The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-01-04
WALL STREET REVIEW.
By Associated Press.

New York, Jan. 3.-To-day first prices
of stocks showed general gains over the
to small fractions. except in the case
of some of the low priced railroad stocks
per sales Ct Roek Is Island were re Of
with 81 rs on Friday. st. Louis South
western rose 2 IL, CRANKY Mining |, and
Vile. Atlantic Coast Line, Chesapeake and
Ohio. and American Locomotive, large
fractions.
Steel which depressed it 1 3-S to SO SIS,
created uneasiness among the traders and
there was a general unloading Of the
point from its best figures and Reading,
S. p. n. Y. c. and Colorado Fuel were
forced down a point below Friday's clos;
Lake Erie, first preferred, 1 IL, Pacific
Coast was marked up 2 points and Erie,
| first preferred and Pittsburg Coal, prefer
red, One.
Prices. reached considerably lower
level before there was any let up to the
| generally to a point or more in the more
active stocks. The Copper group and
other specialties were heavily sold in the
| Shortly before midday the market stead
| led fraction and became very quiet.
Bonds We're heavy.
The rally stopped when call money
went to 12 per cent, bid. but the mar
| ket did not yield. Colorado and South
ern advanced point
COTTON MARKET.
| New York. Jan. 3.-The cotton market
| opened weak at a decline of 1921 points
under disappointing cables and general
| liduidated before the holidays We're cur
| rent. After selling at a net loss of about
74s Points on active d,nI months the
| bull support and covering. Offerings con-
tinued heavy however; and the ., tone t6 o.
4 middle of the morning
| The market became much stronger ir
the late forenoon. The heavy early sell
! ing seemed to have relieved the marke
of much of the pressure of long cotton
while reports from the south continued
! very bullish as to the spot situation anc
there were rumors that the. report o
the National Ginners' Association expect
| ed before the end of the week would b.
very bullish. At any rate prices recoT
market midway within or points o
last Fridays close.
Spot cotton, quiet: middling uplands
1910; middling gulf, 1876. No spot sales
Delivered on contract $4,000 bales.
GRAIN AND PROVISIONS
Chicago, Jan. 3.-Early trading in grail
and provisions showed advance al
along the. line with the upward tilt i
vance of / Is in Liverpool, indicted b
Opening prices of May wheat we're u
| G7-Scd1 IL higher than last Friday
closing quotations. the starting prices be
ing 11.12 Is to 1-2. July and Septembe
| advanced in lesser degree.
| A slightly increased spring demand 70
| corn was evidenced by a small advance
The May product opened unchanged t
| lac higher than Fridays close at 66 IL
m3-4
oats held within a narrow range an
| influenced by the other grains. showed
advance in prices. May openeng figure
were 1-S61-4 to 1-4T3-Sc higher tina
the last closing quotations at 45 is
; | ga. -
Responsive to the receipt of 500
fewer live hogs than were expected to-
dav, provisions showed uniform advanc
of from to 20 cents. Opening Janua
figures were: Pork, 21.50; lard, 1927 l.
> and ribs, 40. ,,
1.9 G2o$r It. So is; Nav. Sc SIS.
0ats-January. "a Ia; - 81
J. Pork-January, 21.45; May1 2l.11 LA