The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1899-11-16
NERVOUSNESS IN
COTTON MARKET
Fair Progress Made in an Up
ward Direction.
SHORTS EXTREMELY UNEASY
Receipts Fell Short of Amount Predict
ed Earlier During the Week
Close Was Weak at Net
Loss OF to Points

New York, November 1.-THE cotton mar
ket made fair progress in an upward direc-
ton this morning, but most of the session
there was a feeling of nervousness appa-
rent in the pit. generated by persistent cir
eulation of conflicting rumors as to the feel
ing abroad
Shorts were made extremely uneasy by
an estimate of a crop of $500, 900 bales, fol-
lowing as it did last nights estimate of g.
100000 bales by the government. An effort
to cover, together with active buying for
Wall street account, sent prices up to
points on the opensg call and gave the
market steady tone. The trading level
Immediately following the opening was to
II points above the close last night, but lat
er profit taking caused a substantial reac-
ton. Liverpool responded to our advance
of yesterday to the satisfaction of holders
here, but lost a good share of the improve
ment before our market opened under
heavy realizing and bear hammering.
Receipts, not only in the interior but at
the ports as well, fell short of the amount
predicted early in the week. Dispatches
reached an advance of 1-16h in southern
spot markets. Within the last few minutes
the market dropped rapidly under heavy re-
alizing and bear selling and closed weak at
a net loss of l to points.
New York, November 15.-Cotton quiet;
middling, 9-16; net receipts Ill; gross, 81
095; stock, 1049S5.
Total today: Net receipts, ii OPS; exports,
Great Britain, 1882; France, 1852; CONT
nent, 3S, 233; stock, 912,674.
Consolidated: Net receipts 1879; Great
Britain, "a PCS; France, 1888; continent os'-
293
Total since September l. Net receipts, T.
443,517; Great Britain, 669,6s; fraiDce' N'f'
ST.; continent, 690,559.
New Orleans Cotton Market
New Orleans. November 15.-Cotton quiet;
sales. 500 Ordinary, 11-16c; good ordi-
nary, 3-16c; low middling, t%c' niio-
ding, 7kc; good middling, 7ssc; mlooldns
fair, 11-16c. Receipts, 9,I'5; s0och' ''''-
552. 90.
consolidated statement: Net receipts, 1885,
7es. exports to Great Britain, 34,26S; to
France, II, s38; to the continent, 69,29S; STOCK
912,6H 49, =.
New Orleans. November 15.-Cotton fu-
lures steady at the decline. NOVEMBER,
G6.sS; February, 70o@7.01; March, 7.O2@7.o3;
April. 10000; May, 7.05@7.O6; June, 1850
7.oS: July. 7O7G709 August, 6.95@6.97; Sep
TENDER, 67O@6.72; October, 662Q6.64.
Daily Statement
Galveston-FYrm; middling, 5-1ec; sales
1000; receipts, 5000; stock, 22S,204
Moaale-1Nominal; middNing, 71sc; re-
ceiTsts, 094: stock, 400S6.
ENTHUSIASTICALLY; middling, 1-16c; re-
ceipts, $40; stock. 1887.
Enthusiastically; middling, 7Sc; re-
ceipts 2,OS4; stock, 29,SA
Wffaington-Quiet; middling, 7Asc; re
ceipts. z, 1893; stock, 1888.
Norfolk-Sbeady; mdddling, slice; sales,
IT'S; receipts, 1885, stock, 1890.
Baltimore Nominal; middling, 79c; re-
eeipts, l 1856; stock, 1882.
Boston-Quiet; mfddling, nc; net receipts,
LOT; gross 80, FOL
Pfliladelphia-F'irm middling, 13-16c; re-
ceipts, 1881: stock, $3.50.
enthusiastically; middling TIC; receipts,
$3.50; sales, 2,450; shipments, 1887; stock,
164, 1863.
st. Louis-FGrm: ndddling. tx; sales 30;
receipts; 9,S1S: stock Salts.
Liverpool Cotton Market
Liverpool, November 15.-Cotton spot, fair
demand, prices 1-16 higher; American mid
ding fair, 15-32d; good middling, Id;
rniddling. 4 sgd; low middling, 29-32d;
good ordinary, 3 23-32d; ordinary, 17-32d.
Inc Sd1eS u The ddy HtIt 1V,oVU JoticS, VI
which 500 were for speculation and export
and included $500 American. Receipts, 900
bales, all American. Futures opened firm
and closed barely steady at the advance.
American midding: November 401 bid; Mo-
vember-December, 4d buyer; December-Jan-
uary 1868 buyer; January-February, 1852
buyer; February March, 3.61@362 buyer;
March-April, 3.61 buyer; April May, 361 SELL
er; May-June, 3.60Q3.61 buyer; June-July.
36O63. 81; July-August, $50 seller August
September. 1858 seller.
Dry Goods
New York, November 15.-Further ad-
vances in bleached cotton today. Sellers
indifferent. Demand fair; brown cottons
strong throughout but not quotably higher.
Coarse colored cottons also strong. General
demand fair Print cloths idle; wide grey
goods strong; prints in good demand for
spring; wooden and worsted goods selling
we'll for spring, and market tending against
buyers Silks generally firm for piece
goods.
Cotton Letter
New York November 15.-Feverish condi-
lions continue. The opening of our market
being to 10 points above last night ON gen.
eral buying In spite of the disappointment
from Liverpool, which was only 1-64 up on
spots and AGA on futures. This advance
broueht out sellers to realize and a drop OF
10 points occurred, New Orleans leading in
the move. The small crop estimates of La
than. Alexander & Co. (S.7O.O00) and the
bnreau amended estimate of 900 being
the chief features in having advanced val
ues. The receipts show some little gain over
previous scale, but it is not as general or
uniform as might be looked for II there was
really much cotton being held back. Eu-
rope continues Indifferent to small crop es-
Inmates, her talsings being still considerably
behind last year. The afternoon session
showed a little more steadiness. Southern
markets steady. Spots lie higher. Birm- |
ingham spots 6B.
By Private Wire to 7. g. Hewlett, ACT
MONTH. ! ] IL