The times. [volume] (Richmond, Va.) 1890-1903, 1900-09-11

Jumbos, e. pound fancy l,and-p picked,
3Ac.: extras, " G2211sc.;; third grade, ia
s@2c.; no. a Virginia sl1elled IS 3zzta3llsc;;s
No. sza i|.1n
Mo-, s22sllc
COTTON MARKETS.
s NEW YORK, Sept. 10.-COTTON-The
intensity Of excitement and ACTIVITY of
speculation on the Cotton Exchange to-
day were without parallel. Fluctuat tons
far exceeded anyt thing recorded, the eN-8
squent and violent. The market opened
irregular and excited, with prices 43 to
81 points higher on an Irresistible rush
OF buying In which every branch of the
trade took part Sellers were few and far
between, and, without exception, parties
having heavy profits within .Teach., M any
+ OF these Immediately took the pull SIDE
again, and were still long at the close
tonight.
Fol lowing the call the market see-sawed
at a th-taking rate, with the move
toward higher prices. AS the morning
progressed speculation increased until
the market was beyond the control OF the
nerve-trying bulges. which kept opera
tors Of no matter what BELIEF, on the
jump to keep pace. The English market
yate cables showed complete chaos in
Liverpool, with the bulls being FRIED
along by the advance. On the local .ex-@
$50 Saturday night. The best level of the s
later months was so to Il points above
Saturdays final figures: The foundation
OF bull ideas and the chief cause OF the
terrific bull speculation was the news
that the best section OF the crop country
had been swept by tropical storm, the.
equal of which. was not known Reports
from CentralsTeXaS were vague and to-
tally unsatisfactory, which tended TO IN
crease the. fears Of the shorts and the
big crop theories in general
F Liverpool was similarly influenced. as
well as the New Orleans market. Esti-
mates pointing to loss Of 'aeooo 10
100000 bales, and the encouragement
that spot cotton was IN enormous s asihai ~
South at 1a0pAc. higher intensified the
convictions OF the bulls that the@GoNeril-
ment report would have comparatively
little influence
and Gay L. Schlner We're announces.
slnese brokers being caught short by the
opening rise. The announcement OF theli
suspension did not seriously disturb ,le
market as they were known to have I'M
important obligations outstanding
The bull fever reached its he!sht IN inc
last hour, and,a under q sight hurry OF
profit-1akings near the close, prices se1lieo
back a few points.
with prices net AZ to 80 points higher.
Estima,es placed the to 81 AIN ,Ss ban
al LIST, 900 bales. or. loO,O more alNd!i
ever before recorded.
COTToN-Futures opened Irregular;
September 9-9o; October, $50; NovemDer'
9IJ; December. a.6s; January, ~, Ieo-
ruary, 965, March, 900 April. $50; May,
yGO; June, 9.33 July, 9oS
Futures closed irregular and %eXclted'
September, 1910: October, 1904; Novem-s
Der, 9.s22; December. 9.63; January, 9.62;
February, 9.5S; March, 957; April, 900;
May 80; june o es9' Juy, NOD ;,tfd1ne up-
lands, 1925; middling gulf, los; sales, 700
bales.
receipts, s,o4o bales; sales, 49, bales;
stock. y. 5o1 bales.
Total to-day-Net receipts, l1,o34 bales;
exports to Great Britain, So bales; 70
france, 1913 bales; to the Continent 4'G9o
bales; stock, l24,256 bales.
Consolidated-Net receipts: 26.3O4 bales;
exports to Great Britain, 6,o62 bales; TO
france 943 bales; TO the Continent, 400
bales.
Total since September 1st-Net receipts,
ISL bales; exports to Great Brltain,
10, II bales: TO france, 9io bales; 10 the
Continent, 10,i91 bales.
NEW ORLEANS, LA, Sept. 1o.-COT-
TON-The New Orleans cotton market
Saturdays closing. the feature OF the day
being the cornering OF the spot market by
w. P. Brown & Co., the leaders OF the
New Orleans bull movement. Brown q
u
New Orleans amounting to $500 bales,
and are said to have sold 5000 bales at
Liverpool at the top figure, the highest
price since October A, 1881. They are also
reported to own 10000 bales now afloat
for Liverpool. Falling in with New York
and Liverpool, the New Orleans market
showed an opening average ranging IRON
IL points on May contracts to 90 points
on November, the current month showing
a gain on the first call over Saturday
closing OF ID points, or $40 per bale
10, -, Iitr1t
large hquidating movement, but the re-
covery was quick, and prices sti1fened,
with the upward tendency decidedly man.
lfeSt again.
Futures irregular; September, 10.IS@
1851: October, y.9Ult9.91; November, 9.64
@9.65; December, 960@9.61; January. 9.6O
@961; February, 9:GoG262; M l:Ga *; o.olse
LIVERPOOL, Sept 1O.-CoTTON-Sp
in limited demand; prices higher; Amer1-
Z 5-16d; middling, 7Ad L: &c. low middhng'
l5-5zd The sales of the day We're 5000
bales, of which 500 We're for speculation at on
and export, and included 1,400 bales
american. Receipts, 5000 bales; no
American.
Futures opened excited and closed irreg-
ular; American middling, l. NJ G., Sep
TENDER, 656-64d., buyers; September and
October, 63-64d.,5 sellers; October and
November, 523-64d, sellers; November veei no..
and December. 8 17-64M5 lS-64d., sellers;
December and January, l3-64d., buyers;
January and February, 5 lO-649o l l.
sellers; February and March . s-G4d:'
s ss1Iers N Madin an aho Mag lad buyers
Nav and June, 5 2-64d, sellers; June and
July. 3D.. buyers; July and August
62-6ld., buyers.
partment Of Agriculture, showing the
general average condition OF, cotton on on
September list, was not receives adh u