New-York tribune., 1896-01-04

SMALL RECEiTi" o. ''''
EIGN SPECULATIVE DISTURBANCES
DEPRESS THE MARKETS.

Cotton is again being tossed about in the rapiuS
Of speculation. moved up and down by ih""e''
more sympathetic than legitimate After rise u
four points at the opening of the local market yes
erdav the price declined 10 points from the hlseS
closing at ne; loss of points March cotton c'oSeu
at 10 after selling between S2i and SOB lne carry
strength was OF a favorable showing at LlNerPoo''
the subsequent break on n decline al the cicse
abroad. British conso's were on sd Matters III
South Africa looked blacker and more threateh'hs'
London speculative markets were very much eAc''o".
There selling here on soodsized scals' a''sei
10 be for New Orleans. The German bear Ieader'
William Mohr. sold early but covered ms snort s"ie
the close. Early reports from Dalias \ichsp"s Z.
Shreveport and Memphis led TO the expectation Oh
heavy interior receipts.
All these things helped to depress the price but
when the entire ,h.rtyone interior towns were hearu
from it that the total receipts for the week
only 59O37 bales. against 1898 last week ana
100 167 last year. This much smaller than had
been expected Stocks at these interior towns were
SCI COL bales against 90 3A last week and 5459 last
year. a falling off of 230C0 bales from last year
These figures legitimate and proper influences
and permanent in their character. With constantly
diminishing receipts and stocks and the apparently
permanent daily sales OF 1900 bales 10 Manchester
spinners. II is the belief Of the hesinformed people
on the New-York Cotton Exchange that when the
perod of war scares and other hobpoblin influences
cotton will assert its strength in wonder
ful manner. A marked change has come in the
sentiment OF the traders within week. Pronounced
bears have become bulls on the supply and demand
showing alone. The port receipts for the week are
IL s9 bales against 22O %, last week and 2iG5o last
year New-Orleans expects 5000 10 1900 bales to-day
against 6,366 last year. This New Orleans showing
always weakens the market. although the total
showing the end of the week always shows that
the cotton carried to NewOrleans IS at the expense
OF the other ports .
Exports yesterday were about 5000 bales. South
ern spot markets uneven. and business re-
stricted az is always the case on decline holders
generally refusing To follow the speculative quota
lions down. New-Orleans sold 2400 bales; Memphis.
Veston 90: savannah 6,6. and Norfolk. l65. Augusta
and Savannah were Lie lower st. Louis up lilo ana
Charleston Is higher This market was "a, unchansed
The members of the New York Cotton Exchange
prepared yesterday fraterna greeting, 10 be read
a pleasing surprise ae the annual banquet OF the
Liverpool Cotton Association. Jus; as they were
about cable II, II was discovered that the Liver
pool banquet will be held tonight. instead of last
night The message was withdrawn and put on Ice
for transm. SSiOn Tonight
Secretary Hesters weekly figures. given below.
show that the movement of cotton in sight for the
week 9S 900 bales less than last year. when the
crop turned out 9,eoocoO bales. 5000 less than in
more than in 1928, when the yield was 67C,c~
bales Mr. Hesters comparisons are as follows
m bales aG against ast year
go year before last and S.62Ol2 for same time IN
1893 overland mills and Canada. b5l24S bales
against 766 115 last year. 55 year before last ana
j65 1875 for time in 1893 interior stocks in eN-
cess of September $50 625 bales. against i2y last
wear $685. 643 y4ar before last and 31.6l5 for same
time in 1893 Southern mill takngs net 39s 29 bales
against $50 945 last S4O5l9 year before last ana
32 i6 for same time in 1888 brought INTO slght 90 our M
ing l25 days to date 5O47l bales. against l.Gs 6S
last year 800 l6 year before last and 1889 POS for
same time in 1893 brought into sight for week. IC-
ary 5 last year 249 105 year before last and l0lZ
for same time 1888 brought into sight fret three
days Of January 26M bales against an IT, iV"i ass de
year 19 024 year before last and tSoS for the same
time In 1898.