The age-herald., 1902-04-29
COTTON MARKET
 MAKES ADVANCE Close Was Very Steady With Gain of II to 20 Points TRADING ACTIVE ALL DAY Southern Spot Markets Were De. serlbed as Strong and 1.1s to "A
 Higher on Better Demand
 From Exporters.

NONNCAA ket opened steady, with present crop months Il to 14 points higher and new crop months to 10 points higher, in re- sponse to strong Liverpool cables and very bullish information from domestic cotton centers. Shorts and commission houses were large buyers at the high prices, while Europe. the south and the west bid eagerly for liberal blocks of July and August cotton. The English market was due to come about 1 point higher to be in keeping with Saturdays final developments here, but at the time of the opening in New York was net to 41k higher.
 Spot cotton was up another 1-S2d to 11-32d for American middling. Port re- celpts were very light compared with these of year ago. Southern spot mar kets were described as strong and 1-16 to A higher on better demand from export CTS, as well as from domestic spinners. Crop reports reflected a general decrease In acreage, smaller use of fertilizers this year than last. and delay of about two weeks in the season. Rumors that cotton goods prices were higher and that dry goods markets here and abroad were firm and helped to strengthen bull confi- dence early in the day. Though profit taking around 9.60 for July for time held the market in check, the whole list stiffened up in the late session to the basis of {. 9.e4 for July and to $40 for Au- gust on fresh scare of shorts and brisk new buying Trading was active all day, with the close very steady at net ad- vance of Il to 20 points.
 New York, April 2s.-Cotton quiet, mid ding 9H; net receipts 524; gross 11,628; sales 600; stock:
 Total today: Net SPA; exports Great Britain 12, 490; continent 12,252; stock 549,- 937.
 Consolidated: Net receipts 21,351; ex- ports Great Britain 23 737; France 761; con- tinent 2S,S93.
 Total since September 1: Net receipts 7,lS1, ,102; exports Great Britain 2S6O,SOS; France 674,62O; continent 2,S74,1o1.
 New Orleans Cotton Market.
 New Orleans, April 2s.-The spot cotton market Is very firm and the sales made were at full board prices. Many factors now express the belief that middling cot ton will 20 to 10 cents in less than ten days. Sales 7250 bales, including 4OOO to arrive Quotations advanced b on all grades Futures today made another jump at the opening of the market In line with the strenuous advances of last week.
 No sooner had the gong sounded for the first call than pandemonium Droke loose at the pit, shorts showing them- selves to be more than anxious to cover even if they did have to pay fancy prices. The opening showed gains of to l3 points on the summer months.
 Holders of cotton watched the price 20 up with smiling faces. It Is now gen. orally acknowledged that the crop will not go much over 10, 900 bales and such a crop means almost any price before the season is over. Belief in short crop and the bureau estimate has been shaken many times during the season but those who hold cotton now have the whip hand over the shorts.
 In spite of fairly heavy realizing the market continued to improve and at the close the board showed net gains on the day of IS points; 97S for April, May gain ing F points, June and July each 16 August IT, September 15 and the other positions to g points over Saturdays closing
 New Orleans, April 28.-Cotton futures firm; April 9.78G9.80; May 9.yn9.SOi June g. .S3d9. .s4; July 9.Ss@9 .S9; August 9.4S@ 9.4s; September S.6s@S.69; October S.21@ s.22; November 8.09Qs. 10; December 8.0s@ S.10.
 New Orleans. April 2S.-Cotton strong; sales 725O; ordinary 8 7-16; good ordinary s 15-16; low middling 5-16 middling 11-16; good middling 1O middling fair 1O%; receipts 37s9; stock 1ss,414
 Daily Statement.
 Galveston-Firm; middling 9k; sales 1116; receipts 1046; stock 59293.
 Mobile-Nom middling 9ss; receipts 20; stock 9960.
 savannah-Firm; middling 91k; sales 40O; receipts SIT; stock B, ,090.
 Charleston-Firm; middling 9A; receipts 16O; stock 1470.
 Wilmington-Firm middling 9A; re- ceipts 641; stock 15,012.
 Norfolk-Steady; middling 9A; sales 5; receipts 257; stock 26S75.
 Baltimore-Nominal; middling SIS; re- ceipts 128; stock 11,547.
 Boston-Quiet and steady; middling 11-16; receipts 2729.
 hiladelphia-Steady; middling 1Ois; stock 6633.
 St. Louis-Fifm; middling 91a; sales 1885; receipts 927; stock 3S,2S9
 Memphis-Firm; middling 911; sales 1000: receipts 2278; shipments 2302; stock