The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-09-06

L
weighed and put side as the best. and OF course
is sold for high price. It is said that the do
nestle crop of sea island is not sufficient 70
supply the increasing demands for cottons
suitable for the comoing machine. and the EN-
ployment Of the long stapled cottons OF Egypt
and Peru is becoming more general among the
cotton mills of New England and elsewhere That
manufacture a fine grade OF goods. For the
fiscal year just closed there were imported
into the United States 7,973i39 pounds
OF foreign cotton, being an IN
crease Of nearly 100000 pounds over
the amount imported the year before. Inc
most of this cotton was Egyptian. shipped from
the Liverpool market The British cotton
spinners, especially those about Bolton, England,
are increasing their demands for long stapled
cotton for fine spinning. TIE season closes with
compare lively small stock carried over, not
wiihstanding the largenesS of the production
and the bal quality Of the cotton.
| September.-As is usual the opening month
was rather duh one and the first sales were
mostly for types. There was. however, or
| assortment, and the market was rendered very
| firm thereby, the openiug sales being at 2O19c
Tor MEDIUM fine. Prices steadily advanced 10
&c. The light offerings continued, ana tne
month closed with a very active demand The
total recelp s for the month were 4O3 bags ana
| the sales were 345 ba s.
| DC ODER The tai receipts for the month
were 4.1Sl bags and the sales 1888 bags The
| heavy receipts had the effect OF quoting the
| market; besides, freight room beca' ne scarce,
80 that buyers for freight account were rather
easier IN their Vie v, and pr ceS IN conseql nee
weakened, but rallied slightly again only 20 fali
| IF on the continuance of big +, ceipts and the
eavy advance in the rates Of freight. Medium
| 4 ie closed barely steady at 21151214 cents.
kings were principally for European &C
count.
,Uember-The arrivals during this month
| c ntinued freely and the market ruled easy.
| .e inquiry seemed to run TO good medium and
rades above, lie all otner qualities yer;
| neglected. The offerings were mostly IT,
| IA quality, and all fuu gra les were he -
| Toward the close of the month the II g..
| Iuarantnei cotton We're very heavy. II $
nand was steady. and the month c.O =
tue market at % cents for medium &.
very firm for all clean and bright cottous ne
Total recei pts for tue month were ,169 bags and
| tue sales 1895 ba IS.
Dece aber.-Tne receipts for the month we're
| anormous, the total being 1925 bags, and the
'aleS for the same time 6,S7 bags. The mark t
| vas firm for all bright qualities, which were
Mostly inquired for and Of which there were
| very small supplies, while on the other hand the
| low grades, Iich were off colorin preparation,
| were abundant, for which there was no demand
| lhd prices were very easy. The most desirable
grades continued to strengthen, ana all offer
| ings we're readi taken the month closing with
Medium fine still at PC and the choice grades
| q shade higher, prOpOrtiouately, and Scarcer.
u.
ont this month for the best quality of cottons
out the scarcity continued. The light receipts
f such cottons caused factors TO withhold
| hem from sale In the meantime the poorer
qualities continued to bank up, and the market
| Weakened, causing prices to decline fully 10113
| ents all around. 1nIs concession due to
| he heavy accommodations of poor cotton, and
| t ne inability of holders to carry it. Medium
| hne closed at 20 cents. 7 total recei Us
| turing tue month were 5.39S bags, and the sales
| were {, 1872 bags.
Februuyy-During this month the scarcity
| OF the desirable qualities continued. There was
| good demand, however, and stocks were re-
| uced somewhat. There was no further dec inc
| IN values, and prices were fairly well main
tained. The mon.n closed with medium fine
| still a zoe. The total receipts during the month
| were $50 ba S and the sales were 3,347 bags
Ma, ch.-The tot Il receipts for the month
we're only S7o bags, while the sales were 1863
bags. The arSe stock of poor grade cottons
ghch had previously accum lated freely
| )fered, whil4 the best grades were firmly held
The marEet was more or less inclined to dull
ness, and buyers were somewhat indifferent,
and as the month progress d the market be-
came quiet with a slow inquiry which con
| ined principally to grades Of fine and cnoice
Ie w "a Inc closed the month fractlonally lower
at 100000.
| T.. .-IAis was very dull month through
ut aud there was lit lie d ling, owing to the or
| assortment. The common grades and cottons
| IF in preparation were still neglected. There
was some little inquiry, but principally for
| bright cotton, and even in tn Sc orders Were
| mainly for small lots. though at unchanged
| prices The total receipts for the month were
| 40 bags, and { re sales were 247 bags.
| v g--The total receipts for this month were
| "a bags, while the sales were oaly Is bags. With
! lis month the season was very far advance
| and very dull feeling prevailed throughout the
| month. There was very sloH inquiry, and all
| 81 Sns pointed to factors carrying over a con
| 81 terahle STOCK of poor grades and stained cot
| tons for the coming fall.
| Jute - Gore WIS apparently dearth of
| ar oh fn
| create any active business or to change the
| oasis at which values mad about settled The
| quiry was light and business small. 1t was,
| however an improvement over the pre-, ious
| month. The total receipts for the month were
| 'ags, and the sales for the same time were 2?9
bags,
~ and Auaust-There was not a single
| feature calculated to en- iven the market or
change the complexion of affairs in the slight
| est degree. There was pract cally no demand
| to speak of, consequently there was very little
stock moving, and the market was entirely
| II rmnsL There was considerable stock carried
| over, which is composed of undesirable aud
at most of unstable cotton. The receipts for
| the past sixty days were very light The last
| sales of the season were some % bags of good
medium at 2015 cents.
CROP PROSPECTS.
Advices from the growing crop are fairly
| good, although it is somewhat backward, fully
two weeks. The first bale of the new crop
l ". DO
Aug. n, fully ten days later than that of the
year previous. The reports from Georgia in
dictate lightly less acreage but planters hav
been fertilizng literally. and with favorable
weather there will probably be a good YIELD
fully enough to Offset any loss in acreage
From Floridl reports are pretty much of the
same terror, except that the caterpillar has sud.
denly become very entifu and is doing
serious damage in some sections Tht
continuous rains had much to dc
with their appearance. There are
also some advices of slight rust, caused. il
is believed. by poor sandy soil. In South Caro-
lima there is said to be an increase in the acre
age of about 10 per cent, but caterpillars made
by the frequent rains, but planters were using
freely the best known preventive-Pa is green
On the whole, it is believed that only an average
crop will be produced, taking as basis for tn,
estimate the outlook for the probable future
weather and comparing it with the conditions
which existed the previous season. Last YEA
| il August the prospects re excellent bu
later GA bad weather spoiled all and resulted ia
the poorest quality of cotton ever known
Dealers are in a quandary about prices. A
small order of 25 bags of the crop was filed ,
couple of weeks ago at 20l6c for good medium
The season may open at pc for fine. or ever
higher as it is expected that there will be ,
good demand for good cottons in the early part
| of he hA Eovn