Image 4 of The Meridional (Abbeville, La.), October 12, 1895
Coutona During the week under review the only signi ication change in the con dihlns surrounding the cotton market has been the appearance of Eiglish and Continental spinners as large buyers of actual cotton Sales of spot cotton in Liverpool since Friday the 13th inst are estimated at 54000 bales as against 43000 bales for the preceding week This icreaie in the demand for actual cotton is attributable to a disposi tion on the part of spinners to give inore credence to the reports of crop damage on this bide the water The result of this increased demand for cotton has been to stimulate pri ces and yesterday the high water mark for the week namely 8 27 for January was reached On Friday last January contracts sold at 8 19 but mnder liquidating sales induced by the lack of speculative demand jfr cotton prices gradually receded until on Monday the 16th inst enlee were made at 796 Snite that time however Europe appears to have awakened to the fact that perhaps after all there is more truth in the reports of crop damage then they have heretofore be willing to acknowledge This fact is evidenced by their increased purchasea