The times. [volume] (Richmond, Va.) 1890-1903, 1894-03-09


Following is the daily cotton letter Of
Atwood. Violet & CO.. OF New YORK by
urivate wire 10 G.. w. Branch < CO.,
As We expected, all markets are bette.
to-day, though Liverpool was oiliy
point higher. This market improved :
points also. which We're lost, closing
finally no better than last night. Inc
loss of most Of the Improvement was Que
O. am estimate Of I,VuO bales LOT 70
morrow az New Orleans, against Di baies
last wear. but our advices from there
ara that Houston and Memphis con
tributed very largely In other Wotus
stocks az the larger interior points ar
being transferred 20 the ports, ana WHO
apparently are swelling the amount conf
ing into sight by making the port receipts
large 10 will be seen tomorrow now
very large Il reduction at the sources OF
supply Offsets increase On port fecelpts'
as compared with this week last year.
The amount I'm sight we now estimate
al about the same as last year-i2,VVV
bales The spot situation is decideAly
better Liverpool continuing Win i-'vVv
bales sales Memphis also reports an
unusual demand for export anu .nae
everything offered there IS bought LOT
Great Britain and the Continent. oeiila
reDorts sales OF 800 bales yesterday AT
IL advance. I'm fact the supply Al any
one point where cotton Is held u Ieuu.cu
to SO small "a figure as TO sirens Wy"
the sp0t holder and therefore ohers 1T
til security TO the seller Of contracts
below spot prices I'm all markets. uc
doing OF which we can only account lDi
bv the fact that selling mas peeh hloic
popular and more prOhtaDie tlah pus mo
thus far this season. Cotton continues
to he exported very freely, having Deen
Yesterday 1000 bales, against 1900
bales port receipts ana To-Day l-,v.V
bales. against Zoo bales port Iecelp.S
We cannot imagine q better lhse2 ,,.'',,,t
than 10 buy the actual cotton AT prSsenS
nri1es aud great deal OF the stocA a0
norris and interior points Whlcu 10 lyp"tt
cd in the weekly movement a. ~ -. AZ -
people who entertain inns opii,t'ia, -,
forrlng 90 keep their money ~ c't. .itb
ard lookiug upOn IL as somethlhb WIN
On, Intrinsic value at all times ana unuei
I'll "Reminiscences. 4 leading hrm mere
who holds 20O0O bales OF Spots ar ~
rlrnt of am advance OF TWO Genus III
,~1 H. is most unusual clfculh-
lfanre that while Manchester accounts
az, NV, as they have been for the past
fyyoutv years, continually OhlaNol 80. 80,
so FAR as official adYices 10 Ani ',i '' a.,
exchanges indicate, exports OF yail ~, -
iesf month were t9NO,OCO pounds, aStllis1
10 ona onD mounds last year. ana Hihte
0rtohar 1st. 37.31O.OOO pounds againsl
~ 1Gi 300 pounds The exports Oh SlDt 800
e9tin4t 3tg. Ol0. 900 yards, and since OSto-
ler Isl. g27 10000 yards, against 80
.I- -oo wards At any other time since
dealings boz futures were lhduii III 49,. 49,
such a. statement WoAlu no ,,,s,,i
"a cent a. pound advance, put 50 psiSs
ri4ff. have become the people IN AIheiloa
specially the American spinner VINO -
a,ho,D 6ales So far behind his takings
of last year and so confident Oh 1 ha,,
position are the sellers, VINO nav ',,or nSSi
KAT nothing favorable 10 the long she
W. me market seems possible. Inc truth
ol t'. F,iropean spinner has taken the
elee.s OF what has come into sisiht over Owe,
he last crop. and is taking u 1'iiy' IN, anu
3iN M material. There is day
'.p'iaa. I'm Inc neur future when the oniis
,.,,''.'7 -,.' ~ accounts Port stocks To-
niehf I'M. Sl677l bales against 9Vl,,1t
Ii". i,st v4ar While Liverpool con-
L',. 'd4uv large spot sales, We
,ian continue io advise buying on all
l easy markets.