The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-01-03

February and March, and very heavy
movement from then till the first Of Sep
TENDER. 1t looks at present as though the
movement in January and February would
be large this year, but hat the total out
come of the crop would not greatly exceed
the estimate of Z, 800, 900 so generally cur
rent in trade circles.
Receipts at the interior towns promise
to be $4,000 against $4,000 last week and
43, 1000 last year. At New Orleans for to-
morrow they are estimated at 5000
against 1000 last year and $1,000 last
week This is inclusive of 5000 bales
added TO complete the years movement.
At the opening of the market this morn
ing slight buying movement carried
prices points above the close of yes
terday, but on an effort to realize on the
part of local traders, the market declined,
losing to points.
1.-The movement at the ports reaches
total of 266, 600 bales. against 1856, 900 last
year, and the receipts at the interior
towns are 81, 900, against 43, 900 last year.
The movement at the interior towns
is again the lightest for fourteen
years, with the exception of last year
The total amount in sight on Jan. 1, will
be about 1925, 900 bales, against $685.. 900
on the Z, 30O,000 crop, and 8, $40 900 on the
crop that finally reached 8,650,0 bales.
IF the falling off in the interior towns
Is any indication of the total crop, it
would seem as though an estimate of
1900, 900 for the total crop would prove
about correct, and it is well to bear in
mind that comparisons are now being
made, as we have before stated, with a
movement which at last season was
thought to indicate crop of 100000
bales. At the close of the market the
loss made earlier in the day was recov-
cred, when it was found that the interior
receipts were lighter, and the market
closes steady at about last nights prices.
vIoLETT's OPINION,
Atwood Violet & Co., of New York
and New Orleans, in q special TO the
MORNING NEWS last night, have the fol-
lowing to say regarding the situation Of
the cotton crop:
1--WE said few days ago that the hand
writing was on the wall, so far as con-
tirmation of truthfulness of the reports
relative to a moderately small crop,
which has been confirmed by everybody
who has taken the trouble to make an in
vestigation, against which we have had
reiteration as late as Dec. 20, by the joint
account estimate of z 100, 600 bales, cabled
to Liverpool, and further a renewal of the
crop betting, which is a part of a combi-
nation to bamboozle the world into be-
lieving that by receipts mean 1850, 900
bales.
''The people who are betting are the
same people who lost their money betting
on by figures last year, and we have sub
| stantial reason for knowing how badly
wrong they were. There is one comfort,
however, that it now looks as though this
seas on will wipe out any influence these
people have had so far as any credence
| has been given to their crop opinions
| They will be the laughing stock, not only
| of their immediate locality, but every
| body else unless, in sixty days, people
| forget that they are in existence.
THE issue has been one of two things,
namely, small Clique who got together
in October last, and announced to the
world that the crop was 100000 bales
minimum, when continually since and be-
| fore that estimate was promulgated the
southern people have been saying, al
most without exception, that the crop
was disappointing them in outturn.
Therefore, it has been piece of pre-
| sumption on their part to state to
| the common crowd this year. that
| they absolutely did not know what they
were making, but the former in their
office could tell them all about it two
months before the planters could know
anything about it, approximately them
selves. All this blufing business has
helped to keep the spinner out of the
market, and really in this country,
should the crop not be over ,250, 900 bales
they will have to buy at higher prices.
The crop Of lS67-SS was a 100000 bale
| crOn -