Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-01-08
rIIE CoTTON MARKETS.

IitE AOlI ON MAhNtAAD -
LIVERPOOL. January IL p. M-Cot-
tOn-Spot. good business done; prices
hardening; American midding, S-32d.
The sales CT the day were 22.VO bales
1000 bales for speculation and export
and included 1l.700 bales American; re-
ceipts, 1900 bales, including 1860 bales
American.
futures opened higher; closed steady,
with a fair demand; American middling,
low-middling clause. January. 3-6id.,
buyers; January and February, . 3-6id.,
buyers; February and March, 4-G4Q
Sid. buyers; March ana April 5-6ia
36-6id.. buyers; April and May, G-6ll0
7-6fd. buyers, May and June, Slid,
sellers: June and July. sid, sellers;
Julv and August, 9-6ld.. sellers; August
and September lV-0fa5 ll-oiu;' seiielsi
September and October ll-eid., sellers;
October and November, Ltd. buyers;
November and December, 1l-6IG3 12-Gid.,
buyers
NEW YORK. January THE cotton
market opened steady with prices | to
points higher, this being an lndiitereiht
response to firm Liverpool cables, bullish
weather reports from pretty much the
entire cotton belt, and small movement
at the ports and interior towns. Proht
taking by less confident longs selling
pressure from the stronger bears, and
liquidation Of weak southern holdings
were largely responsible for the failure
Of the early market 10 advance, as had
been expected. Subsequent developments,
however were decidedly better. prices
moving up several points on foreign sup
port and the appearance OF investment
orders, the latter being chiefly from wall
street houses. For a Saturday half-holi-
dav speculation was active and quite gen
eral.
3umors that spot cotton was being held
az materially higher prices in the South
with demand urgent caused considerable
nervousness In the bear ranks, with the
result that not few shorts sought cover.
The late market was bullishly In
hueuced by small estimates for Mon
days interior receipts and reports that
great damage had been done by the re-
cent heavy rains in many portions OF the
belt. At the close the market was steady
nt 2 TO points higher; spot steady, with
prices l.lGc. higher, TO basis Of 5-lGc. for
middllng uplands and G 3-l6c. for middling
Gulf. No sales.
Outward shipments were said 10 include
40 bales Peruvian cotton. Estimated re-
celpts at the ports for the day. D,W0
bales, against 6l.7S bales last week anu
10 1893 bales last year. For the week, %
300 bales. against 2s5 500 bales last week,
and 9G6 900 bales last year. TO-day's re-
ceipts at Memphis. 100 bales ESTIMATED,
against 1886 bales last year, ana at
Houston. 4.226 bales. against S632 bales
last year.
Cotton steady at 8 15-lec; net receipts,
,23 bales: gross receipts. 6i5 bales; stock,
1890 bales.
Total to-day: Net receipts. 1911 bales;
ovports--to Great Britain. 12OT bales; 70
the Continent. 1i.474 bales; stock, l2Ol ,5S7
bales.
consolidated: Net receipts. 26.777 bales
exports-to Great Britain, 1909 bales; TO
he Continent. H47i bales.
Totals since September 1st: Net re-
ceipts. eO522i5 bales; exports-to Great
Britain. 2279 "a bales; to Fr rs6 1913
bales: TO the Continent 1.osi5O bales.
Cotton futures opened steady; January
e. 60. February. S5Gl; March, 1888; April.
,565: Nav sos: June. SIl July. S5.l3;
August S5T September, S.75 offered; Oc-
tober. 1916 November. $3.50 bidi Deem
Der. S.79.
Futures closed steady; January. sj.G2;
FEBRUARY. $500: March. 1858; April. 1896
Nav a. 70. June. S57S: July S.76: August.
$50: September. $5.7i; october, 500; NO
vember. 575; December. ST
Spot C0tton-Market closed steadf,
With prices Lice higher on the basis Of
5-16c. for middlng uplands and 63-i6c
for rniddling Gulf. Sales were 40 bales.
previously shipped out. but not before re-
NEW ORLEANS. January lection
,rtnres steady: January. s5lSds5.19: Feb
ruarv S2lG'5.22: March. S.25N$5.25; April
a oqliS5N. NAV. S5.35G$5.2s; June. $500
* Al. Julv. s5tds5.4G. August, 3546fl5.f.
september. s5.4Od$5.i2 October. Si2D
| s5.i3. -
NAVAIrSTORE MARKETS.
CHARLESTON. s. c.. January L-Tur-
nentine-Market firm az AZ i-2c; sales,
none. ,o,. o.io-
none. c,,.
SAVANNAH. GA, January 7-spirlts
| ~ TurpentIne-Firm at ~ he; salesS Sll
| casks: receipts. 400 casks
Rosin-Firm: sales. 1,ios barrels re-
| ceipts 2a22 barrels. Quote; A., Is. =. -
| ~ and r 81: G. s1O5: H. $50: |. N.b; H.