New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-09-08

and So. the high of last year. on june
IA The force of the increased demand
is hest shown by mill figures from
Minneapolis. Duluth and Milwaukee,
production for the week having aggre-
Gated sol .41O barrels, again 446,OE3 IN
the Drevious week and 42S,S35 year
ago.
Settling Cotton Straddles.
The principal feature of the cotton
trade for the week was the report OF
the Joint committee of the New ork
and New Orleans exchanges and the
I.iverpool Cotton Association, provld-
inc for the settlement of the out
standing differences between the home
markets and Liverpool. There was
little business in spot cotton here and
at Augusta, Ga, and Liverpool, prices
in the foreign market holding steady,
but Southern quotations showing de-
cIining tendency. The resumption OF
foreign trade in any considerable
quantity depends in a large measure
on the ability of the exchange com
mittees to keep up an arbitrary dlt-
terence between this market and Llv-
erpool until so much of the straddle
interest is worked out that the re-
mainder will be of no consequence.
Another feature of the market has
been the development of the ware
bonsino plan in the South, and with
the heavy crop foreshadowed by Mon
davis government report, farmers are
ready to grasp at anything when Will
permit them to get some money Oh
their crop and at the same time NOT
force IL on the market until cohul-
tions are more favorable; Inc pres
sure Of supplies is bound 10 become
greater and more inslstent as the
picking season advances, and the heeu
of producers for adequate storage Ia
cilities is likely to tax all the aValia-
bic resources of the cotton states LOT
some time. The whole situation IS SO
complicated and the outlook SO uncer-
tain that the trade in general is com
pletely at sea, and, while many dealers
are anxious for the exchanges to re-
omen. it is generally held that suen
8 proceeding would only invite disas-
ter under present conditions
Coffee Dull and Lower.
Little beyond marking time was the
story of the coffee trade for the week
The market for futures on the 'FRONT.'
Street curb has been stagnant' ana
dealings in spots have been extremely
limited. at declining prices, especially
for Rio grades, the better qualltles OF
Santos holding their own. Flnanclai
conditions in Brazil have been suen
that there is no disposition to hold
coffee, while at the same time tnere
il no demand Of consequence mere
from CO. sumers, and the futures mar
ket is practically closed. Apparently
there is nothing to do except wait,
and that the trade is doing, with as
much patience as can be expected.
Butter, cheese and eggs have kept
within comparatively small price
changes, but potatoes and smaller
vogefables and fruits have declined
n1der pressure of supplies, which al
most amounts to a glut in the market.
Provisions have held about steady, al
tbough lard futures have shown con-
siderable strength. $3.50
SUGAR eased off a little, for raws,
hut the refined article held firm at
7G7Hc. Stocks of raw in the United
states and Cuba were b8S,856 tons,
against 659 $50 in the previous week,
and 476,902 year ago.
The livestock markets have shown
some declines, present prices for good
IN choice native steers being only 30
IN az cents q 100 pounds higher in
This market than they were a year ago.
Veal calves, however, showing q
marked increase in price.