New-York tribune., 1895-12-12
A REACTION ~ COTTON.

THE QUOTATIONS FALL FIFTEEN PolN
POOL TOO WEAK FOR THE BULLS
Cotton lost Is points yesterday. the March option
closing al Ss2 cgainst Si7 the night before i"e''
was considerable realizing TO take prohts Oh -.
late rise as we'll aggressive short selling y! '
German bear contingent. But the chief "edA"es'
arose from decline in the Liverpool contract n'ai
ket. That market opened s-s4d. up. but pracucs"Y
lost It all before the close. This consldereu
poor response to the Bureau report The port re-
ceipts are keeping up rather full but interior to"''S
show no Increase
The figures OF the semi-weekly interior report
showed: Receipts. sl.Os7 bales against l2SsO. ias'
year. and 1O2273 in 1893 Shipments. 6oSs paies
against lo9.on last year and a3539 in 1893 s'ochS
422s55 bales. against eos $50 last year and S's4 III
1893
55sss last year and 48css in 1893 NewOrleans est-
mates for to-day 1000 TO 5000 bales, against
Hos last year and r. lss in 1893.
Southern spot markets Up lis to s. WIN
business some what restricted at the advance Man
chester spinners again bought 1900 bales in hN-
erpool at 1-32d. advance. This active demand rom
Liverpool is of the brightest stars in the Dull
armament. New-Oreans sold 400 bales yesterday
Memphis $500 and Mobile 100 Exports were 2ii~
yesterday
Liverpool and exporters sold here against spot
purchases in the South. New-Orleans dispa"h
said:
Party just arrived from mis- plantation at shep-
ardstown, Yazoo Delta says: Full 10 per cent mas
left farms and plantations Munroe, La. w,rss trs
Steamboat City of Camden from Camden. -ttn'
passed Munroe without single bale or cottoii' soie
thing unheard OF before.
II Is pointed that the indicated December crop
movement Is the smallest In eleven years. on this
topic the following comments pertinent:
Nell Brothers, Latham. Alexander & Co and the
Agricultural Department have each announced an
estimate under $4,000 which s our maximum esti-
mate In 1892 the December movement l.as ~, was
the smallest of any since 1888, when the crop
was 5,T4652. and yet the movement OF the present
December crop does promise 10000. ana per
haps 5000 less The crop In size TO what the
present promises be is that Of 1929 or bVOSno
The amount in sight OF this crop on Saturday last
1850 600 bales against about 1894 Oh" az this time
in 1892 and 37220cO in 1886 There received after
279i.0CO IT, therefore there comes into sight aiter
the 7th inst. much cotton as came into sight N
those two years after same date. the crop "ouia
point to 5626,0U and 6,65l 900 bales respectively.
IL Is all very we'll TO make crop guesses OF hand.
but 1t though 1t were better TO COM
conditions favorng the picking and marketing ot the
crop similar TO those have been ana are
experiencing our impressions. therefore. are in
favor OF a crop Jess than G500.000 although the
amount In sight Saturday next will probably be
4l10 oD bales, leaving only 2S30 0 TO into sight
after the l4th inst until September l. 1896 In order to
realize q crop OF 6.5oO.GDo. But then. again, the
amount in sight at the middle OF December. 1892
was about 4.2+ODcO bales, showing that there came
into sight after that time, in that season, only
100000 bales or 10000 more than we estimate VIII
come into sight after next Saturday to make $500
600. II seems 10 us that crop the smallest in nine
years. this promises to be- Is entitled 70 bet
ter prices.-tAtwood Violet & Co.