New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-17
COTTON STARTS UPWARD.
MARKETS RISING ALI. ANU ~"
SPOT SALES IN LIVERPOOL FILL

PHENOMENAL SPOT sAILS IN LIVERPOOL "'i'-
SONS FIGURES OF EUROPEAN CONSUMPTION.
The cotton market rose out of the slough Oh
desmond Yesterday with the overnight suddenneSs
characteristic of that speculative product Futures
closed last night on the New-York Cotton hNV"'7
10 points higher than on Friday. January 'ioS'" d"
sl7 on the curb SIG was Did for it, New-orlea''
closed IS points higher than on Friday. Inc i'''
ures of the day were the continuation OF the re-
markable spot sales in Liverpool ana the DuHS"
statistics in The Chronicles weekly record OF the
crop movement Spot sales in Liverpool were lfV"
bales at l-S2l. advance one large firm sad ,"o"
adv,ces were that 5000 baes additional had Deeh
sold I'm Liverpool making 10000 in all These SAFES
on a haf-hoiday were regarded az phenomena anu
private advices Of poor trade In Manchester III
view Of the heavy buying in Liverpool last "ceh'
viii find fewer believers than ever just now
Futures IN Liverpool opened 36id down. but recoV-
cred the Joss and closed ~ points over Fr!day
..The Chronicle" shows that there came into sight
during the week 3Sl 40 bales compared with 'l'S"
for the same week OF 1894 and the decrease IN
amount in sight as compared with last year Is
94l bales.
The visible supply Of cotton is 1896 bales less
than II was the corresponding date in 1894 and l'"
go bales less than in 1899 and decrease OF 26soz'
bales from 1892 The total visible supply OF cotton
Is now 3;0s4ii bales. against 370.So In 1871 anu
36lSSj4 in 1885, and 370Gs in 1892 The total Amer
lean supply is 3lG2H ba,es, against 55ooJV III I'''
Tho words visible supply of American cotton,
which on September 5l.0 600 bales In excess Of
the supply on the corresponding date last year, Is
. 1s ooo bales less than last year sheer loss OF
COO an ha.es The increase in the visible supply
since September l. this year. has been l'V''Vo o'''
I'm, the Increase in the same time iasl year "d9
~ coo ba,es 1t Is believed that from now on THESE
comnarisons will be more bulsh week by week. -
long as actual consumption is on It's present vast
Nrfip ~
,,,,,sor NOW estimates that British spnners are
o,,s,,r,ino so 900 bales week, or 2wo Dales less
than last year but that Continental spimleIs "e
consuming 10000 ba.es a week. or z'VV pdieS MN"
than last wear This makes the to'ai ISoUV' DTS
-" ,ho sar,e az last year The bulls say this proves
that high prices for raw cotton are Ho'
tho consumption q bale and that last year con-
s,-o,,ion now being duplicated. made 1t necessary
CO., ,,-,,,e ~ take 6SO0.OO0 bales Of the American
ooo Where will they get it this year, they assn,
Nth crop less than last years exports anu
American spinners needing 100000 DaleS'
During the last eight days the record SHOWS '"'
sales ~ spnners In Liverpool have doubled those o,
uaek being inward of 10000 bales, and
h na,i. between prices there and on this SIDE mas
haen reduced from 81 30 a bale 20 under % cents.
port receipts yesterday were o"is iv.s,S Ipe@rs
i 70 The excess Of $1,000 bales at interior points
as bearish argument; the bulls say ueC , oce
no o Ia 90 Sen in the stocks at all the ports mo-
,ty0 ofsets this The following advices were re
ceived from the South on the Cotton f'Ac"a'Se
NenSnh,s Tenn. Nov 81 think the amount OF
cotton held by planters Is overestimaied
with captain of another large Nicksburg boat ar
yd yes.srday lie says Xrk on th ns noBoGy is hold
Ing that 30 per cent il picked ana remals yGs
and he expects his boat business 10 P'ao''S"'' ~
''1" a,mer Tex Nov Sit has been raining heavily
ali day and is fast turning cold when mas ore
stroyed all hope Of any top crop o, oo,'J man ac
maint@d with the production Of cotton. this Is mere
nonsense yet l suppose these reports haVf ' n5s
effect upon the market. The cotton sialk ~ S ua
n"v taxing on the growth 1t generally does IN sep
tember from which growth we rarely eyTr man m ne
any cotton and it Is six weeks later whlch pau
isbes ali hore unless we have a phenomenal sea
son You viii see from our reports that the cotton
is all ginncd and before stated fully 50 per cent
praiTie Lea Tex Nov. SIT might be useless 10
state IT, but there no cotton in the country now
io nick our fields are barren. and without we have
lin December ! dry and warm. cotton Us done for
this year the few bales on the stalks are zen
and wateTy and Will not open with the VIZ "o"''I'
San Antonio Tex Nov S.-Rep.ying to yours OF
The ls inst regarding the amount o pl inourt
in the vicinity from where we get our Gottoh nin
from what we can learn there Is very niue ros'G
held. We only operating our gin TWO Gays J.
q week where IN all past seasons we received al
this time Of the season more than We could handle
and this Is the case with all our nelshpoili sIt
ners for instance, at ElmendOrf station, the re-
ceipts al that gin were since october q only ABOUT
twenty-five ba.es, fifteen bales Of which We nave
we are holding eighty bales and the commission
houses here are holding about two hundred bales
There is a little top crop in sight and that will
make and If /, does make 1t will only be bale
ditiOns I'm territory, and in other parts OF me
state the crop is not any better We cannot imagine
where the cotton is TO come from TO make our state
raise over l.JOO0o0. so far We have gnned half Of
what we did last season