New-York tribune., 1896-01-03
1DVINCE ~ COTTON CHECKED.
REALIZING SALES DErRESS THE PRICE
SPOT MARKETS ACTIVE AND HIGHER
LIGHT WEIGHT BALES

The bears ca the noor Of the New-York Cotton
Exchange seem determined 10 look Fate in the
face ana fight the advance In cotton Notwith-
standing Liverpool closed a. net gain OF 3-6+d. 10
i-Gid last nigh; and Manchester spinners bought
12G0 bales al l-l6 advance. the Germans took ad-
vantage of some heavy realizing sales on the New
York Exchange yesterday to beat the price down
from s. % for March, points over the final sales
OF Tuesday. to Sl. The close was at SIS. selling
at 10 the curb. Nevertheless. the market closed
steady with buoyant feeling still IN the air. This
rise is believed to be based on the long-expected
demand for the actual stuff materiallzing. Though
this market showed decline Of lie for spots the
Southern spot markets were all l-l5 To Is higher,
and sales were good New Orleans sod $3.50 bales.
Memphis 400 Augusta ~. Mobile 800 Savannah
As and Galveston So Exports from the ports were
1850 baics. and receipts at the ports only b'o"
ba.es. against 39lW last year and 2i,2E in 1894
This falling off is regarded hopefully as an indica-
ton that the January drop has begun
Interior receipts for the day We're light. Memphis
got 42o against i57 last year, Augusta %. against
29 last year; - Louis ~. against g2; Cincinnati
~ against l.2iO and Houston 230, against 'bSs
Houston expects to-day 3,e" 10 4", against 4oS'
New-Orcaus estimates for to-day are 5000 to
llo0o bales. against ISIS last week. l2i'S last year
The scmi-we,kly Interior report showed Re.
ccpts oiol bales. against 6lc2o last year ana 9sH
last year ard r. e,d in tho year before stocks +"-
40 against isss27 ast year and 3S5c2 in the year
Hombay receipts FOR the week were G2ooo bales
shipments lo.ooo bales TO the Continent against
In view Of tho statement made 10y The Manu-
facturcrs Record" OF Baltimore, that 4vw"V az az
G.tional spndlcs viii be really for use before the
next crop is gathered the size OF the coming crop
and next years requirements are ar'any e>rr',hs ,
talk Of a probable monster crop next season a
telegram from New-Or.eans SAYS ihai a stAni,hg
wager Of s2eo is offered there that IN. cotton
states outs L. OF Texas viii under 10 circumstances
II Ike GiooC'o next year.
Savannah. Ga. Jan -Domanl good. but no cot
ton Offering holders refusing 10 sell
New-Orloaus Jan. 9-Reportcd Jackson. Mss
holds 600 bales Jess stock than last year since
official report Tuesday sales here ~ spots IN
Guiding today. nearly 1900 bales. mostly To con
Secretary Hestcr's New- Orleans Cotton Exchange
statement is a. follows. crop movement for iour
$40 800 bales against 5.2s1io5 last year. ilN'ye
before last. and S.y'hr'' ioi i-' '-'..' -.
sg$ s oYg" asi Year, 70 30 se Year before last ana '7'
for the same time In ~" lnicii"r si3sHS % , u, ,1 H
ss5 os2 year before last, and 3i9,25s for same time
in 1888 southern mil 'akngs eScgsiye o. con,
3Gs Is las, year lls year before last and Se''
for same i%g a N n M s7s r. f ias, ycaf s
6g9 wear before la-i. and i.s,'.i,, for Same time
in 1tel, brough, into sight for month of Deem,
wear before last and 1855 for sam" I'm" ~ l's'
crop brought into sight for four days from
against 2oiS56 last year li"''l year before ''S'
ActnaI average weight of soi5,o bales 81 the
cotton crop enbracinF port regsiris sma "a
against 1889 pounds per bale. AS .as, year Net
decreasc as compared with close of Noyomner
this (coion) year 'ol lbs per n',r anl rD"p''es
" The fallns N IA the avciag" "rs3t has
hcen materially Increased through revision oi
The Gaiycs,on h.,urc4 by Secretary Young. Of the
Galveston Cotton ENrhang" i'p TO me ';ese .i
November texas showed falling IN - '3' os
per bal. from last year. Will" owl"g - Secr"thif