Pine Bluff daily graphic., 1912-02-22
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New Orleans Cotton.
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 Futures opened steady February l0.45@1047c; March, 1053@10.54c; Hay, 10.50@10.60c; July, 1O.66@1067; August 1O.59@1o.61c; September o.51@1o.53c; October, 10.47c, bid; December, 1O.49@10.51c.
 Futures opened steady at decline If 1@6 points on poor cables. I'm nediately after the call prices were 3@7 points down. At this level here was strong buying on news hat 45,000 bales of cotton had been les royed by fire in Houston aid 10000 bales had been destroyed in Bombay. The weather map was very unfavorable, much colder weath- IT and rain being shown over the 'elt,i and it also helped the market 1t the end of the first half hour prices were 1@3 points up.
 On the slight advance in the 'ar1y trading selling orders increas- d and the gossip of, the market
 vas that they came principally from I.he bulls, who saw a chance 10 I iliquidate part of their holdings. Tie |lmarket commenced to sag and from Ithe middle of the morning had all Ieasy tone. Cables from Liverpool and Manchester said that the strike situation had a better look, but this Tailed to. stimulate the market. At |Aoon the trading months were 9@16 Coins under Mondays close.
 Tn the afternoon session the mar. ket was quiet but steady. At Z
 o'clock prices were 4@9 points un-
 Ter Mondays close.
 New York Cotton.
 New York, Feb,n ,,21.--Cotton -
 Futures opened r steady. January
 10.41c bid; March, 10.12c bid; April. 10.22c bid; May, 10.32@10.33 bid; i; July, 1O.37@1o.3sc; August, 1O.33@ 10.35c; September, 10.34@1035c; Oc- tober, 10.3S@10.39c; November, 1O.41 @1O.42c; December, 1O.45@1o.46c. Market opened steady at an ad- vance of 2@3 points and during the early trading sold about 6@13 points net higher on covering 1y yesterdays shorts and buying by, trade interests. Yesterdays late sellers were evident y disappointed by the relative steadiness of the Liverpool cables and buying was also influenced by reports of unfavorable weather in the South, firm interior markets and advices indicating that between 50,- poo and 100000 bales of cotton had been damaged CT destroyed by fire at Houston. Trading was active on the advance and the market during the middle of the morning wa3 ner- vous within ? CT 3 points of the best.
 The market was quiet later in the forenoon. There seemed very little cotton offering after the Houston fire news became public. On the
 other hand, there seemed to be very little buying in of hedges against
 the cotton said to have been burned and prices ruled just about steady with the active months 5@6 point: net higher.
 Spot quiet. Middling uplands. 10.50c, nominal.
 | Weakness in New Orleans and New Orleans selling orders started liqui- dation by early buyers after midday and the market sold off to net loss of GOT points on the old crop positions. Covering for over the holiday tomorrow checked the de- cline and prices later rallied at a shade over yesterdays closing. Spot cotton closed quiet and un- changed Middling uplands, 10.50c; middling gulf, l0.75c. Sales, none. Memphis Cotton. Memphis, Feb. 1.-Cotton-Spot SL6dQy. MluUllnS, 1O l-ZC.
 New orleans Spot Cotton. New Orleans, Feb. 21.-Cotton- Spot closed quiet and easy. Sales on the spot, 500 bales; to arrive, 375 bales. Low ordinary, 6 Sic, nomi- nal; ordinary, 9-16c; good ordinary l Sc; strict good ordinary, 9 3-4c; low 1 middling, 9 11-16; strict low mid
 ding, 10 1-16c; middling, 10 7-16c; strict middling, 10 3-4c; good mid ding, lie; strict good middling, II 3-16c; middling fair, Il 1-2c; mid.
 ding fair to fair, 11.7 1-2c; fair, F 1-2c, nominal. Receipts, 3,309 bales l Stock, S9S,521 bales.