New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-10-04
A SHARP UPTURN IN COTTON.
AN ADVANCE OF A QUARTER OF A CENT
4 POUND.
RUMOR THAT NELL WILL PLACE THE OUTTrRN
At ONLY e,75co0 BALEs-RAMpANT BULL
IsHNEss IN NEW ORLEANS.

AT ONLY s75oo0 BALES RAMPANT BULL
IsHNEss IN NEw-oRI.EANs
A sudden upturn in Liverpool yesterday STAN
peded the shorts I'm the cotton markets and there
was fresh outbreak OF the bull enthusiasm Prices
bounded up from II TO 10 points at the opening. and
after day OF heavy trading the close was firm at
the top. a full u OF a cent above Wednesdays last
figures, or % points. The sales on the New-York
Cotton Exchange amounted TO $4,000 bales Janu-
airy closed 9l2. or 81 points above the lowest OF
the day before. Liverpool closed at an advance oil
Sid Manchester spinners bought 1900 bales OF
actual cotton. The influence in the market. az on
the previous day. was Neill 1t was rumored that
Nell would issue a circular estimating the
crop to be $4,000 bales on September % NELL
estimate 1t 100000 10000 bales. 1t is pre-
dcted that with any confirmation OF the Nell rumor
the Manchester spinners will enter the market as
free buyers. Then the Bureau report IL expected
TO make a very bad showing. The private crop
news. telling OF damage. is still undiminished In
volume and the aggressiveness OF the New Orleans
bulls more pronounced daily. New-Orleans soid
5000 bales of spots and the local and Southern spot
markets were all higher and active. Spot quotations
here were advanced Is.
prominent bull at New Orleans telsgraphed to
leading member OF this Exchange Offering TO pet
s25 900 to $4,000 that the crop would not be 6'cooo
bales. New-Orleans sent an offer TO bet ~" that
some one month at Liverpool would be quoted al
Sgd. before February l. \ bet was MADE OF 'ie
local exchange of 500 to $50 that January contracts
would sell here at 81 20 by October 90 New-Orieahs
sent a bet of $1,000 here that January contracts
would sell in New-York over 10 cents and found no
takers prominent broker in New-Orleans pa
cents in that city yesterday for 10000 October and
found no sellers. This is 3-16c above spot quota
tons in that city and indicates the great strength
of contracts there.
The receipts at the port yesterday were 2tslo
against &C. s5S last year Interior receipts were neaVy
and New Orleans expects tomorrow ll"" 10 l-o"
against II 10 last year. But less attention II beihg
paid to the heavy movement because IT Is geneIai!y
thought that the price is causing the pan.e, ,s,
compare with 4i.739 last year. Among thc -
grams from the cotton belt received here Yesterday
New.orleans, Oct. Bet 5000 to 5000 that the
crop is under 100000 bales Worms stripping LOUIS
lana OF all foliage in every direction louisiana WI"
Refugio Tex Oct Cotton all gone from this his
county and gins not running. without douo' ''e
New Orleans. Oct. "a special from Beeville
Had rain but too late sd TO 9epc ee potato
crop Liverpool should know this about sweet p9-
tatoes. mills may have to use them 10 Ill the'r
Anderson s. G., Oct. 2-Heavest frost ever known
In September; thin ice formed in exposed localities
New Orleans Oct. Striving. one of the most prom
,nent planters writes under date OF Tuesday that
worms will clear up Sunhower County In one week
Nothing can be Done TO Ste eer ne from Brookhaven
Miss, says: "A leading exporting firm is paying
So only 1s under an Sds Tor any ey
anime the cotton" The whole universe seems 10
have sold this crop short. ..,,,. ., oro,, u,,u
be gathered by October Is Top crop a total fai-
ure .r, ,,o.,, says Cantai,
Wright has returned from trip In the ATkans .s
cotton section and Arkansas convict farms. ana
the last few weeks have ,mashed r an pasl on
bales and 10000 will be nearer the mark