The sun. [volume] (New York [N.Y.]) 1833-1916, 1896-03-22

,To.DAY's FEATURES Long liquidation accounts for
o. ean. party !, 4 supposed; y me Imam party;
f hrstI rpse a T iItsi sl'fS@ n, yh ait ,i"niJ Hnd S, oy 6 pTaSt prices .ss. a.
fly sent them down again. though It is to be remarked
whtcI. indeed. hardly changed at ali from the open
sam TO e the ! s.G ssd l I've IS%a' a inor Sent ,a' som st b SHnss' o to
,ers The receipts wcr, light: and che s;atisteal post
housnt on spesuiaii"n was naturally bought to sell
again; and bulls, eyen the most prominent OF them,
such shorts as desired to buy. with as much cotton a,
,nfk BEL being s's ilft in , he ' iarSh By by o '"is H1 EuiI. s seems Su Idi Gt
for on TIE stream, OF speculation every. man is sup:
weather eye open aud 10 look on; for No. T.. il any
a s%a lSns1 n angel me he Eat !. likely %r ' to r ssHsF H r. mi,Ias Ks
sooner or later. whether 1t be IN c"r,on, grain. or any
posed 10 be necessary Tor fnll grown men in The faI
OF tue day within moderate limits, and not unnatu:
rally there was some reaction iro,h N. recent rapid
spect hulIish. There never yet was an ideal market
f hlaw S'1"sE me There R@' or are En-" dr SsSpi i@ST no are for g VA" tSa iShs
70 eneountLr. For instance ne outside speculation
goods are dull. and the tendency OF prices $ stil de-.
]S SISfrn 10 inli i%@HT recently s" In k t'sIs : "ns'' iB1i ,timS
and Philadelphia: general trade IN this country Is not
ne ma = ,m for Commercial paper m.ren@n,I consider Isr
num-, r OF and importa ",p' to,nmereial fniiures MAKE
the n, banks % y nj nio re-, sh ar than ever OF SommerS'@ loans:
a. any t,ms since the panic of July, ls"s.
money markets have been tight, and ia,tsrIy
Ilill IhItT "a o'tH IT'Shtl HIpn buHhH HfTt. III ~
mean time manufacturers OF wool and cotton goods
find their stocks accommodating. SO much for the pres.
ent general trade sitnat on. Then. SO far as the next
there is likely 10 be q yirld SURPRISING %nnythlng ever
before known In this country. II is true that farm
work In many parts or the South Is backward. but
farmers and planters can easily catch up. These
factors are not lost sight OF. however. by the friends
OF cotton. who include ONE OF the most expert.
cnced members OF trade. and while admitting
their Importance they maintain that cotton
level Of prices because OF light receipts. smal!
stocks, aud. as they argue, {. prospective. liberal
demand. Much may happen TO thecrop even II large
crop Ia planted IL the season proves To be exception.
ally lat then there VIII be more than ordinary danger
from frost before the cotton can be picked. Then 10
IL believed that the accidents or the coming season
will he apt to favor the bulls rather than the bears.
So taking everything into cons Iteration there are
large hol SIS here AMI at the South who think that
while prices may get a setback from time to time ny
reason OF the usual long liquidation, yet the general
trend OF the market for q while at least will be up
ward.
COFFFK FUruRFs- Closed unchanged to 8 points
higher. The ending was quiet after sales OF $3.50 bags.
Havre was unchanged. Hamburg declined Il ptg.
American warehouse deliveries yesterday, 266Shags.
American visible supply of Brazil. 4aB, ono hays Rio
was nrm at unchanged prices; M, receipts, stock. 20.
600, X o exchange. y 2Sl2d.. adeCl A. " Md. SAT- tos
was firm at 200 res decline: receipts, 5000; stock,
1870. 900. Rio on the spot was unchanged and quiet.
The future trading " as as follows: