The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1898-04-15


are still quoted at two cents.
Financial
| New York, April H.-The Evening Posts
London financial cablegram says:
| The stock markets here opened fiat to-
, day on the war news from the United
| States Spanish tours at one time fell to
| 411s.
Americans were heavy at the opening,
! but New York absorbed stocks freely
| through the arbitrage dealers and sent or
| ders direct as well. Consequently prices
closed above the worst. After hours in
| the streets there was a sharp recovery in
| better Even If war ultimately results
| many here believe that the date of the
| declaration is some way off.
| All foreign stocks were fiat on heavy
1 selling from Paris.
The Bank of England has raised the buy
ing price Of French coin and small
amount was bought today.
Details of the gold movement for the
week show the exports of $4,000 pounds to
| New York and of 1000 0pounds to Montreal
| and the receipts of 100000 pounds from
| Egypt of 5000 pounds from Portugal and
| of II 0G0 pounds from Australia.
The London money market stands very
| firm at 37s per cent, and forward business
| in American bills Is done at per cent.
New York Cotton Market.
New York, April 14.-Cotton steady; mid
ding, S-16. Net receipts, none; gross, 40;
exports to the continent, 342; sales l,133;
| spinners, 80; stock, 1S3,S7S
Total today: Net receipts, S347; exports
to Great Britain 1,S4S; France, $3.50; CONT
4 nent, Al ,931.
Total since September 1: Net receipts,
| S,035, III; exports to Great Britain 2,O13076;
France, 1889; continent, 6O5,27o.
New York, April 14.--The decline of yes
| terday in cotton was recovered In the call
| this morning, with the market exhibiting
| healthy undertone. There was slight
| reaction Immediately after the opening OF
the stock market Later in the afternoon
the market again steadied on scattering
buying orders The close was quiet at
net gain of points
New Orleans Cotton Market
New Orleans April 14.-Cotton futures
| quiet; sales 1890 bales. April $3.50 bid;
| May, 5.50Q561; June 5.62d5.64; July, $3.50
SOS; August, 567@5.6S; September, b.7oq6n;
| October, 57OQ5n; November, 6.71Q5.72; De-
cember, 573Q5A; January, 5.75@5.H. s.
Daily Statement
New Orleans, April 14.-Cotton steady;
quotations revised; sales, $500. Ordinary
AZ; good ordinary, AS; low middling, 5A;
middling, SIS; good middling, 6; middling
fair, 6ss nominal; receipts, 3,156; STOCKS
| 2S3, $50.
Consolidated statement, Receipts, net,
| eO,672; exports to Great Britain, 61,34S;
| France, 1856; Continent Al ,93l; stock, fl9,-
594. ~
Galveston-Quiet; mddling, 59s; sales,
7S0; receipts, 1,146; stock, g., 1863.
Mobile-Quiet middling, 511-16; sales, 300;
receipts, 176; stock, 81, 719.
Sayannah-Quet; middling, 1915; sales,
| 2S; receipts, 1858; stock, 1904
l. Observation-Disclosures; middling, 59s; re-
cepts, SOS; stock, 1920.
| Wilmington-F1rm; middllng, Ills; re-
ceipts, 157; stock, 1904.
| Norfolk-Steady; middling, SIS; sales, 255;
receipts, 1O7O; stock, 41,S49.
Baltimore-Nominal, 6; receipts, 62f;
| stock, 2S ,219.
Boston-Quiet; middling, 3-16; receipts
A; stock, II, 694.
Memphis-Steady; middling, b7s sales, l.
300; receipts $40; stock, 7S,O76.
| Enthusiastically; middling, l5-l6; sales
10; receipts, $50; stock, 37,SO6.
Chicago 'Change
Chicago, April 14-May wheat closed to-
day at $1.11h, the highest point for that
delivery reached during the long Letter
campaign. War news and enormous sales
| of cash wheat caused a sharp advance In
July also, but this was lost under heavy
realizing, and July closed unchanged. me
market was a spasmodio one.
Corn left off 1s@A advance. Oats closed
unchanged. Provisions show declines OF
,5@121A.
Articles Opening Highest Lowest Closing