The Palatka daily news. (Palatka, Fla.) 1884-1888, 1888-02-07


NEW YORK, February 6.-Thc stock market
though dull, displayed undoub4ed strength
to-day in the face of unfayorable advices FROM
several sources: the extraordinary demand for
stocks in the loan crowd and liberal borrowing
indicated very heavy short interest in all the
active stocks, and purchasing for both sides
kept the market slowly moving upward. Later
advices from Eu~oDe had reassuring effect
upon foreigners, and they became BUYERS
while the unfavorable aspects of the Reading
strike and the railroad war i'll the Northwest,
whose very fierceness indicates short duration,
made little effect upon stocks most interested.
There was large inside buying of Western
Union the ground of heavy increase in
earnings, but other Gould stocks were not SO
firm, and considerable impression was made
upon Missouri Pacific. Manhattan to-day re-
acted somewhat from the depression OF last
week. and late in the day Others stifIened up.
Lackawanna and Reading were firm ali day,
and st. Paul attracted much attention, though
fluctuations were small.
Prices at the opening were down from Il to
= per cent; with the exception of Missouri
Pacific and Northwest the entire list quickly
rallied out after advancing small fractions be
came duh and hstless. Western Union assumed
the lead towards noon, and further gains were
recorded. In the afternoon marked weak
ness was developed in Union Pacific, traders
selling it down. When the pressure
moved. however, ii reacted, and its final
change is insignificant. firm tone marked
dealings the entire day, and the close was dull
but firm about the best prices reached. The
days transactions amounted to l5T,000 shares.
Cotton.
NEW YORK. February Is. - Green & Co.'S
report on cotton futures says: ''The market
was slow and dropping. No one appeared
anxious to sell the market Off and unloading
of long cotton could not be considerable, but
the prevailing general indifference on the buy
ing side, offerings were weighty and the mar
ket suecumbed accordingly. A rather full
factor
the depressing character. Values lost about
points. closing at the lowest, with the tone
slow and somewhat tame
New YORK. February 6.-Cotton-Net re-
ceipts, leo; gross, al ,354 bales. Futures closed
barely steady: sales, 1ll.sU.
February, 10 45@lO AZ; March, 10 5ia1O So;
10 72loI0 %; July, IL 74lg10 75; August, 10 q
ql0 .; september, 10 3G9l0 81 October; 10
az IS; January, a2lC9 "a.
NEW YORK, February Cotton easy
sales, 149; upiands, lo9a; Orleans 1074: net
receipts at all ports, 1888 bales; exports to
Continent. $40; to the Channel, :; stock.
9l6.4lR.
LIVERPOOL, February 6. p. m.-Cotton fu-
lures February, D $3.50, value; February
seller; April-May, 5 37-64, seller; May-gune,
) 1894, seller: June-July, 20 "a, buyer; july
August, so, buyer; An ig as
lures closed steady.
GALVESTON. Feb. Cotton nominal mid
ding, 10 net receipts, ,596; gross, 2,1l0; sales
-; stock. 32,7J9 exports coastwise, 5, lG';
exports to Great Britain, -; to the Con-
tinent. 1874; TO France
NORFOLK February 6-Cotton steady; mid
| ding, 10: net receipts, 1.s29 bales: gross.
receipts ,s29 stock. 4e,55I; sales, 113 exports
/ to Great Britain, =; coastwise, 2rz5o
BALTIMORE, February B-Cotton easy mid
ding, lJ1s; net receipts, u; gross ~ sales,
/ =; stock, II 81; exports to Great Britain, -;
! coastwise Is; to the Continent -: tn France
| sales to spinners. l0o-
| Boston. February 6-Cotton quiet; rniddling,
1854 net receipts 5Ol7, gross receipts, l74; sales.
none: stock. -: exports to Great Britain.
| WILMINGTON. February o. Cotton quiet
middling, 10, net receipts 4Ssi; gross receipts,
4s6; sales, none; stock. 3:ss:.; exports coast
wise. 5S5; exports TO Great Britain -: to the
| Continent, =; to France
| PHILADELPHIA, February Cotton quiet
middlng los4; net receipts IA: gross receipts
| -: coastwise. -: to the Continent, -; ship
| ments.
SAVANNAH, February 6-Cottan duh !; mid
ding, SIS; net receipts, 2loS2 gross, 2,099
slles, 40 stock, 72is2: exports coast
/ wise, ,lS5: TO the Continent, -: to Great
Britain, 5,isr TO France =.
! mlddling, l3-l6; net receipts, col. gross re-
ceipts, 7,5S.: sales. Loo; stock 39, 49, exports
TO Great Britain. liza; 10 the Continent, Loo
| TO France. -: coastwise. -.
| MOBILE, February Cotton quiet; mid
| ding. I3-i6; net receipts, $50 bales, gross re
| eeipts, So; sales, SO. stock. &i,s52 exports
| eoastwise. 20 to Great Britain. -; TO the
| Continent, -.
| MEMPHIS, February g. Cotton quiet; mid
ding, So; net receipts, 2.9i7; gross receipts
| ISIS: shipments, SO. stock, lso5So; sales Il
spinners.
/ AUGUSTA, February 6.-Cotton quiet mid
| ding, 96; net receipts, I'D gross receipts
=: sales. LES
CHARLESTON. February s--Cotton firm; mid
ding, los net receipts l, :sss6 eaies gross re
ceipts, i-5ss5. sales, CO., stock. 5y.si1 EXPORT.
10 Great Britain. -. 10 the Continent, s5s
To France. =: coastwise. =.
! ATLANTA. February 6-Cottou quiet. mid
ding, Ii-I6. receipts, 1851