The Palatka daily news. (Palatka, Fla.) 1884-1888, 1888-01-20

| Delaware Lack i2gls St. Paul prefd. u4Ii
Erie. ..-... 2.34 Texas Pacific. -. a4ls
East Tennessee. Hos Tenn Coal 4 Iron. ~
Lake shore. 9sla Onion Pacific J65z
Louisville j. Nash Uss New Jersey Cen. 70
Memphis Char. So Missouri Pacific A5s
Mobile X Ohio. ii Western Union. ~
wash Chat - Cotton Oil CertIh. 32Si
asked. IBID
NEW YORK, January I9.-It became known
| to-day that the pool in Reading had at last
liquidated during the past week. and the bears
taking advantage of the removal of the chief
support of the market, felt encouraged TO
hammer the list resolutely in "A much more &C
tive but decidedly weak market for the day.
The advocates of lower prices also received
| and from lack of support in many stocks,
Gould properties especially Welding very
readily to the pressure brought against them.
Traders, of course, were ranged on the bear
side, and active in selling the list
Throughout the day. The fercest attacks were
| on Missouri Pacific, st. Paul, Reading and
Fort Worth and Denver. and large line of
the first three stocks was sold. The strength
of Reading was remarkable under the cireum-
stances, and there was a rumor that a new pool
had been formed and buying stock sold. The
market WAS, however, as limited i'm its scope as
at any time during the present depression.
being for the most part confined to the walls
of the Stock Exchange, outside interests do
ing little or nothing. The announcement OF
the final signing of the Oregon Navigation
lease had some influence in checking the de-
cline. its effect being specially noticeable in
Union Pacific, out selling was quickly re-
newed, and the Improvements amounted TO
The opening was quiet but weak and at
taeks upon Reading and Gould stocks soon
infused life into trading. while prices fell away
rapidly Fort Worth and Denver and Mis-
souri, Pacific were next taken in hand, and
the upward movements were feeble, and gave
the market at times feverish appearance.
There was a period of dullness after IL O'Clock.
which lasted until nearly = p. M. but the at
tack was renewed, Heading being again a
tai reaction in the last hour. but the close was
dull and again weak at near the lowest
prices reached The business of the day was
2is.oO shares. Everything is lower
Cation.
NEW York. january 1e. : Green Co.'S
report on cotton futures says: +" Cotton GER
tificates have not found much of a market to-
day. Tut the undertone was comparatively
steady throughout, and valuations have in
clined toward a higher range. There did not
appear 10 be any special effort TO bull the po-
Sition. but the continuation of small receipts
unquestionabiy created IA nervous tone. and
not oniy led 20 very cautious Offering, but in
In brief, while the demand was only fair.
There seemed 10 be nothing through which the
supported without much difficulty. The gain
amounted to some points, with the close
about steady ali round and offerings limited"
NEW YORK. January le-Cotton-Net re-
very steady sales. $3.50.
January, 10 54al 10 50 February, 10 5sdlO 80;
March. 10 6ed1O 20: April, 10 16dtl0 - May,
~ s31I0 "a /; .une, 10 90fsI0 81: July, 10 $50
10 "a /; August. 10 ss6Ji0 9s; September. 10 500
10 81 +; October. 10 HOO Is; November.
NEW YORK. January Cotton steady
sales 103; uplands, 10 Is: orleans, 10 ll-l6: net
receipts at all ports, 1855 bales; exports to
Great Britain, ls.6si TO France. -; TO the
Continent. 5,z46; TO abe Channel, -; stock,
9.6.707.
LIVERPOOL Janury 10. p. m.-Cotson fu-
INN. Ham q
February, 5 SD, seller; February March. )
1854, seller; March-April,. ss-64. value I;
Buyer: Jnne-JuIy, n 81 value. JaIy,Ausnsf,
rs "a value; .Angust-september, 4.-6i,
seller. Futures closed firm.
GALvEsToS, January 10 Cotton steady: mid
1-Oto stock. 4a.Ols: exports coastwise, -
exports to Great Britain. -; to the Con-
NORFOLK. January 1s-Cotton steady; mid
ding, 10 lilo net receipts, l6&3 bales: gross.
receipts los3; stock. a., is5; sales 2i6 exports
To Great Britain. -. coastw1se. SSS.
BALTIMORE, January I9-Cotton easy. mid
ding, pss; net receipts, -; gross. Us sales,
=; stock, 1855; exports To Great Britain. =:
coastwise.- To the Continent, -; sales to
splnners. 240-
BOSTON, January l9-CottOn quiet: midding,
l0ss; net receipts t0s gross receipts 2.6,t; sales
none. stock. -. exports to Great Britain. -
wuMISGIoN, January 10 Cotton firm =
mlddling, 10, net receipts 2s.; gross receipts.
2s7, sales, none. stock. Il, ia exports coast
wise, =: exports 10 Great Britain =: TO the
Continent, =; to France.
PHILADELPHIA. January I9.-Cotton quiet
81 stoek. ioe4 net eTports to o. Great Brfaain.
=; coastwise. =: to the Continent. =.
SAVANNAH, January 1s-Cotton quiet : mid
ding l Ia net reeeiSss La sr1ss La
wise, 1..S5; to the Continent, -; TO Great
Britain. -. to France. go
NEW ORLEANS. January Ie-Cotton firm
middling, 1916: net receipts, 3..3l; gross re-
ceipts. 3-su. sales. ecu; stock sell .; exports
to Great Britain. 1861: TO the Continent, 3.64s;
to France cOaStwiSe-
MOBILE. January l9-Cotton firm mid
ding. 1916; net receipts, 40 bales gross re-
ceipts, Az ; sales, 800; stock. A. ,52; exports
cosistwiss. SO to Great Britain, -: 10 the
Continent,
MEMPHIS. January 1s.-C Cotton firm mid
ding. IL To- net receipts. 2i9: grtsss receipts
sll shipments, l.8O; stock lbs, li9 : sales To
AUGUSTA. January Is.-Corron steady: mid
ding, l3-l6: net receipts, 3i5 gross receipts
CHARLESTON. January Is-Cotton firm; mid
ding, 10; net receipts $50 bales; gross re
ceipts, 5ls sales, 40; stock. 45.3es exports
/ to Great Britain -: to the Continent. -.
I to France, -: coastwise.
ATLANTA: January 19-Cotton firm; mid
/ ding, ll-lo, receipts, l5s.
General MARKETS
CHICAGO. January Is.-The sparkle and fizz
/ which were features of the opening markets
kets opened quiet the excitement had evil
IDENTITY died out IN pork as the opening price
for May wes $li-4O. precisely where il closed;
| from this price il advanced to Si4- 4.1sGsI4S5.
but by 1870 It had reacted TO s14 %. There was
not much selling pressure; the absence of out
| side orders seemed TO have more 10 do with
4 the decline than the bear operations
one sale of loo barrels of May pork was
| made at S14-s5. the lowest price of the season.
| but most of the trading was unimportanr and
| of scalping nature.
! Trading in lard and ribs was smaller in vol
4 urne and of a local character. prices ranging
| within to lC cents range. Toward the close
i OF the session prices firfned up considerably
May pork closing AT Sl45o. May lard at Ssasd
| s-5.bs and May short ribs at S...s1x-
/ Both corn and wheat opened a trifie firmer
May wheat started at $3.50 s514- Little Interest
| was developed in the first hour. and at the end
OF the hour the pit was almost deserted Ii
became evident a. the day advanced that
grain values would go lower. Wheat and corn
4 were both faided at times by local operators
and there WAS considerable selling and can.
| ceIlng OF orders on country account. May
wheat WAS forced down to s2JsasAk shortly be.
fore noon- May wheat closed at ss5snxl
Corn was dealt in more largely than any
other market selling ON country account be
ing quite liberal. shortly before noon durina
the heaviest selling. il touched 5e@< but COW
closed at 49,
There was heavy trade in oats hut the mar.