The times. [volume] (Richmond, Va.) 1890-1903, 1896-03-19
THE COTTON MARKETS.


THE COTTON MARKETS.
NEw YORK. March lS-Cotton quiet;
miodilng gulf So. middling. s. gross
receipts. 1903 bales; exports 10 Great
Britain. 2HlG bales. Continent 100 bales;
/ forwarded. Go bales. sales. liG hales,
spnners liC bales; stock. l02.Fo bales.
Total to-day-Nct receipts, N,si2 bales;
exports 20 Great Britain 1890 bales.
Continent. 100 bales, stock, C6i,322
bales.
Total so far this weck-Net receipts,
1870 bales. exports 10 Great Britain,
55.'s5 bales. France. 800 bales; Cont
ncnt, 23.521 bales
Total since September 1st-Net receipts.
lGiG.og2 ba.es, exports 10 Great Britain,
l.721.si2 bales: france. 4lI.329 bales. Com
uneni. .3C7. so bales
Futures closed steady sales. 32G SO0
bales; March. 7.6s. April. 7.Ga May. 10;
June. 40. July. 10. August. $50. Sep
tcmber. 40; October. 72s; November,
723. December 7.2G; January. rs.
NOW YORK, March ls.-Tho suns cot
ton review says:
Cotton CLOSED steady at II TO IA points
advance on this crop and Z TO points
on the next The sales were 5000
bales
T0-day's features. After a break In five
months Of nc. why is not cotton entitled
TO a rally of at least half that amount
Such is the reasoning Of some Of the
bulls. Nothing IS yet definitely known
about the next crop. stocks are mod
crate receipts are light. and the market
is manifestly oversold.
Cotton goods # is true. are still very
dun. sew raj dry goods failures arc re-
ported I'm Philadelphia. and the market
is. In fact. so slow that the Merrmac
mills. near Boston. which make print
cloths and other cottons. viii next week
close down But If cotton continues TO
rise for any length of time, II IS not at
an improbable that there may bee some
Improvement I'm the cotton GOODS trade
Al the moment. however the worst fea-
lures Of the situation are unquesiionably
the dullncss Of cotton goods. coupled
with the universal belief That the next
crop will Doe the largest on record. never
tholess. bea- are deserving this crcl
just as fast as they can set out OF d..
their purchases To cover within two
days nave reached very large proper
Tons and they are not at all ageres-
sive in the next crop either lnman,
Swan & Co. as is we'll known. have
been very prominent in the buying Of
late, partly. il is understood. against
sales of spot cotton at the South. though
y
that believes cotton IS unduly low At
nfr5vents. many believe that the recent
rise is az once healthy and natural.
To-day prominent bulls liquidated 90
some ext nt at times, but later on they
gave the market support again. Local
shorts covered heavily this afternoon.
Wall street is understood 20 have bought
pretty freely. Prices wound mp AT very
close to the best figures Of the day.
NEW ORLEANS. LA. March 1s.-Cot-
ton futures steady. sales. GsOoO bales.
March. 763; April, 70i. May, 7Gs; June,
7g7. July 7GG. August. 7.62. September,
719: October. 7OG; November, 7O3; De
cember FOG.
LIVERPOOL. March $3.50 =. VI.
Cotton demand fair. American middling,
4 11-32 sales, 10000 bales, American.
BOO bales. speculation and export. 900
baics: receipts 1900 bales American,
$500 bales Futures opened firm and
demand fair. March. 4 1861. March and
April 1 17-640f 1861; April and May
1854: May and Jane. s 15-64Nf 1864.
june and July. lI-6l: July and August,
1864 1864: August and September,
1864. October and November, 6l-64.
November and -f,-cemher. 6O-Gi. Fu-
lures arm at. thR kaaVanee. Tenders
al to-day's clemingr Ineo bales new
dockets. a..u '
T. M.-March, l9-6iW4 2O-64. buyers
March and April ] 1s-Gf'qi 1851. buyers,
April and May, 1851, sellers. May and
June. I 1864. buyers June and July.
4 1864 sellers. July and August. 1861.
value. August and September. 4 1l-ffn
4 12-Gf. sellers. September and October.
3-G1 sellers: October and November.
o 62-cf sellers; November and December
and December and January. G1-Gi, sell
crs Futures closed steady.