The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-10-18

There was a moderate decline In cotton owing
to disappointing cables an absence OF killing FROST
and natural desire to realize after the recent adj.
vance Of FULLY half cent. Part of the loss was
day was very small indeed, the receipts continuing
moderate the exports large the statistical POSI-
predlctns fross NOT only Yin in exa sEa
honla and Ind Ian Territory. but also In Alabama
and Mississippi. which was something new. Light
frosts occurred at Fort Smith. Ark. and Abilene.
Tex and rains were pretty general In the eastern
section OF the belt A large crop movement 10
and partly because of increased European buying
IN the Interior though some insist that the pur-
cd y s esn sSs
pose OF helping along the recent rise, HoweveS
this may be the movement into sight this week Is
years ago. New Orleans and New York sold bus
spot houses and Wall Street shorts bought to some
extent. In general II was q day Of moderate real
izlng on both sides OF the water and natural ro-
action after the recent sharp advance. The future
weather and receipts The cotton goods trade 10
sun quiet however, and this j. undoubtedly
factor which must be rcCkoned with.
mornings Financial Chronicle, is as follows;
THIS peek. Last Ueek Last year.
Visible supply l,si6s6s l,63Ol7S 2324778
eIo p II sish. ' is'5sis i.sSss.i saits'
lang ins l Week ssn' our sss7s se7a 1881.
A Wall Street house said: THE conditions gov.
erning the crop az this time must be regarded
from u QOuDle STANDPOINT. weather WHICH ~
favorable for picking and marketing the crop Is
not altogether for development OF the late fruit
Ing and while we are advised from nearly all
directions that very little top crop will MATURE
1t Is quite within the possibilities that considerable
addition 10 the yield will result unless extremely
bad weather and an early killing frost take place.
The fact that a considerable percentage OF tho
crop In protected localities Is still capable of matur-
Ing the half grown boil is suggestive OF this con-
cl,ison. In the main, however. we are firm In
the belief that the crop Will be ranked among the
failures In yielding capacity, and that the picking
season will be comparatively short one, our
advIces from the Atlantic States are conclusive
that from present expectations the yield VIII suffer
a heavy reduction compared with expectations
OF a month ago. The near future Of the option
market is quite apt to be Influenced by a dlsposl-
ton the part of operators to take profits on any
further advance Notwithstanding the general
strength OF the situation 10 cents will look high
enough for a time should the option list approach
this level. and particularly so should the large
short interest become alarmed and begin to cover.
we continue 10 favor purchases on all Important
reactions
SIC. for No. I. Sales. 1000 bags Santos No. at
Tic and 800 Savanllla, Futures closed unchanged
to 5 points higher. Sales, 4s.25O bags Tone. firm.
Havre was unchanged; Hamburg. unchanged to
IL pfg. lower. American warehouse deliveries,
II s87 bags. Rio declined rs reis receipts 10000
bags stock. 1853 900: exchange, unchanged at ID
SD Santos declined 100 res: receipts. 10000 bags:
stock l412OOO. Prices here as follows