The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-11
ENGINEERS.
THE COTTON MARKET.
Prices Deciine-Liyerpooi Weak pecu.
IatiOn Dull.

long Humiliation and bear pressure, both
here and In Liverpool, with favorable weather
and an absence of support. were too much
for the. cotton market. even If room traders
who were cunning for certain Wall Street
holdings failed to bring them down.
The visible supply figures for the week
make q !bullish exhlblt-that Is to say.
a much, larger decrease than for the same
time last year-and DIS to the efforts to belittls
the reports Of spot sales at Liverpool by
statlpg that they merely represent the call
ing of cotton by mills. they are rather far
fetched. Such a big calling of cotton sug-
gests very strongly that there may be
others to come and that a considerable part
of the Liverpool stock is really under en-
RaRement and thus actually on the market.
How a thing of this kind can be tortured into
the semblance of a bear point is not too clear
to the average Intellect. ,u
holds aloof from cotton as it does from Glmo,'
everything else and no student OF markets
needs to be tod that adr6 dun ma m "a ReTte sse TTfer nE[
isthe case in a speculative sense me cotton
market now.
it's mills are taking enormous QUANTITIES OF
raw cotton. the cotton INDUSTRY IN TINS coun-
Try Is RTos s3enay or and a1 the sB BSt n thar iacs arr IF
Outside interest In the speculation makes
It a tame affair and a prey to bearish trader.
such conditions, Just at the momant. thev
are trying to dlslodge certain Wall Street
Messrs. Weld, Mitchell and Wilson were
sellers, Messrs. Siedenburg, Jones and Mohr
bought. o. ro,,,rs
THIS ueek. Last tceek. Last vtor,
r. S!s $'s$ i :$S' SsS$4 Il: : !:4 E$s: ST : s::$;:35$ 5 :$3:$ #
c1 I'M W ynsG sien' au'. 157, sos 1870 sle6a
-, r,..h.., rbrop,nIo ani6. "A1VfOes
IN MS by telegraph from the South. this even
ing indicate that while rain has been quite
general during the week a2cs she at rs snms II poj hi,
along the Gulf. ON the whole good ~progres.
with farm work has been made. ~.
ding. Lido, against 7.9Oc. last year New
Orleans and Gulf, il .s5c., against 3 lic: Sale.
$50 oSi,s bales dss,i for sP mc: sSva He% 9 lrisci G 4ah
Mobile, io1.c, Savannah. 10 9-lSc;i MemRhis:
Orleans, 1850; Mobile, 500: savannah, 2es
Memphis. 500. The receipts to-day were as
follows: ,,,.,,
Pe., .sss,p,.. :1s.s e. h' 'sS f. Last s XII a
Augusss"'''""' % ,.s2: a.7S
y SsT Hs 3 III ss$5 s :ssFS i i:;%
The total movement at the thirteen prtn-
cipal interior towns was as follows:
E . - 'ss ii'"'
Estimated receipts:
Monday. Last reek. Last yea,
Houston ..... 9,O01-3,5W SIS I.St
NsT Srleans 0ODO-73m 2,sl2 6,gjS
The total exports from the ports were %, 1873
bales.
Futures declined 10 TO IL. points, closing
barely steady, with estimated sales of 2eo,"N)
bales, Prices as follows:
Htoh.sf. Louest, Closing. PREF. Close
july .".....iSGs o@ iSss@iS:o iS7ssiSe
August..m... AZ: 1882 aio6a loa?@ iO5t
DeCembe e. .. 1924 1920 O221lo.25 lo2sdlu"
Futures in New Orleans were as follows:
Open HIGH. Lou Clos Err
M.ron....... 1851 1851 io"Ss lSE iSg
May.,.,.,.. 107S 1915 zoos 1910 losl
july. 49,. io.sT 1882 lo.sa 1000 lle1
In Liverpool spot cotton declined S points
MiddlinG, 5.sfdy against 42ld. last year
Sales, 10, 900 bales. imports, 1900: Futures
declined o to 8 points. closing as follows:
Saturday. Friday. Last ysa'
March April .......,.5so 5N ~
May June ".,.........6Ip 5IN em
July August. ,,.,..,.6i4 5S9 81!
September October. .567 b.6H th