New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-20
THE ADVANCE IN COTTON HALTS.
RAPID FLUCTUATIONS IN THE sPEcuLA-
T1ON-THE NEWS YESTERDAY.


Cotton fuctuated violently yesterday on the local
Exchange August the most interesting month";
touching 78 the highest yet reached on this ao-
vance after selling down TO 772 In the early trad
ing then IN the final hour falling to ia, net oss
Of 6 points. May sod down to ITO, up 10 "@ anu
closing at IN The volume Of trading was again
heavy The bear operators sold in concerted enor'
IN the last hour in order. It was believed TO aHect
Liverpool They started the report early IN the
day that Mr. Inman was liquidating but the eVi-
dence to the contrary was sufficient 10 hit the ISL
Is points.
II Mr. Inman's campaign is based as he says II 49,
on the demand for cotton and the smallness OF the
suppy there was nothing in yesterdays oe'eiop-
ments TO cause a change or operations Inc ie
cepts at the ports up 10 last night for the week ha
been S5s3 bales while the exporters had shipped
out for the week 1851. The port STOCKS are no"
666 oOO against 947 600 last year
At all the spot markets the sales OF actual cotton
to the trade kept up In normal volume ihVerpooi
sold 10000 baes New-Orleans sold S'o" pa'es'
Memphis 100 Galveston 1891 Mobile 400. ST. Louis
S25. Augusta go Norfolk 2S5 and the local market
269 bales. o
The port receipts this week will probably be 5000
bales against $4,000 last year. Yesterday they were
n 600 against ls last year Interior towns report
ing yesterday showed that Houston got go paies'
against S0s9 last year; Augusta 6ss. against o4o'
Memphis 36s against Sl2 st. Louis 81. against H.
and Cincinnati 349, against Lbs. houston eAPectS
to-day 1900 to 1900 against 3,O2s last year
The advance this week has created better reel
ing at Fall River and, owing to the more spirited
demand there It Is said that 1900 pieces OF PRINT
cloths were disposed OF on Wednesday sale OF
10000 pieces at 5ia cents was reported there
The Bombay receipts for the week were boV"
bales against $1,000 last year. but the shipments 10
Europe were only 200 bales, against lsVo ast
year II still looks II this American crop is me
one that will have to keep European mills going
until October. 49,, -, 4.
In confirmation Of the great injury being done 70
the commerce of this port while bear operators may
exercise an advantage OF % points oyer the specu-
latiye pubic who buy cotton on the New-iork Cot
ton Exchange The New-York Sun said yester-
day: :. I. ,,a n,or,d shin a
rood deal OF the New-York stock now II the amer
eLces in favor OF the high grades were narrowed
Heretofore these unjust differences nave oeeh
shown up only In The Tribune a, CO.. =.
The Agricultural Department OF the STATE OF
Georgia reports sales OF fertilizers TO the 18TH inst
OF $4,000 tons. against 10000 for the same time
last wear and go 600 for the whole season
OpelIka IA March l9.-Acreage question sun un-
certain This section will probably plant fuIly as
much corn as last year. and increase cotton acre
~ 10 Is per cent as compared with 1889; or 10
per cent less than in 1894. Fertilizer shipments al
sixteen towns show increase OF % per cent COM
pared with last year. and 6i2 per cent decrease COM
pared with 1894