Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-01-29
ATMOOn NIOLETT 4 a.

New Orleans, La, Jan. % tSppcilI)
Atwood Violet y Co. say
are concerned We are convinced
that this crop is G,250OOO bales
and therefore we propose while mention
| ing daily the movement as heretofore
| To pay more attention 10 the question of
! reduced acreage; for the reason that
! practically the spinners everywhere see
| or VIII soon recognize that G,JOOOOO
| bales at the utmost is an that the most
! pronounced bear can expect aud consc-
| quently with that fact settled In his own
! mind. IL must show cOnclusively that
| he is anticipating an increased supply
| of the next American crop. There Is
| nothing else that we can see I'm the move
| meut 20 start the spinning world into
! buying cotton, than well-substuntiated
| information that less area VIII Ice
| planted and the sooner we impart this
! knowledge TO il. the sooner will prices
reach Il solid basis not only as 20 pre-
| venting further declines, but 10 elevate
| them 10 Il higher plane
Estimated receipts Monday here 5000
bales, against 6400 bales last year. 81,
600 bales nt all ports last year, and 3D.
600 hnles ia 1885. Liverpool improved
slightly. and this market Is ! point bet
ter on near months than yesterday We
again urge our readers TO write MS on
the acreage question.
Washington. Ark.-Thc feeling gcuer-
nlly among farmers indicates reduced
acreage - per cent Of that of last year,
not from choice, but necessity. The ma
iority of farmers are unablr Ia continue
planting on large scale, as they cannot
obtain credit as easily, while many com
tend that high prices of meat will prac-
| ticnlly prevent IL, and viii cOninc their
planting to selected lands.
Carrulton. Miss,-A number of our best
farmers say about onr-hnll will plant
less aud the other half about the same
lns last year There was about 30 per
cent decrease last year The proportion
of cotton to corn rs about 10 per cent OF
the former To- 30 per cent of the latter
The difficulty viii DE 10 obtain seed n'
there is an exhaustion of II. owing IL
high prices prevailing during the season
Some predict that cotton seed Is more
damaged than they have ever betor,
| known, caused by early frost last lnll
and If planted much of IL would not com,
up. p-,
find merchants and farmers expect 1
larger reduction in acreage than last yea
pNrn though the reduction last year wa
fully % pcr cont Merchants are uuAbl,
tO advance, and cotton seed rs very
scarce, and now bringing high prices
The average. negro canlot pay II ana ut
Is the principal lahorer
Grenada, Aliss.-'rhe farmers will prob
ably nut on foot q plan Ia reduce TN
I urrpngc 10 per cent. and will call thu
e state Alliance together and formulate
o practical plan To that end, There Il
] also being organized Merchants FRO
y tcctiyc association TO cooperate WIN lh'
p Alliance. considering il dangerous To nj
vance with meat at III cents anu corn Il
3 The amount that came into sight mex
week of last wear was 2lb,OuO bales
}. we estimate that this aud next weel
o viii not eNcetd 10000 bales, ngains
T. IOS. 600 bales same time last year
?, Spots closed quiet; sales, l1ln hale'
e including eco bales sold yesterday aiIe
e hours.
J. Quotations unchanged
n STOCKS AND BONDS.
4 New York, Jan 2S.The stock maj
e. ket ON the whole could scarcely Ice cal
b. ed active today. Exports OF gold ludi
c and thp assurance of further large sllll
4 ments next week had q decided restrain
e ing influence upon the general marke
n Tie list closed with firm undertone
i irregular changes for the day
n Railroad bonds unusually active an
&c Grm.
10 State bonds neglected.
~ MONEY AND EXCHANGE
vt New York, Ian. % Money on ca
easy. / ~ per cent last loan - close
prime mercantile paper ! LAG.
Sterling exchange nupt. steady S4e
" for sixty-dny bills; S+SI II for d.
It. maud.
or FINANCIAL.
N British CoDsois
n