The times. [volume] (Richmond, Va.) 1890-1903, 1892-12-06

THE COTTON MARKETS.
NEW YORK. Dec. Especial Henry
Clewes & Co.'S cotton circular says: To-
days cotton market opened at a decline Of
20 TO 30 points, compared with Satur-
days closing, the result Of weak Liverpool
cables and a lack Of confidence i'm the
manipulation recently manifested by South
crn traders. which is presumed to be partly
for Liverpool account Covering Of shorts
and better demand caused the market
10 rally afterwards and Notwithstanding
the uncasucss regarding the Anu-Option
bill. which tended To unsettle prices ut in
tcrvals during the day. together with re-
ports OF weaker Liverpool closing cables
our market closed steady ut an advance
Of 10 q points from opening prices. The
receipts still continue liberal, and the crop
movement 10 date indicates an amount in
proportion 10 that Of former years for the
same period. In view Of present conditions,
we still adhere TO our low crop estimates,
and do not think it will exceed G,50O,0O0
bales
our Dallas correspondent wires us as
follows "Fine picking weather; good roads
and high prices have about exhausted
farmers holdings"
Total sales of cotton here today 34s, 100
bales
NEW YORK Dec. "a very disappoint-
ed body OF men were the bulls on the New
York Cotton Exchange ,his morning. At
the close of business Saturday the tide Of
speculation was turning in their favor
again, the liquidation Of longs being gen
orally ever. but this morning came adviceS
from Washington stating that immediate
action would be taken by Congress upon
the Anti option bin. This news was i'm
mediately cablcd 10 Liverpool and that
market, after opening at 1854 advance,
broke down completely, prices breaking
7-G4 AS natural result this morning
the market opened active and weak at
decline of 30 points from Saturdays final
quotations, but then came rally OF l0dl2
points, as Liverpool reported recovery
Of 1-64, and there was considerable buy
ing for Southern accounts, hut 1t appeared
nothing more than a liquidation CT 'short'
accounts, they taking advantage Of the
break in values to cover their sales. Re
cent bear operators were also free buyers
TO cover their short sales. Later the mar
ket again turned weaker, declining SdlO
points under adyices from Liverpool re-
porting the improvement lost and port re
ceipts showing an increase, being $1,000
bales, against 50,392 bales same day last
week and 90 12S bales for the correspond
ing day last year. The closing dispatch
from Liverpool reported the market UNI
changed and steady, and here the market |
became trihe steader, advancing 1Q2 |
points At 1910 \. VI. the market was |
fairly active and steady. The revival Of the |
Anti option bill has caused some Of the |
cotton brokers TO issue notices stating that |
they will refuse orders in any OF the dis
tant deliveries until this bill has been |
finally settled. The afternoon market was
comparatively dull and the Attendance |
small. Members were absorbed in the dis
cussiOn Of the Anticipation bill and the peru
sal Of kilograms from Washington indicat-
ing the probable action Of the Senate. In
tense nervousness prevailed on the part Of
traders and in some instances orders for
the purchase and sale Of futures were per-
emptorily declined on any terms, owing 10
the threatened collapse Of speculation in
the event Of the bill being passed. Add
tiOnal cables were received from Liver
pool showing a similar condition Of affairs
On account OF the receipt of increased crop
IS timates and an apathetic attitude Of spin
lers. During the last half hour there was
renewed disposition to buy and quite a
rally followed. Crop reports continued
)ullsh. Closing prices follow December
).9S0999; January 9.O409O5; February
D.15M016; March, 926a9.27; April, 9.34Gl
,.37; May. 94Gd9.47; June, 9.5JQ95G;
July, 9.63U9G4; August 069H9.70 Market
steady. Total sales, 34SlOO bales. Spot
'otton closed dull; middling uplands 9%
orleans, 8 GIG; G.. o., 81; L. NJ, 8 1916;
let receipts, 81 bales; gross receipts, 7,1O2
,ales: exports Great Britain, 3,445 bales
france 615 Continent, 2,792 bales; for
yarded, 4 103 bales; sales, 100 bales; spin
lcrs, 2GO bales; actual stock, 3OS,442 bales.
The consolidated net receipts of cotton at
III ports to-day were 9O332 bales; exports
o Great Britain 16,G72 bales; exports TO
Continent. 1512O bales stock, 1,O3O,57l
,ales. New Orleans futures steady; sales,
OS. 800 bales; December, $50; January,
Isl; February, S.SG; March, S03.
GALVESTON, Dec. 5.-Cotton nominal;
niddling, 9&s; net receipts, 17,70S; stock,
1852; Great Britain, 5,943; Coastwise,
Is; Continent, 1907
NORFOLK, Dec. 5.-Cotton nominal;
Kidding. 8; net receipts. 1901; sales, 7l3;
took, Abb; Coastwise, 9G5; Continent
,O40.
BALTIMORE, Dec. 5.-Cottcn nominal;
liddlmg "a; net receipts, 1900; stock, 81
8 492.
BOSTON. Dec 5-Cotton quiet; middling,
*. net receipts, 1924; Great Britain,
O59.
WILMINGTON, Dee 5.-Nothing doing; {
Kidding. 0M; net receipts, SO; stock,
}, lbs: COastwSe, 627
PHILADELPHIA, Dec. 5.-Cotton dull;
liddling, 1O1s net receipts, pa; stock,
).114
SAVANNAH, Dec. 5.-Cotton easy; mid I
ling, 9; gross receipts, 5,777; sales, %;
ock. 100, 92S; Coastwise, 4,O5S.
NEW ORLEANS, Dec 5.-COtton weak;
iddlng, 5-16 net receipts, 1856; gross
,ceipts. 1926; sales, $500; stock, 243, 62O;
reat Britain, 425.
MOBILE, Dec. 5.-Cotton easy; mddling
net receipts. 1886; sales, 500; stock,
,1s5; Coastwise, Cos.
MEMPHIS Dec. Cotton quiet; mid I
ing. 95S; net receipts, 5,73G; gross re- 3
ipts. GAO; sales 1885, stock, 9S,79l f
AUGUSTA, Dec. 5.-Cotton easy; mid
ing. 8; net receipts, 1,42S; sales, 1872; j
Dck, 1892.
Dec. 5.-Cotton nominal;
ddllng, 0%; net receipts, 2O3l; stock,
,462.
CINCINNATI, Dec. 5.-Cotton steady;
ddling 9A; net receipts, 1,G6S; sales,
D; stock, 10,1S0.
LOUISVILLE, Dec. 5.-Cotton quiet; mid a
ng, 05s.
ST. LOUIS, Dec 5.-Cotton quiet; mid i'
ng, on net receipts, 2037; gross re-
pts, Gill; stock, $4,000.
NEW ORLEANS, LA, Dec 5.-Cotton
lures barely steady; sales, 149,500 bales; {
a