The sun., 1903-12-09

In Liverpool spot cotton desllned e p9Ints'
% 10 to 20 points but rallied and closed hrm. at net
decline OF to points. as follows:
BssemSer BscemSer January. January. 81 s% I sSI :tosiM
fssSs:$ Ess4sssy t;S5Ss1y Ss5ss,y: sess Il :s Il =
Ss; Ss$ Ss;6s e :s$: s:s$::s 4''s:%
Juiy juHe HSHust AUX ] es.asss sss ga ga 81
The cotton market closed at some advance "a for the
points IN Liverpool estimated receipts az the poI,s
sSs OF TGfatI ha
spot sales at New Orleans showed later on to be
Say % Sas a. aso HsS s at Of
lec The total exports dropped to ~ ~ ~ 9Sseg; oSsyn
3 q ne SsrNs Was was IA
bear manipulation from this side was SO moderate
ssa as Get e b put good
ing orders aud New Orleans houses also b9ugnt
on psSSs SSs i was took
blocks OF March and May. This. with heavy 6uy
;nH parts 5, Of the Country caused rally in which the
early decline was not ohly recovered out snap
ss ddvanSs The SSy HSST be gain
cred from the het that March ior example ns 20
nel1s near % "p po", in" @ to sui
he most eHasns E ;nr' Ssnsnas n op o6,'on ESSSdd SSd
trading market. N VcVlIt ud' ooihc 'o''ph no"
been dcstroytdby nre al Houston contributed some.
what to the advance Bu, on tn. whole r,.s,i,, VIVA,
Of o?1,, shorts. IVA Was the fac, that any decline com
mission houses have trn orders to buy loI one 70
in the bu side and insists on buying The re-
action which occurred IN ne last hour was dne 70 IA
turkey, which might lead to complications with
,ha, country and :" heavy selling ior New % wel Ul
known know An oncraors @t The speculation twice
large as tina. o: yesterday and the action , o. ,ht
everybody looRed for some further reaction partly,
perhaps on account Of rumors OF dissrnsions among
leading bulls a, New Orleans though they were
Mcintyre 4 Marshall said; Even - 4 the crop turns M
we think likely, there viii not be snficleni 70
meet the normal IeGremeh us ,'ad o, me o ss wnra las,
sumner Summer al Is to u cents per Mound Tor ne expiring
options on las, seasons crop after yield OF TO-.
indicated in the above statement may produce
even higher prices. j. is gencrally believed how.
Of ' the sA Continued di5orsanisel state Of the dTy
goods trade pending the rcadtustment OF cohd ,dl
inclination on their part to secure their full sea
the m II snd out Ies oi
In the op,l}. market. with sharp and frequent
with his friends FranS u. llayne, Daniel j. suIly
and Atwood Violet, Is disoc,leSed bE msny t ai the
went vents shor, i Of Inc uarke, SIX weeks on the
since ,hc middle OF November. 1o.da" FIa2k
Weather '; ~ was sSc cloudy and warmer caalot,e
Dec. s. Cotton mill repreSentatlvcsn IN CONVENTION on
manufacturers. It is learned, will favor clrtail,
men, OF production. prominen, cotton men Of
the South to reported als) favor decreased
MMnn e. said IN spite Of large receipts s sGOd
power of the market was conspicuous and striking
sgG 5 an, Da Srakc 70 seav at one NJ
time. Interests no less important h'ught freely
can, fact that all thc cotton markets rcbounded
sharply from the early declines.
in mSf wr1 CO. G ON The cH are Pi bev"d
10 have been very. heavy sol rs during the day,
freely freely carly ID the d4y, and thus helped to bling
abou, the rally rhry also bopGnt Gt times Later I,
ba rd and Gwanmcy were prominent in tho selling.
and VIIiett, Bacnc. Mcintyre and Mum in the
hsSdrc Il p,GS sss nS5s l. siep4Sy b Zoo at
spccala,orS Nt prrsen, i /, probable ,ha, this
of pos ,lbiy 100000 bales giving Us q gross long in
tcres, in cNiStcncc 10 day OF perhaps T. SnnU
is held. aud can br hcld. by only two cIas>cs of
psSo s % s,n spHq. Sf TsS Ssy% pro re
au!remcn,S 10 the cStcnt lei Us say. Of 5oon
eSn,isc< Sa 'TS1H in INC hop" Sat the Ultimate Buyer The
consumer-will he forced {, repurchase these con
marEc 5aTs OF The anesSn ha, " cinrHHS the trade
is whether any substantial revuls,n In sentiment
Tspor t year is s as | ha m b"en IN
me past WI & T' In an at symp 1ss Tn ne pGf' OF
Where % the buyers vi come from
me rresdsn,, Mc>Sass n SAYS hs d cnitnn n grow grow
ie cotton nda,ry ;ngscs' to-, to the GGnsrsss
''oV M%ood " ID Vlacit 4 g. c., ,sela "rne further we
Su;th tho more We are convinced that tho AnerI
can cotton crop Of the present season has hecn
prsdc,5n sSH 1T ,ha at Within sixty days The noVemen,
Of the crop VIII convln"" the most sceptica IT. that hat
bales is an overcslimate. Th's wiz mean Inc In
Xoun,ar Soppns OF ,DpdGS ThrFsoe ~ the ,Gs Cs
through the current season. But WIN moan nrI.
denay E'cS So mGTn Sssr Ihan now nx
Scw Orleans; Dcc, no trace OF any b,, out.
whch ssr e aa 1" our SnS oc ead s'S, rc
soSn m 11snds III" sa Ssr Section cf be
had no navigation in Red River cotton has been
sn' hsii St II necsmhcr and January vii show heavy
los In reccip's in our opinion & Mhat M So Spots are
Tor Tor his higher he price. ono Broke said We ,e'S
Sraphed 10 prominent delegate to southern snIn
shor, time. He replied ss follows =, resolution
Of fe cnt"rrng % It, Nils have avcrsSe Of less than
i've mcn,hf, run and buying hc[c 10 day ,
downs such AS witnessed TO day may be expected
un,i some ncw feature Is introduced. Prcsen,
prices will prove high or too low according
10 Developments from day to day. but II Is un
dcnIabc thnt there is general disncllntlon TO hc
caught short Of tho market"
Daniel J. suliy & Go. said THE market reports
H to o d % nH &C o to ss Aa sfT
causing half cent advance In asked prices. sup
plies have hrcoWc very scarce We would Hike
10 know WI mr. ,h" scarcity OF rotonSccd prod
uctS is due 30 cNC. u normal crop" Memphis,
Tenn. Dec. 8. II was al my plantHtionS this week
tho crop Is even wUr..r han | expected | will
produce irow iiia acres OF cotton 56i bales.
produced 'nS' year on l,t27 acres .6n? bales THIS
is Of the hest plaua uns In tn" state Of Arkansas
and my cotton IS much better than that OF any OF
tho other planters N thc ncighhorhood."
CoPrFT, RiO th spot was nrm at 6 l2 i0c.
for No 7. Sales l.sm bags Santos No. 3 at sNrr,.
e. and T.; 1000 Maracaiho 100 Rogots,
Futures advanced 10 TO 10 points but lost part.