The sun. [volume] (New York [N.Y.]) 1833-1916, 1904-09-22

Dese1ep iSS 1850 iS.s1eioss iosSSioSs
March ......iios i0.sa iO,sssiIU io74aio7S
ding SUD against $3.50. last year, sales. 400
bales; Imports o.UU futures opened TO points
men pnces showed rise OF II TO u points for the
folio follows "' @'''' "''' -. 80,
To-day YeseItay 1903: j,
1 ,smS., Sovs meer .t sss ssis
1t was a scramble TO cover among the shorts
In cotton, whose movements lost nothing OF ineir
CELEBRITY from the aggressive buying OF the former
" ali Street leaaer both here anu IN Liverpool rur-
water encouraged bulls as also favorable Man,
clcstcr aIvices, rising spot markets and enormous
mated the crop at Io,OoO ouo bales anu while many
OF tine bulls themselves consioer TINS TOO low the
that another very prominent all street cotton
operator, supposed 10 be pronouncel bear also
BUYING. Wire houses bought freely at one time
though they also sold to some extent on the rise
spot interests both bought and SOLO On v inc so n
the rse rather than bought. stop orders were
the way np sns on IN ne
spot business was reported In parts oi ne south
ne recent very h1sSs s Ssynsa ane
moderately Essn ass o. sss ssss
and have been expecting gradual appre6iat,,on
pus so" IN OF me The
which adopted on the las, two moa,niy Soy 10Y,
these peports overestimaed the condition Of the
crop In a number OF states. especially 10 te1as'
Mississippi Arkansa 9epo Saa due Oct 81
would make some rectlncation OF these 100 opu.
mlsc reports and lead to the d ~ mem OF
crop thah the ,loooooo bale esmates with which
ne trade has been sned s sss, S hs onsSe
Calculation even with late average date OF klll-
and q a, me T sse seaso a9t
s sSGs as Srf fn y bales needed 10 sps!s
from the last four shor, crops IL succession Sc.
we however like many others have been r, sm.
and deyse; S0sins Ess,e,GS nsy,a., ss
Win the crop Just Commencing 10 move with free
dom. That such nuciuatlon as ms tou,o u hacs
the market has been sold out as well as heavily
ovrrsod II. therefore, looks as though the trade
which has occurred in IKE crop situation and out
look since the Government put out It's las' es,i
mated condition of "a per cent IN It's reports u
6aai,l ]. Sully said; "Procras,nation on the
ppai,n OF misteke Of The hour induced by seeming
IL settled conviction that nature is TO deal with
Saanst ,his pocy cannot falI to raise my views
gathered after careful study OF sonT ~ enfne 81
endesvoTs in The past read the
OF various acts OF nature and man on conditions
casion to look hack on the season OF ims o.; ana
gain from II points that may be 'urhco 10 aa'sh-
my !" frequent presentations Of the cotton aucs-
ton 10 American splnncrs are fndered IN rcs pee
Trade ie' and AMI ali Smcr"an Interests Many years Of
careful study OF the cotton on nv
causes and their efrects-haye determined nj ny ny
action in the past The reco,as are SeLe me
my mS' early predictions as 70 cotton conditions and
the prospective crops OF the last two years nave
gwen eH'sns careful arr the suHss, aided
BY every possible Information available; The
T prssssd op %SHse While such
n atertal Is an unpleasant psk: when 1t Involves
less deem it my duty 10 advise American spinners
that the world Is again confronted Win the pros
''' Sr. p,,cs sent GU, the following The advance
ous Distribution Throughout, the south Of tei'eCams
tea say ns on apefSs %se @
him. IL tempted precisely The sane Thing
b. his purchases 10 i0.S2 on tfr list Of September
oily 10 see them sell at a,o on the eth OF october
S dsn sF sayse % dsia ; sns the
given us a clearer idea Of the crop, Ny own ad
Vices do II In dca,e anything more than the aver
ace crop de,etiofau m during the past thirty GAYS.
October condition on record aid crop abundantiy
equal to- II not in excess OF the worlds require.
ments q, prcsent prices:
hut. NJ. Sully has sent circulars broa least. he
is not the only member OF the trade who has. The
bulls are becoming pretty numerous TO; even
though they do not all subscr'6e 70 100000 bales
GHA,Smwhs2t Sn,, vas r, dull ,,c No sSes MA MS2
western receipt, were COO tars. against ss7 laI
week and 36J last year: Chit ag1 bs cars. against
s .S week AID q. oo pn' STss wer s: .s
'' os.n. ~, Lor Clos. Lsn
September .... 1854. iitas 1888 iN iitii
Se'''' lies. isl III iisS is,s
hush Natural white, 50 to s. lbs, 50 10 s7isc.
orn wa, steady on the spot. No, ? MIXED. Sept:
to IT, Sales sSsS' Prices u as toows @"'"
OPEN High Lon. CLOS. Last
No ra, cat. ~, Nioh.
Sc ptemhcr o.. ...-,. 49,. .,.., .,.s III. IS
December .. ......, "a 81 Gas JA b7r
.,...-, Gee. .,,, SO SO
rhe following shows III. grain movement
; N,M YORK. Ws s, rG,% a ~, "~ barley
Receipts ,,. ,isoo $4,000 $1,000 1000 10000
7a,oo, 7aaoo -n,ooo icoo 5000
RunAlo,
Receipts, ,.,.. 90. JSonl r.. 90,
A0p1 5000 n0D o..
Wheat vas lower oil warmer weather than ex>
pecttd. lQHer foreign markets and liquidation
~, heesne stronger for time later on, esuly
liverpool ran up i'le, from the bottom price Of the