The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1894-11-07
SUMS COTTON REVIEW .
The American Staple Consid cred th B sst
and Cheapest in tho VI orld.

ana C4o2p b9C IN 40 W orl0s
New YORK, Nov. 1.-The Suns cot.
ton report says: Cotton declined to 2
points, but recovered this and advanced
to 5 polots, closing steady st rise Of
3 to 4 points. Tue sales were 5000
bales. Cotton goods sold a little more
freely. Manufacturers of Innings are
! working overtime to catca up With Or
ders. Russian Mills have begun pay
ing dividends OF 20 per cent. and over,
and making profit in some cases of
80 per cent. Gorman and French
manufacturers have bean carrying very
small stocks OF raw cotton. American
cotton, its friends contend, is the cheap.
est in the word, aud not only that, 1t
gives the best results. Some Of the
private cables from Liverpool were
! Dearish. FAtman s. Schwartz sold,
supposed to be for continental account.
| rae bears are a5 rule timid about sell
ling. Most OF them are waiting, like
! MlcaWosr, for "souothiug To LurH up"
Fne strike at New Orleans is said to be
Ilmpadiag the movement of tne crop
somewhat. a pouod of yarn made
from American cotton is worth 4G per
cent. more taaa pound Of yarn from
EasJ Iadia. East India supplies are
com parasiyely small. Egyptian is rel
atiVe!y higher than American: Exports
from this count5y continue large. To-
dag they were 42232 to Great Britain,
Il, 1870 to Fiance aud 2, 1856 to tue con-
tiaent, total 1858 bales or $1,000 mora
than Coday's receipts at the ports.
Bombay receipts fof the week are 1000
agalns5 5000 for the sams week last
year; total since January l, 1,57S,O0O,
agails5 l,535,OOJ ror the sama 5ims
.ast yaar. Bombay shipments since
Ja1uacy l, 1900 to Gceat Britain and
1900 soc the same time last year while
60 Jn3 continent they Ware 7ol, 900,
against 10000 for like period last
year. New York stock in licensed
warehouses IS $500 bales, against 49,
7O3 year ago and .2o5. 300 at this time
n 1892. Port receipts ara 50,39l,
against GLIB this day last wess aud
| 36, All Tor tna san3 time last year; total
| thus far this week have been estimated
| as high as 425,000. S)ns think these
figures will not De reached. Port Royal
reports a shipmsnt of 6,505 bales to
Liverpool. Exports from the ports
1 5GGSUu w 1SSv !ll3 w aiO 4,OOo,o-- oSesAASo
| SS903S for tue Sans Clme last year.
| Ehe snort interest in this country part
ly against sales TO Europa aad milling
interests of the UntGed States Is bsliev-
ed to bs very large. Some expect large
receipts at Jhe porIs next Wees. New
| Orleaos receipts tomorrow are e5tt-
mated at y 900 to 14,0O0.
Ole irm said: "a let up IN ths
movement is necessary to sustain
prices, put no material decline is look.
ed for. a large demand for actual
| cotton will no doubi be felt when the
idea becomes general that prices ara at
the bottom. Eastern mills continue to
buy freely and We are advised from
Boston that they have purchased
enough to last till the 1s5 Of February.
1t must be remembered that they al
ways carry few months supply"
a telegram from New Ocl5aos this
fafternoon from a correspondent there
Isays that reports from everywhere tell
of 40 enormous movement, and that
next week promises to be nearly as
slarge as th Is.