The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-05-27
COTTON ONCE MORE
AT NEW HIGH LEVEL
Further sharp Advance Made by
Every Active Option
on the List.
WEATHER REPORT BULLISH
Stress Laid on Rain in South
west and Drought in the
Eastern States.
WEATHER REPORT BULLISH
cotton states weather.

For NUrih Carp'ina generally fair to-day
ami TO morrow. nsht south and southwest
via
Fs- south Carolina and Georgia. partly
cloudy today and tomorrow. probably local
thunder showers. light to moderate variable
vlrls
r.. Florida partly cloudy. with probably
I1.a chandler showers to-day and to-mor.
row tech east and southeast winds
Fc- Alabama. Mississippi and Louisiana
MARTY cloudy to-day, probably followed by
local thunder showers tonight and to-mor.
row. moderate south winds.
For eastern Texas. showers and thunder.
storms ,o.day and probably tomorrow
moderate southeast winds.
FOR western Texas local rains to-day;
psrty cloudy Tomorrow
For oklahoma local thunder showers to-
Jay, partly cloudy tomorrow
For Arkansas. showers and thunder storms
Today.
For Tennessee and Kentucky, partly
cloudy to-day; probably local thunder show.
ors to morrOw.
Although Liverpool showed a dlsposI-
ton to halt in lts upward tendency, the
recurrence Of rains In Texas combined
with complaints. OF damage from drought
In the Eastern belt, caused "a further ad-
vance In the local cotton market yesterday
and new high levels were established all
along the line. May touched II cents,
July. l2e9 october. l25i. and December
i263 4 moderate recession occurred
in the late trading on the effort Of local
longs 10 realize profits.
The report OF further rains In Texas
cane as quite surprise to the local
trade, ls the forecast had pointed 10
fair weather. The forenoon predictions
hQveyer. reversed the forecast OF Mon
day night and called for unsettled
weather with probable showers All dur
ard thunder storms drifted in from
parts Of southern and central Texas. The
weekly weather report was fully cor
roboratve OF private and official advices
received last week Considerable empha-
sic was laid on the wet soil and HIN
drsnce 10 farm work in Texas and Okla
hom4. while color was given to the com
paints regarding drought injury In the
CArolinas and Georgia.
Local sentiment Is perhaps becoming a
tr.fe overbullish. Some OF the private au-
thort.es and firms which issue condition
reports are putting the figures very low
The National Dinners Association 10 cred
tied with giving out n condition around
a. while one Chicago house yesterda,
placed the condition at IO.s. This lattel
figure receives no credence whatsoever
and the details In the full report seem &c
justify this lack of confidence. The Jour
nal Of Conmerce's report on Nils
sssippi and Louisiana, was tri1e better
than expected. although the prospect
painted was by no means brilliant. r
" CordNl the travelling crop expert, was
quoted as saying that he had seen more
boil weevNs In his last trip through Mis-
-ssippi than in any previous year at this
stage OF the season.
Although the market 10 subject to occa'
sional declines on periods OF profit taking
and local hammering, the general expeeta'
lion Ia for Immediately higher prices
The local trade seems disposed 10 discount
q crop condition OF "a TO be issued by the
Bureau ~ Statistics next Monday. If th'
condition Ia above that figure good
many local and southern enthusiasts are
likely TO he disappointed.
Futures closed barely steady. to