The times. [volume] (Richmond, Va.) 1890-1903, 1901-02-19
COTTON MARKETS.

NEW YORK, Feb 1S.-Friends OF cot
ton had a trying day on Change, whlle
the bears scored successes the equal OF
which have not been noted in many
weeks. The feature OF to-day S operations
was the liquidation OF March holdings
by thoroughly disheartened longs and the
persistent selling OF near months pS tile
bear interest in general from the staiI
operations were conducted on llOeral
scale with presen> crop options receiving
the bulk of attention.
The English cables were much better
than looked for, while receiots at the
ports proved to be barely those OF the
same day year ago. There were lie"
March and May on the theory that re-
action from the break OF last week was
in order. The market opened steady IN
tone, near months points higher to I'M
changed. and far months unchanged to
! point lower. The stability was OF brief
duration, as soon after the call great
blocks of March cotton came out hur-
riedly, which started active liquidation
of May and July.
General selling on u large scale was
soon in force, and under this pressure
prices crumbled rapidly. liverpool OPP
posed the weakness here for a time, but
subsequently concerned to the lower 1lS-
ures and closed well down to the hgures
current Saturday noon here. AT midday
prices had recovered some on protit-tak-
ing by pit shorts, but later the market
again turned weak under fresh squirt
OF general selling and the absence OF de-
mand of any character.
The estimates for to-morrow's receipts
at leading points were in accordance with
general views. and Spot-market changed
as expected.
Wire and commission-houses We're lib
eral sellers all through the decline.
Europe bought at the start, but later be-
came a near-month seller. at the close
the market was barely steady to u
points higher
TnTT0N-Snnt Cllipt at IL
lower; middling uplands, 8 5-1Gc.; mid
ding gulf, . 9-16c.: sales, 400 bales.
Futures opened steady; February, 500;
March. sos: April, Dol; May. 9.03; June.
S.96; July, 900; August, SCI; october,
SOB
Futures closed barely steady; Febru-
airy, SIS; March, S,s4; April, s.sG: Nay ay
September $50; October, 1855; November,
7.SS; December, I.S4.
COTTON-Quiet; middling, 5e16c; net
receipts. GG6 bales: gross 3s93 bales;
sales, 800 bales; stock. l46,4 AL bales; eX-
ports to Great Britai in, 36 bales; to the
Continent, 300 bales.
Total to-day-Net receipts. 26.531 bales;
exports to G-sat Britain, 1S,la3 3; bales; - TO
France. $40 bales: to the Continent, IT,
500 bales; stock. $50, 1898 bales.
ConSolidated-Net receipts. 4i,Sl6 bales;
exports to Great Britain. 13.412 bales; to
France, S.775 bales; to the Continent, 90
80 DaleS.
5G4G,67 bales: exports to Great IT, Britain,
Oil. $50 bales; to France. 4;'S.!9 pales;
to the Continent, 1,593,67I bales.
NEW ORLEANS. Feb. 1s-cOTToN--
Futures steady: February $50 S. bid bid;
March, S.SSGS 50: April. S.S6GS.SS; May,
SSGmS.sS: June S.S4GS.S6: July. S.S41S.S3;
August, S47MS.49; September. 1S99'.9o;
October. 7.GI@7.G9.
LIVERPOOL. Feb. 1S-4 P. Moot
TON-Spot moderate business: prices
barely steady: American middllng.
5 11-332d The sales Of the day were 5000
bales, of which 800 were for speculation
and export and included 100 American.
Receipts. $4,000 bales. all American
Futures opened quiet and closed steady.
American middling m: :, C.. hen quar-
: 33-G4d.. value: March and April. . 9-64d..
value: April and May, 1-64ma 3-6ld,,
BUYERS: June and July. 5 5000 G-64d.,
BUYERS: July and August. :'-64ol3 it'd.
BUYERS: August and September, 1 3i-64Gs
4 :;5-G4d. buyers; September, 4 54-64@
4 :,5-Cla., BUYERS: October. Q: &c G,
i ;S:3,-6id., nominal: October and Novem-
her o o. c., 4 3j-G4d., nominal.