Pine Bluff daily graphic., 1913-09-06
+ i. + + + + < I' l. l. i. + s.3 COTTON +
New Orleans Cotton.

New OfleanS Cotton.
 New Orleans, Sept. 5.-Cotton-Fu- lures steady at decline of 9 to 12 i points on poor cables September, 1260 @12.73c; October, 12.79@12.S0c; De- cember, 12.S5c; January, 12.90M l291c 1 March, 13.01@13.o2c; May, 15.07@ 1 15.10c.
 After the call the decline was wid- ened to 10 to If points on bearish pri vate messages from Liverpool stating that spinners were withdrawing from the markets The weather map did not indicate that any change for the better had taken place in the weather or in the western belt and the forecast predicted fair weather for both Texas and Oklahoma. This and the fear that the storm along the Atlantic coast might have done damage to cotton crops caused moderate buying and the market and better, standing at the end of the first half hour of busi- ness at net decline of only to ) points. The market sagged under hedge selling around the middle or the morning and went 12 to IA points under yesterdays final figures. On this decline buying orders increased, many brokers filling open buying or ders on it for long account. There was much talk of a reaction afloat, but the undertoue --firmed- up, espec- ially after the reports from Arkansas came ill telling of serious crop deter ioration since August 9, the date of the last condition report. At noon the market was quiet, but very steady, With prices 1 point down to 8 points up, compared with the last quotations of yesterday.
 New York Cotton.
 New York, Sept. 5.-Cotton opened steady, 9 to l2 points lower on lower Liverpool cables, unfavorable trade reports from Russia and reports that the south was offering cotton very freely at an easier basis late yester- day. September, 12.S0c; October, 12.S0c; December, 12S3c; January, 12.77c; March, 12.S3c; April, 12S5c; May, 12,9oc; June, 129oc; July, 12.90c.
 There was southern selling and heavy realizing, but offerings were readily taken and the market rallied to within ? or 3 points of yesterdays closing during the early trading. There was a good deal of cotton for sale on the bulge of about 10 points, however, and the market was very much unsettled late in the forenoon.
 Selling became very heavy and prices broke to net loss of IA to 19 points. Stop orders were executed on the decline and the market later ral lied or 10 points from the lowest on covering with prices ruling s to 10 points net lower at midday.
 The detailed weather report was followed by an advance to net gain of or points during the early aft ernoon, but the market later broke sharply on less favorable reports from Washington regarding the cotton tax bill
 Money on call firm at 2@3 per cent; ruling rate, 5; closing bid, 2@2 1-2.
 Time loans firmer; 60 days, per cent; 90 days, 1-2; six mPnths, ,.
 Memphis Spot Cotton. 4 Memphis, Sept. 5.-Cotton-Spot steady, unchanged; midHing, 12.---Sc
 Memphis Cottonseed Products.
 Memphis, Sept. 5.---Cottonseed pro- ducts, prime basis, oil. 7.56c; meal, sSl.5o@32; linters, ? 1-S@3 SAC.
 Liverpool Cotton.
 Liverpool. Sept. 5.-Cotton-Spot ill moderate demand and easier; Ameri- cai middling fair, 795d; good mid ullhs' 767d; middling. 7.35d; low mid u'lhg' 7.1Sd; good ordinary, 6.5Sd low niladilng 713d; good ordinary, 6.53d; ofdlhary, 6.19d. Sales, 1000 bales. in cludlng 6,30o American and 1000 for Speoulatlon and export. No receipts.
 ru.ures closed quiet and steady.
 imports, all kinds, 16,OOO bales; i'm po''s' American, 1000. Stocks, all anus o25,oOO bales; stock, American. bales.