The sun. [volume] (New York [N.Y.]) 1833-1916, 1904-09-27
COMMERCIAL.

COMMERCIAL.
Cotton Deciines-LiyerpOol Weak-Hc-
ceipts Large--Weather Favorable
Shorts Cove on the Decline-Grain
Lower-Liquidation by FIRED Wheat
LonEs-Conee Easier.
MONDAY, Sept. 2e.-CoTroN.-Spot cotton
declined 20 points. Middling, llo. against
II .25c. last year. New Orleans and Gulf. IL .2Sc
against 1880 Sales. 100 bales for spinning
and 400 delivered on contracts. Galveston
and Savannah declined xc.; New Orleans,
| s-Iec. Galveston and Mobile. 10 9-1ec. New
| Orleans, l0Hc.; Savannah. 1910. Memphis.
lie. Sales: Galveston. $50 bales; New Or
leans. 2eSes: Mobile. 400: Savannah. 1885;
Memphis, 600
The receipts to-day were as follows:
Port receipt. ........ 's ~! issss Ss,Sss
A hsSSs. s sss % i;;s
st. Louis 80 -. IL, 10
Houston .................. le.slS ll.oeA H'o'
Estimated receipts: am,
Houston ..... q StsSsISs = Hill sss,
SsN Sfieaa. i iass i isS:s
Tae ,o s1PS ss% 10 efei Sln
fUssIe sna d Sss o9s ss sers ss follows
oP as Htss- I t9 Co. no. N Rgs'
s ss,ss.e ss9 IS IS; 81 So !$s
:ss$s'' $i $:s 81; 81 81 is
70 y esn asI' Pfsss ss
A.Sst LG Ssi sssSss sts
S7 i iSs i iSs.sSss S SsssSs
In Liverpool spot Gotten %, declined 10 points sss
i % ii points and recovered to Of the loss
r''''' -' ''' To-day Saturday 1907,
ssPssm mssE october So IS ssssss
%,,sS 81 e. : s'l$ss
Despite favorable weather. an UNEXPECTEDLY
assns In o as snd 'd G
cnins spot markets and certain amour, tqaids,
Is il the WAL M Sy n
soss Se s sSqsa ,h hsay ss
moathIy soyeImen. ISpSr may be nsss
tha. the bull leaders sod niue q none Room
aeps s o shs a e IN m aos o1
ths, the The decline would 60 much further than u
inc s s,ocs n. World tfe over sre small said that
Mancheters supplies Of goods are low ana wa. a
many OF the shorts to take profits and await events
sde AZ The same time favorable weather and
the large receipts tended to discourage aggressive
70 ss ss'Gp ma,9 ,.g IN .s ns
The az r for sns sr sn until,
came up on the ah sth 9th and 10Th days q June
ia de .1o% s.i S sc @s
time the rains came Il was too old and frutea 20
late cotton when the summer rains came II DID
81 and M sss @ e
q ane crop With continued seasons and late frost.
IT se 5r Is. ap ais S.y
have my ACRES y SSs,oa and aIy ffSs twenty
bales. Now see not over twelve bales. regardless
Of frost J.. ,,ou, III. condition Of the crop in this
county. We will no; get any more cotton this year
than and last year We only n SG eosoty snd
ao s,s' t. the s ssa,e : : %Sse Se,ses
Miller Co. said: The weekly weather report ,
i Has from sbs veIass sendiiicns the Ess,
that M he IN
becoming apparent, and that the report VIII neoes
s ' r. the nd
al the moment Is the srot situation: i dep.nd
ported BY rnanipulation. that futures can be held
asressrded but n when spot buyers hold on
weight Of the movement becomes a menace and
coh,inuSo oo uh'h 'S''..s eF~' N~N ~
+. 4. Mcintyre Co. said: THE more oonserva.
tive traders look for any big decline at pres
emit, as spot markets continue too strong and the
warrant heavy selling at this time Of the year
Most OF them bearish and they sell on every
bulge, but quick to take prohts on declines.
and will continue to pursue this policy Is long as
the dry goods markets continue quiet and 1rost
holds on Most traders were disposed TO even up
on the market to day In view OF the uncertainty
as to what the weekly Government weather and
crop bulletin may have to say TO morrow. ana the
stiff greater uncertainty as regards the character
OF next weeks regular monthly estimate on ne
culture. We md only q few outside Of ourselves
who are looking for decline Of over 10 points In
the condition In next months Government report.
The majority rather disposed TO be still more
occurring in the cotton belt earlier than last year
and the light stocks everywhere abroad and among
the milling centres throughout New England as
indicating spnners necessities and causing large
consumption this year TO meet the worlds require
ments." ...
Tupelo Miss.--"Reports no top crop exaggerated:
farmers admitting turnout much better than e1
pected. Look for heavy movement next week,
Spot demand weakening" Waco, Tex.--Spots
sonnu. soft also spo.
Crop being gathered in fine style planters willing
sellers Export demand moderate" Temple. Tex
Receipts TO day largest In ten years Same re-
ports come from all over this section. Texas has a
GRAIS,.,whest-spot was quiet. Sales. q. 600
bush. mainly for export al the outborts. No.
red winter, ic over New York December: No, 1
northern Duluth, sa1c over, The Northwestern
receipts were against vi last week and sos
last year chGsgo % {. rs against 70 last week and
Der and 2sc. on other months. Sales, 900
bush. Prices as follows: