The age-herald., 1899-02-21
COTTON SHOWED
 GREAT WEAKNESS
Liquidation Was the Order of
 the Day.
CLOSED ITO POINTS4OWER
During the Forenoon Selling For Short Accounts Was Feature Which Subsided Later During Day
 On Account of Coverings.

New York. February 2O.-Liquidatlon was the order of the day at the Cotton Ex- change, and the market, after opening at decline of 2a4 points, ruled irregular and generally weak.
 At one time 1t showed net loss of 76p10 points, but selling was arrested on indiea- tions of bullish speculation in stocks and grain, while tho general list was, for the most part, as bullish as heretofore. a hardening tendency being reported fer spot cotton at Liverpool, which offset, in measure. the net th-H decline in futures in the English markets.
 At the same time an advancing tendency was reported for print cloths, and for the southern spot markets, the latter being actuated by a good demand from Ameri- can spinners, well as from exporters. During the forenoon selling for short ac- count was feature, which subsided later in the day. when there was little dispo- sition to cover. The general undertone of the market was not steady. however, ;.s more or less realizing kept up on estimates of increased receipts tomorrow and indica- tions of better we&thsr throughout the cot ton belt.
 Another bearish influence was . repsrt to the effect that the Manchestse market for three weeks sASt had been dull and very spotty; that trade all around had fallen below production; that offers were low and that eastern inquiry had been good but at low prices. There were re- ports from Manchester indicating the pos- sibility of trouble with the operatives on account of a demand for increased wages.
 Towards the close our market reflected a conservative feolin: on the part of both longs and sorts. pending further advices from Liverpool as rehecting trade condi- tions and the threatened stock outlook in England.
 The market closed steady, to points lower.
 New York, February 2O.-Cotton: Dull; gross receipts, 4.st7 bales; stock, 1N,733; ex- ports to Great Britain, 612
 Total today: Net receipts, H.302 bales; exports to Great Britain, Il Os4 bales; to the continent, 15,919; stock, S08,510.
 Consolidated: Net receipts, 2z,5@ bales; exports to Great Britain. 12.034 bales; to c the continent, 10. BIO. ]. Total since septeber 1: Exports to Great z Britain, 2.Ss1,s4a bales; to France. 622, ,s4S; : to the continent, 2,12a9s1.
 fl j .
 rsw orlssss csssen Market
 New Orleans, Fernary 2.-Cotton, quiet; sales, 2,050; ordinary, 41hc; good ordinary. 1-16c; low middling, 5 7-16c; middling, 6c; god middling. 61sc; mlddling fair, 71sc; re- ceapts. 6,140; stock, Ss2,4S9.
 Consolidated: Receipts net, 25S4; ex- ports to Great Britain, IA, ,034; continent, a,- 010; stock, soS,510.
 -. &Y. r>.,.... u..,.-,,o-,~ on -Cottor fiji. lures steady; February, 5.Ss bid; March, 5.SS D5ss; April 5.91ds59s; May, 5.94a5.s5; June, 595@5.S6; July 59TGs5.8; August. 5.94S595; September, 5s335 Ss; October 5.S4Gs5.S5; Mo- vember, 5.s5@5s1; December, 5.S7Q5S0
 FhIiiv ssstsr.sAt
 alveston-Quiet; middng, CSC; receipts, 5152 stock, 1A,9
 Mobile-Quiet; middling, 5Bc; sales, 300; receipts, 245; stock, 2s,425.
 Savannah-Quiet;, middling, 5Bc; sales, B; receipts, 1.020; stock, 53,570
 aCharleston-Qu;et; middling. 5Ac bid; receipts. 15S; stock. 9,174.
 WHmington-Firm; middling, 6c; receipts, 179; stock. 9,69f
 Norfolk-Steady; rniddling 61sc; sales. 122; receipts, S56; stock. &, ,457.
 BaItimore-Nominal; mlddling. 6sse; re- ceipts, 1250; stock, H.56S.
 Besten-Quiet: middling. SAC; stock. 212o. Phiiadeiphia-}u1et, midulins' s-iocr Ie- ceipts, 65; stock. n,414.
 Memphis-Firm; middling. 61sc; sales, sae; receipts, 3,3SS stock. H,77.
 Augusta--Quiet and steady: middling, 6Ac; sales, PA; receipts, 157; stock, S6. .6S7-
 Cotton Letter By Leased Wire to T. G. Hewlett. Agent.
 Birmingham, February 20-Liverpool ca bles were lower than expected and that market was influenced by the reported de- mands of the operatives of the North Lam cashire district for the promised increase in wages Our market gradually eased off about points on the liquidating sales by the southern longs. Europe is reported as selling the new crop on basis of cents for August. We arc of opinion that the the supply of cotton is practically ex-