The age-herald., 1902-01-16
COTTON MARKET
 I TO. I POINTS UP Europe and South Bought Near
 Months on Rise MARKET STEADY BUT QUIET New Orleans Receipts Had Temporary lnfluence-on Late Advance
 Commission Houses Were
 Buyers of May and June.
MARKET STEADY BUT QUIET

New York, January 15.-The cotton mar ket opened steady with prices to points higher in response to bullish Liverpool cables and smaller receipts at the ports than generally looked for. On the advance Europe and the South bought near months room traders and smaller outside longs sold. After selling at S.21 on the call May slowly worked down to SIS with the room bearish in view of light speculative de- mand, and a disposition on the part of leading operators to sell short. Wall street and the South were persistent buy CTS at the lower figures and when a light estimate for tomorrow's Houston receipts appeared. early small sellers also turned buyers.
 The noon bids reflected 6 very steady though quiet market with sentiment rath- CT more friendly to cotton in the long run. Splendid Manchester and continen- tai trade reports and generally firm do- mestic cotton goods market advances served to check selling. free estimate for tomorrow's New Orleans receipts had but teporary influence and in the last hour pronounced strength developed on active general buying by shorts and Southern interests. Generally firm South ern spot markets and rumors that the market was beginning to show signs of permanent expansion led to fears of a much higher Liverpool market tomorrow. On the late advance commission houses were large buyers of May and July. The market finished today firm in tone with prices well at the top with advances of six to ten points.
 Still higher prices were in force on the curb and sentiment was decidedly bull ish.
 Port receipts fell short of those for the same day last year.
 New York, January 15.-Cotton quiet and steady Middling SA; net receipts 469; gross receipts 5911; sales 1908; stock 130, Al; exports continent 2115
 Total today: Net receipts 32, 299; exports Great Britain 9553; France 759O; continent 2115; stock 1,035, ,462.
 Consolidated: Net receipts 156, 645; ex- ports Great Britain 76,3o9; France 35, ,445; continent 32,101
 Total since September 1: Net receipts 5,294 464 Exports Great Britain 1,s9S, ,167; France 4S9, 1892; continent 1,447,027.
 New Orleans Cotton Market.
 New Orleans, January 15.-The spot cotton market today was active and firmer, conditions resulting from improved trade movements favorable to Liverpool a better feeling in futures and notable increase in buying orders. Sales 97O0 bales including 5000 to arrive. Prices advanced one-sixteenth on all grades.
 The future market, influenced by favor able cables, opened to points up. Coun- try buying orders and some covering by shorts caused a further improvement. There were fluctuations during the day of 2 or. 3 points in either direction, the trend being upward and the market clos ing with net gains of 10 to Il points.
 New Orleans, January 15.-Cotton fu- lures firm; January 7.95 bid; February 7.97@7. .9s; March s.03@S.04; April s.O6@s. 0s; May S11@S.12 June s.14 bid; July S.19@ s.20; August 7.97dS.02
 New Orleans, January 16.-Cotton was steady; sales s7oo; ordinary 6s-16; good ordinary ' 1-1e; low middling TX; middling 15-16; good middling 3-16; middling fair s5s; receipts 1O.522; stock s65, ,66o
 Consolidated statement: Receipts. net, 156, 645: exports to Great Britain 76,3O9; to France s6, 445; to the continent S2, 1o1; stock i O35 462