The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-12-14


LIvERPooL, Dec. IS, 1890 p. m.-Spot cotton
| opened steady; littls doing: American middling
/ uplands sgd; sales 5000 bales; speculation and
export l 600 bales; receipts $4,000 bales-Ameri-
| can "a, 200.
! Futures American middling. low middlIns
| clause December and January delivery ID;
January and February delivery 6-64d, also
| sod, also 4-64d; February and March de-
| livery 9-64d, also S64d also 7-64d; March
! and April delivery i2-64d, also 1l-64d. also
) l064d, also 9-64d; April and May delivery
| 8 1860, also i3-64d; May and June delivery
| 5 1064d, also 15-6<d, also 5 1860; June and
| July delivery sod. Futures easy.
| 2p: MIXTURES: American middlng, low
middling clause, December delivery s64d.
buyers; December and January delivery 8-64d,
| buyers; January and February delivery 4-64d;
February and March delivery 7-64d; March
| and April delivery 5 9-54d April aud May de-
livery 5 12-6+d, BUYERS; May and June delivery
l4-6406 1854; June and July delivery
1850, buyers; July and August delivery
l9-64@5 s064d Futures steady.
p. MIXTURES: American middling, low
| mlddling clause, December delivery 500
| 5 464d; December and January delivery
5 S-6405 S -64d; January and February delivery
5 5-64d, sellers; February and March delivery
8 1905 S-s4d; March and April delivery
5 7-6id, sellers, April and May delivery l2-641
l3-64d; May and June delivery 1864, sellers;
| June and July delivery l7-64GD5 1S-64d;
July and August delivery 5 10000 20-64d.
| Futures closed firm.
| NEW YoRK, Dec. 13.-Liverpool this morning
was disappointing. on which our market de-
| clined Light receipts. however encouraged
| buying, and recovery followed. but the i'm
provement was met with liberal offerings and
| slight weakness was again developed, attended
| with somewhat feverish and unsettled tone.
The anti-option bill, which it was now under
stood will be called up in the Senate this after
| noon. was restraint to both activity and firm
ness and caused some disposition TO realize In
the afternoon the cotton market was active on
a steady upward movement in quotations,
which resulted before the last hour In Advsno.
| ing the list within few points of
| last nights final 6puPaS 10 rfH Moth
being largely due to reports from
Washington that dilatory tactics would be re-
sorted by the opponents of the anticipation bill
in the Senate TO prevent its passage. Just be-
fore the close realizing orders resulted In = de-
cline. the net result Of the days business being
| loss OF 406 points on sales of 2l5.000 bales
due to fresh purchases for account of western
have recently been Interested in in
the market. Trading was kept up at a regular
steady pace, but the operations were not
marked by any special feature; indeed, the pro-
ceedings were very monotonous the greater
ton of the Senate on the anti option bill was
closely watched, and aside from the slow
movement Of cotton along the Atlantic sea
board, indicating that little remains to
be marketed, this formed the chief
topic Of discussion on the floor
of the exchange. The actual receipts at all
ports are 40, S6e bales against 52,5e4 last week
we're registered al the cotton exchange to-day:
L. M Taylor and W. F. Moore, Orlando, n. G. ;
E. @. Seckendorff. Charleston, SC; R. L. Wat
son. Petersburg. Va; Z. T. Norris, Baltimore
The members Of the exchange to-day voted to
hold no session Dec "a and 81
New YoRK, Dec. 13.-The following is q sum
mary of Hubbard, Price & Co g cotton circular:
sales in Liverpool to-day we're G, 900 bales "Spot
Futures opened at an advance of sod but
lost the improvement in part and closed
3-6404-94d above yesterday Our cables at
tribute the recession as due to fear of bigger
receipts next week and small purchases of spot
cotton by spinners. The slight advance
in Liverpool in view of the strength
here yesterday a distinct disappoint-
ment to the trade here, and an opening
decline Of 10 points brought out considerable
long cotton; after the opening the market raj
lied slightly, but again sold off until an extreme
loss Of IL points from last nights figures had
been established by Il o'clock. A recovery OF
o points followed by O'Clock. The recovery
pool cables advising that the crop prospects In
East India were less favorable, and the supply
of cotton available from that quarter would not
exceed last years production"
NEW YORK, Dec 49,, oon.-Furures opened
irreyular, as follows: December delivery 45c
January delivery Acc, February delivery
95sc, March delivery 69c, April delivery Sac.
NEw YoRK. Dec. IS, noon-The decline CT
264d ct Liverpool, after opening of 5-64d
advance caused some nervousness in this
market, and resulted In a loss of points in the
first sale, followed almost Immediately by
further shrinkage, with January selling down
to 45c, February 55c, March Q 66c, April
7Sc, and May sec. At this juncture 596
points advance took place on light sales in the
first hour. and an improved business In the
second hour, with the chief sales In February
and March deliveries. Liverpool's closing sales
were at a gain of 3-64Q4-64d for the day, but
local traders were not disposed TO follow. The
feeling here was nervous and hesitating
especially in view of the continued small de-
mand for spot cotton at Liverpool, to-day's
sales at that point being confined to 5000 bales.
with middlinR quoted at SGD. Spnners abroad,
however, are known 10 hold light stocks, and
their present small purchases are regarded by
the bulls element Of strength, and must
soon be followed by very active demand
Port receipts to-day were estimated at 10000
bales against 4s 900 bales last week and 81 900
bales last year Galveston and Mobile were
ahead of last. New Orleans was $4,000 bales
behind, Savannah 1900 bales and Charleston
/. 200 bales. The bear element is laying some
stress on the fact that the movement at pres
emit does not much vary from that in 1897, when
the crop was ,0000 600 bales; while Others are
not losing sight OF the fact that the present
visible supply is about 1,000,O0 bales ahead Of
two years ago, and the demand from spinners
was comparatively light. Sales of futures to
noon i25, 900 bales. Noon quotations: January
delivery 43c, February Soc, March roc,
April 9 roc May SEC. Market steady.
NEW YoRK. Dec 10, BOO D. m.-MiddlinR
uplands SIC; mddling Orleans l5-l6c; low
middlng uplands 9 5'l6c; good ordinary 55sc;