The times. [volume] (Richmond, Va.) 1890-1903, 1892-12-13


pool advices, which were said 20 be partly
inspired by the failure Of the Agricultural
Department to Issue any crop estimate,
together with n lack OF support from Man
chester operators. Futures here became
steady afterwards on the report OF light
crop movement and decided falling OF
IN receipts at the ports. This feeling was
further augmented on the announcement
from Washington that the Anu-Option bill
was temporarily laid aside, causing a steady
advance In prices and securing net gain
Of IA points at the closing as compared
with Saturdays figures. The situation
remains practically unchanged, and con-
tInuance OF the light crop movement, not
withstanding the uneasiness on the Anti
Option bill. should warrant a further rise
rs II Is the general belief among wellin-
formed people that this bill will never be-
come law.
NEW YORK, Dec. 12.-Future deliveries
opened steady NJ 06l10 points decline from
the closing prices on Saturday Sales en-
the first call. 1000 bales. After call on
light trading this decline was recovered.
The disappointing advices from Liverpool
this morning caused the depression in
market at the opening. but light receipts
for the day and the generally confident
feeling that prevails in the intrinsic value
Of cotton stimulated buying and the OF.
ferings were readily absorbed at advancing
prices until the entire decline was recover
| cd The Antl.Option I'LL is the unknown
| factor In the situation, and tends 10 re-
| strict business and obviously checks the
| bulllsh temper OF the market from an ac-
| tive and upward development Receipts
| at the ports for the day are estimated ut
| 10000 bales Receipts at the ports are
| $1,000 bales, against 1000 bales last week
| and 53. 900 bales last year. Some improve
| u,ap roror1o1 I'm fbp demand Ter fli-
| lures during the afternoon, aud before the
| last hour most months rose 10 II points
! from Saturdays final prices, the advance
| being wholly due 10 a vague report mat
| the Senate would defer action on the Anti
| Option BILL This brought In number OF
| new buyers, and considerable covering OF
/ shorts took place, while buyers OF inc
/ morning took profits. The trading was 10
/ a large extent confined 10 room traders
| and Southern firms were less conspicuous
| In the operations Of the day. According 10
/ private cables to-day, the comparative stag
| nation In trade at Manchester ana LlVerpOoi
was attributed to the reluctance of holders
| Of cotton 70 sell freely az ruling prices,
| which were regarded as too low when com
pared with quotations In the South.
! Charleston receipts for the week were es-
| timated by some authorities rs not hkcly
| 10 exceed 5000 bales and this fact brought
II
noon I'm the local market. Among local
| traders. includh,; the most conservative
! houses in the trade, is n growing cohVlc-
| ton that the extent Of the yield at all IN
| terror points is fully as light as previously
estimated, and but for the ADti-Opton bill
the market would do considerable better
| A bulliSh factor is the light receipts at
| the Atlantic ports. The general disposi
| ton is 10 wait the course Of the receipt
81 Al - fpar q.
| is shown higher prices are expected. Spot
closed firm: middling uplands, 9A; do. Or
leans. . 1916; low middling, 5-l6; good
| ordinary. SIS; net receipts, EGO bales
| gross receipts, 57l7 bales; experts TO
Great Britain, . .S35 bales; Continent, 377l
| bales: forwarded 203O bales: sales, 1,40e
| bales: spinnerS. 400 bales; stock. 2O19SS
| bales. Futures closed firm; sales. 26O 100
bales; December. 9.52d953; January $50
G9.57; February, 9.67q96s; March 9.7sa
979; April. 0S009. 50; May, 0.9S0090;
| June, 10.0701O.0S; July. 10.14Q1O.15; Au-
1 gust. 1O2O01O.2l.
! GALVESTON, Dec. 12.-COtton FIRM mid
ding. 0l3: net receipts lisp bales sales,
| $50 bales: stock. 152.335 bales; Coastwise,
4765 bales: Continent. 400 bales.
! NORFOLK, Dec. 12.-Cotton quiet; mid
ding. 0la net receipts 1907 bales; sales,
- bales: stock, 1862 bales; Coastwise,
| 1887 bales
BALTIMORE. Dec. 12-Cctton nominal;
middling. 9a.; gross receipts. 2,704 bales;
stock. 5000 bales Great Britain, 464l
bales: Continent, 1859 bales
| BOSTON, Dec. 12.-COttOn quiet; mid
| ding 03t: net receipts, 706 bales; gross
receipts 5, $50 bales; Great Britain, 1,6SS
bales.
WILMINGTON, Dec. 12.-Cotton firm;
middling, oA; net receipts l2so bales;
stock. 20.O32 bales Coastwise, 097 bales
PHILADELPHIA. Dec. 12.-Cotton firm;
middling. 7Oh; net receipts, 2l5 bales;
stock. 1880 bales.
SAVANNAH, Dec. 12.-Cotton dull: mid
| ding. 3-1G; net receipts, 4,354 bales
sales 14OO bales; stock, 1925 bales;
Coastwise. 701 bales.
NEW ORLEANS. Dec Election steady;
middling, 05s; net receipts 1886 bales :;
gross receipts. 1884 bales; sales, 1000
bales: stock, $50 bales.
MOBILE. Dec l2.-Cotton quiet; mid
ding 9i5; net receipts 2O91 bales; sales,
| 500 bales; stock 3S,727 bales; CoastwiSe,
5S3 bales.
MEMPHIS, Dec. 12.-COtton steady; mid
ding, 0%: net receipts, 6,70S bales, gross
receipts. $3.50 bales; sales, 800 bales;
stock Jos. 403 bales.
AUGUSTA, Dee. 12.-Cotton firm; mid
ding. 03.. net receipts, LAOS bales; sales,
| OOI bales, stock, 4Z,tfo Ddles
CHARLESTON, Dec. 12.-Cotton nomi-
nall niddllng. 0l5; net receipts, 147 bales;
| stock 81 5OS bales.
CINCINNATI, Dec. Election steady;
| mdding, 10; net receipts, l92f Dales;
stock 1919 bales
LOUISVILLE, Dec. 12.-Cotton steady;
middling, 9N.
ST LOUIS. Dec 12-Cotton quiet; mid
ding. 90: net receipts. Las bales; gross
receipts 7.72S bales; stock. 5s,334 bales.
HOUSTON, Dec. 12.-COtton steady; mid
ding, 93s; net receipts, Sab bales; stock,
q 765 bales