The Union daily times. [volume] (Union, S.C.) 1918-current, August 14, 1920, Image 5
| IIDin COllM MMKEI
.
New York, Aug. 14.?Cotton futures
opened steady. October 31.26;
> "December 30.12; January 28.90;
Jfarch 28.65; May 28.35.
New Orleans, Aug. 14.?For the
first time since the village days of
New Orleans gambling houses were
closed at 12.01 o'clock this morning.
New Orleans, Aug. 14.?Opening:
October 30.15@30.18; December
29.39; January 28.64@28.67; March
28.05@28.12. Market quiet.
New Orleans, Aug. 14.?In the early
trading in cotton today the market
w'as unsettled and lost 10 to 19 points,
mainly on evening up transactions on
the long side, but after the census
bureau report on American mills for
July the tone was better. On the
fipiires on rnn?iimr?HoT? n#R9K ilOK
bales against 510,328 during July
last year, a fairly good demand rose
and it carried prices 7 to 15 points
over the level of yesterday's close.
October sold off to 30.02 and then
advanced to 30.22.
Liverpool, Aug. 14.?Weekly cotton
statistics: Total forwarded to
mills 60,000, of which American 49,000;
Stock 977,000; American 647,000;
imports 41,000; American 23,000;
exports 2,000.
New York, Aug. 14.?There was a
renewal of October liquidation in the
cotton market at the opneing today,
which was probably promoted by the
easier ruling of the Southern spot
markets yesterday and continued reports
of a slack spot demand. First
prices were steady at a dec lino of 21
points to an advance of 2 poinst and
October contracts soon sold off to
31.05 or 26 points net lower, while
December showed a net loss of about
7 points with later deliveries, holding
pretty well up to yesterday's closing
figures. Unfavorable reports from
the goods trade were a factor.
New Orleans, August 14.?During
the last half of the session the complexion
of the cotton market wholly
changed and a great deal of pressure
came from the short side, being centered
in the near months and particularly
October which broke to a level
42 points under the close of yesterday,
to 29.70.
Other months went 10 to -34 points
under yesterday's final prices. Selling
appeared to be directed against
longs who recently came into the market
for the most part, although some
of it was encouraged by telegrams
from Texas claiming that insect damage
was not a great as feared when
the rains set in. The market closed
5to 42 points net lower on the days.
New York, Aug. 14.?Near month
liquidation continued late with October
selling off to 30.88 or 43 points
net lower while other active months
showed net losses of only 7 to 15
pints. The close was a few points up
from the lowest on covering with the
tone irregular, August being 25 points
and September 3 points higher while
later deliveries were 2 to 37 points
lower.
New York, August 14.?Spot cotton
quiet; middling, 37.0.
New Orleans, August 14.?Spot cotton
quiet; 25 points lower. Sales on
the spot, 228 bales; to arrive, none.
Low middling, 24.25 middling, 35.00;
good middling, 38.75. Receipts and
stock .
New Orleans, August 14.?The cotton
market closed barely steady at
net declines of 5 to 42 points.
High Low Closing
Bid.
October 30.22 29.70 29.70
December 29.53 29.22 29.22
January _____ 28.89 28.60 28-65
March 28.57 2S.28 28.30
May 28.17 28.08 28.10
New York, August 14.?The cotton
market closed irregular.
High Low Closing
Bid.
October 31.25 30.88 30.94
December 30.27 30.00 30.00
January 29.25 28.90 29.02
March 28.93 28.55 28.60
May 28.60 28.35 28.28
PKOOUEt MUM
Chicago, August 14.?Wheat closed
n o i_ a l ?t i? J
-c. o?*c nei luwer, wnue com cioseci
lower, l-4c to 2 l-2c.
Chicago, Aug. 14.?Butter unchanged.
Eggs unchanged. Receipts
10,404 cases. Poultry alive, unchanged.
Chicago, Aug. 14.?Reports that
armistice negotiations had begun between
Russia and Poland at Minsk today
caused the wheat market to be
unsettled. December opened at 1-4
to lc higher. Corn opened from 1-8
to lc lower, while oats opened from
1-4 to 3-8c lower.
Provisions were quiet.
'Su? New York, Aug. 14.?Butter
~ steady; creamery firsts 51 to 54 1-2.
Eggs steady; fresh gathered firsts 48
to 52. Chese steady; average run
25 1^2 to 26 1-2. Live and dressed
poultry steady and unchanged.
Chicago, Aug. 14.?Potatoes: receipts
37 cars; weak, Eastern cobblers
5.75 to 6.00 per barrel.
^ Chicago Aug. 14.?Cash wheat No.
2 red 2.66. Corn No. 2 mixed 1.60.
Oats No. 2 white 74 to 75; No. 3 white
71 1-2 to 74 1-2. Rye No. 2 2.04. Barley
1.17. Timothy seed 8.00 to 11.00.
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of clearing house banks and cessjons and then hardened. Early
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excess of legal requirerfients. This i6 close.
an increase of $3,404,610 from last
week. Chicago, Aug. 14.?Cattle receipts
1.500.
Nw York, Aug. 14.?Nervousness
of shorts caused them to bid for ^ \
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were temporarily sustaining factors, w^th the continued depression in
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Baldwin, United States Steel 'T1.?1? m, stock market this week,
and the sugar shares and further re- Although the market in general was
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New York, Aug. 14.?Speculation itself to the reaction in various trade
was quiet at the opening of the stock lines. Pressure was not applied to
market today, but there was an ex- any marked extent after the early
tension of yesterday's .rise in most days of the week, and business was
of the customary leaders. Mexican curtailed sharply. This gave rise to
Petroleum ran up 2 1-2 and Crucible, a feeling that liquidation had ruh its
Vanidum Pan American, American course, at least for the* time being,
International, United States Rubber, and that the bears, finding they had
American Linseed, National Aniline gone too far in their selling camand
Bosch Megneto 1 to 13-4. A paiprn. were buying back stocks,
good inquiry prevailed for various Buying was cautious, however, and
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the rise was kept within moderate BANDITS GET AWAY
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MONEY AND EXCHANGE R(JSS,ANS FACING
m v i * . 7,a ?? DEFENSIVE LINE
New York, August 14.?Mercantile
paper if. Exchange steady. Sterling
60 day bills 3.69 5-8. Commercial 60 Warsaw, Aug. 14.?The Russiai
day bills on banks 3.69 5-8; commer- are now facing at various places tl
cial 60 day bills 3.69 1-8, demand Warsaw defensive line along whic
3.64 1-8. cable. 3.66 3-8. Franc, demand
7.20, cables 7.21. Belgian Francs, jje checked in his drive upon the ca;
demand 7.77, cables 7.78. Gunlders, ita.1 which has been carrying hii
demand 33.12, cabies 33.25. Lire, de- from six to ten miles daily in h
mand 5.00, cables 6.01. Marks, demand sweep from the northeast and east.
2.16, cables 2.17. New York ex- On this line the Poles are expect*
change on Montreal, 12 1-4 per cent to make their final stand, and man
discount. Government bonds easy, but not all, of the military obser
. . ers, are confident that the Russia)
rtM,road fir ' will find themselves against an in
pregnable defense. It is to this lii
Of English invention is an electric that the Poles have been withdrawir
device to heat the top of a person's so as to stand with their backs to tl
head to a high temperature to encour- national metropolis and it is here th
age the growth of hair. Poland's best troops are now groupe
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ROBBERS GET
r TRUCK OF BOOZE
d Baltimore, Md., Aug. 14.?A motor
ie truck loaded with whiskey was
r> held up by four armed men early toJ
day near Fullerton, Md., and 125
'0 cases of the liquor carried off in an
y other truck by the robbers, according
ie to the driver of the looter truck,
Walter Sklon, of Newark, N. J. Later
?r four men were arrested here charged
,s with larceny of the liquor,
a , m ,
ij BOLSHEVIKI ATTACKS
REPULSED BY POLES
y
Warsaw, Aug. 14.?The Russians
attacking Warsaw have worked well
toward the rear of that city's defenses
? and are attacking Plonsk, within a
^ dozen miles of the Vistula narthwest
of the Polish capital, according to
Friday night's official Polish com
munique, available early today,
h The statement says the enemy is
advancing toward the Nevo GeoriveskId
Segreje sector north of Warsaw and
?i.
j_ tuav maooco v/i uuioucVlfVi U1C ttl/tttCIVm
ing Nasielsk (22 miles northwest of
js Warsaw) and Plonsk (16 miles west
of Nasielsk and about 32 miles north4.
west of Warsaw.
The communiques announces that
the preliminary attack upon these
^ places were repulsed by the Poles.'
rile
In Mexico and Siam judge, jury and
lg lawyers all smoke in court, if they
lie wish it, while a case is being heard,
at Even the prisoner is not deprived of
rd. his cigaret or cigar.