New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-04-15
COTTON CENSUS
SETS NEW RECORD
694.530 Bales Taken for Do.
nestle Use in March-Con-
sumption TO Date 4,S64.000.

Nervousness over international re-
lations seemed responsible for further
irregulsrity and hesitation during yes
terday's early trading IN the cotton
market. but no important pressure de-
yeloped and prices rallied later on
trade buying and covering. July con-
tracts sold Up 10 1901. or 3 points
above the low level OF the morning.
and closed a, 1877. The general list
closed steady ~ net advance Of :
20 Is points. Bullish domestic corsumr-
,ion figures. reports Of an improved
SPOT demand II New Orleans. talk Of
further advances In the goods mar
ket and reports that The decision OF
Allied governments 10 take control OF
the ocean freight situation was M
tended 70 bring about lower rates
seemed TO be factors IN the afternoon
rally.
The market opened steady at an ad-
vance Of 10 / points on covering. ana
scattered buying. which was encour-
aged By the steady showing OF Liver
rool and the bullish census report. Re
actions TO about Thursdays closing fig
ures followed under Liverpool selling
OF late month and a renewal ~ near
month liquidation. but trade interests
appeared TO be absorbing the offerings.
which became smaller after the close
Of Liverpool. IL did not require much
buying TO cause the rally later. and the
market closed or points of from
the best under realizing.
The census report showed domestic
consumption OF 694. $50 bales for
March. which made a new high record
and compared with .10l for the
same month last year. tire figures IN
GLIDING linters For the first eight
months Of this season there have been
I .s64 900 bales consumed IN this coun-
try. and local statisticisns consider the
record as pointing 10 total Tor the
season Of fully 100000 bales, includ-
ing lnters and foreign cotton. This
was al leas, in line with bullish ok
pectatious. and a. there has been little
increase in the movement 10 the ports
decreasing stocks at the counted in
terror towns have been attributed
largely 20 purchases By domestic spin
ners. II would seem from the small
receipts AZ these interior towns that
holders in the interior were asking rel
atively high prices. and that the de-
msnd was being supplied from stocks
held at the leading points OF concen-
trati0n. Much of this cotton has prob
ably been hedged. and "a sales are
made there "a buying here 20 undo the
hedges. which has probably accounted
largely for the absorption OF near
month contracts.
Exports for the week were SO.2O2
bales. against III 1913 last year. max
ing 4.i95.597 so far this season, against
6906.7S3 last year. Spinners' taklngs
for the week were 236.S33, against
394.324 last year. and the worlds Wis
ible supply OF American Is now 3.Iis.-
POS. against 5.166.l4l last year. south
ern spot markets were unchanged eX-
cept Augusta, which was 8 points
lower.
The weekly movement figures OF the
New YORK Cotton Exchange follow:
Port receipts l04.124 bales. against
l96. 2s3 last year: overland 70 mills and
Canada. o.644. against 3l.l4s last year;
Southern mill takings. estimated. 90.
GOO. against $1,000 last year; loss OF
stocks at interior towns 1854. against
37.769 last year; brought into sight
for the week l2S,7l4, against 254,662
last year. Total crop movement: Port
receipts 6.277ll0. against 9,1O6,592
last wear: overland TO mills and Can
ada 979.62i. against 977,el7 last year;
Southern mill takings, 3,205, 900, against
2.532.s S7 last year; stock AZ INTERIOR
towns in excess Of August | 47l,s25,
against 677. $50 las, year; brought into
sight thus far for season l0,933,556,
against l3.se5.07s las. season.
Range OF prices: