The times. [volume] (Richmond, Va.) 1890-1903, 1892-04-27
Now Yorl, Cotton Market.

NV YORK. April 2G.-Hubbard, Price &
Co.'s daily letter says. Our cables this
morning advise that the master spinners in
Lancashire. irritated at the dictatorial attitude
of the operatives had determined to attempt
60 break 10 by continuing the existing lock
ont az least until Whtsuntde incidentally
d. was suggested that the object of the move
meui might include also the acquisition Of
some cheap cotton on the decline IN prices,
which would result from the prospect OF
such prolonged idleness. The Liverpool
market reflected this news by q decline
OF some 5-t4 IN futures. Spot sales
were only 5000 bales and the situation was
reported a. rather gloomy. Naturally a de-
cline in this market followed. and opening
prices were SIX points lower than yesterday.
The loss 10 value before u O'Clock had been
Increased further live points August con-
tracts selling as low as 7.2J This seemed 10
measure force Of.the reaction and a slight re-
cOvery ensued, three points Of the loss having
been regained before i o'clock. In New or
leans the decline has been greater than
here. that market fuctuatng more
closely in sympathy with Liverpool than our
own Ia Manchester yarns are quoted quiet
and firm with cloths quiet. Receipts az New
Orleans tomorrow are estimated at 1000
bales During the afternoon press dispatch
from Manchester read The cotton crisis
here Is growing graver hourly. A meeting
Of the Federation Of Employees will be held
this afternoon 10 consider the proposals of
the operatives. The cotton spinners Will also
discuss the question Of short time and the
aivisablhty Of Joining the movement
This preciptated q fresh selling movement
and carried prices back 10 11.25 for
August The closing was steady at about
these figures. still later cable 10 us reads:
We are reliably informed that the labor trOu-
les will soon be over The movement for
tie week. including shipments from Nelasco.
tie Texas port, will probably be slightly in
excess OF $4,000 bales. The interior move
ment al the three towns OF Memphis ST.
Louis and Augusta Is l.z75 bales, against ,C57
last year. Our Exchange VIII be closed to-
morrow az II o'clock"
Futures steady. Receipts at tho ports are
ll00J bales. against 5000 last week and 49,
O'0 last year. The spot market is dull at
l-i6 decline in quotations. Midding up
lands d. No sales have been reported.
Transactions in futures. $4,000 bales April,
5.9o 5s2; May. G.93@G.4; June. I05@7.O6;
July. 1.l5n1l6. August. 7.250nI26 Septem-
Der, T33a7.3f; October. 7.43a7.45; NOvem-
Der, 7.52@I54 December, 7.G2@7C4; Janua-
a. L72@L7.
PRODUCE
Flour closed dull and steady; fine grades Of
tillg. H. s0a2.25: DO. winter, S242.65; super
Tue spring. S2.lOG265: do. winter, s24Oa3;
ezra No. ] 0pring. S3m3.GO do. winter.
f5o 40; DO No. 2 spring 81 50N3.20 do. W. m
ser S2.s0M325; city mill extras. s4.75 for
Wet Indies; Southern -four closed steady;
us4e and family extras. S3.G0@4.40.
y heat options opened firm and slightly
n.slet on reports OF bad weather IN the West,
ana Dig decrease in the amount OF wheat ON
passage The market became dull and con-
Nnued 30 10 the close. Prices sagged and
cosed Irregular April closed l&c. lower
fLp ne other months slightly higher. Spot
'''s closed 10. higher; No. red winter spot,