Evening star., 1918-04-06

NEW YORK, April Cotton futures
opened steady; May, $3.50; July SS'z2'
October, 81 SO; January: 81 so.
Futures closed film: May BIS; July
33.45: October, 32.05; December, 31-73;
January, 31.5o.
CottonLSpot, steady; niddling, $3.50.
Offerings We're readily absorbed later
in the morning with trade interests
particularly good buyers of old crop
months. while covering continued, with
the market evidently taking more
cheerful view of price-fxing possibiii-
ties. At any rate, the rally continued
with July selling up to 33.46 and Oc-
tober to 1905 in the late trading and
with the market closing firm at a net
advance of 20 to SO points
NEW ORLEANS, April 6.-Dispatches
from Washington stating that the war
tlt!ustries board was not contemplating
an attempt to regulate the price of raw
cotton caused heavy buying in the
market here today in the face of gem
eral rains over Texas and Oklahoma
which were accepted as breaking the
long drought in that section of the belt.
At the end of the first half houf prices
rose II to so points.
Futures, steady; opening bid. May,
1886; July. $3.50: October 1851; De-
cennber. 3o36, and January, 3o21-
Spot cotton quiet and unchanged.
Sales on the spot. 272; to arrive, 2oo-
|
good middling. 35.15.
Covering on the part of yesterday
short sellers increased the advance to
80 to AZ points, but the upward move
ment was checked late in the session
by liquidation from the long side
LIVE STOCK MARKETS.
Weekly report of live stock and meat
trade conditions here for the week ending
April 6, by the United States bureau OF
markets:
trading were: The slowness of the beef
trade, the increased activity in the lamb
market and the high prices reached also
the draggy ard declining pork market.
Receipts of beef were about 10 per cent
more this week than last, but. on account
of the very slow and draggy demand the
first three days wholesalers. because they
held for steady TO higher prices, expert
enced considerable difficulty in making
sales, Stocks accumulated in the coolers.
Today however. retailers showed a little
more desire to buy, and all beef unioaded
will probably be cleaned up s, 1,,,
Local veal slaughter was normal The
market held steady to firm at prices rang
ing from SEQ to S26.
Receipts of pork so far this week have
been almost three times as heavy as
last week Prices have declined about
50 on Ioins Other cuts have shown
considerable weakness.
Lamb receipts were about Is per cent
more than last week. but the demand
showed a great improvement and prices
advanced a good 50 on all grades. Very
often medium lightweights sold as high
as choice heavier weights.
No mutton was on the market.
The market is going out fairly steady
on beef with coolers in good shape, but
some cars on the tracks are not un
loaded. Lambs cleaned up at strong
prices. Many frozen ones are offered
to take care of the demand which ex-
ceeds the supply of fresh ones. Veal
is about all sold. Pork is closing weak
at lowered prices and there will be a
heavy carryover.
CHICAGO, April 6.-Hoss-Receipts,
II. 900 head: strong. Bulk, 17.30a1T.S0; ;
light. 1T.20a17.90 mixed. 17.oea17.35; /;
heavy. 16.20a1765: rough, 16.20al6.5o;
pigs. t2.75al6.90.
Cattle-Receipts. 5000 head; steady.
Native steers, 10.15a15.50; stockers and
feeders, S.40a12.00s cows and heifers,
6S0a13 90; calves. I1.00al700
Sheep-Receipts. 1000 head; firm.
Sheep, 12.50al7.50; lambs, 16.0oa2o.60.