The times. [volume] (Richmond, Va.) 1890-1903, 1900-10-11
COTTON MARKETS.

NEW YORK, Oct. 10.-COIioN--le
was day Of surprises and intense e2-Cine
ment in the local cotton market Inc
sole object in view, much OF the time,
appeared 20 be the liquidation OF ac-
counts botn ways. The cable news was a
pronounced disappointment, ana IN con-
junction with a more generous moVeneht
than figured upon at southern ports, gave
the market an easy opening. Prices de-
ciined ) to 10 points on initial sales. With
sentiment bearish to some extent. AS the
later advices from Liverpool were de-
pressing and as the public showed d de-
sire to unload its cotton before the
bureau report made its appearance. the
market further settled 10 points before
midday. At the time the bureau hsuEes
were published the pit was packed to It's
utmost The simple announcement that
the average crop condition was % per
cent. swept bulls completely OFF their
feet and created q wild scene OF disorder
in the pit 1t was extremely dlttlcult 70
find BUYERS and January dropped 4 to D
points a a time.
Everybody endeavored to sell long col
ton or get short, with some having D0tn
ends in view The Southwest unlo2ded
large amounts of cotton on the noon
break. while Wall Street smotnered the
pit with selling orders. Instead OF SUD
stantially reacting later in the day on
covering for profits. the market con-
tinued in an extremely feeble condition,
with prices around low-water mark.
The trade was stubbornly opposed to
accommodating additional INES OF lolls
cotton in the late session on the reaction
theory. and the market continued 10 wob-
bic around the lowest prices OIL the SEES
sion The conmission-house clement
steadily poured long cotton INTO nj me pr,
as did Wall-Street brokers. The market
at the close was steady in tone, with
prices net 80 to - points lower
coTToN-T,utures opened easy So oG ,H2
1895: January, 1904; February, lp.oW;
March. 1O.06: April. 1901; May, 1oo4;
June 1903: July, 1000; August, 9:s2
Futures closed steady at the decline;
October. 1910; November, 9So Deem
Der. 9Ts: January, 90; February, DO;
March. 97G: April, 9.71J; May, 9'6; June
9I3: July, a6S: August, 800
Spot cotton closed qu 6 at !5d,i Ge-
gulf, II liz; sales, none
corToN-ouiet; mlddling, lo1a1G;
stock. ;t,:,I7 bales.
Total so-day-Net receipts, 33,G99S bales;
exports 10 Great Britain. SI.0l3 bales; to
,ne Continent, 10,403 bales; stock, 43o,26l
bales.
exports to Great Britain, l33,9SS bales; TO
France, S,4G0; to the Continent, 25,5't
bales.
Total since September 1st--Net receipts
1,1Go,S64 bales; exports to Great 6fltaln
;i26II:j bales: to France, 1Sloi bales 10
the Continent, 233, $40 bales.
NEW ORLEANS. Oct. 1o.-coTToN-
Futures steady; October, 969@9. 20; No
yemoer, 9;54g25 December, 9,2 2559 } %
March, 9.J8@9.59; April, 9.0S@9.99; May,
J.J909.60.
LIVERPOOL, Oct. 1O4 p. Moot
TON-Quiet: prices easy; American mid
ding, fair :25-32d. The sales OF the day
were 5000 bales, Of which 800 We're Tor.
speculation and export. including 5,400
American. Receipts, 1000 bales, all
American
Futures opened quiet and closed easy;
American mddling, |. m. c., October,
) 56-Gtd.. buyers; October and November,
D 42-64d.. buyers: November and Decem-
Der. 5 3G-G4GI5 37-G4d.. buyers; December
and January, ) 34-64d.. sellers; January
and February 31-64d., buyers; Fehru-
airy and March. 3 29-G4d.. buyers: March
and April. > 27-Gtd.. sellers; April and
May. . 2J-G405 26-G4d., sellers; May and
June. ; 2f-Gd4., buyers; June and July
5 22-G4G25 23-G4d.. sellers: July and Au-
gust, ; 21-Gtd., sellers: August and Sep
TENDER, ) 15-Gid. value.