New-York tribune., 1895-10-27
THE COTTON MOVEMEN1.
EXPORTERS SHIP OUT $4,000 BALES.
FEATURES or YESTERDAYS MARKETs-MoRE
ACTIVITY IN SOUTHERN SPOT CENTRES
FOREIGN SPINNER AGAINST
DOMESTIC PRODUCER.

DOMESTIC PRODUCER.
Failure OF Liverpoo. to respond fully to the
strength Of Fridays cotton market here caused
quotations on the New-YOrk Cotton Exchange
Yesterday TO open at TO 10 points decline The all
vance in Liverpool 2-64d, where 5-tiI had been
exnected But the undertone strong \ report
thar Henry Clews & Co. had issued bulsh crcu-
lar showing the strong statistical position OF cot
ton rallied prices to nearly the close oi FRIDAY.
Rather larger receipts at the ports, if3-' against
53 500 last year. made the feeling weaker, and the
close was at a net .oss Of to points. The local
spot market was up lie. and spinners bought 356
bales. AL the Southern spot markets were Hrm ana
active showing that business Is becoming normal
again after the recent tremendous excitement ana
demon .ization. New-Orleans sold $50 bales, Mem
phis 1850. Galveston. Loo, Mobile 900 al &c. ad-
vance; Savannah 157O; Augusta. 673. and ST. Louis
80.
Exports were in good volume. 1885, bales going
out vesterday-l0l64 10 Great Britain. S-e 20 France
and 1905 TO the Continent Total exports up 10
yesterday 5234 bales against 936l6' last year
II is calculated. however. that the va.ue or 1AV~
bales exported this season was $-2Wn,WM against
s1 600 900 the value OF $1,000 bales exported in the
corresponding time last year. The bulls decline 10
admit on these figures that the high price Of cotton
was the cause of the rise in sterling exchanges as
The Situation did not materially change yesterday,
the bears and foreign spinners st pontins 20 grow
crsatins s movement and the fr.nneys southefn
markets
IL points below this market. am sun tar aboVe
rarity with Liverpool The movement OF cotton INTO
sight for the week 4i50C bales. against o2l@D
last year and $4,000 IL 1889. This week last year
the movement was the largest on record The Ns-
ble supply of cotton is now larger tEdn ast year by
1912 bales. The visible supply oi American is
now 24Ol42 bales larger than last year at this TINE
New-Orleans expects only 1900 TO 1000 on Monday,
against 81 90 last year. on Monday OF last year
port receipts reached the enormous iotaI OF u
Oc0 bales New Orleans estimates the total receipts
at the ports this week at 100000 bales against ~
"a last year. Houston got 6,sS7 bales yesterday
against 1880 for the corresponding uay 4tst year.
The Chronicle says that picking VIII he about
comp etel in Texas by the middle OF November. II
is said that they were picking cotton III Texas ID
The Ghronicles'' digest Of Eison's annual report
estimates the consumption Of Great Britain al ~
462 bales week, against a monthly estnate oi y
900 bales week, showing that ne ha4 oNere-il-
mated the consumption in Great Britain, tne con-
sumption the Continent remains at ss.pn Daie. "a
week both estimates being bales OF 4p pounds. fie
PAGES the increase in the spindle capacity OF the
world at i4S2.iV bales.
Egyptian advices that the upper Egyptian
80 per cent decrease was expected lsw months
ago. The following dispatch shows the cotton sltud-
tion IN North Carolina:
Raleigh y. c., oct. 2G.-The decline in the price
OF cotton has succeeded IN doing what the leaders
among the cotton growers and the Farmers ALI
ance had been vainly endeayorng 10 accomplish and
the farmer who is not absolutely compelled 10 sell
his cotton is now holding il for better prices
Hundreds OF ha .es brought to this market during
than take the market price r. fact, the cotton
market is utterly demOralizeI in the CarClnas and
he~s. on Wednesday and Thursday less than fifty
bales We're marketed This. too is State Fair week
here when usually hundreds of farmers would sell
Co. -~lsslOner Green. the chairman or the North
Carolina Board OF Agriculture. sad to-day. 1.-The
season this year late. but the bulk OF cotton
picking is already over and next week will see