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The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
90 NOT LIKE TITLE


Salt Lake. Utah. jan 2s.-The lower
house of the legislature today made for
NAL objection TO its members being COM
pared 10 Jack rabbits. The objection vas
in the form OF set OF resolutions Sc
vereiy Censuring the Salt Lake Tele-
gram. which on Saturday published an
article stating that the members from
San Pete county could change places
with Jack rabbits and The legislature
would be strengthened b. the presence
of their substitutes.
On account % the prevalence OF small
pox in the state. agitation IN favor or a
compulsory vaccination law has been
very strong. and the representatives
from San Pete county have vigorously
opposed this movement.
The resolutions. which were passed at
ter lively debate. declare that the re-
remarks cast serious reflection upon tn
intelligence and fitness for the work OF
the legislature OF its members.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
Local Grain and Produce Market.

Wheat Farmers deiivery)-HarS. old.
No. .. 5Nsc; new Sc under test down 10
50 pounds Carloads on track-Hard,
mo >. SIC: No. ;. 55d5Sc; No. +. Sstt54c;
red. same as hard. on track.
Corn-No. =. sc; No 5. Sic. Carloads on
track-No >. sc; No. 3, sc; No. white.
ssIzc: No. 3. Sac.
Oats-Farners' delivery. eSdSoc- Car
loads on track-No. >, Sic; No. 5. Sc;
No 1. sc
Flour-( NNholesalel-Best patent. $40:
IN car!oSa lots, delivered &c al southern
Kansas points Delivered. same. Bran.
&c; shorts, sac.
Hay-Alfe!fa. No. l. $50: No. >. $3.50:
prairie loose. No. l, $500; No. . s5-o0:
baled. No. /. s7.00; No. >. S6-00: No. 3. s5.0o.
Seeds-Ksf,ir corn. per bu.. 2cls2cc: care
seed, per bu.. 3S65S5c; fax seed. per bu-.
s10o: millet seed. per bu, Soq35c.
Garden Seeds-Asparagus. o.. 1ec;
wax beans. ct. Sc carly green pod. Ct.
&c; late varieties. ct. &c: pole beans.
ct, sc: table boets. 10. 6ec. o. lac:
stock beet. 10. SIC. oz- &C: sugar beef. 10.
Sc. OF &C: cabbage, 10. Sl-S5tI1sl or. i5c;
carrot 10 &C or Ice; cucumber. III. 81 So
se. o. I5c: celery. 10. Sl-e51I2-oo. o. l5lf9oc.
sweet corn. bu- 500 Ct. l5c: corn salad.
o. l5c: crssS. oz.- lec. egg plant. oz-.
aec lettuce. TO- >JcGS-le0 e. lec' musk
melon. H. eoc6f$l-e0. az. Zee: watermelon.
ID s8CasI0 ~. 5GiOc: mustard. H. 80
Gsec: OF. I0c; onion. ID, slcGSl-75.oz. leQ15;
parsley, lb. 75c. OF. Ice parsRips. H. &c;
o. lee: peppers, or 20; pumpkins. 10.
t1c. OF. &C: peas. bu. S5.5os 20, Qt &C;
yhubarb ID 81 90 o.. 15c: radiSh. 40. - -:
foz- Iec; winter radish. 10. Soc. o. &C; oys-
ter plant OK. l5c: spinach 10. SOC. cz
&c: squash. H. S1clS- I00 oz. I0c. Uurnip
H.. 4zaSac. OF. 5aiacs tomato. 10. SI-65sl
AZ. 29li5oc; popcorn. ID. l1c: pea
nuts. III Zoe; bottom onion sets. bu. SEQ.
ct sec: sweet peas. 10. &c, or 1ec: mas
turtsGlns 10. 60c. cz-i0c-
Butier-PackiHg. nc; country. 166lSc
Eggs-lec. subject 10 Gambling
Poultry-Hens. SC: spfiaS b-oilerS. IL
% lbs. Icc: 80 10 , lbs. &c; turkey
hens. &c: toms. y pounds and oEsr. I2c:
old toms Ice; geese. full feather. &c.
ducks full feather. &C.
Hides-Green Salted cured. Ne. ], e.:
green salted cured No. ? &C; gwen salt
ed cured bulls. $50: good gEeen hides. -;
glue stock and bad grubby. SIC: Nc. !
horse, SIS; No horse. SIS pony and
badly damaged, &c sl.oo; dry flint butch
ers IS lbs and up, &c; dry aint fallen. 70
IL sand n lie: dry niat under Is lbs. &c:
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
MARKET WEAK
AT CLOSING
Wheat Dropped More Than
Two Cents During Day.
RECEIPTS WERE LARGE
Both Corn and Oats Opened
Well but Closed Weak.

Chicago, Jan. 27.-There was an enor-
realizing by the leader OF the longs
caused break of over &c in the May de-
livery. and the close was weak and at
loss of 29sc from yesterdays close.
May corn closed sc lower. with oats
/ down 1.a%sc. Provisions closed weak. the
May products being from l0d22izc lower.
Lower cables and liberal receipts, es-
pecially in the southwest. caused a weak
opening in wheat and local longs unload
ed freely. There was a temporary rally
shortly after the start brought about
by buying by the leading long May
sold up TO Sl7s982c, after openinf I.9Ssc
to Ss11sc lower, at s11.QS1@sc The sup
port was only. momentary however and
when il was learned that the chief long
interest was selling through brokers
there was wild scramble to secure Nof-
Its and the price broke sharply, the low
point being reached at SIC. Covering by
shorts late in the day caused a slight
rally, but the close was weak and 25sc
lower. at l9H79i.c. The news was gener-
ally bearish, with the falling off of the
export demand the principal influence
The volume of business was something
enormous. il being reported that the lead
ing bull disposed of anywhere from seven
10 fifteen million bushels. while commits
sion houses were also heavy sellers The
worlds visible supply showed decree Sc
OF $4,000 bushels. compared with de-
crease the same time last year OF 10S2-
COO bushels Clearances of wheat and
flour were equal to 248,000 bushels Pri-
mary receipts were $500 bushels against
$4,000 year ago. Minneapoii and Du-
luth reported receipts of 334 cars. which,
with local receipts of 50 cars. made tota
receipts for the three points of 429 cars.
against 42l last week and 472 last year
Corn was remarkably firm early, con-
sdering the weakness in wheat. and il
was rumored that the same firm that
unloaded the big line OF wheat had taken
on a large line of corn. Commission
houses and brokers Were also active buy
ers- Later. when wheat started on its
last downward course. the offerings be-
came very liberal and a weak feeling
developed, and May closed SIC lower. at
acc. after selling between I4Ac and
4o1sc Local receipts were 20 cars
There vas only a light trade in oats
and the market sympathized with other
grains, the close being weak Commits
sion houses and brokers we're the best
buyers, while local traders sold May
closed Ease lower, at SIS. &C. after selling
between 3524c and 36i4c Local receipts
were 40 cars
Provisions ruled duh ard easier. the
liberal receipts Of hogs and lower prices
a the yards contributing to the early
weakness. while selling by hackers added
to the decline Commission houses bought
moderately. The close was weak with
MAY pork e2l2c lower at sl6.e71z: MAY
lard down 12izc. at s95o and ribs off
luc. at s9171a.
Estimated receipts for tomorrow:
Wheat. IS cars: corn. 305 cars: oats. 100
cars; hogs. $1,000 head
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
WOOL MARKET.

St Louis. Jan. E.-Wool Unchanged
Territory and western mediums, 1Ial9c;
fine. Boise: coarse. l3G11c.
Boston. Jan. 27.-Wool-While there has
been less activity in the wool market for
a week past than was noted previously.
considerable of the product has changed
hands Prices are very firm and in some
cases there is an upward tendency. Ter
ritoTy WOODS have moved with consider
able freedom. Fine choice staple. 56d5sc;
fine medium. 5tQ sc; medium. s7q4sc; or
binary grades-fine. 53G55c; fine medium,
5CG5ec: medium 45d+6c. The market for
fleece vocls is decidedly strong. Ohio
and Pennsylvania Xxx and above, ga
32Itc: Y. 3lqSNS: Michigan y and above.
&c; No. J. 2e130c.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
RUN SHEEP ON RESERVE
stock men Must Keep OHof Govera-
uaent Reae rvatiOaa.

Salt Lake. Utah. Jan. g7--Judge Mar
shall of the United States district court
today sustained the demurrer OF the de-
PENDANT in the case OF the United States
versus Frank Martinus. who was chsrs-
cd with running a banl OF 2.0co sheep on
the Fish Lake Forest reserve in violation
OF the rules formulated for the protec-
ton OF forest reserves by the secretary
OF the interior. Judge Marshall stated
that congress has exceeded its legislative
power in empowering the secretary % the
interior TO make rules. the violation OF
which would be criminal act. and held
that the law is unconstitutional. The
decision is regarded as OF the greatest
importance to Utah sheep men a number
OF pending similar cases will be thrown
out OF court.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28

patients were furnished with medicines
and nou-ishing food free OF charge
Frank Walk described the operations
ofthe credit or company store system
The prices Of traicles. he said, were about
the same as those charged BY other deal
ers. but he admitted that none other than
employees of the company were given
credit He stated also that after the
company store system had been abolish
ed and he had resorted 20 the cash ha-
he lost two-thirds Of his customers
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
FOUR FOUND GUILTY.
Brass mouicers Charged With Inlur.
ina Nor-Urico Men.

Chicago, Jan. -Four q the six brass
ui0ulders on trial for conspiracy to in
Jure nOu-union men during the labor
troubles q 1917 were found guilty today
They are Jacob c. Johnson. ". n Man
gan. both % whom were sentenced 20 pay
a ans OF f.sa; Gus Hoppe and Thomas
Christie. fined So each WI Maioney
and Gus johnson were seuitted
The ak men were rnrrlber % local
unicu of brass n1oula-rs ard Constituted
a secret service COMMITTEES. alleged q
have been appointed Tor The purpose x
eTzpioying a band q men to siGz and 9th
erwise inJure certain n0r-uniou men who
were pointed out b pickets A. f~-
sol; two men we're shot and several
severely h<afru
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
FLOOD DANGER IS OVER.
Rivers IN Oregon Failing as Rsini
Have Ceased

Portland. Ore. Jan. -.-RsDorfs from
the upper Willamette VALLEY po.uts sboE
hat the river = falling znd that a. dan
ge- from Goods ms passsd A; Albany
the river rezrh~d thsrrF-one fsef fil1s
morning. and wss Etli rising Eiogiy. Ant
the rain IA. eess~d and ins rfver - *
s-ct-s % bexsa failiav to1sy. The nrst
through train 70 arrive ovss ~ sea;hs ~
.cife sf1c- saturday MI reach sera
thls Afternoon III rpss - rsDorf.3 az
Gear and al eeiayes trains ali arrive
tonight II the Rorue river Fsis-y thrfs
~zs a heavy fsu - sns-- iz-s nlzhf ass
tbs rrrr~frr
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
New York Money Market.

New York. Jan. Z5-Ci0se- Honey or
call steady n 3iza4 per cent. closing.
s1zr3A, per cent Time money steady
g. days "a per cent. - days "a per
cent s months. g. per cent Prime rnsr-
camille paper. Sd5iz per cent. Sterling ex-
Grange heavy. with aCtusi business IN
bankers bills at 81 = " for demand ard
al 81 = sOl4 - < FOR 81 ozys' bills Po@tes
rates 81 sFz and - s7iz1sS Commercial
bills ls-z. "a So
Bar silver. E1.c: Mexican dollars z5i1c.
Government bonds steady. railroad
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
Conferred Ahou, Fishing.

Ottawa Ont. Jan. -s--Prerier Prior
and Attorney General Roberts. q British
Colon 5is. conferred with the Canadian
government officials today regarding tn
control OF Salmon fishing in the west
The provincial authorities seek % gain
entire control OF the industry lie also
asked that a Law Be enacted permitting
tire use Of traps 20 catch salmon before
thev reached the waters OF the United
States. The dominion officials gave Them
~ -a~l--
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
SUIT AGAINST M'cLuRE.
Attorney IN Minneapolis Thinss re
Ess Sac &c, END.

Xsnzszp. ofs. Jar. -7--coertT AstorreT
Boarsrazn - hr0UxEi s-sf ser - 80
6arrzx-s sxasazE ih~ MAJ sasilsssaE
COR pany Tor sfi~E~e ilt~'ss.S si4f~zzsaEs
,la1lssase g. re gsz1z-y tzxse - NJ
Cur~s Magazine Eus-~- 80 czsfssu- --ra-
Fsu sn-g E-s-zHptssn % xi-zez s,siis -
f17colz n sfe-~zs 4 EsmznSas % ss.-
par ard srEz~- ~ csaFxe AS s~rxsd
O. Fress@rsek f4tfs.. ih- nc-fhx~sles-s
agent q ih~ E1bltshasE oonDsny IN tAi-
ely ta-dsv
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
| Will Cure You of
RHEUMATISM
Flee No Money Is Wanted

ANY honest person who suffers from
rheumatism is welcome to this offer.
| am a specialist in rheumatism. and
have treated more cases than any other
physician. / think For sixteen years l
made ZOO experiments with different
drugs. testing ali known remedies while
searching the world for something better.
Nine years ago / found costly chem
ical in Germany which, with my previous
discoveries gives me a certain cure
| don g mean that it can turn bony
joints into flesh again; but il can cure the
disease al any stage. completely and for-
ever. 1 have done it fully 1oo.eOo times
/ know this so well that I viii furnish
my remedy on trial Simply write me
a postal for my book on Rheumatism.
and l Will mail you an order on your
druggist for six bottles of DR.. Shoop' 5
Rheumatic Cure. Take it for a month
at my risk. II it succeeds, the cost is
Only $50 If it fails, will pay the drug
gist myself-and your mere word shall
decide it.
/ mean that exactly. If you say the re-
suits are not what | claim. | don't ex-
rect penny from you.
l have no samples. Any mere sample
that can affect chronic Rheumatism must
be drugged 10 the verge Of danger. | use
10 such drugs. and it is folly 10 take
them. You must get the disease cut o.
the blood.
Ny remedy does that even in the most
diTic"Ii. Cbsl,rate cases. Ii has cured tie
eldest cares that ever met And In all
my experience-in all my 1000 tests-l
never <ound another remedy that would
cure enc chiCnic case in ten
Write NE and l will send you the or
der Try my remedy for month. as it
can't harm you anyway. If it fails IT Is
free.
Address Dr. Shoop. box 2e4. Racine.
Wis.
Mid cases It chronic are often cured
by 1ne or tw. i,ottles. At all druggists.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28

Salem, OTe.-Jan- z.---The sensational esi-
lot today stood - follows Fulton q
Geer - Wood - scattering Is abseat
Is paired le Nearly all RE members
from southern Oregon who went home IN
srens Sunday are abseat- owing 70 ire
blockade oocasionsd By high water.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28

Sara r.. \ n lar. "a - cA4esEa,
Rock I-sz-S "a cfsprsxz F-zlrasz eaHu-
p.zy I'D incorporation pas<rs - hsat
a rzHrns5 TN Asso-saz. -xxas - IT,
c1zrsrf e2staiocp< cs1-rT. rosssscEsrx
;hr csoct2~ are Rs<s Isisns sgstssas
-. xssi-x . saoTi lac Len xeEsAss
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
Barred Plymouth Rocks

Partridge Cachin- Bur OrpsnEton
Chickens ~. premiums last three sea
sens
Grit. oyster Shell Blood Meal. All
kinds OF Poultry ard HOG Remedies.
Lees Lice Killer and Egx Maker.
Conkey Houp Cure. wholesale or re-
tail OIL Meal By the ton or car load
OTTO WEISS. le5 Meade ave. WichltA
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28

and closed a a net advance Of 74il points.
New York Jan 21.-Cotton-FutureS
opened firm. January, SIZE; February.
S73c: May S7sc; June. soc; July, s..9c;
August S57c: October. Sole
Galveston, Tex, Jan H.-Cotton-tirm,
l3-l6c.
Liverpool. Jan. 27.-Cotton Good bust
ness done: prices points higher. Amer
lean middling, Asa.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
OTHER LIVESTOCK MARKETS.
CHICAGO.


Chlcago. Jan. 2'-Cattie-Receipts, 9.0eo.
inciudlns 40 IeNans Market slow. Good
70 prime steers. S+-'9Gee0' poor 10 me-
d-uu. sS-->a go stecAefs ana feeders.
S---234.oe; COWS. N.flp to1' heiters, N-9
44-'o; Gamers, 4ti--is' bulls $50 100;
calves $5-5oGE'ee' Texas fed steers, $50
9+ie
hogs keceipts toaay 80 go tomorrow.
/ 5o.oVe; ieit over. a,oS- Market Salc !oNsr,
closed duii- MIXED ana outshers, soi2g
so; good 10 choice hesVyt @-'oqe.sa:
rough heavy. So-9l9b'p, hght So.-Sl1o.S5'
4 bulk or sales Sb.k'so-.e
Sheep-ReceipiS, leso Sheep lower
duli; iamos lower. dnu- Coca 70 choice
wetherS N-ol9-e"' ia'r 70 choice mixed
S'-'-,'4 -, MtStsIi sles p $500 ~ .lN Nv,
60
l,4e;c;.1 ,-.-,,~7..,-
pscsf,,+s Cyst.1., - 7ao. boys sS IN
ST., SOC
c,i 81, -.
st,,-S 81.
NansSs Ivy
Kansas CITY. jan Z'--Cattis-Receipts.
le.e" natives sou Texans: calves. SO, all
natives Corn cattle steady 20 loc lower
stockers and feeders steady 10 strong;
cows and heiieFS steady; quarantine SOW
stead Cholce export and dressed beer
Steers $~fao-"' lair 10 sood. N.s0tiis 10
stockers ana feeders S5-Stat.-e; western
steers. sS-sSs+oo; Texas cows. S-SSsfes5 %;
native cows, s1sss4s5. native heifers. SIS
a+-lS' e3nnerS. N-e'a1--9i bulls. S--S5a4s';
calves s2oo8I.e5.
Hogs-Receipts. lo.oe Market 5alec
lower Top. ss.Gi.: bulk Of sales. 8. S'lS
SO; heavy. $6-6Ssi5 So: mixed and Pack-
:. -f.e,,s = -,s.-s 4 ...c7e ~
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
CASH Quotations

Cash quotations were as follows:
FIour-Quiet and steady.
Wheat-No. ? spring. 7SdSec: No. ,. "a
14c; No. red. 75a..c7..
Corn-No. ., Sic; No yellow. 45Isc.
Oats-No. >. 33Izc: No. white. S3l aGS5c
Rye-No. >. l9t.c.
Barley-Good feeding. 45047c; fair TO
choice mailing. iSd55e
Flax Seed-No. l, SI.19; No. ! north
western. Sl.24.
Timothy Seed-Prime. $500.
Provisions-Mess pork. per Dbl. s17.erd
l. p; lard. per 100 lbs. SIC. 9edl0 30: short
ribs sides 0Cose}. s9.SSTs15: dry saited
shoulders (boxedl. 81 25Gs.50; short clear
sides (boxed). s.. 5Gq9. -.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
COTTON MARKET.

New York. Jan z7.-The cotton market
opened firm At an advance Of s9s points.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28

sna iztrs Rsek - q Fese - So
zsa - szAf tass summrs Esetsss SIX
= - s.s ti~zs7ssyt~Es - Cesz4<e ssss
ktrse Csos5g.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
Cattle.
Cattle Sales.

Cattle receipts were light yesterday and
the undertcne Of the market was weak
and in a few cases lower.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
New York Produce.

New York. Jan. Zs--BGrreT-Recespt
Ssi7 packages Market STEADY state
dairy. rsa35c: extra creamery -: com
mon to choke creamery. 19G1sc.
Egx-Rseeipts. 7-Se1 package Market
firrn. Average 10 best state and PennsyI-
vauia. @5c; western. poor 70 fancy graded
esE-sc.
sogar-Aaw steady. Fair refining.
3 Size: centrifugal. - Test. Sl.c. nciasSes
sugar. size Refined steady. Crushed
5s5c: powdered. 4sSc. graduated. 47Sc
Cofse-Sts1Gy. Nc. : Rio. SIC
AoiaSSes-kiTn-
EoultTy-Alive. stszdy. TURKEYS 40
f5c fowls. i4c- Dressed. easy: Western
chickens. ts--GItc; western fowls. lie:
turkeys Iel8c
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28

On the Produce Exchange today prices
closed as follows:
Butter-Dull and weaker. Creamery, Il
N24tsc; dairy. 17G23c.
Esgs-Weak Loss of. cases returned.
Cheese-Dun and i'm; 12Gl4c.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
Kansas CITY,

NdRSdS lily.
Kansas City. Jan. @7.-Ciose: Wheat
May. 69ssc: July. esis QtssI.c cash. No >
hard. s-I6Sc: No , hard. ssdssisc. No. 4
hard. Slate, rejected hard. 54n6sc. No.
red. 1oc: M. 3 red. 67fisSc
Corn-Jsnuary. Ssi=c: May. SSI.c: cash.
No mixed. Ssi.acoS.c. No. white. iel=c
No. 5 white 4od4otsc
osts-No- > white. ssc; Ne. - mixed.
35Gs5i5c.
Rye-No. = sc.
Hay-Cholce timothy. sls-@Gl5.5o; choice
prairie. SEQ
Butter-Creamery. eca34c: fancy dairy.
eoc
Esg@Fresh 1sc.
Receipts Of wheat. g. cars.
ST. Louis
St Louis. Jan. Close. Wheat
Lower. No. red. cash elevator. norni-
nal. track. 75s076i4c: MAY. 20. q 75is: July
71SSs91sc; No. : hard 7IR7ic.
Ccrn-Lower. No = cash. 4ii-c nom
inal, track. zlizGtic: Nay. Hisc
Oats-I-ower- No , cash S5l..c- track.
SsGssi.c. May. S77sc, No. white. Sc
Rye-Lowsr, EaizT5o,
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
The THOMAS SAHITARIUA

rosr~r T~sfA 49, - Fsxsffs Af~Gas
WICHITA. KANSAS
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-28
A. g. MOORE. MANAGER

Stock Yards. Wichita. Kan. Cousisn-
msntS srd correspondence solicited Mar
ket report furnished free on application
Proceeds RENTED ca day Of sale Money
20 loan on cattle Phone ISs
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-28
Barbee g. Co.'s
Cotton Letter
Especial to News and observer)

(SpeclaI to News and ObSerVef.)
New York. May 27--The more we see
of this market, the stronger becomes our
opinion that it is not one in which to buy
cotton. There are increasing evidences
that some sort of an arrangement was
made between the holders of spot cotton
and Mr. Brown in which a considerable
portion of that gentleman's interest in
July was liquidated. This does not mean
that there is not long interest in that
month as quite the contrary is true since
Philadelphia is short OF about as much
July as there is spot cotton in tins city.
But if this cotton is to be turned over
on July contracts and the New Orleans
people are not interested to an extent
that will enable them to run a successful
squeeze there il going to be trouble be-
fore the first day of July. The stock
market IS not in good shape. Increasing
stock of cotton in this city is going to
be turned over upon July contracts unless
a smash of sufficient dimensions occurs
that will pay the spot holders to cover
in their July and hold the cotton now
in stock in New York. The outlook with
July at II cents a pound and new crops
at 9h cents a pound is not such as would
induce a conservative trader 10 invest
his money on the long side. We would
wait for a break. News today was gen
orally of the same tenor that was in cir
culation early in the week, though Liver
pool showed less aggressive strength and
the prospects of rains in various sections
of the cotton belt helped the crop out
look materially. October ruled very strong
over 900 most of the time, but old crop
months were weaker than otherwise. The
short interest has been pretty well elimi-
mated and any attempt to take profits in
this kind of market will bring about a
quick break.
Cotton futures ranged as follows:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-28

note an Improvement in prices for various
lines and It looks as if goods will grad
ually move upwards to parity with the
values established for raw cotton. Mean
while, the bulls in summer months are
being called upon to take cotton from
outlandish sources, 23S bales arriving yes
terday from faraway Genoa, Italy; 25O
bales coming from Bremen, Germany; L.
036 bales arriving here today from Al
hany up State, and 5000 from Boston
The course OF prices, however, would
seem to indicate that the clique is not
at all alarmed over the fire from so many
quarters.
The bureau report it is officially an
nounced will not appear until Thursday
June 4th. and there is some apprehension
that during the interval believe its pub
LEGATION an attempt will be made to start
a scare among new crop shorts, who
are said to be largely represented by
Western and Wall Street interests. To
this end it is being claimed the crop con-
dition will show 10 to Is points less than
last years abnormally high percentage
The report will undoubtedly be com
paratively bad one. but the advance Of so
points in the past ten days must have DIS
counted it somewhat, if not entirely.
CAMMANN & Co, COTTON DEPT,
Per Hugh F McElroy.