The times. [volume] (Richmond, Va.) 1890-1903, 1899-11-15
COTTON MARKETS.

NEW YORK, Nov. 14-COTTON-The
cotton market made considerable bull pro-
gress to-day on general buying, winch
was based on a change IN the character
of news on the acreage. The opening WIS
/ 10 ) points lower and within the hrst
few minutes lost an additional point or
more under spasmOdic selling by the Tor
efgn element and much weaker cables
from the English market than had Deen
calculated upon as fair response 10 our
decline Of yesterday. IL soon became very
evident that liquidation here had run It's
course. and the bulls aegTessivey attack
ed the position Of shorts. Prominent W all
street commission houses soon came 10
the assistance Of the longs, ana before
the first hour had elapsed sentiment IN an
directions showed pronounced bulii7n
leaning. Liverpool and the South, as wen
as New York. exporters were active buy
ers on the upward turn. Inc maIhet
showed great recuperatiVe power ana not
only was the early loss wiped out. but
net rise of II 70 10 points was established.
Speculation reached large proportions.
Shortly after midday IL was rumored thaI
the Government had reduced lls crop
estimate TO g,O00.Opo bales. toloNliS
close upOn this report came official esll-
mates for comparatively light receipts to-
morrow. The market responded by al
vancing TO the top notch for the session
and showed considerable strength rom
then TO the close. The IiVerpOol market
net loss Late I'm the day the cotton EN-
change telegraphed 60 Washington Tor
information as 10 reliability OF the rumor
i'm circulation regarding the Government
crop estimates A lens>hy reply was re-
ceived I'm which the official siatican estl-
mated the total yield at not over 9.poVD
bales The market closed very STEADY
with prices net 10 20 - points up on pre-
ent crop and q points mp on near crop
months.
COTTON-Futures opened steady at me
February, IA; March. 10. April, 80
May 40: June and July -; August
ri. September and october, GSi.
Spot closed quiet: middlng uplands'
~: middlng gulf, ~ sales, 90 bales.
Futures closed very steady, No6eHlDSiI'
723. December. 7.2l: January, 20; Feb
ruary. 7.3i; March, 734. April t@1' aiay
and June. 7.39: July. 49, August, 49,
September, 100: october, 6.9l'
COTrON-Quiet; middling. ~: net re-
ceipts. go bales. gross go bales SAFES
J67 bales. stock 1O3.4SO bales; exports 10
Great Britain, 81 bales: 10 FRANCE 90
Tote Total to-day-Net receipts, 40Ois bales
eyports 10 Great Britain. 300 bales, 70
France. 1856: to the Continent I01U
bales: stock 0lO,3S7 bales. -.
consolidated hN'+ A'~D+i.-f -.
bales; exports to Great Britain, 1913
bales 10 France. 1855 bales, 10 the con-
tinent. 81 OGO bales. .
Total since September 1st-Net receipts,
. G2. 89f bales: exports 70 Great Britain,
Ga sos bales; TO France, 2i4,1l9 paies' 70
the Continent, 6J2,3O6 bales.
NEW ORLTANS. NOV. 14.-COTTON-
Futures steady: November. 100 bid. De
cember. 7Oga7Ol1; January 1.Ny4 10;
February. 711G713: March 1.lo0ll4;
April. 714G716; May 7.1G011S, june,
71TG7 10. July. .190721; August, 1Ol4
700: September. 63gG.7Ii October 6.V4g
G.6S.
LIVERPOOL. Nov. ii p. Moot
TON-Spot I'm fair demand; prices l-lUd.
lower: American middling fair. 1882;
good middling, 4 3-16; middling. 4 1-32;
low midding. 3 27-32; good ordinary
32l-32. ordinary, 3 1882. The sales of the
dav were 10000 bales. Of which 1000 were
for speculation and export and included
q 200 American Receipts, 100 bales m
Guiding IL 200 American
Futures opened easy and closed hrmi
American middling. J. IN. C., November
. G1-6fd3 62-6f. sellers: November ana
December. 3 cO-64d3 61-Gf. value; Decem-
her and January. 3 59-64d3 GO-O4 sellers;
January and February. 3 5s-6id3 03-6l,
sellers February and March. 3S-04, sell
ers: March and April. j1-6443 5s-6i
sellers. April and May. 3 5I-d4. buyers:
AfNav and June 3 57-6f. sellers; June and
Julv. 3 5G-Gla3 j7-Gl buyers; July ana
August. 2 5G-Gf buyers: August ana Sep
TENDER 3 54-G4. value.