The sun. [volume] (New York [N.Y.]) 1833-1916, 1902-11-25

Cotton advanced owing 10 unexpectedly strong
cables rains In Texas and indeed throughout the
Southwest expectations of a nsh, movement f9r or,
the Government report on Dec, VIII he bullsh.
Add t. ,hi, wa, Msafnessr nIm ere ,asn
large. both speculative and hedging and that the
recent drastic liquidation eliminated the weak
1Oating long interest. crop reports, too. from
northern Texas are pnfayorsble killing frost
occurred at Weldon, \ G., and on the whole OF late
we're buying to day and shorts here and out OF
Of New Orleans was notable Circumstance also.
and no, only New orleans, but the res, Of the South.
moi, TO mention Liverpool. vas buying, Colder
section ives. Of the Mississippi and rams tor the
spot markets and large exports also strengthened
the market. Reports Of heavy rains, came
Ing and buying by the outside public. Atwood.
Violet 4 Co said The visible supply OF Amer.
bales The invisible supply, same date was Very
LARGE. because OF the amount brought over on
crops OF 1897 and is9s. nEgresains, as those crops
did 22.475OO bales. There came into sight from
bales c ,o asy 20 Sas Tir sonsnmpl i Of Amen
can cotton for the season Of lsso-laoo was io6to,
rS oS GTp s 81 r q" cotton IS
into SIGH, TO the SOth ms, OF the American crop.
Thereiorc ,hers must 1 come we sisht IT. rem ,ee,
OF l0,7500lO bales. Consumption Of American
cotton during me season o, 1902 49, tl;cc 90 20
above ngurcs. as VIII be seen, Is that while tic
visible supply from Dec, l. 1890, to Avg; 81. 1900,
brought into sisht after bee !, 1899, The Supply
from Pee. 1902 to Aug 81: 1908 WI 6e 1000
sumption a. American cotton during NE present
season viii be quite ioo.ro bales greater than !:
nov 20. i.,S was very larsc because oftbc suloint
brought over from the two previous record break
s2'iij 900 bales; whereas The worlds invslblc
OF american 10 day is very snail because The two
average otthc two previous reps OF ii 3ss 100 bales"
Hubbard Bros std "rhe Improvement abroad
pcctaton tia, there viii be light receipts his week
No frost IS reported over the cotton belt and the
OF TEXAS. where the rain has been very severe.
The feeling IN ne market Is thai we shall have
the rc,t of tho country ,hc late ia has added ma.
10 any factor c,cening The rain in northern Texas
said another house, II has developed that not
exist. but Thai exporters and southern cotton
huycrS-especslly In Texas, have also been oaugh,
whrh III iheT cannot nm now Except a, Heavy loss
The much ;l"lkcd Of lopc r'p Is ro',ng on the
tho bottom We have had recovery 81 40 nolnls
or :? per bale, and natural reaction M3uld be
short interest Is SIN large and the temper Of
holders in ne south promises to foTc
November Shlpmcn' 10 an within the NEXT week. :"
one Liverpool despatch sisted: Fee ing here
getting very buliSl," Another cable decla red (:
American buying orders and smaller orcrs from
the South responsible for advance here" A. thlrd
cable had It. Advance In consequence OF bad
Snuinr :" TIE 'folloving ,al.gretn came fyop,
Bonham Tex Heaviest flood yet, all creeks
o,crfowcd top crop gone" Another from ClaTkS
vlllc. TcS. declared: Heaviest rain for years;
all low lands Hooded don't see any prospects for
top crop sti raining hard" \ press dsepatch
from Austin. Ten, reported "Overnows OF the
Colorado and IRA aos Rivers are threatened. 1t has
been raining for six days 10 the watersheds The
Colorado Is on a twenty foot rise at that point
An overflow would result in great damage to the
crops Railroad trarc is interrupted by waShouts Z"
CofrIK. Rio on the spot was quiet at sac for
No. l sales. ?.ooo bags Rio No Eat SIC: 500 Ma
5 points higher Sales, Ts.0p0 bags Hayre and
Hamburg were unchanged. American warehouse
previous week and 100 $50 last year. Rio was
changed; receipts ia,oOo haes. stock Boa 600.
change, I? I. ied, Santos was unchanged receipts.