The times. [volume] (Richmond, Va.) 1890-1903, 1892-02-24
Sew York Cotton Market.

Nrw YORK. Feb. 23.-Messrs. Hubbard, Price
n Co.'S daily letter says ".Quotations Of futures
IN Liverpool show a net decline Of about . 20
3-jl over the American holiday. The response
in our market at the opening !hls morning was
a reduction III values OF about : points, as CONF
pared with saturdays prices. IL celpts Tor
both yesterday and to-day were reported full.
but the market showed no lower prices or weak
ness. and with a consplcucnsly nrm undertOne
advanced until by 1 O'Clock August sOld 1.2s,
about q points above the lowest figures reached.
Our cables from Liverpool advise a rather bet
ter demand from the Continent. and sag that
the decline Of Yesterday was largely the result
of a bear rad. made upon the hypothesis that
further depression in Liverpool might induce
a liquidation Of the large stocks Of SPOT cot-
ton 80 the South. Our own cables advised good
demand for cotton and prices steady. Durlng
the afternoon the market continued quiet and
steady. making d slight reaction. which was.
however. fully recovered by the close. final
prices being within : points OF the highest OF
the day and 3 points over the figures OF Satur-
day evening. Receipts for the week thus far.
s6S3l bales, against 1900 for the same time
last wee6. This movement Is enormous and
the strength or the market despite us volume
lends color go the stories OF an alleged bull
syndicate which are again in circulation TO day.
We cannot, however. md ANYTHING to confirm
the idea, anda syndlcate whose buying capacity
IS less than l.rO.OlO bales We fear would have
weary WORK until the surplus Is somewhat re-
duced.
Cotton futures steady. Receipts at the ports
yesterday are estimated at 2l,DO bales AMI Tor
to-day 5000 bales. Spo. cotton steady; md
AAAH f.s nAA'H At A4t ItNAN u > ID ff-0H 81 .
March, hT3eG14; April, 6.sfe6.oj; May. G.95aG96;
June. 706eI0; July, 7.l1s1lS; August, 1.Gs1.2s;
September, 1850 40: October, G.t9S1.Jl.
PRODUCE.
Flour closed dull and unchanged. Southern
Hour closed quiet, trade and family extras. sA.sD.
Mhtat-OptOns opened &c. lower. with free
offerings by both local and foreign traders.
The former were particularly active sellers,
the demand IN the English market being slack.
The market continued weak throughout the
day and further declined Spot lots closed lIsc.
lower; No. ? red winter. spot. si.OsNs: 90. Feb
ruary. si.05;s; do. April. sl.o5i4; DO. May, sl034:
do. june. SiUfas.
Corn-Options we're generally active and weak
ID sympathy with wheat. closing sc. lower.
Spot lots closed steady: no. : mixed, SPOT.
illac.: DO. February. 4i1ec.: do. March, 4Skc..
do. April. 49lsc.: do. MAJ, t9}-c.
Oats-Options were fairly active with prices
easier. Spot lots closed steady; spot sales OF
No. ! white. 391ec.; No. ,, .Si4c.; No. l mixed.
a6Ac.; No.. do, 359364c.; No. 2 mixed. febru-
airy. SIC: March. 30l.c do. May. SIC.
Pork quiet; new mess. s9s5olO.l
Lard closed steady and nomlIally unchanged.
tugar-iiaw quiet; muscovGdo - test. &C..
centrifugal. % test. 3 ,-l6c.; refined quiet but
steady; powdered or cubes. ilteii.c.; granu-
lated 1915 c.; confectioneris A, 3;taic.
C~oiee-Spot lots closed dull; fair Rio car