The age-herald., 1901-07-23
COTTON PROVED ,.
 QUITE IRREGULAR Sentiment Was Mixed from Start to Finish JULY OPTIONS WERE FIRM There Was No General Public Support and the Bulls Were Slow to Take
 the ,.sgressive-The Close
 Was Quiet.
JULY OPTIONS WERE FIRM

regular movement all. udy diu iocdi Sen- timent was mixed from the very begin ming to an unusual degree. News was ! conflicting, while business from the out side was not sufficiently regular either way to allow of room traders depending on 1t for backing. The opening was bare | ly steady, with prices unchanged to $ points higher, poor response to better English cables than expected, port re- ceipts and favorable advices from South ern spot markets. Soon after the call liquidation set in on quite extensive lines and forced prices rapidly lower, the de- cline at one time reaching points. Re ports of light showers to hard rains in parts of the central and western belt created distrust in bull circles, and prompted bear selling for a small turn. Before midday the market was on the up | ward turn. New Orleans stiffened up quite sharply in the early afternoon and sent number of buying orders. half of l which tended to strengthen bull conil- dence But in the absence of liberal pub | lie support the bulls were slow to take the aggressive and late events proved to be of a most matter-of-fact order. The I | all the Southwest except Western Texas, which will remain clear and warm. Private crop accounts from Texas were | conflicting Clearances for exports today were g, 900 bales and included 10000 bales from New York and 1000 bales from Gal weston for the continent. July options held relatively firm position to the rest of the list but was very dull the rest or the day.
 The close was quiet, with prices net 2 points higher to eight points lower. New York, July 22,-Cotton quiet; mid ] ding, SIS; net receipts, 256; gross receipts, | 2.2O7; sales, 7,200; stock 186,917; exports to Great Britain, 3OO Continent, 6,S92
 Total today: Net receipts, 6,1sS; ex- ports to Great Britain, 6,300; France. s. | 218; Continent, s,967 stock, 3S2,5S5. | Consolidated; Net receipts, S,943; ex- ports to Great Britain, 1928; France s. | 21S; Continent 19,SS2,
 | Total since September 1: Receipts, T. l 400, COS; exports to Great Britain, 2,973 ,9S3; ! France, 715,S25; Continent, 2,5O4,359.
 New Orleans Cotton Market.
 New Orleans, July 22.AThere was not much doing in the market for spot cot ton. Buyers were moving about among sample rooms quietly but did not appear | overweighted with orders for execution, and, as factors show no great anxiety to coax a free movement by shading down their asking prices the trading was de- cidedly slow. Sales, $50 bales, including 500 to arrive. Quotations unchanged. l The market or contracts was far from l active today even the October and Decem- 1 Der positions being sadly neglected. Trou- ble with the telegraph wires was, in great part, responsible for the dearth of trading as local operators seemed dis inclined to move freely without full in- formation concerning the trend of senti- ment at Liverpool and New York
 The market opened barely steady at a decline of eight points from Saturday s figures underwent a few faint variations and at the close showed a net loss of two to four points on the day.
 New Orleans, July 22.-Cotton easy; sales $50. Ordinary, 6hc; good ordinary, 6 13-16c; low middling, 79sc; mddling, S1sc; good mddling SAC; middling fair, 9c nominal. Receipts. 329S; stock, S5,151. | Consolidated statement: Net receipts S943 exports to Great Britain, 1923; exports to France, S2lS; exports to the continent 19,SS2; stock, SS25S5
 New Orleans, July 22.-Cotton futures steady; July, S.16 bid; August. 7.90 bid September, 7.54@7.56; October, 7.4307. A | November. 7.4317 A; December, 7.4397. A January, 7.46d7. 47; February, 7.4S97. 50.
 Daily Statement. ,&,. alveston-Nominal; middling, S19c; re- | ceipts, 1245; stock, 46, A.
 Mobile-Nominal; midding, S1sc; receipts Il q