New-York tribune., 1895-12-29
COTTON GAINS SLIGHTLY.
WAITING FOR LVERPOOLS AClio-''
HEAVY PORT RECEIPTS MORE THAN OFFSET BY
STRONG STATISTICAL SHOWING
EIrROPEAN STOCKS DECLINING.

A STRONG STATISTICAL SHOWING
EUROPEAN STOCKS DECLINING.
Receipts of cotton at the ports continue heavy
and had tendency to depress the price OF co"oi'
Yesterday But the bullish comparisons or the
weekly statistical compilations and reaizd''o'.
that heavy port receipts must be AT the expense VI
the congested stocks at interior towns win d i''i
of Liverpool coming higher Monday after It's lohs
holiday, caused a strong closing on the NeW-A oIh
Cotton Exchange yesterday. The general list
closed at a net gain of two points for the uay'
March, after selling down to 79O. closed at "so'
Trading light. only $500 bales having Dee'
dealt In. New-Oreans closed five points hlsher'
Port receipts early estimated at 32VV Daies
against 4c5l2 last year. Heavier receipts at Savdh
nah than were expected and unexpected returns
from West Point, Va. and Boston, sweed the
days total to 4O.3i7 bales. THE Chronicles re-
port showing picking going on still in Texas was
exhibited by the bears. but Withdrawn when ii was
pointed out that of the counties where pickhs
was said to be still In progress was Callahan, up
in the praire-dog section OF the Staked Plains.
The spot business in the South continues light
Southern holders of spot cotton are said to Almost
universally show a disinclination TO sell at ruinS
prices and the interior markets keep frn in spite
of the declining tendency at the ports. Cotton Is
said to be mostly of the hands of the farmers
and in the hands of merchants who are able to
hold it. Receipts at all ports the coming week are
estimated at aDou, 10000. o.o
Memphis received yesterday Ni DdltS dsdinSt
last year; Augusta 55S against Sli Cincinnati, l-oo
against 1893: Louis 66S against l6il. and Hos-
ton, $40 agains; 9.l3S Houston expects on MONDAY
600 to 100 against 9.133 last year. New-Oreans
expects Monday li,oOo TO 1900 against z''olo
last year 1,,,
Since Liverpool closed Tuesday for the Christ
holidays prices here declined 20 10 . points,
but yesterday afternoon they showed only heS
decline Of 10 points In order to reacn the level OF
this market liverpool Will have to come in about
364d lower Monday.
According to The Chronicle the visible supply
of cotton is larger than last weeks by l4O;s5o bass.
and l1ar han last ar " 31.t3l
visible supply of American cotton is 25.955 bales
larger than last weeks supply and 'l4S1 bales
smaller than last years supply. The worlds visible
supply of of all kinds is i092 i baes against
1896 75l last year the visible OF American is 3Hil4
bales, against 4,i9i51 last year. In other words,
the worlds visible this week Of American has IN
creased 10 000 whereas the increase this week last
year over the previous week was S4,eU Inc
amount that in sight In the last week was
2sl 4s9 bales against iO7. 1862 last year. The total
amount in sight of this crop is 79 ei bales. against
6.S20S52 last year. -
There came into sight after this GATE last year
to August 81 inclusive. nearly 3lV,OO bales J. ne
following table shows the strong comparative
position of cotton to-day: