The times. [volume] (Richmond, Va.) 1890-1903, 1901-01-03
cOl"rUN MARKETS.

w \
co++on market to-day was declueuiN moie
active than in some time, Wflie tlle SIS
SION. as d WnO.e. rejected Il ieeui II oh ~
time investment speculation; - -.
in general was of a friendly character anu
" All street G!Sp4dyeu more Aiit~-~"e u q
substantial SOFT Than since election DAY.
The market started steady in tone, WIN
prices l to d points higher, ana loi d tiAic
was comparatively quiet, though SdlaSi
ing strength was clearly mani Tested Inc
early English cables were considerably
better than looked for, while domestic
news from nearly every points favored a
firmer market. Shorts We're IN nasty re
treat at the end of the first half hour, ana
in their efforts to reach cover were lore
ing values upward sharply.
Later in the forenoon bull speculation
on fairly general lines came to the front,
with the result that net rise OF 10 10 II
points was apparent at noon. southern
SPOT markets were reported higher, with
holders Offering little cotton of gradt
suitable to the needs of the domestic mills
or exporters Receipts We're smaller.
Early in the afternoon the market again
gave a demonstration of inherent strength
by advancing even more rapidly than IL.
the forenoon on public confirmation of
the morning reports that spot cotton was
higher in the South. Fears Of higher
shorts to reach cover.
Bull sentiment reached a high pitch, and
investment buying in the last hour was
the feature of the days trading. The
March and May options were the centre
of attraction. Closed steady a to 80
points higher
COTTON-Spot cotton closed dull at &c
higher: ,nidGling uplands, 1oisc.; middlins
gulf. 1C3Sc.: sales. none.
Futures opened steady at the advance
January a.72; February, 9,51: March, go
April, 946: Nav. $40: June, 9.3S; July
934: August 0O2: September, $50; OctO
her. $40: November. 500.
February. 9.G4; March. 9.G1; April, OBJ
May 90: June 952; July 94S; August
9.17; September, S.5G; October, S.24.
COTTON-Dull: middling, 1Oil: net re
ceipts. 1859 bales: gross. 6.S79 bales
stock. $3.50 bales: exports to Great Bri
tain. $50 bales: to the continent. COO bales
Total to-day-Net receipts. 2i IHI na leS
exports to Great Britain. 13.93l bales: t
the Continent. 1.010 bales; stock, 96062''
Consolidated-Net receipts. 1882 bales
EXPORTS to Great Britain. 3S.Ol9 bales: t"
France 81 bales; to the Continent. 1854
rota, since Sentan,l,er ;st-Net receipts
571 81 bales: EXPORTS to Great Britain
.677 O73 bales: to France. 3G5.O9O bales
to the Continent. 1,19S,2iS bales.
NEW ORLEANS, Jan. 2.-COTTON.
Futures closed firm; January, 9.32a9 % :;
Is
April. 9.4JM9.47; May, 9.44G943; June
9434945; July, 9.41G9,43; August, 5000
900.
LIVERPOOL. Jan 81 P Moot
TON-Spot fair demand: prices 132d
higher: American middlng. fair 13-16d. !;
good middling, 53Sd.: middling, 1l-332d. :;
low middling. 11-32d.; good ordinary
sgd: ordinary. 4 27-}2d. The sales o.
the day were 5000 bales. Of which lo'
were for speculation and export and in
cluded 1900 bales American. Receipts
since last report, 10000 bales, including
SIS. 600 American.
Futures opened firm and closed steady:
American middling l. m. c.. January
:, 2S-64Mo 29-64d.. BUYERS; January and
February ; 25-646J 26-64d., buyers: Feb
ruary and March. ) 22-64d., sellers: March
and April ) 19Gtd.. value: April and May
:, 1G-e4d.. buyers; Nav and June. > 14-64d
sellers; June and July > 1lii4d., BUYERS
July and August + .S-6tn4 5g-64d.. sellers
August and September, 5I-Gt@i oS-G4d
sellers.