The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-11


NEW YORK, Dec. lO.-COTTON-The
cotton market opened steady at an al
vance OF to . points. and Immediately
developed positive strength on very pau
weather reports. buliish Engllsn -aDies,
rumOrs that holders OF spot cotton III
southern markets had advanced asking
rates. ana dispatches TO the eHect thal
there were no sellers OF print cloths IN
New England markets. despite an advance
OF 2i.c. Active covering by shorts, invest
ment buying support from the South ana
light foreign. demand sent prices up 10 a
net gain Of 6GG points shortly after the
call. \ slight reaction under realizing
was followed by another upward move
ment All through the early part OF the
session the undeTcuricnt of sentiment was
bullish with littf or no abatement noted
in the demand from shorts. who appeared
osdy frightened. Inc late market Tor
cotton futures was feverish under realiz-
ing and covering By turns with trading
sim active and general. The close was
steady at a net gain of 3u5 points spot
closed firm with prices unchanged. Sales
Of 2l5 bales to domestic spinners.
Estimated receipts az the ports Tor the
day. 5000 bales. against G2.ss2 lasl wees
and j7.2ss last year For the week, go
600 bales. against 5000 last week and
$50 092 last year. 49,
To-day's receipts AT Memphis were 1853
bales. against 317l last year. To-day
receipts at Houston were 1901 baies,
against 1881 last year.
COTTON-Futures opened steady; De
cember. 80. January, 5.56, February,
$50. March. 5.5G; April, 5.5S: May. 5.62;
June. 5.63; July. 5.G7; August, OIL; sep
TENDER, 567. October, 80.
Futures closed steady. December, 3.9,'
January. jjS. February, J5j, Marcn, Dob
April, $50: May. 563. June. 5G7, july
80: August J.73; September 80; Octo-
SPOT market closed firm. unchanged on
the basis OF 1916 for middling uplands
and 1-1G for middling gulf: sales, 20
bales, spinners.
COTTON-Firm: middling, 4 1915; net
receipts. 32O bales. gross. I.osi bales'
sales. 20 bales: stock, ill.4Ii bales eN-
ports TO the Continent. $50 bales
Total to-day ana consolidated-Net re
coipts. q. s97 bales: exports 20 Great Bri-
tain. 6. 100 bales: 10 the Continent G3O
bales: stock. 1.33S62G bales.
Total since September lst-Nct receipts
( 79S. S3s bales; exports TO Great Britain
/. 7O6 SOC bales: 10 France. 5i3,f2i bales;
% The Continent, 1,2Ol3of bales.
NEW ORLEANS. Dec. 1o-COTTON-
Futures steady: December. 800; January,
J1laJ12. February JISuj19. March.
30. April. j27n5.2S, May. 5.32n5.@3;
juno. 53705.3S: July. 5.4lnj43: August
5.42d0 a.: September, 5.3j; October, 5.3r
LIVERPOOL. Dec. 1o.-COTTON-spot
prices quiet and unchanged: American
middinE. 2 5-32d.: sales of the day were
1000 bales. Of which go were for specu-
lation and export. and included $500 bales
American. Receipts, 21,5OJ bales includ-
ing Is 800 American.
Futures opened quiet. with n moderate
demand and closed barely steady; Ameri-
can middling. ]. m. g.. December. 4-b4H
@ 5-S4 sellers: December and January,
g 5-Gf buyers. January and February.
3 4-G4Q3 J-Gf. sellers: February and
March. 5-64 buyers. March and April.
3 G-Gf. buyers: April and May. 7-Gf.
sellers. Nav and June 9 7-e4n3 S-Gf. buy
ers: June and July SGl03 1854. sellers,
July and August. 0-64. buyers; August
and September. 3 9-G4N3 1861. sellers:
September and October. 0--6f buyers;
october and November 3 9-64. sellers.