The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1898-11-30

New York, November 29.-The Evening
Posts London financial cablegram says:
Stocks were generally good here today
with a slight revival of activity in all the
speculative market. Speculative interest in
Americans undoubtedly grows, but opinions
In the best quarters here as regards a con-
tinuance of a rise are much divided Those
inclined to be pessimistic have an eye to
the meeting of congress next month. The
feature of today in Americans was the
sharp rise in Central Pacific, which was
brought down here and from Germany.
Prices of Americans closed under the best.
New York has been bidding for gold in
the open market, but 1t was outbid by Ger
MANY at IT'S 1115d, and large amount Of
German coin was taken from the Bank of
England. New York exchange is watched
closely, although leading American houses
here say that New York is not likely to
take much gold at present.
Coffee.
New York, November 29.-Coffee: Options
opened steady and unchanged to points;
ruled fairly active, slight further changes,
but UNDERGONE generally firm on light re-
ceipts; higher Rios and Santos and fairly
satisfactory European cables; closed firm,
s to 10 points net higher. Sales, 4,2oO bags,
including December $5.45; March, $575@o.So;
May, S. S5@5. 95; June, $5.95. Spot Rio steady;
No. invoice, IA No. jobbing, Ga mild,
steady; Cordova, S415.. Sales, so bags Mex
lean; 100 bags Savanilla; 100 bags Central
American Fair trade In Brazilian vari-
cites on private terms.
New York Cotton Market.
New York, November 29.-Actvity in cot
ton futures continued, but with somewhat
abated energy. Liquidation was something
of a feature in this country and abroad.
The English market, while showing we'll
sustained activity in spot cotton, closed
h0 olxrG CT dx of nj
on the future list. The opening Liverpool
advices were weak and our market took
its place in the line with a decline of 800
points at the opening. The southern mar
kets also showed weakness at the outside
Realizing was prominent feature in the
local market, and a further decline of S44
points followed the loss developed on the
opening market At times the market
showed considerable resistance and leyt-
IDENTIFY derived support from three Glasses.
of buyers-conservative shorts, Investment
buyers and speeulators-operating for Ia
short upward turn. EF
The early demand included a large num-
Der of southern orders while the relation Of
foreigners was, for the most part, that, Gf
sellers. The crop situation was by no
means satisfactory to the bear contingent
which also found food for reflection in
English cables reporting Improvement in
the market for goods and yarns Advices
from Fall River and other spinning dis
tricts in this country were to an extent
encouraging and while the market here
showed an average loss, a tolerable firm
undertone was apparent On all weak in
tervals the market was caught up by
steady buying by commission houses. A
feature of the local market was the broad
ening activity of outside speculative inter-
ests., In the afternoon trade dropped a
littles but taking the day as whole the
market showed considerable stability and
sustained speculative interest. Closed
steady and quiet at net loss of 8 to s
points.
Cotton, dull middling, 5ssc; net receipts,