New-York tribune., 1895-12-06
COTTON HAVING A HARD TIME
WAR RUMoRs AND BOMBAY RECEIPTS AFFECT II
GOOD EXPORTS AND LIGHT RECEIPTS.

WAR RIIMoRs AND BOMBAY RECEIPTS AFFECT 1T
GOOD EXPORTS AND LIGHT RECEIPTS
American cotton had a hard time OF 1t yesterday
The bears bombarded it from the opening to the
close Of the market, with the result tha maj prices
were 10 to 13 points below those Of Wednesday.
War rumors camc thick and fast from Europe. ana
were exploded with dramatic effect on the floor of
the New-York Cotton Exchange AZ the expense of
the price OF cotton Bombay's weekly cotton report
showed a heavy increase in receipts and shipments
over las, year. The steamer Ramore Head cleared
from Brunswick, Ga with s.l92 bales. which VIII
help 70 swell the weekly total OF port receipts, al
ready 10000 In OF last week. quite an IN
crease in the interior receipts il predicted for to-
days weekly showing. Liverpool closed barely
steady after opening with a handsome response of
3-64d to the strength displayed by this market late
Wednesday, Consos were steady The DUH argu-
ments were overlooked came in too late for ef-
fective Yet the bulls had arguments. and good
ones They pointed 10 takings OF 1900 bales Qf spot
cotton at Liverpool OF which II 900 American.
as great proportion Of American cotton as Liver
pool consumed last year. Exports from this coun-
try yesterday were 4l.409 bales-nearly twice the
port receipts. The total exports to date have been
153O5ss bales, against 2ioSs last year The excess
exported over last year has remained stationary
around $4,000 bales for some time Indian mills are
relied upon TO do what they have done for thirty
years heretofore the bulk OF the crop
raised in that country. \ study of the bombay ns,
ureS snow tOtdl sHiIlntHls ~ f-uiopc HtdlN -oVNV
less than last year. The Bombay movement for the
week was reported TO be- Receipts, $500 bales,
against l30O in the corresponding week last year;
total since January l. $4,000 bales. against 6o2-
90 last year. Shipments 10 Europe 1000 bales,
against none in the week last year. total since
January l. $4,000 bales against $4,000 last year.
Anoat. 500 bales, against 1900 last year
A man well posted the Indian market SAID
that the large Bombay receipts were caused first
by early season this year. a great deal OF the
receipts being new cotton, and secondly, by in
crea sed demand. owing to the higher comparative
prices asked this side. lie ventured TO prophesy
that before long the Indian holders of cotton would
advance their prices 10 a higher parity:
Port receipts yesterday 5.5l0 bales, against
Al 43s last year and 1881 in 1888. New-Orleans eX-
poets to-day 1909 to 5000 against l5.2o last year
and r. 200 in 1898 Houston yesterday 6,h3 bales
against 1896 last year. and expects to-day 5000 "a
10coo. against l275l last year: Memphis got S,6s'
against 1921, and Cincinnati 800, against 3.322
New-Orleans was l-l6 lower with sales OF 3.St
bales Savannah 1-l6 higher. The local mar
ket was l-6 down. The other Southern markets
were unchanged. with only moderate spot sales.
The bulls hoot at the idea of serious trouble In
Europe and say that while consols remain steady
war scares' have no foundations in fact