The times. [volume] (Richmond, Va.) 1890-1903, 1891-09-03
Now York COTTON Mnrkct.

New YORK, Sept. 2.-Messrs. Hubbard
Price d Co. in their cotton circular tonight
say: People seem 20 have become Thoroughly
awakened to the possibilities of a short cot
ton crop next year. aud an extreme advance
OF 6-6f and twenty points was recOrced
here at one time to-day. In both markets
there has been reaction. but net advance
OF ten points has been established, winch -
about equivalent o the improvement OF 80
which has been heldin Liverpool. spot sa.es
IN that market are 1000 bales mddllns icing
quoted at a. while Manchester Is reported
strong while cloths are dearer than the last
report but buyers refuse the advance. 10
DAYS receipts at the ports are 9.4.O against
10. 1914 last year The trading here has again
been on "a large scale. but the feeling u appa-
rently less nervous than yesterday, a,d Tie
short interest is plainly much reduced. There IS
q somewhat diminished desire on the part Of
the American outside public TO buy to-day the
large premiums between the months acting
as a deterrant September IS selling twenty
points below October and October ia sixteen
points below November These premiums
handicap very heavily any continued pun
movement. and make necessary continued
buying to support the market. crop ac-
counts are confusing but a majority oil our
advices tend 20 contradiction OF the extremely
pessimstc reports which have been the
cause 0f the advance. The United states Ag-
ricultural Department in its monthly report
issued to-day says: The recent unfavora9e
weather did permanent injury TO the
crop. especially in Alabama. but he weld IN
Texas will equal last year. The New Orleans
Exchange figures the total crop Of 1890 81 as
3542 ST."
Futures closed steady. Receipts for the day
81 the ports $500, against q COO last week
and 10. 900 last year. The Southern markets
are steady 10 firm with 1-lf advance at Mo
bile and Charleston 10. a. Galveston and
u nd
market is steady at lie advance; Middllng
uplands. 81. Sale 457 ba.es. Transactions
i'm futures, 10000. Closing quotations: Sep
TENDER. 9.42m9.43. October S.6ie IS. No
vember, S.80G8.81; December, S.93@s.93
January, 9.050 905, February, glsa4l9
March, 9.29q980; April, as9q2lo; May s-4s
"a q49: June, 9.57a95s.
In Liverpool Cotton spot lots fairly active:
niidling uplands. & il-l6 sales, 1900
bales. Futures firm September-Oc October,
4 1854: October-N0vember 4 5Z-o4: N0vem-
ber-December, 4 57-Gt OVERWHELMINGLY,
4 t0-6i.
PRODUCE.
Flour-Flour quiet. fine grades OF spring.
$4,000 do winter, s3.8j@4; extra No.
mill extras, S54)N550 for West Indies.
Southern -four dull and steady, trade and
family extras go oi5O.
Wheat Wheat options active, while prices
were weak: the continued large interior move
ment was another cause for the selling The
closing prices we're 1}5c. 10 &c. lower Spot
lots easier. Sales No. red winter $1,000;
No. 2 red winter, September, sl05s5 Octo-
Der. s1061a November, S1.05; December,
S1.09oz.
COrn-COrn oltiOns were firm and advanced
1c but the advance was lost later in sympa-
thy with wheat. Prices closed l to no
lower Spot lots firm and 1i1c. higher
Sales. No. . mixed, &c.; No. mixed. Sep
tember 7O1sc.; October &c; November, CSC.
December. 59c.
Oats Oats options moderately firm and &C
tive. closing C. lower. Spot lots easier
Sales: No. ] white, 4lc.; No. z do. HmJOc
No. mixed 3GA c.: No. do, 3j94 036c.; No
2 mixed. September, 35%c.; October 3j2tc..
Pork-POrk quiet; mess, S11.50dl2 for new
Lard Lard STEADY. September, SI06; 90
t0ber S70S; December, SIS.
Sugar Raw in better demand aud firm SO
test Auscovado. &C.: centrifugal. sc test
7-l6c. Refined fairly active and firm. Cut
loaf and crushed. 55.c. powdered, &c;
graduated, 5-iG@4 7-iGc cubes, 7-lGc.
confectiOners "A " 4 3-l6c.
CoGee-Spot lots coffee dbl. Fair Rio
carg0es. 100
Petroleum-Tle market br pipeline GER
t.fcates did not open until 1920 to-day. Offers
were scarce and held ont as magnet 10 draw
buyers. but did not find any attraction. At
Consolidated Exchange, C3Hc; highest, 65Is c.,
lowest, e. closing. &c.