The Palatka daily news. (Palatka, Fla.) 1884-1888, 1888-03-01

NEW YORK. February 29.-The bears had
another inning on the stock market to-day,
and while selling made more animated mar
ket, prices declined Il to Ia per cent. There
We're selling orders from London in the mar
ket this morning, and professionals and traders
quickly followed suit, which brought about a
marked decline in some stocks before the end
of the first hour. The pressure was specially
severe against Richmond and West Point
stocks. Reading and st. Paul, which later in
the later were joined by Lackawanna, Mis-
souri, Pacific and Louisville and Nashville, and
among the inactive stocks Burlington and
Quincy and Norfolk preferred.
The market closed quiet but weak at the
lowest figures reached. Net result of the DAYS
operations is to leave everything on the active
list lower, ana LET Ere preferr,ed Is dqWn per
and West Point preferred rs, Louisville and
Nashville and Burlington per cent. each, and
the rest fractional amounts Total sales, l6s,-
o00 shares.
MANCHESTER, February 29.-The Guardian
says: The experience of sellers regarding the
progress of business is not encouraging. Prices
are in most cases steady, but occasionally there
is Il tendency slightly iii favor of buyers. Sell
ers, however, are content to await the course
of events. There is moderate inquiry for some
kinds of India staples but often rates offered
the time fixed for the delivery are unSatis-
factory. Inquiry for China and Japan is
tiOns. Home houses are buying sparin9ly by
reason of the severity of the weather and the
reluctance of distributors to purchase for
home trade until the weather "ecomes milder.
Minor foreign markets CONT he TO take mod
erately. Few sales of bnn6led yarn have been
effected for japan and India, where sellers did
not insist upon extreme prices, but none of
the foreign markets have doue an average
business. Home manufacturers have bought
carefully. They are discouraged by want of
life in the cloth departments. which are quiet
throughout Producers of India goods, espe-
eially of lighter classes, hold contracts in sufh-
eient numbers TO prevent the necessity of
pressing sales; prices are steady. The same
remarks apply with equal force 10 China sta
pies. Best printers are steady. Manufacturers
are better fortified with orders than they were
three or four weeks ago Medium and common
grades are slow Stocks. are tending to in
crease.
NEW YORK. February 80 : Hubbard Price
& Cos cotton circular to-day says: 1.-The fea-
| strength of Liverpool under the depressing re-
| ports sent yesterday from our markets. The
opening cable advised a quiet tone, with sellers
| at l-64 advance. Later advices showed much
| firmDess. This better feeling surprised the
market here. and prices at the opening adj
WINGED / TO 2 points, declining then slightly
| below last nights quotations. under small bust
ness. but advancing quickly on buying orders
which closed prices at the highest of the day
/ Losses of stock at Memphis and st. Louis are
noted. New Orleans receipts for Tomorrow
IRE telegraphed as 2.Uo0 10 ESQ bales
| NEW YORK, February 29--Cotton-Net re
| ceipts, $40; gross, lag. bales Futures CLOSED
February, 10 I7aI0 4s: March, 10 4s0lO As
| April, 10 SOLO So; May, 10 6aaI0 IS: .une
10 SOLO 20; July, 10 !29I0 %: August, 10 q
| al0 %; September, 10 301l0 - !: October
| Q essl19 30; November, S0fb9 81 December
| Q s01t9 81; January. sac 50.
NEW YORK, February 2a.-Cotton easy :
sales, lib bales: uplands, l0lS orleans. 1925: ne
| receipts at all ports. s,467 bales; exports {,
Great Britain. 6.5sS; to France, -: TO tn,
Continent. 6-3i2; to the Channel, =; stock
| S25,5js.
LfvERPooI- February 30 p. m.-Cot.on fl
| lures: March, 8 32-64, buyer; March-A pril
3 3-2-d4 buver: April-May, 34-6f buyer; May
June, 1894. bnser; June-July. 5 IS s. buyer
Ter, 40-64, seller: September, 40-64 seller
Futures closed firm.
GALVESTON, February &C Cotton steady: mid
ding, %s; net receipts. III; gross 81 !; sales
Isl; stock. 35.4s9; exports coastwise. -
exports to Great Britain, -; to the Con
tinent. -. to France, -.
NORFOLK. February 29-Cotfon quiet: mid
| ding. 10. net receipts, go babes gross NJ
ceipts s.9 stock. S5,5oS: sales. IT'S export
| to Great Britain, :; coastwise. 22a.
BALTIMORE. February es-Cotton easy: md
=; stock, 2i.0gs: exports to Great britain. :
| cossSfwfse, %; 10 the Continent =. to Francs
s: sales TO spinners.
BosToS. February ee-Cotton quiet; middliu
los net receipts I'd. gross receipts, l. ~ sale
E-none; stock =: exports to Great Britain.
WILMINGTON. February zs-Cotton Quiet
IS; sales, nones stock. 1856; exports coasl
| wise. =. exports to Great Britain 400 to III
Continent, :; TO France =.
PHILADELPHIA February 2eLCotton stead
uliddling ~ ll6: net receipts LIE: gross receipts
LIZ stock. 26.4si; exports TO Great Brifail