The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-01-11
WALL STREET REVIEW.
BY Associated Press,

New York, Jan. 10.-Opening prices of
stocks advanced as a rule. but the gains
were moderate and speculative interest
apparently was languid. Colorado and
Southern, United States Express and In
ternational Harvester rose l, and National
Philadelphia Company declined l.
The market became heavy for an inter-
val when United States Steel reacted a
point to IS IA. Large fractional losses
were also registered in all of the active
stocks before the list turned upwards.
Large buying orders were distributed for
responded with an advance to a point
above last weeks closing, the whole mar
ket moved up briskly.
The drifting movement of prices turned
downwards again. st. Paul lost a point.
selling was light and the whole market
duh and narrow; American Beet Sugar
rose 1 3-4 Bonds Were steady.
Increased selling of Union Pacific and
United States Steel, which depressed them
point under Saturdays close, had a
the officers were light. L. S. Express was
marked up points and Interna tional
Z. S. Express climbed more points
until it reached 143, gain OF 81 points
since Saturday. The rest of the market
was Hfeless and uninteresting American
Sugar rose a point.
THE COTTON MARKET.
New York, Jan. 10.-The cotton market
opened firm at an advance of 461o points.
and the active months sold Is to II points
net higher right after the call. This was
covering and bullish ginning figures But
Liverpool cables We're disappointing and
there was heavy selling here by houses
under which prices eased off with the
market rather nervous during the middle
of the morning and with prices holding
only or points of the early gain.
Fluctuations were sensationally violent
and irregular during the late forenoon.
Stop orders were uncovered before the
end of the first hour, under which March
sold off to 1852 and May to 1855. This
was followed by rally to 1900 for Nav,
but there was renewed weakness later.
and at midday prices had sold as low as
IS so for March and 1866 for May, or 35
to IL points under the closing figures of
Saturday, and from 4S to 81 points below
the high level of the morning. Houses
with Wall street and western cottons were
heavy sellers and it looked as though
one of the big bull cliques was hquidat-
The market was very nervous at noon
and within point or two of the low
Cotton futures opened firm. January,
1880: September, 14.45: October. 1915;
Cotton spot closed quiet, 40 points
lower: nniddIing upIands. 15.45; middlng
gulf, 1870. Sales, $500 bales
GRAIN AND PROVISIONS.
Chicago, Jan. 10.-Grafn prices were
slightly lower during the early trading
here to-day and provisions also declined
in response 10 lower prices for live hogs
Contrary to the course of the other fu-
lures. the prices advanced at the outset.
The range in the first hour showed q
spread from IA to Is. Nav opened at
Ia rs to la, shade to 1-SG1-2 higher
than Saturdays close and after tempo
rary rally dropped back to the opening.
Relatively larger offerings in the corn
pit induced by more favorable wea ther
Conditions eased the prices at the out
f4f4fYr an Eha inc - n
from a shade to 3-Sc lower than Satur-
daz'z clasa- Nav opened at ea to Ia is