New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-01
COTTON'S STEADY RraR
A FURTHER RISE IN QUOTATION

BIG BULLS HAVE THE MARKET IN rm,r
GRAsP-sTocKs AT THIS PORT ,esu
BAL"s LESS THAN LAST YEAR.
Cotton climbed up to points higher IN th.
ket yesterday. August sold up to- 1872 from ~ -.
closed at 1871 May closed at 7.s2 after seIp ~. -"s
1876 1t was a strong but narrow market un,u 4. -
afternoon, when the appearance of Mr. Inms, ~
the floor was followed by rise OF points n, ~ ~
man is silent man and he appeared to TAI. -, ~
especial interest In the market yesterdsv W
shorts have had that funny feeling" whom :. w
around lately.
Bearish news and bullish news and news IA 49,
everybody was circulated but did not afYect v.,.
A lot OF kilograms from the Southwest ann. !.
which are given below. told OF the early apus.,."
in Texas Of the Mexican weevil, the new pest vh,s
crossed the Rio Grande and did some dam.s.~
this side last year. The Government is inyes,,s..'
this insect which is admitted 10 be very des,rr,sS
to cotton with a view TO checking its spread n ~
cotton belt
Reports OF showers and OF continued dry vs.,.-
came up from the Atlantic region and the speru,.,
could pay his money and take his choice ,A,.
one to believe None OF these things counted as,l,-
the dominating influence Of manipulation. Jus, 49,
far the big bulls propose TO put Up prices Is the o
ton. II Is admitted all sides that It Is their ~.
ket.
81 have never seen anything Ike the preseu, A.
dillon in the cotton trade" said a veteran o,s,,,
Yesterday Thousands and thousands OF III .
cotton for delivery during the summer NOM. 49,
being sold here every day at three-eighths Of 49,.
a pound under the price at which It Is pouA
to bring 1t here from any place on earth Looh !,
the situation In this market. There are now hen
ia GOO bales OF cotton. or about 10000 less TIA,
last year. OF that 1900 bales is through cotton
which deducted. leaves 10000 bales Fifteen thou.
sand bales OF this Il TO be shipped out In Nav
leaving ll5cOO bales Sp.nners will want 10 bale,
day or 1000 bales. before new cotton eomes
bringing the amount down to 600 bales from
which deduct $1,000 bales for export and the stocs
here will fall to 300 bales. AMI most Of that hxh.
class cotton 1t is still four months to cotton
The New-Engand mills may shut up Il they choose
Europe will take the cotton.
New-Orleans April D.-Slaydon, in San Arizona
Tex, reports weeviis attacking cotton in Kans
County: some fields are already abandoned A
Houston special to Times Democrat reports !fx
Kennedy. Runge County. in Southwest Texas d.
Mexican weevil playing havoc In some insatss
whole fields have been abandoned; weevils !sr.
is felt lest the pests spread everywhere as ftxa
the cotton comes up 1t must be Dee as ,ahsI line
period can approach two years 20; no VEGA
then.
cucro. Tex, April 30.-Scattering cases Of Nt
can yeevil around here; no damage OF consequHa
vet but serious injury expected IN the future
Galveston April 30-A Houston Post ccm
spondent says that serious view is taken Of IL
Mexican weevil along the Arkansas Pass Railroad.
on account OF the earl.ness OF It's arrival The vg
is known to be alternating in Burleson. Milan
Caldwell and other counties OF Central Texas-eea
around Waco and Dallas. Almost certain when
further advanced to be heard from. Paris green
doesn't affect IL.
San Antonio Tex. April 3o-Accounts of Mexican
weevil fully confirmed and not exaggerated
The chief feature of encouragement In the Lvee-
pool advces this morning was the improved o.
mand for spot cotton. spinners to-day taxing Mw
bales Our private letters state that the demanl
has recently been curtailed by reports from fn
SIDE indicating a large increase in the new eIop
acreage As soon as Lancashire spnners are abe
TO get some definite information on this pont
however they will in all probability increase tnes
takings inasmuch as the planting appears TO have
been exaggerated In the adv.ces cabled from tns
sd The figures OF the Bombay receipts FOR ne
last week show loss as compared with last yeG
for the first time In some weeks. namely, Hm
against 200 last year and shipments TO Euror
1900 against 5000 last year.-tPrice McCormx