The times. [volume] (Richmond, Va.) 1890-1903, 1900-06-26
cc.y.vrt,N dAEIcETS.

s NEW YORK, June 25.-COTTON.-No
since the failure of sIyice. McCorm1ck anu
market shown ecua1. excitement. and SVlo-
lent fluctuations are recorded. to-da y. ! y
some respects 1t was anybody.s InaTket.
after an early bulge OF 80 points on the
the excitement was kept at fever heat by
conflicting sensational reports OF the
crop, with sentiment exceptionally mud 'ls
died after the first wave of bull enthu-
zSiasm had receded. The opening was
strong and enormously active. with prices
up II to 80 points. Everybody had an
southern and foreign shorts We're con-
spicuous as leaders. The market derived
much of its early bull impetus from sur
prising strong Liverpool cables, numerous
uation would shortly become the leading
influence. The prices of the first hour
were subsequently proved TO be the high
est OF the day. with the low point reached
shortly after the noon call, when the
failure of Dennis Perkins & Co. caused
a temporary panic amid less reliant hold
ers Selling on the down turn was ter
rife, with some of the leading supporters
of the market openly declaring for the
bear side under the belief that the bull
movement had been excessive and not
altogether warranted: that the short in
terest had been completely wiped out and
an unwieldly account absorbed. The eX-
tent of this drop was considerably over
20 points, which the market failed to re-
The change in sentiment on the part OF
portion of the bull faction prompted bears
to take a less peSseTnlstc view OF the
market with the result that covering
dwindled away sharply, with some OF tie
more courageous bears later manitestlng
a disposition to prepare Tor q slump.
Mixed later crop adVices kept the crowd
in a turmoil throughout the last hour,
and the market experienced alternative
periods of strength and weakness as buy
erS, and sellers gained control, though
uon. Allowances were made for an un-
favorable weekly crop and weather review
from Washington tomorrow. and serl-
Gus decrease in the crop condition was
reckoned in the July Government report
The closest attention was given TO
weather changes and predictions South
though these he; were to some extent con,
fuSing. The market closed easy at
point higher to l. points lower.
CO1,ToN-Futures opened strong; June,
$50; October, s.62; November, So; De-
cember, SOB; January, sol; February,
SCI; March. SCI.
Closed easy; June. SIS; July, 900; Au-
November, ST; December and January,
81; February Sc; March, $50; April
S.31; May, S.33.
Spot closed quiet ZIG advance; mid
ding uplands, 3-16, middling gulf,
8 1916.
receipts. 80 bales; gross 1857 bales;
sales, 13l bales; stock, 63. 43S bales.
Total to-day-Net receipts. 2,562 bales;
exports to Great Britain, 29S9 bales; to
the Continent, 1886 bales; stock, 196.GGS
bales.
Consolidated-Net receipts, 3,2G7 bales:
exports to Great Britain, 3026 bales; to
the Continent, 1886 bales.
Total since September 1st-Net receipts,
6,36O. go bales; exports to Great Britain,
2,1S2.6S5 bales; to France, Gs9,026 bales;
to the Continent 2,614,lS2 bales.
NEW ORLEANS, June 25.-coTroN-
Futures firm; June, $40 bid; July, 9.45@
$50; August, S.91GS.93; September, S.41Mp
S.42 October. S.130S.14; November, S.02Gp
S.04: December, S.02GIS03; January. S.03Gp
sos; February, S.O59S.07; March, S.0S@
500.
LIVERPOOL, June 25.-CoTToN-sp
in fair demand; prices higher; American
mi4dling, fair, So, good middling, "a;
good ordinary. > 1-:2. The sales of the
day We're 10000 bales, of Which 800 We're
for speculation and export, and included
300 American. Receipts, COCO bales, in
Guiding 400 American.
Futures opened firm and closed steady;
American middling. l. m. c., June, o9-6i,
sellers; June and July, . 6o-64; July and
TENDER, . 4-G4, sellers; September and
October, 3-64Q5 4-64 value; October
and November, 40-6i44 41-64, buyers:
November and December. 4 3S-64@4 1904,
sellers; December and January, 1904,
sellers; January and February, 4 46-G4,
sellers; January and February, 4 1854,
sellers: March and April, 43-6tQ4 44-64,
buyers.
NEW YORK PRODUCE MARKET.
NEW YORK, June 25.-FLOUR-Un-
settled and dull with buyers and sellers
further apart than ever; winter patents,