New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-10-05
THE COTTON MARKET EASIER.
NEWS THAT BROUGHT COMFORT TO BULLS AND
BEARs-A BOOM AT FALL RIVER

NEWS THAT BROUGHT COMFORT TO BULLS AND
BEARs-A BOOM AT FALL RIVER
After the dizzy rise of the previous day quota
lions were lower on the Cotton Exchange yester-
day and the fluctuations such as delight tne scap
org The close was to s points below Tuesday
January closed at 9.N The news OF the gay was
mixed and brought comfort to both sides. Liver
pool was lower. because 1t was said there were
signs OF a collapse in the Kaflr boom In mining
stocks Manchester spinners bought only looo
bales of cotton and the Nels, 1t was said, denied
any intention Of issuing early circular estimat-
ing the yield at $4,000. The movement OF the
new crop into sight was very heavy-3loo" Daies'
against $4,000 last year. Interior receipts were
l7s75l against ls99ls last year. Port receipts were
10000. against 1900 last year.
All OF these points made excellent ammunition for
the bears on the other hand. their ancient antag-
onsts the bulls. sail the movement was not large
when the great price and the fine weather for gath
ering and marketing the crop were considered.
They said the country was getting accustomed 10
Scent cotton. Advices from Fall River said the
market there was strong at 1-l6c. advance Tor
print cloths to 81, cents. with more buyers than
sellers and very heavy orders in. Cnfavorable
crop reports continued to pour in. In Mississippi
a combination of merchants formed to keep up the
price OF baggng had fallen to pieces owing to the
lack of demand from the farmers. The Bureau re-
port OF the 10TH expected to be the worst record.
still hangs over the market. telegram from
New-Orleans quoted Henry NELL as saying that his
firm will issue no circular at present. but he re-
iterates his assertion that the crop has seriously
deerora ted since their last circular or september
25 report from Memphis said that Hiil. Fon-
tame e. Co. cotton factors of that city, are ex-
pected to issue very bulsh circular to-day
Storm signals up along the Gulf Coast, and
a tropical hurricane reported at Yucatan. with
it's course uncertain These dispatches among others
were received on the Cotton Exchange:
New-Orleans Oct. 4.-Bet $3.50 against $4,000 that
the crop Ia under 100000 bales.
Monroe North. La. oct. 4-The crop mere ~
worse than in Texas. Worms nave stripped
the plant of all foliage.
Burkevi.le. Tex, Oct. Worms have destroyed
the late cotton and dry weather the top crop fied
half OF average crop.
Leesville Tex. Oct. 4-Cotton four-niths gain
cred and two-thirds sold.
Tensas Parish. Oct. 4.-Ths and contiguous sec
tons becoming daily worse
New-Orleans oct. demonstrating the high prices
and the remarkable weather for marketing the crop
compared with last year the movement is light.
England may send sensational cables. but cannot
Increase the crop.
Bryan Tex. Oct. 4.-Rans have set in and are
doing damage.
New-Orleans Oct. "A New-Waverly. Tex, spe-
cal says that according to gnners reports the crop
is IS per cent short. Senator Georges son writes
from Greenwood Miss. the more the cotton Is
picked the shorter the crop shows.
Bastrop, Tex, Oct. All our planters sold half
their crop AS this cotton has come In
receipts will be light the most sceptical Will find
something TO wonder at