Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-03-07

RIES-
2 Msy $3.50 g: g :s ae g:
NEW YORK. March 7-FIour-Firm:
prices are government basis, 100 per
cent, in sacks to arrive: springs 10 75a
lI25: winters, 1OS3a11.15; Kansas,
lo90a1 1.25. Pork-Unsettled: family.
$500: short clear. 52.o0a55Oo. Other
articles unchanged.
COTTON MARKETS.
NEW YORK. March IA very sharp
pool was attributed by private cables
to reduction of per cent in the Brit
ish war risk insurance rate, which was
calculated as equivalent to a decline of
about 81 so per bale in the cost of land
ing cotton abroad. The local market
opened at a decline CT 4 to u points
under realizing and local selling which
had been in progress at the close yes
terday, but soon turned steadier. the
influence of the lower cables being off
set by a hope that reduced war risks
would encourage exports. May rallied
from 31.76 to 32.n9 and October from
5000 to 30.41 before the end of
the first hour or about 20 points higher
as compared with last night closing
figures
Futures opened barely steady: March,
s210; May, $3.50; July, 31.34; october,
30.15: December. 29.SS
the mdmorning advance. which ex-
tended to 32.1T for May and to 1880
for October, or % to 30 points above
last nights closing figures. After the
close abroad and the withdrawal of ar
bitrage orders trading became less ac-
tive and prices sagged off under realiz-
ing. Part of the selling by spot houses
was attributed to hedging purchases in
the south.
Spot cotton steady and unchanged.
"a aS tIoa taJ1
1850 bales Low middling. 30.75: mid
ding $3.50: good middlng. 1880. Re-
ceipts, 5,s17 bales; stock, 1863 bales
NEW ORLEANS. March Poor ca
bles caused a drop of S to Il points in
the price of cotton here on the opening
call today. but the market mmedia tely
came back on dry weather in Texas and
reports of a reduction in marine war
risk rates. AT the end of the first half
hour prices were to 10 points over
yesterdays close.
Futures opened steady. Opening bid:
March. 31.44: May. 1867; July, 1925;
October. 1912; December. 2S.95 asked.
The demand increased and in the
trading up to noon the advance was
widened to % to IS points
o.. LIVE STOCK MARKETS.
Report of live stock and meat trade
conaitions here today. made by United
llet Steady to a shade weaker demand
a little better Steers-Recepts moder-
bulk is of the poorer grades. mar
ket firm on good cattle, demand fair
CoWS-Receipts light. market unchang-
ed. demand slow. Bulls-None on the
market
-Veal-Supply liberal, western dress
ed selling around SIS on account of
poor quality; local slaughter; market
unchanged, demand fair.
, Pork-Supply liberal, market un-
changed. demand light.
T. Lamb-Receipts moderate, market
firm. demand active.
Mutton--No offerings.
= CHICAGO. March 7.-Hogs-Receipts
$4,000 head; strong: bulk, 1670a17. IS:
light. ~fT:00a1760: mixed, 16e5a17.5O
heavy. 16.00a1710; rough, 160Oa16.25:
pigs, ,13.00al6.75
native steers, s.soa14.10; stockers and
feeders, 7.70a11.25; cows and heifers
6i60a11.75: calves, s.75a1475.
.{Sheep-Receipts, $4,000 head; firm:
sheep. 10.75a13.75: lambs, 14.25a1S.o5.
--.-.- DAIRY MARKETS.
CHICAGO, March 7.-Butter-Un-
changed
Eggf-Higher; receipts, s,7s7 cases;
hrsts,' 81 12aSs; ordinary firsts, 351sa37;
at mark. cases included. 36a37
Potatoes-Higher; receipts, 81 cars;
Wisconsin Michigan and Minnesota,
bulk, 1.1oa1.20: do, sacks, 1.15a125.
: Observation-Disclosures
NEW YORK, March 7.-Butter-Eas-
Ter; receipts. 6,71o tubs: creamery. high
er than extras, 4S1aa49; 90 score, AKA
AS; firats. As l2a47 y; seconds 45a46
EGGS : Irregular; receipts. 22,S6O
cases; fresh gathered extras, AZ; extra
frsts.- 4o@a41; firsts. 39a40: seconds,
81 1ha3S1a; state. Pennsylvania and
western hennery white, fine to fancy.
49a50: do. brown. 42a43; do, mixed,
39a41.
- Gheese-Weak: receipts. $50 boxes:
state. whole-milk. flats held specials
253422Sk do. average run, 25a25ta.
- Poultry-LiVe, irregular; old noosters
24a27; young ROSTERS, 33a35: turkeys,
25a30.- Dressed, quiet and unchanged.
|, LONDON BANK STATEMENT
LONDON, March THE weekly
statement of the Bank of England
shows the following changes: Total
reserve increased f392 900. circulation
increased f34o,0oo. bullion increased
f131, 1928, other securities decreased
E4b0000, public deposits decreased Ell
$4,000, other deposits increased f12,-