The times. [volume] (Richmond, Va.) 1890-1903, 1892-04-17

NEW YORK. April l6.-Hubbard. Price
Co.'S daily letter says: Cotton exchanges in
New ork. New Orleans and Liverpool are all
closed to-day. In Liverpool the market will
not reopen until Wednesday morning. la
New Orleans and New York trading will be
resumed on Monday. The decrease in the
visible supply for the week is $4,000 bales. OF
which Al 900 bales are American. To-day be
3ng close holiday in Liverpool we are with
out any private cables from there. The press
dispatches advise that there is a prospect that
the cotton lockout will be OF short duration.
and that number Of employees pledged
70 a lockout continue working, paying fine
10 the Federation fund for their breach of
pledge. A conference of the employers will
decide the question Of arbitration on Tues
day This Is the greatest struggle IN the
history Ofsthe cotton trades There are 65, 900
hands now idle. and the number will be in
creased by including the dependent trades 10
100000. A letter from Liverpool under date
OF the 9th instant Is interesting as bearing
upon the question OF the strike. IL reads as
follows:
The market is dull at present and is likely
20 remain so while the strike or lockout hangs
over u.s. Eventually II would lie a great ben
eft II the strike actually took place as it
would improve Manchester. The position i
briefly this. The operatives have become very
powerful ia their organization and funds and
dcistoral in their manner OF dealing with the
mill owners. with whom IN many cases they
erteavOr TO exercise control over whom they
shall employ and whom they shall not, This
state If thingR is fast becoming intolerable.
TO give you an example. only week since
wellknOwn mill owner had occasion 10 DIS
charge three hands for faulty work and
tie secretary Of the Operative Spinners' Union
addressed a letter 10 the mill insisting on the
hands being taken back. or tho whole of the
operatives would be withdrawn from the mill
by the union. Matters of this kind have pro.
Voked rather bad feeling Inc spinners
organization is supposed 10 have about SlOU,-
90 on hand for strike purposes. This. how
ever. would not maintain strike OF any I'M
portance for over two 10 three weeks Ihese
facts will give you a rough idea OF how mat
tors stand in this respect
We have the following telegram from our
S. Louis correspondent Republic to-day
reports cotton acreage and condition IN Texas,
Arkansas. Mississippi and Tennessee; S,2o0
plantations report decrease 40. 600 acres, show
ing about 20 per cent decrease from last year:
Reports are uniform showing decrease and
worse condition There Is only one exception
10 seyeuty-fvO or eighty counties showing ~
creased acreage. and every county excepting
two shows worse weather than last year.
PRODUCE.
Flour heavy superfne. 'S275@2l5; fnc.
tza3 Minnesota extra; u. 90M5.25; city
nil extars. $A75@3.70. for West Indies.
Wheat Options opened weak and declined
&c. in the early dealings. but subsequently
recovered and advanced &c. Receipts l62.-
900; shipments. lSO.697. No. z rod winter.
sl@l25 cash; April 9l11c.; May, 9OMc.;
June. 69Ic.
Corn opened weak at 14c.. declined aud
closed dull Receipts, "A ,475; shipments,
1910. No. mixed. 50s1c. cash; April. 1870;
Nay. 4G<c
Oats dull but steady: receipts, 4.776 bush
els shipments. 2.225 bushels; No. mixed.
Ssss,se. cash, April. Sc; May. 34c.; June.
$50.
sugar-Rehned quiet; cut-ioaf or crushed.
eS5Hc.; powdered. 45E@4s4c.
Fork quiet new mess sl1d1l.50.
Lard quiet. May. 1852; June, $685.:
Naval storsa-Spiris turpentine has not
varied FOR the dsy; quiet and steady quoted