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

and the market finished Irregular and
easy a. a net advance or IA to- "a points.
OBSERVATION-DISCLOSURES at the Cotton,
Exchange "a n high again to-day at one
time prices showed a4net rise of is to 80
points, after the market had opened 3 to s
points lower. The carly cables were dis
appointing. and the local contingent was
a little inclined to sell until it became
apparent that the zSpecuia tive public was
sstiil on the buying hand.Siwith "a limitlcss
desire for absorbing cotton. European
operators were heavy buyers, although
the demand was general. a NVall-street
house, which was q heavy seller yeSter-
day, was a heavy buyer to-day. II has
changed front SO many times that local
traders were puzzled as TO the actual re-
slations OF the house: to the market at the
present time. There is said to be large
Short interest," in March cotton: me local
traders are nervous, ana $Whlle more or
less in sympathy. with any further au-
vance n t the present time, remain afraid
to short the market, tearing Ina1npuiduon
and the effects of renewed speculative
buying by the public bull interests, win
the statistical position still exceptionally
strong. except for large receipts. .Iaik
of increased acreage and heaEy ieItinLer
purchases was a factor which held athc
new crop positions in check. Inc excite
ment increased as the session advanced
Just before the close, however. there was
a period of reaction under enormous real
izing. which caused 4 sharp decline from
the top. The market finally closed easy
and irregular ia net advance OF II 10 -
points. The sales of the day are eSu-
mated at one million bales, this being
the largest business. with a few excep-
tons, in the history of the cotton market.
COTTON-Futures opened steady at the
advance; March. S.95; May, So; June,
S.91; July, So; August, $50; September,
SIS: October, 7.S5; November, IT'S; De-
cember, 7.13
Futures closed easy; March, 9oS; April
May and June. 900: July, $40: August
9.04; September, S-36; October, 7.96: No
vember, 7.SG; December, 7.SI; January
7.SS.
Spot cotton closed steady at 4 higher;
middlins uplands . 5-l6 mddling gulf.
GIG; sales, 1,125 bales.
COTTON-Quet middlng, 9 SIG; net
sales. l 10, bales: stock, 1C, $40 bales; ex-
ports to the Continent. 4.17s bales.
exports to Great Britain, G,o2S bales; to
France. 6.31l bales: to the Continent, 30
sGS bales; stock, 94s,232 bales.
Consolidated-Net receipts, 121 225 bales;
exports to Great Britain. 95.72S bales; to
France. II, 400 bales; to the Continent,
54.574 bales.
Total since September 1st-Net receipts.
5.4iSS47 bales: exports to Great Britain.
1,5II,22I bales; to France, 5SI $3.50 bales;
to the Continent, 1,I9S, SOL bales.
NEW ORLAENS, LA, Feb. oS.-COT-
TON-Firm: March. $50; April, 9.02@903;
May, 9.02@9.03; June 902G9.G5; July.
9.026903; August. S.S3GS.S4: September,
S.126S. IA; October, 7.i4Gp7.75; November,
7.G5 bid; December, 1.b1G,i65; January,
7.66.
CHARLESTON, S. c., Feb. cS.-COT-
TON-Steady; sales, none; middling,
lu-16
LIVERPOOL, Feb. 2S.4 P. Moot
TON-Spot in moderate demand: prices
1-32d higher; American midd,!ng. fair,
> 7-16; good middling, 81; middling,
3-1G: low middling,~5 Jig; good ordi-
nary. AS; ordinary. i Lie. The sales
of the day We're 5000 bales. of which 500
were for speculation and export. and in
Guided 1900 American. Receipts, 1900
bales, including 1000 American.
Futures opened quiet and closed steady
at the advance: American TiddlinS, !. m:
c., 5 6-64; March and April, . :'-6i; April
and May, 1 63-64Gl. buyers: May and
June. 4 60-G4G4 G1-64, value; June and
July, 4 5S-64. buyers; July and august,
56-6i, sellers; August and September,
4 49-G4Gl4 50-64, buyers; September and
. October. 4 al-Gi: October and November,
+ 21-6i, sellers: November and December,
i6-G4, sellers.