New-York tribune., 1896-03-29
SPINNING UP THE COTTON.
ANOTHER HEAVY LOSS IN TIE WORLDS
VISIBLE STOCKS.
NINETY THOUSAND BALES GO OUT OF sl"h1
EXPORTS STILL CUTTING DOWN THE
pWINprING SUPPLIES IN
THIS COUNTRY.

THIS COUNTRY.
g. H.. os ,,o ,akinrs OF raw material by the
r1,s SINNERS 20 TO show IT, there Is nothing Neis
w.ronc about the condition Of the cotton trade III
general at present The Withdrawals Tor trade p"'
noses In the commercial week ending FRIDAY h'Fh'
reduced the visible supply OF cotton OF All xmas III
the world 5000 bales. against reduction In the cor
-osnonding week last year OF $500 bales The entire
,.is ible supply Is 3.Si~J bales The NsIp" sup
plv OF American cotton in the world according TO 'he
weekly comp.a,on Of '"rhe Chronicle. was reduced
I, oo0 bales TO 1886 90 bales. on week when the
rece,pts were swollen greatly by the cieafances
a, the various" ports they were last week. that
there should be such a shrinkagc OF the aF"i'ao''
suppl,es OF cotton In the world was regarded As Il
significant and striking proof that cotton mills
,hrourhout the world are on sound and healthy
hosis md reouirc and are taking the present scanty
suppiies OF the product In as great volume az ever
This heavy loss in the worlds visible supply was
shown In the face not only OF the staggering receipts
for the week. but OF marked falling or IN the TAX
ings OF Northern spnners. the latter being l5.'o'
bales for the week just ended. against Bob Tor the
corresponding week last year
The export movement shows where the cotton IS
going and that 1t IS wanted abroad II not here.
The exports from America for the week were. ac-
cording 10 THE Chronicle" lli.J@ bales against
12s e73 for the corresponding week last year
The present statistical position shows decrease
Of cotton IN sight Of ll955 bales compared with
this date last year. falling of Of s-2S bales from
this date years ana a decrease OF vN"lS
hales as compared with this date three years ago.
h The counted available supply OF cotton In America.
mort and interior stocks decreased $500 bales during
the week, and L. now down to HSVo bales. or -s',-
go bales less than were on hand at this time last
year and $4,000 bales less than were exported from
this country after this time last year. Deductng
the amount Of cotton shipboard at the various
American ports yet counted in the exports. but
as good exported. the port stocks In America are
brought down 10 the exceedingly small supply OF
5O5 go bales. This is In round numbers 10000 bales
less tnan last year this time and 10000 less than
at the corresponding date In 1891. This slim supply
cannot be drawn upon much longer at the present
rate Of exporting exceeding l~V0 bales week.
without reducing the available amount OF cotton In
this country the danger pont-at least to the
point where the temptation 10 manipulation would
doubtless be too great 10 be avoided.
The movement OF cotton into sight continues
heavier than the bulls among the spectators fancy,
but the week just past was probably an excep-
tionally trying However. the figures OF Sec
retary Hester which were indeed impressive. were
found to exceed '"rhe Chronicles" by fully 1000
bales. THE Chronicle" gave the amount coming
into sight 1886 bales. or 1000 bales less than
last year. There is no disposition among conserva-
tive observers OF the movement to raise the esu-
mate OF the crop above 10000 bales. According |
to THE Chronicle" the amount of the crop already
IN sight Is 6,3i2,Ss2 bales. To reach the total OF
100000 bales there must still como in sight e'a.ooo
bales There came into sight In the last five |
months OF the cotton season in the last ten years
these amounts 1900 bales. C33O0. 63OOc) 64l.co
7290O 800 90. 32l.Co 47o. 3570 0oD and 5000 bales
The only years In which $500 bales were exceeded
were years when the crop outturns were 9Dl.Oo |
and $4,000 bales.
Unfavorable Liverpool advces yesterday caused |
the local speculative market to open down 3 to 3
points but the strong interests that have |
been buying cotton all the week began picking up |
all they could get at the decline and there was n
.ln gha ar.1 of
points for the list. August after touching 757
sold up to 1865 and closed at 7.G3 bid. New-Orleans
sent lot OF buying orders. based. Il was sald on
the unreasonable weather in Texas. where the |
planting season IL now about two weeks old. ana
very little cotton is in the ground. Reports from
other parts the South told Of cold and backward
weather Crop advices received yesterday con-
taincd, among others the following telegram:
New-Orleans March 2s-MaJor NJ. writes me from
shcpperdstown. Yazoo district that prospects to
ploughing done. ground wet ana cola that under mo
very late and be subject 10 all the vcisstndes OF
late crops sees no parfrar preparations pr iIa nanr @
and travels for l.. s. a. CO.. and s most com
petent judge.
THE Chronicles" Mobile Ala. correspondent says
that cold and wet weather Is delaying planting
boris farm work not making much progress with
viii restrict acreage; Meridian. Miss. reports that
planting VIII be late, as The ground Is 700 wei c TO
nlOugh while a similar condition Is reported from
Dallas Tex. . ,, A.,
Liverpool dispatch said: THE correction o1 the e
stock of cotton here shows reduction OF H.662
bales in the total stock and reduction In the stock
of American OF 637 bales The total stock. as now |
reported is I2C 1888 bales. of which 96 G26 bales are
American"
STOLE FROM CHARLES BROADWAY ROUSS
Policeman McEntee OF the Macdougal-st station |
arraigned In Jefferson Market Court yesterday Ber-
nard Ross. hrty-nve years old. OF No. 81 Delancey-
ST on n charge OF larceny preferred by Harry lrv-
ing clerk In the pocketbook department OF Charles
Rroadxay Housss store. In broadway. near Prince