davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
GENERAL MARKETS.

New York Jan. 5.-Flour, quieter, but
unchanged.
Rye flour. firm.
Buckwheat -four, steady.
Cornmeal firm.
Rye, steady.
Barley, quiet.
Wheat-Spot easy; No. red, 90c. OPP
ttons decline early on reassuring politi-
cal news, unloading by small holders
and bear pressure. After a rally OH
bullish Ohio state report and Armour
buying, it again turned easier, be-
cause of big Western receipts and poor
export inquiry, closing ss@%c net low
er. May. S91sc July, $3.50.
Corn-Spot, easy; No. 2, sac. options
dull and weak IN response to the wheat
decline, large Western arrivals and
good weather. CLOSED shade steadier,
but &c net lower May, 521ac.
Oats-Spot, firm; No. 2, 43Ac.
Beef. firm.
Cut meats. steady
Lard - Easy; Western steamed,
$7.15; refined, quiet.
Pork, steady.
Tallow-Firm; city, 5B@5%c; coun-
try, 5@5Ac.
Molasses. firm.
Sugar-Raw, nominal; fair refining,
&c; centrifugal 90 test, S1Ac; molasses
sugar, z%c; renned, steady.
Coffee-Spot Rio, firm; No. invoice
712c: mild firm. Futures opened steady,
unchanged to 5 points higher. Around
midday the market showed an advance
of about 10 points all through, but
later realizing was heavy, and to-
ward the close the market eased off,
being finally points lower to points
higher Sales. $4,000 bags.
Butter, quiet: extra creamery, 24c;
state dairy, 15d21c.
Cheese, quiet; state full cream fam
cy small colored and September. 12c;
do late made, loo.
Eggs strong; state and Pennsylvania
nearby average finest. 39c.
Potatoes steady; Long Island. $2.25
6l2.5O, Jersey, $2.12G2.35; Jersey sweets,
S1.J0@ $50; state and Western sacks,
81. 1oQ2.20.
Peanuts steady and unchanged.
Cabbage steady; domestic, per ton,
s15,0Od25.00 per 100, $5.oOd10,OO.
Cotton by steam to Liverpool, 12c.
BRIGHTER OUTLOOK IN FAR EAST
STEADIES WHEAT.
Chicago, Jan. 5.-Active buvine
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
Grain Markets.

NANAS-$1 100000.
COCOANUTS-Sack of 100, per sack
SO. so.
ANGES-Florida, $2.75@SO0.
LEMONS-New Massinas. $3.50
MALAGA GRAPES Heavy
weight. $500 per key; mediums. $4.25@
450 per box.
PRUNES-2Os to 3Gs. 13c: 3Os to Aos,
10c 40s to sos. SC: sos to COS, TIC:
COS to 70s, SIC; 7Os to S0s, &c: sos to
eos. SIC: 90s to zoos. Aye.
PEANUTS-Ample stock, fair de-
mand; market firm; fancy hand-pick-
ed Virginias. SIC; N. c. peanuts, 41zc;
ex. Virginias. 4Ac.
NUTS Almonds, Terragona, 141kc;
Ivicas, 1870; walnuts. French, 12jzc;
Naples. 141@c; pecans, 10c: Brazils,
SIC: fllberts. lie: assorted nuts. 90
pound and 25-pound boxes. 12c.
Dried and EvapOrated Fruits.
APPLES-Evaporate TIC: sundried.
6hc.
APRICOTS-Evapora fancy, 13c:
choice. 1OAc.
RAISINS-L. L. 2-Crown, 1885, g.
Crown $500; 4-Crown clusters, $2.75;
loose muscatells, SC: 1-pound seeded,
10Ac: imperial cabinets. $500 per box.
PEACHES-Evapora peeled, Ice:
unpeeled. SIC.
PEARS-Evaporate 1O%c.
CITRON-A. S. drums. 14Ac: fancy
Corsican, in 10-pound boxes, 1415c,
URRANTS-Barrels. &c.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
COTTON FUTURES.

New York, Jan. 5-The cotton mar
ket opened firm at an advance of 5000
points on buying by leading bull in
terests and covering as a result of the
more favorable news from the Far
East, higher Liverpool cables and re-
ports that Southern spot holders were
unwilling to follow the declines in flu
lures
During the morning the market was
quite irregular, but generally speaking.
showed firmness. At noon the report
OF the census bureau was read, show
ing that S,S48,247 commercial bales had
been ginned up to Dec. 19, against g.
81 1875 commercial bales at the CORE
spending time last season. This re-
port received a very bullsh interpreta
ton, it being argued that if as much
cotton remained to be ginned as was
the case last year, the indicated crop
was not over 10000 600 bales, while the
bulls were inclined to believe the gin
ners' returns were a full confirmation
of the Department of Agrlcultures crop
report of Dec. 3. At any rate, the re-
port was followed by a sensational
wave of buying and prices jumped from
"a to 30 points in the first ten minutes
after the report was read. Such an
advance as this naturally attracted
more or less realizing. and there were
occasional backs. but the market,
as n rule, showed a firm undertone
during the balance OF the session, with
March selling up to 1870; May TO
10 csc, and July to 1860. these being
gains of over a cent pound from the
low level of yesterday, and within
about 80 or 35 points of the best prices
for the season.
Trading was very active toward the
close, and leading bulls were aggressive
buyers, while shorts were covering eX-
citedly.
The market was finally a little off
from the best, but firm at a net adj
vance of 5000 points. Sales were es-
timated at 100000 bales.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
BANTER & co.
Think Ginners' Report Had BuIIish
Tendency on Market.

1hlnk timers REPORT Had bullIsh
Tendency on Market.
New York. Jan. 5.-The feature of
market to-day was the gnners' re-
port, issued by the census bureau. 1t
was generally expected that the re-
port would be of a bullish nature by
showing a smaller quantity of cotton
gnned up to Dec 10, as was the case
last year. In this, the trade was not
disappointed AS the statement indi-
Gated 463, 900 bales less ginned this
season at the same date. The figures
were 8,843 900 bales this year compared
with 9,311 900 bales last year. The
statement threw shorts into a panic
and during the afternoon there was a
repetition of some of the scenes wit
messed a few weeks ago. May cotton
advanced from the 12.80c touched yes
terday morning to 1880 and over this
point. While cotton came out on the
advance over 13%c there was enough
buying to hold the price, and thou
sands of bales changed hands during
the afternoon at the advance of
cent a pound. In the Southern market,
May souId over 14.00c and July over
141ac during the morning, the market
advanced sharply 20 to 40 points on a
sensational rise in Liverpool. 1t was
stated that shorts were buying in the
Liverpool market, a large line of cot
ton being covered by American inter-
ests. The same firm was a liberal buy
er here yesterday and again this
morning, 1t is expected that more
cotton will come on market later. Es-
timated ports, $4,000, against $4,000
last year Estimates for tomorrow:
Houston, $1,000 against 1897 last year;
New Orleans, $4,000, against 1895;
Galveston, 10000, against 1885 last
year.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
CHRONICLE SAYS MILLS
WILL BUY LESS COTTON.
From Financial Chronicle.


Perplexing as the year 1903 has been
to all concerned, the outlook for this
year is still more so. Present indica-
lions point to further curtailment in
the near future, but there are no indi-
cations of any improvement in the de-
mand. Buyers under prevailing condi-
lions cannot be expected to anticipate
requirements to any extent. and the
hand-to- mouth business has been more
prolonged than was believed possible.
Can a material increase in this de-
mand be looked for while the uncer-
tainty regarding the cotton crop con-
tinues, and. while cotton goods prices
are the result of outside speculative in
fiuences, rather than the outcome of in
side market conditions? That the "buIl"
spectators in cotton are uneasy on this
score is shown by the fact that an eff
fort Is being made to educate" the
trade and consumers up to a level of
cotton goods prices consonant with the
price of cotton. This is a foolish UNI
dertaking. There have in the past been
number of instances in the textile in
dustries of manufacturers endeavoring
to raise prices by agreement. None has
been successful in the long run, few
of them temporarily. In none is there
less chance of success than in cotton
goods, and at no time less than at pres
emit. The final distribution of cotton
goods during the past few years has
undergone important changes by the
growth of business in made-up gar
ments and other articles and the de-
crease OF business over the counter "
Thus an advance in the price of the
fabric of one or two cents per yard at
first hands is multiplied two or three
times over before the goods reach the
iinal consumer. and what in the first
case may appear insignificant becomes
formidable in tho last stage of distri-
button. Consumption at home is there
fore now more susceptible to the infiu-
ence of advanced prices than in years
gone by.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06

Liverpool. Jan. 5.-Cotton, spot in
limited demand, IA points higher.
American middling. fair, 7.2Sd; good
middling, 7.12d; middling, 7.02d; low
middling, 6.96d; good ordinary, 6.S6d;
ordinary, 6.66d. The sales of the day
were 1900 bales, of which 300 were for
speculation and export, and included
$500 American. Receipts, $4,000 bales,
including 1850 American. Futures
opened steady and closed barely steady.
American middling, good ordinary
clause: January. 6.91@692d; February
March, 6.S9d; March-April, 6.SSd; April
May 687d; May-June, 6.86d; June-July,
6.S4d; July-August, 6.82d; AugustSep-
TENDER, 6.66d.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06


sacks, See; 00-pound cotton sacks, 37c;
125-poundf baPlap sacks, 45c; 125-pound
cotton sack, Acc; 150-pound burlap
sacks sac.
HIDEs-Market firm: dry mint,
he; dry sailed. lie; green salted,
ekc.
WOOL-Firm; prime Georgia, free
of sand burrs and black wool, nomi-
nal at 21c: black, 1Sc; bury, 10@12c;
wax, 26c taliow. 4c; deer skin. 24c.
Hardware and Building Supplies.
LIME, CALCIUM. PLAsTERs AND
CONGRATULATIONS and Georgia lime
In fair demand and sell at S5Qs0c a
barrel; special caicined plaster, $500
l.65 per barrel: hair. 495c. Rosedalo
cement, 1.2001.25. carload lots, spe-
cial: Portland cement, retail, 1886;
carload lots. &2.00@2.4o.
LUMBER-Market arm. Quotations.:
sawn ties, per NJ feet. s1o50911; hewn
ties (7x9xSik), 42c each: hswn ties
(6xs), 2sc; switch ties. S11.50; minimum,
easy size yard stock, S12914; car stills,
k14Ql6; ship stock 322.
Oil.
Perfection Signal Oil ......."".E2 c
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
NORDEN 4 co.
Point Out Discrepancies Between
dinners Report and Agricultural
Estfmate.

Estimate.
New York, Jan. 5.-The great event
of the day has been the publication of
the ginners' report, giving the amount
of cotton ginned to Dec. 10, reduced
to commercial bales at S,526244, against
1905, 500 last year. Something like these
figures seems to have been discounted
in Liverpool, but their publication here
caused a very rapid advance which at
one time carried prices over so points
up from last nights close, and most
of the advance has been held.
AS there is no way of figuring the
total crop from this report, except by
each individual guessing at the amount
of cotton 10 be ginned after Dec. 10,
it is hardly worth while to comment
on it, but there are two glaring dis
crepancies between the ginners' report
and the estimate of the Agricultural
Bureau that show conclusively the in
accuracy of either one or the other.
The ginners' report gives the amount
ginned up TO date in question in North
Carolina at 502,591 commercial bales,
and in Texas at 2.310, 725, while the es-
innate of the Agricultural Bureau for
the total crop in those states was 1885,
900 and 2295, 000 respectively. The es
innate of the Agricultural Bureau was,
therefore, certainly considerably too
low iii those states, while on the the
DRY false in one, false in all, the
whole estimate is thoroughly discred-
tied by the facts givin by its sister
bureau. We continue to advise taking
advantage of bulges like to-day's to
sell cotton,
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
RECEIpTS AT PORTS.

New York, Jan. 5.-Cotton: Receipts
at the ports to-day, 56.O1S bales, against
81, 1871 last week and 4s,O55 last year.
For the week. 225,00O bales. against
275,179 last week and 2S9,377 last year.
To-days receipts at New Orleans were
22,24S bales, against 1888 last year.
and at Houston, 14,02S bales, against
H. ia last year.
Cotton futures at New York Jan. s.:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06

Galveston-Firm; middling. 13c; net
receipts, 19,02O; gross, 5000; sales,
1873; stock. 1925. Exports-Mexico,
400; continent, S.219.
%orfolk-Net receipts, 1000; gross,
1000; stock, 81, 904.
Baltimore-Nominal; middling, 1850;
net receipts, 9S; gross, 9S. stock, Ass
Boston-Quiet; middlng, 13.2Oc; net
receipts, 290; gross, 5621.
Whining Montreal; net receipts,
S24; gross S24; stock, 9,317.
Philadelphia - Steady; middling.
14.15c. stock, 1893.
Savannah-F'irm middling. 127sc;;
net receipts, $3.50; gross, $3.50: sales.
525; stock, 125.72S. Observation-Disclosures,
1.2SS
New Orleans-Fiim: middling, 1890:
net receipts. 22,24S; gross 22.243: sales,
1000; stock. S79759. Exports-Great
Britain 21,60O
Mobile-Nominal; net receipts, 40;
gross, no: stock. 44,146.
'Memphis-Firm; middling, 1S1sc;
net receipts, 1854; gross, 1882; sales,
500; stock, $3.50.
+Augusta-Quiet middling, 13Ac; net
receipts. 1,57s; gross, 1,576; sales, SIS;
stock, 57,714
Cfsarleston-Firm; middling, 12Ac;
net receipts, 2i5; gross. 2l5; sales, 50:
stock, 1868. Exports-Coastwise 21s.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
RECOUNT SHOWS INCREASE
IN SEA ISLAND STOCK
Not Unexpected, However, by Factors, and Prices
We're Unchanced

The following bulletin was posted at
the Cotton Exchange yesterday: "A
recount of the stock of sea island cot
ton made Dec. 81, 1903, shows the stock
to be 1885. an increase of 1889 bales
over the running count
kunnlng count ...'.'.,...,...,.....S 1856
Add to stock OBSERVATION-DISCLOSURES ,339
Actual stock ..................l21
This increase az shown by the re-
count was not unexpected by those in
terested in the sea island trade. and
there was no change in prices.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
A. q. BAXTER & CO., INC,

Successors to Murphy & Co..
Board OF Trade Building. Savannah.
Private leased wires direct to New
York, Chicago and New Orleans.
COTTON. STOCKS AND GRAIN.
New York Office, No. 81 Broadway.
Offices tr principal cities throughout
the South. Write for our market man.
ual and book containing instruction
for traders.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
NAVAL STORE STATEMENT.

Turpentine. quiet.
Charleston, S. c., Jan. 5.-Turpen-
tine steady, 55%c.
G.. 1920; H, 1925; l, $2.45; X, $40;
M, $3.50; N, $2.95; w. G., $3.15; w. W.,
$3.40.
Wilmington, N. c., Jan. 5.-Turpen-
tine firm at 55c.
Rosin firm at $2.10.
Tar firm at $1.60: receipts, 4S.
Crude trpentine firm at 1925 and
$3.50: receipts, 80.
New Orleans, Jan. 5.-Receipts, rosin,
1856 barrels; turpentine, 81 casks. Ex-
ports, Belfast, resin, $50 barrels.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06

steadied wheat prices to-day, after the
market had sustained considerable loss,
due to heavy liquidation on the better
outlook in the Far East. Only por-
ton of the loss was regained, however,
May closing &c lower, May corn down
&c. but oats showed an advance of 12c.
Provisions were extremely weak, clos
ing 15@55c lower.
The leading futures ranged as fol-
lows:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
DRY GOODS.

New York, Jan. .5.-The weather has
handicapped shipping and has been a
distinct hndrance to the prosecution
of regular dry goods business. The
outlook for conservative trading for
the near future is generally admitted
although the majority are of the opin-
ion that buyers will soon increase their
commitments
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
SAVANNAH'S CURRENT MARKETS

Note-These quotations are revised
daily and are kept as near as possible
in accord with the prevailing whole
sale prices. Official quotations are not
used when they disagree with the
prices wholesalers ask.
Market well supplied;
springers, 3O@35c per pair; three-quar-
ter grown, 40@50c pair; hens, 70@75c.
EGGS-Tennessee 33c.
BUTTER-The tone of the market is
firm. Quotations: Elgin, &c; extra
creamery, 26@2614c; state dairy, 17@22c.
CHI EESE-Market Arm; fancy, full
cream cheese, 131a@13Ac for 20 and 30
pound averages; % to So-pound aver
ages, 1917 014c.
WHITE PEA BEANS-$2. so bushel.
POTATOES-$3.
ONIONS-Native, crates, $1.00;
Spanish, crates, $1.15.
TURNIPS 81. 70 sack.
CRANBERRIES- Cape Cod, $2.75
box.
Breadstun, Hay and Grain.
FLOUR-Patent, 1920; straights,
Sass; fancy. Sass; family, $4O5; spring
wheat. best patent, s5S5.
MEAL-Pearl, per barrel, $500; per
sack, $1.25; Pierce's water ground,
$1.25; city grits, per sack, $1.3O; Pearl
grits, Hudnuts, per barrel, $500; per
sack, $1.25; Savannah Milling Com
pany, meal. $1.221A sack.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
Futures opened strong; closed strong.
SPOT COTTON AT NEW YORK.

New York, Jan. 5.-Cotton: Spot,
quiet, 20 points higher; middling up
lands, 1390c middling Gulf, 14.15c.
Sales, 100 bales.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06

29@30c; prime summer yellow, 361zG
&c; off summer yellow, nominal;
prime white, 39040c; prime winter yell
low, 40@42c.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
LIvEapooL COTTON MARKET.

The market closed firm, the net gains
being So to 50 points.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
THE SPOT MARKET.

The following were the official spot
quotations at the close of the market
at the Cotton Exchange TODAY:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
Opening. Hlghest. Iowest. G

Cash quotations were as follows:
Flour steady; No. 3 spring wheat 75@
361a@36%c; No white, 36A 03719c;
No. 2 rye, Slice; good feeding barley,
35037c fair to choice mailing, 430
4Sc; No. flax seed, 9S1ac; No. 1 North
western, $1.04; prime timothy seed,
$3.50; mess pork, per barrel, $12.75@
1900; lard. per 100 pounds, s6.7O@6.SOc;
short ribs sides Qoose), $6.25G6.50;
short clear sides (boxed), $6.75; whisky,
basis of high wines, 1927; clover, con-
tract grade, SLIPS.
Receipts - Wheat, Sc, 400 bushels
corn, 4O5,O bushels; oats, 27S,SOO bush
els
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06

90 0C6ACE SdOOlAAlC III III 0lllo IL Z
SHOT-Drop, $3.50; B. B. and large.
Bits; chilled. s1.S5.
IRON-Market firm; refined, $2.25;
Swede &C.
NAILs-Cut, $3.50; base wire. $40
BARRED w1RE-ss.15 per 100
GUNPOWDER-Per keg, Austin
crack shot, $3.50; half key. $3.50; quar-
ter keg, $1.40: champion ducking,
quarter keg, 1925; Austin smokelesS,
half kegs, $9.45; quarter. $4.S0; three
pound, $210; one pound, 75c; less 20
per cent. on smokeless.
Cotton BaggIns aud Ties.
BAGGING-Market firm; IA pound.
7%Q8Bc: sea island bagg1ng, 9hQ1Oc.
7%@81ac.
TIES = Standard 45-inch arrow,
large lots. S1.O3Q11O: small lots, S1.15.
TWINE-Per pound, or hank. lao
Ikc.
Bacon, Hams and Lard.
D. S. butts OBSERVATION-DISCLOSURES. On
D. $. plates Observation-Disclosures. Z
Western heavy bellies. ........-..... 8
Eastern light bellies ............. S15
Eastern medium bellies ............ Sh
Eastern heavy bellies ............ SIS
D. S. c. r. sides .................... rs
Smoked G. r. sides ................. S34
HAMs-Sugar cured. 141k@15hc; pic
mics. 73zc.
LARD-Pure, in tierces, 77sc; 30
pound tins and S0-pound tubs; SIC;
compound. in tierces. SIC; 50-pound
tins and S0-pound tubs. &c.
miscellaneous.
FISH-Mackerel, half barrels, No. /,
$1,000: No. 2 $3.50; No. 3, $500; kits.
No. !, S1.4o; No. .. S1.30: No. 3. S1.10;
Goldfish. 1-pound bricks, &c; 2-pound
bricks. Size; smoked herrings, per box,
10000; Dutch behring's, in kegs. $40:
new mullets, half barrels. $4.00
SYRUP-Market quiet; Georgia and
Florida syrup. buying at 25Q26c; sell
Ing at 2SQ30c; sugar house at 1910
1Sc.
HIGH WINES-Basis, 1.27
HONEY-Fair demand; strained. In
barrels; Acc gallon.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
COTTON SEED OIL.

New York, Jan. 5.-Cotton seed oil
was dull; prime crude f. o. b. mills,
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
LIKE RUBBER BALL
COTTON BOUNCED UPWARD AND
RECOVERED FROM SLUMP.
GINNERS' REPORT THE CAUSE.
SHOWED SMALLER CROP OF OVER
100000 BALES THAN LAST YEAR.


100000 BALES THAN LAST YEAR.
Bulls Were in the Ascendent All
Day from the Time That Liver
pool Gave Such n Rcassuring Tone
10 the Market and Closed II
Points Up-SpOts Also Took an Up
ward squirt of lie a Pound. and
the r. o. u. Brokers did Good
Business of 133-S to 1-2 on
Basis of Good MiddIinE.
AT THE CLOSE;
liverpool, 81 points up.
New York, 70 TO 50 points mp.
SPOTS;
Liverpool, II up.
New York, 20 points mp.
New Orleans, 60 to so Points mp.
Savannah - points up.
"Whither wilt thou lead me-"
Hamlet"
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06
Rice Market Continues Steady nj
Quotations.

The rice market was steady, and the
following prices were posted at the
Board of Trade:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-01-06

A miniature bull with head high in
the air, his nostrils dilated and with
a tail that seemed to wag defiance
to everything about him, was the Wis
ion that greeted the members of the
Cotton Exchange just after the open
ing of the market. The figure adorned
the cabinet mantel. and below cleaned
the bright flames that spurted their
red tongues of fire almost into the
face of the bovine king. Just below
the animal, which was a plaster of
paris prototype, was suspended a card
bearing the inscription, 100 cents"
The bull and the inscription typified
the feeling on the floor of the Elk
change, as perhaps no other symbol
would.
1t conveyed in a glance the fact that
the disciples of the "horns" were once
again in the ascendant, and now it
was their time to below.
The day was bullish from the first
click of the wire. 1t was a day that
perhaps was unequalled in the history
of the local change. 1t did not lack
one single incident to make it sensa-
tional in the extreme. All the fac
tors of excitement, nervousness and
apprehension were present.
The fact that the ginners statement
was to be officially promulgated at
noon kept the excitement up to the
tension point until that hour. Added
TO this was the retrospect of the ter
- i
then war clouds that have been how
ering over the Orient for some time
past gave spice to a market that has
perhaps broken all past records, and
written it's name upon the pages of
time.
These were but a few of the fac
tors that contributed to make the day
one of intense interest Liverpool, de-
spite the falling off of yesterday, gave
tone of assurance to the market, and
at the close showed an advance of q
points New York went her English
cousin many points better, and closed
at a steady advance of from rs to so
points. Even spots took on a roseate
hue and cotton here went up 25 points,
or Nc a pound.
The fact that Liverpoors advance
was made before the bureau was sig
aoificant of the frmness of the market,
and it's bullish tendency.
The ginners' statement. issued by the
Census Bureau and posted conspicu-
ously on the floor of the Exchange, as
soon as it was received, showed that
the number of bales of cotton ginned
up to Dec. 10, 1903, was S,S4S.947 COM
mercial bales, as compared with 9,S11,-
S35 last year. Counting half bales the
humber is S526.244 as compared with
S,905,5O3 bales last year, falling off
of over 100000 bales.
Despite the statement, few they are
who believe that the crop will go UNI
der 10000, 900, and some conservative
estimates place it at $500, 900 bales,
based on the ginners report. Almost all
agree that the market will have some
thing tangible to work on, and that
cotton viii get on a firmer basis. 1t
was firmly predicted that accent cot
ton would be realized before the
weeks end. The f. o. b. brokers did
a good business all day. Before 1.-THE
bureau some sales were made on
basis of good middling at 10 Lice, in
the afternoon sales were made at 1880
to 1870, which We're the closing quo
tations. Up to the time of the close
il was a secret who put the bull on
the shelf. but one prominent broker
sized up the situation by saying lit was
a. -N,,Nr