The Palatka daily news. (Palatka, Fla.) 1884-1888, 1888-02-28


Memphis & Char. 81 Missouri Pacific. %1a
Mobile Il Ohio. ia Western Union. ls3s
Nash. & Chat. IS Cotton Oil Certlti. 50ss
asked. IBID
NEW YORK, February 2!.-The stock market
was more active to-day, especially in the first
hour, during which time nearly half days
business was transacted, and under sound
pressure TO sell from foreigners prices moved
off fractionally, and in a few cases for greater
amounts. A large amount of stock was sold
for London account, but 1t was absorbed with
out bringing out any long stock of import
ance, though traders made sharp attacks on
the list in the hope of reaching some stop
orders. The Chicago, Burlington and Quincy
strike had comparatively slight effect upon
the market, and it is not expected to have
much on business, as competing roads will
absorb whatever Burlington is unable 10 ham
die. Adviees frcm London OF heavy decline
in American securities this morning caused
some to sell, but pools had supporting order in
their specialties, and offerings were absorbed
without any marked improvement the list
except in those stocks which lacked the sup
port mentioned, of which Louisville and Nash
vile was the most prominent, followed by
Kansas and Texas and Wabash Professional
traders continued to sell the list throughout
the day, but after the first rush there dull
and heavy market only, which presented the
usual features of traders market. There was
Union. Reading and Missouri Pacific, and that
in Louisville and Nashville was largely aug
mented to-day. The general list was without
movement of note, and final changes are for
slight fractions only
The opening, under free selling displayed
more animation than has been seen for months
past, and first sales were made at concessions
of from "A to ~ per cent. from saturday 5 clos
ing prices and further small losses were sus-
tanned in the first hour, except for Louisville
and Nashville and Wabash preferred, which
showed decided weakness The market then
slowly until the last hour, when there was
better tone developed and slight fractions were
regained. but the close was very du and about
steady at a shade above the lowest figures.
Everything is fractionally lower tonight
except Louisville and Nashville and kansas
and Texas, which lost l1a each, and Norfolk
and Western preferred per cent. Total sales,
$4,000.
NEW YORK, February q. - Hubbard, PT1ce
& Co.'S cotton circular to-day says: At the
opening prices of cotton were = points below
those of Saturday. with fair offerings, port
receipts were lighter than expected. Room
operators began buying ON the decline, with
the result of advancing prices six points above
those first paid. The market halted at the adj
vance, and the pressure to sell quickly caused
a decline, the disappointment at the lack of
support when higher prices We're reached,
reports from Liverpool aided the decline.
Cable advices say that sellers were numerous
at the advance the market being affected un-
favorably by news from the Crown Prince At
the close here prices were barely sustained Ad-
vices from Brownsville. Texas. state that a
third more cotton has been sent over to Mexico
this season than last, II better market being
found there. y
NEW YORK, February 29.-Cotton-Net re-
ceipts, S25; gross, 6,O63 bales. Futures closed
barely steady; sales, 5000.
February, 10 4661i0 AZ. March. 10 51610 81;
April, 10 5S9I0 50 May, 10 65sli0 Go; .uue,
10 3s9io q July, 10 3Slel e q; August, 10 q
9 q3d9 "a; November. 9 S299 So; December.
sS99 81; January. 1903 60
NEW YORK. February 27.-Cotton quiet
sales 81; upIands 1876: Orleans no I-i6; net
Great Britain. 1851; to France, -; to the
Continent. 5.1sl; TO the Channel. -; stock
S34.7lS.
LIVERPOOL. February q. p. m.-Cot;on fu-
lures February March, 5 1864. seller
ch-April. ) 1884 seller: May-June 1854
6uges 1qneSuly te seyer 5ayAu s
buyer; September, 5 AGA, buyer. Futures closed
! steady.
| GALVESTON, Februarys5 Cotton steady; mid
ding, szs; net receipts, 4sS; gross -; SAFES
| exports to Great Britain. -; to the Cen.
| tinent. -: TO France
NORFOLK, February 27-Cotton steady; mid.
ceipts I,612, stock. 1884: sales. 944 exports
TO Great Britain, =; coastwise. 1855.
| BALTIMORE, February 2-Cotton easy; mid
=; stock, 70. 4OI: exports to Great Britain. So
coastwise. 80; to the Continent -; to France
| =. sales TO SplnnerS. -.
| Boston, February 2I-Cotton quiet; middIinc
1925: net receipts &3i; gross receipts, G6; sales
| none: stock. =: exports TO Great Britain. -.
! WILMINGTON, February 27-Cotton steady
midding. 1916; net receipts "A; gross receipts
1 -; sales, none: stock, II 30 exports coast
| wise. =: exports TO Great Britain -: to The
/ Continent. -: to France.
| PHILADELPHIA. February 2--Cotton firm
Iniddng l01l-16; net receipts -: gross receipts
| BE-: stock. ID, 81 exports to Great Britain
=: coastwise. =: to the Continent. =: ship
| ments. =
SAvASsAB. February p Cotton quiet-Inid
ding, 1916 net receipts. "a: gross. 80
| sales, LOO stock, 90, so: exports coast
wise, l516; 10 the Continent, 20: 10 Grear
Britain. 4044: to France =.
NEW ORLEANS. February 27--Cotton firm
mlddllng. s5s: net receipts. 2,1t2: gross re
celpts, z.li2 sales. $500; stock 3. ia; export
TO Great Britain, 4.4s6: 20 the Continent, -
! TO France. coastwise. 5-3s9.
MOBILE February 27-Cotton steady mid
| ding. "a net receipts ~ bales; gross re
ceipts. ~ sales. GO: stock, 30, liz export.
| coastwise. 7o5 to Great Britain, -: 10 the
Continent
| MEMPHIS. February 20 Cotton steady: mid
ding. "a net receipts, 2-ka5: gross receipts
z.9E. shipments, I650, stock. lls.sz sales u
splDners- -
| AUGUSTA, February sz.-Corton zteady-mid
ding. s5s net receipts, 20 gross receipts
=. sales. 54
CHARLESTON. February 27-Cofton easy. mid
ding, io1s net receipts 945 Gales; gross re
esipts, %: sales, lou stock. 3. IS EXPORT