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Review oe the Markets; and Real Estate Business. REVIEW OP MARKETS FINANCIAL AND COMMERCIAL Stocks, Money, Exchange, Bonds, Grain, Cotton, Provisions, Etc. New York, Fob. 8.?There was a de? cided falling ofC In the speculative in? terest of outsiders In the stock mar? ket. There was 11 considerable degree of activity and ?oine Irregularity, but it was hugely due to tho closing up of speculative accounts on cither side of the market by professional operators. The professional bull? manifested no disposition lo bi.l up prices where there was evidence of an outstanding short interest, but were content to devote their attention to tho liquidation Of their profits. On the other hand the bears showed no aggressiveness In offering down prices where realising was in evidence, but centered their attention on cover? ing up their own short contracts. While this covering demand from the shorts was in evidence in a number ot conspic? uous slocks, the predominant disposi? tion was lo take profits by celling out long lines. The center of the demand from shorts was Sugar, and some of the other Industrials, including one or two of the metal group, showed sym? pathy. Others <>f the metal group, the local tractions and the railroads gen? erally showed tho effects of realizing all day. The profit-taking was con? ducted in an orderly manner and with? out any such violent movements of prices or furious activity of trading as was the case yesterday. The high open? ing In sympathy with London helped the profit-taking, but opening prices were generally the best. There was continued large absorption of Union Pacific after the reaction, which fol? lowed tho dividend announcement, and the railroad list generally was well In hand, prices being rallied occasionally to facilitate the realizing. The report that the Union Pacific had determined to close the Oregon gate , way caused some heaviness in the rail? roads, which have relied on that outlet for Ira flic to the Northwest, notable Burlington, Rock Island and Missouri Pacific. The local traction stocks, which have shown themselves responsive to devel? opments in the Rnpld Transit tunnel project, were weak on the announced decision to accept the contractors' bond. The stormy weather prevailing In the West, perhaps, had some effect on the railway list. The announce? ment of a bond Issue by the Western Union company of twice the amount first reported yesterday caused weak? ness in that slock. The expectation Is growing that Sat? urday's bank statement will not show the money position strengthened, us tire receipts from the interior have shown a fulling off, owing In part to a re? newed demand from the South to ac? commodate a cotton movement stim? ulated by the higher price. It is ob? vious that the gain made by the banks early in the week on sub-treasury op? erations will be about wiped out before the end of the week. There is an In? creased partiality for the railroad slocks as collateral as u result of these developments. There were a few gains on to-day's trading, hut net losses are the rule. The bond market was moderately active, and showed recessions al sonic points. Total snics, par value, $1,910,600. II. S. old 4'a declined %c. in the bid price. The total sales of stocks to-day were MR,000 shares. New York, Feb. S.?Standard Oil, 5.3;: ?5/5.37. NEW YOItK STOCK MARKET. Atchlson .2! Mr. P., pref.7i Alcltf.--.on. pre. .. iiJ-">i Wabash . ' liiltl. and Ohio Wahash. pref. . ?i% Can. PAcillc .. ?7 W and I. R .... it' fan. Southern . 4*"ijW and L E. I'd Oliea. and Ohio 2".i"h pref.2S>1 Chi. fi. W. 14 jWis. Central ... I9",.j C, B and Q ....12.'. O. 1 and I, . hi EX. COMPANIES. C, 1 and L, pref 4? I C ami E I . !>2 'Adams Ex .Wir" C and N \V .... 101U American Ex. .Ii7>'. C, It I and V ,.10S% IJ. S. F.x.47 O C C and Hi I, 02V, Wells Fargo ....12:1 Col. Southern .. C B, 1st pref. .. ittlii MISCELLANEOUS. C S, 2d pref. ... 15 I Bel und 1 lud. .ill Amer. Col. Oil . Ml'-'. 1), I. and W .... ITS A C O, pr'.f.I'd " l> and it O . 20% Amer, Malting . ? r? and KG, prof 72'41A M, pref. 27 Erio . \1% A S and K . 410 Eric, 1st prcl" .. 30%'A S and It. pref VI Ot. Nor., prof. ,.ltiO Amer. Spirits ... ;{ Hocking Coal .. 17' . A S. pref.17 Hocking Val, .. II Am. Steel Hoop -17 Illinois Central .B!l A 8 If, pref.SC Iowa. Central ... 12 A S and W _.r.7>. Iowa Cen. pref. ,M?-'. A S ami W. pre KP i K C, P anil <: .. 8% Amor. Tin Plate :<i>-. L E and W .. . 20)? A T P, pref.s:{ L R and \V, pie k\\\ Amer. Tobacco KMlVj Likn Shore ... .191 Amer. Tub., pre 135 Louis, and Nash M,;.; Anao.ondu M C 4fi Manhattiin "L" !???*.'Brook. R. T. 727, Met. St. IX'y ....17814 C?l; Fuel ami I 4? M*v\. Central ... 12 Con. Tobacco .. 34*4 Minn, and st. I, i,p, C(iii. Tob., pref. >."> M aud Si L, pref S3 ,Federal Steel ... Mi' Mo Pacific. . 46'/& Fed. ?tcol. pref. 7f. Mobile, and Ohio 4? Ocrr. Electric ...12.;' M, K lind T .... 10% Glucose Sugar .. ."?71. M K and T. pi- :n^, (ilu. Sugar, pie. UM N. J. Central ...117J- InCn'l Paper ... 21 N Y. Ceatiul ..131?; Inl'n'l P., pref.. ?S N and W . 20>ilLicledo uns .... 75 N and W. prof. 74% National Biscuit :n> No. Pacific . i'hlVNat. Biscuit, pie !>l No. Pa el lie, pref 7-1'-. National Lead .. 27 O and W . 21 Nat Lead, pref ]05?/S O B and N . 42 .National StOttt .. 50 O R and N. pref 7<; Nat. Steel. preL 93 Pennsylvania . IK2-1J N. Y. A. B.i*> Reading . pr North Amer. ... 14'/, Reading, ist pro Pacific Coast ... 57% Rending. 2d nrbi 2S% i' C, 1st pref. .. S3 R. O. W. 12 P C, 2<I pr.-f. ... C4 R O W, pref. .. M Pacific Mail .... 41% .St. L and SF.. hvjj People's uns ...los St. L and S F, P. S. C?r . 0<; 1st pref .fof, I'. S. Car. pref. S7 St. L and S F. Pullman Pal. ...isS 2d prc.f.35% Stand. R. and T. S% St. L and S W IP . Sugar .112-s ? St. L and S W. Sugar, pref.112 pref.2S?4 Term Coal and 1 97>i St. Paul .121 U. S. Leather .. 17 St. Paul, prof. ..171V4IU. S. L., prof, .. 7V.14 Rt. P and O ....HC ;U. S. Rubber .. :;7;, So. Pacific . 391j r. S. R-. pref. ..lOP't So. Railway .... 12% West. Union ... R|% So. B'y. pref. ... .'.7 Republic I mv.l S 247; Texas and Pnc. K<, It I nnd S. pref, OSy, Union r.ieltlo .. 60% P, C C and St L CS BOND MARKET. New York, Feb. s, 1000 ?United States S's, registered . 102",$ United Slates it's, registered . 100% United States Ts, coupon . 109% United States new 4's, registered _ 134 United Slates new 4's, coupon . yjf] UiiHed Slates old 4's, registered . B4% United States old 4's, coupon . U4% United States f.'s, registered . B2% United States .Vs. coupon . District of Columl/ia 3-65's . I US ?Virginia Ceniurlfs . 865s .Virginia Deferred . 5 N?W YORK MONEY MARKET. New York. Feb.' S.?Money on call steady at 2@2'/4 per cent.; last loan at 2 per cent. Prime mercantile paper, 4? G per cent. Sterling Exchange easy, with actual business in bankers' bills at 4.S7tt@4.87& for demand and at 1.S4V4 for sixty days. Posted rates, 4.S5 und 4.8Sfc; commercial bills. 4.83<g>4.83%; sil? ver certificates, 5W;<SGQVy, bar silver, CU^i; Mevlcan dollars, 47%. Government bonds, weak; State bonds, firm; rail? road bonds, easier. NEW YORK PRODUCE MARKET. New York, Feb. S.?Flour advanced about Cc. on the enrly rise In wheat, but closed unsettled at old asking prices, with buyers checked; Minnesota patents, $3.S5@4.15; Minnesota bakers, ?2.S5?3.00; winter low grades. $2.25<fl>2.40. Rye Flour, steady. Buckwheat Flour, quiet, $l.r.0@1.70. Corn Meal, firm. Rye, strong; No. 2 Western, 64'Jic. Wheat, spot firm; No. 2 red. 7C0sC. Corn, spot firm: No. 2, 41%c. Oals. spot quiet; No 2. 2SV>?>2fJc. Reef, quiet. Cut Meats, linn: pickled bellies. 6V&@7&c.; do., shoulders, 6c: do., hams, 9 Vi ?10 Vic Lnrd, Arm; "Western ?toamed, $6.42%; February, $6.42Vv, nominal. Refined, steady; compound, fiiJTC?c Pork, strong. Butter, steady; Western cream* ery. 21?2Cc: State dairy. 18@24%c. Cheese, steady: fall made fancy, large and small. 12Yi(ffl3c. Eggs, firm: State and Pennsylvania. 15Vac. Tcanuts, steady. Spot Coffre, Rio firmer; No. 7 invoice, 8%c; do., jobbing, OVic. Mild. Ilrm; Cordova, 104?l3V4c. Sugnr. raw, strong und held higher; fair refining, 4c ;.centrifugal 00 test, 4V4c.; molasses sugar, 3>i@3 13-lfic. Beflned, firm. COTTONSEED OIL New York, Feb. S.?Cottonseed oil was very light, with continued strength ut about old prices. Prime crude, In barrels, at 33Vic.; prime summer yel? low, 3Sc; off summer yellow, nomi? nal; butter grades, 3S@39c, nominal; prime winter yellow, 39@>40c: prime white, 39@39V4c; prime meal, 23.50. TRUCK MARKET. (By Telegraph to Vlrglnlan-Pllot.) New York, Feb. 8.?Potatoes, steady; Jersey, $l.25@1.62V&; New York, $1.50? I 87V<!;_Long Island, $1.5002.00;, Jersey, sweets, $2.2692.75. Cabbage, steady; Long Island, $4.00<5> 6-00 per hundred. BALTIMORE GRAIN MARKET. Baltimore, Md., Feb. S.?Flour, quiet and steady; unchanged. Wheat, firmer; spot and February, TSVifpSVic; March, 74VjC.; Muy, 75V4@75v?c; Southern, by sample, 6S@74V!c. Corn, strong: spot, 3U>4c, nominal: February, 3'J(iV30Vic.; March and April, 38%<3>3S%c.; Southern white, 39?40c. Oats, steady; No. 2 white. 31 ft 31 Vic; No. 2 mixed, 29@29V4c. Rye, dull; No. 2 Western, 58c. CHICAGO MARKET. Wheat, Corn, Oats, Provisions, Lard, Short nibs. tte. . Chicago, Feb. 8.?The wheat market was strong and active, to-day, mainly under the incentive of reported damage to the French crop. Profit taking also played a part, and most of the advance was lost. May closed a shade over yes? terday. Corn closed VsftfVic. Improved und oats unchanged. Provisions at the close were 2'.<:?10c. up. The leading futures ranged as follows: Open. High. Low. Cloa. OT'i 66% C8?4 OS',.. 69 - 31 Vi ?.'-V:? 33\ s1v4 34% 23% 22r;i 22*i Mess ijoik, per narret? May .11.15 11.SO 11.15 11.20 July .11.33 11.27% 11.25 11.23 Lud. per 10" pounds? May . 6.15 0.20 6.13 fi.17'/. July .?.25 C.:W 6.25 6.25 Short Ril^, per 100 pounds? May .c.02'/j 0.12',. 0.n.io July . 0.03 0.1.? 0.05 U.IU Cash quotation.* were as follows: Flour was firm; NO. 2 red spring wheat, 70i<71c; No. 2 corn, 32\*i32V.-c : No. 2 oats, 2::-!j/<j> 23%C.: No. 2 wlllte, 2.VV'i-7r.; No. :i while, L'.V 26e.: No. -' rye, 545}tx\\ ; No. 2 lur ley, ::>'<i i.'ic.; No. I flax seed, Sl.tiO; new, $1.60; prime timothy seed, $2.40. Mess Pork, per barrel. 'liU**! ll.lor^-Hml. per 1W pounds, $5.mMitl.07,,<!; short ribs sides (louse) $5.90We.l&; ilry salted .Shoulders (boxed), S^fttc.! short clear ."ides (boxed), K1*>1i6.2... Whiskey d'sliller.V finished goods, per gallon, $1.23'.?. Sugars, cut leaf, unchanged. On the Produco Exchange to-day dm butter market was firm; creameries, lit? 24%c; dairies, lS<fi22c. NAVAL STORES. Charleston. S. C, Feb. R.?Turpentine, firm, at 53c Rosin, firm and unchanged, Savannah, Gn.. Feb. 8.?Spirits tur? pentine, Die. Rosin, Ilrm; 13, up Bo. Wilmington, N. C, Feb. 8.?Spirits turpentine, firm, 54@54%c. Rosin, ilrm, $J :../'(1.40. Crude turpentine, Arm, $2.0u if; 3.25. Tar, Arrii, ?i :i0. The Cotton Markets. NEW YORK COTTON MARKET. New York, Feb. s.--The day In the cotton market started with a bear sei amble for cover and a spurt of very active trading, Hie English cables hav? ing improved far better than develop? ments here last night warranted, and news from the South portraying ex? ceedingly strong conditions In rill spot COtlOll markets. Numerous buying or? ders from Eur?pean points, together with large general buying from this Hide, went the mar months tip S to 10 points oil llto opening. The remote op? tions for a time attracted compara? tively little nltontion and were un? changed to 3 points higher on the first call. As the forenoon progressed the local contingent manifested a desire to realize profits, but Inasmuch as: the heeds of Europe continued unsatisfied, this Helling did riot materially disturb the ruling Of prices. New Orleans sent a number of liberal orth is for the summer positions, but sold the new crop deliveries. In in spas? modic way Wall si root sohl with great freedom. Private advices from the Eng? lish market ascribed the rise abroad to Inability of spinners to secure cotton in the amounts desired on thts side. Har? dening Cloth und yarn market added to the conccrn-of shorts,*, who turned for cover in n confused way and showed great nervousness nil through the ses? sion. Our market In the late session was Arm, but comparatively quiet. The ma-1 jority of operators preferred to await to-morrow's English cables before ( hanging their position materially. The market closed steady, at a net advance of 3 fel2 points. Fe I). CCS, May . CV>? C9?.i July . ti'j'.j, U'.i'i, Corn No. 2? Fob. - ? May . 3:::,h ?..'i7i July . 34*4 34% Oats No. 2? May . 23% 2r,*i July . 22% . Now York, Feb. S.?Cotton futures opened steady at tbo advance: Feb? ruary, S.30; March. S.28; April, 8.35; May, 8.37; Juno, 8.38; July, 8.38; Au? gust, 8.34; September, 7.82; October, 7.C3; November, 7.40; December, 7.47. Futures closed steady. February, 8.34; March, 8.32; April, 8.36; May, S.3G; June, 8.3G; July, 8.37; August, 8.33; September, 7.81; October, 7.64; Novcmbor; 7.51; De? cember, 7.50; January, 7.50. . Spot cotton closed steady, 1-1C higher; middling uplands, 8%; middling gulf, 8%: sales, 181 bales. New York, Feb. S.?Cotton, steady; middling, 8%; net receipts, 100; gross, 4.90S; sales, 181; stock, 113.818. Total to-day.?Net receipts, 34,414; ex? ports to Great Britain, S.289; Continent, 15.60S; stock, 1,000,693. Total since September 1.?Net re? ceipts,, 4,924,478; exports to Great Bri? tain. 1.342.097; France, 545,944; Conti? nent, 1,566.722. NEW ORLEANS COTTON MARKET. New Orleans, Feb. S.?Cotton futures firm. February, 8.35, nominal; March, 8.31(f?!S.33: April. 8.3Rp)S.33: May. 8.33; June. 8.32<3>8.33; July, S.32<<?8.33; August, S.18@8.19; September, 7.65(5)7.66; Octo? ber. 7.42P7.44: November, 7.30?7.32; De? cember, 7.30@7.32. LIVERPOOL COTTON MARKET. Liverpool, Feb. S.?I p. m.?Cotton? Spot, good business done; prices, 3-32d. higher; American middling, 5 l-32d. The sales of the day were 15,000 bales, of which 1,000 wcro for speculation and export, and included 14,300 American. Receipts, 24,000 bales, including 18,700 American. Futures opened and closed steady nt the'advanec; American middling:. Feb? ruary, 4 5S-64d. buyer; February and March, 4 54-64?4 55-Gld. buyers; March and April, 4 51-64<??4 52-64d. buyers; April and May, ?1 4S-64d. seller;; May and June, 4 44-64(f?4 45-64d. buyers; June and July, 4 42-64d. buyer; July and August. 4 40-64d. seller; August and September, 4 34-64?4 3S-64d, sellers; September nnd October, 4 22-64d. buyer; October and November. 4 14-6-td. value; November and December, 4 OD-G4@4 10-C4d. sellers. Norfolk Cotton Market. Norfolk, Vo? Feb. S. 1900. 1900. 1S99. Tone.Firm. Firm. Good middling.S U-16 6>(, Middling.8% ? i/ow middling .7 15-16 r> 9-1C | Good ordinary .7^ Bales. Bales. Sales . 15S H15 Receipts . 2,161 l.llfl Shipments . 1,933 1.G21 Stock .45,267 30,720 COTTON RECEIPTS. Thro. I.ocn'1. Total. Sm board Air L'ne .... 050 70 720 Norfolk Western .. ? 201 201 Norfolk &; Southern .. ? ill <)| Norfolk & Carolina .. ? PS 9SI Southern Railway .... 623 531 1,054] Total .1,173 901 2.164 NORFOLK MARKETS for Grain, Hau, Groceries, Pr ovlson, &c QnolnlIon?nt ttIioIo-aIo Pr'p?, na ailiemUr ?tntoil, ituil pnuoa oro subject to lluctuallou lu tunrlcef,. GRAIN. HAT AND RICE. CORN?White corn, rrom etore, 40c; mixed corn, from store, 45c; white oata, from etore. 3Sc; mixed oats, 33c MILE FEED?Market steady; bran, per ton. $17.00: middling, $19,00 per ton. OATS?Steady: mixed 33c; white, 36c. HAY?No. 1 Timothy hay, car lots,$1?.00; ton lots, $15.50; mixed hay, car lots, $15.00; ton lots. $15.00. MILLED RICE?As t? grades?6V4 to 6?c. ROUGH RICE?None on the market PEAXUTS AHO PEAS. PEANUTS?Market, new fancy, 2%c; strictly prime, 2><!c.; prime, 2>ic; common, 1V4j2c: Spanish, 70c. per bushel. PEAS?lllackeye. $2.50 per bog; black peas. COQ/FOc. per bushel. COUNTRY PRODUCE. POULTRY?Live, steady; chickens, old fat 2lfl27c.; spring chickens, small, steady at ' 12? lie.; large, 16020c.; ducks, mud, 20c EGGS?Quiet at 14c. per dozen. PUTTER?Good country, 13@18c. COUNTRY HAMS ? Steady; Smlthfleld fnnev 13?15c; Virginia country, l??UVic; good North Carolina. lO@l2Vic POTATOES? Northern, white. S1.60O1.75 per bag; new sweets Hayman, $1.25 per barrel: yellow, $1.50. CABBAGE?$2.2.".?2.50 per sugar barrel. ONIONS?$1.76*2.00 per bag. BERMUDA?None. FRUITS. APPLES?Virginia apples. $2.2?@3.00 per barrel: Northern, $3.00?3.75. LEMONS?$3.00 per box. PEACHES?None. PEAS? JJLACKEYE. $2.C0?3.00 per bag. LIMES?$1.00 per basket. PINE APPLES?1 Oil' 12c. HANANAS?Per bunch, 50c??$l.B0. COCOANUTS?100 to bag, $3.00. CALIFORNIA ORANGES ? Messina. $3.00?3.25; seeding*. $3.00103.25; navels, $190 4(1.00 per box; Jamaica, $3.00 por box. GItGCERIES. FLOUR?Market steady; spring wheat, patent, $4.M): winter wheat, patent. $4.25; winter wheat, half patent. $3.S5; win tor wheat choice straight. $3 65; winter whoat, family. $5.55; winter wheat, fair to good grades of extra, JJ.i?; winter wheat, super. $2.75?3.10. MEAL?Per bag 100 lbs., 97c; DO lb. bags. Pie. COFFEE?Much higher; Java 26927c.; Laguayra 12%913V&c.; choice Rio. lijt iu(e.; prime, do.. 9%01OV&C.i fair, do., f? BVsc: common, do., 8Vfjftt%C. CHEESE ? Largo full cream, 13V&c.; small full cream. 13%@14c. SUGAR?Market steady. Tho plan of selling sugar at delivery prices has been suspended for the orcsent. All quotations will bo mado f. o. b. Norfolk. Cut Loaf, 5.55; Patent Cubes, 5.30: Powdered. 5.2.'): Pine Granulated, 5.15; Standard Granu? lated, 5.16: No. S, 4.G0: No. 9, 4 55; No. 10. 4.50; No. 11, 4.15: No. 12. 4.10. Granulated, put up In 2 and 6 lb. sacks, In barrels, 5.25; .n cases, 2 and 5 lb. cartoons, 0 23. Sugar has ndvanccd 10 points. SYRUPS AND MOLASSES - Mark*: firmer at the ndvenco; syrup, good la choice, 21<if22c: lower,grade syrup, 12@lGc.; molnsses, Porto RICO, 20?2So. PROVISIONS. BULK MEATS?Market firm: rib Bides, f>'/(c.: bellies, eastern, light-weight. 634c; bellies, western, heavy. 6'ic. HAMS?Sugar cured. il',4c DRY PLATED JOWLS-4%c. PORK PLATES?5*}iC, MESS PORK-1S98 and 1S99, $11.50. HAM PORK?New. $12.25. LARD?Pure butchers". In tierces. 7%c; compound tierces, as to brand. Gt?j'Cc; 10-lb. tubs nnd OO-lb. tins >4e. more. WOOl_Unwasned. lie.; bulk/, I to To. lex?: Trj.hrrl wool 36c: black. 12He. to 16. IIIDES?O, S., 7%; green. 6%; dry flint. It; drv salt. HW: damased. 1. SALT IlMBH. HERRING?New North Care'tna cut, $4.25; Eastern, barrels, $3.755f4.75; Potomac, gross. $3.00; mullets. 100-lb. kegs,. $4.50; spots. 100-lb. kegs. $5.75; mackerel, good No. 2, $20.00; whllo fish, new catch, 100-lb. kegs $3.00; SO-lb. kegs, $2.50; 70-lb. kega, $2.20.' PRICE, MCCORMICK Sc CO.'S Weekly Cotton Review, Now York, Fob. 8th, 1900. Tho cotton market to-day touched, the highest prices of tho seuson thus far, and higher prices than havo been reached sine? September 10, 1S98, when tho world most acutely felt tho shortage. In supply resulting from tho doflclont crop or 1S05-C. August contracts havo sold at 8.37 cents per pound, and, so far ns tho Now York market Is concerned, tho activity hero has been to a certain extent transferred to tho August option, In which Micro has- been an Increased volutno of trading and concern? ing tho manipulation of which rumor has been rife and suggestions numerous. Tho bald facts of tho situation uro cx- j pressed In tho following figures: The] world's visible supply, ns made up by the Financial Chronicle last Friday evening, was 3,631,000 bales. This Is smaller than [ any ilgurc slnco 1S91. In that year, on tho corresponding date, tho world's visible supply of cotton was 3,5-10,000 bales, and | cotton sold at 9!4 cents per pounds In New York. In tho year provtous. viz., 1SW. the visible supply for the corresponding week was 2,900,000 bales, -and cotton sold In New York at 12% cents per pound. Slnco 1S90 tho world's consumption of cotton has in? creased fully 18 per cent. Slnco 1MH the estimated lncrcaso Is about 16 per cent. Tho figures may bo tabulated as fol? lows: World's Visible Highest Supply Price Feb. 2d. for Year. 1890 .2,!,6?;,0<)0 12%c. lbfll .3,640,1)00 y',?c. 1900 . 3,034,000 - Total Spindles. Kuropo . 63,816,000 UnMcd States . 85,423,000 Orient . 100,728.0? And their mathematical relation to each other may bo expressed by tho following equations. In tho llrst of which wo have compared the year 1MS0 with PK?, and in tho second tho year 1S91 will? l'JOO: Problem 1?7. equals prlco to which cot? ton will go th!s year, assuming a relative analogy of present conditions with those of 1S00. 100-20(;fi 115-3034 12.% 7. 100-LM.it'.'i HS-3^1 12.% 7. SC.?12.25. Problem II?7. price to which cotton will I go, assuming a relative analogy of pros- | cut conditions with those of 1S9I. 100-3640 115-3031 0% V. 54?10.01. In each of the above problems we havo taken the consumption for the llrst year of the comparison at KO per cent., and assumed tho present consumption to show respectively IS and 13 per cent, increase, which estimates of lncrcaso are about borno out by the lncrcaso in. tho total number of world's spindles, -as stated. Of course, such figures as these, while Interesting, may be misleading, ns the In? fluence bearing upon cotton are too many and the'.r operation Is too complex tu ad- I mit of calculation being made of them ns of a mathematical problem. Hut tho con? clusion to which they point, viz., thut cotton, in relation to tho present and pros? pect Ivo supply Is ?1111 far too low, seems to be Indubitable. Moatlt'mo much dis? cussion has developed during the week with regard to the position of tho New York market, which, as compared with Liverpool and the Southern markets, Is relatively lower than for many years past. Thus far this season It has been iii> policy of nearly all exporters and carriers of cotton to hedge llu ir purchases of ac? tual cotton, no matter where located, or i In which direction shipped, by sales of fu? tures in New York. The effect of I his volume of selling, attracted hen- largely by tho extreme latitude of our contracts, has been lo keep the New York market during nearly tho whole season relatively much lower than any other market In the world, and naturally there his beeil 110 accumulation of htock at all here, Grad ually these salts of hedges, ns they are icalled, havo been concentrated in the summer months, from May until August, with the result, in our opinion, of creating a short interest in this market of fully one-thlrd of the world's present visible supply, or say about l.HXi.OOO bales. For the protection of this short Interest there 'a In warehouse in New York at present only o,".,230 bales, of which only 33,018 bales are "certified" and Immediately rivaliablc for delivery on contracts. While those hedged sales represent complimentary purchases elsewhere, and are for tho most part made against purchases clthi r ol futures In Liverpool or spot cotton in the South, or In Liverpool, it Is evident that the longs ore not nn adequate protection for the shorts at tho prescht disparity of the New York market, because cotton cannot bo brought hero to fill iho con? tracts except at a very substantial loss. Tho query, therefore, that presents It? self to every Intelligent student of tho situation is. how long this situation will Lo allowed to continue Iwforo recognition of the real facts shall ctimo to those who h ive so Itoldly sold contracts hero and re? sult In a spasm of buying, which will bring New York inoro correctly into rela? tion with the primary and controlling markets of supply and consumption? As far as we are able lb' determine, we are of tho opinion that no titIrmpi to cor? ner tho New York market Is likely to bo made. We ourselves had occasion during iho present week most emphatically lo disclaim any such intention, but it dors se-em to us that the natural and normal operation of the law of supply and de? mand, will shortly bring about a very radical readjustment of tlie situation, and such a readjustment seems lo us Immi? nent. So far as tho crop movement Is concerned it is larger and promises to continue for tin; next three or four weeks considerably larger than last year; but taking tho season as a whole from now on we. do not expect that as much cotton will como Into sight as made its appear? ance during tho same time last year by at least 10 per cent., awl probably tho deficiency will bo greater than, this. The movement Is at present swelled by tho sales of cotton which has been persistent? ly held on limits during tho ont'.ro season, and ns sellers find buyers willing to meet their views, they aro conservatively and wisely parting with tholr cotton. This naturally results In an Increased move? ment, but isi rightly disregarded by tho trade, and the effect of tho high prices Is to rapidly denude the South ot tho cot? ton, and will probably leave us during Uio summer months with tho smallest rcservo supplies that wo havo over. seen. With a view of determining tho sltuutou accu? rately in this rospoct wo yesterday tele? graphed a very largo number of people at tho South requesting them to glvo us a quotation in 'their market for middling and good middling cotton, and to stato whother there Is still much cottoa hold back. Such replies us wo havo thus far received indicate that tho quuntlty held back is now probably tho smallest on re? cord, and should tho present advance in tho market continue, as thero socms every prospect or itsr doing, wo bellovo that by tho end of February the South will find Itself complotely BALES out, and tho only problem then loft to bo dotormlnod In connection with ?this year's crop is how high tho prlco will have to go in order to KKU out the very small supply remain? ing for consumption. (Signed.)? PRICE, M'CORMICK&CO. fcO-lt. F. S. STELLING, BR?KER, ROOM 400 CITIZENS' BANK BLD'Q. STOCKS, GRAIN, COTTON. Private wire to New York. Orders ex? ecuted Instantaneously. Ju30-Um T. F. Rogers, ROOMS 209. 210. Sit COLUMBIA BUILD* INGT^GRANBT STREET. STORES. Store SG Roanoke avenue. Oflices Grunby and Commerce streets. Two new stores on Granby street. Storo 412 Main street. Ktoro No. S3 Commerco street. Store No. 19 Bank street. Storo Nu. 45 Commercial Place. Store and dwelling No. OOS Main street. Warehouse 100 Water street. Store No. S70 Buto street. Warehouse Xos. ?* and (3 Wond.Mde Lane. Two offices In the Albemarlo building. DWELLINGS. Dwelling 208 Wllloughby avenue. Dwelling No. CO York strc-et. Two dwellings in Mottu Block. Ghent. Dwelling Li Granby strcot. Dwelling No. 90 Bousn street. Dwelling in Mottu Block, Ghent. Dwelling No. 222 York street. 1 FOR BALE.' Vacant lot3 In all parts of tho city. Valuable water front in Brambleton, adjoining N. & W. B. B. Co. Valuable water front In Portsmomn, between Ferry Dock und Navy Yard. Dwelling York Pluco und James alreel No S Hamilton avenue. 310 Bulo street. 09 and 71 (old numbers) Bank street. 49. 51. B3, 65. 07, 69 Bank stroet. Barely warehouse, Nlvlson street 209 Chapel street. Store 47 Itoanoko avenuo. 101 Cumberland street. Nos. CS and 70 Pool street 210 Park avenue. 287 O ran by street. 222 York street. 154 nnd 150 Wolf street ?96. SSS Church street. ?>::$ Buto street. J09 und 111 Brown avenuo. 273 York street 74 and 78 York street. 74 and 70 Roanoko Square ]3i Brown avenue. 022 und 621 Bulo street 12? Blgh street. 43 Queen street 311 Bank street. 14 and 1G Roanoko dock. 130 N. Marshall avenuo. 10) High street. CrOl Park avenue. 21 Cumberland street 100 Buto street. 75 York street. 422 nnd 421 Highland avenua 2*".5 York street. 2C9 York street. 41it. 420, 422 and 421 Freemason GtreeW^J 210* Bank strert. Warehouses 240 and 313 Water street Dwelling 90 Boush street Dwelling 291 Buto street. 120 and 130 \V. Main street. 062 and 856 E. Main street. Elegant dwelling 127 College Place. C tenement houses on Kent street. 16 Bill street. 18, 20. 22 and 24 Ronnoko dock. WHITE ?t GO. BEAD ESTATE AND RENTAL. AGEN7 NO. U BANK STREET. 20 I/omis St., corner York, C rooms.. 20.00 J33 York street, 13 rooms. 41.07 288 Granby strcot, 8 rooms .37.50 170 Covo street, 0 rooms .20.00 4IS Main street. X rooms, Hal.25.00 S North street. S rooms.20.00 2011 York street, S rooms.37.50 RlbblO Placo and Ghent Lots a specialty. Cottages at Virginia Beach and Ocean View. Wood-yard on water front for rent or sale. 2 new houses at Lambert's Point.... 12.50 175 Brewer street. 10 rooms .25.00 Flats at 2S9 Church street. 30th street. Park Place, 12 rooms _25.00 131 York strcot, 13 rooms . 40.00 720 Jamison avenue, 7 rooms ......... 10.00 26 North, 8 rooms ,."000 212 York, 9 rooms . 37.50 375 Bute 8 .rooms.30.00 406 Bute. 1 rooms .17-0U Ghent, 10 rooms .M-00 103 West Brambleton ave.. 8 rooms.20.00 293 Buts si.. 7 rooms .ff.-i'lH HOUSES AND LOTS FOR SALE IN ALL PARTS OF THE CITY. %t* ?J la n iion-poi?ntit?i:i r.ruflrty for (ionorrhav. NIret, Spermalorrhir;!. Whites, ii ii n ? tu r * I du chnrgpii. nr snr infianimti lion, Irrititlou or tilffrn (Ion of mil coin, nicrn .lHlEvANSCHEWOAlOO. l>w- Mon-^trlnRMit '?? Moid by DrncKlat*' or setit in plnln wrnppct by exprrs?, prepaid, foi SI .00, or .1 bot tin. I2.7.V Circular ?etil on IMum ABBOTT MORRIS, |W. W. MARSHALL. NOTICE??ll Investors or Homeseekers Will Do Well by Calling on . MORRIS, MARSHALL 8t CO, REAL ESTATE AND INSURANCE AGENTS, new -phone ss4. OFFICE,- 158 PLUME STREET. OL,d 'phone 826. AUCTION SALM THIS DAT. Special Commissioners' Sale ?OF? Valuable High Street Warehouse. PURSUANT TO A DECREE OF THE Circuit Court for tho city of Ports? mouth, rendered on tho 15th day of Sep? tember, 189!), In tho suit of William H. Btowart and A. R. Courtney, trustees, vs. William A. Nlomcyer and others, w? shall proceed to sell on , SATURDAY; February 3, 1900, at 12 O'clock Nl., at public auction before the courthouse in tho city of Portsmouth, Va? THAT CERTAIN LOT OF LAND, with the Improvements thereon, situated on tho south sldo of High street, in the city of Portsmouth, and bounded as fol? lows: Beginning: at a point on tho south sldo of High street forty-two feet oast from its intersection with Crawford etroot; from thenco running east alone High street thirty-four feet; thenco south ono hundred and thirteen feet; thenoo west thirty-four feet, and thenoo north ono hundred and thirteen feet to tho point of beginning'. Tho building on this lot 18 a largo three story warehouse, sultablo for any wholo 8alo business, and Is numbered 115 and 117 High street. TERMS.-One-third cash, balanco In Iw'o equal Installments, to bo paid six and twclvo-months from dato~~?C sale, for which deferred payment bonds, with good personal security, bearing Intercut from day of salo will bo taken and title re? served until further""order of tho court. The purchaser to havo tho option of pay? ing tho wholo of tho purohaso monoy in cash. A. R. COURTNEY, WILLIAM H. STldWART, KENNETH A. BAIN. Bpoclal Commissioners. I hereby certify that the bond required by the above mentioned decree has been duly executed. Teste: C. T. PHILLIPS, C. C. By E. THOMPSON. D.C. JOHN C. NIE MEYER, - Ja23-tds Auctioneer. THE ABOVE SALE HAS BEEN postponed to FRIDAY, FEBRUARY, 9, 1900, ut tho same time and place. A. R. COURTNEY. WILLIAMS. STEWART. - KENNETH A. BAIN, fcG-tds Special Commissioners. AUCTION MAI.Kft-VUTURK IIAT.X. By tho Morris Aucilon-houBC. 42 and 44 Washington St., opposlto City Market LARGE SALE AT OUR AUCTION 1 lou.so on SATURDAY MORNING. FEH. THE 10th, commencing at 10 o'clock, viz: Hcdrooie Suits. Parlor Suits, Sideboards, Extension Tables Hall Ricks, Carpets, Rugs, Drug, gel?, Mattings. Oil Cloth. Picture's, Cool and Heating Stoves, Crockery, Glassware 100 pair Blankets, ono Mcrchant'A Ltj ucftiso: also ono light covered Day lot Wagon 2 seats, nearly new. R. R. MORRIS, fen^l* Manager. FOR SALE! AT A BARGAIN. 144 feet on Church street and two Lots on Mary's avenue. For further particulars apply to H. L. PAGE, No. 22 Bank St. FOR RENT. Nice house. Virginia Place. 9 rooms; $25. lfiy York street, 8 rooms and hath.$35 313 Wllloughhy uvo., 7 roonw and bath; $13 519 Main street, 8 rooms and bath. 17S South Kelly avenue, at bridge, 1 rooms and bath. Nico house, on Graydon avenue, 9 rooms und bath .$25. 2S0 Chapel street. 8 rooms .$15. 3G Dartmouth strcj.t-ln uood order. ._ _ "20S Cove street. G rooms and bath ?$20 20 North street, 7 rooms .$20. Several farms near city for year 1900. Dr'.ck house, with 7 acres of land, in Kcmpsvillo by month or year. FOR SALE. Dwelling f.13 South Reeves aventto; two on Cumberland street: three on Wll? loughhy: one on South Kelly; sovoral farms on salt water. Also land by lot. block or acre. _-:?'?M * MONEY TO LOAN. H. C. H0GGARD & CO.. PHONE 749. 18 BANK STREET. W. R. Eentress & Son. dENERAL REAL ESTATE AND RENTAL AGENTS. 18 BANK STREET, SECOND FLOOR, FOR RENT. DWELLINGSt fG5 York street. 226 Wllloughhy ayenue. 435 Bute (.treat, Jan. lsU 1 Pool streot. 8 Railroad avonue. ? H> Dartmouth Btreot. 3 very. desirable; rooms. _ _ 269 Bank 8treegTSoitf}^ dwelling. SO Granny street, Jan. 1st, 1900. 78 and 80 Water Btreot, Jan. 1st, 190(1 62 Bank street. Jon. 1st,,1900. 77 Commercial Place, Jan. 1st. 1900. 3C9 Bank street, dwelling above. Building corner Water and Madison. 335 Brewer street, rooms adjoining. 424 Freemason street. FLAT. 424 Freemason I street. For further information 'phona 51* BYRD, BALDWIN & CO., BK.M1A1, AOF.NTN. HOO'IS S3 AN03? UAUMIWGTua BWII.niMU, {?IIANHY NTHUKT. FOR RENT. DWELLINGS. 130 Maple, $12.50. 434 Reservoir, $6. 430 Reservoir, $6. 155 Kelly, $7. North A. City. $10.00. Two houses on Clark street, Lam? bert's Point, each, $s.oo. 133 York, $4167. CS York, $41.67. Mnbry Arch. Ghent, $100.00. ROOMS. Front. $8.00. Front. $7.60. J01 Walke, $12.47). 719 Church, $1.50. 132 Maple, $7.50. 300 Granby. $15.00. 1S8 Maple, $7.00. 101 Walke, $12.50. STORES. 22 Cumberland, $7.50, 154 Water. $G6.60. $17 Granby, $10. 33S Bute, $13. 831 Church. $40.00. S37 Church. $40,00. $14 Granby. Sio.vO. OFFICES. 105 Granby. $16.00. 217 Main. $10 each. West Building, cor. Main and Church. Haddlngton Build ing. cor. Granby and City HaU avfc