The times. [volume] (Richmond, Va.) 1890-1903, 1900-01-03
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! COTTON MARKETS

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COTTON MARKETS.
NEW YORK. Jan. 2-cOTTON--9Tlsh,
cotton market made very zencoura sinG 40
vances at the opening, but later lost most 81,
OF the gain under sheer absence OF pu.l
sncculation and active W3ll-street selling
Strong Liverpool cables and reports that
The South was even firmer than on Fri
day sent room, shorts to; cover, and their
demand in connection with very heavy
purchases for Liverpool account, sent the
active options up to I to :; points. Trad
ing for a time was very active and gen.
eral. Wall street commission houses solo
for profits while business from the crop
centre went almost exclusively to the
+m,lI side. A rapid decline at Liverpool ledS
to a halt in buying here and a subsequent
hurried disposition Of cotton purchaseu
on the call Our market was petter sup
ported than the L1ysrpeoin e n1 later The
sudden turn abroad was said to pc en-
tircly due to enormous liquidation LOT lLe
purpose of undoing "straddles. me ouy.s
ing here for the other slde ,Wou1u S 7vera
extremely light, the statistical sltuatlen
in general was bullish, offerings OF spot
cotton small. and crop estimates were re-
duced. The market closed parelS s.e o;ufs
with prices s points higher to points
lower, the latter on new crop poslt1ons
only.
8 cO1rON-Futures opened steady: Janu-
ary. 715: FEBRUARY, $50; March, 7.:'5:
April, 7.5s; May, 7.G1; June, 100; July
7.ts.: August, 7.GO: September and octo-
Der, Cos; November 69.,.
Futures closed barely STEADY ~ ?ana AIRY,
740: May and June. Isl July, ..of; Az Al
gust, 80; September, 1.o2; October, G.?l;
November. G.Sii-
Spot cotton closed quiet at JIG higher;
l. -. mid
Sales 500 bales.
coTToN-Quiet; middling. !a:: net s1,, re-
celpts, 2.131 bales; gross: 6:u paies'
ports to Great Britain, 5000 bales; to the
Continent, las bales. ooc
Total to-day-Net receipts, Il, 9H bales'
exports to Great Britain. 6.44G bales; 70
France 1s4S bales at to ,d the eHn.'e''
Consolidated-Net receipts. D6,3?' oales,
exports to Great Britain, lo.I6' bi!cs' 70
France 11.345 bales; 40 the Continent
Total since September 1st-Net receipts,
1888. 1GO bales: exports to Great Br1tan.
I N1o134 bales: to France. 42S.S03 bales
to the Continent, 1,14O,GS3 bales
NEW ORLEANS. Jan o.-coTToSN;5a
Futures barely steady; January, !-2 ,
To-: February. 7.21dl7.22; March 1:1Sso
7.i: April, 7.25a1.2 G: May, '.2'n -
June. 7.29M7.3o: July, 7:mG7:32; August
7.1sa.1o: September, G.77@G.79; October,
667M6.G?.
LIVERPOOL. Jan. 2.,~4 P. N:-CO1,EON
Spot in fair demand; prices l-b &C.. n nead
middling. AS; middling. SIG; low mi 1i
ding. 4 1882; good ordinary. I-32; ordl-
nary, 1872. The sales of the day were
10000 bales of which 500 we're ior sp @gno
lation and export. and included Duo
American Receipts since last reports. DO
GOO bales. including 11,1Oc American.
Futures opened firm and closed barely
steady at the advance: American ~, MY
ding, |. m. c., January. 2-64@t 33- o.
sellers; January and February, N.G4;
sellers: February and March. 1t-6lW
1854 sellers; March and April, la-6i'
value: April and May. 4 11-oini 1ot,
sellers; May and June. 4 9-64. sellers: June
and Julv. i 7-G4 sellers: July and August.
5-C4m4 G-G4. sellers; August and Septem-
Der, 1-64 sellers: September and Octo,
her. :: 5J-G4M:; ;6-G4 value; October and
November ; 1864, value.
NEW YORK FrODUCE MARKET
NEW YORK, Jan. 2.-FLOUR-Heid
above buyers views, although there was
more disposition to take hold near the
close. owing to the strength IN wheat
Minnesota patent, S;'SJM4. 10
.RYI FLOUR-Firmer; fair to good, So Is
@3.3O. g, IN
@2.2j
CORNMEAL-Firm.
RYE-Steady: NO western. 6Os4c.
BARLEY-Firmer; feeding, 1870 ft:ac'
BARLEY MALT-Steady. ..-..f-
WHEAT-Spot firm; No. rea ''1sc.
Options opened tirmer at &c. advance on
higher cables and the strength in pro
visions. Later the market was influenced
by liberal decreases in the American ana
English visible. higher provision prices
and light offerings, so that after a steauS
no
strong at 1la@3sc. net advance; March
closed at 7GAc.; May closed at ''fsc.' 'uis
closed at I3,ac.
CORN-Spot. firm; NO. > 4o;sc. option
market opened iirmed at &c advance, ana
although very quiet, was carried upward
bv the strength of wheat, provisions ana
cables, together with big clcarances ana
the visible supply decrease clos 'asd urn ~
at at Ac net adyan G. eaIc ''arS e'oseo a.
OATS-Spot quiet but firm: NO. :, -v9
29Ac. Options quiet.
BEEr-Dull: family, s12.30I13.
CUT MEATS-Quiet: picked beliies,
s,,a5Gi7.oj: do. shoulders, $J.75; do. hams,
LARD-Strong: western steamed closed
at SG.1714. Refined stronger.
PORK-Firmer; mess, $1O2oallo.''. 80
RUTTER-Strong; western creamery, =
My3c.: State dairy, 2nM2Ic.
CHEESE-Firm; fall-made fancy, small,
12A M13c.: do. large. 12AG13c.
EGGS-Firm; State and PennsylVanla.
2462Jc.: western ungraded, at mark, 100
pc: western. DC. loss off.
POTATOES-Steady: Jerseys, Sl29g
1.75: New York, s1.7oG1.75: Long Island,
sl.5OG2; Jersey sweet. $2.3ou3.
TALLOW-Firm; city. &C.: country, AS
Csc.
PETROLEUAI-Steady Refined. New
York, $3.50: Philadelphia and Baltimore,
S9.SJ: do. in bulk, $40
ROSIN-Steady; common to good. $1.4o
TURPEN,rlNE-Firln at 32il.M3:'c.
RICE-Fair; domestic. fair to extra, 40
GIAc.: Japan. 4244dlJc.
MOLAssEs-Firm: New Orleans open
kettle sodo to choice, :s2M4Oc.
CABBAGE-steady; Long Island, S4aG=
per 1GG
COTTON BY sTEAM-To Liverpool,
2Jc.
COFFEE-Options opened steady and
unchanged to 10 points higher, and though
showing fair stability, ruled compara-
lively quiet, with prices tending down.
ward under light profit-taking and in abb
sence Of investment support. Europe sold
sparingly on the advance. rom shorts COW
ering The better feeling was caused by
.firmness in Hamburg. Speculation was
retarded by an absence of news from the
Brazilian and Havre markets, which re-
1r.t1o lv-