The age-herald., 1899-03-14
COTTON WAS WEAK 2
 THROUGH THE DAY Weather Bulletins of Rain Did Not Prevent Selling. CLOSE QUIET AND STEADY Some of the Leading Bear Traders Sought to Undermine Some of
 the Long Contracts Held
 in New York.
CLOSE QUIET AND STEADY

New York, March 13.-The weather bull letin showed more or less general rains in
 the central part of the cotton belt. But selling orders were at hand in goodly num- bers, and the market opened with prices
 unchanged to 2 points.
 Immediately after the call the market began to weaken under selling pressure, which became more energetic under the
 discovery that outside support was being
 withdrawn. Bids declined points on the
 more active positions.
 Before noon, however, there was slight
 rally on better later cables, after which
 both classes of traders operated with cau-
 tion. During the forenoon the market re-
 ceived some support by buying orders from
 the south and Europe, while commission
 houses disposed of May and August con- tracts and replaced them with october and
 other new crop positions. The local con- tngent either sold with hesitation or bought the near months on the idea that
 the liquidation of Saturday had cleared the situation and made some reaction prob-
 able.
 Some of the leading bear traders made an effort to undermine certain long cotton
 held here; but without success, and some withdrew, leaving the market to drift. The close was quiet and steady, with prices to points net lower. Cotton, easy; middling, 67s; net receipts. 241; gross, 4,59S; sales, 5,334; stock, 1896; exports to Great Britain 372; to the Con- tinent, 2,910; France, 1855.
 Total today: Net receipts, 9,1I2; exports to Great Britain, 1646; to France, 1855; Con- tinent, 7,217; stock, 748,906. Consolidated: Net receipts, 21,46i; ex- ports to Great Britain, 5,S52; to France, loo; to the Continent, 9,917
 Total since September 1: Net receipts, r. SO1 ,663; exports to Great Britain. 3O37 ,544; to
 France, 636,59S; to the Continent, 2,156,SO7. New Orleans Cotton Market New Orleans, March 13.-Cotton, quiet and steady; sales, 3,450; ordinary, 43-16; good ordinary, 4A; low middling, 5S-16;
 middling, 5A; good middling, 6h middling, fair, [; receipts, 4,077; stock 3602O7. Consolidated: Receipts, net, 21.464 ex-
 ports to Great Britain, 5S52; France, lSo,- Continent 9,917; stock, 74S,9O6. Cotton futures steady. March, 5.7S45.SO;
 April, 5.7Sd5 79; May, 5.S1@5S2; June, 5.S5@ 5S6; July, 5.S5@5S6; August, 5.Slq5S2; Sep tember. 5 5766D577; October, 5.74@5.75; Novem-
 Der, 5.75@576; December, 5.75d5.76. Daily Statement t1.i GalVeStOn-Gu1et; m1udllnS, D o-ioS' S"iS' 299; receipts, 1148; stock, 92,So6 Mobile-Dull midding, 6e; sales 20o; re- ceipts, 1,075; stock, 21,107
 savannah-Quiet; middling, 15-16c; re- ceipts 957; stock, 34 ,102.
 ceipts 3S3; stock, 19,275. Wilmingtcn-Quiet; middllng, 6c; recelpts' 65; stock, Il ,245 Norfolk-Quiet; mddling, 1-16c; sales, 6S3; receipts, 592; stock, 4S,744. Baltimore-Nominal; middling, 6l2c; re- ceipts, 1,O19; stock, 2l,104
 Boston-Dull; middling, 7-l6c; receipts, net, 271; gross, 2,55S. | Phladelphia-Quiet; middling, 69sc;> re- | ceipts, 415; stock 1889.
 Memphs-Steady; middling. 6c; sales, | 800; receipts, 7,601 stock, actual, A,467. Augusta-Steady; middling, 61Sc; sales. | 113; receipts, 1926; stock, 37,S49 Cotton Letter | By Leased Wire to T. G. Hewlett, Agent. 1 Birmingh gham, March 13.-Cotton opened | unchanged. Liverpool adyices were consid- | cred firm but decline here set in quickly | on foreign selling and also on stop orders | to liquidate weak holdings The bullish sen- l timent is less confident of late owing to the