New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-16
COTTON BEAES SPREAD RUMORS.
PRICES HAMMERED on REPORTS THAT ARE
PROMPTLY DENIED-THE MOVE
MFNT OF THE CROP

PRICES HAMMERED ON REPORTS THAT ARE
PROMPTLY DENIED-THE MOVE
MFNT OF THE CROP.
The aggressive bears in cotton Knocked 20 points
additional from the price of the product yesterday
or 81 a ba.e. January closed last night at sos after
se!ing al SO7. There was a flood of bear
rolling over the floor of the New-York Cotton Ex-
change all day. and. while none of these rumors
was confremd. yet il partly demoralized the bull
contingent, which IL large nd powerful. but not
reckless First Of al. Liverpool. after opening up
Lad higher, broke +-6id. but recovered half the
loss. This was great disappointment local
bulls, who had expected better response from
abroad 10 the hrinness of this market on THURSDAY
Liverpool private cables said was down reports
OF failures being mr .nent in New-Oreans. and Of
failure in Manchester. well pressure Of spot
cotton from the South for sale. Reports Of trouble
on this side were promptly denied and a rally fol-
lowed early drop OF y points. But the tide
strong against the ba!.s There was a sharp
drop of points in the afternoon the reported
failure OF a large drysoods house in this city which
also promptly denied. The port receipts for
the week swelied by the c.earances at "vari-
ous ports to go 429 bales against ls7 so last week
and 3ti.9l2 last year. COnsOls were lower. Silver
declining. More gold withdrawn for ship
ment The interior receipts al the thirty-one
counted towns were l54s3O against 153lS5 last week
and PAS AIS last year This movement small
enough. but the stocks at these towns showed an
ever. less than expected, and are now
$1,000 bales In excess OF last year. bene 1900 bales
against 3Si.ot0 last year The Southern spot mar
kets were l-l6c lower. New-Or,eans sold 1000 ba,cs
The local spot market marked down lsc
Against these bearish factors the bulls set the
figures OF consumption and supply There came into
sight for the commercial week ended last night
$4,000 bales, against go coo year ago 10000 in
1893 AMI 3O3 in 1892 The spot sales at Liverpool
keep up their large volume, being BOO bales again
yesterday. There Is nothing in sight. say the bulls.
TO check this steady consumption OF the worlds
cotton supply. and un.ess something does check
II. and the crop movement does not Increase there
is bound 10 come time OF extreme scarcity Of the
staple before another yield is gathered.
New-Orleans expects today 1000 bales. against
10000 last year
The bigges, buyers yesterday were the largest
houses in the trade.
Secretary Hester's Ncw-Orleans Cotton Exchange
statement from September TO November Is. in
elusive Fort receipts ,l1s bales, against 1890
922 last year 227677 year before last, and 2Ve9'
for the same time In 1892; overland 10 mills ana
Canada 275 947 bales against 400 1855 last year A5
6l2 year before last, and 2723sS for the same time
in 1892; interior stocks in excess OF September l.
02 4sO bales against 39Oi last year SO2 $50 year be-
fore last and l9004 for the time in 1892.
Southern mill takngs 227 $50 bales. against 10
$50 year 1914 year before last and lS2iO for
the same time 1892; crop brought into sight dur
ing seVentySlx Gays 10 GATE, JoS-00 Odlts against
1888 $40 last year. Sol322S year before last. and
27S $50 for the same time in 1892.
Among the crop advices received yesterday was
the following;
Dallas. Tex. Nov ia very heavy white frost
covered all Northern Texas yesterday morning
again this morning and fcr the third time will be
on hand tomorrow This efeo;uay winds up ne
cotton crop for 1895. not another boil VIII open
after all the vehement protests to the contrary ana
loud talks of gamblers thousand miles away
There will not half the number OF bales mar
keted this as last year from tbs. the heaviest,
cotton region OF Texas and the universal asser-
ton that farmers are holding back their cotton for
10 cents Is still greater mistake. The truth Is, I
has been marketed fast picked and g!niel
There is rot 10 per cent Of the total crop left on
the plantations and at gins.