The age-herald., 1899-03-05
COTTON MARKET 3 OPENED STEADY
 
And This Tone Prevailed Thrdllg-
 out The Day. ]
ADVICES FROM LIVERPOOL
Indicate that Neilwil Shortly Issue An other Statement Placing the Total Crop Far Below His Origi-
 nal Estimate.

New York, March 1.-The cotton market opened steady with prices 1 to points higher and showed decided strength during the early part of the session on quite gem eral buying, started by much more fa- vorable set of advices from the Liverpool market than had been expected
 Private cables attributed the better feel ing abroad to persistent rumors that Neil was shortly to issue circular in which he would put out a crop estimate several hun dred thousand bales less than the one originally issued. On these stories shorts in the Liverpool market took fright and sought cover, giving special attention to the settling up of obligations in the near months.
 In addition to this information the local market was supported by light receipts at ports and interior towns, of the reports of unsettled weather in the Mississippi valley, further discouraging reports regarding the progress of farm work, and more gratifying advices from Fall River than have yet been received this season. Shorts were more or less nervous for a time and purchased the May and August deliveries with a free hand. Southern and foreign representa- tives were also said to be buying these de- hveries. Commission housese were poorly supplied with orders, but the few reaching the market went almost without exception to the long side.
 The late market for futures was firm, with the close steady to 3 points net hisher Estimated receipts at the ports for the day 16,O00 bales against 1S,017 last week and l2SSS last year. For the week 5000 bales against 96,6S1 last year and 143, 522 last year. s4l Cotton, quiet; midding, 6 9-16; net res eeipts, 45S; gross, &9 sales, 10S; stock, Alls- Total today Net receipts, 1e.S4S; exp5f4 to Great Britain. 12,222; to the continehg Il. .Sl1; stock, 751,62S. SIS Consolidated: Net receipts. 16,S4S; export to Great Britain, 12,222; continent, Il. HI z Total since September 1: Net receipts i209. .42l; exports to Great Br tain. 3.O0hht3s S95 &tE
 New Orleans Cotton Market #fM New Orleans, March 4.-Cotton steady; sales, 2,2OO; ordinary, 7-16; good ordinafys 5; low middling, 53s; midding, 6; good mid. ding, 6as; middling fair, l1s; receipts, S2.sut stock, 350,523. Ni@ Consolidated: Receipts. net 16,SlS; 5dxs ports to Great Britain, 12,222; cont nent, New Orleans, March 4.-Cotton futares steady; March, 5.91Q593; April, 59l@sSS May, 5.95Qt5.96; June, 5.s7 bid; July 29ga6gF
 
 tober 5.S4a5.S5; November 4.S4q4S6; t@eF cember. 4644SS.
 .-fttH-stf8 -sf{'-< ~&
 Daily Statrm-r' Galveston-Quiet and steady; middfing, GAG; sales S6 bales; receipts, 3,O99 stock, 100 601.
 Moble-Dull; middling, 5Bc; receipts, 122 bales stock, ,137. Savannah-Quiet and steady; middling, 13-1Gc; sales, 165 bales receipts, 727; stock, 45,S11. Charleston-Firm; midding, 57sc; re- ceipts, 259 bales; stock, 1S917.
 Wilmington-Firm; mddlinS, G. receipts, 137 bales stock, 10711. Norfolk-Firm; midding, 61sc; sales, 29 bales receipts. 45S stock, 52546.
 Baltimore-Nominal middling, 6lac; re- ceipts 46O bales; stock, 2O,977.
 Boston-Dull; middling, 6 9-16c; receipts, net. S63; gross, 959. Phifadelphia--Quiet; middling, 13-16c; re- ceipts 145S bales; stock, SIPS. phis-Steady middling. SIS; sales. l. 600: receipts, 2,451; stock, 79,521.
 Augusta-Quiet and steady; middllng 6ss; sales, 655 receipts i23; stock, 3o,2S5. .z-:.-
 Cotton Letter
 By Leased Wire to T. G. Hewlett, Agent Birmingham, March 4-Cotton advices from Liverpool were much better than. ex- pected and the advance was due to better Manchester advices and rumors of reduced crop estimates by Neil next week.
 This market ruled firm on shorts covering and some fresh buying.
 Southern longs were prominent sellers.