The times. [volume] (Richmond, Va.) 1890-1903, 1900-07-17
COTTON MARKETS.

NEW YORK, July 16.-EOIION-Eariy
events on the Cotton ENcL1hSs we're eA-
citins, and thoroughly dtShedrtenlnS 10
the bull forces, which suffered 50 severciE
in Saturdays selling movement. Nearly
all the influences bearing upon lhe MIR
ket were again against pr1ce improve
ment. In view of the heavy decline anu
enormous unloading on that day the bulls
looked for a natural reaction this morn
ing. But the cables We're weak the crop
news good and the weather reports nearly
all that could be desired. Moreover, the
news from China was such as TO prevent
fresh Investment buying Tor OUTSIDE ac-
count. With Liverpool futures down .t42
TO Gta points. and spot cotton OIL sd
our market opened easy with July : points
higher. There was a slight further de-
cline Immediately after the call, and then
a brief period of hesitation, followed by
sharp rise in keeping with turn IN the
tendency of prices abroad. But before
midday the market had developed fresh
weakness, and, under heavy seillS Tor
both accounts, dropped rapidly TO the
lowest level of the morning, a net decline
OF s to 10 points. Europe SOLD large
amounts Of summer month cotton mere,
and the South sold the new crop posi-
tons Predictions that to-moTrow,s Gov
ernment crop report and weather state
menl would be u most dec:u.M Dearlsn
argument helped to weaken sentiment IN
bull quarters. The short time policy OF
Fail River mills was regarded as Dul
temporary relief for the conSested clolh
situation at home, while southern minis
rial and manufactured goods. with lew
orders. During the early afternoon the
market was speculatvely nat and lea
tureless, and the late phases We're not
specially interesting. The close was
steady, with prices net to points
lower.
COTTON-Futures opened easy; July,
$50; August 9o9; September. S.59; Octo-
Der. Sos: November $40: December. 500:
January, 500; February, Sill; March,
S.14; April and May, SIS
Futures closed steady: July, 9,o3; Au-
gust, 9OS; September, SIS: October, SIS;
November, S.l2; December, S.O9; January.
$40; February, S.12; March, Sill; Apfll,
SIG: May. SO.
Spot cotton closed quiet at $40 de-
cline; midding uplands. 3 1916; do. suit,
TO 1-l6; sales, LILO bales,
CoToN-Quiet; middling, 1916; net
receipts, 90 bales; gross, 4, l34 bales; sales,
II, il: bales; stock. 3S,94S bales.
Total to-day-Nct receipts. los bales:
exports to Great Britain, 5.646 bales; to
the Continent, 1919 bales; stock, 162,2S6
bales.
Observation-Disclosures receipts, Il $50 bales;
exports to Great Britain. S,l90 bales; to
the Continent, 1923 bales.
Total since September 1st-Net receipts.
6.421 .937 bales; exports to Great Britain,
:, DC, 2237 bales; to France, 633029 bales;
to the Continent, 2,G55,49l bales
NEW ORLEANS, July 16.-COTTON-
Futures quiet and steady; July, 2.91g
99S; August, 9.34Ql9.;5;,; September. S.,,2u
S.j3; October, S.101S,1l: November, l.9lg9
1856; December, 73i0I95; January, 1:44g
I.95; February, 1.96G7.9S; March '.9S4
500; april, S.0o@S.02. May, S.o2qS03.
LIVERPOOL, July 16;;-CoTToCN-spot
business small; prices lower; American
middling. fair, 6 i-1Gd.; good middl!ng,
. op-;SS:,;; midding, ) 23-552; low lniddling'
) 1872; good ordinary, 19-32; ordinary,
5 81 The sales of the day were 1900
bales of which 500 were for speculation
and export and included 1900 American.
Futures opened easy and closed steady;
American midding, l. M C., July, . ;i,'- t.,
MJ 34-64, value; July and August, 25-o4'
buyers; August and September, 3,6t,
sellers; September and October oi-ai4
1 55-Gl sellers: October and November,
4 4I-G4d4 42-64. sellers; November and
December, 4 35-64G4 56-Gi. sellers; De
cember and January, 53-G4, sellers; Jan
uary and February, i 31-G4, sellers; Feb
rIIarv and March. 1861, buyers; March
and April, i 2S-64lt4 29-6i, value