New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-22
FLOODS ~ TEXAS CONTINUE.

AMERICAN COTTON MARKETS ADVANCE ON THE
STRENGTH OF BAD CROP REPORTS
The American cotton markets ignored an early
dron IN Liverpool yesterday and forged ahead indie
nenden,,v closing to points better than on
Thursday. They would probably have done better
II the Dor, receipts had not been swelied py the
sailing of steamer from Port Royal with $50"
bolcs August closed at col The strength was
mainly on the crop reports from the Southwest A
flood Of dispatches from New-Orleans and other
,oin,s predicted blue ruin TO the growing crop
throughout Texas and neighborng States. Inc GOV
eminent weather report showed rains genera
throughout Texas. Arkansas. Louisiana MISSISSIPPI
and Alabama. Quotations are made below from
some of these dispatches. Discounting 80 per cent
for exaggeration. innocent or deliberate II stil
meant that the crop was being seriously injured by
excessive moisture. and the pessimistc bears began
10 take in sail. Liverpool recovered nearly all lis
loss and increased It's spot takings 70 lOVW bales
General trade conditions continue excellent Rolling
mills are busy throughout the country. Blrming-
ham Ala reports unprecedented activity In iron
sbinrenis in the last two months and the Alabama
car Service Association handled 100 more cars ms
MAY than in May OF las, year.
Here are some of the dispatches on the strength
Of which the market moved up:
Galveston. Tex June 2l.-Raroad conductors just
arrived from Tempe. Tex. say~country Hooded from
Hill TO Hill. Much cotton already abandoned; siiua-
ton very serious.
san Antonio Tex June 2l.-Serious crop damage
Grass checking cotton. and continued rains making
work impossible
New-Orean~. June 2.-Greenvile. Miss: Yazoo
Delta 9th to 18th inst had ten inches rain: largest
ever known In month OF June
crawford Tex jun l9-Sireams past foriing;
crops all In weeds and grass.
Winchester Tex. June 2l.-Farmers nave hau ohly
two davs to work since Both ult; many acres or
never has there been such an outlook Tor cotton
all admit not One-half last year viii be produced
Mr. w. whom have frequently sent INTO interior,
i,.it returned from North Louisiana, reports never
dd that section have poorer prospects. crop small
ana backward and badly in grass: acreage decrease
- 10 ~ per cent. - $500, -,
Natchez Miss. June q. 24o =. Might rain
this morning. pouring now.
New Orleans. June 2-Heavy rain yesterday AT
Nicksburg IN Natchcz districts along Red RIVER
and many large sections in Texas. Raining nara
now Port Gibson. between Nicksburg ana Natchez.
cloudy: threatening along the river Wills. Tex.
twentv four inches rain since llth. inst; some farm
ers aba ndOnei their cotton. Navaso'a, Tex farmers
cotton is scalde1 some cases lands are aDandon'd'
drizzling at san Antonio. From kilograms Just IN
all indications are Texas rivers will overflow their
banks o..
damaged by floods last TWO days. The condition 81
the crop could hardly be worse; fields badly In
grass. worms threatened.
Houston June 21-Ran whole Missouri. Kansas
City and Texas Railroad to Dennison
New Orleans, June N-Letters from Texas de-
scribe situation dstressingy bad.
Galveston. June E.-Ran continues over state;
must do damage. Conductors of incoming trans
report country from Brennan south sheet oil
Brenham. Tex June 2l.-Pleniy Of rain falling
Paris Tex. June 9l.-Been raining since June l.