New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-04-19
THE COTTON MOVEMENT.
FEATURES OF THE WEEKLY REVIEW
HEAVY EXPORTS AND SMALL TAKINGs BY NORTH
ERN sPINNERs-NEw-ENGLA MILLS

HEAVY EXPORTS AND SMALL TAk1NGS by NOhIH-
ERN sp1NNERs-NEw-EN MILLS
REsUMING WORK.
The worlds visible supply Of cotton was dimn-
ished by the Withdrawals for trade purposes last
week of 5000 bales The worlds visible supply OF
American cotton lost a. bales Cotton OF all
kinds In the world Is reduced to 32OissO bales
and the visible supply Of American is down to
q 1888 $50 bales. These figures show decrease In
cotton Of all kinds in sight Of 1064 bales. as COM
pared with last years at this date falling off OF
3OS74 bales compared with 1884, and decrease
of eO3 293 as compared with 1893 The supply Of
American cotton in the world Is now 1212,0o bales
less than last year at this date.
The feature of the weekly statistical compilation
Of The Chronicle" however. which attracted most
attention yesterday the degree OF loss suffered
by the available supply OF cotton IN this country
Port stocks and interior stocks In this country fell
to 1856 900 bales which showed loss during the week
Of ~ 600 bales The total counted stock Of cotton In
this country is now 1875 600 bales less than on
hand year ago. During the week exports footed
up 79O45 bales against 1875 for the corresponding
week las. year. There is shipboard not cleared
60 900 bales bound for foreign countries Deducting
this from the American stocks and there are only
$4,000 bales or $500 bales less than were exported
from this country after this date lest year Deduct
ing this cotton on shipboard at the ports and not
cleared, and the port stocks in America will be
brought down in round numbers 10 10000 bales.
the available stocks in America took place In spite
OF the fact that Northern sp!nners almost retired
from the field buyers OF raw cotton, their weekly
takngs shrinking to the insignificant total Of LOS
bales. In sharp contrast to the purchases or the
Northern mills, the Southern mills took 1873 bales
This would to confirm the recent statements
that 1t is not general trade conditions that bother
the Northern mills much as the fact that they
cannot stand the rivalry OF the Southern mills. NO
complaints come up from the South about general
trade conditions. Everything in the cotton manu-
featuring line goes on booming down there. North-
ern mills will have this same competition. multiplied
by scores Of new mills to face next year. What
will they do about It? Notwithstanding their cessa-
ton Of buying for the past week in the market and
the big stocks of print cloths on hand there are
no signs of Northern spindes stopping. and 1t IL
likely they will do something else than quit the
business. A dispatch from Grosverordale. X. l..
says the cotton mills there Intended building this
year annexes to the mills TO cost $4,000 which
would give employment to go extra hands This
dispatch also came from New England:
Lawrence Mass April 1S-The Washington mills.
which shut down last Saturday, will resume opera
lions on haf-time mex TUESDAY The Methuem
cotton MILL which has also been shut down. VIII
up Tuesday and run forty hours week.
1t is hardly probable that New-England spnners
will stay OF the Tarkes many more weeks as
they did for the days ending last Friday
The Chronicle gave the amount of cotton com
ing in sight for the week as E.ll2 against move
this crop in sight is now 6,52,6oi bales,
The speculative markets continued dull TO stag
nation yesterday with the price about stationary.
Weather reports were more favorable. but there IS
tracts early months. in the rernaeular OF the
They woudn 80 thing b to pnn closed oa
point lower than Friday, after being a point higher
Liverpool was likewise stationary with spot sales