New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-25
NEWS or THE COTTON WORAD.
A RISE STOPPED BY UNCONFlEMhD -
ABOUT FALL RIVER-HEAVY EAfoi'i'
rnNTINT-E

CONTINUE.
The old almanac-rnakers when they reache' ,'-
month of January. were accustomed 10 No. al,
prediction: About this time look ou' ''
weather" On the New-York Cotton fN0"''S
when no other device 10 lower the pm ,n,
utilized the trade Is accustomed 10 H'"' .,,,
reports from Fall River about the STAT u -. >,
there and the intention 10 so on snort l'''''' 80,
the present these reports have never pe' ~ f., tho
Yesterday when everything pointed to ''s7 ,,s,,
nuot,,icus for cotton wnen receipts were raining
of at all Interior points and the ports r,
heavy. and tho statistical repo''9 ..,-,,v
Chronicle" were showing more clearly anu S'" T.,
than ever the great shortage In ac''a' 49, IN.
the world and itr rapid rate OF disApi'"'' .ha.
bears fell back again on Fall River. r'po,'
the mills there would go on short tn'' Ola t,i
next turned an advance OF to points o''t
DAYS close into a net loss at the close yes ,''' -
points IN March. though practicai? ulV''
other months March cotton Closed al '''' t,u
759 on Friday. This news. Ike all pre''o" s.il
River vars. was practically denied. il was 49,,
that M largo mills had any such intention 'u,
that II any went on short time the movement
be confined TO a few mills and TO ie" '"
of colorcd good. ~, , r,te
The shortage in cotton is growing al such " ~
that the conditions that tend to better I.'e -
cotton than those now ruling cannot be a'lr0, -,
any great extent by bear stories about ~, r'
vha.h.r they are true or not unless f' - 49,,
closes its mills entirely for n long p,''o'' =, 30
Southern mills and the Manchester mus W." ,,,o
very glad to the spindles or ran NJ ~
Though the same reasons that wouid '""' 49,,
River TO shut down apply with equal force ~ Wv
South and 20 Europe. there does not seem o.. s.,.
mediate intention on the part OF these ehe'l .""
muln,en abroad or In the South TO go ou' u ~
ress Liverpool spot sales rose again 30
20 oo hales Southern mill taking9 up 10 u''' "
III 900 bales in excess OF what they were ~ -
ago It is safe to believe thar any curai'hs o. pa
u -
showing Of dividends this year. VIA ''
unmportant ..,o, 1,
In the mean time the worlds supply OF eo''o
slipping out OF sight. and that autumn s1IV' =,
predicted by The Manchester Guardian H. nv,
NELL, Ellison and others IL coming on "P"
visible supply cotton OF all kinds In the i' Inc
lessened 5000 bales last week. against 'oT -, IL
corresponding week last year OF s.'v' 'hIeS.
able supply OF American cotton docr,"scl w. -. -
The worlds visible supply 81 AL kinds u no" '''',,
which is zoos 90 less than last year, hlFy' -
in 1894 and $4,000 under 1923. Tn supptE OF ttrh
lean cotton has been reduced 10 33S,VD baies VIM
is lls69 less than lat ye ,sd; yben The crop vas
g. 10000 bales and the price lis cents Il po1' ''h
than now. ..,r q, ,-,.-,co are
made evident by a study Of THE Chronicles 'Ao'es
The available stocks Of cotton at AMcii'h" POI -
decreased $500 bales during the week lh'se $40
now arnount TO 800 100 bales Il eco bales Jess than
last year That they are light 10y coiiiif.-'H -.
ord in;erior stocks are only 5000 more than In l~
this time. and actually 5000 In excess o. ''' "'
ply held IN lNs@
The foreign demand for this short supply conun-
ues on n large scale. Exports for last week we're
1os 900 bales against 1900 last ENports y'-
ferday were 1900 bales. while port receipts VIZ
i 600 or i 900 bales less than on tho CORE 'h
day last year. The exports on Saturday sWt",I ~
10 81 go bales while port receipts were ohly I""'
Receipts at the interior yesterday were eNtIemry
tight compared with the same day last year Any
markell decline in these receipts Will show mp very
sharply against the amount OF cotton going away 10
T,,,rone and into American consumes hands. spot
sales AZ Southern points are fairly good. N""-'f-
leans sold $50 bales Memphis. 4'0v' ""'''7'o" Oh
Saturday sold 2.3cG bales 60.
The rise in silver IL said 20 be bcneAtng the East
Indian trade OF Manchester
The cotton bears for men engaged in the legiuma'e
business OF knocking down prices 10 bni'd UP i'.,
tunes display amazing senstivcncss. They shonl
learn lesson from the hardened bears OF tho stock
market whom criticism affects ns does IN" grn'.'
rain the toughened hide OF the Ny"hzi h'Ppopo''-