New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-10-01
NEARING TEN-CENT COTTON
ANOTHER BIG ADVANCE IN ALL TIE
MARKETS.
QUOTATIONS MAKE A JUMP OF % POINTS AND
NEW RECORDS ARE ESTABLISHED FOR
THIS RIsE-EvERYBoDY BUYING COT
TON FEAR OF a FROST

TON - FEAR OF FROST
IN THE SOUTH
The hurricane blowing through the cotton worid
shows no sign of slackening rather IL WAKES
Ncrcer Yesterday the great American staple sur
passed al records on this rise. going ~ points
above Saturdays close and IS points above the
lowest figure of Saturday. January cotton SOFA
up TO 9l2 cents pound, closing at 9o'. oh inc
curb Oil was bid for It, Speculation was on an
enormous scale. and the tremendous grouhdsWch Vi
buuish enthusiasm swept everything before II. On
the floor of the New-York Cotton exchange ho'h-
ing is heard but the prediction that January cot
ton will sell at 10 cents before the end or the pres
ent month As operator expressed IL: All
caution is thrown to the wind ana eVerypou! 10
buving cotton" Where the price Will go 10 under
such circumstances 1t is idle to conjecture. WINE
Liverpool was expected to be better, no such I'M
proyement as was realized was anticipated their
closing being 6ia English points up equivalent 10
an Improvement of IS American points. syrian
operator who has been the big buyer theFe
lately took 1t is said $1,000 bales. Manchester
snnners fought I2CoO bales despite an advance
OF 1-s2d In spots All over the south spot mar
kets were rising. 3-1s being recorded omciahy al
New-Orleans This rapid rise had the ERECT OF
checking the sales OF spot cotton Here spot
cotton advanced "A cent and spInners bought 4l0
bales Dolcrous crop accounts continue to come
from the South. New-Orleans estimates OF 'he
crop are now down to about G5oc,oO ba'es.
New-Orleans bull leader wagered s'W" even on
the New-York Exchange that the crop Is under
ssooOO several operators here taking 81 900 each at
this end.
The chief influences in yesterdays big rise were
reports OF frost at Memphis. Tenn; birmingham.
Ala and New-Albany. Miss; fear that cold
wave about TO enter the heart OF the COTTON
belt and estimated receipts at New-Orleans to-day
OF 1000 TO 1900 bales. against 1870 last year The
market quickly responds to the slightest decrease
in the receipts as being good evidence OF short
cron The receipts yesterday-53,573 bales-were
5000 bales heavier than year ago. but the De-
levers in higher cotton say that II Is due to the
splendid price that the planters are rushing their
cotton to market. The receipts to-day VIII DE
compared with 1853 last year.
The Bureau report, due on October ~. Is causing
a deal of guessing. Predictions are made that IL
will show condition AS low as co. against Il for
tho renort Of September 10. II 1t does. there is
little doubt that Decent cotton Will be an accom-
p,ished and remarkable fact. Crop kilograms from
The cotton belt mainly from New-Or.eans, the
chief centre of such information, yesterday con-
tanned the foowing
New-orleans Sept; 3o-If the worlds supply y, oi
would be selling at 81 to 81 q bushel with cot
ton cut off more than one-thrd why shouldn't Il be
Se Substituted for Wheat There is no substitute
for America cotton; Spots here are auotaDl e any
mills Of the world . 49, mn - 49,. 49,.
%ISsp sse. bales. th %H
under $4,000: $1,000 to $500 that the crop COM
New-Orleans Sept. so.-A prominent broker bid ssS
for 20 900 bales october here to-day and found no
Natchez Miss. Sept So.-Spots here up q. and
strong 49, r,.,. ...oruo, p.rtsh NJ
Issanuena Parish in the Yazoo Delta, writes that
the army worm has swept the nafisn;; a isr er
ma iority of the plantations are without leal on
The nlant can safely say the CROP Is 20 per cent
short of last year The ravages OF the boil worms
ftis vear are attributed to the immense corn crop
They originate in corn, but don't destroy 1t as
'h syh eO Ala Sept. 3o-Commssloner Lane says
that The cotton crop along the Louisville and NASH
Vile Railroad and in Middle Tennessee Is 10 per
ete s Orleans Sept ssnee noon ye, as leS
storm signals have been uprea says am
extreme violence n s the nrS S%f course is
erhaast over the South atlantic states: blowing
h ha, here and sharp fall IN the temperature.