Newspaper Page Text
10
Market Quotations For AEEE_Ending Px_l_)_r_ll 28, 1914
REVIEW OF COTTON MARKET
Heavy rains throughout the cotton belt, especially in Texas, -where the
crop is hy late; reports in clreulation t; the effect that these rains are
doing ronsiderabie Mxte: liguidation of July by longs, who replaced -their
lines in mew crop positions : the theory that the latter would be more sen
sitive to bad weather news than the old crops and would yleld more profits to
the pnrcme';, were the distinct phases to the cotton market the past week.
New crops were in brisk demand most of the week, while old crops suffered
depression at times, bcmg under pressure by longs, who were inclined to
switch their lines over into the new crop options. The last part of the week
new crops were rather freely supplied by Wall street and New York ring
professionals on the theery that they had been overbought on adverse crop
news, The list developed weakness and at the close prices were 4 to 11 points
lower for the day.
There is still a large long interest in May and July, especially July,
which was made mostly while March was the spot position. This inierost
was mainly encouraged on advices frfom the belt of good crog‘preparflllmv to
fether with reports of the most optimistic character from Manchester, say
ng that trade conditions there were of the most favorable character and in
dications pointéd to increased business activity. Naturally the trade real
ized it would take cotton to satisfy a demand, and, especially, when reports
of this kind point to big business, they purchased heavily, selling new crops
freely, but unfavorable weather has tended to restrict dry goods business,
making it apparent that July, as well as May, will not be any more active
than January or March. This gave longs a scarce, because they had pur
chased July around the low level of the season and rode the advance to pres
ent levels, all the time esmn% new cffips. against their purchases of July, In
the meantime, adverse weather conditions injected a cog in crop preparation,
especially in Texas, and there were complaints of bad seeds, lateness in
planting. Also that the fields were getting full of grass ‘and weeds, which
eould not be adjusted untll the soll got in shape to allow the farmers to work.
This kind of news, coypled with a report from abroad to the effect that Neill
Brothers, of London, ‘ere inelined to raise their estimate of consumption of
American cotton to 14,860,000 bales, naturally xfa\ve shorts a nervous reelufi
and they ran to cover, buying new crops heavily, fearing that old crops wou
rldeutlhe “toboggan’’ and new crops would soar to a closer figure to old
months.
The majority of traders are inclined to believe that new crops are a pur
chase on all soft spots in the face of present weather conditions.
Many reports are coming in from Texas and Oklahoma and complaints
of dnma{e to the crop and delay to the start are more general than before.
The start of the croy west of the river, according to reports received by
Hayward & Clark, of New Orleans, is decidedly unsatisfactory. FEast of
Louisiana conditions so far continue highly favorable. Montgomery, Ala.,
sums up conditions in the astern territory as follows: “Four per cent in
crease in fertilizer. Planting 85 per cent completed and about four or five
days later than normal. Considerable percentage in acreage not over 2 per
:m!r’n. _ A surprising number of correspondents report scarcity of satisfactory
abor.”
What is Belng watched by weather experts now, as the source for con
tir:lue“d, bad weather, is the formation of extensive cold weather conditions in
the est.
According to conservative quartérs in New York, the Government is
again in the market for duck and buying on a larger scale is expected dur
ing the week! .
Dallas, Texas, wires that conditions of the new crop was never worse
and not 30 per cent of the crop has-been planted in those sections of Texas
that produce two-thirds of the crop. Much overflowed land must be replant
ed. In Southwest Texas, where considerable stress was laid to the smali
crop last year, all spot cotfon is gone and what is left is rotten. Seeds
are the worst ever known. Look for greatest scarcity of cotton this summer
and very high prices.”
Sales of fully 50,000 bales of July by McFadden and other spot people was
the chief feature of the market last Saturday, when prices broke sharply.
The contracts were taken in small lots around the ring and probably repre
sented short covering. Both Weld and Sprlni uopgod most of the May no
tices last Tuegday, and some thought their selling Saturday meant re-tender
of cotton Monday or Tuesday. The large Philadelphia spot Interest opera
tions this week peint to the increase of supplies on May New York to be ten
dered on July, probably with the object of widening the July New York and
July-August Liverpool straddles. Trailers who take this view are ntld to
be short of July and long of October, believing tenders on July will material
ly narrow crop differences.
Liverpool continues to report bullish acbles, with s% sales runnlnqrnt
the largest of the season, aggregating from 10,000 to 12, bales daily. he
strong foreign spot market, together with Miss Ciles’ and The Journal of
Commerce’s reports on the acreage, which were regarded as bullish, the for
mer giving the area planted in cotton an increase of 2.3 Per cent, or an. area
of 35.0961.500 acres, as compared with an area picked in 1913 of 34.91(,.0%
and glanunz up to Afrll 26, or 34 per cent, compared with 40 per cent in 191
and 25 per cent in 1912, and the sale of fertilizer much less than last year,
helped to keep prices on an upward move. The Journal of Commerce acre
age estimate indicates an increase of about 1.5 per cent,o r rather to be ex
pected when final returns are obtained a month hence.
All in all mces from this time on will be governed almost entirely by
weather conditions, which must be closely watched. Continued rains would
fmve a very bullish factor. However, the season is not sufficiently advanced
o calculate as to the ultimate outcome of the crop, yet most any old kind
of crop reports can be had for the asking. Bullish or bearish, according to
the scurce and how the atmosphere of its promulgation may market commit
ments. ;
TUESDAY'S REVIEW., ’
NEW YORK, May s.—lnfluenced by
fiporu of rains over the belt and firm
verpool cables, the cotton market
pened firm to-day, with first }rflcu at a
net advance of 3 to 6§ ‘)olnt‘ rom Mon
day’s close, Liverpool gave notice of
both Continental and American buying
in that market, -ulpechny of new crop
positions. The selling was mpre or less
scattered.
After the call the selling became
rather general "on reports of no rains
of cunneqtuence #s shown on the offi
cial weather map. However, there
was privale reports of rains in the
western belt not shown on the map,
October was In good demand by a num
ber of brokers who usually represent
spot interests. July was also in active
demand, but the buylw, on the whole,
was rather concentrated, while the ring
and Wall street were inclined to sell
Jater on in the day old crops, especially
May and July, were the target for the
bears.
There was a continued absence of
support after 190 o'clock l.ng the bears
hammered the list down gy. On
the break, May dropped to 12.50, or 11
Folnta lower than moozgeninx. July also
ost 11 points, while er positions only
lost 1 to 7 points. New crop options
were the u!roxgut. Reports to the
effect that the Continent and European
houses were sellers contributed most of
the weakness.
Suprort was less in evidence during
the afternoon, based on more favorable
weather reports in the western belt,
This forced the list down several more
lm(ntl. May declining to 12,46, July to
2.15 and October to 11.62.
The Government's weekly weather re
ron was regarded as distinetly bull
sh for the western belt, but normal for
the eastern belt. The course of the
.
. Cotton Gossip
ety »
At the conference of cotton exchanges
at ':‘:suu yesterday, it was recom
me that all exchanges be muh‘d
to adopt the Government stand and
that the Government be asked to adopt
the intarnational standard, which Wwas
decided upon at a conference fn Liver
pool last year. S
NEW ORLEANS, May s.—~Hayward &
Clark: “The weather map shows part
cloudy to fair in Alabama, western 3-
kansas, Texas and Oklahoma. Cloudy
over the rest of the belt, g:onl rains
from east Texas to the A tic Coast;
heaviest in north Louisiana, north Mis
sissippl, north Alabama, Arkunsas, Ten
nessee and north‘wazt goonu.
The New Orileans Times-Democrat
. pevsunds o (kS faehion that bas
orop n
been so familiar for weeks and weeks
the problem of the new crop bécomes
more and more complex. |
“There can be no doubt that condi
tions are almost perfect throughout the
eastern belt, but the case is different
fn the West, and Texas !fimnu most
mm-wmm ring the lat.
ter half April the rainfali in that
State broke the record-—the average l'or]
fifty stations having been 8.86 inches, as
compared with 1.08 l‘n‘-rnu 1.16 in |
the year before last, With a dr{ lnv‘
this exceéssive precipitation would not
THE GEORGIAN’S NEWS BRIEFS
market will be governed by weather
conditions from now on.
At the close the market was steady,
with prices at a net decline 8! b to
10 points from the final quotaflons of
Monday.
Following are 11 a. m. bids in New
York: mh 12.50; July, 12.25; August,
12.11; Oectober, 11.67. :
Estimated cotton receipts:
: Wednesday. 1913,
New 0r1ean5........ 5,700 to 6,700 2914
Galveston .......... 1.800 to 2,600 2829
NEW ORLEANS, May 5.-—Weather
conditions over Texas and Oklahoma
were better during the past 24 hours,
with precipitation confined to the east
ern portion, and indications are for rela
tively fair weather for a da{' or two. In
the Central States the weather was bad,
with a heavy damaging rainfall over a
wide ar? and further unsettled weath
er ls indicated for the eastern half of
the belt, with the heaviest rainfall likely
in the northwestern guarter.
Complaims of damage, late crop and
searcity of good seed ¢ome from north
Louisiana and Arkansas.
Technical professional conditions com
mand the market to a large extent on
our side. Powerful straddle interests
between New York and Liverpool, with
the short end in the former market, are
opposing an advance on this side, and
the difference between the two markets
has reached the unusual figure of 130
points in the July position.
The feeling here is bullish on supply
conditions, and new crop prospects, but
there is no aggressive or concerted bull
ish action, and gains in the market
are easily upset.
The market here opened a little high
er to-day, but the market was flat and
soon eased on a little realizing on pros
pects of better weather for the Western
States.
‘Yuuy matter, Unfortunately the
| owmflt have continued in to May,
one e éanlcy Junetion) reporting no
less than 6.%0 inches within 48 howurs.
“There is but little to report with
reference to the progress of the cotton
crop in Alabama, except that the condi
tions have been of an ideal nature. We
have had warm weather and an excel
lent shower, which had been greatly
needed, and as a result the young cr&p
has prospered. Planting is completed,
and the cotton has come up to excellent
stands. There is no complaint of any
kind, which is natural at this early
stage, considering also the excellent
weather which has grovalled. Chopping
is progndnfi in the southern half of
the State, while in the northern half it
will begin next week. It Is the rule and
not the exception that the reports on
the cotton crop are good at this time,
bu: that n:hn:{l aul\‘ be said lor"t;m pmm
ent crop, as Sprung m
seed in Alabama and'{lu come up to
excellent stands. Which means & great
deal in resisting whatever unfavorabie
features may occur later,
“Without the help of Texas a b\u:ger
crop can not be made and & falrly ade
quate one is just within the pale of the
possible. And this view takes nho ac
count of the weevil, which loves to gty
with a late plant, Small wonder then
that the cast iron men hesitats to sell
the distant months at &hm dis
counts. The shorts ~April,
1917, do not need to bother, since a se
ries of dry . Mays. may. ptecede .their
reckoning.™ 3
\
NEW YORK.
Wednesday, April 29.
pot_cotton; mldl!'hc. 18.10.
Lalul 118
e boneolese il oo ]18.66-60/12.71-81
12.60112.70!12.57/12.58/12.58-59/12.62-64
Ju Lol g ] ... 18.64-67]12.67-68
Jiy [12.42/1252112.43/12 45/12.44-45(12.45-46
|Ag [12.32(12.38(12.30(12.31/12.31-32/12.30-31
Sp |11.90/11:91/11.90}11.91/11.90-92/11.84-86
Oc |11.7011.80111.70{11.77{11.76-78/11.71-72
De |ll 82011.73{11.77/11.77-78(11.71-73
Jn {11.69{11.76{11.69(11.72{11.71-72{........
Mr (11.78/11.82/11.78]11.82{11.79-82]........
Closed s y.
Thursday, April 30.
Spot cotton; middling, 13c.
§| 5| 3|Bg| B| iF
c = 1138 l u )
B Buioiolin cailviassbs oo SNOM | 118.00-00
My |12.59/12.61/12.51}12.65/13.54-55/12.58-59
JU oo inhsnniiheoosabossolB.s4-56/12.64-67
Jiy |1243/12.45/12.33/12.36(12.35-36/12.44-45
Ag 12.30/12.32112.18 12.19/1218-19(12.31-32
Sp [11.71}11.92/11.01]11.92(11.81-84/11.90-92
Oc [11.78]11.79(11,67/11.6811.67-68/11.76-78
De (11.79{11.80/11.69(11.70{11.69-70/11.77-78
Jn [11.74/11.74]11.64{11.64/11.64-65/11.71-72
Mr {llBlO SHALTAI 7711 7274111 79-82
Closed steady. %
Friday, May 1.
__Spot cotton; middling, 13c. |
lé lfili \ ’i'-* ’ i
o 1& IHld | 3311'8 | _.Q;E*
My [12.62]12.56]12.50{12.54{12.54 [12.54-56
Ju [ l 12.53-56/12.54- 56
Jly [12:3312.38/12.28/12.29/12.29-30(12.35-36
Ag [12.17/12.20/12.11/12.13{12.12-13/12.18-19
Sp { abr b s IR TN E R
Oc_ {11.68]11.71}11.62/11.64 n.c:-ca 11.67-68
De ™ [11.69/11.73/11.62{11.64/11.63-6511.69-70
Jn [11.83{11.67/11.58/11.58/11.68-59{11.64-65
Mr [11.72]11.74{11.65!11.65/11.66-67/11.72-74
Closed steady. .
—;nurday, May 2.
Spot cotton; middling, 13c.
3 c 2 e=d o >
5l: l 3 il : l |
__l_9_;2__3___3___s___s_@_
My [12.52(12.66112 4812 54/ 12.51-52/12 54
Jy. [1247/12.47/12.47 124715 45-48 12.53+86
Jn, [12.47/12.47[12.47(12.47/2 .u-g 12:63-55
Jly (12 30112.30!12.19/12.34]12.23-25!13.29-30
Au [12.10/12.1012.02(12.06/12.06-07/12.12-13
80 1.5 1 iali il I IT 18
Oc [11.62{11.62/11.52{11.59111.59-60/11.63-64
De (11.62/11.63/11.58/11.62/11.61-62/11.63-65
Ja [11.56/11.57|11.48{11.56/11.56-56/11.58-59
Mr |11.57/1162{11.5711.62/11.63-65(11.65-67
Closed steady.
Mond?, May 4.
Sp_gt cotton; middling, 13c.
M" ‘li’l'* ‘Eg
l e YNt & o
My [12.55{12.58/1¢.48(12.55(12.55 [12.51-52
FJU fennoiloenonforonsherese|l2.4s-48]12.45-48
Jly [12.26{13.33(12.24(12.27{13.27-28(12.23-25
Ag [12.09/12.1612.07/12.12/11.12-13/12.06-07
Sp [11.85[11.87/11.85{11.86/11.82-86(11.73-75
Oc [1164[11.72/11.62|11.69/11.69-70/11.59-60
De [11.67/11.74/11.67{11.72/11.71-72(11.61-62
Jn [11.61{11.68/11.61 u.eo!n.u-ss 11.55-56
Mr [11:72/11.78/11.71/11.78/11.72-75/11.63-65
Ap |11.12/11.12/11.06{11.06{11.07-10}. . ......
Closed steady.
’ -«:runday, May 6.
Spot cotton; middling, 12.90.
Z 6 ‘4
NNCEEE
l ‘& \ 3138 6| &8
Y |12.61]12. "46|12.48|12.48 . |12.66
T 1. edes aals pivilos oiR AR- SR L 4548
Ty 112.33112.33/12.15/112.18/12.17-18{12.27-28
|Ag [12:17/12.17/12.02(12.03/12.03-04|12.12-13
|Sp 111.80(11.80/11.80/11.80{11.77-78{11.82-86
|Oc 111.73/11.73/11.62{11.64/11.63-64]11.69-70
De [11.74/11.74111.64{11.66{11.65-66/11.71-72
In [11.73(11.671711.69/11.6011.59-80{11.64-65
|Mr [11.75/11.76/11.71 u.n!n.es-cs 11.72-75
Lap Lo k.. 11.02-04]11.07-10
é Closed steady.
PORT Rl»cllPTs.
The foilowing table shows rmlgts at
the ports to-day compared with the
same day last year: _ .
*w ] 1014 | 1913,
New Orleans. . . 5,306 3,389
Galveston. . . . . 7,309 5,084
Mobile. . . . . . 1,004 536
Savannah. . . . . 1,881 1,664
%y;rlenton. > e 108 243
ilmington . . . 435 59
Nosfolk. . . . . 432 574
Port Arthur .. ' BARE - liiisivensis
SR .. . B 12,049
: INTERIOR RECZIFIS.
1914, 19813,
s -;:. ik 6 e .& l.{u
uguats. . . o -
Memphis. . « . . 1,215 975
8t touls, . . . . 120 408
Clnfilennul. AoE A 1,181 . 235
Lit OB . i achvicaiiionsd 2
e . o R R
SPOT COTTON MARKET.
Atlanta, steady; miadling 13%.
Athens, steady; middling 13%.
Macon, steaay; middling 13%.
New York, quiet; middlh‘:fi 12.90.
New Orleans, Itold{; middling 184,
Boston, quiet; midd m&u.w.
Uvofpoo?. steady; middling 7.32 d.
Savannah, steady; W""f 13%.
Augusta, steady; mi lnf 314,
Charleston, steady; middiing 13%.
Norfolk, firm; middling 1334,
Galveston, quiet; mfl:ung 13e.
firm; middling 12 11-16,
ttle K, oq.:m: lmd‘:l‘tfl' 1::,
timere, nominal; m
st. Louls, qulet; mwdlln'nflu.”
Memphis, steady; middling 13%,
sl‘oultan. quiet; middling 12%.
uisville, firm: middling 12
Dallas, steady; middling 11 15-16,
COTTON SEED OIL.
Cotton seed oil quotations:
e I 5.?_!!!!'.!-_&0;:!1“.
“ERBIPCIETTE TSI TR R L p [
My - o iswerie | 131 G
June , . . . . .| 7.50@7.56 | 7.4TQ7.40
July . . . 4 4 .| 7.61@7.62 | 7.55@7.56
August . .+ «.| T.T0Q7.74 | 7.90@7.65
&éoflb& .« + 1.72@7.74 | 1.60@7.68
.« se o 1.9Q1.31 |l. 7.3
November , , . 0.768&39 6.75@6.
December . . .| 6.7406.30 | 6.65@6.75
Crude, Southeast| ......... | 6.40
Closed heavy. les, 11, s,
NEW ORLEANS. :
w April 29,
Spot. cottan, miSing 13%
AP [ooveideeodesoicdis B &
My |12.9012/92/12.89/12.89/12.88-90(12.88-89
I b dis o h el sRS 12.78-80
Jly 74/12.80{12.74/12.76{12.75-76/12.73-T4
Ag b bes vedn i ki SR 12.43-45
8% Rk b s SR G TR 11.92
11.75/11.80{11.74{11.76{11.76 11,73-74
De “73i11.78111.72/11.74/11.73-T4]11.90-71
Jn [11.74[11.19{11.74/11.79{11.75-76 11.72-73
Mr |11.82{11.87]1 8411.74- 1.97-79
Closed quiet.
2ty Thursday, April 30.
Spot _cotton; middling, 13%.
c £ Le Lou g |1 38
2l 213 I % l 2 Eg
A ol ahe ot Ny {IR3B
My (12.87{12.90/12.80{12.81/12.80-81 12.88-94
W hyaiants s < ........A.(12.72-7413.19
Jly 112.76}12.77(12.68{12.69 12.69-70(12.75-76
Ag |12.47{12.49]12.41/12.41 12.41-42{13.45
8p il st o kel s kSRS 11.96
Oc [11.77/11.80{11,70/11.70{11.70-71{11.76
W b bb b iey = 1238250
De H1.76111.77/11.70/11.70{11.68-69/11.73-74
Jn {11.75{11.76{11.75{11.76{11.67-71(11.75-76
Closed steady.
Friday, May 1.
Spot cotton; middling, 13%.
¢ ilaa i
lilfi\s‘s-«" ! ’23-
o& w 0
My 12.80'12‘53}12,73!12.74;12.74—76 12.80-81
Fa Ll il el ihe sil 8811 12.72-74
Jly ]12.69 12.12;12.62112‘64112.64-65 12.69-70
Ag [12.38 12438t12.27‘12.28[12.28-29;12.41—42
Oc [1L.7111.73/11.63 11.66'11.65-66'11.70-11
N iy 1 - 11.63-66(11.68-70
De {11.70{11.70{11.63 11.63/11.63-64/11.68-69
Jn |11.70 11.71’11.64 u,s4fn.s4-65t11.e7-71
Mr {11.73(11.78{11.73{11.73 11.73-74{11.97-79
Closed steady.
Saturday, May 2.
Spot cotton; middling, 13c.
g2o ) .
l*‘ |s's=\ : ‘ :
.O- 5 3
My 12.72 12.76112.70)12.76/12.75-77/12.74-76
S {vvsiabaie it ey oins .. ..|12.67-69/12.89-71
Jn 112.63]12.65/12.58/12.62/12.62-63 12.64-65
Ag 12.22]12.22(12.20(12.20 12,23 12.28-29
BD lyeoonferoselssoenlss-n5(11.83-84111.83-84
Oc ]11.63111.63{11.57/11.63{11.62-63 11.65-66
NO fooouidenseclenesstsss..ill.6o-62/11.63-65
Dc [11.68 11‘63;11.56 11461111.60-61 11.63-64
Ja [11.59/11.60 11.59'11.59‘11.61-63 11.64-65
Mr [1165/11.65/11.65(11.65(11.70-72(11.73-74
Closed steady.
Lk catrioe s
Mondlg. May 4.
Spot cetton; middling, 13c.
’H “i’l 5 l‘*
ol E|l 3134 © £5
My |12.80(12.85[12.78[12.78112.77-78/12.75-TT
I oEb ikt e GRS TTR IR 40
Jiy 112.71/12.74/12.65{12.65/12.65-66]12.62-63
Ag [12.36(12.38{12.33{12.3312.81-33 12.23
8D Jeivonlsovialasncs . e.:|11.90-92{11.82-84
Oc [11.71{11.75{11.71 11,71!11.70-71 11.62-63
Nv L., .. ]11.68-70/11.60-62
De (11.67{11.73 11.70!11.71 11.68-69/11.60-61
Jn [11.72[11.75{11.72 11.75‘11.70-7l 11.61-63
7 b ! SRR RN A
Closed steady.
Tuesday, May 5.
Spot cotton; middling, 13%.
% : . ¢ .
| ili“%‘iil : l‘it
Q o ol % 7 8D -
My 112.82 12.83/12.74|12.76(12.76-77/12.97-78
Jo 1o iailscreiteso sl s ssid R ST-SOHLET-T2
Jly 112.69{12.71/12.60/12.63/12.62-63/12.65-66
Ag [12.37(12.37{12.32 12.33]14.33-35(12.31-33
Sp |11.87{11.87]11.87}.....]11.84-86/11.90-92
Oc |11.73/11.74/11.64({11.67 11.67-68‘11.70—71
NV Loonnelososihesseelsesss|ll.66-68111.68-70
De [11.72 11.1§ 11.62/11.64/11.65-66/11.68-69
Jn |11,69/11.69{11.69{11.69 11‘67-69<11.70-7I
Mr [ll'B2/11.82{11.83(11.8211.76-77/11.78179
losed steady. e
Fashion Favors
Lace and Ribbon
Marshall Field & Co., in their weekly
review of ‘the dry goods trade, say:
“Trade for the week fas been af
fected in some measure by unsettled
conditions and morcl;:nu are confin
ing their purchases Ilargely to imme
diate necessities. Orders for fall indi
cate & conservative feeling, although
agricultural “rrospecu are exceptionally
bright, affording the financial heads of
retail firms reason for placing a larger
estimate on the future purchasing pow
er of their communities than was true
following the period of floods and high
water a year us:.
*Fashion is voring lace and rib
bon business this spring, as the wida
riecu being used on dresses and mil
inery are resulting in the distribution
of a large volume of this merchandise.”
A i
LIVE STOCK,
CHICAGO, May 65.—Hogs: Receipts,
10,000; market strong to 5S¢ higher;
mixed and butchers, 825@85.56; good
heavy, 8.15@8.50; rough heavy, B.oo@
8.50; hgn. 8.25@8.55; pigs, 1.35@8.25;
bulk, 8. gs.u.
Cattle: ecol&ts, 2,600; market strong;
beeves, 7.25@9.50; cows and heifers, 3.70
?l.“; stockers and feeders 5.00%8.80:
exans, uogus; calves, 6.25@9.00.
Sheep: eceipts, 17,000; market
ncudl to 10¢ higher; native and West~
ern, .00%5.80; ambs, 6.00?7.35.
ST. LOUIS, May s.—Cattle—Receipts,
3,800, including 800 Southerns; native
market steady; Southern market strong;
native beef steers, 7.50@9.25; cows and
heifers, 4.26@9.00; stockers and feeders,
5.00@8.00; calves, 6.00@9.55; Texas
-at:e‘rsl, 5.75@8.00; cows and heifers, 4.50
Hogs—necel ts, 10,000; 5 cents lower;
B|O e T g SR
% 3 , .56, pigs,
7.00@85.25; gunx. t.f?%ss.
Sheep—Receipts, 1,300; 10¢ to 15¢
higher; sheered mutton, 4.25@5.50;
sheered yearllngs. 5.76@7.26; sheered
ln;gbfi. 6.56@7.55; spring lambs, 8.50@
9.45.
BAR SILVER.
LONDON, May s.—Bar silver steady
at 27 13-164.
NEW YORK, May 5.—-Commercial bar
silver 59%; Mexican dollars 45%c,