The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-12

Cotton.
liverpool. Oct. II, noon.-Cotton. moder-
ate demand; prices unchanged; American
mlddling 45sd: sales 10000 bales, American
$500 bales speculation and export 900 bales;
receipts 4,COJ bales, American 700 bales. Flu
lures steady; demand fair.
Futures American middling fair, low mid
ding clause; October, 3l-6id sellers: Octo-
Der and November, 4 80 64d, sellers: Novem-
Der and December, 3C-6id. sellers; Deem
Der and January, 30.640 4 31-64d; January
and February, 4 32-64d, sellers; February and
March 4 -64d sellers; March and April 4 3d.
Gid, buyers; April and May, 3S-64d, buyers;
May and June 440-6404 Al Gid; June and July
~ 6404 43 6id. Futures closed quiet and IN
changed to 1-64d decline
New York, Oct. H. noon.-CotUon contracts:
The Liverpool market did not decline TO the
extent expected, and contracts here at the
opening advanced 9G15 points in consequence,
which was followed by a loss Of SOLO points,
at which shorts started in to cover and prices
regained 4G6 points. Sales thus far $1,000
bales.
New York, Oct. 1l.-Cotton futures opened
steady, as follows: October 05c, November
8 lie; December, 8 &c; January 6 sic; Feb
ruary y 4lc March, 8 49c.
New York, Oct IL, 4 p. motion closed
steady at 3l6c advance; middling uplands
838c, middling Orleans 89Sc; sales 572 bales.
Futures closed firm, with sales of
lIS7OO bales as follows: October, s O6c No
Vember 8 1Sc; December, 25c; January,
35c: February, 45c; March, Sac; April,
New York, Oct. 1.-THE Suns cotton re-
view says Liverpool advices were unexpect-
edly favorable to the bull interests. The de-
cline there was very slight in response to the
marked decline here yesterday Further
more, the receipts at the ports and interior
towns showed some falling off. Cooler weather
was predicted for Louisiana, Texas, Alabama
and Mississippi. Quite good deal OF cotton
is going out to Europe, especially to the con-
tinent, and the sober second thought
in regard to the bureau report
is that it is bullish; The buying by
New York, Southern and Liverpool opera
tors today caused an advance OF II to 10
points, and the tone at the close was firm
The receipts at the ports and interior towns
seem likely to fall below the esti-
mates current early in the week. Sales here
to-day were 178 100 bales. Liverpool declined
u to point, closing quiet with spot sales OF
10000 bales. In Manchester yarns were steady,
and cloths dull but steady. New Orleans
advanced Is points spot prices
here were Ice higher, with
sales of 872 bales for consumption
and deliveries of 200 bales on contract. New
Orleans advanced 1-lGc. There was decline
of ls0l-l6c at four of the southern markets.
New Orleans sold $500 bales. Exports from
the ports today were 22SlS bales. The re-
celpts at the ports were 1920 bales against
37.3l5 this day last week and 50, 1906 last year.
Total thus far this week 1S0,53l bales against
ISL ,902 thus far last week.
New York. Oct 11.Riordan and Co., say
Of cotton: The market to-day was just the
reverse Of that of yesterday Liverpool evil
IDENTIFY did not consider the bureau report as
any announcement to sell cotton, and the
bears were disguised to find in the cable ad-
vices no response worth mentioning to our
sharp decline of yesterday. So everybody
wanted to buy at the opening, which was at
an advance OF al out Is points, January sell
ing on the call at S.3}c. But when the buying
orders had been executed there was reac-
ton Of or points, whereupon the bears
made bold raid. hammering January down to
823c. The weakness, however, was of short
duration. The feeling improved and the
whole of the loss was soon recovered. Later
the demand became very active and $3.50
was bid tor January. The close was firm at
S,35c bid After the close the shorts we're
freely Offering $500 for January, with no sell
ers. The feeling now is that with the exist
ing crop outlook it is rather risky business
to sell cotton short. The main cloud upon
the market is the delay of the Senate in pass
ing the silver repeal bill"