The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-01-08

fututcS IN new orleans Wcfc as loNOWS'
Open nigh Lou Clos Last
SSy.:: IS IS Il Il IS IS s SSi l3
Futures here closed barely steady at net de-
Highest. Lo,pcs, CloSinG Last NIGH.
:;si ss;:i: :!# !:
SsisSsr fsS 4s$lsa 4sisS
Middrng. $500, against .aad: last year. sales:
1000 bales; imports 1900. Futures declined ,,I
To-day. Yesterday. 1901
H:$ "A; $s as' IS 7''' |$ $;
1t was a narrow cotton market In which there
and pces aSeo1dnsy dedned more sspseia
as Liverpool. possibly under the manipulation OF
idea is that some OF the leading members Of the
bear party have been manipulating liverpool and
taiInr covering Of contracts in New YORK, il not
elsewhere Meantime. the sheet anchor OF the
This is undoubtedly strong. or, Al any rate.
looks strong to the average Individual II is
hold back cotton Leading bears sold here to day
quite freely but German houses bought to some
Theodore IT, Price said The so0oOoo bales
which the farmer has already sold at 10 cents hay E
charges and the profits OF Intermediates, II cents.
1t viii thus be seen II II practicable 10 force
manufacturers into purchase OF the balance OF
this crop n, current figures. which is practically
at the mills, the average cost OF this year
production 20 thr splnncrS would be approximately
10 cents price for which the goods market affords
no justification. and Will, venture 20 say, afford
no Justification for the next two years.
sellers included Mcssrs ATTAIN. price, Weld
aud Dick; buyers. Nordcn. Gruner. Mcfadden and
Baily & Montgomery said: we have before
referred 10 the very large amount OF cotton TO be
such being the case. 1t does not seem probable
that Southern holders would IN the near future
The meeting OF cotton growers and glnncrs to be
held In New Orleans the last week of the present
lutIons on Tie questions 81 holding and planting
as TO create strong feeling In favor OF bulllng
repor, OF the season which viii be closed nine days
hence, and Issued later on causes concern TO some
fear the sentimental effect of shelr publication
The market Just now lacks much rnap. but we SIN
spots Ia most likely TO prove the safer course in
market operations. One of the most encouraging
the market has been hardening In spite OF he
certainty OF immense crop. and timidlty on the
Under these circumstances short selling has be
come unpopular and the trade generally is dis
wcskens."
Monday will be holiday in New orlcsns-nn-
j. s. Bache & Co. said "Advccs from the South
reported YER, Arm holders and ittlo or no spot
futures market, and until Southern sellers
Offering more lberally Il would seem that ans
and would therefore be followed BY prompt &c
oovery unless the break brought out more spot
remaining TO be marketed IS so large that pun
chhscs for anything more than turn are mcnacrd
able that Il would not require much additional
advance TO bring out some holdings. Pending
ern holders Il does not look likely 10 develop into
runaway market either way and scalplnE opera,
sharp hugss or OF purchases any sharp break,
would seem fairly conservative and likely 10 prove
whes,-Spc w was dull D' 70 sales No
rec 'y We're 81 cars, ssniu. 81 last week and
5Ss ast year chicago. q cars. against 10 last week
md ~ last year Futures closed &c to &c. higher
Sales. 100000 bush. Prices as follows:
9g1s"- High- L9'- C 55o J Lss,
Nsy ~, I ds ii55ss 49,: I l5s
oats were dull On the SPOT; No sales. Natural
w wo w s 20 sec com was was Gae on Inc sp S
Sales. 5000 bush. No. mixed In ELEVATOR. aa'fc.
Futures were nomlnaliy sc higher. Closing prices
as follow.
' no. Ni5 IT,
MAY. ...... sos. so
The following shows the grain movement
New York Wheat corn Cat, Rye. Barrier
R R16oT3s S'''' ' d.s3s So So @ $500
1909 :55S ss;Sss 1900 1899 ssSs
Buna,o' ,,ooo ooooo ,,eooo
The generality OF wheat traders were disposed
to hold aloof and await further developments to-
day and tho trading dull and fcaturcless, while
sort. At ono time there was slight decline on
liquidation here and at the West. and the duness
somewhat stronger owing to the iishtness Of the
cron movement and more or less support from
wall Street and Chrago bulls. The fear OF bull
continues 10 check short selling.
The Northwcs, reported a good nour, demand.
Kansas Nity Advices state that the receipts there
lrSs han the local requirements and shat stocks
are being drawn upon ny mllers. The worlds
bush Paris declined 70 cenimes while Liverpool
advanced i.d 10 Nd. and London was unchanged.
Armour brokers were selling corn at the West but
their offerings wer- taken by Psien' Updike and
FlouF. null and steady. Sales. 5000 bols,;
receipts, 1,eis bhs. Exports. io,iea bbs. Winter
81 rive nour s4soGsS
No sales 500 bags ssvanIiia Futures closed
unchanged to polnts higher; with the tone steady
n and Hamburg - pfg There was a holiday
In Brazil. Prices here as follows;
Htosssa Lo.ca cIo,Iluss: fs1 stsh,;
s!s:s:, "A e: e; & &
coffee vas dull. with slight change. Some
months advanced slightly on bull support and
7.
hu, had no effect There was holiday 10 Brazil.
NAVAL STORES Spirits OF turprntine. $50 h3ac
Common 20 good strained rosin s. .s2i3 Gt3ss
PROVISIONS. Pork was quiet AZ $50 si3J0 for
mess. Lard was dull prime Western, 81 refined
Continent $40. South American f.75 Tniow
1Ac. Dressed hogs, o4G7c. Dutter-Creamery.
nrstS. 2Sc. Eggs Western, nrsS. &c Chicago
Jan AFTER starting arm. the whole list declined
The hog market VAS shade higher
on receipts OF 1000 Estimated for Monday
So 900. for all nett week. 275.00o"
SUGsn-Raw was hrm nj 4 20 &c. for centrf-
fughl 90 test and 10 &c for muscovAdos 80 test.
Renned was In moderate demand and nrm' granu-
lated. b.Tbc
CHICAGO. Jan. There were ;o-dAys prices
opsn- HIGH Lotp- CLOS Lest
wh'df ,ittnsl III ri H. ,77ge; Night
July "........ eS's % osls ss's osA
Isn .,,....... ~ ~ ~ q. na
July .......... az. Is 'ei IS ,''.
Odr,
siy:.:..:..... 81 So; 81 ~ 81 s 90.