bet
ter assortment on account of increased receipts
The month opened Arm and advancing: there
was good demand for domestic account, and
prices advanced fully 1Sc. when
buyers and sellers became more or less apart
Holders were very firm and the bulk of stocks
were withheld from sale, except on very full
figures. The month closed with medium fine at
23l5124c. The total receipts 1857 bags
and the sales were 3, l31 bags.
| DecembeT.-The total receipts for this month
were 7,079 bags, and the total sales 7,173 bags
The month opened with buyers and sellers still
apart. and finally some holders were obliged to
make concessions, owing to accumulatng e
stocks, which resulted in heavy business, after
which, the market became dull and somewhat
nominal, and sales were made by The weaker
holders at fully 1c below the quotations. Stocks
continuing to accumulate, holders generally
were compelled to let go, as the holidays were
approaching, and carrying over would be more
or less burdensome.
January-The month opened with good de-
mand but holders were obliged to make some
concessions in a few grades, while the quail
ties in most request were scarce. Prices, how
ever, at the close of the month showed a clear
advance of 15@1., with a stronger and more
active tendency. The bulk of the business was
had in the first half of the month. The total
receipts during the month were 1884 bags and
the sales were ,39l bags
Febutdiy.-The total receipts for this
month were 1,2S0 bags while the sales we're
only 625 bags. The month opened dull, but
with strong undertone. caused by the frmness
of holders, but later on the market became
weaker and pretty much all grades eased off
slightly, as buyers were refusing to 20 on at
the month there was more inquiry but buyers
displayed disposition to conceal operations
and the business done was mostly on private
| terms
Mdych.-The first week in this month opened
| very active but easier and prices of the better
| grades fell off a fraction. Holders, however
met the market more freely, and the heaviest
business was transacted III the early part of the
month, the large liUes beiug shaded for account
of the northern mills; but at the closing of the
month the market was dull and nominal The
| total receipts for the month were TSS bags and
the sales 1889 bags.
Aprsi.-Tne total receipts for this month
were only 90 bags, while the sales were /, ,493
bags. There was comparatively an easier tone
to the market. The common grades were some
what neglected although there was consider
able Offering with the better qualities. There
was good inquiry, but such grades were firmly
held at fractionally higher prices. The month
while the finer cottons were fully 1sc. higher
Mdy-The receipts during this month were
only ten bags and the sales were GA bass The
mouth opened with tho market quiet and fac
tors held the best grades III reserve. The poorer
qualities were easier and freely offered but
with little demand for them, Toward the close
the stock had become so small that there was a
poor assortment to select from. The common
grades declined l19c and medium fine I6c
| Jtne.-There was a very quiet feeiing pre.
vang throughout the month. There was a
light business doing, owing TO the poor assort.
ment of desirable grades and the very small
| stock Offering. There was only one. bag re.