Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-03-21
7.ff.s25 bales; exports to Great Britain,
3.5l .53 bales; to France. 6t6,90i bales; TO

no
3.5l .58 bales; TO France. 6t6,90i bales; to
the Continent, 2.2Si, 1853 bales.
After protracted period Of narrow local
speculation. the cotton market to-day de-
veioped activity 10 point bordering on
the sensational. After the close of Change
conservative traders estimated the total
transactions at something over 400 COO
bales, this representing the largest single
days business In many months. If not in
over years time. On light foreign buy
ing and scattered covering Of local short
accounts. prices at the opening were UNI
changed to 2 points higher, this being in
creased to a matter OF 2pi points shortly
after the call. Before the end of the first
half hour estimates for an increased crop
movement commenced to pour I'm on the
showing OF the weather bulletin. climates
over the belt being generally favorably 10
active and widespread plantation work.
Together with these influences. rumors
were In circulation 10 the effect that
southern spot markets were weakening
under an absence of buyers and urgent
offerings and that farmers were making
every effort 10 duplicate last years acre
age. The appearance Of "A few selling
orders from Wall-street houses only was
needed to start lquidating movement.
the like Of which has not been witnessed
in several years at least. Prices melted
away in a most surprising way. with the
bull crowd badly demoralized. Stop-or-
ders were reached after the first i0-point
drop. thus releasing large blocks of cot
ton held by outside investors. The bear
faction pounded the market with might
and main. having been made confident by
the successes scored during the past ten
days. At the lowest figures a sheer loss
Of is 10 Il points was In evidence. In the
late afternoon covering for profits caused
a rise equally as rapid as had been the
break. although the reaction was less ex-
tensive At the close a steady feeling pre-
vailed. with prices Q to II points net be-
low Saturdays final prices. Around me
bottom figures q number of staunch bulls
were seen TO be purchasing in n quiet
way for a marked reaction, based on the
belief that the present large receipts
would be followed by falling off, and
that the acreage to be planted will fall
90 per cent. below that of year ago.
Cotton futures opened steady; Marcn
Sc: April. sj9s: May and June. $500; July
and August. s5.Oj: September. So; October
&O1: November, s.; December, $500; Jan
uary. $500.
Spot closed quiet and &c. lower; sales
Fl Futures closed steady: March. SIS
! April. S5S2: May. $3.50; June. $.M; july
| s5e5. August. Sj.95; September. $j.M; Octo
! Der. $50; November, S.SS; December, S1.55
January. S5.95.
NEW ORLEANS, March 2O.-Cotton FL
lures steady: March S5.46$5.55: April
! S5.J5fis5.57 May S5.5Sds559; June. 500
/ 5.G2: July Sj.G2GS.63; August, s5.9siSle %
! September. 1850: October. S.56u&J5I
| November, Sj.J6QS5.57; December, 5000
S5.59.
PETERSBURG Cotton MARKET.
PETERSBURG. March 20-CSpecial)-
! Cotton-Quet at 6 1-Sc. for good lots.
LIVESTOCK MARKETS.
| BALTIMORE. March 19.-Calves-W'
quote as follows: Strictly choice veals
| per pound. 5iz0Gc.: good Yeals, per pound
5Gjhc. rough to good, per head. HaSS.
sheep and Lambs-We quote: RAJ
| lambs. good to choice 9,U5l4c. per pound
poor. rough stock, &c. per pound. Sheep
| per pound choice. gzd4c.. good, per head
| g. 50US4: inferior. per head, N.5On2; ole
bucks per head. SnA
| PHILADELPHIA, March 19.-Receipt
for the week: Beeves. 1858 head; sheep
a. 55 head: hogs. 5.45 head. Beef cattl'
in fair demand and firm; extra. J4n5ssc.
good. 5H5i4c.; medium. 43smi3sc.; common
r4mpac. Sheep active and firm; extra
! 56t5itc: good, 4hn4a4c.: medium, 4UiLc.
| i'm fair demand; values of best western
| showed weakness: best western. 5l2u9'sc.
other grades. 5n5i2c. Fat cows dull a
| 2lzd3hc Thin cows inactive at $aN5
Veal calves firm at sac. Mich cows un
! changed at 2JQ i5c. City-dressed beeYe
in good demand at 6uSSic.
CHICAGO, March 1S.-Not enough cat
tie were offered to-day to make a market
and prices were little more than nominal
| Trade In hogs was very slow, and price
81. 77i5C, s3.95; heavy packing lots. $500
So: mixed, 500 SIS; butchers, $3.50
$3.50. light. s3.550SS; pigs. Sl75qS.5
The few lots OF sheep that were offere
sold at the recent advance. Receipts
Cattle. 200 head; hogs, 1900 head; sheer
2.5G0 head.
NEW YORK. March 1s-Beeves-Re
ceipts, 22i head; no trading; feeling steady
Cables unchanged; exports, 30 cattle.
sheep. and 3,0SS quarters of beef. Calves
Receipts. ~ head firm; veals. S5Os7.7
Sheep and Lambs-Receipts. 1.5J5 head
firm: lambs, 15d2Oc. higher; sheep. A.5(
good 10 prime lambs. S6.25HS6.3i2 Hogs
Receipts. 1.6l7 head; nominally firm a
$420USi35.
| CINCINNATI. March 1s.-ITogs stead
ut s3.3O1s395. Cattle strong at $2.10nS51
Sheep strong al S2.25Q$.25. Lambs stead
at s4q$
NAVAL-STORE MARKETS.
CHARLESTON, S. c.. March 2O.-TuI
pentine-Firm at 4ic.: sales. none.
Rosin-Steady; sales. none: unchanged.
WILMINGTON. y. c., March 2O-Spirit
OF Turpentine-Steady 4iu4il2c.; r.
ce!pts. u casks
Rosin-Firm at 95c.Gs1; receipts. 2l5 bal
rels
Crude Turpentine-Quiet at sl.35as24
receipts. barrels.
Tar-Firm at 81; receipts. POI barrels.
SAVANNAH, GA, March 2O.-Spirts {
Turpentine-Firm at 4jc.; sales, III cask.
receipts. 1873 casks.
Rosin-Firm and unchanged; sales, 6
| barrels. receipts, 2,7ll barrels.