The Savannah morning news., 1902-01-21
TRADE AND FINANCE
.orroN MARKET AT NEW YORK
l,osES STEADY AND LOWER.
spo1s BEING WATCHED.
uovED EXPORT DEMAND LOOK
I'm FOR BY THE TRADE.

Doceints Continue to BE the
.,roIIinG Feature-LarGe Esti-
TO. for New Orleans and Hous-
RcDorts From Spot Markets
encouraging.
Nav York, Jan. 2O.-The cotton mar
-. opened steady in tone, with prices
> "a points higher, this being fair
,nonse to bullish Liverpool news and
,all estimates for to-day's port re-
.irte Talk of higher prices for spot
.tton South, predictions for big ex-
-. movement and generally encour-
ling cloth market news from all
.n.rters. served to aid in strengthen
:ng the market. But at S.22c for May,
sollers in goodly number made their
.nDAarance. being for the most part
mall holders, who preferred taking
rroats TO risking possible further adj
,.onces at the moment. Speculative
sunnort was light and the bull con-
tinpent was anything but enthusiastic.
Paint by point the market went off,
with the opening advance lost before
midday. Finding our market predis-
rosed to sag, Liverpool eased off a
triae from the top before the close,
Inf nrivate cables declared sentiment
abroad was still very bullish.
As new business did not come in
during the late morning, the market
further sold down under large esti-
mates for tomorrow New Orleans
and Houston receipts. May went off
10 SIZE, later rallying trifie on profit
taking by early sellers. The market
closed steady, with prices net 8 to 6
points lower. The official reports from
Southern spot markets were very en-
couraging, in that they all gave we'll
sustained prices and a steady to firm
undertone.
Daily Cotton Market, Jan. 90
alveston-Steady; middling, s; net
receipts 1881; gross, 1881; stock, 1885,
g3. Exports-Great Britain, 1854;
coastwise, ALSO; continent, 1926.
Norfolk-Holiday; net receipts, 3,4S7;
gross, S,4S7; stock, 43,275. Exports
Coastwise, 3,247.
altimore-Nominal; middling, So;
net receipts, $40: gross, PISS; stock, 49,
1923 Exports-Coastwise. $500.
Boston-Quiet; middling, 5-16; net
receipts 1866; gross, 4,132.
Wilmington-Firm; middling, ~;
stock, 1923.
hiladelphia-Quiet; middling, GIG;
net receipts, n; gross, az; stock, 1904.
avannah-Ho1iday; net receipts,
4O65; gross, 1866; stock, 12S,449. Ex-
ports-Coastwise, 7,4S5.
New Orleans = Quiet; middling,
7 1915; net receipts, 1911; gross. TO-
Ill; sales, 1850; stock, 36S,218. Exports
--Coastwise, 1912.
Mobile-Quiet; middling, Z 1916; net
receipts, 256; gross, 256; sales, 500; stock,
354S7.
Memphis Steady; middling. Z 1915;
net receipts, 3,201; gross, 6,7S2; sales,
500; stock, 1O9,411.
Enthusiastically; middling, Lie; net
receipts, $685. gross, 715; sales, -557;s
stock, APO.
Charleston-Firm; middling, 7%; net
receipts, 1889; gross, 1,439; stock, 16,S0S.
Cincinnati-Steady; middling, SA; net
receipts. 1,162; gross, 1,162; sales, 100;
stock, 16,647.
Louisville-Firm; middling, 1-16.
st. Louis-Quiet; middling, 1916;
net receipts, no; gross, $500; sales, 30;
stock, 1894.
Houston-Quiet; middling, 1915; net
receipts, 4,547; gross, 4,547; sales, 172;
stock, 90015.
New York-Quiet; middling, s sis:
net receipts, 279; gross, 1924: sales. 397;
stock, 49,, 267. Exports-Continent, 607.
Total To-day-Net receipts, 27,S01; ex-
ports, Great Britain, 1884 continent,
1882; stock, 950,344.
Consolidated-Net receipts, 5,242;
exports, Great Britain, 28.002; continent,
81 647.
o,AS,SS0; exports, Great Britain, $685.
3J6; France, 509. 245; continent. / .4g2. 250