New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-09
HARDLY COTTON FNOUGH TO GO ABOUND.
CALCULATIONS SHOWING HOW DEMAND HAS
TItENcHED oS TIE WORLDS SUP
PLY OF TIlE STAPLE.


PLY or THE STAPLE.
The volume o. business On the New-York Cotton
Exchange yesterday sunk 10 $500 bales. But
though small and narrow the market was strong
closing two points oyer Tuesdays last figures Au-
gust closed at -. Everything moves slowly until
the bureau report IL received on Friday. This re-
port Will give the condition OF cotton and fore
shadow the acreage.
Taking The Chronicles" figures the basis Of
his calculations. Atwood Violet writes as follows:
From a supply and demand basis wha, do We
find? The records show. iniispuiao.y, that on Apri
was only 5sco more than last year. "hil- CONT
mental sllaners had on Apri! ..-l"o more. 'ut
tlnent $500 ana TO Grcai Britain fto0p more. ms
g,ins on and has been c5n,nualiy Tor the
months IN Europe.or loo" OF Amer' a.; weekiy
Continent 500 It viii b. that the former dii
not have three weeks supply on April J. ana We
ucn,tl SINNERS had ahou, eleven weeks supply at
the same time. and question II they have a.
much today. Ne Assuming however, IN these
figures. that they using NJ al u their reserve
stock. what ioroen splnn"fs are 10 re, ron
America after June will likely be extremely mod
ernt. inasinuch ~ the amount 10 come into aiShi
from uni.l the end Of the season. Septe,nD,r !
next viii be- less thla last year Necessarily they
wiz have TO fall back upon stocks al Ivorpc;i ana
the Continent he worlds Visible slpIy WI. n De r,
ducei rapidly from ms tlinc umu IN" h'" u W., ,
begins to be marketed which Will no, b. unul ,lr
END OF sepIcmG,ef Da; har@rs W. nov D's' 10 re-
The indications are for crop $500" less than
"a
Ing and has been for the last seven months, during
Depressed commercial conditions a. great as nave
been known perhaps for hry years. 30" bales
weekly more than last year. ana. what rs NOR IN
pOranf the proportion OF American To the total N
stead Of ~ per cent 20 70 per cent hS last year ~
now 20 per cent. which. added 10 consumption IN
America shows a total Of about 2l5.rJ OF American
weekly. suppose. however. IL Is only 2D"p, II
means that ~ the iwenty-one weeks ana tire" days,
May 3 to October |. the world viii have consumer
i.DroOo OF American, or 5Sl"o more than me ehiife
worlds visible supply on 81 instant. 1hcr" was
brought over from last crop l.Ssoeo American:
There must be carried into next season NJ His'
l2JDOo 10 protect contracts AZ Liverpool, New p.k
and Orleans. but d"ducting from this l.Wlvv
European spinncrs stocks mb)uO MAY !. II wouh'
atil leave a deficit there Of Z0JD. and with IN.
previous defc.; already mentioned. 10000. the total
Is $4,000 From this may be deducted what Amcrl-
can spuners may hold as stocks. when can hatuy
exceed lpp0o bales. II 20 much further DEDUCTION
OF 2DVD bale, (and most liberal "nr) from 'hr
above mentioned deficit can be made 20 represent
the cotton yet 10 into sight OF TINS crop from
now until September !. making. therefore, the entire
total deficit soon bales
Now cotton might decline from tO-day's quotations
q per pound but We have given rathe- substail-
tial reasons for believing II should advance &C.
and with Improvement In crop prospects ana a
continued beitcrm-ni Of general trade conditions
the world over with corresponding Increase III .n'
buying power 81 It's population decidedly greater
advance t. In order.