The sun., 1903-12-08

july. August st..'...... .'''''' SS sISeeH i.s7
The long expected reaction In cotton came to day;
1t an,ounte to about fourth Of the recen!
o IS nos that pses St
s%r ads &c
estimate was fsT too small the cotton goods maj mar.
ton M at ieas, Tor the time being and the hesltatine
tone Of the principal spo. markets "a has been too too
Wnhos noSeSsr e ong anas9n asoa shoSs I NsR
ossns s and sas soas for @s the
and Ss outside paos Teney to
70 ioray BY number i'm Of local operators oi pToui
ps nS ee fG Sssn be Te % ss
receipts arc Of magnitude. WHICH seems u incom, me- M
With Y, ss,s ei InaeT Ss s9ss.Ss
isseli, howevef. whe,he! such receipts and! AND
% Rev stss 6csns a ASaon be-
s @ s re ss q; @
to the M pS 9 ss Xxx fe hc
1000 bscs which w was s' s6oS, oooo bales il sf
Of the s s may all oso ss
othc faet that the New Orleans speculative mark:
much %.sker h the ] ID hr the oIs Msw
than prcts at Ne@ York.~ i seems no unfair in
erabS sSose hs NeW
,s 0 5fssrs
tanly sold hero on liberal scale On the G.hsr hh,ir
f'S Of New orleans ri M % have ssandonsd their position
i is toerably certain thn. they have not. And And
por. oa to Se the New | YORK market from 70 time
as s sn' Oh II to sf1s as sfS fon
effect OF the Government report has, for the time
being at H, is e" Sc The Of smssr ne~
overseng-whch latter 50 often played ,s;l into the
naSSs Aseq 2 cssnss %sIeS ssd down down so g. AND
SHsh s.%sh ys he ADVISE G ssy
e.sfspt n.s ss's Been Suns AND
daniel Suy Company Sid Her our ss,
Every bale Of American cotton that America can
Ds S sss aas aS % ,ss
nnsrs csn g a. an price Thu f"reSn {. ipn Saen
Ssyn Ss5 soss eay f l %
has held back for 1es That ss sse
aous &c S.s to American ms Snsss
ss 9s.i s MS .safa s ss ssaT VEIN
smaller crop and the m, movemen, n month NJ @ ate
more bales were sent abroad ,han in The correspond;
II the foreign mills 70 sci ,hsr cotton a! lSweT
home and abroad. Therefore We say TO the Amer
lean spinner. viii you continue 70 let the foreigner
malndef AZ any ngure a, which you can buy! High
as cotton Is cotton is still too low The CONNER
cial crop Of 1903 1904 means the cotton grown and
picked In those years. There Is surplus or In
visible supply to fall back on. The price at which
you can buy futures to-day viii be cheap in a few
anticipate your requirements you will be com.
PEELED to close Curtallment win not be short
time IL viii be absolute. II Is useless to predict
what You will nave to pay II you walt. What does
10. Ia. ~, even 90 cents a pound mean when you
csnno, get the co.ton' Our advice Is to buy now.
before Il IL tco late"
A VlcIsburg despatch said: Large shipments
OF cotton from Little Rock and Shreveport TO New
Orleans last week and more coming. This mme-
diato sec tion has made fairly good crop, and be-
to that market and force the bulls TO take more
cotton al that price tnan spinneIs or exporters
will buy before Spilng or perhaps February. Tho
Government report Is regarded as much too low
here. but about right In Arkansaa and Memphis
Districts where crop was bad failure, particularly
has becu very heavy last few days. aud II now
looks as though there would be keen competition
for the remnant OF this crop"
Memphis received S,+7l bales and shipped Il.s78
bales X, j. Buston 4 Co have issued circular
10 which they state tina; los! year their estimates
for the States outside Texas, DC, were remarkably
close to tne actual results and that the total diff
ference was only 1900 bales.
The Texas Outturn was cut down partly by bad
weather. but chiefly by tho ravaees OF the boil
weev which were much more serious than any
one calculated upon.
"Mr. Bustons estimates for the three crops
previous TO the last one closely approximatcd to the
actual results Here are the figures alo ng with
those for the past season:
anil