The times. [volume] (Richmond, Va.) 1890-1903, 1899-01-11
THE TINES: RICHMOND VA WEDNESDAY JANUARY IL. 1899

will reach n still higher level before any
reaction takes place. Sentiment to-day
was unquestonably hullish from the start
so far az the rank and file I'm outside
speculative circles was concerned. while
professional longs showed the utmost In
difference. After opening az about last
nights figures prices went of several
points under prOfit-taking by southern
holders. and a number Of the less reliant
investors. following the Liverpool future
markets failure 10 respond, as was eN-
pectcd 10 our hrmness. Shorts subso-
quoutly became nervous, late advices from
abroad indicating marked change for
the better all around, while influence from
tho cotton belt averaged up decidedly In
favor Of the staple. Northern spinucrs
were said 10 be buying heavily. despite
the higher prices demanded. with foreign
spinncrs' representatives, unanle u" 'oiH-
pete with them. Al nearly an poiu.s WV
cron movement was seen 90 be NaFeriuE,
which led To reduced estimates ior the
seasons output from number on quar-
,ors notably Texas. Bad roads were
sadly Interfering with marketing lnivub
ont tho central and eastern poI .lohs ~
the belt and recently. picked 0ot ,..'iIt,, I'm
said 10 be of very Inferior quail,y ~
MANY Instances. in fact almost uihlat-
kotahle The principal feature OF ne
English news was sales OF lVNn, u"i,
snof cotton at am advance OF l-o-' VIZ
the market firm AZ the close o"i '''i
kct finished steady IN tone.
COTTON-Futures opened steady. Jan
uarv. GGq. February. Jtb. MdI,h' 3D., d
April. 5.74: May. 80. june 9.e5, Iu.5
SIS: August. j.S1: September '.o'' '~''
Der. o. 81. November. % -.
Futures closed steady. January. 30,
February. J74: March. 30. April. DC
Nav. =. -. June. 80. July. jSi. August
SIS. September. 5.S5. October 3.So' NO.
vember 5SS. December. J.Sh
Spot cotton closed firm 40 msng,
middling upiands. lilo; middlhB su''
DIG.
COTTON-stoady: middiing. 6 1-i6. net
eceipts 600 bales gross. 1895 bales,
ealas. 600 bales. stock. 1fOGS5 bales. cN-
ports to Great Britain. l4.lj9 bales. 10
tho Continent 102 bales
Total tO-day-Nct receipts. 81. sol bales;
exports TO Great Britain. COB bales. 10
France. GOO bales. to the Continent. 12l3
bales. stock. 1.227. SIC bales.
COusOlidatcd-Nct receipts. lOtNNl bales,
exports 90 Great Britain 1852 bales; 10
France. $40 bales; 10 the Continent D-
S0e bales.
Total since September 1st-Net receipts,
GO3034o bales. exports TO Great Britain.
2.414$79 bales. To- France 10000 bales,
20 the Continent. 1922 $40 bales.
LIVERPOOL Jan. COTTON Spot
I'm fair demand. prices lid higher,
American middlinc 11-lG. good mid
ding. % il-32. middline. g J-.'2. low mid
ding. . 800. good ordinary. j-32. ordi-
nary - 1872 Tho sales Of the day were
10000 bales. of which 1000 were Tor spec
ulation and export. and included 900
American Receipts. 5000 bales, includ-
ing 1880 American.
Futures opened steady. with modor-
ate demand. and closed quiet but steady;
American middllug. J. IN. c.. January.
6-G4. buyers: January and February.
o G-64. buyers. February and March
3 T-6f. buyers: March and April, S-GfU
3 9-Gf sellers: April and May. 9-Gfq
1864. sellers. May and June. 10-Gf0
11-Gi, sellers: June and July. g 1861
1884. sellers. July and August 12-Gf0
3 1864 sellers. August and September.
13-6403 1864. sellers: September and
October. 1864. buyers. October and NO
vember 9 13-G4d3 14-Gf. sellers Novem-
Der and December, 13-G403 1864. value.