davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-08-16
MO. PACIFIC WILL
APPEAL DECISION
Both Sides Of Texas and Pacific
Case Are Expected to Be
Reopened.

The Missouri Pacific Railway will
appeal to the Circuit Court OF Appeals
from the recent decision OF Judge Fos-
ter in the Federal District Court at
New Orleans dlsmissing It's claim
against the Texas and Pacific for ap-
proximately s25.ooo.0oo. representing
about twenty years unpaid interest on
s23. 100000 of the latter's income bonds
owned by the Missouri Pacific In that
event it is believed that the Texas and
Pacific would enter an appeal from that
part of the decision which orders II to
pay the Missouri Pacific about s3.000.-
600. representing the principal and in
terest on promissory notes issued by
the Texas and Pacific. which later con-
tended that the notes were not valid.
In the opinion of Carl A de Gers
dorff, of the law firm Of Cravath, Hen
derson, Lefflngwell & de Gersdorff,
counsel for the Missouri Pacific, there
is thus strong likelihood that both
phases OF the tko-sided case brought by
the Missouri Pacific early last year will
be reopened before the Circuit Court OF
Appeals. 1t Is believed that the argu-
ments will be heard in January. with
great possibility of final decision by
the spring of 1922.
Both angles OF the case involve the
payment of interest on the Texas and
Pacific's income bonds. AS holder of q
large block of those securities the Mis-
souri, Pacific has based it's claim for
$25. 100000 of unpaid interest on the
contention that the Texas and Pacific
for twenty years used for additions and
betterments to its own property funds
which should have been used for the
payment of interest on that issue of
bonds. The Federal Court, however,
upheld the position OF the Texas and
Pacific that the interest was payable
only If earned and that 1t acted WITHIN
its right In using the funds In question
for property improvements.
On similar grounds the Texas and
Pacific opposed the payment OF $2,500,-
600 OF its promissory notes and $780,
600 in interest accrued thereon, issued
TO the Missouri Pacific in payment OF
the interest for certain years on the
Texas and Pacific income bonds held
by the Missouri Pacific. The Texas and
Pacific assumed the position that since
the terms of the mortgage made no
provision for payment of the bond in
terest If not earned the notes were not
valid. Although no official information
as to the course of the Texas and Pa
cific could be obtained here. it Is be-
lieved that 1t will contest the Federal
Courts decision which upheld the Mis-
souri, Pacific on that Issue.
The New York herald., 1921-08-16
PRODUCE.

BEANS AND PEAS. = Beans. marrow.
cholce. 100 pounds. s8.25nG.50; pea. choice.
as; medium, choice. -; Lady Washington,
California, s8.75; kotcnsshl, japanese or Co
rean, si25. rod kidney. si2; imperial. 80.
white kidney. ST.: Catalina, Italian, 80, yell
low eSe S7.50as black turtle. S. pink. Cali
forniu, sT.T5. lima, California, Sg.a09G.TJ !;
MAZDA gascar, 1920, s.. 50035O. Peas, Scotch
81: Ercen domestic, 50 black eye. Califor-
MIA. St0.2JaiO.J0; splita, yellow or green,
sG.TIitT.
BUTTER.--Creamery. higher than extras,
pound, 4tlsSt45c. extras, u2 score, 43M044c.:
frsta. 3sfs9343c. geconds, 38U3Sc. lower
sra DEF, 3fFD3jc.; uusalted, higher than ex-
tfas, 4gfHi6isc.; extras. 4JfD45iac., firstH, Be1
4sc. seconds, 2Gn939Nc. dairy tubs, finest,
1885, good 10 prime, 3sl1flc.; common 70
fair y2t37c. ladies' current make, flrstst ~
fiJJc. seconds. 29n83Oc. lower grades, 2s9
200; packing stock, current make, No. I,
CTFEsE.-Ncv' York S.ate nnts, specials
2iQ21hc. average run. 0d20hc.: State
twins. apecials. 2ia2iMc.; average run. 2fgs
20Mc. Wisconsin, double daisies. fancy 20
M20Ac.; single daisies, fancy, 20n2ic. !;
Young Americas, 22d23c. state skina,
s0i5c.
E6GS.--rreah gathered, extras. dozen, ~
T45c extra flrsts, 3s141c.. nrpts 34U3Tc. !.
seconds, 2nG33c.; trade eggs, 23n3Oc. dir.
ties. regular packed, No. /. 2802sc. No. 2
and poorer, fSU2jc, checks, fair TO choice,
dry, 22n2tc.; refrigerator eggs, speciai
seconds, 5ifr34c. white eKgs. 3sfeS4c. state,
Pennsylvania and near BY Western henuery
55c.; firsts, s7Q50c.; gathered whites, firsts
The New York herald., 1921-08-16

to extra firsts, 4795oc. under grades, ESQ
48c. Pacific Coast, white. extras oo0oSc.
xrs ft so90stsb fySt esoTB 4gsged snd souts
ern. gathered whites, s4ge8c: state, en,,r rennr
syivania and near by Western hennery
mixed coiors, graded extras, 421t5c.; firsts
to extra firsts. 35@41c
FRUITS, FRESH-APPLES-oire bas-
et siS red las s,gs22 wsms nSsnss'; reS so ss ssY
Gravenstein, s4Q7. PEARs-Georgia, Kief-
fer basket, q; up river o6l.. seas; nassse5; sst;
f7c. BLACKBERRIEs-J Jersey. quart. 200
&c. BERRIES-Pennsylvania and
Jersey, fancy, quart, 2s03oc poor 70 aver
sgs. or,b 1ogsaq carolna oV' crate sia5ai75 state
fancy. bushel basket. ss.2Sde9S9 poor. 81
a2.50: state. ~ quart basket. slgl.2a: up
ssa5..5o: 10 quart basket, sl.2ba2. MUSK.
MELONs-Calitornia, Turlock. standard
crate, ST .25d1.5o; flat. 75Js5c. New Mes-
nessee. GOasjc; Maryland, jumbo crate.
sI.7sa2.25; 36s, 81 .2y. 80; standard crate
9ial ao az 5Se 'I M MaEyissina Esi as s,aS Rlas.
dard, si.25ai .5o. fiat, 75c.9sl Jersey. Ford
tIcok. crate. si@I.25. OSTRICH EGG
MsLoNs-Arizonat crate, 2.7593 South ~
If2 chsABA MisLoiNs~Arizona, crate, s2.75gs.
ORANGES = California, box. s550d7.6o.
gAPEFRurT7-Por,r9u Hie9; ees S1gI Gsl sel
g2l450. AVOCADO PISARS-Cuban, box.
s2d8. Florida. box, s2d4.
PoTAToEs-Long Island. bbi. ssa5.5o;
fnlpay, tbi.. S4gB: Jersey 1876 ~. bag, $3.50
1925; 100 10. bar, f4a4.75: No. 2, ki.50l
2.25; Maryland bbl., f105. Southern. s2lf5,
aweet potatoes, Virginia. bbl, t4d0 North
Carolina, bb., s3.J0lt5. Jersey, new, bus
KIT, f2.J0a3.25; y0rnr. bbl., t4ag.
POULTRY, DRESSED, FRESH KILLED
OBSERVATION-DISCLOSURES. broilerr, boxes, 90U
80. fryers. 40W44c: roasters, 82di7c.;
western, bbls., dry packed, 31fb35c. iced.
32V38c.. No. 2, 2flt2sc.; Virginia. $780,.
hbis dry. 2yaygsc bbIs loed osSs27c ~
COCKS-22n2Tc. TURKEva-25a85c DUCKS
Long Island, 2Sc. SQvABE--White, doz.,
- soar, FROZEE-.Chickene, broilers, 300
3gc.i fryerr, 30a3sc. roasters, 40d50c.;
The New York herald., 1921-08-16
COTTON MOVES IN
NARROW BOUNDS
High and Low Marks Separated
by Only Is Points-Part Of
Early Loss Recovered.

Uncertainty Of trend marked yester-
days dealings in cotton futures. price
movements being restricted to exceed
ingly narrow limits hardly 10 points
separating high and low. The majority
of operators adopted waiting attitude
pending new developments, but there
was some scattered selling based on
the Improvement In the Western belt
weather situation and the slightly lower
Liverpool cables. The heaviness of se-
curities and foreign exchange were
minor bear factors. At the outset the
list was barely steady and under scatter
ed selling pressure. first Gales being
to Is points under Sa turday's close.
Demand increased directly following
the call. and before the end OF the first
hour the market recovered about half of
its opening loss. The weather map
showed fall Of nearly inches at Anna
rillo. Texas, and scattered showers In
many portions of the belt. During the
first hour Liverpool and the South were
among the principal sellers. while local
room traders and New Orleans interests
bought. Shorts continued cautious. The
market drifted idly as business pro-
gressed. getting nowhere at all.
In the last hour increased support de-
veloped, with the result that the list ad-
vanced a point or so over the preceding
finals. The rally attracted new South
ern selling. the late market easing off
again but maintaining a fairly steady
undertone. Liverpool reported quiet
market. Sentiment was bullishly af-
fected throughout the session by the op-
tlmistic reports from yarn and cloth
markets of this country. Final bids were
to IL points under Saturdays close.
The local spot market was off 15 points
to 1905.
The New York herald., 1921-08-16
OFFICERS WILL
COMMAND FIELD UNITS
Transfers Made at Desire of
Secretary Weeks.

WASHINGTON, Aug. 15.-Veterans of
the army General Staff with services
antedating the world war who were
members of General Pershing's staff in
France and later returned to staff work
in the United States are among those
listed for early assignment to field
commands.
The change follows the new policy
announced by Secretary Weeks Of hav-
ing general officers familiarize them
selves with the employment of arms
heretofore considered as separate
branches of the service, and expresses
the Secretary's desire to have general
officers qualify for command of divi-
sions equipped with all types of weap-
ons.
Brigadier General Dennis e. Nolan.
chief of the Intelligence Service, will
command the Second Field Artillery
brigade. though his previous commands
have been in the infantry and cavalry
exclusively. Other transfers include
Brigadier General w. d. Connor, named
as director of the new supply division
of the General Staff: Brigadier General
Robert Alexander. assigned to the Third
Field Artillery Brigade. and Brigadier
General Chase w. Kennedy, to be COM
mander of the Ninth Coast Artillery
District.
The New York herald., 1921-08-16
Toxvn and county Offeringr.

c. ". Whitis & Co. and Clark Will
liams & Co. are Offering an Issue of
$4,000 town OF Hampstead. L. I,
Union Free School District No. IL 6
per cent coupon bonds. due serially
$4,000 yearly, in 1925 to 1910, inclusive,
yielding $50 to 5.95 per cent. The
bonds are legal investment for New
York savings banks and trust funds.
II. L. Allen & Co. and Barr C Schmelt-
ger are Offering a new issue OF s150.000
Orange County n. Y, 5h per cent.
highway bonds, yielding 5.25 to sos
per cent. according to maturity. They
are legal investment for savings banks
and trust funds in New York. c. w.
McNear & Co. are offering 100000 New
Madrid County, Mo-, per cent. bonds.
maturing In 1926 to 1882, inclusive, at
prices 10 yield to $50 per cent They
are direct obligation OF the county,
which Is one OF the richest agricultural
sections OF Missouri.
The New York herald., 1921-08-16
LIVE STOCK AND MEAT PRICES.
SUES TO RECOVER s4s,o4o.

Thomas De witt cuyler. az an ex-
ecutor OF the estate OF Maria De Witt
Jesup, who died June IL, 1914, began
three suits in the United States District
Court yesterday TO recover GUMS aggre-
eating $4,000, said TO be improper
assessments levied on tho estate by
Mark Eisner. former Collector OF Inter-
nal Revenue. The complaint, filed by
Parsons. Closson e. Mcrlvaine, attorneys
for the estate, alleges the money was
paid under protest 10 Collector Eisner
because OF threats Of the imposition ot
penalties.
The New York herald., 1921-08-16
Market Almost Mt standstin.

Little interest was displayed In yester-
days movements of bond prices. Indeed
the market was auieter than It had been
in any OF its sessions of several weeks
and price changes were unimportant,
varying only fractions from the final
figures on Saturday. The bulk OF the
business IN bonds was confined TO the
United States war bond group, and
moderate gains were made by Victory
4Ms and Third and Fourth Liberty
Ais. a few industrial Issues were In
demand. namely American Agricultural
sMs. Sinclair oil 7IAs, Goodyear Tire
ss and Wilson & Co convertible 6s.
international Mercantile Marine SIS were
easier. The railroad group was with
out feature. Foreign Government bonds
were practically unchanged.
The New York herald., 1921-08-16
Equipment Trust FIotatIon.

Halsey Stuart & Co. are Offering a
limited amount of San Diego and Ari-
zona Railway Company guaranteed nom
callable equipment trust certificates
fifteen year s u per cent series A, due
on June Is, 1896, at 90 and interest
to yield about $50 per cent. They are
guaranteed by the Southern Pacific
Company.
The New York herald., 1921-08-16
Average Bond Prices
August Is. 1921.
BOND NEWS AND NOTES.
Detroit Issue on Market.

Harris. Forbes &c Co. have purchased
at 1Oo.s5 s2,0oo,0o0 City Of Detroit
51a per cent. bonds. due s1.000.000 on
August 10, 1914, and s1,000,Oo0 on
August Is. 1946. Their interest Is pay
able semi-annually and they are in
coupon form in denomination Of $1,000.
The bonds will be offered to yield $50
per cent
The New York herald., 1921-08-16
TO THE HOLDERS OF
[JNTON TANK CAR COMPANY

Trust 7ss Gold Notes Series IA
I-he Equitable Trust Company OF New
York as Trustee under Union Tank Car
Company Equipment Trust Agreement. dated
August 2nd 1920. hereby invites offers TO sell
"a the Sinking Fund, Notes issued therelm der
to exhaust the sum OF Six Hundred nnd
Thousand Dollars t9625. .000) -
a price not 10 exceed par and interest.
Offers should be addressed to the TruN
Department OF the undersigned, No. 81 Wal
Street, New York City. and will be opened cs
twelve (12) o'clock noon, on August 10Th,
1921. The right IL reserved to reject anysand
all offers.
Dated New York, N. Y, August End. 1901.
THE EQUITABLE TRUST COMPANY
OF NEW YORK, Trustee.
by LYMAN RHOADES. vice-Prcsidhnt
The New York herald., 1921-08-16

fowls, 24@3sc.; old cocks, 21G25c.; capons,
4s153c. turkeys, 40655c.
POULTRY. LryE-FowLs-colored via
express, 23130c.. leghorn, 24926c. BROIL-
p2ec; leghorn, large, 27G2Sc.; leghorn, nv-
erage, 2JW26c. DUCRS--Spring. Long ISL
and. 2792sc.; ducks. 20025c.i ducks, Mus
covey, 15c. GEESE, swan, via freight or
express, 13c. PIGEONS-Per pair, via
freight or express, s5c. GUINEAS-Per pair,
90c. RABBITs-Via express. per lb.. IS
The New York herald., 1921-08-16
STRUCK NY STREET CAR, DIES.

Vedo Rubino, a laborer living AZ Z
Jane street, was struck by street car at
Fifth street and Avenue A. yesterday.
and afterward died OF fractured skull
at Bellevue Hospital.
The New York herald., 1921-08-16
LONDON MARKET.

LONDON, Aug. 15.-ITrading was quiet
on the stock Exchange to-day. Bar
gold. 112s money. per cent. Discount
rates: Short bills, Az per cent; three
month bills. ~ per cent
The New York herald., 1921-08-16
Bonds Added to List.

The New York Stock Exchange has
.dmitted to its trading list Western
Union Telegraph Company s15,000,000
fifteen year 6Ia per cent. gold bonds,
due on August ], 1886, when issued.
The New York herald., 1921-08-16
NOTE ON TOLLS BILL OCT. 10.

WASHINGTON, Aug. disagreement
for a final vote October 10 on Senator
Borah's bill providing free tolls for
American coastwise ships passing
through the Panama Canal was reached
to-day by the Senate.
The New York herald., 1921-08-16

: IN the numbers OF the ~ 2/3 bonds. issued
- U1der the trust deed OF the Chicago 4
Western Indiana Railroad Company. dated
accnber ist 1882 10 be redeemed. by the
q cleration OF tho Sinking Fund on September
~get next. AZ tho office Of Messrs. j. r..
Morgan Co., New York. AZ los and accrued
9N tereat 20 that date Registered bonds
sssHuuid be accompanied by n power OF at.
: rtsrney transferring them TO bearer.
The following are tho numbers Of bonds
: previously drawn for redemption but not
pct presented for payment;
~ Ibxs 900 l2sJ3 llgsb
~ HERBERT r. SATTERLEE,
PAUL G. PENNoYER.
Trustees.
The New York herald., 1921-08-16
STATISTICS.
Pennsylvania OIL MARKET.

OH CITY, Aug. 15.-Credit balances,
s2.25. Runs, 132.202: averages 59,72S.
92,432; average 4S,s74.
The New York herald., 1921-08-16
UNITED STATES GovERNMENT BONDS.

Closing prices OF stocks In which there
were no transactions yesterday:
The New York herald., 1921-08-16
LIVERPOOL.

Spot cotton in fair demand at / point de-
cline; mildlng. s.4Jd. Sales 5000 bales,
American 1000. Imports 16. 900. none Ameri-
can. Futures opened quiet. TO 8 points
lower. Closed quiet at to IS points de-
January, s.Ssd.; March. S.98d.: May, I'd.
Manchester. yarns duh; cloths quiet.
The New York herald., 1921-08-16
NE1Y ORLEANS

Market closed steady with net declines of
II to Is points. Closing bid; October.
IL. .59c.; December, 1880; January, 13.06c.; /;
March, 1926; May. 13.44c.
The New York herald., 1921-08-16
SOUTHERN SPOTS

Galveston steady, unchanged at 12.SUc. !;
sales 151 bales. New Orleans steady, un-
changed at 12.13c. sales lap. Mobile nom
inal. unchanged at 11.25c.; sales nil. sa-
Norfolk quiet, unchanged at 12c.; sales 134.
Augusta quiet, 13 lower at 1925; sales %.
Memphis steady. unchanged at 11.50c.. sales
475 Houston steady, 25 lower at 12.25c. !;
sales $3.50. Little Rock quiet, unchanged at
11.25c.; sales 297. Dallas steady, 10 lower at
11.35: sales / 400 bales. Montgomery firm.
unchanged at 1925; sales 30. Fort Worth
quiet, 10 lower at l1.40c. sales 1o1.
The New York herald., 1921-08-16
REDEMPTION NOTICE.
Chlregu anj Western Indians Railroad Co.

Trustees office tRoom 90, Sth Floor, Mills
Building.
New York, Aug. 8, 1921.
The Trustees have this day designated. by
The New York herald., 1921-08-16
BID AND ASKED QUOTATIONS
N. y. STOCK EXCHANGE QUOTATIONS

To the following prices accrued interest is
to be added:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-12-24
BRITISH TRADE SHOWS SLIGHT IMPROVEMENT
PRODUCE MARKETS
BALTIMORE GRAIN.

BALTIMORE. Dec. ss.-wheat-
Receipts. 3s.7ss bus. No. red win.
ter. spot, e1.23; No. . red winter
garlicky spot and December. s1.1sk
CoFn-Receipts, lB7.7sa bus.
Track yellow corn No. or bet
tor. domestic delivery. s4c bus.
asked.
Cob corn. 1910 Dbl. for carloads
prime yellow on spot. Contract
spot soc; year, SEC nominal.
oats-Receipts. nil. Market firm
1T 44c nominal for No. Q and liza
42sc for No, white oats.
Rye-Receipts. 4o.s33 bus. No. /,
western spot rye. Sc asked.
Hay-Receipts. nil. Fair to good.
mixed and timothy, s16a21.
Straw-Receipts. nil. Per ton. No.
tangled rye. 1880; No. 1 wheat
VII; No. l oats (nominal), S1la1l so.
Mill Feed-City Mills, winter
bran, per ton. 100-pound sacks. SAG.
Patapsco mill feed per ton. in 100,
pound sacks. $50: white middlinrs
per ton. in S0-pound cotton sacks,
s37; same In 100-pound tute sacks
s34. These quotations are for Job
bling lots.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-12-24
HOLIDAY TREND
ENVELOPS CURB
Trading Comparatively Quiet,
With Fluctuations Confined
To Narrow Range.

NEW YORK, Dec. 23.-The mar
ket on the New York Curb Ex-
change today was to a great ex-
tent of a holiday character and dur
iLg the greater part of the day
trading was comparatively quiet,
with fluctuations confined to a
narrow range. There were some
wide movements in the first half
of the day, when a number of Pc
troleum stocks were subjected to
renewed pressure and sustained Sc
we're losses. Cities Service was a
prominent feature in this respect.
falling from 1877 to 1ss, with a rally
from its low level after midday to
1913. Some of the other high priced
Petroleum issues also sold off in the
morning, Imperial Oil of Canada
declining "a points to los under
small sales followed by a rally to
104. Standard Oil of Indiana OPEN
ed lower but was in demand on the
declines and had a quick rally.
Medium price independent oils were
fairly well held ard showed little
change, but Maracaibo, the most
active of the tropical stocks, was
without nearby demand and
yielded az points to 20&, from
IL ~ 81 Kim BASIN
was heavy. selling at 6k and 6h
There was a moderate amount of
business in Imperial OIL of Della
ware at s1a and sS. international
Petroleum was steady and without
important change.
There was little change in the in
dustrial issues. most of the move
ments In these stocks being con-
fined to a fractional range. Inter-
continental Rubber sold at to 6A :.
Swift International was a strong
feature, advancing to 22h. The to-
bacco stocks were generally quiet
and without special change in
prices. Durant Motors showed a
slight decline. selling at 25A, and
the Indiana stock was traded in at
11S. Glen Alden Coal was I'M
changed during the first half of the
day. A small amount of business
was transacted in North American
Pulp at 23s and IN. Mining stocks
were quiet and generally un-
changed.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-12-24
BALTIMORE PRODUCE.

BALTIMORE, Dec. %. Fancy
creamery, 45a46c; choice creamery
42a44c; good creamery, 3sa41c;
prints, 46a4Sc; blocks, 45a47c; near
by creamery, 40a43c; ladle, 3oa32c;
Maryland and Pennsylvania rolls
2Sa30c; Ohio rolls, 2Sa3oc; West vir-
ginia rolls, 2sa3oc; store packed. Is
a26c: Maryland. Virginia and Penn
sylvania dairy prints, 2Sa30c. Proc
ess butter. 35a3Sc.
Eggs-The following prices are
for strictly wholesale lots; jobbing
lots are higher: Maryland and Penn
sylvania and nearby hrsts, 52a53c;
Western firsts. 52a53c; West vir-
ginia firsts. SIC; Southern frsts, SOC.
Live Poultry-Chickens, old hens,
AZ lbs and over. per ID, 23a24c:
medium, to 4 lbs, per Id. 21a22c:
smaller, per lb 1sa20c; white Leg
horns, per Id, 1Sa20c; old BOOSTERS,
14a15c; springers, large, per ID. 90
a2fc; small to medium 21a22c; white
Leghorns, per Id. 20a21c: rough,
poor and thin, 1sa20c; ducks, young
Pekins, BIZ lbs and over per Id, 25
a26c; puddle. per lb, 24a25c: Mus
covy, 21a22c: smaller and poor. per
Id. zoe: geese. nearby, per Id. 24a
CSC; Western. per lb. 23a24c: Kent
Island per Id, 27a2sc; pigeons, per
pair, young, 2oa26e; old. per pair,
2oa26c; guinea fowl, young. III lbs
and over, each, soc; smaller, each,
30c; old, each, Csc; turkeys choice
hens per Id soc; young gobblers. per
ID, 45c; old toms, per lb. 4oc: poor
and crooked breast, per Id, 35c.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-12-24
SHORT COVERING
SENDS COTTON UP
New Orleans and Liverpool
Join in MOvement-Late
Dizziness Sets In.

NEW YORK. Dec 23-There was
covering Of shorts in the local cot
ton market today following a similar
covering movement at New Orleans
and Liverpool. In the absence of
much new Southern or other outside
selling and little further liquidation,
prices on all three markets made a
moderate advance. The covering
movement was undoubtedly due to a
rather general desire to even up short
commitments over the uncertainty of
the next three or four days. as the
Liverpool, New York and New Orleans
exchanges will all be closed from
this afternoon until next Tuesday
morning.
street bull element took advantage of
this sort of buying-in Of short COM
mltments to bid the market up while
1t was on. In this way prices were
advanced about 80 points for Janu-
airy and March contracts from yes
terday's closing and about 20 for May
and July with October deliveries rep
resenting next years crop also marked
up to that extent. On this rise Janu-
airy contracts sold at 1910, March;
l7.s5. and July. 17.43 against 1853
for October of next years crop.
The market fell back about 10
points from these quotations In the
latter trading when holiday dullness
set in. At Liverpool cotton futures
closed firm and near the top at a
net advance of 10 to 90 points on the
day, as against the 5 to 10 points
decline prices. there should have sus-
tanned to have equaled out closing
quotations on yesterdays late de-
cline Spots there were dull and in
limited demand at decline Of
points to the present basis Of 10 7.sd
for middling, with the days spot
sales dropping off to only 1000 bales.
cables said the markets were
featureless to the outside Of the
movement in contracts over
the holidays.
FURNISHED BY ". B. Hibbs = Company,