The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-15

ding clause: October, s664Q4 37-6id; Octo-
Der and November, 3b-6AGl4 SO 6id; Novem-
per Der ana December ! So-6iGl Se6idi Decem-
and February, 96-64GG4 376Id; February and
March, 3S64l4 S9-64d; March and April, 40
6!@4 Al sd; April and May, 42-6+G4 43.ad;
May and June 4A-t4l14 45-64d; June and July,
4 4G6i14 ~ sd. Futures closed quiet.
New York, Oct. IA, noon.-Cotton contracts
opened easy at 2lb4 points decline, and closed
steady at 2112 points advance with a very dull
trade, owing to absence OF Geographic com
munication with the south and the market in
huenced by local coverings.
New York. oct. 14.-Cotton futures opened
steady, as follows: October 1sc, November
25c; December, ( 36c; January s 47c; Feb
ruary s SOC; March, 8 &c.
New York Oct. Il. 4 p motion closed
quiet; middlinR uplands SasC, middling Orle-
ans SAc; sales 800 bales
Futures closed barely steady with sales Of
900 bales as follows: October, Ice; No
vember, 25c; December, 36c; January,
Acc February, SEC March, 8 6ic; April,
S &c: May, SIC; June. 90c
New York, Oct. 1.-THE total visible
supply OF cotton for the world is 2.525 e9S
bales, OF which 2l63 FOG bales are American,
against ? 9O7 6sl and 2,5l75sl bales, respect
lively. last year Receipts this week at all
interior towns 1888, 425 bales. Receipts from
plantations 296,39o bales. Crop in sight 070 POI
bales.
New York, Oct. 14.-Riordan & Co. say OF
cotton The course Of the Senate this week
In allowing a selfish and insolent minority to
thwart the will OF the American people has
been a costly proceeding for the holders Of
cotton. There Is little room for doubt that II
vote OF the Senate upon uncon-
ditional repeal had not been pre-
vented by facttous and revolutionary
obstruction, the price OF cotton would
be at least half a cent pound higher than 1t
now is. This means that the south, whose
great crop is one for which the whole world
is always ready to pay in gold, must lose
millions OF dollars because the miners OF the
northwest will not allow the rest OF the coun-
try to say whether or not the government
| shall continue to furnish artificial
market for their surplus silver Nobody
| seems to be able to tell how long this
! outrageous state OF affairs will continue, but
! II is marvel to everybody in the cotton trade
| that cotton growing constituents should toll
| crate this fragrant robbery on the part OF
| some OF their own senator's. A month or two
! hence, when the bulk of the cotton crop has
been marketed, 1t will be too late to save the
| enormous loss to the south which is now
| going on daily. Apart from the
silver specter which is so terrible an incubus
| upon business Of every kind and especially
| upon the consumption OF cotton. the
| Influences which should control market are
| bulltsh, and trade abroad is good. The
| outlook is for a crop OF only moderate
| those OF last season. The ports are unmis-
! takably uneasy. To-day the storm had cut us
| OF from Geographic communication with the
| south and the trading was almost exclusively
| local. January opened at S42c declined point
| and then improved, the close was steady with
| sac bud for January. II things looked less
| threatening at Washington we should feel
! future nervous and very uncertain market,
and we advise our friends not to trust il far.
| but accept profits whenever they can get
| them"