The times. [volume] (Richmond, Va.) 1890-1903, 1899-10-12

level In the market this morning, bdt sub
sequently rallied, and closed within .
points OF last nights figures. Considering
the action OF our market yesterday, the
tone to-day showed weakness vaf.ously
ascribed to weak cables. one report hau
IL that Nell's crop circular ana me war
outlook I'm the Transvaal had forced hold
ers TO unload. and induced general snort
selling abroad. Another source la'ned
leading bears on this side had sent over
large selling orders. and these. combined
with heavy pressure from the bear circles
I'm Liverpool had brought about the heaNy
decline. our market opened 10 s points
under last night and continued 10 decline
most Of the forenoon. January at one
time selling at G91 and May at T0j.
Shorts attacked the market VIGOROUSLY
and enormous amounts OF long stun were
forced overheard by the outside pubic.
and even a number OF room bulls sold
out a goodly portion of their holdings.
FIR while excitement was at fever heat.
and nobody seemed TO have the faintest
idea as 10 where the selling movement
would carry prices. Shortly after midday.
however. there was a marked change. and
prices were soon rapidly advancing. jan
uary reaching 7.o4 Supposed by official
estimates for another light receipt at the
ports tomorrow. and a hatch Of bullsh
crop and other information from the cot
further pressure. A number OF staunch
outside commission merchants sent In a
number of large buying orders with the
result that the shorts were soon scram-
bling to cover A the close the market
was steady. with prices ! point higher to
. net lower.
COTTON-Futures opened steady at the
decline: October. G.Si. November $50.
December. COS; January, 100. February,
7.Ol: March 7O6: April 10, May Il3;
June. ia: July and August 7l6.
Futures closed steady November G03.
December. %: January. 7o6. Febru-
arv. 7o7. March. 7.i2; April. 713. May.
716 June. ms; July and August III
September G.S5.
Spot cotton closed quiet: midding up
lands. ~. middling gulf, *; sales, 1850
bales.
COTTON-Quiet: middling. ~: net re-
ceipts. lG bales gross. 101i bales sales.
OSO bales: stock, 1858 bales; exports
10 Great Britain. 1,lO2 bales. to the Con-
tinent. 300 bales: TO France. l9I bales.
Total to-day-Net receipts. 3jS32 bales.
exports to Great Britain, 3.O9s bales; 10
France. 1D7 bales: TO the Continent, DAD
bales: stock, 1851 bales
Consolidated--Net receipts. 1el42l bales
exports TO Great Britain. 176s7 bales. 20
France. 1871 bales. 10 the Continent. u. 4O6
bales.
Total since September 1st-Net receipts.
/. 2Of. 416 bales: exports to Great Britain
31712G bales. 10 France. 9247G bales; to
the Continent. 2os 297 bales.
NEW ORLEANS. oct. 11.-COTToN-
Futures steady: October 6.63 bid: No
vember. GGSGG7O. December. g 1916 "a.
January. G.77G6 rs: February. GSld6 50
March. g sGGG 81: April 6.9od69l. May.
Ga3dG95. June. 6.0606.07
LIVERPOOL oct. 11.-COTTON-Spot
firm. prices Lied lower: American mid
ding. fair 1-32: good middling. AZ:
mlddling 3 29-32: low middling. 3 2:l-32'
good ordinary. 1872. ordinary 3 1l-S2.
The sales Of the day were 10000 bales.
of which OO0 were for speculation and
EXPORT. and included $500 American
Receipts. ! 600 bales no American.
Futures opened easy and closed barely
steady at the decline. American middling
I. m. g., october. 3 52-G4. buyers; October
and November. 3 51-64 buyers: Novem-
Der and December. ho-G4. sellers; De
cember and January. 1864. sellers; jan
uary and February. 3 4S-64Q3 1874. buy
ers. February and March 3 iA-6i, sellers;
March and April 3 40-6iH@ 1904 sellers.
April and MAY. jO-Gi. sellers: MayNand
June. 3 JO-Giff3 5t-G4 sellers: June and
July. 9 lO-efd3 J1-64. buyers: July and
August s1-G4. sellers: August and Sep
TENDER. 1904. sellers.