New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-18
REPORTS FROM THE COTTON CROP.
uNFAvORABLE NEWS SENDS THE MARKETS UP
IN EUROPE AND AMERICA.

UNFAvORABLE NEWS SENDS THE MARKETS UP
IN EUROPE AND AMERICA.
Liverpool sprung its usual surprise on the cotton
trade yesterday. advancing where decline had been
expected. The exact cause of the advance was not
known A private cable dispatch said 1t was due to
Bradsreets crop report, but II is thought that the
cable explanation should have read Chronicle in
stead oil "Bradstreets," inasmuch as the crop news
in THE Chronicle urfavorable, reporting
drouth and boil worms in Texas and an excess OF
rain in other States. The New-York market fol-
lowed Liverpool and advanced to 10 points, being
at one time as much u points higher than Friday.
January closed at $50. The days port receipts were
about two hundred bales against Az last year
The absorbing topic is the condition Of the crop.
row about ripening Good and bad reports by the
bushel are received daily and circulated indus
trousy but the bad reports predominant. Rains
and continued drouth were both reported In Texas
If they are be believed in their entirety the crop
Is probably disastrous failure. Here some that
we're received here Yesterday:
Taylor Tex. Aug. H-Rains seem to have set in
Rain last night; prospects OF more to-day nil,
be 50 per cent short in this section. 80 ,..
Bryan. Tex. Aug. 17-No rain; clear and hot;
Denison. Tex. Aug. 17.-Bol worms doing extern
Madison County East Tex. Aug i7--Boll worms
doing serious damage Conservative estimate is that
Amora. North Tex, Aug 15-Bo worms doing
Jewett. Tex. Aug 15-Boll worms running the cot
Tolanvile. Tex, Aug. 13.-Drouth has reduced
crop one-quarter and II II continues 1t viii be much
shorter. as young cotton will make nothing. 1t re-
uuires six acres TO make a bale 80
APckton Northeast Tex. Aug B-Boll worms
PLAYING havoc with cotton, bolls and forms being
0akviile Tex, Aug l4-Cotton now being picked
Yields only fifty pounds Of lint per acre and 1t re-
aures 900 pounds of seed cotton to make one bale.
Point Blank. East Tex. Aug l4-Poorest prospect
to fifty acres; also 10 10 10 per cent decrease In
acreage. Half crop is the very best that VIII be
made and even less, with an unfavorabe fall or
New-O Orleans Aug 1s.-Thnk Texas drouth can
only be broken by Gulf storm moving that way or
cod wave coming down from Wyoming, Nebraska
Corpus Christi, Tex. Aug H-Farmers suffering
Fam Southern Tex, Aug. H.--Most cotton is
thirty DAYS late Boil worms and Mexican weevil
are arr. on hand No good rains since June g. This
crop will be the ghtest ever raised by 40 per cent
Centreville. Central Tex, Aug. H.Merchants are
blue. ginners bluer and farmers bluest over the
drouth Boil and army worms are playing havoc
with the plant. and there is certain to be great
shortage
Atwood Violet e. Co. write as follows
The loss In the worlds visible supply this week,
according to "The Financial Chronicle Is 5000 all
American, indicating that the excess OF v'siDle
supply on September over the same date last year
will be only about five hundred thousand baies OF
American. against expectations or 'VIW SNORT
time since. This Is slgnicant. alongside OF me lact
2297 900 bales larger than last year. showing that
the worlds spinncrs VIII have taken during ne
ion eight hundred thousand bales more OF American
than during the same twelve months in the previous
season. We sufficiently near the end OF the
season now 1.-TWO weeks to enable the cotton word
TO see that the crop OF is9i-s5 will be less than
$4,000 bales against prop leces as late az EeDru
airy last OF 100000 minimum.