New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-21
FEATURES or THE COTTON MARKET.

PRICES LOWER IN AMERICA on a FREER MOVE
MENT-CRoP NEWS FROM THE SOUTH.
The range OF prices the New-York Cotton Ex-
change yesterday was 10 points. Liverpool opened
equal to American points. but lost half the I'm
provcment before the close. Manchester spinners
again bought 1900 bales. Private cables from
Manchester said they bare OF stocks and
buy actively soon The New-York market opened
s points higher and closed to points .ower than
Thursday The which the list weakened
consisted of increased interior movement and
denial of the report that Neil. Of London. had
Issued bullish crop estimate a New Orleans tee-
gram said that Henry Neil. of that city. said his
brother the Continent and would not issue
report TIL next week. when he returned to Eng
land. The report would show deterioration of the
crop, which still continues. The interior movement
for the week estimated at $1,000 bales. against
10000 last year Port receipts for the week proved
to be ss,91 bales. against 1892 last year. New
Orleans expects to-day 1900 bales against 63sS
last year. Houston receipts yesterday were about
half OF last years. Port receipts for the coming
week must compare with 2Oo.594 bales last year.
The free cotton movement is due TO the hot. dry,
forcing weather in the cotton belt. Crop news.
especially from Texas. continues extremely gloomy.
Some of the crop te.egrams from the South received
yesterday were as follows:
Port Gibson Miss. Sept; 191Receved 1900 last
year. estimate receipts 700 this year, with favor
Fort Worth Sept. M-The Cotton OIL Associa-
ton, in session here, makes the Texas crop less
New-Orleans. Sept 2O-Clarkson here from San
Antonio. says there is no cotton there They might
well close up shop and come here for contracts.
There are many gins. he says; not running at
thing like II. Bet s0C0 even that the crop is
under 6soCoo ba.es $500 that Texas itself is under
1.65O,00O.
w-Orleans, Sept. 2O-Hn, from Alexandra.
La. says that that section is very bad. the best
Judges there claim only half of last year; ques-
ton about 40 per cent decrease. Frost would 90
harm If 1t came within one week. as nothing
plant for frost to hurt.
Atwood Violet & Co. write follows regarding
the relation of the cotton crop TO gold exports:
Secretary Hester in his annual report of the last
crop. says: Taking the NeWOrleans price as a
fair for the United States, the lowest point
touched during the last season was 47s cents per
pound for middling. and the highest His. but
the average for the entire season was 5S2 (say
1910" II this crop should average s. cents or,
perhaps. considerably higher. il would mean si2 50
to $40 per bale anyhow. against an average or less
crop at $50 per bale realized 1927 100000 a crop Of.
$4,000 at si5 VIII produce more money by s6.CMon
that instead Of being able to give $1,000 bales to
Europe We did last season they will be abe
to secure very much les 6 as b the v eIn
months ending August 81. according to The Cnroni-
Gle OF Sepe nber 2,s9ilH bales, which, de-
only 100000 for export. 100000 less than asst
year Secretary Hester. however. estimates Amerl-
consumption FOR the current season al 3.2oOV)
bales Suppose these requirements are reduced 10
100000 only-it would leave out OF crop OF h'~VO
petition for this cotton crop, such as We have not
had perhaps. for twenty-five years or more. II
Europe hoWeYer can ooan as n maeh ya as ' him
within s2 100000 much gold into this country
as the amount we secured during the last season
100000 at $50 a bale. The gold will come sooner
or later from this source. and while this country
may not see it n. any appreciate quantity per
end of October, al the same time there seems no
reason why alarm should be created because Of our
being able to export perhaps 10000 bales less than