The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-29
STATE BONDS

AID iNdLllu n lu- Tenn, new set. rs lUJ
do b .---...-.1O0 Tenn. new set. IS 100
do C...-...--.... - Tenn. new SCI. IS. 5lis
La. stamped As. 9S Virginia 6 5 pref. 50
NorthCarolina IS 9A Va Trust Reefs 81
NorthCaroltna IS 1lW Va. Fund'g Debt. 5it4
Tennessee, ODDS. 80
GOVERNMENT BONDS.
United states A, registered. ...........IlSH
United States Is, coupons zoe. ............li3'
United States :, registered $500. 95's
asked. IBID.
Liverpool Nov 2s, noon.-Cotton. quiet:
prices unchanged; American middling,
47-l6d; sales 10 900 bales; American, $500
bales; speculation and export. 800 bales;
receipts, 10000 bales; American &c 700 bales.
Futures opened steady, with moderate de
mand
Futures-American mtddling, low middling
clause: November. 4 196id; November and
December. 4Is-64d: December and January
4 Is SD; January and February, 1 10 SAD, also
I Is SD, also 4l9-6id: February and March.
2O-6id' also l9-6id also 2l-4d; March and
April, 22-6id. also 2l-64d, also 2O-64d. also
4 p Gid, also 23-64d; April and Nav, 4 30 64d,
also 2i-64d: May and June, 4 1854, also "a
64d; June and July, 21-64d, also 26-64d.
4p.m-Cotton American middIing 4Sd:
good middlng. 9-l6d; middling, 7-l6d low
middling = 5-l5d; good ordinary. Sl6d; ordi-
nary, 4d.
Futures-American middling low middling
clause: November, l9-641i 20 SD: Novem.
Der and December, l9-64d buyers; Deem
Der anu January. Z lc-oftNs4 lSO4Os january
and February. i9-64G4 ~ SAD; February and
March 4 2O646s4 21-64d; March and April
4 2264d, sellers: April and May, 23-64@
24-64d, May and June. 25-64d, buyers; June
and July, 21-6id, sellers. Futures closed
barely steady.
New York Nov. 2s noon.-Cotton contracts
opened steady at 2QI3 points advance. gained
8l4 points, and are now 517 points over yes
terdaY.
New York Nov. 2s.-Cotton futures opened
steady, as follows: November, C; Deem
Der, &c; January, csc; February s CSC;
March, 8 lie; April, s lie.
New York, Nov IS p. m.-Spot cotton
closed easy; mtddling uplands l-16c; mid
ding orleans 5-l6c; low middling 9-l6c;
! sales l9 bales
Futures closed steady, with sales OF 14s 300
! bales, as follows: November. soc: Decem-
| Der, 93c; January, 95c: February, S 02c;
| March, Csc; April, l5c; May, 2Sc June.
| s zoe; July, 36C.
/ New York. Nov, 2s.-The total consolidated
| net receipts at all the ports to-day were 90 1926
! bales; exports to Great Britain 81 1873 bales, to
the continent 1906 bales to France -
| bales; stock 1091 66l bales.
Total so far this week: Net receipts te9 O7s
! bales; exports to Great Britain IS ,460 bales,
/ to France Az bales, to the continent 22,g3l
| bales.
New Orleans. Nov 2s.-Cotton futures closed
steady, with sales of $500 bales, as
January 52c, February 65c. March : 75c,
/ April s3c. May 9ic, June soc
New FORK, Nov 2s-Ihe Suns cotton ar
] lltLb says, An advance IN lglNGtDOOl CAUSED
a moderate rise early in the day, but later on
reaction in Liverpool. dizziness
and depression in Manchester, and
the liberal receipts at the ports
caused some depression, and the market
| closed slightly lower than yesterday for most
months, in spite Of the prediction of compare
! lively small receipts a. New Orleans to-mOr-
| row and some falling of in the receipts at a
few of the interior towns. Speculation
| showed no great activity and was with
out striking features. The close was quiet
| and steady. with sales OF 1913 300 bales. Liv-
erpool advanced to points but lost most Of
! this and closed barely steady, with spot sales
| of l0COl bales at unchanged prices. New Or
| leans advanced points. but lost this later on
| In Manchester yarns were in buyers favor
| and cloths were quiet. Spot cotton here was
duh and easy at unchanged prices. Sales
1871 bales for spinning. There was an
advance of 1-16c at two of the south
ern markets and a decline OF l.l6c
| at three of them. New Orleans was steady
and unchanged, and sold 1900 bales. Re
5j343 this day last week and 41,74s last year.
The total thus far this week 07s bales
| against l62364 thus far last week. Exports
from the ports today 81 l32 to Great Britain
and $40 to the continent"
New York. Nov. 2s.-Riordan & Co. say OF
cotton: The Liverpool market. as we'll as
our own, seems to be waiting for something
the bulls disheartened at the con-
tinusnce of. the big receipts, are
selling out at the best prices they can get To-
! day market, beyond aHOrdlng an liuStra-
ton of the fact just stated, was without sig
nihcance. The opening was an improvement
Of a few points March selling S,l2c.
The marl.et aIternated several times
during the day between strength
and weakness. the highest price paid for
March being S.16C and the lowest soc To
wards the last, however, the effect of the
/ heavy movement to the ports made itself felt
| in heavy selling and the close was quiet and
| steady, with S,0Sc bid for March As to the
immediate future everything will depend on
receipts Those who are usually well IN
! formed seem very confident that the crop Is
| short but as long as the receipts keep pouring
in at the present rate it is hard to see how the
market can be sustained"
say of cotton to-day: Market improved
around the opening to points above yester-
day, but finally closed ld2 points lower
than last night Considering how large the
movement was today 5000 bales against
AZ 600 bales last year, the market continues to
| show much of inherent strength, because
such receipts should have caused a great
deal OF selling by the longs, and an increase
| of the short interest, and our explanation Of
it is that there is a general fear OF falling of
| in the movement in the near future that will
| create general desire to cover by the bears.
| On the other hand. this very free movement
| strengthens the ideas of these big estimates.
but strange to say Liverpool reports better
| SPOT demand and cables say this afternoon
that spot sales at Liverpool were several
thousand after the close of business to-
day The movement thus far this
week Is lbJ,uJU B2IeS- against ABOUT
| l3l 900 bales this same period last
year and 1872 600 bales last week The ndica.
tions so far promise a smaller movement at
/ the interior than this week, last year and on
| Friday next we may see that the liberal port
! movement has been at an expense of stocks
at the visible weekly reported towns. The
| south seems to be emptying its cotton as
rap, dly as tran sportatiOn carry 1t and IL Is
no wonder that many people are skeptical as
to the leport indicating 4 crop OF 80 600 or
| Whereabouts. The figures, however, stand on
! prominently, such as we gave yesterday
namely, that on Thursday next we shall be
2500 900 bales less in sight than on same day in
/ 1887 and furthermore the amount to come into
sight after De-. l, Friday next to Sept. l.
must be 1900 L0J bales against 3, 900, 900 bales
! that came into sight after Dec. t.
| 1887, in order to make 25U.O00 bales this year
| against 900 900 bales in 1888. The move
| ment may continue large, in which event
! prices may go some lower. but we must stand
! by the reports we and others are receiving.
! We are in position both here and at our
! New Orleans ON e to obtain d great cal OF
| reliable information. and we must in. justice
| to our correspC n dents, place confidence in
! what they tell US, especially when it is con
| trmed by so many houses in the two mar
! kets.'
COTTON TABLE
Tone Mid Rec Sales stock
/ Galveston Quiet 1915 Abb sos III 3G6
/ Norfolk STEADY ~ 5.276 1858 81 $50
/ Baltimore. Noml ~ 1850 @ % 6a4
/ Boston. .. Quiet l16 3402 .. ....
/ Wilmington 2. Duh ~ 1884 90. 33, 72l
/ Philad Steady 81 $40 90. 1883
/ \. orleans. s. dy y: 2ln9 $500 aI5.044