The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-02-05
THE MOVEMENT OF COTTON
And Its Consumption up to February
LIST, 1896.


The movement of cotton to market
in January has been retarded to some
extent by bad weather. There has
come into sight during the month
617,924 bales, against 9S1, 2S9 bales in
January of 1895, and 75O,991 bales in
1894. The aggregate amount of the
crop of 1856 now visible is $3.50, 567
bales against ,930,777 bales at the close
of January last year, or a loss of 2,391,-
21O bales.
The gross rail shipments have been
only 119,780 bales, which compares
with 1867 bales last year and 100, IT'S
bales in 1894. The decrease from a
year ago in the total for the season to
date therefore reaches 4S9, 1873 bales,
and contrasted with 1S93-94 the decline
is 1925 bales. The net for the
month has been but 61,628 bales, or a
falling off from 1895 of 81, AGA bales, the
total then being 96,092 bales. In 1894
the net reached 88,963 bales. The ag-
gregate for the five months records a
loss from last year Of 333, 665 bales, and
the decrease compared with two years
ago is AZ, 544 bales.
At the outports the net receipts for
the month have been less than in
either of the two preceding years,
reaching a total of only 548,118 bales,
against 938, 1917 bales in January of 1895
and $685. OPS bales in 1894. The aggre-
gate for the five months is much below
that of last year and exhibits a con-
siderable loss from 1S93-94. The ex-
ports to foreign ports have been Of
only fair volume, the outward move
ment for the month this year being
but 587,934 bales, against 1906, 106
bales in 1895 and 770,2 93 bales two
years ago. For the season to date the
total exports are 1,843,877 bales less
than in 1894-95 and exhibit falling off
of 789,976 bales from 1893-94 Port
stocks show a reduction since the first
of January of 1912 bales.
The amount of cotton marketed
since September /, in 1886 is 2,429,-
38S bales less than in 1894-95 and S17,-
641 bales below the total for 1893-04
Northern spinners had up to Janu-
airy 81 taken 1,145,5l4 bales, decrease
from the corresponding period of
1894-95 of 401 $40 bales and a gain over
the same period of 1894 of 64,384
bales.
In the foregoing we have the number
of bales which has already been mar
keted this year and the two
previous seasons. An additional fact
of interest is the total of the crop
which was in sight on February /
compared with previous years. We
reach that point by adding to the
above the stock remaining at that
date at the interior towns less stock
held by them at the beginning Of the
season. In this maner we find the re-
suit for three years on February / to
be as follows:
Total number of bales marketed,
1886, 5000, 389; 1894'95, 7,495,777;
1893-'94, 5,884,030. Interior stock in
excess of September /, 1895-'96, 473,-
IFS; 1894-'95, 435 900; 1s93'04, $4,000
Total in sight, 1886, 5,539,567;
1894-95, 7,930,777; 1s93'94, 6,218,030.
This indicates that the movement up
to February / of the present year is
2 ,3g1 .210 bales less than in 1894-'95 and
CTS, 400 bales less than in 1893-'94
The movement up to January 81
shows a decrease In the average weight
as compared with the same period Of
last year, the average this year being
502.65 lbs. per bale, against 5O8.38 lbs.
per bale for the same time in 1894-'95
and 1866 lbs. in '94.--Financiai
Chronicle.