New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-03
corroy co1n UP AGAIN.
Np tXMAN MAKES 4 STATEMENT OF HIS
POSITION.

not RESPONSIBLE foh THE WILD SEil1N"
THAT BROKE THE MARKET oN wEDNEspAY-
BELIEVES THE NLNr cEoP WILL BE
UNDER 75"mo BALES.
The cotton markets In both Liverpool and Amer
lea Yesterday made further progress toward re-
gaining their equilibrium. Opening . 20 points
higher on the NcwYork Cotton Exchange, prices
advanced Y points of which were lost the close
being TO 10 points higher than the final figures OF
wednesday. Angus, c.osel at ga Those VINO SOFA
In the seni-panic OF the day before bought back the
cotton at higher prices The big bull Leaders were
said to be buyers OF distant months ana sellers OF
the near privileges. The Russo-Japanese war cioui'
as might have been expected. gave signs OF pass
ing over Liverpool was id better than 'he any
before and very steady. New-Or.ear' advices tphi
a.. an oner there 70 buy 5000 haes OF June at 63l.
or u points above spot cotton In tina, market TINS
would seem u indicate that the South y pare \
New-Or.elns telegram estimates the cotton "i'soli
there AZ lsO 90 bales. OF which about $4,000 are hci
against contracts leaving the balance for domestic
and foreign purposes Liverpool again sod eool
amount OF spots. 1900 ba,es. bombay shipments
this week are 1900 aealns, 6too, last year but
,h.v are short Of last year in their shipments since
January 250eo bales.
The North Carolina Bureau report estimates i ue-
crease Of = per cen; in acreage.
John II Innan felt aggricved AT what WAS printer
The Tribune yssterllN concerning Ms "I''i'''''
IN the re o. bear the Cotton Exchange ana
he g., informed his friends. Nj. lnman saii IN SUD
stance that when he sold few thousands OF bales
OF cotton h. had no idea there was gong - De
such A general pancky feeling and casting OF long
cotton overheard a. happened. When he ga" taat
aurh was the Gaze end the bottom vas about 10
d-op on, ~ the market by reason % the night on
the nlo- o. the Exchange. he promptly bought coz
Ton and dl What ne could 10 sustain the market
AMI stop the stampede
Il riii. believe" said Mr. Inman yesterday TO a
Tribune reporter. tina; the next crop o, cotton
MI b. under rather than over '|op bales
Al, luving January AMI late months on that b.. ief
SIS time u ya.lah.e. al! can't an9rl 10 De unk
,r.uc With cotton al. summer. tnnk t1e nun
have cotton enough ~ go around w nrn tl7
puss!a.Iapan war news struck US all last trlay
| saw that the market had a tired look. ana mat
/, would be ve,i 10 re, out and be free Tor the
eu.nrner sold about .o.1o ha.es vas not pre-
r.rei Or the result that followed. but don zee
how | c,n be he'd responsible n lot or seNng an
around breaks the market have All along man
,ainel that cotton would sell at cents mere ~
ortobcr and a. VI n Liverpool There VII be no
,1r The supply viii he completely taken VI? ms
ms been my advice II al my friends ana customers
When cotton got around $50 the Farmers A.i4tHCe
reo,rc in the South f.tii Z was n Nasn intended I
deceive planters AMI would not last They ADVISED
everynoiy 10 sell tho rise and az the unmarh"te
cotton vas promptly rushed In believe IN hlshe'
rytt1. later