New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-01-10
COTTON RISES AND FALLS.
THE WAR BOGY ON HAND AGAIN.
MARKED FALLING OFF IN RECEIPTS AT THE
PORTS AND INTERIOR TOwNs-NErLLs FIG

MARKED FALLING oFF IN RECEIPTS AT THE
PORTS AND INTERIOR TOwNs-NErLLs FIG
rREs STILL STAND UNCHALLENGED.
The bogy OF the speculative exchanges the IA
milar European war scare" passed over the cot
ton market again yesterday. and turned lair
prospect for higher prices into decline Of SIX
points March cotton closed at 1855 The legitimate
.rnuences Il stronger or more
pronounced than yesterday The stock market
was buoyart and strong The receipts at the ports,
carly estimated at 1900 bales. turned out to be
1912 against 274is last year and 1858 in 1894 The
port receipts for six days OF this week have been
lI3214 against a.. CH last week and 10000 for the
entire week last year New-Orleans expects to-
500 10 500. against ll,Oo0 last year Eous-
ton received yesterday $780, against 1851 last year,
and expects to-day 900 1900. against 1900 last
year. or less than one-ifth
This significant slump In the receipts was not en-
tirey without effect the market, despite the
war scare as was seen when the German bear
leader. william Mohr. undertook to pound the
market. and It failed to show the decided weakness
usual when the German element tried to raid the
market.
The news from Liverpool was OF the best descr.p
ton the opening. That market asa.n struck
the level % 1900 bales Of spot cotton at l-32i adj
vance Futures there advanced $-Gi'ti-sfd. but
subsequently eased off and lost part Of the I'M
rrovement. presumably on the mo;h-eaten war
scare. tOufOlS opened 9DiOdb az ~ aNFdI'N p"t
declined and closed at last nights prices. The bear
reports were that consols had dropped IS.
southern spot markets were steady and un-
changed except Noble. which declined LID. The
local market declined l-l6 and spinners bought GJi
bales. New-Orleans sold 1890 bales. Memphis Loo.
Galveston zoe. Mobile 2O) and Savannah SO EX-
ports Appropriated l2.oo bales. Bombay rece pts
we're 5l,Vo bales for the week. against 1890 last
year.
The statistical position OF cotton f. expected to
bc reflected IN an exceedingly strong light 10y THE
Chlonicle's' weekly compilation on saturday If the
receipts at Houston to-day and the seni-weeky
figures OF secretary Hester "Wednesday are to
be taken as Il guide ON the New-York Cotton Ex-
change yesterday the brokers Were estimating the
Inferior receipt, this week at 1000 bales. against
sl'10 Last week and 5000 last year. No news WA
received Yesterday from any quarter OF the stopplse
OF a sing spindle anywhere in the world The IN
crease! iakmgs for Manchester certainly Indicated
Increased activity in that great mill centre That
iris consumption can keep up much longer on the
small receipts without making such hole I'm the
worlds supply Of cotton TO confirm Mr.. Nei.ls
prediction of an absolute exhaustion OF stocks in Oc-
,obcr no one protcuds TO dispute. THIS experts fig
ures SIN stand The croakers ami bears prefer TO
oyer ook this fact ami talk sagely about the great
icyro.s on that must follow rumors OF increased
acreage ana the Sales 81 mues in the South. II is
a lona tim. to next October and the yicissitudes
% which a cotton crop Is subjected i'm growing are
always against rather than In faNOr OF a b.e out
turn even II next years yield. no matter how
bis could the Size OF this crop by singe
bale which it cannot. II predicted on the
Moor = the cotton Exchange yesterday that the
amount coming ia -'ent during January and Feb
rulry woud Dee 20.r1 bales below tat figures @;
1886 the year ~ the $4,000 bales crop. when in
rounI numbers loo".v' baes came In gnt These
dispatches were received yesterday.
orleans. Jan "a Shreveport special 20
''l4iute- 10 mocraf HIfs. -. .c+tcI. largest
cottou-plantor on Pod River. raised Gfpl bales last
y.if. 1S this
.r.Sid.ut toiou-,irOwcf-' Assoc, on Of CaGdo
PaTi-l has al a. general meeting o. ilat and adj
l.nlng ptrlsh.- 20 DO" held 1t shreveport. - take
actor To appoint delegate 20 Memphis Convention.
III, SAYS. ~ src determined by unity Of action -
a, al. power - keep cotton pro iurtiOn within
reasonable lintT not . 1verpruIuge and b." AZ the
mercy ~ th" world. think your Exchange vi.
Md " mach ,aslci to talk about ten 10 twelve
millions n'Nt yeas team 10 raise j. This acreage
question VIII. from "a. appearance Doe handled SCI
'fflhcdl.N
New ORLEANS. Jan. f-N icksburG boat arrived
from Pitchers Point. lnp miles north OF Nicksburs.
with only -" hai"s This confirms captains pre-
vous statement iha' Mississippi River swept clean.
ilr said n" did not mean cotton held In NicksbUrg
and Natche;