The times. [volume] (Richmond, Va.) 1890-1903, 1900-07-19
COTTON MARKETS.

Farmers stock-Fancy. 25s@2Ac.; strictly
prime 21sc.: prime, 2Ac.; common, 1.G2c.
pound. Spanish. Jos bushei.
COTTON MARKETS.
NEW YORK. July 1S.-COTToN-It was
day OF great anxiety for shorts on the
cotton Exchange. and while the general
course OF events favored the bull! faction,
there We're several periods when they,
too, We're much at sea as to just what
way to turn. glance at the Liverpool
cable board this morning showed that
the English market had scored one OF
the most remarkable upturns in many
months, II not years. Futures abroad
were to 1ll3 points higher on the active
months, and at the time of our opening
were soaring at a nerVe-trylug rate al the
best figures showing u rice OF Il4 to Is
points. hasty comparison of informa-
ton from Liverpool showed that shorts
abroad had been thrown into Il panic by
the circular of Neils. said to claim that
the crop had been irreparably damaged
and that fields We're being deserted Large
foreign buying orders helped to increase
Immediately after the market opened
there was wild scramble TO protect
snort accounts and to buy cotton for in
VeStment, the latter being limited almost
exclusively to European interests. First
sales showed an advance of - to Il
points. a brief halt for a better view
OF the situation was followed by renewed
efforts OF the bears to reach safe ground.
BY leans,and bounds prices jumped up
ward ultU August had reached $40 and
January s.3l. Then came partial re-
lapse under heavy protit-taking and mod
crate selling on the reaction belief But
soon after midday stop-Ioss orders began
TO pour in from outside markets. and
prices again took the upward course at
d prlsh pace Ihls squirt OF buying car
ried August to 9-o2, but failed to mate
rally advance the crop options
which were influenced by exceptionally
ilne crop reports and an ideal weather
N Ill
accounts became popular. under which
prices crumbled away. During the last
hour the movement OF prices was fitfuI
though in the main toward a lower level,
shorts having pretty well thinned out
unprotected accounts, while longs who
had held out for still higher prices be
came fearful of q bear turn under the
encouraging tenor of advices from the
cotton belt The market at the close was
steady, with prices net 16 TO So points
higher.
CoTTON-Futures opened firm; August,
$40; September, $40; October $40; No
vember, S.24; December, S.24; January.
S.23; February. So; March, SGT; April,
SIS; May, SIG.
Futures closed steady: July, $50; Au-
November. SIS: December S.24; January,
ST.; February, Sc; March, S.29; April
S.3l; May, S.3i.
Spot cotton closed quiet at ;}-IG advance;
middling uplaads, 10; 90. gulf, 1o1; sales,
200 bales.
COTTON Quiet; middlins. 10; net re-
ceipts, 81 bales: gross, ,2J9 bales; sales
20 bales; stock, :jy.9U2 bales.
Total to-day-Net receipts 1922 bales
exports to Great Britain, 7,G&5 bales; to
the Continent S,2lO bales; stock. 15s,l2l
bales.
Consolidated-Net receipts, 3l.52S bales;
exports TO Great Britain, 200lG bales; to
the Continent, l3,239 bales.
:. Total 10, tai since September lst---Net receipts
> :s52 DDS bales; to France, 693, ops bales
to the Continent, 2,GG4,10 bales.
NEW ORLEANS July I8.-CoTTON-
Firm ard steady; July, l0.17 bid: August
ST; November, S11QSl2; December $40
coll; January, S.11@S.12 February. Sl2G
Sl3; March, S1i@S.15; April, S.1G@S,17.
LIVERPOOL. July 1s.A P. Moot
TON-Spot in limited demand: prices
higher; American middlinS. G%s; good mid
dung 9 G-32; middling, 29-32; low mid
ding, 2j-;2; good ordinary ) .l-3- 0rCli-
nary, 1872. The sales of the day were
1000 bales, of which 800 were for specli-
lauon and export and included $3.50 bales
american. Receipts, 1000 bales, no
Futures opened firm and closed steady;
American middling, l. n. c., July, ) IS-04
value; July and August, ) 43-64 buyers:
August and September, . 10-G+G5 2o-Gf
value; September and October. / 59-G4Q
/ G0-64. sellers; October and November
4 46-G4Qi 4I-64. sellers; November and
December, i 39-GiG4 40-64. buyers; De
cember and January, 4 3I-t4, sellers;
January and February. / 35-G4. sellers
February and March, }3-G4, sellers;
March and April, 32-6i, sellers.
NEW YORK PRODUCE MARKET.
NEW YORK, July lS.-FLoUR-Weak
at old asking prices, which were about
yul5c above buyers views.
4,YE FLOUR-Quiet.
CORNMEAL-Easy; yellow western,
Jic.
BARLEY-Nominal.
WHEAT-Spot weak: No. red S25sc.
Options opened steady on better cables
than expected and less favorable crop
eased off Bulls lacked confidence and
made no attempt to check the afternoon
attack by bears, which broke the price to
the lowest point of the day. Closed weak
at 5sQQl34c. net decline. July closed at
S11sc.; September, oo2sc-; october, Sic.
= ecember, Sl3sc.
CORN-Spot weak; No. >, 4Ji4c. Options
opened steady on bullish State bulletins
from Kansas and Nebraska 1t eased Oft
later through realizing and sympathy
with wheat, and closed weak at 9sGt.c
net lower July closed at at, 44$sc.' Septefn-
OATS-Spot dull: No. =, 2Sc. options
dull and featureleSs.
BEEF-Quiet
CUT MEArS-Quiet.
LARD-Steady; western steamed, S7,0o;
July closed at sos nominal. Refined
steady; Continent, S7.35; South America,
IS; compound, $G.259G.3712.
PORk-Dull.
TALLOW-Firm.
NEUTRALITY-SUSPICIOUS.
ROSIN-Steady.
TURPENTINiI-li at 4Ga4947asc.
BUTTER-Firm; creamery, loQl914c.;
State dairy, 151a@lSc.
CHEESE-Firm; large white, 3A@oasc.;
small do, 22s@91sc.
FoTAToEs1 quiet; Chill, sl@1:12314;;
southern, SlQl25.
41s061ac.; other domestic, 3@5l4c.
CABBAGES-Quiet; Long Island, per
100. $l1l.50.
FRE1GHTs TO LIvERPooL-ouie
cotton by steam, :5c.
RiCE-Firm.
COFFEE-Spot Rio firm; No invoice,
9l.c. mild market quiet: Cordoya, 9}2@
size Futures opened frm, with prices
= to 10 points higher and steadier;> ad-