The times. [volume] (Richmond, Va.) 1890-1903, 1900-06-07
COTTON MARKETS.

NEW YORK, June G.-COTTON-The
movement OF cotton prices to-day was
violent The bear faction had the adNan-
rage on the opening, inasmuch as Eng
lisIl cable news was very unsatisfactory
and the weather news more encouraging.
and they succeeded in forcing prices OH
to points. On tins prea Az Au utfast
made by holders to arrest the downturn.
me foreign contingent ana the specuia-
tive public sold on the slump WIN ah
ward midday feeling OF dlstrust m
vaded the bear camp. and prices were
soon reacting rapidly on purchases from o11
all sides. Early IN the afternoon ne We Ne
rapidfty, with July easily the le :aINa.;
Shorts were temporarily panic ssttlS W.,
by a jump of rs points IN july I ~ 1NuM
Orleans, which private adVlces ;sIa re
had resulted from a wild scramble OF
shorts to cover on bad reports from .,,':
central belt. In the local market 1uin
advanced to S.45 before a breathing spett
was taken. Later in the day the marh f,l
was nervous with trading spasmodlcally
active. Sentiment was very much 1iiA sro'
and when the shorts endeayoI .,,. ~ ~ Ia
ports concerning the shortage seHPec !1.a
to be chronicled to-morro" dllteTea III e nc
extreme. Europe was a heavy nuSer on
the afternoon rise, and considerable MAS wa
also purchased for southern account. ne
close was quiet ana steady at a net az
vance of 1 TO > points, the market nav
Ing SdSSu OIL uilutl lSeiiiLAhso'
COTTON-Futures opened easy; July,
SIG: August, 500; september, ..Is: oet to.
Der, 7.79; November, 40; January, '.4';
Futures closed quiet; June, $50; July,
$50; August, 81: September, !.Si; Octo7
ber 766; November, 7.54; December and
7.59; April, 7.61; May, 1.63.
Spot cotton closed quiet; middling up
lands, SIS; do gulf, 9ls; no sales
COTToN-ouiet: middlng, SIS, gross
receipts. 476 bales: stock, 1928 bales.
Total to-day-Net receipts, 3,2I4 bales;
exports to Great Britain, ), I5G bales; TO
the Continent, 5,5I7 bales; stock, 23a,o61
bales.
Consolidated-Net receipts, 126SS bales;
exports to Great Britain, 1856 bales; to
the Continent, 2l,96I bales.
Total since September lst-Net receipts,
6.324,9 $50 bales; exports to Great Britain,
., l43, 517 bales; to France, 6S6,G25 bales;
to the Continent. 2,577,7O6 bales.
Futures 1w steady; June, s.56 bid; July. sec
@S.61; August, SOS; September, ~; DC.
tober a3s November, 72s9I dS 80; 81 Def CEN
r gss 72 Sgia75 3a Marcb So fe0
LIVERPOOL, June 81 F - ML iSH:sr.
ToNspot qn5et; Prices PrP 49, lo yooi
middling, 5; middling AZ; low middling,
AZ good ordinary AS ordinary, 7-16:
The sales of the day were 5000 bales, OF
which 500 were for speculation and ex-
port, and included $500 American. Re-
,ceipts. 1000 bales, including $500 bales
American.
Futures opened easy and closed quiet
but steady at the decline; American mid
ding, l. m. c., June, 4 50-64, buyers; June
and July, 47-64a4 1864, sellers; July
and August, 45-6494 1904. sellers: Au-
gust and September, 39=G4, sellers; Sep
TENDER and October, 45-64, value; Octo-
Der and November, 4 1854. sellers; No
vember and December, 4 11-64, sellers;
December and January, 9-64 sellers;
January and February, I-6444 Sol,
sellers; February and March, 7-64G1
4 S-64, sellers.