The age-herald., 1900-07-17
EXCITING DAY IN
 COTTON MARKET Influences Bearing on Market Were Against Advance. BULLS WERE DISAPPOINTED They Had Looked for a Reaction in View of the Heavy Decline and
 the Enormous Unloading
 on Last Saturday
BULLS WERE DISAPPOINTED

oughly disheartening to the bull forces which suffered so severely in Saturdays selling. Nearly all the influence bearing on the market were again against price i'm provement In view of the heavy decline and enormous unloading on that day, the bulls looked for natural reaction this morning. But the cables were weak, the crop news good and the weather reports nearly all that could be desired. Moreover, the China news was such as to prevent fresh investment buying for outside ac- count.
 With Liverpool futures down 51A to 65 points and spot cotton off Is, our market opened easy with July points higher and later deliveries to points lower. There was slight further decline immediately after the call and then brief period of hesitation, followed by a sharp rise in Keeping with turn in the tendency of prices abroad. But before midday the market had developed fresh weakness, and under heavy selling for both accounts drop ped rapidly to the lowest level of the morn ing, a net decline of s to 10 points. Europe sold large amounts of smaller months cot ton here and the South sold the new crop positions.
 Predictions that tomorrows government crop report and weather statement would be decided argument helped to weaken sentiment in bull quarters. The short-time policy of Fall River mills was regarded as but temporary relief for the congested cloth situation at home, while Southern mills reported superabundance of raw material and manufactured goods, with few orders. During the early afternoon the market was speculatively flat and feature less. These late phases were not specially interesting and prices varied scarcely 5 points, The close was steady, with prices to net lower.
 New York, July 16.-Cotton quiet mid ding, 13-16c; net receipts, 60; gross re- ceipts, 6,134 sales 1,114; stock, 3S,94S; ex- ports to Great Britain, 5,646; exports to the continent, 3,379.
 Total today: Net receipts, 12, ,206; exports to Great Britain, 5,646; to the continent, B. 319 stock, 162, ,2S6
 Consolidated: Net receipts, 14SS6; exports to Great Britain, S,195; to the continent, A. 629.
 Total since September 1: Net receipts, G.. 42l ,9S7; exports to Great Britain, 2,22O, ,237; to France, 693, ,029; to the continent, 2655 491
 New Orleans Cotton Marke, fb
 New Orleans, July 16.-Cotton quiet; sales 300; ordinary 1-16c; good ordinary SAC; low middling 11-16c; middling 10 3-16c; good middling 10 7-16c; middling fair 10 11-16c Receipts 6374; stock 70,223.
 Consolidated statement: Receipts. net, 14,SS6; exports to Great Britain S195; ex- ports to the continent 4,629; stock 162, 2S6.
 New Orleans, July 16.-Cotton futures quiet and steady. July 9970l9 .9S; August 9.34@9.35 September S.52ds.53; October S.1O @8 Il; November 795D7. .96; December 7.94 or .95; January 7.94GG7 95; February 7.96Q7 .9S March 7.9S88. .OO; April 8.0O@DS. .02; May 8.026D S.04.
 raiiv State ne,s
 Galveston-Quiet middling, 95sc; re- reipts 1S7; stock S,444.
 Mobile-Nominal; middling SAC; receipts 1,072 stock 4,416
 Savannah-Quiet and steady; middling 97sc; sales 103; receipts eos; stock 9,17o
 Charleston-Quiet; middling 97sc receipts 4O6; stock 4,491.
 Whining middling 10c; ceipts 7S; stock 1887.
 Norfolk-Quiet; middling 10c; sales 1; re- ceipts 2,103; stock 6,750.
 Baltimore-Normal; mddling 10c; re- ceipts 653; stock 3,7S1.
 net 666 stock S34.
 Phiadelphia-F'irm middling 10 1-16c; re- ceipts 49; stock 2,620.
 St. Louis-Quiet; middling 91kc; receipts 134; stock S540.
 Memphis-Steady; middling SAC: receipts 215; sales 25O; shipments 1895; stock 13,9S3
 Liverpool Cotton Market
 Liverpool, July 16 4 p. m)-Cotton-Prices lower; American middling fair, 63-16d; good middling, 29-32d; middling, 23-32d; low middling, 5 19-32d; good ordinary, 15-32d ordinary, 9-32d.
 The sales of the day were 5000 bales, of which 800 were for speculation and export and included 45OO American.
 Receipts none. Futures opened easy and closed steady American midding, low middling clause: July, 33-646l5 34-64d value; July and August, 5 2S-64d buyers; August and September, 5 9-64d sellers; September and October, 54-640p5 55-64d sellers; Octo- Der and November, 41-64d4 42-64d sellers; November and December, 35-64G4 36-64d sellers; December and January, 33-64d sellers; January and February 31-64d sell CTS; February and March, 29-64d buyers; March and April, 2S-64@4 29-64d value.
 Dry Goods
 New York, July 16-The market for dry goods shows no ma aterial change today + is excessively hot here and spot business suffers on that account, but mail orders are up to the average Brown cottons dull at previous prices. Bleached unchanged in price; low grades somewhat frmer. Print cloths firm, but quiet; prints in moderate request. White goods steady. No change in woolen goods division.
 Cotton Letter 6, Hobsons Cotton Letter to H. D. Cothran & Co. New Orleans, July 16-In consequence of l ideal crop weather, additional general warm and beneficial rains falling in Ar kansas, Texas and the territories, together with grave news from reliable sources in China, Liverpool cotton futures lost to T. Cid on the near months and 4 to 5-6fd on the new crops, spots in sympathy falling 1sd on sales of only 5000 bales. Consider ing the poor showing of Liverpool, Ameri- can markets opened quite better than was expected, August here starting at a de- cline of points and October at S09, z l tower than Saturdays closing prices. How | ever, prices gave way a few points addi-