New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-11-09

ohc uuy, out speculation mas not Decn
active. The Canadian crop is now es-
timated at 152,000,000 bushels, or co..
100000 bushels less than last years,
ported TO have been damaged by frost.
Last prices for No. 2 white, Save,
were 3hc above those of a month ago
and Sc below the high Of September 8.
Cotton Prospects.
The principal feature Of interest in
the cotton market was the court order
Of Saturday permitting the sale of the
so-called "Pell" cotton, which, with
the practical adoption Of the syndicate
plan OF taking care of outstanding con-
tracts, gives foundation for the belief
that the exchange will be open for
business under the new rules by the
first Of next week. The troubles Of the
South appear to be in fair way for
settlement at an early date, and that
confidence has been restored in a meas
ure is shown by the practically steady
advance in spot quotations at the prin-
cipal Southern markets. This shows
I that the distress" cotton has been
taken care OF, although private ginning
figures November are so heavy that
they indicate a crop of 100000 bales,
which will be only 100000 bales behind
the record crop of three years ago.
! The report OF the Census Bureau is
due at 10 o'clock to-day, and will COM
pare with 7,6l0,6S2 bales, the figure Of
the report of October IL, and it is es-
| timated that 1t should show over 49,
100000 bales ginned TO November 1.
In the local market there was sharp
clash over the Liverpool straddle liqui-
dation question, it being claimed that,
in violation of the agreement, Liver
pool had endeavored to compel New
York TO margin below cents, and that
Lancaster spinners had been allowed
to get short of cotton, to the detriment
Of holders of the New York end of the
straddle. These spinners, however,
saw the drift Of things, complained to
Parliament, and it is supposed that
the recent reduction Of the differences
| by Liverpool was in response to gov
ernmental pressure. The reopening Of
the Liverpool Exchange for restricted
business brought trading In May-June
at 4.34d, which opened at Add. 1t
has been learned that Liverpool bal
loted on 100000 bales of the straddle
account on Tuesday, and assigned 5O,-
900 of them to New York, but New
York is not likely to ballot on the basis
VI N.-Ou lOI VI NNeei
to 7c for December here, which would
be selling cotton to Liverpool at 81
bale under the price current here.
The steadier tone in raw cotton and
the slowly improving financial condl-
tons caused further spread Of conf
dence in cotton goods values during the
week The dyestutfs difficulty figured
more prominently in delaying the re-
vision Of prices on colored cottons OF
the heavier grades, as well as prints,
ginghams, and other staple cotton fab
RIGS. Less piece dyeing was reported,
and stocks Of colored goods were not
being built up as they were a month
or two ago. In several directions col
ored goods lines have been withdrawn
| from the markets until the dyestuf
supply becomes more certain. A larger
business was done on gray cloths Tor
converting ard on brown sheetings OF
some grades. Sales of 5000 bales OF
sheetings for export 10 Red Sea ports
helped to inspire confidence in the ulti-
mate return Of satisfactory business
from that quarter.
In Other Markets.
There has been little doing in coffee.
The question of exchange on London
and the war risks attending shipments
are having their natural effect in Bra
zil, and the local trade is in waiting
position. with the consuming demand
at q minimum and the country appar-
emily well stocked up.
Just how far the development OF the
hoof and mouth disease among cattle
in the West is going to affect the local
trade in livestock and dressed meats Is
q problem for which dealers see no So
luton at present. The closing OF the
Chicago, st. Louis and other stock
yards is bound to have an effect on
prices, but it may result in greatly
stimulating the Eastern production OF
beef cattle, and in that way be beneht
in the long run. So far there has been
no material advance either in stock on
the hoof or dressed in the local mar
kets, the price sheet of a prominent
local packet showing only the ordinary
fluctuations, but sheep and hogs have
advanced. in some cases 90 to rs cents
a hundredweight. One effect of the
furry has been an advance in the cost
of live poultry, although the freezers
are pretty we'll stocked with the dressed
product and the demand is limited.
In the country produce markets me
table grades of apples have been easier,
though not appreciably lower; potatoes
have been plenty and cheap, and the
smaller seasonal fruits and vege-
tables in ample supply at reasonable
and in some cases low prices. Fluctu,,
ations have been small and governed
by the trade conditions of the day.
Sugars. both raw and refined, have
zone TO lower levels, and even at the
reductions in raw refners have shown
M d;anosition to buy any more than
thew require for current commitments