The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-16

Michigan Central. 99ls do do pre-. 50
STATE BONDS.
Alabama A.. % Tenn, new set. Is 1861
do B............. SO Tenn, new set. IS 1855
La stamped As. 81. Virginia SIS T pref r. SO
NorthCarolna is "a Va. Trust Reefs IS
North Carolina6s 1l5 IVA. Fund'g Debt 80
tennessee, olds.. 60
GOVERNMENT BONDS.
United States As, registered. ........."112N
United States As, coupons ..............,.1i2I
United States 2s, registered. ............ "a
*Asked. ibid.
Cotton.
Liverpool, Nov Is. noon--Cottou moder-
ate demand at steadier prices American mid
ding, 47sd; sales 10000 bales; American.
1900 bales; speculation and export 500 bales
receipts, l0,lO0 bales; all American. Flu
lures opened steady and unchanged TO 2-64
higher; demand moderate.
Futures-American middling, low middling
clause November, 256ld; November and
December. 4 25-64d4 23-64d: December and
January, 2f6ld; January and February,
4 24-64Gl4 25-64Gt4 26-640d; February and
March 4 25-646l4 2664GI4 27-5ld; March and
April,4 27-6iG4 29-64d; April and Nav 3O-64d;
May and June, 3064d; June and July
4 S2-64s4 80 64d. Tenders 200 bales new
docket.
p. motion American middling 4Isd
good middling, .... middling, ....; low mid
ding, good ordinary, go. ordinary, ....
FutureS-American mtddling low mfddlinc
clause November, 26-640l4 27-64d; NoVem.
Der and December, 266ld value; Decem-
Der and January, 4 2G64d sellers; Jan
uary and February, 26-64Gl4 27.64d; Febru-
airy and March 4 2S-64d sellers; March and
April, 2G-64dvalue; April and May, d8-6i0
3l-65d; May and June, 32-64d, buyers
June and July, 4 346id value. Futures
closed finn at the advance
Manchester Nov. 15.-The Guardians com
mercial article says: THE market is dull
with q tendency to weakness the result
partly of the continued quietness of the
eastern demand and partly of the easier
tendency in Liverpool and also to rumors of
an increased estimate of the yield of Ameri-
can cotton. Offers for Calcutta shirtings are
frequently from pence to pence per
demand was at its best. The result
has been few transactions. Manufacturers
might have business in lighter goods by re-
taxing quotations if they were in a position
10 give the delivery required. Some orders
for finishing cloths for Northern Brazil have
teen given out. These indicate revival of
the Brazilian inquiry. Business in heavy
goods for the home trade is neglected. Yarns
are weak. Prices have declined lsc. The
sales are small"
New York, Nov Is, nOon.-Cotton contracts
opened steady at 5Q6 points advance but
weakened little on report that Neill has con
trmed his estimate Of 100000 bales with
chance Of increase should the weather CON
tinue fair. Prices now 2l3 over yesterday.
New York, Nov H.-CottOn futures opened
firm as follows: November, 8 05c Decem-
Il
March, 33c; April, 6 41c.
New York, Nov Is, 4 p. m.-Spot cotton
closed dull middling uplands 3-l6c; mid
ding orleans 7-l6c: low middling &C; good
ordinary &C. sales 298 bales.
Futures closed steady, with sales of 15l 200
bales, as follows: November. & 02c; Decem-
Der, O9c; January, 12c; February, I've;
March, 26c; April 33c; May, 40c; June
acc.
Total consolidated net receipts at all the
ports today were 4,O76O bales; exports to
Great Britain 9,463 bales, to the continent
COO bales; to France .... bales; stock COL p
352 bales.
Total so far this week: Net receipts 1879. 6S7
bales; exports to Great Britain 68, 294 bales
to France 6,633 bales to the continent "a, 1877
New Orleans, Nov. 15.-The interior move
ment for the week at thirteen leading inte-
rior towns is as follows; Receipts, 1893 100,
3S2; 1892 81 OO3 Shipments 1893 81, 1856; 1892
G,l74. Stock 272 721 240 14l bales.
New Orleans, Nov. Is Cotton futures closed
steady, with sales Of $1,000 bales, as
follows: November &C, December 6lc,
January 75c. February 8 SIC, March s 96c
April 04c May nc, June 2Oc
New York, Nov. l5.-The Suns cotton re-
view says: An advance in Liverpool and
some covering of shorts caused rise OF 4
to points at the opening here to-day, but
later on the tone became depressed, owing to
large receipts at the ports and interior towns
ana selling for local, southern and European
account, and partly again buying OF actual
estimated the Texas crop at 1000 600
bales, which was considered bulish
as was also the report of cold weather in
many parts Of the south Heavy rains
were reported in Texas, and the Their
mOmeter was down to the freezing point over
large area of the cotton belt. But the large
crop movement and the dizziness of spot cot
ton in this country nullifed the bullish fac
tors, and the close here was barely steady at
a net decline for the day of 1 to points The
sales We're l5l ,30o bales. Liverpool advanced
2to points and closed very steady with spot
safes OF l0,OOO bales. In Manchester yarns
were dull and cloths quiet. Spot prices here
were easy, but without Quotable change
Sales of ninety-eight bales for spin
ming and deliveries on contract of 200
bales. The southern spot markets were
generally quiet, steady and unchanged New
Orleans sold 5000 bales. Houston received
1920 bales against 1896 bales yesterday. and
Memphis 1898 bales against 56iS bales yes
terday Memphis and Augusta were higher
The receipts at the ports to-day were $3.50
bales, against 10, 155 bales this day last week
and 81 PIG last year. The total thus far this
week is lO3,627 bales. against 209,2S3 bales
thus far last week. The weekly movement
as reported by New Orleans shows receipts Of
lO9 0J0 bales against 234 600 bales last year
The increase in stocks at the 3points included
in this movement is % 600 bales over last week
At the end of November last year the amount
that had come into sight was 3 .4S2 0W bales
which was 5l8 per cent Of the crop. On
Friday last there had come into sight , 7O5.-
year. The amount to come into sight this
week, some think, should be about 375 0OO
which would make the total amount in sight
next Friday about 3,OS0,OC0 bales. 1t is stated
that the takings of American spinners up to
Nov. II were 10000 against Ala 900 last year
6Sl -0C0 in i 81. and 591 900 in 1890"
New FORK. Nov. 15.-Riordan g. Co. say of
cotton; The better Liverpool advices and
predictions of cold weather throu {hout
large portion of the cotton belt gave US
higher opening to-day. The first sales of Jan
strongly bid. But as the figures of the crop
movement were posted, the offerings in
creased and the market slowly. but steadily
sagged during the rest of the day, the close
being barely steady, with S.12c bid for Janu-
airy. There can be no doubt that a crushing
load OF long cotton is hanging over the mar
ket, much Of which will be sold out
if January should decline dozen D )ints fur
Their. At the moment we do not see what is
unless a sudden drop in the receipts or some
similar development, should cause the enor-
nous short interest carried in this market for
Liverpool account to be covered. The buy
ing power seems TO be exhausted and holders
are all waiting for something to turn up.
While we are not prepared to advise short
sales we feel doubtful of the possibility of
any healthy advance until after a heavy liqui-
dation has taken place. We think those OF
prepared to margin further material de-
cline. would do we'll TO reduce or to hedge
their lines.
Rev York, Nov. 15-Atwood Violet & Co.
say Of cotton: Liverpool was disappoint-
inglY good TO day; closed firm, and points
better than yesterday. There was an advance
here OF ito points, all Of which was lost by