The times. [volume] (Richmond, Va.) 1890-1903, 1901-01-31
COTTON MARKETS.

NEW YORK, Jan. 30.-COTTON-Bea5
convictions and ideas We're upperLnost IN
the local cotton market to-day, and under
tremendous selling for all accounts prices
tunbled badly. The fluctuations IN the
general list far exceeded those OF any DAY
of late, and the narrow rut recently fol
lowed by the market IN general was
abandoned
The January deal, however, hardly
budged throughout the decline, being sup
ported by the clique and urgent demand
from beated. On the opening call the
market was barely steady, with January
) nointS higher and other months I'M
changed to lower. LIVERPOOL cables
proved disappointing, while the move
ment of the crop overtopped forecasts
Selling for short account soon set in. but
not until the early afternoon was there
any positive indication of weakness
among outside holders. Then stop-ordcrs
We're reached and long stuff came out
Everybody seemed to have cotton to SELL
while buyers were hard to find. Turns
for profits from time to time by room
shorts were invariably followed by fresh
selling and further heavy decline IN
prices.
For a long time the march option had
the support Of several prominent opera
tors, and the parity with May was wild
ened to II points. but before the close
even that month gave way to the ire
menGous pressure from all sides. From
opening to closing speculation was active,
with which Europe, the South. wire inter-
cSlS, w dll olicct anu lOCftt pdtllcS HGiS
identified as active sellers.
Around the close buying on the reac-
ton theory was INDUCED in The market
was finally easy. with January nominal
lower.
COTTON-spot closed, dull and irregu-
lar: middling uplands, l2c.; middling gulf
PIC. sales. 4.I53 bales.
Futures opened barely steady: January
11.90: February. $40; March, 9.36; April,
90; May, 81: June go; July, 917;
August. S.S7: September, $40; October,
SIT: November, sos; Decembcr3 SEQ.
Futures closed easy; January nominal;
February, 925; March, 9.19; April go;
May, Oil: June, 904; July, 9.04; August
S.7i; September, $50; October, sos: No
vember, I.95.
COTTON-Dull; middling, 12c: net re-
ceipts, 7.121 bales; gross, 21,417 bales;
sales, Abb bales; stock, 1876, 1877 bales; ex-
Continent, 416 bales.
Total to-day-Net receipts. 39.141 bales;
exports to Great Britain, l0,olS bales: to
France, S,2G3 bales: TO the Continent, go
bales; stock, 91S,SSS bales.
Consolidated-Net receipts. 143 204 bales
exports to Great Britain, II ,261 bales: to
France, l3.3G2 bales; to the Continent, 2O,-
o36 bales.
3,2S3,S3;T bales exports to Great Britain,
1,913,32i bales; to France, 4I4,622 bales;
NEW ORLEANS, Jan. 3O.-COTTON-
Futures closed barely steady; February,
2.os@a. 10; March. 9;os@9. 90; April, 1850
9.07; May. 9.030t9.06: June S.99GI9. 90:
July, S9l@s.97; August S.57QS.5S Septem-
Der, S.14GIS.20.
LIVERPOOL, Jan. @O-COTTON-Sp
dull: prices easier; American middling
. 1-16d. The sales of the day We're 1000
bales, of which 500 were for speculation
and export. and included 6,J00 American.
Receipts, $4,000 bales, including 1T,4OO
American.
Futures opened quiet and closed steady;
American middlng, l. m. c., January,
20-G4d, value; January and February
> 19-64d.. sellers; February and March,
> 15-G4@5 16-64d.. sellers; March and April
. 13-6ido 14-6id., sellers: April and May,
l1-GiMl 12-G4d,, sellers; May and June,
. 9-G4@5 10-64d., buyers; June and July
lid, buyers; July and August ) 4-64GD
! a.6id, buyers; August and September.
4 46-6fd., sellers: October, G. o. c.,
4 35-G4d.. nominal: October and Novem-
Der, 4 2S-G4d., nominal.