The Montgomery advertiser., 1904-05-13
MARKETS FOR FUTURES
GREAT IRREGULARrTY PREVAILS
 THROUGHOUT THE SESSION.
At the Close the Market Was Barely Steady With Prices nt About the Lowest of the Day,
 5 to 13 on.

NEW YORK. May 12-The cotton market opened easy at a decline of 5 0 dave late buyers and a renewal of local pear pressure in response to lower English cables than expected Weather aovices were generally favorable aside from a continued need of rain along the Atlantic coast. but the expectation of complaint from these sections seemed to strengthen the new crop positions ana for time the market held about Breaking to net loss of 5Gpi7 points little later on, another wave of liqu!- datiou in the absence of support, 1t was rallied aEaln shortly after midday and the new crop. while the loss on the o.a crop months was cut down to a matter of four or five points. This was fol- lowed oy another spell of irregularity. Wall Street wire houses turned heavy sellers, and the market was finally barely steady at the lowest prices of the day.sa net decline of @1s points. Sales proportion of which was transacted in the last hour The early selling was largely for European account, apparent s5y though 1t also represented the liqui- dauon of the scalping movement. who had gone home on yesterday expecting further advances this morning. Pri- Nate Liverpool cables indicated weak ness in the spot situation there as a
 
 report was calculated during the day mat there would be minus correction of 17.000 bales In the Boston stock, and there also was talk of large clearances From New York toward the end of the months, those items having some ef- feet In the midday bulge Receipts of cotton at the ports today. 4.s1f bales, For sSo tSs Sst week week ass os ,a as against s4ss12 last week and 56.5s0 last year Today's receipts at New Or teans, 1,g00 bales. against 3,4S5 last year. and at Houston, 451 bales, against
 DAKLx COTTON MARKET.
 NEY IRLEANS. May i2.-cotton easy; F ii-is; low middiinE. is 5-ls; middiing, B ii-1ss good middFng. 14; middiing fair, 1A% Reeeipts, 1908: stock 17s,s44,
 GALVESTON.-Quiet middling. 13 1l-16; sales. 12: receipts, 1.6e3: stock. l3,Isa
 MOBILE.--Nominal middIing. 13h; re- eeipts. l7e: stock, s,7ss.
 SAVANNAH.-Easy; middling, 13N; re- eeipts.. ser: stock. 32.25o.
 CFfARLEsToN,--Nomi stock 25s2. OBSERVATION-DISCLOSURES 24; stock. s. NORFOLK. 400; stock. 7.4sO.
 BALTIMORE. = Nominal; middiing, f4; receipts. 25o; stock, l,1ss
 ..'s. n'osToN.-2uies; middlinE, 1s.7S; net re- PHILADELPHIA. Quiet: middIlng. is: a 20; receipt receipts. Ss,,;. sat; stock s;oss
 ceipts, SIS: stock. 12.066.
 NEW YoRK--cotton quiet; middIing, 1s.ss; gross receipts .2.e5s; sales. i,400; stock S0656: exports. to continent, I422
 Fetal to-day: Net receipts, 46I7; exports to Great Britain, l,766; to France. i,422: stock, s36.393.
 Consolidated; Net receipts, 22542; exports to Great Britain, 2s.273; 10 France 49; to continent s.i2s; to Japan. 215; to Mexico, 50. Total since Sept i: Net receipts, s.oss.- 0si: exports. to Great Britain, 230T. .0ls: to France. 670,334; to continent. 2453 a59; to Japan. 41, to Mexico 25,621. t.r
 NEW YORK COTTON FUTURES.
 NEW YORK May 12-Foliowing were