The times. [volume] (Richmond, Va.) 1890-1903, 1900-06-29
COTTON MARKETS.

COTTON MARKETS.
NEW YORK, June 2s.-coTToN-
Events to-day on the Cotton Exchange
were not calculated to clear up the con-
fusion OF opinion and mixed state of SEN
tment in general The statistical situa-
ton came to the forefront and cut a large
influence IN the English and New Orleans
markets. as We'll as In local circles.
great stir Of spinnersz and shorts IN Liver
pool for present cotton crop caused one
of the most sensational advances in that
market remembered. which rise in turn
caused a decided uplift here and in the
South. The far months fiuctuated in the
reverse, with better weather indications
and selling by holders, putting the mar
ket in top-heavy condition. ia the time
of our opening values in Liverpool We're
to points up on near months. but 2l4
to 3 off in the remote options. Forenoon
sales indicated an advance of . to- 6 points
on the old crop and a. decline Of to 9
points in new crop Gotten here, with the
room trade very much at sea. The later
reports from Liverpool increased the
nervousness and confusion on the local
exchange and checked speculation by
the outside public. Disquieting reports
from China intensified the feeling of APP
prehension prevailing. Liquidation forced
prices down to about last nights prices
on summer months. A quick turn OF
front in response to 81 perpendicular rise
in Liverpool brought values up 10 to II
points. a long period Of apathy gave
way to renewed feverish fluctuations and
spasmodic, trading in the last hour.
Prices once more took an upward dlrec-
ton on the urgent demand from southern
and foreign interests. which We're lnfiu-
enced by reports OF heavy spot sales for
export in New Orleans and other southern
markets. The market closed firm Tor near
months, with June AZ points, July SO, Au-
gust 81 and September 20 points higher.
Later months steady at net decline OF
to points.
OBSERVATION-DISCLOSURES Dpnp6 June,
81; July, SO; August, 9.12; September,
S.12i October, So; November, S.:53; De
Gember, SIS; January and February
Futures closed firm on nearby, steady
on far distant months; July, 90; July.
o.5S; August 912; September ST.; Octo-
ber S.4S; November, S,:S9: December and
$40; April. s.41; May, $40.
Spot cotton quiet: middling uplands,
9 ZIG; gulf. 10 bales; sales, % bales.
coTToN-ouiet; middlins. s24; net re
ceipts. 100 bales; gross, 211 bales; sales,
- bales; stock, 57,6I3 bales.
Total to-day-Set receipts, III bales;
exports to Great Britain, l,lS3 bales;
stock. 176,OS2 bales.
Consolidated-Net receipts, $3.50 bales;
exports to Great Britain, 17.107 bales; to
the Continent, 1892 bales.
Total since September Ist-Net receipt
6366, 231 bales: exports to Great Britaii,
2 1876 bales; to France, 6S9,o26 bales;
to the Continent, 1920, 63s bales.
NEW ORLEANS, June 2S.-COTTON-
Futures strong in near. steady in distant
months; June nominal; July, 99Gq9.9l;
August, 951; September, S.7S0S,S so; Octo-
ber S.34GS.35; November, S.20GS.21: De-
ce1nber, S.201S.2l; January, S198S.20;
F'ebruar.-, S.22qS.2s; March. S.25MS.2I.
LIVERPOOL. June 2s.-CoTTON-spo
Good business done; prices higher;
American middling. fair, o-I6d.; good
middling 5 2-32; midding. 1-32; low
middline, 5$s good ordinary, 14 ordi-
nary, 1-16. The sales of the day We're
1900 bales. of which 10000 were for
speculation and export, and included H.
400 bales American. Receipts, 600O bales,
including 4.4uO American.
Futures opened quiet and closed steady:
American middling. !. m. C., June, ) 31-e4
90 32-G4. buyers; June and july, 1864,
sellers: July and August, 2l-6t, sellers;
August and September, 5 11-G4, sellers:
September and October. 51-64. sellers;
October and November, 4 a5-64G1 1854,
value; November and December, 39-G4.
sellers: December and January, 4 36-64G
4 3I-64, sellers; January and February,
4 1864 sellers; February and March,
4 3G-64, sellers; March and April, 32-640
1854, buyers.