The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-11-29

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LIVERPOOL, Nov 2s, 1890 p. m.-Spot cotton
firm with fair demand American middlinR up
lands SID; sales $4,000 bales; speculation and
export 900 bales; receipts 1000 bales-Ameri-
Futures: American middling. low mddling
clause. December and January delivery 1864;
January and February delivery 5 1850. also
1S-64d, also l7-64d also l6- SAD; February and
| March delivery 22-64d, also 20-64d, also 49,
| sd. also 1S-64d, also 1s-o4d; March and
April delivery 2464d, also 23-64d also 2s-64d.
also 9l64d, also 20-64d, also 81 Cad, also
| 22-64d; April and May delivery 25-64d, also
| 24-64d, also 23-64d. also 25-6id; May and
also 26-64d, also 25-64d; June and July de-
| livery 29-64d. Futures steady.
| p. MIXTURES: American middling, low
middling clause. November delivery l2-64;
December and January delivery 12-64d; Janu-
| airy and February delivery 14-6406 1t-64d;
February aud March delivery 1850; March
and April delivery 3 19-64G6 2O-64d; April and
May delivery 5 226sd, buyers; May and June
delivery "a 64Gs5 25-64d; June and July deliv-
cry 21-64d. Futures quiet but steady,
| 4 p. MIXTURES: American middling, low
| middng clause, 10 G4d November delivery
5 !O-64G5 ll-64d; November and December deliv-
cry 10-o415 1850; December and January de-
livery i0-6445 l1-64d; January and February
delivery 49, 64do5 1464d; February and March
delivery l6-6Sd, sellers; March and April deliv
cry lS-6496 19-64d; April and May delivery
! 2l-64d, sellers; May and June delivery % Cad,
| buyers; June and July delivery 25-640
26-64d. Futures closed quiet.
NEW YORK, Nov. &-FOllowing is summary
| of Hubbard, Price & Co.'S daily cotton letter:
1.-THE advance at the opening in Liverpool this
morning was 6-64d; spot sales $4,000 bales. The
improvement is attributed to buying orders for
| New Orleans account. When they were filed
that market declined and at the close had lost
the entire advance and on some positions was
slightly below Saturdays figures At the open
ing in New York the decline was reflected in
loss of from IL 20 Is points. Shortly after
10 O'Clock there was q gradual improvement In
prices, and by 10 O'Clock contracts had sold
at l0l1c. Subsequently on news Of heavy
receipts at New Orleans tomorrow nearly the
entire advance was lost, and at I:15 o'clock the
prices were about identical with opening quota
tions. During the afternoon the market be-
came decidedly easier, until at the close the
pressure to sell became very great and carried
prices down to o $50 for March; a net decline OF
800 as compared with Saturdays Close"
New YORK. Nov. 2S-At the opening the mar
ket feeling was weak and prices dropped l00i2
points, with local longs selling freely, being
sadly disappointed In a very poor response made
by Liverpool to our advance on Saturday. But
later the small movement of the crop (the
cepts of the day being estimated at So 600 bales,
against 1900 bales on the same cay last year,
| caused a revival OF commence. anu tEcG DUytpS
orders from Liverpool and the south began to
be received with considerable freedom, which
caused considerable improvement In values.
Advces from Athens, Ca, Augusta, Ga, Co
lumbia, S O., and Arkansas estimate the short
age in che crop from 25 to 24o per cent. and 9
dispatch from Memphis said Hill, Fontsin q
Co.'S crop report Is expected to be issued to-
| morrow, showing so per cent. shortage 70 the
crop in the Memphis districts. This BIT of news
was gladly received by the bulls and they i'm
| mediately set TO work to use 1t on the market,
and the consequence was that prices were again
pushed up few points The weakness ia the
Liverpool market was reported to be due to free
| selling there by the continental spinners to
realize profits. According TO the latest advices
New Orleans is the principal bull factor, they
having large buying orders in both the New
| York and Liverpool markets. Wall street is in
clined to take the bearish side. and too day saw
them moderate sellers At noon the market
was fairly active and with steady prices, show
ing an advance of 7019 points with the opening
prices with sales showing thus far in the day
| OF 225 900 bales Liverpool opened at 6-64d
higher, but by 12:45 p. m. had lost the improve
ment, and the close was easy at unchanged
prices to sd decline from Saturdays final
prices Spot sales were Il, 900 bales.
NEw YORK, Nov. %, noon.-Spot cotton
steady; middling uplands 10c; middling Orleans
10 3-l6c; low middling 9-16c; good ordinary
SIC; sales 1,065 bales.
NEW YORK, Nov. %, noon.-Futures opened
easy at l0QDl2 points decline from Saturday 3
closing prices. further loss OF / point was
quickly folio ed by recovery of all the decline,
from which prices again receded to points.
The failure of Liverpool to respond to our ad-
vance of Saturday caused a sharp break at the
opening, but the prevailing disposition to buy
speedily asserted itself, and with the rapid alb
sorption of offerings prices quickly recovered.
The situation remains unchanged. Popular
opinion seems to be thoroughly imbUed with
, the short crop idea, and this conviction Is
clearly demonstrated in the strength th at the
market exhibits. The receipts at all ports
were $4,000, against 50 900 last week and 5000
last year.
NEW York, Nov. %, $3.50 p. m.-Cotton-Fu-
H.. ala,f ka1r
| Dor delivery SOC, nominal; December delivery
| 8 sic; January delivery 50@9 sic.
NEW York. Nov. 20, 300 p. m.-Spot closed
dull at former quotations ;middling uplAnds loo;
sales 584 bales: net receipts none gross II ,O4i
bales; exports to Great Britain 5,9S6 bales; to
the continent ID, 1872 bales; stock 323,91s bales.
Futures-Market irregular and unsettled
closing weak, with sales as follows: Decem
Der delivery 5000 54c, January delivery
! 60c February delivery 1898 74c, March
delivery s5c. April delivery 8 $500 96c, May
l delivery 10 05@i0 O5c, June delivery 10 l48
10 ice. July delivery 10 2O010 22c August de-
{ livery 10 270l0 CSC. The sales of futures were
: GALVESTON, Nov 29.-Cotton closed quiet;
middhDg 99Sc; net receipts 14.4io. gross none
sales $50 bales; stock 1868 bales; exports to
? Great Britain Il, 295; cosstwse d.. 92G bales.
| NORFOLK, Nov. 2s.-Cotton closed firm
Z middling 9Nc; net receipts 3, iS5 bales, gross
) none; sales i,0l2 bales stock 5000 bales; ex
5 p rts to Great Britain 3,545, coastwise 1,41;
bales.
5 BALTIMORE, Nov 26.-Cotton closed nominal;
middling loc; net receipts none, gross none
sales none; stock Sc, 800 bales.
Boston, Nov. 2o.-Cotton closed quiet;
middliug 10c; net receipts 595 bales, gross 1855
! bales,
j WILMINGTON. Nov. 2s.-Cotton closed firm;
middling $50; net receipts none, gross 1885
/ bales; sales none; stock 1890 bales; exports
, TO Great Britain none; coastwise ,257 bales.
; I PHILADELPHIA, Nov 2S-Cotton closed firm
/ middling 10l4c; net receipts none, gross 655;
4 | sales none; stock 5000 bales.
NEW ORLE ANS, Nov. 28-Cotton closed firm
middling 1876; net receipts 16 524 bales gross
$ 1861; sales 1000 bales; stock l8S,5S0 bales
3 | exports 20 Great Britain 4735 bales.
= New ORLEANS, Nov. 2S, $50 p. m.-Cottor
? ! opened steady and closed quiet; low mddlns
I | 97-16c; good ordinary 15-.6c.
MOBILE, Nov. 2s.-Cotton closed quiet; mid