The Birmingham age-herald., 1903-03-25
COTTON MARKET
 IS QUITE STRONG Ruled irregular Alter the Start
 But Advanced PORT RECEIPTS ARE LIGHT Bull Pool Supported the Market and Prices Worked Up Rapidly, May
 Reaching 10 Gents and July
 Going over s.s2 Gents.
PORT RECEIPTS ARE LIGHT

New York, March 24-Ihe cotton mar ket opened steady at an advance of 1 point to a decline of points, and follow ing the call. ruled irregular, but showed on the whole an advancing tendency, par ticularly in the old crop positions, while the autumn options, influenced more strongly by better weather, reported over the belt. and the expectation of an enor- nous acreage. displayed relative easiness. The port receipts for today were over the movement for the same date last year. being 1s,fl6 bales. against 12,SS9, and the 1 early estimate calling for 1900O bales, en- couraged selling after the opening, as did also more Favorable accounts from the flooded dis let's of the lower Mississippi. This selling4existed chiefly in the later po- sitions, and while immediately after the call prices worked up a point or two, was responsible for a decline before midday, carrying prices about points below the opening on the late positions, while the nearer options fuctuated around the in- itial level. The estimates for tomorrow's s receipts at leading ports were light how ever, Liverpool cables being fair and the exports gave early promise of volume. turning out to be 52, 4SS bales, and lead Ing to predictions that next Fridays statistical showing would be again strong. The bull pool also supported the market, and prices were worked rapidly upward, May reaching 10e and July 9.s2c, 12 and 10 points above the opening re- spectively. The advance was encouraged r by reports of a turn for the better in the ' New England mill situation, but at the better level room longs took profits, and the market again became irregular, be- ing finally quiet and steady at a net ad- vance of to 10 points on the near months to a decline of to 4 points on the more distant options.
 Total sales of futures estimated at 150,- 900 bales.
 New York, March 24-Cotton quiet; middling. 1O.15c; net receipts, 15O; gross receipts, 2044; sales, 430 stock, 65,2T; exports to Great Britain, 50; exports to the continent, 150O; exports to France. 516.
 Total today at all seaports; Net re- ceipts, 1S,T6; exports to Great Britain, 40,013; exports to France. 616 exports to the continent, 11,909; stock, 51S59O.
 Consolidated at all seaports; Net re- ceipts, 47os5; exports to Great Britain, 49,S7S; exports to France, 4516; exports to the continent 42,907
 Total since September 1, at all seaports: Net receipts, 16,9S1, ,S95; exports to Great Britain, 2,393 94S; exports to France, 6s5,- sos; exports to continent, 2,5o7,Oel
 New OrIeans Cotton Market
 New Orleans March 24.-Spot cotton firm. Buyers and sellers are not quite so far apart in their views, buyers hav- irer ax,f 4Jxr fo ncfo hot the staple is only bringing what 1t is worth At present there are no influence ing features other than supply and de- mand. Sales, 3250 bales, including 750 to arrive. Quotations advanced 1-16c on all grades.
 The future market today was compara- lively quiet. The most active month traded in was May. but July. August, September and October received some att tention While the tone was steady. prices did not declare themselves in fa- vor of either side, but lazily fluctuated above and then below the level of the closing of yesterday. May advanced { points to 9.S6, fell to 9.S1 and closed at 9S4. July advanced points to 9.92, de- clined to~9 .S6 and closed at 9.s0. August advanced 3 points to 9.6s declined to 9. .62, closing at 9.66, The range of prices was wide enough for the scalper and but for his operations the market would have been very dull. The board at the close showed net gains of 1 to points on all old crop positions and a net loss of to points on the new.
 New Orleans March 24.-Cotton futures barely steady; March 9.sod9.s4, April 9. .s2a9 s4, May 9.S4@9.S5, June 9.SSd9 90, July 9.sOQ9.91. August 9.66d9.67, Septem- Der 8 94dpS. .96 October S.470S. .49, Novem- Der 8. 35qs. .37. December s36Gs.37
 New Orleans. March 24.--cotton steady: sales 3250; ordinary b-16 good ordinary 13-16, low mddling 9A middllng 13-16, good middling 10A. middling fair 10 15-16, receipts 1872, stock 205.505.
 Daily Statement.
 Galveston Firm; middling 5-1s sales