The age-herald., 1899-09-26

tilu lHe DullS duIllHlSlGIGu d uIupDlHS lOHS to be remembered. On the first call prices shot up Il to r points and improved fur ther in the first hour. There was buying from all quarters, although notably from the short side.
 Speculation as a whole exceeded any sin gle days business in months.
 Excl ement at Fever Heat
 New York September 25.-Excitement was at fever heat when the market for cotton futures opened this morning and during the early hours trading was very heavy. Shorts were panic stricken and eagerly snapped up offerings in the nearby possessions on the call. Trades made simultaneously in different parts of the ring, reported a difference of to points for the same option at times.
 The main cause for the excitement was a sudden advance of 712 points in futures at Liverpool and rumors that the Euro pean cotton trade. bearish by nature, was thoroughly demoralized by the recent ac- tion of our market as well the contin- ued unfavorable news concerning the crop. Officially our market opened steady at an advance of Il to 1T points. This rise also soon increased to a matter of IS to 19 points, or to a level of 46 to B points over the fig ures current a week ago Saturday. Shortly after the call, profit-taking on large scale, in connection with short selling by conservative traders on the theory that the advance had been ove-done, caused sharp break, but the market again rallied on small avalanche of good buying or ders from the south and abroad.
 prominent Wall street commission house was credited with selling 5000 bales of January and March on the slump, but later figured as one of the leading buyers.
 The general undercurrent of sentiment was strongly favorable to still higher prices and every weak spot started buying afresh for the long account. The news from the cotton belt took on even more pessimis- tic view today than at any time thus far this season. The crop was said to be short in nearly every section of the belt and spot dealers were experiencing no difficulty in securing advanced prices for desirable grades New England spinners and south- ern mill owners were reported to be com peting with eXpoters Receipts from inter for towns continued to lag behind that Of wear ago. The market closed very steady at net advance of Il to fl points.
 New York. September 25.-Cotton quiet; gniddling. SAC: net receipts, 2oi; gross l. 382. sales 1.164 stock, 154.19O exports to Great Britain 6G91; to the continent, 9OO. Total today: Net receipts, 545I2; exports to Great Britain. 6631; to the continent, A'- AZ; stock. 5SSS22.
 Consolidated: Net receipts, 90,SS6; exports 10 OIGdl Dl iteiAhi A"'-'-' NO NN 33 632.
 Total since September 1: Net receipts, 573 O92: exports to Great Britain. 1i2.42'; to France 3s, TOT; to the continent, 155,2io.
 New Orleans Cotton Market
 New Orleans September 25-Cotton firm; sales. 6.45O. Ordinary, 4 9-16c; good ordl- nary, 1-16c; low middlng. 5&c; middlins, 6ssc: good middling, 65sc; middling fair, 7c; receipts, IA 229; stock, TT 546
 Consolidated statement Net receipts, 9O,- 3s6: exports to Great Britain, 15,203; to the continent S.632; stock, 5S3,S22.
 New Orleans. September 25.-Cotton fu- lures steady; September, 6.25 bid; October, 6 91G6 22: November, 6256626; December, (. e.29G6. 30; January. 6.34d6.95; February. 6Ss 06.Ss; March, 6.42@64S; April, 6.45d6.46; May, 6,4S@6.49; January, 6.5la6o5
 s,afIs Stnteupp
 Galveston-Steady; midding. 6ssc; sales, ITS; receipts. 15,9l9; stock. 79,S0O.
 Mobile-Nominal; middling Gc; sales, 5Oo; receipts. 1892 stock, 16,062.
 Savannah-Firm middllng. Csc sales, i,35S receipts, 10257; stock, &9i4.
 Charleston-Firm; middlins 5-l6c; sales, 1GO; receipts, 3.974; stock 1S,47S
 Wimington-Firm; middlng GAG; re- ceipts, 5,922: stock, 18,5SS.
 Norfolk-Steady; mddling, 61sc; sales, 1li; receipts, 2,S45; stock, 22,664.
 Baltimore-Nominal; middling 6sic; re- ceipts. 800; stock, 5.o98
 Boston-Quiet; mddling, 6Bc; net ceipts, 344; gross, 3,720.
 Philadelphia-Firm; midding 7c; stock, 6105.
 st. Louis-LFirm; middling, 7-16c re- ceipts, 2,059; stock, 6S,416.
 Memphis-Firm; middling. 61Ac; receipts TOTS; sales, 4,S00; shipments, 3,S79 stock, stock, 59,707.