New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-05
COTTON EASES OFF AGAIN.

TIVE REARs THINK THEY SEE SIGNS OF a
HEAVIER MOVEMENT OF THE NEW CROP.
raw of hone Yesterday penetrated the gloom that
has surrounded the bears in cotton the esunated
csn,s at Orleans for to-day are 2,lOo to 200
against 12OS for the corresponding Gay iast year
This intelligence weakened quotations Prices
Gagged off during the day. and the close was Il
,,o,nts under Tuesdays last figures January
ranged between SO and 722, closing at 7lS bid On
@he curb 7l5 was bid. The market was feVersh'
and bulls and bears seemed 10 be waiting develop
ments one house displayed a telegram saying
that eighteen towns in Texas had received 4,So
ha,as against 1881 last year. Another house had a
telegram saying that Cuero, Tex, had received so
far only ZOO bales, against 1900 last year Inc
official figures of port receipts yesterday showed
that 79l bales reached the ports, against 646t last
wear Receipts so far this week have been 1,lSo.
against 25 Cos last year. The total movement this
week last year was Ss 1876; the next week 1884 and
the week following 1881. The receipts TINS week
show loss OF about co per cent.
The position Of the bears seemed 10 be expressed
by Herbert Mum. Of s. Mum. Son q Co., who
said: 1.-THE New-Orl receipts tomorrow are the
signal Of a heavier movement and the news from
Texas interior towns confirms this The farmers
can get a good price, and they are going to send
their cotton market with a special delivery
stamp on every bale Liverpool is in a bad way.
Fall River holds four months stocks. Inc market
is too high and is sale"
OF the other side Of the picture, Atwood Violet
e. Co. have this to say:
The position at the moment (Which seems to cover
the ground so far as cotton Is concerned) is about
as follows: This country is likely 10 require for the
season beginning the LIST inst, on account of i'm
proving trade 3.2J0O00 bales out OF the growing
Crop inasmuch as American spinners this last
son took 10000 bales. Europe will certainly re-
qure much for the present season as the last or
10000 which we gave them out of the last crop;
but as there will be only 100000 bales 10 spare for
export out of a crop OF 10000 which we believe
the growing crop will only realize II means that
European spnners have before them a shortage Of
10000 bales of American cotton, which shortage
they must make good out OF their visible stocks in
Europe Of 1.775 900 the goth ult. according to
The Chronicle Of tn. 3lst u and In addition, the
European invisible stocks which the LIST ut
$4,000 bales of all kinds, according to FL
lison's last monthly statement. published In THE
Chronicle of the 18th ult The same spinners
stocks likely TO have been considerably reduced
during the month OF August, and. perhaps, only
10000 bales the LIST inst. II would SEEM there
fore. that American and foreign spinners would
have TO compete actively for the crop as II is mar
keted. for certainly either Europe or America must
fall decidedly behind their requirements for the
current season. We have made two estimates
among the figures herenbefore given; one. to
the size of the growing crop, which is now consid-
quirements Of American spnners for the current
season OF $4,000. All other statistics give au-
thorty for. Should Europe fall back upon her VS.
ible stocks. mentioned above, what Is to become
of the future contract markets at Liverpool and
Havre where their short interest requires constant
protection. in the way of a large supply, especially
the former?