The Lexington dispatch. [volume] (Lexington, South Carolina) 1870-1917, 1894-11-07
SUNS COTTON REVIEW L.
Tn Anne cican ssspls 90 asid cred tn b ,st
and Cheap sat In th, W orld.

New YORK, Nov. 1.-The Suns cot.
ton report says: Cotton declined l to 2
points, but recovered this and advanced
I to points, closing steady st rise Of
3 to 4 points. The sales were $1,000
bales. Cotton goods sold a little more
freely. Manufacturers of linings are
working oYertlms to catch up With Or
ders. Russian Mills have begun pay
ing dividends OF 20 per cent. aud over,
and making profit in some cases OF
80 per cent. G3rman and French
m manufacturers have been carrying very
small stocks Of raw cotton. American
cotton, its friends contend, is the cheap.
es5 in the world, and not only that, it
gives the pest results. Some OF the
private cables from Liverpool were
oearish. FAtmau & Schwartz sold,
supposed to be for continental account.
rne oears are as rule timid about sell
ling. Most Of them are waiting, like
MlcaWoer, for something to turn up"
rns strike at New Orleans Is said to bs
Impajiag the m0V5m ant Of the crop
sonewha5. a pouad Of yarn made
from American cotton is worth 40 pec
cent. more thal pound Of yara from
East India. East Iodia supplies are
com parati7ely small. Egyptian Is rel
atiyely higher than Amsricaa: Exports
from this country continue large. To-
Day GnsY wero42232 ID Gcea5 Britain,
II 1870 TO Ffaacs sa1 2l,l 1885 20 tns CON-
CinenT, Cotal ,65S bales or 5000 more
Inan Coday's receipts at rns ports.
Bombay receipts for Gne week are 2.O00
ssalnsG 5000 for ths sans week last
year; total siacs January l, 1,57s,G0J.
4s4lus3 l,5350)1 FOR Ga9 s.ns ams
.st year. B)m2ay shipments since
ia luary l, 47,O0J co Great BriGaln and
4t,0OO for Ch3 same rlms last year while
w Cn3 c)o5lieaG taeg vera 7ol,OJJ,
against $4,000 for like period last
year. NV Y)rk stock IN llceased
warehouses Is $500 pales. against ne5
100 year ago and ,255. 300 a! ts's Ism7 aa.
10 1892. Port recslnILaro oo''9t,
| agatas5 GLIB tn;~~uay idsa "e5A du1
2S1i7 far ra5 sam Jim5 last year; tosal
/ rhxs 1ar this week have been esnm ated
| as high as 4250O0. S)na think THESE
| figure, will not % reached. Pors Royal
| reporss shipmsat Of 6.oOo bales to
ILlyerpooI. Exports from the ports
| season to last night are 1,0S9,622 against
8S9O3S for the sans tlms last year.
! rhs short interest in this country part
tly against sales to Europa aud miliing
| interests OF the UaiJed States Is b elieV-
ed to bs very large. Some expect large
receipts at the ports next wees. New
Orleans receipts tom 1rroT are e5si-
| mated at 12,O00 to 14,0)0.
| Oae finn said: "a let up Ia tbs
fmovemsaJ is necessary to sussaia
prices, but no material decline is look.
| ed for. A large demand for actual
c,tton will no doubt be felt when the
idea becomes general that prices are at
the bottom. E!stern mills continue to
buy freely and We are advised from
| Boston that they have purchased
enough to last till the lst of February:
1t must be remembered that they al
ways carry few months supply"
a telegram from New Oclsans this
afternoon from a correspondent taere
Isays that reports from every Where tell
| of an enormous movement. and that
next week promises to bs nearly as
large as tn Is.