The Palatka daily news. (Palatka, Fla.) 1884-1888, 1888-02-11

NEW YORK, February lO.-Thc stock market
was dull but firm to-day, though most of the
Improvement was lost before the close. Lon
don quotations were higher this morning, and
foreigners were buyers early in the day, but
there was general attempt to cover by the
bears ut the opening, and their buyers more
than anything else caused sharp advance
which marked the first TRANSACTIONS. Chicago
shorts asserted they had already covered, but
their representatives were free borrowers, and
the demand for stocks in the loan crowd gave
no indication that any heavy interest had
hquidated. The feeling at the opening of bust
ness was generally hope full, and earnings now
being reported indicate no foundation for ex-
aggerated statements of rate cutting; the in
crease by st. Paul ia particular being quite a
surprise, in view of daily rumors. Burlington
and Quincy, however, was an exception, and
declined to-day ON decrease in earnings re-
ported for the month of December and the
year, while Richmond and West Point stocks
were exceptionally strong. especially pre-
ferred. In the active list Reading, st. Paul
and Lake Shore were the most prominent to-
day, and all protited through to fractional
only, by early good feeling in anticipation of
favorable acton at Trunk Line meeting which
was the chief topic of conversation this morn
ing. The general list, however, wa dull and
stagnant as usual, and remained without fea-
ture throughout the day. The list closed very
duh and about steady at the close 10 the prices,
which were = per cent. advance over last
evenings close. Total days business. l29UtD
shares. Almost everything is higher tonight,
but the advances are for fractional figures
only.
NEW YORK. February 10. = Green & Co.'S
report on cotton futures says THE market
has been pretty active and quite irregular in
tone, but with general inclination toward an
easier range after the middle of the day. A
gain of to 3 points had been made on the
opening of business, but the demand then
ceased. Southern selling then came in with
! pretty full showing for interior movement,
and local longs becoming a little demoralized,
| dumping of contracts carried rates OIL 10 TO Il
points from the highest. There was also some
bull operators Just before the close report
purpoTting 10 come from Washington was cir
eulated. that appeared stimulating in tone. and
| on this some three points recovery was Sc
cured
NEW YORK February 10.-Cotton-Net re-
ceipts- 1,l15; gross. 2U15 bales Futures closed
| steady; sales, l24.GOu.
| February, 10 56al0 81 March, 10 6l110 e.
| April, 10 61Gtl0 Is May, 10 s36eI0 %; .une
10 9sdl0 50; July, 10 slGI0 81; August, 10 s
6el0 81; September. 10 35Jl0 81; October,
| 10 009tls 0e: November, 9 SsslD9 81: December
9 Sss89 u: January. 97Gs ss.
/ NEW YORK, February To- Cotton quiet
| sales. 101 bales; upands, l09s; orleans l0y4 ne
| receipts at all ports, l5,SD2 bales exports Il
Great Britain, 1904; to France, 5.4l4; to the
Continent, 1,766; to the Channel, =; stock
| 9u4, 6S}-
Weekly net receipts at New York, 4e63
| gross, 81 .2249
| Exports from New York for the week u
| Great Britain ~, ~ to France, .tB TO ths
| Continent, $3.50, forwarded. i.S5I sales, lOOsi
| to suinners, $50
COMPARATIVE COTTON STATEMENT
| roroparaffx-s cnttaD statement for the weel