The age-herald., 1900-07-04
COTTON MARKET 4 TOOK AN ADVANCE Business Was Moderate and Gen. eraI Character Satisfactory NET GAIN FINALLY SCORED The Weekly Weather Report Though Bullish Was Hardly as Much so
 as Sensational Reports Had
 Led Trade to Expect
NET GAIN FINALLY SCORED

New York, July 3.-While today's cotton market was higher, the volume of business was moderate and the general character of the trading was unsatisfactory, being especially lacking in the element of public interest. Officially, the market remained steady, with prices 4 to points higher Subsequently, transactions raised the level of prices still higher At the strongest in- terval the net gain on yesterdays closing figures was matter of 11Q1S points The demand came from local sources with buy ing to cover short contracts, the feature of the days business.
 The strong cables were to some extent offset by disposition to fear that the English cotton trade was predisposed to take alarm and magnify the damage to the growing crop in Mississippi and other sections of the cotton crop belt, through late excessive rains. It was argued that the foreigners had been so badly punished for their disregard of their last years crop damage reports that they were un- duly intimidated by the present conflicting accounts, and for this reason the advance of 3-32d in spot prices and 1a@3-64d in fu- lures in Liverpool was probably more than the situation justified. On this reasoning there was some selling here for reaction especially as general outside speculative interest was not factor.
 The weekly weather report, though not bulish, hardly as much so as late somewhat sensational reports from private sources had led the trade to expect The official statement, therefore, fell rather flat and left the market to finish in a quiet, featureless fashion, steady in tone, with the net advance of the day reduced 10 to IS points.
 New York, July 3.-Cotton quiet; mid ding, 15-16c; net receipts none; gross receipts, 701; sales, 1,7S1 stock, 4,579; ex- ports to Great Britain, 1,011; to the conti- nent, 421.
 Total today: Net receipts, 4,255; exports to Great Britain, 1891; to France, $500; to the continent, 421; stock, 156,036.
 Consolidated Net 9,595 exports to Great Britain, 3.473; exports to France, $500; to the continent, 4SS1.
 Total since September 1: Net, 6,377, 732; exports to Great Britain, 2,20O,2SS; to France 692, S26; to the continent, 2,63S024.
 New Orleans Cotton Market
 New Orleans, July 3.-Cotton steady; sales 1,5OO; ordinary 1-16c; good ordinary s 9-16c; low middling 92sc; middling 10c; z 10 9-16c. Receipts 762; stock 1,S6O.
 Consolidated statement: Net receipts g. 595 exports to Great Britain 3,473; exports to France 3.S00 exports to the continent A. SS1 stock 156 036.
 New Orleans, July 3.-Cotton futures steady July 10.0S asked August 9.S4GD9 .S5; September S.S9GS 30; October S.27dDS. 2S; No- vember S.07@S 0S; December S.07GS. .OS; Jan uary S.07@S.OS; February S.07@S .0S; March SO9aS. H. April S.11@S 13; May S.13aS.15.
 ijaiv statene.s
 Galveston-Quiet; mddling 9asc; receipts 27; stock S,SA.
 Mobile-Nominal; middling 92sc; receipts 107; stock 5,151.
 avannah-Steady; middling g 5-16c; sales 2SO; receipts 749; stock 15,545.
 Charleston-Nomnal; middling 5-16c stock 2.992.
 Wilniington-Nominal; middlng SEC; stock 1,752.
 Norfolk-Steady; mddling SAC; sales 52 receipts 317; stock 6,519.
 Baltimore-Nominal; middling 9Nc: re- ceipts 793; stock 4,222.
 Boston-Quiet; middling 97sc; receipts, gross 15S.
 Philadelphia-Firm middling 10 3-16c stock 1888.
 St. Louis-Quiet middling SEC; sales 673 receipts 443; stock 33 65S.
 Memphis-Firm; middling SAC; receipts 10; sales 200; shipments 1,20O; stock 25,O34.
 Liverpool Cotton Market
 Liverpool, July 3.-4 D. m.-Cotton: Spot fair demand; prices higher; American mid ding fair 36-16d; good midding, 29-32d middling 5Ad; low midding, 55sd; good ordinary, 51ad ordinary, 3-16d. The sales of the day were 10000 bales, of which 800 were for speculation and export and in- cluded $500 American. Receipts, 5000, in- cluding 5,600 American Futures opened quiet and closed steady. American mid ding. L. M. C.: July, 5.3Ss; July-August, 5.31s; August-September, 5.1S0r51 19s Sep tember-Octobe 4.6Os; October November, 4.436p4. 44o: NovemberDecember, 4.36D4.37b; December-January, 4.33@434; January Feb ruary, 4.31b; February March, &.29v; March April, 429 sellers.
 Dry Goods
 New York July 3.-Slight Improvements in home demand for broken cottons paid in quarters, but general business con- tinued slow. Fall River mills considering proposals to shut down four weeks out of next two months Print plCfbs continue