The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-08-27


asked +BId
Now York. Aug 90 Sub-tr,wsury balances;
Coin. AS q02oD. currency. g. O3GOOo
Atlanta va. Aue 26-Thc clcnriuFs Of
the associated banks FOR the week were
efoo92o
Cotton.
liverpool, Aug % noon Cotton. mar
ket quiet. prices steady. mlddllng nominal
4Ad. sales 0lO bales American FOl bales,
speculation and export 500 bales; receipts
nrm: demand fair.
Futures-American middllng low middllng
clause, August delivery 6id; August and
Oetober delivery li7-6ta4 old: October , and and
November delivery 4 sod November and
| December delivery 6itc4 80 "a 10 Cad; De
oemher and January delivery Z tl-6id; Jan
uary ana February delivery 36iQff l26id;
February and March delivery lb6id. March
and April delivery --. Tenders none
p m.-Amerlcan middung fair 44d
good middling 5-l6d, middliug nominal 4lld,
low mtddling 44d, good ordinary Al, ordi-
nary 1850
Futures american middling. low middling
clause. August delivery I g-646I lO.64d; Au-
gust and September delivery 9 ftIf4 l064d;
| September and October delivery 9-6l4d
sellers; October and November delivery o
| 664 l06id; November and December delivery
1 t0GA04 lt-6td: December and January de
livery l264d. buyers; January and Febru-
airy delivery IA CAD. sellers; February and
March delivery IS 6iGti l6-s4d March and
ApIll ue4Nery lf-bitQ4 49, Ola. Futures closed
steady at the advance.
New York, Aug Is noon.-Cotton contracts
opened steady at points advance, and closed
strong ut 25@36 points over yesterday on a
poor crop, higher Liverpool market and a
generally better feeling regarding congress
and the silver BILL with shorts covering
freely
New York Aug. 90 noon.-Cotton futures
closed steady, as follows; August delivery
--; September delivery 42c; October do
! livery 5Sc; November delivery 7 69c; Do
cember delivery Soc January delivery
Csc
New York, Aug 20, p. motion quiet
middling uplands nc, middling Orleans
| nc, good ordinary 6l3-l6c, low middlng
| SIC. sales lu6 hales.
Futures closed strong, with sales Of il2 100
| bales as follows; August delivery ,
September delivery &C, October de-
| livery aec, November delivery &C, Decom-
Der delivery l9c January delivery Z Sc
February delivery CSC, March delivery 3 0sc,
| April delivery ne May delivery 26c.
New York. Aug. 26-COnsoldated net re-
! ceipts OF cotton at all the ports today wore
/ 1887 bales exports. TO Great Britain $40
! bales; to France 2 754 bales: to the CONT
| nent 400 bales; stock 2l9OSS bales.
| Total net receipts at all the ports so far
| this week were S57 bales exports to Great
! Britain Lire bales; to France 2474 bales; to the
| continent 400 bales
New York. Aug. 20.-The total visible
| supply Of cotton for the world Is 2,29l 929
! bales, OF which 1918 729 bales ore American.
! against 2.76G $50 and 05G bales, respect
| lively, last year. Receipts this week at all
! interior towns g,2l5 bales Receipts from
! plantations 1000 bales. Crop in sight 1867 48t
| bales.
New York, Aug. 26.-Tho Suns cotton re-
view says. THE bears received severe pun
| ishmeut In to-days market. Liverpool was
| higher. and the bank statement was better.
| Business men were in a more hopeful mood,
| and crop reports we're UnfaVorable, especially
| from to-day's. The buying was on domestic
| and continent orders, partly on stop orders,
n hn pl CTR at m nd ~ "A
points on September, and p TO 20 points on
| other months. Sales OF l2lOO bales Liver
| pool was u to points higher with spot sales
! Of 600 bales. New Orleans was IL points
| higher. Spot prices here were &c higher,
with sales Of l06 bales for spinning, South
| ern spot markets were quiet. There was an
advance; however o OF i,lo to &c At
| were l,sT against 2,l37 this day last
week and 1880 last year"
| New York Aug 26-RiOrdan & Co. say Of
| cotton: THE week closes to-day with the
strongest market we have had for a long time
| but its strength was almost entirely due 10
| the wild anxiety of scared shorts to cover be
| fore the expiration of the two hours OF trad
! ing. Liverpool sadvaQce to-day was littlemOre
| than recovery Of the decline she sent us
| yesterday. The crop reports in the Financial
| Chronicle were rather unfavorable as to
Texas but fairly good as to othcr portions OF
| the cotton belt. Taken as n whole, the condl-
| lions this morning were certainly not such as
to justify much advance beyond the final
| prices OF yesterday. Inc market opened
| without excitement and only about three
| points higher January selling at &c. But
| many Of the shorts were evidently uneasy, and
| their efforts to buy quietly soon became ap-
| parent. II was plain enough 10 both bulls
| and bears that circumstances favored twist
| OF the shorts before the close although few
anticipated how sharp the rise would be- The
! bears suddenly ceased TO offer and the only
! sellers were some of the holders Of long cot
ton who were willing to take their
| profits. But the offerings Of these
! were wholly inadequate to meet tho
demands OF the shorts, who seemed TO grow
| more eager every minute prices rapidly rose,
| jumping several points without single trade
! and In a very short time January had climbed
! to 1850. Then there was mOmentary lull,
| and some of the bears, thinking the top had
! been reached, began to soil freely. January
! reacted to 7.s2c., only 10 meet fresh buying
orders from the shorts, when prices again
! bounded upward January reaching 1880
! with very small intermediate transactions.
| The close was strong at about the best prices,
! 1850 being bid for January"
| New Orleans. Aug. 26-Cotton futures
steady. with sales OF 27.5OO bales as fol
! lows: August delivery Z orc September de-
! livery O7c, October delivery nc, Novem-
! Der delivery 29c, December delivery 39c.
! January delivery SAC, February delivery
| 56c March delivery zoe; April, May, June
and July.
! Galveston, Aug a0-Cotton closed steady;
| middling 6sc; net receipts 30 bales; gross
none; sales 216 bales stock 1883 bales
| exports to continent none; exports coast
| wise 653 bales: exports to Great Britain
! none; exports TO France none.
Norfolk, Aug 26.-Cotton closed steady;
middling 7lsc; net receipts bales; gross
| none; sales So bales; stock 7,751 bales OK
| ports to the continent none; exports
| coastwise none: exports to Great Brit
| ain none; exports TO France none.
Baltimore, Aug. 26.-Cotton closed nominal;
middlng nc; net receipts none gross
| $50 bales; sales none; stock 1880 bales; ex-
! ports to the continent none; coastwise
700 bales; to Great Britain none to France
Boston, Aug. 26-Cotton closed quiet; mid
receipts none sales none; stock
SOB bales exports TO the continent none;
exports coastwlse nome exports to Great
Britain none; exports TO France none.
Wilmington, Aug. 26.-COtton closed quiet
middling &c; net receipts | bale; gross
none; sales none; stock l47Oi bales; exports
TO the continent none; exports coastwise
none; exports to Great Britain none; ex-
ports 10 France none
Philadelphia Aug. 26.-Cotton closed DULL
middling Z l1-l6c; net receipts none
gross none; sales none; stock 1882 bales;
exports to the continent none; exports
coastwise none: exports to Great Great
Britain none; exports TO France none.
New Orleans. Aug. 2G--Cotton closed firm
middling 79sc net receipts 6l5 bales; gross
receipts 6i7 bales: sales $50 bales stock IL 1892
bales; exports to the continent none; ex-
ports coastwise 2.337 bales; exports TO Great
Britain none; exports to France none.
Mobile. Aug. 26.-COtton nominal; m1ddlinR
6l4c; net receipts 81 bales gross none; sales
none: stock 1888 bales; exports TO the
continent none, exports cOaStwise 70 bales;
exports to Great Britain none; exports to
France none.