The Munson Lines will have two ar
rivals within the next week. The Nor
wegian Vfddegen, to load north side of
Cuba, and the American steamer Labette
(United States shipping board), for Mon
tevideo and Buenos Aires.
to some extent In sympathy with Texas
Oil. At the same time the oil list has the
same sold-out appearance that it had last
week before the advance started.
Volume of trading wan not as large
as last week's active days and the ex
tremely active cotton market may have
something to do with it. Final tone firm
in most issues.—Fenner & Beane.
KAHN BROS. & VIRGIN’S COTTON
LETTERS
NEW ORLEANS. Nov. 7.—Bullish en
thusiasm was raised to a high pitch today
by predictions of ginnings of 7.680,000
from the census bureau tomorrow and re
duction in its estimate from 10,280.000 to
0.928.000 by the bureau, which issued the
ginning forecast.
These figures were about, in line with
general ideas, but possibility of any such
report from the census bureau stimulated
a tremendous amount of buying, owing
to belief that they point to a crop under
10,000,000 bales. Last year’s ginnings
were 8.130.000 to November 1. Reports
from Washington to the effect that plans
for settling German reparations had col
lapsed and statement from Paris that
France is contemplating further occupa
tion of Germany halted the advance for
a time and brought on enough selling and
realizing to cause a moderate reaction.
