The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-10-13

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M ar,s .s,'rs 81 d~,,ccs'ss' ~ 80 "
IN. man .s~'hs 20, AZ I'll skiet-d With a
suyips in liverpool shows that, IL. Csucssa.
crop 's short V pronshiy short IN Es.,
t.s'', s s,,o .,. w.. ,err' !. ~ 'r.s,"s %, ,ss
che stock hScbsns~ dsps-p-~d and the
Yea her generally. pre,ts favorable. Inc
*. hui y-,a%s ''fHsSs.' p re- 1% ." hs%c..@mssssrr
over January was -fiil 10 p2ins., however.
.9S have ssSc % sSis n ssa, ,'G %s%;n as ss.,,. ''T ,sss.
Prs,,y large and y Killing frost .Soald sud,
Edward Moyss h 90. sad BANKS every
where are bringing pressure 20 bear on hold
.r.' az ,h. cGSn.ry need. .ssh 70 naqid.ss
quicker way 20 secure gold from abroad
IN volume than the ~ port of cotton. Normal
export. % i.leo!9n bsles during september
apd October will alone establish an American
credit abroad of 500, Up, OD before November
., This " a much greater volume Of money
than ever was put into circulation by the
United state. Treasury during a strnsency
and has the additional merit Of being a per-
msnsnt fund instead Of u loan by the Govern
ment, to he returned when finances become
easier. No wonder bankers refuse to en-
courage the holding process at This early
southern, finances that the proceed. Of about
zoo go bales Of cotton are nsedsd to naai-
This IL approximately equal to the receipts
40 to January l.. These same students there
fore expect the lowest prices Of the season
convinced that the unencumbered remainder
Of 1000 400 or 5000 coo bales Will he strongly
held during the rem aiming eight months Of
however, snd for the next eleven weeks il
forced liquidation Of spot holdings. which
cannot fail to bring lower prices. especially
when the general feeling of business reaction
The s statistical position, as made M from
the Financial Chronicle. is A. follows:
- THIS uesk. La,t wsek. las.
Crop In sight -. .i.44s,7S to7s,Iio i.Tso, ss
a"rin9 week s0sp s4.s,i um.s4s
Bartlett. Frazier A Darlington said: The
bears have q distinct adva nta se aud their
aggressive selling Is more than disc ura ged
bulls can take care OF. There will be rallies
| Of course. due TO overseeing. but FOR the tinIa
being sales on hard spots would seem to be
attractive unless there appears in the near
future danger OF q material clrtailment Of
the expected Yield due TO early and killing
frost.
Cotton on the spot declined ; points. Mid
ding II 7Oc, against II SOC. last year. sales.
markets were unchsn Red to sc. lower. Mid.
ding Galveston, NE. New Orleans, n Nc: