The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-01-26
The New Orleans cotton Market.

New Orleans, La, January 25.-Cotton
in good demand, supply limited. Sales.
1920 bales, including 325 to arrive and 700
f. o. b.; delivered on contract 6200. In
fiuenced by the advance in Liverpool
and the continued upward movement OF
futures quotations were advanced DIG.
IN the future market the bulls had
field day July was sent up to the 16 cent
mark thus fulfilling the predictions OF
leading bulls made earlier in the season
and causing the payment of many bets
which the shorts eagerly took about the
time when they were listening to crop es-
Inmates in the neighborhood of 12,000,0O0
bales. In spite of the fact that values
were at dizzy levels and higher than
many a veteran had ever seen them, the
market still presented a healthy appear
ance There was much liquidation during
the morning and this served to check the
wild advances. The leading bulls operated
conservatively. The opening was firm aud
prices were from II to % points higher
than Saturday finals. The better opening
was caused by sensationally bullish Liver
pool cables which told of advances twice
as great as the most ardent bulls dream
ed of over Sunday. New York opened in
a swirl of bulsh excitement and sent
prices up from to q points. The local
market was only too willing to follow
these leads. At the opening there was
good volume of buying orders from longs
while sports were frantic in their en-
deavors to get under cover. Leading bulls
were heavy buyers, taking everything
that was offered, and asking for more. In
the trading July advanced 80 points to
15c March advanced 36 points to 1874,
May advanced SO points to 1915, and
July advanced 80 points to 16c. From the
highest levels of the day there was
recession of l to points from this, but
the market closed very firm. the net
gains being from % to 80 points from
January to July while August gained
IS points and September Sc.
New Orleans. January 25.-Cotton fut-
ures firm, January 1889 bid, February
1903. March 15.3O615.31, April 15.47@15.4s,
May Is 71415.72, June 15.s1Q15.S3, July 1876
ml59l August 1514@151s September 1881
bid.
New Orleans. January 25.Cotton firm,
sales 1925 Ordinary. u 9-16c; good ordi-
nary, f7sc: low middling. He: middlng,
147sc: good middling 15bc; middling fair.
Bic Receipts Is. 40: stock, 436,59S
Daily Statement.
Galveston Firm; midding, 14ssc; sales,
50; receipts. 546l; stock, 1912.
Mobile-Firm; middling, 142sc sales, 100;
receipts. 9s7; stock. 2o9ia.
Savannah-Firm; middling, 1fslc; sales,
SIS; receipts, 1863; stock. 64,149
CharIeston-Very firm; middling, 14s4c;
sales. 100; receipts, IA; stock, 10,11s.
Wilmington-Steady; mddling, 14slc; re-
ceipts. S17: stock, 1883.
NEUTRALITY-SUSPICIOUS., $500: stock, 22.115.
Acknowledgement; midding. 15.25c; re-
ceipts. 397; stock 1902.
Boston-Quiet middling. 14.s5c: net re-
ceipts. 40: gross, 2ss0.
Philadelphia-Steady middling l5.5Oc;
receipts 1870; stock. 1923.
St Louis-F'irm; middling. 141s; sales,
s25; receipts, 22&. stock, 2s1s2.
Memphs-Cotton firm; middling. 1f9sc;
receipts. 2014; shipments, 133O3; sales, 5000;
stock, $3.50.
Liverpool. Market.
Liverpool. January 25.-Cotton. spot, in
fair demand; prices Is points higher
American middling,. s.44; good middling,
s2s; middling. SIS; low middlng, S.12;
good ordinary, SOP; ordinary, 1872 The
sales of the day were 5000 bales. of which
900 were for speculation and export and
included $500. American. Receipts. 1000
bales, including 500 American. Futures
opened firm and closed feverish. Amer
lean middllng. g.o.c.: January, 7.9s: Janu-
ary-February. 1856; February March. 1884;
March-April. 7s9l7.94: April-May. 1872;
May-J me. t-%uaS Jtlne-Juiy, t.so, July
August 1S4M7S5; August September, 7.66;
contender October, 100; October Novem-
Der. $50.
Dry Goods.
New York, January 25.-The dry goods
market has shown further advance on
many lines and sellers In many in
stances are holding goods at value and
are restricting sales to the smallest pos
.~of,, NH rtfr he 81