Pine Bluff daily graphic., 1912-02-15
# i. <. <. <. x s < < + < <. < X ;. <. ...
 # as s c 0 TT o N +
 4. f # # Ss # < < 4 l. 4 <.
# # + # <
New Orleans f0totn.
< < < < <

IVtn OGIfHbS lOiolHs
 New Orleans, Feb 4.@Sotton-F'u- lures opened steady ar a decline of t604 points. Cables were better than due, bus omission houses had i3rga selling orders to fill, which gos ip said came from ta'7 country, and the mar ket was unable to absorb the offering5. Private cablegrams said there was less d snand for spot in the English n. rke, which seemed 10 increase the tendency to seIl lere. Soon after the call prices were 4697 tl5in6s down. The weather map showed much rain in the cotton belt and caused some fear among shorts that another rainy spell was setting in. This and the desire for profits cIus8d some covering The selling movement ceased abruptly and prices quickly shot upwards about 10 points, standing sos points over yes terday's close, at the end of the first half hour.
 The market was dull and feature less around the middle of ble morning @nd bears commenced to press on It again. Late in the morning they had pgices points under yesterdays close but were unable to maintain this de- cline as just before rlon support was offered by the bulls and a quick spu c9usad the trading months 3t noon 70 ba 2G13 points up compared win ye : trrday's last quotations The mark et was called artificial and manipulated ia many of the telegrans sent out by ccmmisaicn h5uses.
 Futures opened tezdy. February l0.60c asked; March, t0.1@10.72c; May, 1078c asked; July, t082@10.83c; August t072M1074c; september t0G1Mfo. .63c; October, 1O57@10.58e. December, 10 58M1O.60c.
 In the afternoon session the marker was first decidedly quiet, but sudden l iy develped decided weakness and broke over a dolar bale. Raiding by bears, Liquidation by longs and sell ing by the South were apparently the causes for hhe slump. At 2 ocloc4 prices we're 2l029 points down frou l the highest of the day and 17M2 1 points under yesterdays clo c.
 The market closed steady at a no decline Of 19M27 points.
 New York Cotton.
 New York, Feb. 14.-Cotton opened steady a5 an advance of 1M4 points or tho old crop and points higher to points fewer on the new. Cables Wers about as due on future, but spot sale! were smaller and with some of th' southern advces indicating most ac tive demand for fertilizers, local trad CTS seemd to be looking for a reaction Immediately following the call pricet Eroke to net loss of about 6 or point Leading bulls were large buy CTS on tho decline. however, and th' market steadied up with the aetiv,
 
 month's point or two over yesterday close
 The market was less active late l. the forenoon with the tone nervou and unsettled, with prices about 5m i points lciwer on realizing and rumo more freely in the central belt. Wal
 treet houses were heavy sellers dur ing the morning, Spot quiet. Future opened steady January ; 10.5b0p 10 5Sc; March. l0.41p10 42c April, 10.4Sc bid; May, to5oM10Goc June, t06S@ io69c; July, toG5d | to6Gc August. 10.59c offered; Septem a tor, t0.49m1o50e: October. 1053G . 10 5tc. November, 1055M 10.5G; De ? crmbor, t0.etmt0G2c.
 Traction stocks and bonds respond cd to manipulation but their advanc , did not affect the general market an the bidding np was soon abandoned
 lnterhorJugh- Metropolitan preferre l. immediately improved 1 3-4