The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1898-12-03
New vorx Cotton Market.

New York December 2.--The situation
/ summed up before the opening of the mar
ket this morning-favored the bear faction,
and the general opinion prevailed that
prices would open lower. Liverpool advices
were a distinct disappointment. The crop
movement promised to fulfill the early es
Inmates, while weather reports were quite
favorable to harvesting operations. For
eign representatives were known to be in
possession of quite generous selling orders,
and leading bears showed a disposition to
pursue an aggressive policy. Opening de-
velopments brought unexpected resistance
on the part of the market to any considera
BILE decline, the range of initial sales being
at a loss of points to a gain of / point.
For a few minutes little further change
was made, the selling pressure from abroad
satisfying initial buying orders in hand.
January shorts were seen to be seeking COW
err, causing relative frmness in this deiv-
cry. The close was barely. steady at I'M
changed prices to 1 point net decline.
Cotton was steady; midding. 5ssc net re-
cepts, 1850 bales; gross, 1856 bales; stock,
10o.72S bales; exports to Great Britain, 1880
bales; to the continent, 6.6S1 bales
Total today: Net receipts. 60,747 bales;
exports to Great Britain, $3.50 bales; to
France, 347S bales; to the continent. 1926
bales; stock. 1908 bales
Consolidated: Net receipts. 1872, 500 bales;
exports to Great Britain, 21S bales; to
France. 81, 1882 bales; to the continent, 1O9. 735
bales.
Total since September 1: Net receipts,
1896 921 bales; exports to Great Britain,
1,53O133 bales; to France, 297, 704 bales; to
the continent, 1,o74,622 bales.
New Orleans Cotton Market
New Orleans, December 2-Cotton was
firm, quotations revised; Sales 6.100 bales;
ordinary, 35sc; good ordinary. Slice; low
middling, 9-16c middling, &c; good mid
ding. 57sc; mddling fair CSC; receipts,
1889 bales stock 392, 2S3 bales.
Consolidated: Net receipts, 392, 1896 bales;
exports to Great Britain. 170,21S bales; to
France, 1882 bales to the continent, 10s,-
735 bales; stock, 1,29O.93S bales.
Daily Statement
New Orleans. December Cotton futures
were steady; December, 4.94 bid January
5.0015.02; February 5.06d5.07; March, 5110
5.12; April 51e@5.17; May 5.22@5.23; June,
5.27n5.28; July, 5.31@5-32; August, 5.3245.3 80;
September, 5.A asked October, 5.35 asked.
Galveston-Firm; middling SIC; sales.
1855 bales; receipts. 14,641 bales; stock, $780,,
665 bales.
Mobile-Steady; middling. SC; sales, 600
bales; receipts, 2,245 bales; stock, 1867
bales.
savannall-oulet middling. 47sc; sales.
76f bales; receipts, 731 bales; stock, 1856, 21S
bales.
/ Charlesten--Steady; middling, 15-16c;
receipts, 2,655 bales; stock. 72.92S bales.
NEUTRALITY-SUSPICIOUS.; middling, &c. receipts,
2,277 bales; stock, 1854 bales.
Norfolk-Quiet; middlng. sac; sales PIG
bales; receipts, 5,S44 bales; stock, S1,sS4
bales.
Baltimore-NominaI; middling, 51ac; re-
ceipts, 4,49O bales; stock, 0.343 bales.
Boston--Steady; middling. 9-16c; re-
ceipts, 1857 bales
Philadelphia-Flrm middling, SIC; re-
A hall
Memphis-Firm; middling, SIC; sales, 5000
bales; receipts, 545S bales; stock, 81, 413
bales.
Augusta-Very firm; middling, 7-16c;
sales, 995 bales; receipts, 1,6S6 bales; stock,
corrected, 1872 bales.