The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-12-16

New York. Dec l5.-The total consolidated
netrecelpts at all the ports to-day we're so a53
bales; exports TO Great Britain $500 bales, TO
the continent 2OS6i bales; TO France $3.50
bales stock los, 64S bales
Total so far this week: Net receipts 299 567
bales exports to Great Britain l49 30I bales
to France 1920 bales to the continent 563Ss
bales.
New Orleans. Dec 15.-Cotton futures closed
steady, with sales OF IS 500 bales as
follows December &C. January 27c, Feb
Tuary SIC March 49c, April SIC. May 66c,
New York. Dec I5-The sun $ cotton arti-
Gle says: There was an advance early in
the day, owing TO rise in Liverpool, where
there was quite good spot business. Later
prices receded and closed to 10 points lower
and barely steady owing partly to a reaction
IN Liverpool, but mainly to large receipts at
Jhe ports ana the interior towns. together
with considerable local and southern liquida-
ton. Some who have latterly bought for
q rise became discouraged and sold out.
sales OF ls2,4O bales. Liverpool advanced >
points but reacted aud some months closed
!. 10 l point lower and all ended barely
steady, with spot sales OF - 600 bales at I'M
changed prices. In Manchester. yarns were
In moderate demand and cloths dull. New
Orleans advanced points, but lost this and
declined points. Spot cotton here was dull
ana unchanged. Sales of 29l tales for spin
ming There was an advance OF l-l6 0lRc at
nVe southern markets. New Or
leans closed weaker though without Quotable
change. NewOrleans receipts tomorrow were
the same day last week and 10 ia last year
The receipts at the ports we're to-day 1850
bales against 5S,44S this day last week and %
SS2 last year. Total for the week BOG $50 bales,
against BIB, ia last week and 207 l3t last year.
Exports from the ports to-day were "a, 4S6
bales to Great Britain; S.A6t to France, and
2O,Sbi to the continent. Interior receipts for
the week were 20 ,32S bales. against 100 $50 last
week; shipments. 76 h67 bales against lt0,543
last week and lO3, 4S6 last year; stocks 3SS. 27
against 363lO5O last week, and 3Si 900 last
year"
New York. Dec. 15--Riordau g. Co. say OF
cotton: This was a day Of lively fluctuations
IN cotton. Liverpool was higher, and prices
at the opening were the highest that we have
seen for some time. March sold on the call
AZ &c, but the advance was too good to last
The receipts came pouring in AZ all the ports
and even in the interior towns, where il was
hoped there would be a lighter movement,
the figures were far in excess Of last week
and last year. The market gradually gave
way under the pressure. The bulls sold out
in disgust, and the bears HELPED the decline
by putting out fresh short lines The whole
OF the day 5 advance was soon lost, and 10
points more besides The close was barely
steady at the lowest prices, Ts2c. being bid
for March. Bradstreet's crop estimate will
not be made public until Dec. %, but crop es-
Inmates are totally UNDECIDED, while the move
ment OF new cotton continues so enormous.
1t fairly astOnishes even the most extreme
among the bears. Unless it is speedily
checked we fear that the south must make up
its mind to face lower prices than any that
have yet been reached for the present crop