Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-01-21
ATWOOD YIoLETr n cn-


New Orleans, In, Jan. 20--lSpeciai)
Atwood Violet & Co.. say.
Futnres-Wc sent the following emilio
TO Liverpool last night. 1--WE say posi-
lively the amount coming into sight be-
tween Friday last and Feb. 10 will he
22),OuO bgles less than last wear nnd
;jJO,UUO bales less between Feb 10 and
April I. and after April I. onc.half OF
lasl, years movement What becomes of
Wilson's estimate"
The reply TO this was. "Uuless YOU
nave nude mistake about the move
ment, the statistical position of cotton Is
strong
We think the strike about ended and
as soon rs the mills resume fully we
expect be- business" We gave these
hgnres.Nhich for the irat four weeks are
20,UOO bales less than our estimate for
n Jew days ago, and which are reduced
only to he entirely conservative because
W. want "a show the entire absmdity
Of U.9O0,uD0 bale estimate and the
certainty OF q realization Of small crop
expectations such as Ours. We do not
think Liverpool has had the matter pre-
s2nted 10 them IN this way until now.
Not because we Say kqt certain reduc-
lions Will lake place wftnin certain dates
although We feed pretty certain OF H..
but because we think i needed that
some one should give something more
tangible in arriving ut the possibility OF
a crop under sis and half millions other
than q simple Atiiu0le. We have seen
that even rSmizcd authority Us
Neill has been discreditcd Ia estimating
b..5O,UDO. hut when brought 20 the at
teuti0u of the people on the other side
the probability Of 5JOWm bales less com
ing into 1glit between Jan 10 and April
l. and which is the minimum figure, then
they see ~ once that 70 Is entirely rca
sOnahlc and these have heen the com
ments made upon our figures today by
many who have duubtel whether the
crop was under G25O00O bales.
If what VIZ think will come into sight
after Anil ] is realized the crop should
b. about G.SO0,0OO bales. but we
strongly believe it will be less. The de-
mand today which Co M looks healthier
than any time this season We think is
the beginning of n much better spot
inquiry. strike or no strike. Hatch bill
OF no Hatch bill We base our IDEAS
upon the impression that we think the
cotton spinning world Is on the eve ot
bnsing operations on n crop OF O2Ju,ON
to G.jOO,OOO bales. whereas heretofore
they have beon indispOscd TO accept any
thing under G.TJ0OOO bales. and since
Wilson, estimates have perhaps ~
creased their ideas 60 100000 bales. We
think unless something unforeseen hap
pens chat recent deprcssions In the
market are about to give way TO a period
of more stability in prices
Liverpool closed point better and this
pnrkct IL points better than Yesterday
Port receipts this week.. $1,000 bales
against 100000 bales aud 10000 bales
in 1885 The amount that came int
sight this week Is 10000 bales. against
l2G.OOO bales last yeur and $4,000
bales the year before The total deficit
as compared with last year since Sept
/ is 1.S42. 600 bales Mr.. Pnsch In his
Hevre circular of Jan. . says in conclu
sion: IL therefore deliberately insert
the figure 6,10a,0O0 bales for this sea
son as the American crop, in my culcu
lations of supply
NELL Bros viii issue a circular tomor
row morning IN Liverpool putting Tia,
crop at 100000 bales Hat and will b,
very bullish. This was not known unit
late this afternoon.
Spots closed steady. sales 300 bales
quotations up 1-16c on inddling an,
below with the exception of ordinary
which is 1-Sc up; balance unchanged.