The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-02-26

do dn pref. 2s Richm'd Terminal. 9lk
Enc ............... 225S Rock lsand...... 62s4
Illinois Central -. 99x do preferred =. 128il
Della Lack & w. .i45l6 Silver Certificates. S334
Lake Erie & W. 2lM Am. Sugar Ref .1l7A
do do pref. 76k do do pref. 10O1&
Lake Shore .......I ETA TennesseeC oal& l. G7J4
L'ville & Nash. 1875 do do pref. 109I9
Memphis & Char. 40 Texas Pacific.
Michigan Central. l04A Union Pacific. ..... 81
Missouri Pacific o.. 545A Wabash. &C.. ..... 11A
Mobile and Ohio. 81 Wabash preferred 2314
Nash, z. & st, L. 81 Western Union.... 95A
STATE BONDS.
Alabama class A .1O1 Tennessee Odds. 90
Alabama class B. 104 Tenn new sci. 6s. Iol1S
Alabama class c.. 90 do do IS. .lOl
Louisiana consoIs. 90 do do 3s.. 75ss
North Carolina As. 9S Virginia 6s. ....t. $50
North CaroliT es. 1913 do exmat coup. *37
So .s GdFo. Browns. ''' do consulted 81
NEW YORK. Feb. Treasury balances: Coin.
S74, 61S, 600: currency, 1928 g92 0lO-
The weekly statement Of the associated banks
Issued by the clearing house to-day, shows the
following changes:
Reserve decreased. ....,.............St. PEI l25
Loans decreased ACKNOWLEDGEMENTS. 3,941,IOO
Specie decreased. ...... .............- 2,74l 800
Legal tenders decreased. -. .....,...- 4.208 100
Deposits decreased ..........,......l0, 905. 100
Circulation Increased. 80. -............. 53T00
Banks now hold S9354,775 in excess of the
requirements of the % per cent. rule.
COTTON.
LIVERPOOL, Feb. 25, noon.-Cotton opened
dull prices generally in buyers favor: Ameri-
can middling uplands i.l6d; sales 1000 bales
American {, 400 bales; speculation and export 500
bales receipts 90, 600 bales-American II, so
bales. Futures opened barely steady.
Futures American middlinZ, low middling
clause, February delivery ID; February and
March delivery ID; March and April delivery
I 60-64d, also 5964d, also 5S-64d; April and
May delivery 90 odd, also 4 59-64i; May and
and June delivery Sd, also 6S-64d, also
% CAD, also 6l-64d; June and July delivery
sd, also 4 62-64d, also 4 63-64d; July and Au-
gust delivery 3-64d, also 2-64d, also 5 1-64d,
also Cd, also Lad; August and September de-
livery 1854, also l-64d, also 3D.; Septem-
Der and October delivery 6O-64d.
p. MIXTURES: American middliug, low
middling clause. February delivery 4 57-64d,
sellers; February and March delivery 4 57-64d
sellers; March and April delivery 5T-64d,
sellers; April and May delivery 5S-54M
S9-64d: May and June delivery 6O-64d, BUYERS:
June and July delivery 62-6Sd, sellers: July and
August delivery 63-6lGl5d; August and Sep
TENDER delivery 6S-64d, buyers; September and
October delivery 67-64d value; October and
November delivery 4 54-6404 55-64d: November
and December delivery "a -64GD4 55-64d; De-
cember and January delivery ID. Futures
closed barely steady
NEW YORK, Feb. %, noon.-Cotton futures
opened weak. closed steady, as follows: Feb
ruary delivery &C, March delivery Ole,
April delivery Csc, May delivery 9 l5c, June
delivery 26c, July delivery 32c.
Cotton contracts here opened steady at 50S
points decline as following Liverpool rallied
305 points, and closed ste ady at 5019 points be-
low yesterday, with sales of 1880 bales
Trading entirely local. Port receipts were
estimated for to-day at 900 bales against 13 107
bales last year, and for the week at SIS 900 bales
and at the interior for the next week 49, OO
bales.
NEw YoRK. Feb. %, 500 p. m.-MiddlinE
uplAnds 9Lc; middling Orleans sl6c; low mid
ding uplands 13-l6c, good ordinary Size;
sales Sos bales, Spot cotton closed dull aud
easy.
F1tures-Merket closed steady. with sales of
49, 800 bales, follows: February delivery
C, March delivery 9 DC, April delivery csc,
delivery SIC, August delivery S5c, Septem-
Der delivery 1sc, october delivery 8 l0c, No
vember delivery 0io
Total net receipts at all the ports
to-day were S,305 bales; exports to Great
Britain 1881 bales to the continent l. 705 bales
to France - bales; stock 947, 5l4 bales.
NEW YORK, Feb 25.-The SUMS cotton article
says: What has next week in store for the con-
tending factions in cotton speculation? That is
the question which is aRitatIng the mind of the
average member of the trade. In the mean
time Liverpool is dull and depressed, and Amer
lean markets reflect the foreign dependency.
The crop movement is light, however, and the
friends Of cotton insist that the market wants
to go up and is held back by
in England; that this state Of
affairs cannot long continue, and that when the
strike is settled the natural course of prices will
be upward. Bears on the other hand say that
the resumption of work In the Lancashire mills
have already been anticipated in the price Of
cotton, that meanwhile stocks are very
large the price is relatively high;
supply and demand the situation is inherently
weak. Prices declined TO points and closed
steady, with sales of ll3600 bales. Liverpool
declined points and closed barely steady. with
spot sales of 1000 bales. In New Orleans flu
lures declined to II points. Spot prices here
were depressed, but without quotable change.
Sales were 1873 bales for spinning aud the
deliveries 200 bales. There was a decline Of
l-l6c ct two of the southern markets and New
Orleans was weak. Southern spot markets as
rule were dull and unchanged. The receipts
at the ports were S.306 bales against 49, 500 this
day last week and 13, l07 last year Exports
fsom the ports were 1858 bales Receipts at
three interior towns were 1918 bales against
I,714 this day last week and !, 404 last year
GALVESTON, Feb. 26.--Cotton closed steady :
middling 915c; net receipts 2l7 bales, gross
none; sales 303 bales; stock 16,0e2 bales, ex-
ports, to Great Britain 1897.
NORFOLK Feb. 25.-Cotton closed Quiet.
middling sc; net receipts $50 bales, gross none ;
sales 65 bales; stock 4,2S4 bales; exports,
coastwise 43
BALTINoRE, Feb, 25.-cotton closed nominal;
midaling csc; net receipts none, gross 1926
Gales; sales none; stock 10000 bales
BOSTON, Feb 25.-Cotton closed quiet; mid
ding $40; net receipts 149 bales, gross 655;
sales none; stock none; exports, to Great Bri-
tain ], 623 bales, coastwise I,705
WILMINGTON, Feb 25.-Cotton closed dull;
middling SC; net receipts 81 bales, gross none:
sales none stock l0,3 1888 bales,
PHILADELPHIA. Feb 25.-Cotton closed quiet:
middling 93sc; net receipts 1888 bales, gross
none; sales none; stock 13, $40 bales.
NEW ORLEANS Feb. 25.-Cotton closed dull
AMI easy; middling 1-l6c; net receipts SAY;
bales, gross $3.50; sales 600 bales stock 800 400
bales; exports, to Great Britain $3.50 bales,
coastwise $40
NEW ORLEANS, Feb. 25.-Cotton futures
steady, with sales of 1890 bales. as follows:
February delivery 8 75c, March delivery zoe
April delivery SIC, May delivery CSC June
delivery O2c, July delivery 08o, August de-
livery Csc, September delivery SOC, October
delivery & zoe, November delivery CSC
MOBILE Feb. 25.-Cotton closed steady; mid
ding s16c; net receipts 267 bales, gross none;
sales 600; stock 2153 bales; exports, coast
wise $40 bales
MEMPHIS, Feb. 25.-Cotton closed quiet;
middling SEC; net receipts s97 bales, gross
los; sales 500 bales; stock l10,9 07 bales.
AUGUSTA, Feb. 25.-Cotton closed quiet but
steady; midding &c; net receipts 81 bales gross
none; sales SO bales; stock 37,151 bales
CHARLESTON, Fob. 25.-Cotton closed quiet /;
middling 91sc; net receipts $50 bales. gross none;
sales none; stock Al, $50 bales exports coastwise
I3S bales
C1Nc1NNAr1. Feb. 25.-Cotton closed firm;
middling q3sc; net receipts 437 bales gross
none: sales 800 bales; stock 1893 bales
LOUISVILLE, Feb. 25.-Cottoa closed stead (;
midding 93sc; net receipts none, gross
none; sales none; stock none
ST.. LOUIS, Feb. 25.-Cotton closed steady;
middling Csc, net receipts 621 bales gross
l. Clio bales; sales lO5 bales; stock 1O3, SO bales
middhng 91ko; net receipts 1876 bales; gross
EalAa hal