The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-03-20
TINE COTTON MARKET.


AttFthated IN Part % q LeAdlnS Null
-LaVerpOol ne4tcr ThAn Kxpected
ana Active On the apse-Lancaahlre
MIlAs said 20 he ncsumang-rexssD Dry.
No striking events occurred. A mod !.
crate decline took place. Spot interests
sold to some extent and there Vas liquida-
ton 81 May. attributed In the room partly
to Paiten brokers. Fall Rivers sales for
the week were estimated at only 1900
pieces IL n said that Marshall Field a Co.
have reduced tho rrice Of cotton goods 10
per cent ON the other hand. however.
Liverpool was better than expected. The
spot sales add called cotton there amounted
to IO.nO bals-. Manchester was reported
more active. Lancashire mill people now
here say that mills IRE resuming work.
That b also the tenor Of not . few private
Liverpool dispatches. Liverpool cabled
that the Continent y short The National
Ginners' final figures amounted to only
iO.Ost 900 bales. with llnters U.s. 100 bales.
This caused more or less buying. The
certihcated stock here decreased 5000
bales OF thus far this month s7.sOo haIes.
No rain was oficially reported In Texas
and nons Was predicted.
Soms who hold AlOof from the old crop
months are builish on the new. They main
tain that a crop Of ia.eo6. 90 bales u ab.o-
lutely essential and that crop scAres are
hound TO arise From time to time they
sare 20 ma nads Ss i. Ssn ~.
requisite it.OOO OoO. The mills are not
buying much cotton now for two reasons.
cause new crop months are selling at q
sharp discount under the old. Mills. II
y commended. will hesitate TO manufacture
Of prices. and the result will he that mill
stosks both Of raw cotton and OF gcOda
S,ll drop to xsTy lSS sp9 by sepssme'sr c !,
Who rold ahead had the modification Of
-sIIing point. Others laid down on their
contracts. Tho-e who had the unhappy
experience Of selling too low will u IL ar
Those who laid down on their cOntr=rt-
will not be able To sell. The npshot. accord.
ing TO the view q some :Iose -sSden'. 81
not be q heavy seller ahead Of the next
crop. That will leave the selling to he
not planted or a crop whose -lzs is not
known and cannot he known for a long
period has often IN the past turned out %
he q very hazardous breeding. cster-
day leading bulls supported the old crop
months Tomorrow comes the final Gov
eminent report on the ginning for the sea
SELLERS reported were Messrs Pa'ten.
Craig. Spring~. Schtll. Riordan, Wilson
buyers. M--.r- Hayre. brown. Mefsddsn'
ciin-d s points MiidlinH rs IJc sales.
| l,959 bales southern spots unch an ged
Memphis sold $50 bales New Orleans
.SD5. Houston LIN. savannah LOS.
Augusta 6s7 Galveston 5:2
The Ghr0Hiris reports that seeding VIII
begin In some parts Of Alabama IN about
ten DAYS. that farm work l. progressing well
Ia ATkanaa- and that The 1rreaRe w.ll b.
increased. THAT the soii la Alabama l. In
good condit ion that the rainfall has been
liaht in Iexa~; that splendid progress Il
being made with farm work In North Caro-
lima that fne farming weather has pre-
vailed In Tennessee. and that crop prepare
tons In thai State are active
Futur~- declined Q to II points. closing
easy Estimated sales. 10000 bales
Prices a. follows.