Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-09-26

from this statement, the total visible
hnpply o. cotton IN tho worid 10 a0a,Vss
nhira more than last year, aud l92o0s b0lcs
more than the year notprc.
Thc amount Of cotton that has been
marketed Of this years crpn IL s0,agO bales
lthN 1heh last year ana ai,pW bales moro
than Tho year before.
The exports this year nrc s2 CSC bales less
ihah last year aud sS,sSS bales less than
The stock IN United sintea ports Is s.
~ bales moro tlinn last year and u $50
The Following was mo mice or cotton
for future delivery Ia New York. basis
middlip:, on September 70 OF eneh year,
September delivery. s.aa C.& S'es
October delivery, -. spS 0,2S s,ol
November delivery. MO- $50 SIS
December delivery. $40 $50 S,2
January dnliyery.M s.N v.ls s,@
February dellvefy,.,. SO e.bl SIS
March deiiyery'..,.. sly 80 SCI
The prize Of cotton IL now In cents
cheaper than the year before for Decem-
The most Important statistical faut,
bearing ON the last cotton crop are;
Total cotton crop Of U. g., baIen. b.gai,gsi
Total value OF cotton crop, u. t9As, AOD.Bl0
Total cotton exported from U. 3,
: from u 3, "a,s.',.',.. .'l,,., =, SOL. 6sacci
mills. d E bales ...a..s,v",. s,oss,sa
Totnl consumption Southern
mills, ". s., bnlen ,,.....ausU. 500 IA
Total oonaumptlop. Y =, balcH. 7siG,Ci7
Average plice middllns uplands
In Fsw York s,,.....,.u.s..a. loo
Ayerage price middllnE uplands
Hnes Sv our last ic;irsaar letter was VII,
ten the huslneHa revival has continued
throughout the country aud u rapid and
marked advance In tho price Of cotton has
There IN no longer any DOUBT OF a con.
slhufahle reduction IN acreage and also
material injury 20 the crop IN nearly Al
sections FROM excessive fainR drouth,
blight shedding and boil worms Tho
damage nmounta almost 10 disaster In
i'he report of the agricultural bureau
NJ washington isaund on the 10th instant
showing state OF crop Septemhor I, made
S ai s az ,o% sSsa s9ec M pe ouS g aa
Vices from nearly all sections OF the Houth
report continued deterioration OF tho crop
since the bureaus ndvicea were received.
In view OF these facts Il can be said that
tho position OF cotton shows many els.
monts OF ntrnngth,. md that. the late nd.
vance IN prices. which has been prought
about by o. general buying demand
throughout tho country. has been a nat
urhl one and Il II not unreasonable to
expect rtill higher prices,
There 10 one feature or tho situation,
however, which as yet does not amount
10 much bu, " developed into Importance
will later on IN the cotton year cause ma
tcfinl decline In prtcch and disaster 10
Inc planter. We nllude to tho fort being
made IN nome sections OF tho Bouth 10
have tho planters hold back their cotton.
decline present pricss and prevent the
natural movement Of the crop 10 market
THE object being TO force a further I'D
vance In tho price,
The belief now Ia general that the crop
must prove a short one and comparatively
small receipts are expected but should
The policy 10 have the planters hold back
their cotton prevail and become known
throughout tho markets OF tho world, tho
the small roceipta would soon he cQnsld.
cred purely artificial. and the belief
would become widsrrend that the crop y
larger than II really n. This would
cnuHe a waiting policy on tho part OF both
buyers and Hpinnorp, they knowing fuli
well that tho cotton crop must De mar
keted sooner or. later, and when the
planters get tired OF Il, viii be offered In
unusuaiiy large quan'i,ien and heavy
IL must bs remembered that although
the American cotton crop Il small and
the worlds supply " cotton beiors the
end OF the year may prove short there "
no scarcity at present. for o large surplus
Il now shown IN the visible supply ana
Npinners' stocks Hence, rpinnere are ~
ponltion 20 buy rpnringiy for some time
10 come, and this they viii rsrtninly do
II mn artificial movement Of the crop u
created.