The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-11


Cotton.
Liverpool Oct 10, noon-Cotton quiet;
prices easier; American middling AID: sales
1000 bales, American 200 bales; speculation
and export 5OOU bales; receipts l. 20J bales
all American. Futures barely steady; de-
mand moderate.
Futures-American middling fair low mid
ding clause; October, 4 3l-64d, buyers; Octo-
Der and November 80 64d, buyers; Novem
Der and December, 1 3C64d, buyers; Decem-
Der and January 4 31-6fd. Sellers January
and February. 32-6464 33-64d February and
March, 3564d. sellers; March and April 81
6id, value; April and May. S96id, buyers;
May and June. GA "A AZ Gid; June and July,
436ilg4 Al 64d. Futures closed barely steady
with moderate demand at 164GI2 64d decline,
closing steady at 2-6403-6id decline.
New York, Oct. 10, noon.-Cotton contracts
opened steady at 507 points decline, rallied
4Gl5 points, fell again. and are now 6 az points
below yesterday.
New York Oct. 10.-Cotton futures opened
easy, as follows: October Gle, November
orc; December. l7c; January, 2Sc; Feb
ruary SOC; March, s 46c.
New York, Oct 10, p. Motion closed
quiet; mlddling uplands 3-l6c, middling Or
leans 7-l6c; sales 69S bales
Futures closed barely steady, with sales Of
2O3, 600 bales as follows: October, SOC; No
yember, 96c; December, 07c; January,
s l7c: February, PC March, 8 SIC; April,
44c: May, 52c; June. Coo.
New York, Oct 1.-The Suns cotton re-
port says: Liverpool was lower and less
At
markets showed some depression, the
weather at the south was clear, and the
bureau report was disappointing to the bulls
Prices showed considerable depression and
ended barely steady, al decline Of Is to 20
points. There was heavy selling for
New York and southern accounts. The
bureau report gave the condition as 7O.7 per
cent against 73.4 per cent. a month ago. The
condition IN Texas improved per cent. in
the last month. he sales were 203.5 500 bales
| Liverpool declined to 2l9 points, closing
steady, with spot sale Of 1000 bales at un
changed pieces. In Manchester yarns were
dull, but steady, and cloths were quiet. New
Orleans declined 10 points Spot prices here
were 3-l6c lower, with sales of sos bales
for spinning, and 100 bales were de-
livered on contract There was a
decline Of 1-l611sc at three of the southern
markets, and nc at one of them New Or
leans sold 5000 bales. The receipts at the
ports were "a 2S6 bales against 81, 400 this day
last week and Sc, 1854 last year. The total thus
far for this week is l44,3ll bales against
14i,587 thus far last week. The receipts at
N Nv Orleans tomorrow were estimated at
1000 to 5000 against 4, $50 on the same day
last year. The exports from the ports were
l 40 to Great Britain and 1910 to the con
tinent
New York, Oct. 1O.-Riordon & Co say of
cotton: The decline in Liverpool this morn
ing caused loss of several points at the
opening here, the first sale OF January being
at $3.50. An uneasy feeling prevailed among
both bulls and bears, and the trading for two
hours was timid and nervous. January raj
lied to $3.50, but the advance was soon lost
and toward noon the feeling became very
weak, January declining to 8.23c. The an
nOuncement of the bureau that the average
condition OF the crop was 70.7c, though much
the worst October report that we
have had since 1888, was
rather better than many had
counted upon, and a flood Of selling orders.
conditioned upon the bureau report being
above zoe, burst upon the market sharp
decline ensued, January falling to S15c For
the rest of the day the market was exceeding
ly nervous. January rallying to S.24c, reacting
to S.l8c, again rallying to S.23c ana closing
barely steady at size The immediate
future Of the market depends upon Liverpool
and the receipts, The bears seem very conf
dent tonight that present prices cannot be
sustained -