The times. [volume] (Richmond, Va.) 1890-1903, 1899-03-21

ton work. Together with these inilu-
ences, rumors were in circulation 10 w
enect that southern spot markets Wele
weakening under an absence OF ouytla
and urgent offerings. and that tarinets
were making every effort TO duplicate
last years acreage. The appearance OF
few selling orders from Wall-street
houses only was needed 10 start nQul-
dating movement. the like of which has
not been witnessed in several years, az
least. Prices melted away in a most sur
prlslng way. with the bull crowd padIy
demoralZed. Stop-loss orders were
reached after the first 1O-point drop. thus
releasing large blocks Of cotton held by
outside investors. The bears faction
pounded the market with might and main,
having been made confident by the sue
cesses scored during the past ten days.
At the lowest figures sheer loss OF Is 10
II 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 eN-
tensive. At the close "a steady feeling
prevailed with prices Q to II points net
below Saturdays final prices. Around the
bottom figures a number of staunch bulls
were seen 10 be purchasing in quiet way
for a marked reaction, based on the belief
that the present large receipts would be
followed by falling OF, and that the
acreage to be planted will fan - per cent.
below that Of a year ago.
COTTON -- Futures opened steady;
March. GOO; April, 5.as; May and June
COZ: July and August. 600, september
600; october, Col; November, 600; De-
cember. COZ. January, COZ.
Futures closed steady. March, 5.S'i
April, 5S2: May. $50; June, J9l; july
5.9J; August. 5.95; September. 591; Octo-
Der. $50: November, 5.SS, December Obj;
January, 80.
COTTON-Quiot: middling 6 3-lG. net
receipts. 40 bales; gross, 4R4 bales
sales. 2J9J bales: stock. 1879 bales, eX-
ports TO the Continent. G4G bales.
Total to-day-Not receipts. l9Gls bales;
exports 10 Great Britain. l.4l2 bales. 10
the Continent. 1,Ol9 bales; stock, 1UHa0
bales.
Consolidated-Net receipts. 3594S bales;
exports TO Great Britain. SO bales 10
the Continent. 2.6Sl bales.
Total since September 1st-Net receipts.
7.414 50 bales exports 10 Great Britain.
3.O5l $50 bales: 10 France. GiG.9Oi bales;
to the Continent, Isl. 800 bales.
NEW ORLEANS. March 20-COTTON
Futures steady: March. j.j4NJ.5j. April.
5.jGaj.57 May. J.5S0J.59; June. j.GlH5.62'
July, j.620jG3; August, J.J9nJOO; sep
tember, j.J9dj.6O; october. J.J6a5.5l. NO
vember. j.JGNj7, December J.J78j.J9.
LIVERPOOL. March 2o-COTTON-
Spot dull: prices barely supported; Amer
lean middling. 33sd. The sales of the day
were 10000 bales. Of which 1000 were for
speculation and export, and included
0.7oO American. Receipts, 1000 bales, no
American.
Futures opened quiet. with n moderate
demand and closed quiet. American MID
ding. J.. m g.. March, 3 1864. buyers;
March and April. , lS-Gln3 1864, sellers
April and May. > 1S-6ia3 1861. buyers;
May and June. 3 1864, sellers June ana
July, 3 1864. buyers. July and August,
z 1g-G4a3 2O>4. sellers: August and Sep
TENDER. 1864 buyers; September and
October 3 1864. sellers October and NO
vember 1864 buyers: November and
December 3 17-G4G3 1864. buyers; De-
cember and January, 17-G4a3 1854 buy
ers: January and February 1861,
sellers.