The times. [volume] (Richmond, Va.) 1890-1903, 1900-09-08
COTTON MARKETS.

COTTON MARKETS.
NEW YORK, Sept. Sentiment on the re
Cotton Exchange turned Son mp ~
ground from radically nuilisn DE-
mora i,zation which prevailed ,throusLo,l ~ :.
the torepart of the week III oeLI el lt'ss.
was Il ollowed by a pane aI.oiiS 'iie oo1i'
this morning. thara vas no in
dication OF a storm from the longs , prev ts,s
ing and the rank and file OF lle a ,ha+ Io-.
tion went home firmly CON ION sweening 5ad-
vance The market opened Wear ai.u =,
regular, however, with prices doM JONI - sa' ~
o. points under one OF. the heaHie YES. n;t
ing movements which has ever Deen WI
messed in the cotton pit. orders ~ Ne Nc
load came from Europe, the Soutn, I'M. IN.
West, Wall Street and the speculael ,,1
public interest in general, and Il was. not
until prices were down &c. ,that buyers
could be inluced to take hold. lhroES
out the first hour the market was fen I'm
violent in both directions
The main reason Tor the compiet re
change of front in tine cotton trace ~
looked for break OF IL to a points IN
Liverpool from the opening figures, said
by previous cables to have been precip-
.Itated by a turn of smaller holders Tor
profits forcing the larger bulls to hqul-a
date Talk OF a shutdown in Manches,
ter and reports that English splnners mad
decided to buy no more cotton this month
we're at the bottom Of he Liverpool sell
ing movement.
cidedly better and led to tIs
OF views here, with a result tnat nasty
sellers of the first hour at once took the
bull side, while selling TOR a Iurtner re. I
action completely ceased Later IN, .ne
day the market. worked steadily upward,
displaying considerable of bull iiouflsh'
an marked advances resulted.
The fact that futures We're conslder stls
below the price of spot cotton. checked
selling for short account and encouraged
investment buying. Trading was very &c
tive except for q brief period around MID.
The last few minutes and broke heavily
under general selling. The close was
weak, 10 TO % points lower
coTToN-Futures opened weak and IT, =.
regular; September, 9-23; Octooer, .,no'
ssS February aig' s.s; March s95 april
s e.:,s May, $50: June, $50; July, $50 %.
Futures closed weak SEPTEMBER pt 15sas,; ySI
9.O5; January, 9o3; February, 900; March,
800; April, S.97; May, S9s' June oS''
lanas, 1oB; middling gulf, 1oas sales, III
baies.
CoTToN-Dull; middline 1ols; gross re
ceipts 96l bales; sales, IL! bales; Sto 'a
Sol bales. export to Continent, I'D baies.
Total to-day-Net receipts, 1851 bales
exports to Continent 1873 bales; Stock
lIo,499 bales.
OBSERVATION-DISCLOSURES receipts, 81 ?ol bales;
exports to Great Britain. 3,6oo paies' 10
the Continent, s6,142 bales.
Tota1 since September 1.-Net recelpts,
u ,507 bales. exports to Great bI ,l,dI
,,.vo5 bales; to the Continent, GA bales.
COTTON-Followng are total net re
ceipts of cotton at all ports since Septem-
her l. 1900:
Galveston. 1881 bales; New, Orleans,
.Oj5 bales Mobile, 1,i99 bales; savannah
.; $50 bales: Charleston, 2,4S3 bales; VII
mington, Z G53 bales; Norfolk, 3.:.9l paies,
baltimore 50 bales; Boston, . bales:
Philadelphia. 220 bales. Iotai, ol,oo'
bales.
LIVERPOOL, Sept. 7.-CoTToN-spot
in fair demand; prices higher; American
miudlng fair. 6-32d.; good mlddiing,
G-1Gd.; middlns, 61ad; low mlddilns; o?su,'
good ordinary, ) 3l-32d.; ordinary r9,,
5 2l-32d The sales of the day We're l2Wo
and export, and included 5000 bales
American. Receipts, 800 bales, all Amerl-
can.
Futures opened irregular and closed
steady: American middling, l. m. C., Sep,
TENDER, 6 14-64d., value; September and
Der and November, ) 12-640Co 13-Gid., sell
ers; November and December, o3-64@
) O5-64d., sellers; December and January,
4 62-6i@4 G3-64d., sellers; January and
February, 4 GO-64@4 61-Gid !, sellers: Feb
ruary and March. 4 5S-G4d. sellers; March
and May, 55-6id., buyers; May and
June, 4 ;53-6464 54-64d., sellers; June and
July. A 52-64d, value; July and August,
50-64d., buyers.