The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-01-05

IMPORTANT COT ON FAC / S.

The January circular of Latham, Alex
ander & Co. is full Of interesting infor-
NATION to all who are interested in cot
ton.
1--WE have to submit for your Informal
lion the following comparative position
of cotton and prices on January 1st for
the past four years:
.'Total visible supply in United States,
Europe and at sea-1S9S-4, 2S3 ,065;
1897, "a, 1888; 1866, 093,117; 1896
4,S45,060.
"Cotton in sight to date-1S9S- ,260,-
033; 1915, 39S, 1872; 1896, 944, 900;
1856, 1914, 673.
s'Total exports-1S9S- ,76S, 1880; 1897
-, 425 ,039; 1862, 153,035; 1896 B.
497, 654.
''Stock in United States ports-1S9S-
1,273, 49,; 1897. 294 1856; 1861, 49,
Gil; 1886, 29S, 0S9.
'.Stock in Liverpool (al kinds)7-1S9S-
$4,000. S97-999,000; 1896 ,030, 900;
1856, 1S7, 900.
''Afoat for Europe (American) -1S9S
sol 900; 1897 641, 600; 1896 5O7, 600;
1S95-796,000.
.'NIiddling uplands in New York
1888 ; 15-16c,; 1877 3-16c.; 1896
s3sc.; 1S95-5a4c
''Aiiddling uplands in Liverpool--1S9S
-3114d.: 1S97-4d.; 1896 17-32d.; 1895
-3 Lied
From this statement, the total visi-
Bile supply of cotton in the world is 3S,-
800 bales more than last year, 1S9,948
bales less than in 1896, and 561.995
bales less than in 1895.
'"The exports this year are $40, S91 bales
more than last year, 1,615,S95 bales
more than in 1896, and 271.2I6 bales
more than in 1895.
1.-THE stock in United States ports is
20,S74 bales less than last year, 1881
bales more than in 1896, and 24,607
bales less than in 1895.
'The following was the price of cot
ton for future delivery in New York,
basis middling, on January 1st of each
year:
january delivery-1s9s . IS; 1897
6.92; 1896 SOB; 1S95-5.55.
February delivery-1S9S- $50; 1897
sos; 1S96-S.13; 1S95-5.5S.
March delivery-1S9S- 5.S4; 1897
7.05; 1S96-S.21; 1S95-5.62.
April delivery-1S9S- 3. SO; 1897. 10;
1896 S.26; 1S95-5.67.
May delivery-1S9S-5 1897-7.20:
1896-S.31; 1S95-5.72.
June delivery-1S9S- 5.9S; 1S97--7.25
1896 S.36; 1S95-5.77.
July delivery-1S9S- 6O2; 1897-7.29;
1s96-S.41; 1S95-5.81.
august delivery-1S9S-60 1897
7.31; 1S96-S.42; -S95-5.S6.
"The price of March contracts is now
1.21 cents cheaper than last year, 2.37
cents cheaper than in 1896, and 0.22
cents dearer than in 1895.
1.-The total amount of cotton that has
come into sight from September LIST to
January list -four months) for the cot
ton years mentioned below is as fol-
lows:
1885, 2e0. 033; 1875, 1893, 1872; 1896
-4.944, 900; 1866, 1894, 673.
s.The amount, therefore, that has
come into sight this year to January LIST
is S61, S41 bales more than last year,
2.3l5.S13 bales more than in 1896; and
265, 800 bales more than in 1895.
while there still exists a degree of
uncertainty as to the total crop, such a
large percentage has already been mar
keted up to this date the result can fair
ly be Appropriated, for it is not reason
able to suppose that the movement from
now until the end of the cotton year
will be out of proportion with that that
has already taken place, nor with that
of previous cotton crops from January
1st to the end of the season.
The receipts to January LIST are S61,-
S41 bales greater than those of last year,
when the crop proved to be S,757 1864,
and with corresponding gain until the
end of the season on 2,359,772 bales,
which We're the receipts from January
list to September LIST, the total crop
would approximate 9,936O14 bales.
"'Uhe receipts to January LIST are &c.,
800 bales larger than 1895, when the
large crop of 1901, Psi was made, and
with a corresponding gain until the end
OF the season on 2,906,57S bales, which
were the receipts from January LIST to
September 1st. the total crop would APP
proximate 1927, 061 bales.
AS there has been an increase an re-
eeipts of only 265, $50 bales in the mar
keting of 7,260,033 bales to January
list. over the large crop Of 1S94-9o, It
cannot be expected that like increase
of 265.360 bales will be realized in the
marketing of 2,906,57S bales, which
we're the receipts after January lst that
year. Even should this prove to be the
case, the total crop then would not
reach anything like the extrayagant es-
Inmates that have been made"
we have a whole white squadron for
Cuba but not steam-launch for Hayti.