Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-12-14
COTTON CONTINUES 10 BE WEAK
SIX POINTS LOST YESTERDAY ON
MEAN rtrunns.
rho Elements az work Against nm
improvement, IN rrics.--rh- Liv.r-
peel. New York and New orieans
Markets.

r. q, Mcrcak 4 Co In. their review Of
the cotton mnrkcia say.
The weakness which developed go
positively on yesterday Continued to-
day, but the imprcsaion made upon
priecs was only slight aud the market
remains very narrow. with fluctuations
within range % , or pointa. LAYER.
pool came IN shade lower this morn-
inE at y. m. recovered. but later lost
this gain and closed fully points lower
thnn the oloae OF ycAttrday. The tonu
was reported quiet az tho decline,
Spots remain unchanged, saiea OF the
day i2.ooo at J s.ssd. demand fair and
prlcea steady.
New York frat showed an inclination
TO resent the Liverpool opsning and
was 1 point above yentordAya close,
but the market proved too weak 10 JUS
IVY this show pf strength ana the ~
foft quickly disappeared and prices
rahe1 off until 500 for March was
touched. beyond which the market was
not apparently Inclined TO decline fur.
ther THIS represented decline o.
only Z points from the opening and 3
points under yesterdays eiQAA Tho
Aff.fN wv NNNNNN " AANAH NNNAN WIN NkNN
sales ana tone quiet Spnta IA New
York opened and closed without
ohangcl saltH none market quiet,
New orleans showed about the same
temper as New YORK and went hand
IN hand with that market for con-
tracts, opening a. about yesterdays
close and quitting at points hpl0w thO
/ openlnE, with no tone called STEADY,
/ spots In New orleans opened without
/ change Sales hy factors, $500 bHlea
and by Z o, b. hrokcfg $3.50 bales, At
I thr close quotations were reduced i-l0G
/ and the tone Of the marriott was re-
ported dull with mlddiinga ht i-se.
Tho demand IN evidently or very
melHrr sort from oil seurcoa a. no
| fresh cngaermrnts appear, The sales
| IN lAvernp0l today, fot the nrst time In
mnuy days, assumed normal propor-
| lions, hut The onlaide element do not
/ show much disposition 10 take fresh
! lntureat In the market and operators
/ appear 10 be about through with tho
effort TO manipulate any of the ncar hy
month";. at leaat until the holiday fea-
son u past II ~ currently reported
| that the onVfluHs Of actual cotton
from many southern points at material
price CONCESSIONS 10 very considerable,
ana inaHmuch na the South notably
| New OrlaauH. has been furnishing tho
support sustaining the market, now
] That THIS Influence M Withdrawn nud
| converted into an evidence of increaH-
Ing supply fom primal points, the
market has lost ita prop ana Hlvca way
along tho value line
u Is understood that many lnta VI
those OnerinEn from ptlmnl points IN
oluded shipments FOR January ana thus
IL made apparent the recent working
4 OF the New York market Tor the nrst
month OF the year Now that the do.
sired results seem 10 have been OBJ
tanned. the January option ~ nppar-
! ontig softer ana that option H. begin
| ming to ASSUME iia normal position.
! The hearh, however, oven with nll tho
| advantage on their slide. do not APPEAR
! positively Aggressive, but there IA Hdme
evidence that their ranks Hre growing
aud number nome recruits from those
who have been Inclined to the hullish
side,
The conditions prevailing are due to
the evidence Of an increasing supply,
! while the runaumer at home AMI
ahrond ~ either well supplied or an,
tclputea getting his needed supplies at
lower prices and ilndH encouragement
IN this view from the rather liberal OF.
| fprlnga az prioo concessions,
II N too near the end Of tho year 10
expect any extensive buying. further
than 10 oven an outstanding engage
mcnu while the fnrriWi edvlcea ran
| 10 Indicate ihnt there II any stamina
| In the market Heeolpin today wrra
| F1ga hults, az compared with i2Stf
| bales last year. New orleans expects
tomorrow ito0e aH compared with 5000
| last year