New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-18
COTTON BEARS HAVE 4 CARNIVAL.
FIFTY POINTS CLIPPED OFF THE PRICE IN
TEN DAYS-RECEIPTS AND EXPORTS.


TEN DAY5-RECEIPTs AND EXPORTS.
The cotton bears held high carnival on the floor
Of the Ncw-York Cotton Exchange yesterday
Within ten days. by an organized RAD they nave
bes, down the price nifty points. or - % oale'
,..,.rdoy having slain the fatted calf, they pro-
,.d.d ~ gorge themselves. Houses. when nave
n.eu foremost IN the bear campassn' seeing the''
efforts 10 re: cheap cotton crowned Win SUI
cess bought the staple In tens OF thousands "a
mythical blles. convinced. doubtless, that the III
r. n. value Of the product Will litt 1t back TO its
,,r,,e- and normal level from the unnatural de-
ARE. sion 10 which bear tactics have forced H.
sondhe!m Bros. Price. Mccormick 4 Co., ana o'her
rreen, bear houses were heavy buyers Inc pi'Se
fell ten 10 eleven points at the opening rd1lsN Il
h,lf dozen points then rcceded until IL was hitee"
po.nts IN Ter saturday. but closed Win net 'oS'
Of ten points. March At ~ May at "'- ana oc,o-
Der at 73i. Liverpool. the great Market Oh '"e
British consumed believing mat cotton mas pee"
100 cheap has been heretofore consistently ouAls"'
ard has practically prevented a decline III me priv
- ,h. s.aol. The Englishmea apparently became
tirad OF ,ils UP the American markets al ast. LOT
,,,..r.lnv the cables reported a sharp bIedH lhero
canal =, fifteen American points in futures lower
.r,, mutations. AMI sales OF only 5000 bales Re-
c.in,s ~ ports and interior towns in America s"o'-
i,, AZ usual in Mardi Gras week. ana conipdrns
heavily with last year accrntuated the Weakness
here resulting from L.yerpools break. Inc ldc'
that receipts last year were cut uO"n " SUNNI ''
t.,,ra Tho ftct was overlooked also that ""He
,n cal,ts at the ports yesterday were Nv" piieS
ar double last years the exports to Europe III
clulius A s,eame. from Port Royal were -"'"V
bales or 1000 more than the rece'p's.
There was good buying Of cotton Tor wall stree,
,..o,n, on the break 10y Henry Clews Co.. ana
other we-known houses. -
This sharp drive at cotton is alleged by 'he oe"'S
., D., based on the receipts. showing tnat the crop
e. -r',t deal larger than War eNpecici, anu ga
r,,,T,flnus t,r another huge crop. II ma pVon
NAN hy Mr. Ellison thdt A crop o- .,"V'y' "a -,
-, n INV. visible supply IN thr Weild tctu.Vtu ~
sn1.p hllrs by september next afs"sS' us,if,in,
~ 0tso last year certainly depletion JUS - ms
f-i, ,ic. Tnlt the crop viii reich $1,000 p',''
b,W,y-r is not by any means ..sauI.u - ON ,,,''b
,,,,,,.-,,,tt What l. the Dix movement on "s.'n
~, IT,, i,rs nav. knocked down the price hity points
49, ton Itys9 Tn. assertion mat the crop illSn nv
.f,t,.r Ueniv ". NeiN. Il Ne"-or.Sahs' iia''.iS :,
,.af"i, il lculed by the beans Inc ohH cnoP
w. a.. ,.,rs thar approXlmltcd TINS esuna', "d'
H., - i>N,-'N when the yl-li Was o''o'"' ~
49,. D.. NJ ,r,t ls,. the receipts 81 thdt crop nau
T. ~ ~. ,,1 "'rhc Chronicle shows that up 10
is Dr. v night February H. there NAG 'oiiIe nv
In, Of th.s crop $1,000. There sun RENAME, -,
T,rch I nr I'm two ", ks. l3-W" oal'S, p7iole ".
''l,,r, mi. year will bc a. large as III that
,'.,r "a Narch l. The movement w!h proDaoY ne
?,', ~, ~ .rch | next T. exceed the lSsO- % year
,, NOR, than 90 600 bales. As 10 the al
-, ,,n .vn...t.I big acreage. IL need only De sau
-, ,he average date to begin planting cotton Is
April /. .,.... 50, ,,r this week have been
f. ." ,yhiie the exports to Europe nave been i4'oV