The times. [volume] (Richmond, Va.) 1890-1903, 1900-08-29
COTTON MARKETS.

go. COTTON MARKETS.
NEW YORK, Aug. 2S.-COTTON-De--l
%spite.ethe ultimate course OF prices ana
net results favored the bulls. the devel-
opments of the day as whole IN the cot
ton market were disappointing. The.
chief cause for complaint was the Gov
erlment report. & This statement was sur
prfsing9 and added greatly to the confus-.
ion of opinions extant here.
The market opened steady IN tone, Win
prices two points higher to one point
lower, and during the morning kept Win
in narrow bounds, pending receipt OF the
Government report The noon bids were
unchanged from the initial sales quota
lions, and the total scope of fluctuations
was but five points. The cables were re-
gardcd as in thorough keeping with our
advance of last years crop and with news
from private sources which were encour-
aging on the average, l o'clock found
shorts disposed to cover as a matter of
precaution.
When the Bureau report was announc-
ed it failed in many respects to agree
with the information received by local
cotton houses of both beliefs Opinions
made up from the last weeks report
were shattered by the statement, and
the fact that local houses were in receipt
of the report before the Exchange re-
ceiyed it. was not calculated to help mat
ters. The commission talent were poorly
supplied with business, and the South
sent in a few orders.
The weather forecast was fairly good,
Southern spot markets We're nerveless and
Geographic crop testimony was bearIsh
on the long run, though reporting serious
conditions in the CarolinaS and parts Of
the Central belt.
The market closed steady with prices
20 points net higher on August, and to
Z points higher on other months
COTTON-Futures opened steady; Au-
gust, S.S7; September, SG0 October, S.43;
November, S,34; December. $50; January,
S.3i: February, S.34; March, S.3I; April,
S.3I; May, $50: June, $40.
Futures closed steady; August, 9.0o;
September, $50; October. $40; November,
Sal; December, S.39: January, $50; Feb
ruary. $40; March, S.42; April, S.iS; May,
S.44: June S.43.
Spot cotton closed quiet and steady:
midding uplands, 93s; mddling gulf, 97s;
sales. LOCO bales.
COTTON-Dull; middling, 99s; net re-
ceipts. . bales; gross. l,6U3 bales: salee.
1,GoO bales; stock, u, So bales; export to
Great Britain, 1,194 bales; to the Cont
net, 1876 bales.
Total to-day-Net receipts, 1886 bales;
tic Great Britain, 1.204 bales: to the Cont
nent, 612 bales; stock, SH.209 bales.
Consolidated-Net receipts, 1928 bales;
to Great Britain, 2,SS1 bales; to France
SG6 bales; to the Continent, 1.544 bales.
Total since September 1st.-Net re-
celpts, 6.5lI26S bales; to Great Britain,
2,:'500G4 bales; France, 701, 131 bales; to
the Continent, 2,710,2IO.
NEW ORLEANS, Aug. 2S-COTTON-
Futures quiet; August, $50; September,
S.63MSG1: October, S.2S6S.29; November,
S.19; December, S.l70S.1S: January, S.1SG0
$40; February. S.21@S.23: March. S.23@
S,23; April, S.23@S.27; May, S.27@S.29.
LIVERPOOL. Aug. 2S-COTTON-Spo
small business: prices irregular; Ameri-
can middling, fair, . sd; good middlnS,
. 19-32d.; middling, 5 11-32d.; low mid
ding. 5 13-2d; good ordinary, lid;
ordinary, ). The sales Of the day We're
1000 bales, of which 200 were for specu
laton and export, and included LOCO
American Receipts, 3,O0O bales, includ-
ing LOCO American.
Futures opened steady and closed
steady; American middling, !. m. c., Au
gust, ) 25-64d., buyers; August and Sep
temher, 3 OS-GId.. buyers: September and
October, 4 5G-Gtd., sellers; October and
November, 46-6id.Gf4 47-G4d., sellers;
November and December, 43-G4d.. buy
ers; December and January, 'J-Gld.,
buyers; January and February, 31-Gid.60
4 3S-C4d.. buyers; February and March,
:s6-6Id.Gl4 31-Gtd., sellers; March and
April, :i'33-Gid., buyers; April and May,
}464d. "a 35-G4d., sellers; May and June,
i .G4 34-Gid. buyers.