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

NEW YORK, Feb. 1.-COTTON-Th
cotton market showed unmistakable signs
of inherent strength from the opening to-
day, and at no time did prices approach
the final figures of yesterday For the
most part influences swung quite around
to a bullish view point, while speculation
changed from radically bear character to
confident bull operations.
On the first call the market was firm,
with prices to II points higher. A furry
of sactive buying from all quarters held
prices at about 3 points above last nights
closing, after which a dash for profits cut
down the lead some > points. But the
market soon recovered and gained addi-
tiona Roadway on a scramble of local
shorts for cover and constant buying for
foreign and southern account.
The Liverpool news was easily the DOM
mating influence, showing much greater
response to last nights tirmness here
than expected, while the private cables
declared Ellyson had come out with a
decidedly bullish statement. Port receipts
fell off surprisingly, those for the day
being 1880 bales, whereas much larger
figures had been expected.
The private southern advices reported
that the weakness of late speculative
marl1ts had in no way impaired the
strength Of cotton holders, and later Off
cial reports indicated practically no
changes in prices. Predictions from the
South pointed to continued light receipts.
The market was finally quiet and steady,
with prices 10 to - points higher.
COTTON-Spot cotton closed dull and
irregular at 1c. lower; middling uplands,
1oc: middling gulf, 1OAc; sales 900 bales.
Futures opened firm; February, 9.36;
March, 9.2o: April. 9.25; May, 9.19: June.
80; July, 9.12; August. $50; September,
So; October, SOS; November, 500; De-
cember, 500.
Futures closed quiet and steady; Feb
ruary. 9.3So; March, 9.31; April 9.21; May,
9.22; June, GIG; July. 9.1I; August. $50;
September, SIS; October, SIS; November,
sol.
CCTTON-Dull at 1oc.: net receipts.
1924 bales; gross $500 bales; sales, 900
bales: stock, 1856 bales; exports to
France, 200 bales
Total to-day-Net receipts. 1855 bales;
exports to Great Britain. D. 63S bales; to
France, 6030 bales; to the Continent, 21,-
1914 bales: stock. 500. S37 bales.
Consolidated-Net receipts, 191 GAG bales:
France, 22,52:; bales: to the Continent,
exports to Great Britain 72.5S3 bales; to
$3.50 bales.
Total since September 1st-Net receipts,
1881 $50 bales; exports to Great Britain,
20OG.S49 bales: to France, ,7SO bales;
to the Continent, ,41o.115 bales
LIVERPOOL. Feb 1.-COTTON-spo in
fair demand: prices 1-32d. higher: Ameri-
can middling, fair, > 25-32d; good mid
ding. ) 13-.2d.; low middling, SID. good
middling, 5lad.; good ordinary, 3D.; ordi
nary. 4Ad. The sales of the day were
5000 bales, of which 500 We're for specu-
lation and export, and included 100
American. Receipts, $4,000 bales, includ-
ing l2,1OO American.
Futures opened quiet and closed firm;
American mddling, !. m. c., February,
) 2O-G4d., sellers: February and March,
5 17-G4d., sellers; March and April,
) 15-64d.. sellers: April and May. 12-64d.,
sellers: May and June, ) l1-G4d.. sellers;
June and July, ) Slid. buyers: July and
August. ) ,-Gi05 G-G4d.. buyers; August
and September, 57-G4It4 5S-G4d., buyers;
September. 4 I7-64Gl4 JS-64d.. buyers;
ctober. 6. o. c.. '1-Gid., nominal: October
and November. 4 SO-64d.. nominal.