New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-02
Week ending.

The average of the above weekly loss, as stated
heretofore in The Tribune. is $1,000 bales week TOT
thirty weeks or 10 September !. The visible supply
does not reach it's minimum until the middle OF Sep
TENDER. Adding 100000 bales loss for the first two
weeks in September and the loss TO this present
visible supply on the basis Of last years consump-
tion before 1t reaches its ebb. will be 2oSOV Dales
which will mean visible supply of cotton Of all
kinds in the world on September Is no greater than
100000 bales, provided much cotton comes into
sight from now came last year The bears
say that the visible supply next September VIII be
liUO 900 bales How they TO get 1t? ask the DuIs
unless consumption from now on Is less than last
year much cotton comes into sight between
now and September as came INTO sight iast !ea veal
The bears would sell short heavily If they thought
hs saes to ss ac sa m Sight as
in last year. which must be the case 10 enable
J. this crop will be nearer soO0 900 than 65O which
NELL still sticks 10. The bulls assert cohldehuy
of being as large last year. Will be lOOOcW bales
under It. and this includes cotton from all sources
reason for believing that mill consumption will be
heavier this year than last than that the amount 10
come in sight this crop from now on Will exceed
The amount that came in sight last week was
interior towns yesterday reflected decreases as small
a as inst ss last Year and expects on Monday 5000
against 41A last year memphis got No.. agai n.
as ssI 81 0 and Augasia s aga 3D. Port
cepts were 1900. against 1900 last year Exports
unchanged and fairly active. !,
The local contract market was Still In the doi-
drums Prices closed 10 points down. after
selling 2 points Friday. Liverpool was up l
English point and spot saies were 5000 bales. The
average state OF mind Of the local trader ex-
pressed as follows by one OF them yesterday:
Fall River reports sales nearly equal TO the
weeks consumption. 80
Causes of stagnation First operators will not
buy this crop account OF the large premium on
next CROP second. they will not sell THIS crop on ac-
count of the strong statistical position. third they
will nor sell the crop account Of the large
discount on the present crop; fourth: they will not
buy the crop because of fear OF big planting:
II was suggested that possibly the small loss in
the visible Liverpool was due TO an cd device 10
buy the cotton and leave il in the warehouses. so
that IL could continue 10 count IN the visible and
affect prices. The daily sales and the amount for
warded from ship side at Liverpool justified this
suspicion. say the bulls.
with Mr. Richardson. the largest planter In the
Yazoo Delta, to-day. he stated that in his opinion
there but little IL increase In acreage in
his ghborhood that the labor cannot be obtained
that last he raised l6CD hogs. and expects TO
raise 600 10 1000 the coming year. Regarding
mules he states that IL was necessary in many
cases for planters TO buy mules. as their stock
Waco, Feb. 1-Presdent Peters. OF the Texas
Cotton Growers Association has called general
meeting at Waco the 18th inst. In the interest Of
acreage reduction.
New Orleans. Feb. Last year in the latter
part of May. when all danger OF a Mississippi over
flow had passed and the heels OF nearly 1900
Osl ba es crop October sold here at 703 and planting
not then competed. Yesterday October sold here at
7S3 on the hees OF crop Of about 6.oocon and no
body knowing anything about character OF planting
anything else about the next crop except Whht IS
derived from interested circulars