The Birmingham age-herald., 1904-07-02

much moisture Is coml1ained of. -% | New York, July 1.-The cotton market opened steady at unchanged prices to a decline of points under moderate south edn selling and liquidation in response to lower cables than looked for, and contin- ued favorable weather Trading was very quiet and during most o1 the session was of distlnctively holiday character, while prices after little further loss on some positions gradually rallied on light cov- ering until around midday they were back to practically last nights figures. Later, however. and just before the close there was active selling by three orfour of the most prominent floor brokers which was supposed to be for southern and Wall street account and the market broke to tho lowest level of -.-s day with July sell- ing at 10,0 August 10.10. and October at Q. .45 and December at Q. 40 or net declines of to IA points
 The market closed steady at a net de- cline of 6Q10 points or within point or so of the lowest for the session. Sales were estimated at 75,000 bales. The afternoon pressure was due presumably to expecta- tions of a bearish showing by both the government bureau report and the regular weekly report of the weather bureau at midday on Tuesday and the idea among the trade was that certain large operators were increasing their line of shorts in order to take ad- vantage of such development. Confidence as to the bearish showing of the govern ments report was probably increased by the rumors of another private estimate placing conditions at S5.9 per cent.
 Receipts at the ports today S4S bales. against 321s last week and 125S last year. For the week 1S0O0 bales against 14.376 receipts at New Orleans 1T bales, against 1909 last year, and at Houston 71 bales against ' last year.
 New York, July 1.-Cotton steady; mid ding, 10.S5 gross receipts, 206; sales, 1S,- 55o; stock. 57691.
 Total today: Net receipts. s49; exports to Great Britain, s; stock 164,695.
 Consolidated net receipts, 17,4S9; exports to Great Britain 2S,S15; to France, 10,04S; to the continent, 13932; to Japan, 50
 Total since September l: Net receipts. r 06s ,210; exports to Great Britain, 9 4S1,- 619 to France, 697, ,354; to the continent, D. 547. .79O; to Japan, 42,7S6; to Mexico,a 26,72s
 Total Net Receipts. ~ New York, July 1.-The following are the total net receipts of cotton at all ports since September 1;
 Galveston 2,39S.51o, New Orleans. 1,96S,- -6s, Mobile 1eS237, Savannah f,1B,l25, Charleston 155,179, Wilmington S2O'94l, Nor folk All ,567, Baltimore 2S,59a, New York 43. S70. Boston 30, 709, Newport News f5,202, Philadelphia 13962, Brunswick 92,7S6, Fer nandina 105O, Pensacola 123,217, Port Ar thur s5,466, Port Townsend &,067 San Francisco 14719, Portland Ore, HOO, El Paso HOO. Eagle Pass 1s,235, Laredo 19,037; total bales. 7,065,21o.
 Weekly Cotton Movement. New York July l.-The following statistics on the movement Of cotton Tor the week ending Friday, July !, were compiled by the New York cotton ex- change.
 WEEKLY MOVEMENT
 This Year. Last Year, Port receipts. ..........,to,|o2 l6'eoo Overland to mills and
 Canada. .... ....,......, 3,2o6 2,2oe Southern mill takings
 (estimated).. .......toooo io'ooo Loss of stock at in-
 terior towns.... ........ I,ol6 Brought into sight for
 the week.. .......25,37 ,373 34,ell
 TOTAL CROP MOVEMENT. Port receipts. .....7,o66,6S4 7o94, 4oi Overland to mills and
 Canada... .... ..... ol7,o93 i,oo4,4ft Southern mill takings
 (estimated).... ......l ,a1 5000 1881 800 Stock at inte-ior
 towns in excess of
 September L.. ..... se,2e5
  Brought into sight
 thus far for season. 8, 856, 062 5,59o, 3l2
  New York Cotton Futures.