New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-30
COTTON MOVING UPWARD.
ADVANCES IN EUROPE AND AMEhiCA'
GOOD SPOT SALES TO NEW-ENGLAND sfiNNEnS
coNTINI-E-THE STATISTICAL POSITION

coon SPOT SALES TO NEW ENGLAND sPINNERs
coNT1Nr-E-rHE STATISTICAL POSITION
MORE RAINS IN TEXAS.
Tho ground swell Of strength In the cotton market
at Liverpool continued to manifest Itself yesterday
Tho advance there was about 2-6i for futures anu
Lis better in spots The holiday character OF the
market prevented any sharp rise mere Out q'o.a
tons nevertheless, moved up points apo'e ~
DAYS final figures. The close was about points up
August touched G. Sc and closed at tA OCTOBER went
to 695 and closed at 694 The exceHeht spo' ue
mand from New England Primers, which had Deeh
such a significant feature during the week. coh-
tinued consumers taking 1,S35 bales Inc news ID
had an unsatisfactory flavor to the bears WIZ,
foundry iron marked up 81 ton In Alabama anu
Tennessee and bar iron advanced s. ton In ONO
and a general raise Of wages for thousands OF miners
and furnace employees anIounced. there was MANI
tested feeling that this would be dangerous
time TO try and break the market ty shoI' sa'e''
More rains were reported In Texas ana the oou''-
west quotations from official reports given below
show how badly dry weather Is needed N that sec
ton Wall Street firm advised it's customers 'ha'
silver is being bought up. and steady rise can De
expected Small sales OF spots. GOO bales at Liver
noo caused this comment from Price. Mccormick
& Co.:
Our private cables state that the spot market Is
he present small takings of Manchester spnners
argue later increase IN ther pG msl demand is
v eakenng factor it viii ultimately prove an ele-
ment OF strength
The worlds visible supply OF American nc cotton tni
lost this week 5000 bales. The worlds visible sup
Year whereas the has come into sEn.
OF this crop In excess of last year Is Z9VooV ne
excess of last year The European stocks Of Amer
lean and ahoa for Euro arc op more nc f inan
have been l.557oN larger showing tnat european ian
spnners have taken 1ol4o more than Eear as 6
$751; 600 in excess OF the same period that u.s. IRON
ate stocks in warehouse at United States ports and
hrtyone leading interior points weekly ls o repor ,ba
date last year, or an Of $4,000, which repre-
sens all that is left of an excess of $500 OF me
same period last year
The following dispatches were received from the
cotton belt yesterday:
New-Orleans. June 9.-In 1879 iron jumped from
expected in cotton when the world properly under
stands the real status OF this crop Observe al
Fort Worth. Tex. June 2s-Heavy rain last night;
'caIdwel Tex June 2s.-Heayiest rain Of season
to-day; three inches IN one ana han '0u''' '0''
Flaionia. Tex. June 2s-Twenty-fve 'nches OF rain
WewtOreans. June o. II a. m.-Hard rains all
over Texas to-day
The following are extracts from reports 10 the
Louisiana state Bureau for the week ending June 2i
Bayou Chicot-Continued rains have caused cot
and they still continue. Prospects for cotton very
Bedford-Ra,n all during the week. Those felc
lows who make cotton at cents Will pay about
Archibald-Crops are in bad condition from ex-
cessve rains. No doubt some cotton VIII have TO
be abandoned. ,, 49,
Port Jesup-Corn and cotton are drowning on
Winser-Rains daily damaging the cotton very
much it is unusually late. and very bad sta h
Como-Contnued heavy rains all week. with no
sunshine at all All crops are greatly damaged py
continued rains. No work has been done IN heids
this week. Cotton Is very small ana grassy. Sol-
ton Is the poorest since 1857.
Crowve-Ths has been an unusually BAD week
for cotton which was already In grass. and there
has not been any chance to XIII any OF ~ THIS week.
SO II is now in worse condition than ever.