davidaulloa/AmericanStories huggingface dataset:
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22

con arrtglo los metodos amerie amos
de negocios, estIends cadA vez mas ell
radio de Iu acci6n en- 81 pals, preItan
do { este grandeS bsnefcios.
Pronto nos ocuparemos sxtensa
ments do esta indusiria y de IuS de-
Sarrollos en- San Juan, Ponce, Ca
guas, Atbonisc, Caysy, Comsrfo, Be-
yam6n y otraS .losalidAdss tabISa!e'
rAa.
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22
Eduardo VII a Constantinop1a

Scutar, Mario 22 Corren insstentes rumores de que
de Turquia resldencia de Constantnopa Sc atri
buye gran transcendenca este acto por inAuo
que puede tener cambio de Ia potca turca aora
cas por complete subordinate al ascendene del empera.
dor Gullermo Los REPORTERS no han podido con6rmar
la exactitud del rumor circulante
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22
ASuntos de Marruecos

Londres, Mario q. La question marroqui sigue en-
gua suacion que aver En- Berlin parecen manestarse
ncnacones transgr e derecho de Franca organi
zar oomandar pocfa dc Marruecos En- los cfrculos
ben lnformados de Londres Washington Sc tenen espe
ranzas de un acuerdo pr6xmo sendo opsmsta predo-
nina por todas parties
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22
Vista real suspendida

Madrid, Mario DEL IMpARcIhL de hoy anuncia
que por causas mperosas e rey Eduardo VII ha sspen
dido su vista aquea capital posponendoa para Ell mes
de Mayo Sc asegura que esta resolution no obedece
tvos poltcos nj dplomacos sino la necesdad de que e
soberano nges parta haca Gea para esperar ALI al prn
cpe de Gales que regresa de la india.
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22
La huelga en- Courrieres

Paris, Mario q -Contindan aumentando los des6r.
denes ocaslonados por la huega de CourreresPaso de
Caa-Las tumultuosas Sc suceden casi sin nte
rrupclon, estaando dversos paraies la yez
Las topas permanecen acuareadas pero la poca cargo
varas ocasones sobre la muchedumbre que ntentaba
resls que Sc negaba dlsoverse Hay mucho muertos
y herdos entire los mneros amotnados
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22
Tetnblores en- el Tapon

Toxic, Mario 22.-Com unican de los puertos de Osa-
ka Yokohama que esos puntos en- toda la region del
Sur del Jap6n enten acuddas de TERRA que concden
los terremotos de Formosa Hasta hoy no exise pe
gro aguno pero empeza cundr aarma en- las cudades
muchas personas emgran haca el interior del pals
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22
ADHtSI0NES POu7|cAS

Corozal, P r. Mayo 10 de 1908.
sr. Director &c LA DEMocR CGA
San Juan.
Sth1r; Hssta sl diA dc hoy he
bfamos 6gurado en- las alas del partido
republicaro, de las euales desde este
momsnto nos sspAramo', hsctendo
nuestro iDgrsso con el mayor entu.
Sis'mo en- 81 Partldo Union dc Puerto
Rico,
Muy respttucssmeote,
Ramon Mornro Torres Carmen
Nsg'6n = Rogslio Nsor6n, Juan Dioz
Antonio DtOE. Miguel RoSado. = Pedro
DtOE.- Juan Arroyo. InOceacto AFRO
yO,- E,StGquio LlvslO. Jose Lozada.-
Juan Rodriguez.
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22
FL COBRt De MEJ|CO

Dursr ts el mes de Diciembre de
1905 kexlcn export6 { los Estados
Unidos s 052, ,OS7 lihraa de cobre.
En- ell psrfodo CO Tres sfios &c hau
reclbido aqrf las sigaisntes cAntida
deS de cobre, prt csdenie de Mexico.
1908. SS.3t1, 100 lbs.
1904. 81, ,695, ,593 lbI
1905. 102. Gle, ,3l3 lbs.
El cobre manufacturado duraute
ese miamo periodic en- los Estados Uni
dos , reembarcado para Mexico as
csndi6 q 10 aiguiente:
1903...,,..,..,.....,1 166. 283
l9O4.",...,........,.1 191.429
1S0o. o.r,...,.,,,..,.,. 2l0 1853
Las cIfras antsriores demueutrau
con que rApideE Auments ell comsrcio
entire los dos psi'es meuclonados
La democracia. (Ponce, P.R.) 1890-1948, 1906-03-22
A IA AB0uc|ON De IA {SILAv|TUD

Con Ia dyuda de Dios, el Oesano
Cruza 10 libertad grave ssrens,
Yrcmpe del sselavo ls cadena
Con aplauso del pueblo caatellano.
FL trafCante vii deasnde on vano,
De lordida ambiei6n sl alma llena,
La sSSlAvitud odioIA que condsna
La fe gIgants del progrsso humane.
MientraS spela Al nAolonal decoro
III que pretende conIervAr con saha
La aangrs eselava que CONVERTS en- orc,
La santa Carload, que no Se ergsna,
La Vcz escucha, conteniendo el lloro
Del negro llbre que bendiCe & EspAnA.
, Victor CabalIerO y '
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
ROUND LOST IN
SPITE OF CONTEST
Rrket Was One of Uncer-
tainty and Hesitation
} CONSPICUOUS FEATURE
pectations That Mining Dispute viii
Come to Head This Week
Had Influence on
Market.

few York, March 10.-Prices of stocks
/ ground today, although there was a
position to contest the reaction in the
ily part Of the session. The prevail
tone of the market was one rather
uncertainty and hesitation than OF
N decided tendency The opening
ength was fairly general. but there
g no conspicuous feature in the mar
ome special strength in Norfolk and
estern was attributed to the advantage
+ position said to be enjoyed by the
Al mining interest along its line in the
Pnt of the threatened strike of bitumin-
IS miners. The renewed weakness in
.nsolidated gas was the first unsettling
lluence on the market. 1t was after
appearance of the bank statement
at the general downward tendency de-
Hoped. The recuperation of the sur
is was not as large as had been hoped.
is was due to the heavy decrease in
sh reserves which reached nearly 3d.
900 against preliminary estimates of
ly about a million. This may be due
rtly to the fact that the 50, 100000 of the
vernment deposits with the banks,
lfch We're made late in the week, would
Eect the daily averages for only part of
e week. But there we're also discrepan-
Is to be made up from previous bank
atements which had reflected only part
the cash losses indicated by the known
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Ware & LeIand's Cotton Letter.

After a very dull and one of the most
lifeless cotton markets we have had in
some time during the greater portion of
yesterday liquidation started just before
the close last night that changed the en-
tire complexion Of the cotton market in
very short order
1t will be recalled that when July adj
vanced to 1897 and failed to work over
Il cents we stated that this failure was a
distinct disappointment to those who were
working for a more active speculation
and a better demand at those figures.
Prices broke back In way that was
very disturbing to those long Of futures
on the theory that higher prices could
be realized and this soon made itself
felt
Last night holders attempted to get out
Of some of their cotton, It was found
that there was practically no market for
ii and the effort to realize broke prices
sharply so that this morning when Liver
pool came s points lower instead of 3
due the local market broke to 1857 for
May and 6S for July before there was
anything like generous buying Through
out the morning the market failed to rally
more than 2 or 3 points and this in itself
was discouraging development.
1t looks very much as though 1t would
be extremely difficult to get anything
more than a rally now, unless we have
some new developments In the way of
bad weather and unfavorable planting of
the new crop or something at present
Unforeseen.
In other words prices are high and the
tendency of the market seems TO be DOWN
ward.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
WEEK END FIGURES
SOMEWHAT BEARISH
Cotton Opens Easy at Small
Decline
DEMAND AT LOW FIGURE
Rallied Couple of Points From Lowest
In Middle Morning, But Continued
Nervous and Unsettled
During Session.
DEMAND AT LOW FIGURE

New York, March 10-The cotton mar
ket opened easy at decline of to 10
points. and sold about u points net lower
on the active months during the early
session under room pressure and scatter
ed liquidation which was promoted by dis
appointing cables. rather bearlsh week
end figures. and continued good weather
in the south. At the decline there was
considerable demand for covering and the
market during the middle of the morning
rallied couple of points from the lowest,
but continued nervous and unsettled.
Receipts of cotton at the ports today,
1880 hales against 1902 last week and
20,4S4 last year
Receipts for the week (estimated), co.
900 bales against 1O5.2s1 last week and
150,175 last year. Today's receipts at New
Orleans. 6519 bales, against 1922 last year.
and at Houston, 2693 bales against 1855
last year.
New York Cotton Futures.
New York. March lo-Futures opened
easy and closed barely steady. Quotations
ranged as follows:
Onan TTtgh Low (,iose
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Coffee Market.

New York, March 10.-Spot Rio quiet;
No. I invoice, SIC; mild quiet; Cordova,
914q12sac.
Futures opened steady at unchanged
prices in response to steady European
cables and private cables from Havre
that the market there was Influenced by
reports of crop damage owing to rain in
Brazil
Trading here was very quiet. however,
and with little buying power in the mar
ket prices sagged off under continued
liquidation with the close steady. net ur-
changed to 10 points lower. Sales, 10000
bags. March, 6.75; April, $50; May. $500
sos; July. 7.O5a5.lO September, rs; De-
cember, Z. 450D7 so; February, 765.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Abercrombe & Co.'s Market Letter.

The feature of the week was the large
spot business at Liverpool $500 bales
against 51.000 bales last year, but it is
more remarkable for prices to have de.
clined in the face of such demand in
the English market, May contracts clos
ing at 40 today compared with 10 90 this
day one week ago.
The movement to market kept faith with
moderate crop ideas. the week in sight
figuring 1872, 900, last year 22s,OO0, and virtu.
ally served notice that the amount ia
come forward week by week hereafter
would be much less than the amount mar
keted during the balance of last season
In other words the movement points to a
commercial crop of about 107JO.sa0 bales
which figures will probably he confirmed
by the final census report on the probable
size of last years crop to be published
on the goth instant.
Such a supply will hardly meet the re-
quirements of the present season unless
spinners be influenced by the extensive
preparations are that being made for the
new crop and withdraw from the market.
except for only what be necessary.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11

Cash quotations were as follows:
Flour-Dull and weak; winter patents,
50 5OQS 80; straights, SO. sO@3.7o spring pat
ents, SO 6Oa9 80; straghts, 50. 4O@s.6O; ba-
kers. 80 20d3.
Wheat-No. 2 spring. 751sa7Slsc; No. 3,
7S@7sc; No. red, 7sh@799s
Corn--No. 2, 40s4c: No. yellow. 41c.
Oats-No. 2, 2911c; No white, ale; No.
3 white. 29d81l4c.
Rye-No. 2. 5sc.
Barley-Good feeding, 97dS7i4c fair to
choice mailing, 41@50c.
Flax Seed-No. /, 81 .07la; No. l north
western, $.121z.
Mess Pork-Per barrel, SIS 55q15. so.
Lard-Per 100 pounds, S.6Ik.
Short Ribs-Sides, loose. IS .00dS.15.
Short Clear Sdes--Boxed IS. i0aS As.
Whisky-Basis of high wines. $1.2S.
Clover--contract grade. s1S.75.
on the produce exchange today the
butter market was steady creamery.
1cq261sc; dairy, 15@2sc.
Eggs-Easier, 12ikc; hrsts PFC; prime
firsts, 131kc; extras, 15c
Cheese-Easier, 11%12c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Southern Railway Co.
Schedule in Effect Februar II, 1905


Trains leave Birmingham as follows:
$40 a. m.--No. 3s, for Atlanta, Washing
ton, Baltimore, Philadelphia
New York and the East Pull.
man Drawing Room Sleeping
Car, Birmingham to New
York. Dining car. Blrming-
ham to Atlanta
500 a. m.-No 10, for Montevalo, Ma
plesyille, Selma and way sta.
lions.
i2:25 p. m.-No, So. for Columbus. West
Point. Wlnona, Greenwood
and Greenvlle: also Sheffield
| ana Florence and North Ala
bams points.
$40 p. m.s-No. 10. for cordova, oakman.
Corona and way stations: alss
Blossburg.
b:6 a. m.-No. % for Admission. Tefin and
way stations also Rome Ga.
$50 o. m.-No So for Atlanta. Charlotte,
Richmond Washington. New
York and the East. Pullman
Sleeping Car Birmingham to
Richmond ga
l:O5 D. m.-No. "a 4-nniston. Atlanta and
way stations; also for Jack
sonville and All Florida points
also Talladega. Ma.
1920 D. m.-No. 81, for Columbus. West
Point, Winona Greenwood and
Greenvile. Pullman Drawing
Room Sleeping Car -Birming-
ham to Greenville.
1915 D. Irs.--No. q, for Selma, Mobile and
way stations. Pullman Draw
ing Loom Sleeping Car Bir-
mingham TO Mobile
II 80 p. m.-No. 98. for Atlanta, Admission
and way stations. Pullman
Sleeping Car, Birmingham to
ATLANTA. Sleeping Car can bs
occupied at Union station $3.50
p. m.
For detailed information and sleeping
car reservations apply passenger office.
! Morris Hotel Building. Telephone 1861
Bell and 617 Peoples
]. N. HARRISON. Dist. Pass. Agt-
r. b. CREAG. Trav. Pass. Agt.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
THE LOCAL MARKETS

2 The Birmingham cotton market showed
no change yesterday. Good niddling
closed at 1924 cents with no receipts
The produce market yesterday was firm
and active, a good city trade prevailing all
day. The shipments were small as is al
ways the case on Saturday. The scarcity
Of fancy sweet potatoes has caused an
advance of % cents per barrel. Otherwise
the quotations are practically unchanged
About the usual amount of Saturday
trade prevailed in the grocery market yes
ferday.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
LIVERPOOL COTTON Market.

Liverpool March 10.-Cotton spot in
fair demand; prices points lower Ameri,
can middlng fair. 6.36; good middlinf
602; middlng. 5.S4 low ordinary $50;
ordinary. 5.3i. The sales of the day were
10000 bales. Of which 1000 were for spec
ulation and export and included 800 Amer
lean Receipts, 5000; no American. Flu
lures opened easier and closed easy
American middling g. 0. C. March 5.66:
March-April, 5.66; AprilssMay, 5.6S; Nav
June, SO; June-July 5.72; July-August,
574; Augnst-Septembe 5.71; September
October, 5.57; October-November 1852; No
vember- December, sol.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Live Stock Market.

Chicago. March 10.--Cattle: Receipts,
300; steady. Beexes, SO .9oaI6. s5; stockers
and feeders. 81. 75Q4.75; COWS and heifers,
81. 60d5. 20.
Hogs: Receipts, 1900; estimated Mon
day, 10000; slow. prices steady Mixed
and butchers. $6@6.s5: good heavy, 81. Esq
G.S5; rough heavy. sseI6. 90 light. $685.;
pigs, s5.75ai615; bulk of sales, So. 20n6. 30.
Sheep: Receipts. 1900; market steady.
Sheep, So. 40aG 10; lambs, s5d6.sO
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Local Staple Groceries.

Sngar-Granulated 5ci 7. G., 41ac.
Flour-Fancy patent, 500; standard
patent, SIS. %; straight, $3.50
Coffee-Green. 11@l3c; Arbuckle's, 800;
Porto Rico, $1555
Meat-Dry sailed ribs. SCI dry sailed
rib bellies, 9c; extra clear. $40; hams,
fancy. 131ac; mediums 12lhc; bacon bellies,
11hc; California hams. sAc.
Lard-Leaf, &c. compound lard, 6A47c.
Molasses-C Centrifugal. S0a35c: sugar
house soc; Georgia cane, Sac.
Beans-Navy. 1925 per bnshel; hand
picked Lima, 7e
Grits-s2 pounds. s1.65.
Meal--"Jim Dandy" s1.10.
Maearoni, &c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Dry Goods.

New York. March 10.-Dry goods for
the week has shown strength and an
advancing tendency in all fine yarn pro-
ducts. The close today was weaker in
bleached goods. and wide cloths OF print
Cloth construction. Narrow print cloths
were held firmly with more inquiry. but
little spot business was done. The mill
continued to be sold ahead for four to
six weeks
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Bonds.
Money on Call.

New York, March 10-Money on call
nominal; no loans; time loans steady;
sixty and ninety days, oh per cent; six
months. 5Hm5la per cent. Prime mercan-
tile paper 5d51a; sterling exchange steady
with actual business in bankers bills at
ssS5. a9a 4s5 80 for demand and at sfs2 .15Q
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Cotton Seed oil.

New York, March 10-Cotton seed oil
easy: prime crude, f. o. b. mills, 25m26;
do. yellow. -31A0s11s. Petroleum. quiet
refined New York. $3.50; Philadelphia and
Baltimore $7.55 do in bulk, A.s5. Rosin
dull strained. common to good, s415. Tur-
pentine steady, 72Q731z
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Metal Market.

New York, March 10.-There was no
change of consequence In the various
metal markets, and trading was quiet In
the absence of cables. Spot tin Is quoted
at $3Gdp36 20. Lake copper is held at SIS. S7ls
@1S.75; electrolytc IS .121k@1S 80; casting,
$1S41S.25. Lead unchanged at So. 3oGo. 45,
and spelter at Sc. 2Oa6. 30. Iron quiet at
recent prices.N
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
New Orleans cotton Market.

New Orleans March 1o.-spot cotton
dull, weak and lower Sales, 1850 bales.
including $50 to arrive. Quotations for
mlddling lower grades. reduced 1sc: high
er grades reduced Lice. Middling, 10 11-16.
Futures influenced by unfavorable Liver
pool conditions opened to points down.
and continued weak to the end of the half
holiday session, closing at the bottom
with net losses on the active positions
at 10 to IL points. Trading was light.
New OrIeane Cation E,,t,.,.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
cIearlnas and Exchanae.

New Orleans, March 10-Clearings, 81
sei, $50 New York exchange 81 per $1,000
premium. Commercial 25 cents per $1,000
discount.
Memphis, March 1O,-Clearings, sS271s7;
balances, s127, 767.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11

Chicago, March 10-A sharp bulge was
caused today in the local wheat market
by the government crop report which
showed the farm reserves of wheat to
be less than had been estimated The adj
vance in prices was well maintained and
the market closed strong, with the May
delivery %dMc higher. Corn showed a
gain of 1hc oats were up h@14c Provis-
ions were a shade to 10c higher.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Naval Stores.

New Orleans, March l0.--Naval stores
steady pitch. $225; pine tar, s4.75; coal
tar, $3.50. Rosin per barrel of ESQ pounds
A, b. c, d. e, f. G. $40; II, 1925; l.
s455; X. $500 NJ. s545; N, $3.50; w, G,
500; w, w $500. Turpentine, firm, esA
Savannah March 10-Turpentine; firm
20; sales Al; receipts 1lS; shipments 1903
Rosn. firm sales, GIG; receipts, ga;
shipments, S16 stock, r3s 400 Quote:
A, b, c, d, Il, f, G, sale; H, s425; T.
1885; X. $500; NJ, $5I5; N, $3.50; w, G.
500; w. w, $500.
Charleston March 10.-Turpentine and
rosin nothing doing ~
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11

4s2. 25 for sixty day bills; posted rates,
$4SS@4s31a and S4s61s04S7. Commercial bills,
S4sl1s@lS2. Bar silver, 625sc; Mexican dol
lars, 4siac Government bonds strong.
Railroad bonds irregular.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Loveman q Co.'S Market Lette,

The week closes with the market In con-
troll Of the bears. The climax of the re-
cent advance was reached last Wednes-
day when May contracts sold as high as
1l01. Proht-taking on large scale set
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Treasury Statement.

Washington, March 10.-Todays treas
ury balance. exclusive of the gold re-
serve. shows: Available cash balances,
s15s,4S1, PSI; gold, s7s946, 4oS.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Seaboard Air Line.
chicano ,channe.

Baltimore, March Dashboard Air Line
common and preferred nothing doing.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
New Orleans COTTON Futures.

New Orleans, March 1o-Cotton spot
closed steady. Sales 1850. Ordinary.
1876 good ordinary. 9Is; low mlddljne
TO- middling, 10 Lilo: good middling, II s-16;
middling fair, II 9-1s. Receipts. G5i9: stock,
i ae4 or
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11

IN at this level. starting a declining tend
eney which has carried prices down 81
points from the top. May going as low
as 100 today Predictions of bad weather
in the western half of the belt caused
some covering by shorts before the close,
which was at net loss for the half day
of 10 to IL points. Spots were officially
reported steady with quotations reduced
lse on mlddling and all grades below and
Lie lower on good middling and all
grades above. Sales amounted 10 900 bales
of spots and $50 bales to arrive on the
basis of 10 Lilo for middling. Two hun
dred bales were delivered on contract
today.
With prospects for a recurrence Of IN
favorable weather conditions in the near
future and considering the fact that the
good spot demand in Liverpool IS abated,
as evidenced by todays big sales for a
Saturday, we see no reason for losing
faith in the market. outside speculative
support has been almost wholly lacking,
a fact which proves that there is no weak
long interest in the market. While on
the other hand. professionals longs sold
out at the top and the short interest has
been materially added TO by the decline
in the last two days. The visible sup
ply statement while generally construed
as bearish, both here and in Liverpool,
does not appear in that light when price
differences are taken into consideration.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Hides and Wool.

Hides and wool.
G.. S. hides, S1ac.
Dry flint hides, No. 1, 15Ql7c.
Dry salt hides, No. 2. 13015c.
Clear washed wool. 35437c.
Unwashed wool. 35Q37c.
Bury wool, 15c.
Sheepskins, 15qG0c.
Tallow, 4Q4Ac.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-11
Gilbert & cIay's Market Letter.

Liverpool give ample proof of the in
finenee occasloned by the bearish visible
supply statement of yesterday. Options
lost points from the previous day S
close, while spot transactions of 10000
bales showed that splnners stll want
cotton despite numerous advices to the
contrary. Gables attributed the decline in
a measure to the liquidation of a scatter
ed long interest and the absolute lack of
any support
Newly acquired short commitments, and
the closing of some long contracts caused
some uneasiness in the local market, but
prices steadied in anticipation of unfavor-
able weather forecasts for today and
tomorrow. Trading while more aggressive
than for the past day or SO was chiefly
confined to scalplng elements.
The week closes with the two great de-
partments of the trade at variance. Spot
holders show no inclination, whatever to
put forth their most attractive offerings
as long as futures are so sensitively af-
feeted by sentimental surface conditions.
Factors are fully aware of the fact that
the spinners still have remaining twenty
five weeks in which to supply themselves.
and judging by past performances, and
the fact that mills the world over are
running fun time, have ne fear OF the
final disposition Of their possessions. The
only unfavorable conditions that initiates
against an otherwise even balance and
strong situation is indifference that pur-
chasers display, for the inferior grades
of cotton, but this also should eventually
work out its own solution when the spin
ner realizes that, either through exhaus-
ton or prohibitive values, he may be
forced to confne himself to these grades
which are available. We feel that the
market should do somewhat better in the
near future, for we see nothing In the
dominant market to warrant any further
marked declines.