New-York tribune., 1896-01-07


FORECAST OF THE FUTURE SHORTAGE
! CONSUMPTION AND SUPPLY.
r,bs cotton market was in a haltng and urcer-
| tain mood Yesterday. Openng taree to four points
higher f. closed quiet az three points net loss Ma'ch
options sold between SS ana NVl' c!os'"s d. 'V-
The extreme du.ness Was reelected in total safes Vi
100 ON, fa.os Liverpool was Off 2-6id for FUTURES
and spot sales were 1900 bales The early strength
was on extremely small port receipts ana rise
IN stocks which seemed to show disposition on l,e
part Of Wall Stree: TO take a favorable view OF the
bond issue The current set In adversely ho"e'e''
In the afternoon Stocks showed great weakness
! Dfsoatcha, from Washington said the Senate RI
| nance Committee had reported SILVER phi iis'e"'
Of the House bond b.ll. Consols we're lover ,lere
was taik If renewed god exports ana distu' oIhs
advices from Souin Africa unsettled confidence Inc
| resil, was the loss of ali the Improvement, ana
more besides Port receipts were only -3S against
- 2, last year and 2Soj IN Eyi The interior 'o"lis
reported Eight receipts Augusta got 3D. against 20
last year Memphis. LII. against l'Sb' 81 LOUIS
100 against 453. Cincinnati l,'lS against i9J- Hous
| ton 3039 against il55, Houston expects to-mo'-
ROW 5000 to l.Gp against l0,s>s la-t year
! New-Or,eans expects tomorrow $500 70 35"'
against ll.9y last year. Total port Iece1p's
thus Ear this 5l'ss bales, asains' o'' last
year Exporters bought ni bales in the loca. mar
ket and spluners $50 al unchanged prices. Inc
drv goo..s trade Exporters reported making IN,
/ tllf.e~ tlis Tor irelSnts, WHICH II
here fariy In tne season Il IS taKe' 10 .i'e. =.
thar southern stocks either held at too sun
pr'e St g, ,rps n, . reeewns r. former bull
place far above a parity with the local marHet
shows loss Of co bAle IN rSGnd nsrys Car rote he
patrd with same month IN ~ 2stv" t"e yeAr In ns
lore ant 5000 .aggeg than three years ago, wne"
fh.. cr'n Ma q 10000 The total movement 10 jan
NV s,nE. Scrtcrnb,r l. inclusive is 2.oi2.SS un-
"eot,ga Of tr, crop marketed the hri four months
, h4N tl-an /,
lr ~ a. NJ, ~ thc .n' ils month shoHld rep
,eser. ,l average Of me percentages O. the three
previous y,srs the crop would Indicate '""""
%cw-Oricins. Jan. G-Aeents OF Red River Trans,
portaion compAny od * yor bctes %TS o Campe aG and
Shreveport awaiting their boats, practically nothing
south of Comp,e Their .drse boats are now I nf,lg
DAY another boat wltn 300 dus Wednes AZ
Weather permitting ;his cotton VI! he ina~~e,e @
stock AZ Munro. small stock at Mn!en. Nasninz-
plantation. throughout Louisiana. No'n'ns IL Alex
amira and Iarl' Sara compre.-'s.
,i,r i,'u ul,nt i.-e cotton than ever. WE. devote
~ f. eneri'. 20 corn. garden truck ana hogs Raw
ages OF staip-hootes last yeai " many
Hcmpsfead. I. y. Jan. >. Think it certain farmers
will raise everything needed al home ana Wa cur
tail cotton mae. as poss!ni'
Ncw-O,ieans. Jan. I'll. NJ Neil has ISSUED the
following circular:
N5a that the political aspect begins % look more
peaceful. cotton OIL its merits again attiaI a.
,~nt,n IT may nieIes, our friends 10 s cacnla;e
the probable quantity required ,or American con
SUMPTION ana consequently how much can be
spared FOG Europe out OF ms years rrop' H.,
Firmly 1el,vt.ug a. DO IA crop -. .Ss,.,ms ss
s-sc- shall base my calculations on nat nsure;;
South rn mills. C4nadd aAd Mexico last ysAt Was was
.Nro~ bales. oi J'o" baes per Ne,N' lrSy pse ~
du.ins '.' year loo"" and they cons cons -i%",1
orc sd that t.ry began tnis year w4th Stock OF
irs'r thsn la., Year by Il, Least 80, per week
tha, " may safely estinat, iher con~1mptio" az
u d a
year. = no cOiapS' axes place. Ia.
But h. they are Wiling 20 20 ini0 neN year qni,e
ntr. nt stock tnrN AN cOusum" 3l91iup bales ana
} .'N .r,i IN America continues fairly good. tie
mills continue runnins. : the very least dlahtl'y
rn, stock ief over from last crop az United
bale ard J.. the crop is 6-'res there are t.>grt
hll,- 10 lispo~e of ~ American spnners take 2ov
hal.s and if ihc Tinted S'ates ports ara !nleli9r s
towns carry over onN ol"% oaies aSans' o,,, y
last year. there would remain ioi ENIone @ our ?l
this ,.rnn .tnWw bales. against actual last Year -
American which last year reached ll'p baies per
vock or 100000 for the year as Increased supplies
from other countries may he sHP'rtod rom & %@''.
estimate this YEAR European consumption or
American 20 5000 bales per week, or 'lplvp for
Ianiiarv : to Octoher This is vcry much below
op, the mos, rous,r, ativc estimates which cur
r.rt facis Will Justify. nor do eV" ms es,'a,s h
,ofon TO supply It VII not b" available as Is APP
par.nt from tho following statement "hous"""s
omittedD: ,s.,o.
io,n' g - .gn 3.oo ac,us. last ye,r...... esS |
A,'u1. @AI''' " -. actual 'ae; co:
''',.,'' lG7G actual LAST vear..... .3odi |
Eu, pr" ,,,,sr, '" oss actual last year. 1853
%, Geek, ~" .'s.,is against last yeurq 80 |
%, weeks - p.r . , . .a.s !