The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-05-21


Alabama, class G. $50 Tenn. new set. 5s 1Ol
Louisiana cons Is *93I Tenn, new set. IS. 7lh
North Cardinals % Virginia 6s....... $50
North Carolina 6s 12I do ex-mat. coup. *35
>. Caroa BrownS*l001a Virginia cOnsOlS. 80
GOVERNMENT BONDS.
United States As, registered. .........1f23l
United States As, coupons. .........,..... 1I24
Unted states 2S.-........ 500
*Eid.
New York, May 2O-Subtreasury balances:
Coin, s5s,2O5 900; currency, sl4 l27 900.
The weekly statement Of the associated
banks, issued by the clearing house to-day,
shows the following changes:
reserve increased. Sc 627 $50
Loans decreased. ACKNOWLEDGEMENTS. 8 500 400
specie increased. ..............,...... 42e.2OO
Legal tenders increased ............. 7153300
Deposits increased .................... 3Sl7 400
Circulation decreased. ................ Al 400
the requirements of the 25 per cent. rule.
Cotton.
New York, May 2O.-The SUMS cotton review
says: THE market hardly moved either way;
In other words, there was an early advance of
l point, but that was lost, and decline of to 2
points succeeded. There was hardly any BUSH
ness in the absence of Liverpool advices.
That market will not be open until next Wed
neSday. In the meantime the sentiment here
is rather bearish. Tho price is comparatively
low, however, and though crop adVices are
more favorable than recently, the bears are
not inclined at the present time to take the
aggressive. The close was dull with sales of
1890 bales. New Orleans declined points.
at 734c for middling upland with sales of 200
bales for export and 104 for spinning. South
ern markets were dull and there was de-
cline of 1-l6c. At three of the southern mar
kets the receipts at the ports were 351S bales
against 3 415 this day last week and 1913 last
year. Exports from the ports were g ,230 bales.
The receipts at three interior towns were 2S5
bales, against $40 this day last week and 397
last year.
New York. May 2O-Riordan & Co. say Of
cotton: The week ends with something like
in the cotton market. The Liver
pool exchange being closed until Wednesday
next for the Whitsuntide holidays, out market
is left like ship without a rudder Orders to-
day were very scarce and the room traders
were disposed to make fresh deals on either
side. We are now at about the bottom prices
so far Of the year and even the bears are
timid about selling. On the other hand, no.
body can give any reason to justify the ex-
pectation Of an advance and room traders,
barely on mere sentiment, and so the transac-
tons OF the day fOOted up less than 1000
bales, the smallest days business that we
have had for long time. August opened at
755c, which was the highest price, and soon
sagged to 7.52c. The close was duh with 7.53c
bid for August. A hopeless sort of feeling is
gaining ground among the bulls. The advices
from the cotton fields to-day are generally
very good, and now that the western rivers
seem to be gradually falling we can see moth
ing in the crop situation to encourage the
nope even OF sharp reaction. Inc only
chance of higher market seems to rest upon
the possibility of some revival OF trade
abroad, but this affords but slender thread
of hope and we are of the opinion that we
shall have occasional rallies, but the general
outlook indicates that as the summer ad-
vances Flower prices will prevail
New York, May 20, nQon.-Cotton futures
opened steady, as follows: May delivery SOC,
June delivery 7 SAC, July delivery 44c, Au-
gust delivery 53c, September delivery Sc
october delivery 6ic.
New York, May 20, p. m.-Middling up
lands 72ic middling Orleans &c. Sales 804
bales. Cotton quiet.
Futures closed dull, with sales of
$500 bales, as follows: May delivery 300
7 sec. June delivery Z 3i67 36c, July delivery
Z 44Ge1 45c, August delivery 7 53G07 sac, Sep
TENDER delivery 58c, October delivery 6i10
T 65c, November delivery 6ed7 7Oc, Decem-
Der delivery 76c, January delivery $40
z S3c
Total consolidated net receipts at all the
ports to-day and so far this week were 1888
bales; exports, to Great Britain 1868 bales,
to France = bales, TO the continent 6,S33
bales stock 522, 252 bales.
Atlanta, May 20.-Cotton closed quiet
middling &c; receipts bales.
Galveston, May 20.-Cotton closed nominal;
middling nc; net receipts 1872 bales, gross
none; sales none stock 81 los bales
Norfolk, May 20.-Cotton closed dull; mid
ding 75sc; net receipts 1876 bales gross none;
sales 8 bales: stock 25,351 bales exports,
coaStwise 81 bales.
Baltimore, May 20-Cotton closed nominal;
middling 7Ac; net receipts none, gross none;
sales none; stock 1910 bales; exports, to the
continent :, 1873 bales.
Boston, May 2O.-Cotton closed quiet; mid
ding 13l6c; net receipts 34S bales. gross
$50 sales none; stock none; exports, to Great
Britain ass bales.
Wilmington, May Observation-Disclosures:
stock go bales.
Philadelphia, May co. Cotton closed steady;
middling sac: net receipts l03 bales, gross
none; sales none; stock l2,0lO bales.
IN al, 4
quiet; middling 7-l6c; net receipts 2002
bales gross 2513 bales; sales 400 bales. stock
l4T, 729 balesi exports, TO Great Britain 2S78
bales
New Orleans, May 2O.-Cotton futures
quiet but steady, with sales of l., 200 bales, as
follows: May delivery Z nc June delivery
lSc, July delivery 25c, August delivery
SIC, September delivery 7 35c, October de-
livery 40c, November delivery 45c, Decem-
Mobile, May 2o.-Cotton closed quiet;
mlddling 79so net receipts 81 bales gross
none; sales 200 bales; stock 9,765 bales
Memphis May 20.-Cotton closed steady;
middlng 715c; net receipts 90 bales, gross 1893;
sales /. $50 bales; stock 1857 bales.
Augusta, May 20.-Cotton closed quiet;
middling nc; net receipts II bales, gross
none; sales 8 bales stock IS 654 bales.
Charleston, May 20.--Cotton closed quiet;
middling 7'sc; net receipts "a bales, gross
none; sales none; stock 5,2il bales; exports
POS buleS.
Cincinnati May eO-Cotton closed steady;
mldullng dt8c; net receipts 3S4 bales, gross
none; sales S25 stock S,7lg bales.
Louisville, May 20.-Cotton closed nominal;
middling Sc; net receipts none, gross none:
sales none; stock none.
ST. Louis, May 2O-Cotton closed quiet:
middling 7ssc; net receipts 65l bales, gross
none; sales POO; stock 6G,09l.
Houston, May 20-Cotton closed nominal;
middling 7-l6c net receipts 251 bales gross
none; sales none; stock 743S bales
New York. May 20-The total visible
supply OF cotton for the world is 3577. $50
bales. of which 1924 600 bales are American
ugainst S996S93 and 3.279 513 bales. respect
lively, last year. Receipts this week at all
interior towns 1924 bales. Receipts from
plantations 1904 bales. Crop in sight 8 3O3 402
bales.
Grain and Provisions.
New York, May 20, . p. m.-Flour quiet ana
held firmly; winter wheat low grades g. 10
az 65' fair TO fancy = 55@3 Is; patents 50 $50
%; Minnesota clear - b0Gl3 80: Min
nesota patents - 25504 20, southern flour dull
and steady; common fair to extra So 1903 10.
good 70 choice extra S3 l5lt4 %. Wheat dull
lower and steady; No. 3 rcd In store and eleva.
tor 76AWUisc; ahOat iSA17Sisc: options de.
clined, closing steady az isiifc below vester.
day. speculation dull; No. red MAY delivery
closed 1shc. juno delivery 71Ac: July deliy-
cry ne. Corn dnll and easier closing steady:
No. 2 6Uaahc Ia elevator: Size afioat
options aW Pc lower. with free oderingF ana
closed steady. with trading dull Nav deliv.
cry igAr june delivery 8salc, July delivery
fsac, August delivery lQi4C, Soptemher de.
livery a3,sc oats dull anl easier, options dun
and unchanged io se down aud steady. Nav
oeilfcr4 Hsci June delivery a5hc, July az.