The times. [volume] (Richmond, Va.) 1890-1903, 1894-02-02
Many COTTON LETTER.

The following is the daily cotton letter
Of Atwood, ' lolett * Co, or New orr,
by private wire TO &. W. Branch * -
The situation Is strong, statsucaily,
but a permaneut support seems 10 DE
lacking. mainly because there - IN.
tiuuation OF the flood OF informauyl 49,,
those who insist upon haNi I'M, Invitations
and interior points in the south a. NJ, ~,
ing a vast amount OF cotton Nn 1.tor %
dillon of things must exist III - ,I,f,
confirm syhat they say--"e Mo '.,,ofe' ~
a as an estimate. In cousefutuNI A.,
This the long interest Is maze tllnlu' ny
nreiictions of a larger movement 10 III
low the present light receipts Wiz
to-day. at ports, are e,eVV paies' h,,e oi'i a.
- cn baies last year and 2O,OJ- DaleS III
I'm and therefore n gives strength 10
tho efforts that are being made TO cause
uouidatiOu of the long interest az ioNti
prices Even though repeating oursei. 80
we feel that we are only bringing !" ~
attention OF the southern peoPS W.
| still hold part of the crop oil TINS 80 ~
| SON when we say that they nave lne
settlement OF prices under thel 49,
| control because, unless they lOics 49,
| cotton TO the visible interior ,.oryorted
/ ported points, or TO the dairy Iepoit ~
| norris. M a rate beyond their lnmeoiae1
| reauirements there viii be sIai"si a.
| distribution OF the million bales Sc. ~
| come into sight after tomorrow a."
! prevont the general movement from -
| mo Of an excessive character in any one
az, or ono week. We recognize, as II
is that IT might be injudicious TO onel
any advice of this kind. AZ an cNi e,e..'
| of how rapidly stocks are neuls .rn'la,,
/ i'm Toxas we have the Following TO-DAY
| from our New Orleans ilrm. btca'u, W =,
| stock " bales, against 3Wo DATES "a.
| vear. Cleburne-stOck, $40 bales, against
| 1000 bales; Comanche, bales, dsa,ls.
! SlD bales. Fort Worth, ga bales assl I.
1.ol5 bales. and what is true oil ieNa9
~ trro of aI the States in the South.
The monthly report OF the New -
leans Cotton Exchange shows 1iae ,i'o
| January movement was ''f'''i p'te,t
against 762 $50 bales two years ago Wne,i
the crop was 0O3JuOO bales; in otner
words the movement was l2'Vo Dales
moro this year. while the crop promises
10 be l.SOO.OO0 bales less, lnch db"i.i,
the amount brought into slshl VI ~
last night is 6,l04pv Dales' Hsa ',il.,,
:, .,lt 900 bales in 1880, when the crop,
rs We have 50 often mentioned, We
z 3Il 600 bales. and although we are ohis
10000 bales short Of lsD, wneh a. We
estimated some time ago, We Wouiu p e
ar this time 100000 bales snort OF INA
-. Of the same time No one could
have ANTICIPATED the abnormal movement
of the past month as evidenced py thg
figures and comparisons WIN the 'tvp
| of lS.p as we give them ABOVE w,
shall be-, at the end OF eei t,tsfS ,l,',t,ne
bales short Of the crop OF loH" Pullins
us. therefore, nearly on basis OF i'lv'
90 TALES on March lst. thrie '1'.'
into sight after January lst ihst y''' l..
September LIST, nearly l,9v"''v Dd''', ~
amount never exceeded but iOui uiHe'
i'm thirteen vars. and two or those year
,,-are seasons of mOnstrOus crops namely
fs,o-'gl and lS1-'g2. 81 is desperate
EFFORT on the pare OF those whose interest,"
are so interviewer with the his crop -
Inmates Ia persuade the cotton "oit
that $4,000 bales is even bare pos
| 4flilifF.