The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-03-30
NEW CROP REPORTS
LESS FAVORABLE
Yet the Cotton Market Was
Nervous and Weak.
POOR OUTSIDE SUPPORT
Wheat Excited and Tossed About by
Conflicting Influences.
POOR OUTSIDE. SUPPORT
FALLING OFF IN DEMAND FOR STOCKS
Profit Taking Proceeded in an Orderly Man
ner ard Any Considerable Recession in
Prices Led to Decline in The
Volume of Offerings.

New York, March 29-The market has
been very indfferently attended today
in any department and business was very
quiet throughout. There was no busl-
ness of any amount for export, which
keeps course cotton dull. Bleached cot
tons continue in light supply Coarse
colored cottons also quiet Ready sup
plies continue scarce with no pressure to
sell and prices are well maintained TOT
all spot goods. Print cloths idle, but nrm
in price. Narrow and wide print cloth
steady and unchanged at first hands.
Prints and ginghams steady; little doing.
Cotton Innings firm, no change in price.
QUOTATIONS. OF COTTON YARNS.
New York March 29.-No 1Os-1
and 12s-1 warps. at 171712; No.
14s-1 warps. at IS; No. 16s-1 warps,
at 10: No. 20s-1 warps, at 81; No. 22s- l
warps at 21-2215; No. 26s-1 warps, at
Ply: No to los bunch yarn, at 16-l612;
No 12s-1. at 1612-17; No. ISL, at lS NO
16s-1. at 1S1a-19 No. 20s-1, at q; NO
22s-1 at 21-211a No. 26s-1, at 2l12-Zz;
No Ss-1 ply soft yarn, at 1862 -11; NO.
1882 ply soft yarn at 171a; No Ss-2 ply
hard, at 1917 No. 1852 ply hard, at
17-171s; No 1852 ply warps, at 80; No
$50 ply warps, at IL No. 12s-2 ply hard,
at 1872 No. ASP ply. at 201a; No. 16s-2
ply, at 81; No. 2Os-2 ply, at %; No. 24s-2
ply, at 26-261a; No. 26s-2 ply, at 27-271a;
No. 30s-2 ply yarn, at $3.50; No. 1852 ply
at 36-37: No Ss-3, 4, and 5 ply, at 1612;
No. 20s-2 ply chain warps, at 24-25; No
24s-2 ply chain warps, at q; No. 26s-2
ply chain warps, at rs; No. 3Os2 ply chain
warps, at 30: No. 1858 ply hard twist, at
81; No 20s-3 ply hard twist, at 221a2f.
No. 26s-9 ply hard twist, at 27-2714@
COTTON.
New York, March 29.-The market for
cotton was nervous irregular and geiier-
ally weak. today Opening with prices one
point higher to three points lower, sell
ing movement suddenly developed with
but little resistance until the attention
of sellers was attracted to the less favor
able character of the reports from the
South respecting the status of the new
crop.
These reports, while somewhat CON
fiicting, told Of late planting and unGat,s-
factory termination for the more south
erly localities, with practically no plant
ing as yet reported for the Atlantic ter
ritory. A good deal of cotton had lately
been sold upon the basis of heavy acre
age This led to caution. However, the
general market showed a weak underfone
throughout the session The English de-
cline was attributed by private cables
chiefly to bearsh crop accountSfroIn this
side.
The local market was almost entirely
lacking in outside support and depended
on covering by shorts for business. Pub
lie cables noting further decline of lie
in spot prices and 2h6412-64d in future.
Yarns at Manchester quiet and very little
doing in cloths, which were decidedly I'M
satisfactory.
Following the opening call the market
broke sharply. There was general ard
heavy selling in the afternoon which in
creased the decline to 7@1S points and
closed steady at the lowest point.
NEW YORK.
NEW YORK March 29-Cotton futures opened
steady at the decline.