The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-10-04
MARKET REPORTS
COTTON.
No More Cotton Circulars

w PSSAoi W NC otdIeSIuhu,
GALVESTON, Sept. 2S-In couse.
uence of the unfavorable condition OF
ne cotton market, the following wire
'as received tonight from McElroy &
%. of New Orleans: "Brokers have
ecided to discontinue publication OF
irculars for the present. Please ad.
Use the press.n
q Cotton is now lower than it has been
y r many years and the tendency is
u downward and DO one can tell
Yhen the bottom will be reached
! ence the action of the brokers, as at
ne present quotations there is no
rotit in the staple for them or anyone
se except the manufacturer who has
replenish the stock.
|. Secretary Hestsr's Statement.
NEW ORLEANS, Sept. 2S.-Weekly
rop report report, Sept. to %, inclu~
ye. Secretary Testers weekly New
rleans cotton exchange statement is =
1ed before the close of business today,
gain shows further increase of A, =
81 bales over the corresponding seven
avs of last year and an increase of
1888, as compared with the year be.
re last. The total movement since
AEpt. shows an increase of 100000
(, MS over last year and an increase of
MOOD as compared with the year be-
% last. The weekly movement shows
increase of 20 per cent over last
lear and Al per cont over year before
asst, The amount brought into sight
or the week ending today is 24S,0O7,
lgainst 200, 779 for the corresponding
even days of last year and 175, 624 for
he same time year before last.
The movement since Sept. shows
eceipts at all United States ports of
66,963 against 3l2,4 last year and
i50,751 for the year before last, over-
and across the Mississippi, Ohio and
Potomac rivers to Northern mills and
Canada, 81. 429 against 10, S07 and a.
$40; interior stocks in excess of those
held at the close of the commercial
year, 40, 906 against 51,649 and 1896;
Southern mill takings 57,064 against
57,155 and $3.50. The amount brought
into sight since Sept, 1 has reached
395,3 against 434, 045 last year and
40, 302 for the same time year before
last Foreign exports for the week
Ave been 104, 116 against 1880 last
hr, making the total thus far for the
season 1S2,469 against 1872, 466 last
year or an increase of 50,003 bales.
Northern mill takings during tho
past seven days show an increase of
1880 bales as compared with cor
responding period last year and the
total takings since Sept. have inI
creased 74,747.
The total takings of American mills
North and South, and Canada thus far
for the season has been 1929 against
D1 f455 last year, These include III 1873
IhJ Northern spinners against 34,391,
lice the close of the commercial year
stocks at the American ports and the
20 leading Southern interior centers
have been increased 244,691 bales,
against an increase for the period last
season OF 211, 1875 and are now 40,36O
smaller than at this date last year.
Including amounts left over IN
stocks at ports and interior towns
from the last crop and the number q
bales brought into sight thus far Tor
the new crop the supply today is $685.
1893 bales against 745,0O2 for the same
period last season. 1t must be re-
rAembered that the weekly, monthly
ID seasons comparisons in Secretary
Aester's report were made up to cor
responding date last year and year be-
fore. Comparisons to close of cores
ponding weeks were misleading. as to-
tails as to close of last year would take
in 80 days of the season and to close in
1892 includes 80 days, whereas to close
this week this year covers only 70
days.
AND STATISTICS