The age-herald., 1902-01-19
FAIRLY ACTIVE
 COTTON MARKET Everything Worked Against Prices But News Was BuIIiSh SOUTH BOUGHT SMALL LINE Closed Steady, Points Hlgher-Wall Street Bought on Every Slight
 Reaction--Room Operators
 Went Long Over Sunday.
SOUTH BOUGHT SMALL LINE

New York. January 1S.-The cotton market opened steady with prices to points higher on fairly active demand from local shorts and commission houses. After the call Wall street and the South bought along conservative lines and Eu- rope picked up scattering amounts of the near months. Everything worked against the market today but news was of strong bullish average. Receipts at the ports were much smaller than the average of late and only about 5000 in excess of those the same day last year. The Liverpool cables were about 2 points to the good" while private advices maintained that trade conditions in Manchester were the best known. England mill reports were quite encouraging though spinners were said to be carrying comparatively light supplies of raw material. The predic- tions for next week port receipts pointed to 175,O00 bales or less, with an Insight but little, if any, in excess of last year. As against 8.14 last night May opened at S.19, advanced to S.20 and then eased on a trihe later only to again stiffen on moderate general buying. The South and Wall street continued to buy on every slight reaction; room operators settled up short accounts and went long over Sum- day.
 The market closed steady, net to T points higher.
 New York, January 1S.-Cotton quiet; midding 8 5-16c, net receipts 24O, gross re- ceipts 35S6, sales 21S stock 13l56
 Total today: Net receipts 27,441, exports to Great Britain 436S to the continent 91 TIT stock 976 0b5
 Consolidated statement: Net receipts 27, Al, exports to Great Britain 1888. to the continent 21,15.
 Total since September 1: Net receipts 5,391, ,s9O exports to Great Britain 2,049,922, to France 509,245, to the continent 1,4S7,SlS.
 New Orleans Cotton Market.
 New Orleans, January 1S.-The market for spot cotton ruled steady with fair volume of trading for the half holiday. The sales were 3550 bales, including 45o to arrive. Quotations were unchanged.
 The market for cotton futures devel- oped but a moderate amount or uadlng' Both sides seemed content to await fur ther developments, and although futures in Liverpool marked an improvement, the decline in spots tended to keep the more sanguine down. while the bear interest could not bring forward any particularly strong points to influence the situation. Before the close the market advanced point or two closing with net gains Of to points.
 New Orleans, January 1s.-Cotton steady: sales 355O; ordinary 69-16; good ordinary 7-1-16; low middling 7%; mid ding 15-16; good middling 8 3-l6; mid ding fair s9s; receipts 7930; stock S5S,S4s.
 Consolidated statement: Receipts, net, 27. Al; exports to Great Britain 436S; to the continent 21,715 stock 976,o55.
 New Orleans, January 1.-Cotton fu- lures quiet and steady; January 7.s2 bid; February 7.92a7. .94; March 7sS97 9e; April SOLOS .03; May S.06QS.07; June S.os9S Il; 1; July S.13dS.15.
 Daily Statement.
 alveston-Quiet; middling 8; sales S4S3; receipts 5312: stock 222'641.
 Mobile-Quiet and steady; middling 1916; sales 100; receipts 290; stock 8o53.
 Savannah-Firm; middling 77s; sales s24. receipts 5365; stock 126,S69
 Charleston-Firm; middling 77s; receipts 334 stock 14,S69
 Wilmington-Firm; middling 7&;\ re- ceipts 69l; stock 1602S.
 Norfo1k-Firm; middling s. sales 52S; re- ceipts 1543; stock 43.035.
 Baltimore-N Nominal; middling sA; stock 3474.
 Boston-Quiet and steady; middling SA; receipts, net, 610; gross 1884.
 Philadelphia-Firm; middling se-le; re- ceipts 76; stock 7627.
 St. Louis-St eady; middling 15-16; sales 310 receipts 5913; stock 53,606.
 Memphis -Steady; middling 15-16; re- ceipts 3346; shipments 3O52; sales 6OO stock 112, ,S05.