The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-07-22
9RR Cerrew MARKET.
Qasee ind EFregasaF-zoweR Hasiy, Rafaying
LAter-wesikiy Statisties nuilish- -Bos'
eer Weather.

0usoe IA nFroRusas-zoveP 1Easfy, RaIlyinE
LAter-Wesixiy Statistics Hullish--Dct.
Ger Weather. a,
Il was the narrowest kind Of q speculation.
prices falling early. owing to q failure In
Memphis. clear weather on both sides OF the
Mississlppl, some liquidation through various
commission houses and raidins by room
traders. but later on when the selling pressure
relaxed prices recovered the decline. es-
peclally as the stock market was stronger.
the receipts were light, the weekly statistics
bullish and bulls eave support. A rumor
was current that tho bull leader had sold
very heavily Of late and Ia steadily reducing
his lines. This Il questioned by some. how
ever. who think that he Ia for the most part
standing pat. though from time to time giving
support. II Is impossible TO tell just which
view t correct. but one thing is clear. ana
that Ia that II there Is q good spot demand
futures are certainly very duh. The general
dispositlon is rather to hold aloof till the
pSoi aSa t a,s1 scu sR' .o yesterday '''n L''
seems TO us that. considering the 6eaIish
character OF the recent news. the market mas
acted very steady. particularly as 70 the new
OF the largest short interests against prospec.
tive crops that there ever has been oeio,S a.
fn VS. season Sson Of mt ne y .aisiv r as sss sa Result IT Of the
ths. the price was considered q fair one.
While the majority Of Indications continues
to point toward a big requirement. w9ala
naturally cause the covering Of s,s eOms OF M sesSe
while the market 10 already showing resistance
70 pressure. When prices are only 10 or 10 points
doMT ss. from f PTie top e res rsek siedenbure,.
Gwathmey and Norden were buyers; Messrs.
Mohr. Fernie and Springs were sellers shs hs-
einning OF last season the worlds mills had
70 take somethins over Soo. COG bales sd to re- re-
P DlsI y br ta sss "a lsss[y is The s yssn before esn oe Taking
this out Of last seasons figures. IL will be seen
that takinss this season indicate an actual
date. Ks the worlds mills under normal
conditions have taken between July ana
September % about 1.9oS; oo SoS Sa Leo OF x A%eF1-
season iaS veeks, would add ez4 200 bales
e ts sas f S;as sS co S.s Ssls' q sii Il 81 90 ss%t Sales %'t fSs
iso t to Ss more than 10000 Ssles. Therefore.
s E . aSssRs + sS. if:I''d over '0m''. 70
Tho statistieai position a. made up from
the Chronfeis Is as follows:
e. g III I: ; :::: ,S s ;;;:$::| , $ s; ;: ,I E;:E:5 !;
dur DURING voef-.. E.ss es.as it7.oaa
Cotton on the spot wa unehapsedi Ma.
he southern. spo. markets. were unclaimed.
\, Mld isal ss1S aoSiIs. ,iex ii:.i s.s MsM .i 1sSs::
Norfolk, flKo. The movement was as follows:
,,,. .,...,..---.:.! ;;;;'. s: ii
Nemphis.....-........ Ii Y
81. LouiA...-...."." ~
HOUSTON. ..-..-......'.' :" N<Ss
Estimated receipts:
u,u,,, 1 e. : ~ Las Il s.'.' f SIS,
The exports from the ports were !. ee5 bales,
Futures declined s TO 7 points. but rallied
and closed 1 lower to 1 higher, With the tone
steady and the stimated sales $4,000 bales.
Prices az follows:
Hssa- Lon-
,u,y. 81, 100 s o ossSsi r 100 Sio'ss
.lolt 1908 lo1t9io IS y, Eeloie
Decenber.-...ioAi 1873 io4oeio4l TO- .oeioti
Futures In New Orleans were as follows:
Open atss- Ley Sso'- 5r:s
z s:::::::::I:'E FL f: IA e e e
In Laverpool! spot cotton declined I point.
Middltne s.9ed- against $50: last year.
Sales, 1000 bales: imports, 1900. Futures
declined , TO , points. Prices az follows:
satsrday. Frdss. Yeas.
ssptsmSer ocsoSSE.-.s.wS:: eesS... 80
SSy ss %Se E ;SsS:1ssI. ( 49, e 90. ~
~rr. .nwrnny n~xuuUn