The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-08
ENGINEERS.

in ante Of the fact that the spot business in
Liverpool is on an extraordinarily large scale,
that Manchester Is active and very strong,
that domestic manufacturers are IN many
cases sold ahead, that the Southwestern
movement OF the crop is beginning TO fall M,
that the crop preparations in the Atlantic
az nj ca are backward and that rains in the
Southwest are also delaying crop preparations.
Spot houses continued to buy and rnmor'
were still rife of q large spot bushes in
houses We're buying and IL some of The lead.
ing local bulls sold from time TO- inc they
also gave more or less support There were
ofIerinn print cloths at some concession It
would be rather strange II the recent decline
in prices had no eieGt +h %hddt erN nd o (or r1 ,b !
fabrics seems 10 be brisk enough 10 keep
prices comparatively steady.
/ market on the part of the outside public.
| Without this the speculation must continue
what are popularity known as scalpinG mar
The Iansdale and Knight companies I, is
said are Th TO cut shee caTsed aa a eoo r%nS deal na'' q
SMILE Miller 4 Co, said; OF course, it is nc, sur,
prise that mills should reduce. prices Of the
manufactured act icle, after the decline q
2 cents per pound in the raw material. S'ill,
such outs are not Th %he mprEst 70 for .ne a 1 Iong INN M
has felt that a general reduction WAS newt
able. and the sooner now il is brought about,
and the dry goods market reestablishCd on
a stable basis, the better il will be for all con.
cerned. One of the results OF the reduction
will be a big incr ease In jobbers orders. since
consumers have been holding or, awaiting
| lust such lower prices. The net decline on
the day is only seven points. WHICH would
seem to indicate that raw cotton itself rests on
a sound foundation, as the market. was, called
upon to absorb an immense quantity oil SNORT
sales as well as the liquidation OF some large
Messrs. Springs, Dick, Hubbard, Hent1
! and Ray we're sellers. Messrs. Weld, sieden-
burg, Mitchell, Rich. Mohr and Norden were
/ buyers.
Dick Bros. It Co. said: We expect 70
tendency for the time being is distinctly up
ward. We can see no signs that spinners
are we'll supplied with cotton and, we do know
that they are booked ahead for six months 70
report many mills buying from hand to mouth
with only weeks supply of cotton in a nnn-
Der of cases. Our Liverpool advices say
that spinners' stocks abroad are small ana Ne
can see no reason for any abatement in the
uemand for actual cotton. 1t is, quite true
that an advance based upon trade demand
alone is gradual and at times hesitatlng., i
has nothing of the nature OF a rampant pun
movement produced. by excited speculation,
but in the end achieves more satisfactory
results for those who have the patience ia
follow it. AT the present rate at which cotton
Is being consumed we can see nothing hut a
negligible supply at the end of the season,
and Il would require nothing, more. than q
wet and backward spring to bring into ille
! the speculative buying the absence OF when
many now profess to consider a drawnacR
| TO higher prices. 80,
Cotton on the spot declined points, Mid
ding. Tl.25c.. against 7.9oc. last year; New
Orleans and Gulf, II Soc. against. S.l5c. NJ
sales. The Southern spot markets, were
generally quiet and UNCHANGED The fe'