Evening star., 1934-11-03
COTTON STEAD|ER
NEAR WEEKS END
Better Tone at Liverpool
and Firm Spot Prices
Are Influences.
BY the Associated Press.

6y the Associated FreSS.
NEW YORK, November 3.-The
attention of the cotton trade during
the last week has centered on chang
ing differences between months and
the development Of late month dis
counts, which evidently had an un-
settling effect on sentiment. Liquida-
ton at times was active and while
there was very little Southern selling
here, prices made new low ground fog
the movement, with December break
ing below the 1l-cent level for the
first time since early last month and
about half cent below the high price
of october IL.
Offerings then tapered of, and the
market was steadied toward the end
of the week by reports of better tone
in Liverpool, the firm spot situation
and an improved technical position.
March contracts after selling of to
1908 during Thursdays trading closed
yesterday at 1215, compared with 1927
at the close of the previous week
The trade has paid comparatively
little attention to weather and crop
news and little interest has been dis
played in the probable showing of
the Government crop report sched-
uled for publication next Thursday.
According to the New York Cotton
Exchange service, worlds consumption
of American for September amounted
to $4,000 bales. against $4,000 in
August, but the falling of was largely
due to the textile labor troubles in
this country.
Hester's Weekly Report.
NEW ORLEANS November 8 OP.-
Hester's cotton crop movement. August
to November inclusive. shows that the
last year and 1G7 ,S31 two years ago; for
the two days of November 1t was 1876
against 266.s99 last year and 46s.052 two
years ago.
The movement since August 1 shgws re-
celpts at all ports 2 303 .4S9. against s.
ago; overland across the Mississippi Ohio
and Potomac Rivers to Northern mills and
Canada, I96.0O5 against 24O.7OO last year
in excess Of those held at the commercial
year. 1.l27,32S. against 1.0s9.645 last year
and i915553. two 9 yea years ago sogtheGn eGo
last year and i. 247 600 two years ago.
These make the total movement for the
season 4.59S.S22. against 6,441.426 last
| year and 5 S24 537 two years ago.
Foreign exports for the week were 49,
| or. against 300. $50 last year making the
! total thus far for the season 1.362.437,
against 2.497561 last year. a decrease Of
| 1.135.124.
Worlds spinners takings Of American
cotton during the week were 275 900.
against 435. 900 last year and 354 900 two
years ago. distributed as follows
North and Canada. $4,000. against 62.-
| 900 last year and 47.000 two years ago;
| South. 10000. against 200. 900 last year
and 1872 900 two years ago; foreign. ex-
| elusive OF Cahada and Orient. $4,000.
| against Ill. 900 last year and $4,000 two
years ago; Orient. $4,000. against 1000
| last year and 10000 two years ago
Total takings Of American cotton for the
| season. 2.731 900. against 4.l45.000 last
North and Canada. 100000. against 4s7.-
| 600 last year and 391 900 two years ago;
South. 1,O16.000. against 1,b0S00O last
year and 1878 900 two years ago: foreign,
| exclusive of Canada and Orient. q53 900.
| against 1885. 900 last year and 1925 600
two years ago. Orient. 1885, 600. against
81 5000 last year and 623.oOO two years
ago.
Stocks at the sesboard and 102 leading
| Southern interior centers increased dur
| ing the week 10l .406 against an increase
| during the corresponding period last sea-
| son Of 1405S9 and are now 74S367 small
er than at this date in 1893.