New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-01
COTTON REACTS FURTHEK.
EUROPEAN TROUBLES AGAINST THE
PRICE
A nrcIINE OF TEN POINTS on THE LOCAL EN-
CHANGE-TIiE STATISTICAL PoslTloN-
STEAMERS HUNTING FOR COT
TON CARGOE

TON CARGoEs.
The cotton market yesterday was depresseu Az.
ther by the European politica, situation an" "
cline OF 9-ls in consols The clos. at h'en' ""
10 to IL points below Fridays ina hgnres' va.
closing at $50 the bottom for the day. The marhe'
o,eped ste,dv and TO 3 points over Fridays close'
due =, less decline in Liverpool than had pee" e~
pected I'm view OF the weakness In TINS MAJ Nc.
Friday. Futures abroad were only ~ pon's - 80
where 8 had been expected 1heh spo' -.
for Saturday in Liverpool were good "'o" o'. 49,,
unchanged prlces The traders were much N''e'
ested in the fact that two steamers al "aNes''
as published in The Tribune. had been uhaoe W
yet cotton cargoes there and had gone 10 NC"
Orleans to secure them. As the stock Oh oo,'o" -
Galveston is about 1871 900 ba.es. ii showea INC
traordinary nrmness of the spot holder III .e
to accept present prices for his staple bui's a" ~
that this shows the faith the producer mas WA
crop il go short that the situation warrants ~
nrices They say that foreign steamers cahho'
afford to go travelling from port to port iooh'"s ~
cheap cotton very long Meantime exports are '".'
ming along pretty steady. being 2s'3'' |t''ei"a'
to date exports have been $1,000 bales less Una"
asst year. but In spite Of this the s'o'As ~ ~"
ports are l77.0W bales below Las. yeara
The Chronicles weekly review oi the crop po'
ynent was carefully studied by the dealers IL wa
a bull card with one exception, the iaNihss %
Northern spinners. which this year 50 lar are '',V
bales under last year. Southern mills "n'e
d oo hales more than last year. There were hoV'
lions in The Increased sales OF spot cotton yes'e'
at Norfolk and Charleston, 1T whieh po'"'s a'i"
nothing has been done heretofore that the ->o''n'
spnners are preparing 10 buy more Tree @0o"
While the visible supply OF American cotton Oh
september showed an excess OF 'u'"V ""AeS "
the corresponding day OF the prsv S 5s;es less
than last year $4,000 bales less thdh III 1872 '"'
$4,000 bales Jess than in 1892 u,. s,rc. sep
The Chronicle shows mat eNpoIts ~ . "a "a
TENDER have been 1853 bales against -; ;as'0Io
bales last year. while ESrt1srh ngs,nst cs 81;
bales asst wear Southern consumption SHOWS 81,
increase OF 10000 bales. against -""on oaits
Ier g. ? 5SI $50 baes az inst 4971,42s bales iast
year Stocks at thirtyone leading interior pom.
LOST vear port stocks Friday night We're l,"n,9,S
ba Is AGAINST I.i87n bales last year me Moi
visible supply OF all kinds $9sN n yesrs ago
and 1854 81 bales three years ago 81 ~,
can to-day 1897 100 ba.es against 8So5e' DIS, ',
3.57o6 GA bales and S,Go5o" ba'es 'ne iaS' '''''
II viii be- noted that the worlds visible supply OF o.
cotton OF al kinds is now Sso baes desi hacnms
more apparent each week unless there IL 4 "A'A''
increase in the receipt; IN he near M ha.s AGAINST
4 no hales ,ast wear and 5000 ba.es In 1Se. were
swel.ed somewhat by the Usual nohthly lon,
wear we're a. 60 bales Nev-Or.eans expects mon.
dav 1900 TO llo0 bales. against Il, @l paies ias.
year. There heavy figures against cs wmsn some
covering by bears In the cotton ring
Interior receipts continued on dminuendo sea
Houston got 1888 bales against Lac paies s.in ns
wear and expects on Monday 5000 bales agaihs'
1850 baes asst year; St Luis g, got l" ba,es
against 1884 baes; Memphis ScSl bales again. o.s
5,34i bales. and CINCINNATI, zlSo oaie~' as"i''7' '
Augusta, Mobile and NewYork declined l-l6c yes sso
$50! Mamie zoo ba es Norfolk. .i7i bales Charles
ton ISL bales and Augusta. $50 bales