davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
CONSOLIDATED EXCHANGE.

Net losses of from to points were
registered at the close of an active mar
ket yesterday on the Consolidated Ex-
change. Selling pressure obtained
throughout the session and affe0d
values adversely In both the rails and
industrials. Marine preferred and com
mon were the only securities to display
strength and the sensational advance In
the former was the outstanding feature
in the days trading, After an initial ad-
vance of points the preferred reacted
and rallied, selling at 116. and moving in
wide fluctuations closed at max, while
the common advanced points Selling
In the Anal hour sent prices down to the
lowest levels OF the session and the clos
ing quotations saw only fractional re-
coveries here and there In the list, Steel
common declined to 9sA and the minor
steels declined from l to points, Cop
per issues were in supply. but Inactive
Mexican Petroleum sold off moro than 4
points Stuaebaker was under heavy
pressure throughout the session and
closed with loss of about points. In
itial gains In the rails were eliminated
early and losses were registered through
out the list in sympathy with the decline
in Reading and Southern Pacific. Trad
ing in Liberty Loan bonds was in fair
volume, with prices steady.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
LIVE STOCK MARKET.


BEEVES-ReeeiptS, GIss head; 80 cars
on sale Steers. hTm to sso h!gheri bulls
and cows tgll steady. All sold early, Or
al 20 per 100 lbs common To fair bulls,
$3.50 ass; fancy bull, 3iL3s; common 10
g9od cows. $40 Dressed beef, hrm to
Sales. shumbere - Son: 10 West
y! Sss IS ~ is, ~ ;ls, s;SS?'a aF, IN a.
L, I,o.e, ',S5Si q ohIG. i.Osi; siI7s; Il
Company ompaay' Ksntuo,s germs ste S1m" iifS
jl6.5O; IL Ohio. I'LL Si5.45: Il virginia,
i!oSl' 'a,5oi J. bull 2;2iG, tlt;95; 81, s2s.
81, =. 0Is. S4,SO. Newton & 60. FL Wiz.
sIn MA steers IA7s,, slG; 2, 100, .SlL6O.
sss siS S. ,ss sS'; sSa 2n drew
I. ms' .sss;s & AS !. e'S' c s'S x 1
s76, 81; !. 500 iG TO- $40 . s. Js line
Wright 4 Co: hsifcrs. 57s S; COWS.
&c Ii Il 2fi ssei9t 5 e. 6 s' 49, 49, 81 81
sale. Neals steady Westerns and grassers
weak to csc. lower All sold. Common to
G Pa' Hf"' sos srs at Y e.bS Ss
do, $3.50; yeaTlings N5006 Dressed
calves steady; city dressed yeals, 22 ale.
per h.; country dressed do, 20830c
salss--J. G. Curtis q Son; 81 veals, 1877
lbs. average, sal; 5, 90, sic; 7. ~, 1l5;
sO Sui' ~ MG ssa's sss iti $50
st,5o. John 7, Dreelan; Is veais, il9,
;alj 7. liz. $40; 10, lOl, $40; s yesrlings,
J, iss' go; srassOrs, SOS. $50; 'I e. 20,
u; yearlinEs, s?s, IS. Andrew Mullsn
yeariinss 40, SCI .. sis. s5.7S, JsiIifs,
Wright Coz, Ersssera, soss,. 81 4
$50, Isi. Korns Commission Co; ~
voals. l45. s2Oi 10 culls. lag, siii IS
Canada grassers, 2oi, $3.50, II, II. Hollis
$3.50 ~ ysarlings, Sal, S.
SHEEP AND LAMBS--Recelpts, ESQ
head; llh ears ON salo. Market steady.
Common 70 fair sheep sold at Ed.50a0 per
100 lbs, oulls 50; ordinary to prime lam bs
S1A 50gl0 Culls Sl04l2. Dressed mutton
steady at Il a20e. per H.. dressed lambs
salss--Kerna Commission Company $40
West yirgipia lambs. y lbs. average, ,l6i
2iS, 81 SIG go2' T $40 JShn Z pFss'
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
TO CONVERT DEBENTUREs.
Cities Service Company Plans to
Change Big Issue to stocks.

The board OF directors of the Cities
Service Company at a meeting held yes
terday adopted resolution authorizing
the officers to make application to the
capital issues committee for authority,
beginning January /, to convert 10 per
cent each month of the $4,000, zee series
Il convertible dehentures into stocks of
the company, together with the accumu-
lated cash and stock dividends on the
amount of common stock into which the
debsntures are convertible from Janu-
airy /, 1913, to date of conversion.
Under the resolution authorizing the
issue of these debentures $4,000, 900
principal amount was provided for, of
which s15.00o,0oo principal amount has
been passed by the capital issues COM
mittee. but only $4,000 900 issued.
Because of the advance In Cities Ser
vice Company stocks into which the de-
bentuTes are convertible ON a basis of
eight shares OF Cities Service Company
preferred stock and two shares of Cities
Service Company common stock, together
with the accumulated cash and stock
dividends from January 1, 1918, to date
Of conversion. on two shares of common
stock for each $1,000 principal amount
debentures the market price Of the de-
bentures has advanced sharply. having
sold above 120 and accrued interest
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
COTTON MARKET QUIET.
bulk of business Reflects I'm
aettled GOOIn Trnde.

The cotton market wac quiet yester-
day and fluctuations were Irregular. The
bulk of the business probably reflected
further reduction In outstanding ac-
counts owing to the conflicting influence
or bulllsh spot advices with unsettled
conditions In the goods trade and the APP
proach of the THANKSGIVING Day ad-
journment. After selling at 1895 early,
or II points net higher, January eased
OFT to 400. but was steadled at that
level by trade buying, and later advanced
TO 2742 on covering. There was an
other furry Of liquidation late in the
afternoon, however, and that delivery
closed at 272S, with the general list
closing easy, net 10 points higher to Is
points lower.
According to Manchester eables re-
ceived early yesterday the Lancashire
goods trade seems to be confronted with
conditions very similar TO those reported
in the domestic markets. Cancellations
are reported Of, goods both completed
and In the looms, and business is dislo-
Gated in consequence. Such reports serve
to strengthen the impression that civilian
business Is not expanding rapidly enough
10 offset the falling Off in the demand
for war purposes. and the situation in
this respect Is supposed to be checking
demand. which might otherwise be In
spired by the bullish spot advices and
prospects for increasing exports.
RANGE OF PRICES
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
COFFEE MARKET.

In the cost and freight market for cof-
fee offers were very irregular. There
were sales reported of Santos Is at
2l1a c., 3-is at zoe. and As from 1890 TO
2OLc, all steamship shipment, London
credit. Santos IS also sold at COX TO
20l2c, steamship shipment. American
credit. These sales represent the highest
prices yet paid. The local spot market
was quiet, with little business doing. The
cable from Brazil reported no change in
Rio and santos spots. while futures were
12a to l75 reis higher.
Rio unchanged at $3.50 for No. I.
Exchange lid. lower at 10 l3-16d.
Receipts $4,000 bags. including remainder
unavoidable October receipts. Stock
$4,000 bags In Santos spots were I'M
changed at 12S5o0 for No, L. Futures
We're % to 80 refs higher, Receipts 3S,-
900 hays and stock ASA, 900 bags Re-
ce!pts at ports 5000 bags, against 65.-
600 last year and 1900 two years ago.
Sac Paplo had $4,000, against 81 900 and
$4,000 bags, and Jundiahy @, 900, against
$4,000 and $4,000 bags respectively.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
Buying for Peace Needs.

The opinion of the IrOn Trade Rertc,a
concerning the state of the industry is al
follows: 'f
Absence Of any apparent pressure TO
sell and growing volume of buying for
peace time needs are imparting a more
Measuring tone 10 the iron and steel mar
ket. This Is accompanying the further
steps which the Government has taken
to unfetter the forces of supply and de-
mand. Official announcement that all al.
locations of steel would cease with the
present week. combined with the Winning
out OF most priorities late last week,
practically means the restoration OF a
free home market, except as to prices.
THE present outlook Is that maximum
prices are not likely to extend beyond
January 1. All sections and divisions of
the War Industries Board have been ad-
vised that fixed prices expiring January
l will not be renewed unless extraordi-
nary circumstances dictate. CancelIa-
lions of war tonnages are continuing,
but the effects now seem 10 he well dis
counted. The most notable new business
has been for export. Steel prices for
export already are moving away from
the fixed war levels and sales in bars,
sheets and other lines have been made
well above the latter"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
GENERAL MOTORS MEETING.
Stockholders to Vote ON Debenture
Stock Isxue of s15O.00O.oO0.

Directors OF the General Motors Cor
poration at a meeting held yesterday
voted to eau special meeting of stock
holders for December 10 to take action
on proposals providing for an author
lied issue of $4,000. 900 par value 6
per cent debenture stock. of which S20,-
100000 Is to be set aside TO be ex-
changed for the outstanding issue OF pre-
ferred stock, share for share; for de-
creasing the present authorised preferred
stock from $1O0, 100000 to $40 900, 900.
In statement issued by w O. Du-
rand, president of the company, the is
suance OF debentures was explained as
follows:
'TwsRty million dollars OF this de-
benture stock will be reserved for the
purpose of exchanging the preferred
stock as previously stated. and approx
mately $4,000, 900 will be used to pay
for the assets OF the United Motors Cor
poration, under the terms of an offer re-
Gently made to them. The balance of the
debenture stock will remain In the cor
poration's treasury TO be used for future
development from time to time as In the
discretion OF the board of directors seems
advisable"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
CURB MARKET QUIET,
TONE Is IRREGULAR
Strength Displayed in Some
Of War Stocks and
Specialties.

Business in the curb market yesterday
was exceedingly quiet and without much
interest shown in the movements OF
prices. which were narrow. Although
there were few strong spots in the
list the general tone was irregular.
Strength was displayed in some of the
war shares and specialties. Curtiss
Aeroplane was an exception and fell to
a new low record of 10. which compares
with u high record price of above g..
made in July. 1917. Pressure on this
stock during the past two weeks is due
directly to the cancellation by the Gov
eminent of large contracts with the COM
pany,
Strong spots in the list were mostly
among the less active shares. General
Motors 6 per cent. debenture stock and
Burns Ice were a point higher, while
Cities Service gained about 3 points, In
the oil group changes were mixed.
Standard OIL of Indiana was strong,
showing a gain of about 20 points, while
the others were lower. Mining shares
were quiet
Bonds were dull with strength In the
American Tobacco and General Electric
notes, while Russian Governments were
lower
Total sales and range Of prices follow ::
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
BALTIMORE.
iales. Open. High. Low. Last.
THE GRAIN MARKET.


WHEAT-According to latest estimates
by BTOomhail Australia has a surplus on
hand OF about 100000, 0OO bushels while
Argentina viii have. counting the amount
carried over from the last crop and the
new crop now almost ready for harvest
ABOUT $4,000. 900. Latest reports from
india state that there is little prOspe /
OF much OF an export movement from
there. az q lack OF rain hurt the new
crop and that supplies will be needed for
home consumption. Tho United States has
about $4,000, 600 bushels and Canada
about bo,oeO 900, making a total in the
four exporting countries Of $4,000. 900
available for export. This compares with
pre-war import requirement to Europe
OF about $4,000. 600, leaving u surplus to
meet the emergencies arising from tie
war OF 2lO, coo, 900.
CORN-Market feyorlsh. with traders
inclined TO even up their contracts for over
tho holiday. In the local cash market
No. yellow corn was quoted at Sl6lS, ,
No, white, SLSs cost and freight New
York.
OATs-LOeal cash market was nrmj
standard quoted at SO q safe; No. white,
s3bac.; No, 3 white, S2ia aS3c.; No.
white. s2YS2h! fancy clipped white. SAG
s6e.; ordinary clipped white. S2ls gS3c,
all elevator.
ME-Market steady No, 2 Western,
tl7sts Nost aud freisht Now York.
BARLEY - Market steady; feeding
tlloi milling, $l.ls' cost and freight New
York.
BUCKWHEAT 49, Market dull; sound
milling, $3.50 cost ana freight New York
HAE-Alarket firm; No. ., 3l,s5Gl.9o;
No. 3, N.7O9lso.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28

ured roughly to equal IN per cent of
the gross resources Of each hank and
trust company for every period Of two
weeks, or a total Of per cent. monthly.
Il appeal with confidence to the pa
t7otie bankers TO continue TO furnish the
financial assistance imperatively re-
quired by the Government to support
Americas sons on land and sea until the
final contamination OF their wonderful
victories"
1t became known to-day that the
Treasury had advised the War and Navy
departments that 1t would be legal and
desirable In many cases to pay lump
sums to manufacturers with whom con-
tracts are cancelled. to cover loss suf-
fered by the contractors for counter
manded orders. Legislation may be nee
essary, however, to provide for paying
claims of manufacturers who have pro-
ceeded on Geographic or letter instruc-
tions from the War or Navy Department
and have not actually signed formal con-
tracts,
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
Task Set for Banks.

IT Is not at this moment possible to
:oTecast the cash disbursements OF the
government during the period OF some
I'VE months which must intervene before
uls n'"eeeds of another great public loan
'ud reach the Treasury, nor therefore
70 announce at this time the minimum
eemount Of each fortnightly issue OF Ger
uncaics further than to say In all prob
"D.Aly II win not be less than $500, 0OO.-
gVQ nor more than s75aO00. 900. The
FEDERAL reserve banks will advise all ma
IONA. and State banks IN their respec-
1--WE districts OF the amount Of certifI-
ates which they are expected 90 take
ron time to time IN pursuance Of this
p'0sFamIns, which amount can DO 1E-
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
EARNINGS STATEMENTS.
Railroads.
nHANn UvRTlNyK


Third week November
Gross .................. 81. 357.TS6 Inc SRs, 80
(Reports to l. G, c.
T.EHIGH VALLEY.
Month OF October
Total operating rev. 80, 297 6s2 Inc. q, S22,ltS
Operating income,,,, b29,So0 Inc. T,T6
From January l.
Total operating rev. .sS367sa 5s Inc. a.Tt2HA
Operating income, S,S8O, ass Dec. 3te0.7ie
UNION PACIFIC
Month of October
Operating revenue. $40 SOL 90 Ina. ta.7Ss.STl
Operating income,... SoOtSS Inc. t,tiS.Tsi
From January L.
Operating income. ts,Sta1ds Inc. 7,scs.iss
WABASH.
Month OF October
Operating revenue. tNeeI, $50 Inc, N.as7,Ms
Operating income. ss5AS Dec, s7,2l6
From January l.
Operating revenue. ..tss, 41e es6 Inc. g. 500 sds
Operating Income, 6,S09SS1 Ded. s,sl9.l67
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
STEEL COMPANIES
SEEK EXPORT TRADE
Independent Products COrpo-
ration Will Be Formed
May Build Own Ships.

Representatives of twenty-eight inde-
pendent steel companies met yesterday
at the Bankers Club and took further
action toward the formation OF an ex-
port corporation. As the first concrete
step toward the building up OF such an
organization a committee was chosen to
form and manage the proposed export
company, which according to preITm-
mary plans will be capitalized at S10,-
100000 and which will be known az the
Independent steel Products. Corporation.
The committee Is composed of A. C.
Dinkey, president Midvale Steel aud
Ordnance Company; E. q. Grace. presi-
dent Bethlehem Steel Company; j. A
Topping. chairman board of directors
Republic Iron and Steel Company; E.
A. S. Clarke, president Laekawanna
Steel Company; James A. Campbell,
president Youngstown Steel and Tube
Company. and p. D. Block, vice-presl-
dent Inland Steel Company.
The formation of this committee
marks the beginning of an organiza ton
which will be strong competitor for
the export business Of tho United States
Steel Products Company, the export
subsidiary of the United States Steel
Corporation. The new organization Is
prepared to go. as far as building its
own ships IL such action is not contrary
to tho provisions of the Webb law. The
matter Of constructing vessels Is being
looked into and definite steps will be
taken as soon as an Interpretation of the
Webb act on this point can be obtained.
The definite working out OF the plans
for the new organization, because OF its
scope, Is expected to take some time.
IT is known, however, that every indie
pendent steel company will be repre-
sented in the export corporation. The
United States Steel Products Company.
which. Is not interested in the new or
ganization, has been large exporter of
steel for several years, and has been
maintained during the war years not
outstanding that its export business
was reduced to almost nothing. With
the return of peace, however. II II pre-
pared to reenter the foreign trade.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
N. & W. GOLD BOND ISSUE.
To Give Stockholders Privilege Of
Subscribing et Par.

The Norfolk and Western Railway
Yesterday announced that II would soon
offer holders Of common and preferred
stock the privilege Of subscribing at par
to ten year 8 per cent. convertible gold
bonds, each holder being limited to IL VI
per cent. Of his holdings of stock as OF
record December IS. The honda will
be dated September I, 1918, and will
mature September 1. 1929. They will
be convertible into common stock at par
during their life. Should all of the stock
holders take advantage of the privilege
offered To subscribe the new issue will
be approximately $4,000, 900.
The subscription price will be payable
on the following terms Forty per cent.
on or before January 25, 1919: 80 per
cent. between May 1 and May 2, and so
per cent between September and Sep
tember 9, 1919, partial payments to bear
s per cent. interest,
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
FINANCIAL NOTES.

Guaranty Trust Company announces that the
defnltive notes Of the Issue OF $40 900 900 Llg
year period will be ready for delivery at
the ofnce OF the institution in New York
next Monday.
Jersey City will Issue sa9Sj, 900 OF per can't
bonds early next month to run for thirty nino
years,
Edwin q. Hooley & Co. announce that
ii. IL Walther has become associated with the
company.
stocks Of cotton stored In New York ware
houses on Tuesday amounted TO 6S 6Sl bales
compared with Si,j32 bales last year.
The state Department has issued d charter
to the AdelbeIg FEEDER Stores. Inc, To- deal Ip
weerinr apparel. The concern is capitalized at
81, OOo. 900,
New York Stock Exchange has admitted the
following 10 list City OF New York, A7 TOO 600
United etateA Rubber Company, o. 0oo. 900 tenn
porary . year per cent. o0up0A notsA
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
NEUTRALITY-SUSPICIOUS.

'f s. SHI 49, 81, s. so 'iS eS q V S. ss
so sheep, s5. IS so; I culls, g.. 81. Tobln
& Shannon: 90 State lambs. rs. sl5. o
u State ~ iamSs H. ;i77S iis g. so 20
lss, Ga, SIS IA; 125; 90, l3, IA, -
So 80; 81 ouiIs. ~, Sl: 9 sheep, l1Q,
state lambs, .os. 111; 10 ouls, 49, $40;
Z sheep. III, 50,
HOGS-Recelpts $500 head: car on
sale. Market steady at 1lS,25 per 100 lbs
roughs S11.25. Country dressed hogs un-
changed at 20 n26c. per To-. roasting pigs
rs a. Soc
SllOs-Kerns Commission Company: II
State hogs, 14S lbs. average, SIS 20,
1873. SIS: roughs 2G5 Sld25, j. sham
berg Son: 35 Tennessee hogs, 19G, SIS. -.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
TWO EXCHANGE SEATS SOLD,
j. E. Thompson and c. II. Boynton
Each Receive $4,000.

Announcement was made yesterday
that the New York Stock Exchange seat
OF J. Edward Thompson has been sold to
L. Nj. Hamlin and that of c. II. Boynton
to Otto Abraham. Each seat was sold
for $4,000, comparing with the previous
sale OF $780, 900.
The Stock Exchange has accepted the
resignation of James Il. Taylor as sub
stitute for John G.. Bates OF Taylor,
Bates & Co, and has elected e. d. Levi
son and C. L. Morse members of the Elk
change.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
STEEL SPRING DIVIDEND.
Quarterly Payment OF 81 q share
to Ne Made on Common,

A quarterly dividend of 50 a share on
the common stock was declared yester-
day by the Railway Steel Spring Com
pany, payable December 90 10 stock of
record December II. which is an increase
OF three-quarters OF l per cent. over the
previous quarterly dividend OF IN per
cent.
The regular quarterly dividend of Ia
per cent on the preferred stock was also
declared yesterday. This Is payable on
December 20 to holders of record De-
cember T.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
STEEL PRICES MAY
DROP JANUARY 1
War Boards Advised That Rate
Fixing Will Not BE
Continued.
FOREIGN ORDERS COMING
Automobile Manufacturers
Pressing for Early Deliv-
cries of Sheet Steel.

The outlook for the iron and steel
trade Frightening with the resumption
OF buying FOR peace requirements and the
mental as we'll as physical readjustment
Iollowing cancellation of war orders.
The depression OF the last few weeks has
given way to conservative optimism de-
spite the fact that it Is generally recog-
nlzed that the Industry Is as yet by no
means "ost Of the woods" according to
the iron Age, which says:
New inquiry, and particularly that
representing export demand from many
sources, has given a new turn to steel
trade sentiment this week, after fort
night OF absorption I'm cancellations
Generally producers have been stiffening
against cancellations unless directly due
to Government action, and they have
now been aided I'm this stand by the ap-
pearance OF an unexpected number of
Milling In orders and by the fact that
outside of the scrap trade prices have
oeen maintained thus far.
There is little disposition to overrate
this buying, as II is generally recognized
as limited TO the meeting Of necessities
which only war could have pushed aside
and Is therefore not likely to develop
into a movement that will reinforce
prices.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
NO COMMON STOCK DIVIDEND.
Childs Company, However,, Au.
thorizes Payment on Preferred.

Directors OF the Childs Company at
a meeting held yesterday took no action
on the dividend on the common stock,
but declared the regular quarterly dlyl-
dend OF tx per cent. on the preferred.
Heretofore the common and the pre-
feTred dividends have been declared at
the same time and the Street believed
that the dividend had heen passed, al
though there was no official announce
ment on the subject. -....
Three months ago the disbursement
on the common stock was reduced from
~ per cent. to ons-half OF per cent.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
LIvernooI Cotton Market.

LIVERPOOL. Nov. 27.--Cotton-Spot IN
fair demand. prices easier; American
mIddling fair. 2305d.; good middling.
22.37d.; middling, 21.74d.; low mid
ding, 206ed.; good ordinary, 19.16d.
ordinary. 1S.6id. Sales / 1000 bales, in
Guiding 900 American. Receipts $4,000
bales, including 1O,7O0 American. Flu
lures closed barely steady.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
DIVIDENDS AND INTEREST.
TME pEI. AMNRE 8 MrnsnN coMrA.

New York. November ~, 1918
A quarterly dividend of TWO AND ON %
QUARTER t2i4) PER CENT, on the cap
ital stock Of ibis Company In favor Of stoele-
holders OF record At the C.oso o. business
to-day has been declared payable at the
office OF tails Company, 80 Nassau street,
In this City on December 20. 1913 pros
vided that before sIid date there shan have
been received from tho United states Cow
erum emit a sum sutheient In the opinion Of
the President, with other available funds.
20 pay tho same, and payable at later
date. when. as and II such sum shall! DO
80 received.
BY order OF the Board OF Managers
W. IL DAVIES. Treasurer.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-11-28
COTTON STATISTICS.
Wednesday weel
New Orleans Cotton Market.

NEW ORLEANs, Nov. 27.--After a rise
OF to II points around the first call to-
day cotton fell OFF under the ruling by
the Bureau OF Markets at Washington
that bales were tenderable on contracts,
and maintained a net decline until the
close. with losses OF 3 to IS points De-
cember 2760c. January. 26.75c. March,
26.13c.; May, 25.72c.; July. 25.a5c. Spot
cotton quiet and unchanged. Middling
2975c.