The Palatka daily news. (Palatka, Fla.) 1884-1888, 1888-02-05

NEW YORK. February the stock market
was again weak to-day, the bears rounding up
the week bv raids on the entire list, resulting
in material declines for almost everything
traded in. The early cables from London ie-
Elected feyerish and depressed condition of
affairs i'm that market and our market i'm
mediately sympathized, while the local and
Chicago bears aided the depression 10y per-
sistent attacks upon their speciaities. Raids
by room professionals and selling by few short
wasted bulls were completely demOralizing.
Coal stocks were more prominent, and Laeka-
wanna became a special object of attention,
rumors pointing to a noncompliance with the
demands of the miners. which was inter
preted as an indication of further trouble In
the mining regions and smaller earnings for
coalers now in operation. The decline in
Lackawanna reached Ia per cent. from last
evenings final price. but the impression made
upon the rest of the list inconsideTbe,
except for Northwestern and Missouri Pacific,
which became very prominent in the last hour.
The remainder of the list continued abso-
lutely without feature of any kind, though
there was some good buying noticed toward
the close.
The opening was weak at declines extending
to IS per cent, but no further progress was
made in the downward movement until toward
ii O'Clock, when everything sagged of. Lacka-
wanna taking the lead. The decline continued
till near the close, when il was checked, and in
a few cases slight reeoveries were made, the
market closing dun and about steady at or
near the lowest prices reached The entire A.
tive list is lower and Lackawanna declined ~
per cent, Northwestern and Missouri Pacific
each u. Aggregated sales, sI.000 shares
WEEKLY BANK STATEMENT
The weekly statement of the associated
banks show the following changes:
Reserves decrease. .----.-----S 65l 90
specie. increase LIE. LOO
Legal Tenders. decrease. I2j.2Od
Deposits, increase .-...------- 6.tl3.et1
Circulation. increase Jo,ut
The Banks now hold 81, ga, 7e5 in excess of
TIE p Der cent rule.
Cation.
NEW YORK. February - Green & Cos
report on cotton futures says Cotton GER
tifcates have again moved somewhat slug
gishly. and evidences generally point TO an
inherent weakness; some of the accredited
| .bulr operators have taken portion of the
offering, but not in a snappish- vigorous way
and the pressure throughout has proven in
| sufficient TO keep prices weak throughout
| Nothing of a particularly favorable character
could be discovered in advices, the port move
Eent looming up pretty full and the foreign
| was selling on this market. Rumors of pOlitl-
| cal complications abroad were also circulated
| and while rather negative in character. car.
| ried some influence. There was decline OF +.
/ points, with just faint recovery of tone al
/ the close, but the business was very dull
NEW YORK. February 4-CottOn-Net re
ceipts. :; grose, 2.e9 bales Futures closed
February. 10 SOLO 81 (: March, 10 ssa1e 50
| April, 10 o69i0 81 May, 10 706II0 II: .nne
10 76ltl0 20 July, 10 SOLO 81: August, 10 s;
Gs10 81: September 10 3S1l0 - October. II
| o5Gl0 &C: November S819 so. December, Q s.
ESQ, January
NEW YORK. February 4--Cotton quiet :
| sales, IS; upiands, lOss: Orleans 1873: me-
| receipts at all ports. 1853 bales: exports Il
Great Britain. 52is. to France, 1894; TO tb'
Continent. s.2I0; 10 the Channel, =; stock
| a<3.s
VISIBLE COTTON SUPPLY.
| NEW YORK, February ETbe total visible sup
ply of cotton for the world is z970, 40 bales. o
which ESQ. 40 are American, against 3274,2-
and III respectively last yea. Receipt
for all interior towns, ~, AL Receipts fron
plantations so.2l2- Crop in sight, 5.s71.765.
| LIVERPOOL February L. D. m.-Cotton fl
lures: February. 3.-64, buyer; Februar,