The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1891-05-01
Ev,ry,nins bound upward and Cotton with
tA6 Rest.

6votybuhu SseAN ~
rs Rest,
NV yopx. Anil 24.--The tide Of specu-
l.tiop has apparertly started In for . high |
run. Wall street d revived, and It looks as
though we were ip the beginning OF Hush
times. All the Exchange have taken on new
life. and the very Air 10 surehsrged with pre-
dictions Of big bpathess and inflated values
There is more sp.iyiiy on the Stock Elk.
4 .h.ns, In n. - Nd weary time and
The Produce Sz4Se hay OF lsts been the
soeno Of wind rRxcitement and tremendous
| transactions, resulting in rich reward to the
bulls,
| Eyen;tbe Cotton Exchange, where trade
| has lonf been as dead as door nail, has
during the LAST few days shown signs OF re-
vivsl aid activity.
Thets is uudeniably turning Of attention
to Gotten, and, in spite of the unprecedented
crop, tits moro than likely there will be
come lively times in the staple between now
an AuguA.
"Cottop is lower to-day than it has been
in thirty ,ears, and the enormous growth
in consumption is fully commensurate with
the big annual increase Of this crop. There
/, fore eight aud three-qusrter millions bales
should be M hindrance to . fair price, and
August cotton to-day is At least cent pound
too low" 3: 49,
q So spaks q prominent member Of the Cot
=. ton Exchange to-day, and he seemed &c
D mean busincs.. 1t is whispered in certain
quarters that syndicate Of New York and
n Liverpool operators with barrel Of money
4 behind them, shsses formed pool to ,pu
a-id are said ssssss laid, % AMI ai sssl
- strength fully eq{.1G to the r undertaking
q Hubbard, Pribp & Co., have been anon
| ~ ,spo opk k,,x, sofA nj
:, ly and are suspected of being identified wit
the proposed bull campaign. They are yer.
: active. send this dispatch rs friend
r, hint to your readers that it may be we'll
think twice before selling cotton short sin
>. ply because there is big crop. Statistic
- are the most unreliable ofall factors in sp'
l. culations.
y To us there is a very strong Jfshy sme
> about the above telegraphic dispatch, whic
we find published in oil the weekly edition
% of prominent daily papers in the South, au
against which we warn our cotton farmer
v. No doubt it will be profitable for tho
" farmers who still have cotton to sell,
hold IL until ihe pool puts II above
cents but the trouble is, and there u
suspicion of ofinteution to mislesd lies, the
30 will be precious little cotton in ihe ba9ds
Farners, for-thsur TO DO bensftted t6 au
~ appreciable extent by the August, rise ; a'
we point our farmers to the seductive wor
'a' ing of the dispatch, rs being me usual ros
I. colored promises and allurerhents held Q
or just about planting time, by syndicates
cotton spectators in thts country q
all Europe, to inducs the Southern planters
!s. piuni large or"p VI cotton. Why is i. :!
re- we seldom, if ever, hear elf" 20 syndicate
New York end Liverpool operators W
'te barrels of money" being formed to ru
en- the price Of cotton ddriug the cotton sell
n. sessonf II
'"' No, no, during\that important season
,r,, the farmer. rynd1 1eates and pools are fOrr
~. by operators with barrels Of money"
- keep down the rice to The very lov
~. 49, notch, until they bsse squeezed all the
-. % ton out ofthe fsrmer hsnds, and then t
an publish to the farmers that they are g