The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-05-07
following were the closing bids:

| Alabama, class b lO4 Tenn, new set Is 100
| Alabama, class G. 95 Tenn. new set rs. 1906
| Louisiana cons Is. 94DSlTenn. new set 3s ~
! North Carolina As. 81 Virginia IS. $50
! North Carolina 6S 100 do eX-mat coup A35
| ). Caro- a Browns. 97* Virginia consols 50
GOVERNMENT BONDS.
| United States As registered g.. ..,....I12tS
} United States As, coupons .............,.1i2%
| United States p. Observation-Disclosures. 400
IBID
! New York, MAY 6.-Sub-treasurv balances.
| Coin $50, 6Sl 900; currency, Sl33O10OO.
| The weekly statement Of the associated
banks, issued by the clearing house today,
shows the following changes:
| Reserve increased Observation-Disclosures $40 OBS
Loans decreased OBSERVATION-DISCLOSURES. 262 SOC
| Specie decreased observation-disclosures. 533 FOG
| Legal tenders increased. $40 SOC
Deposits increased ...............,,... T47 100
| Circulation increased ............. % zoo
The banks now hold ST., S35. IT'S in excess of
the requirements of the % per cent. rule.
Cotton.
Liverpool May 6-Noon.-Cotton opened
! quiet prices steady: American middling up
| lands Sled sales 5000 bales-American ), zoo
| bales; speculation and export 500 bales: re-
| cetpts 1900 bales-American 800 Futures
steady; demand moderate
| Futures American middling, low middhng
| clause, May delivery ID; May and June
! delivery l264d; June and July delivery
| l4-64d; July and August delivery i5-64d
| August and September delivery l7-6id also
l66id; September and October delivery
| Il, OCTOBER ana NOVeLn Der delivery 1850 ::
| November and December delivery 20-64d /
| December and January delivery 2l-64d.
| / p. MIXTURES: American middling low
| middling clause May delivery 13-64d sellers:
| May and June delivery 1860. sellers; June
| and July delivery 14-64d, also l5-64d; july
| and August delivery 16-64d. sellers: August
| and September delivery 17-64d, BUYERS; Sep
| TENDER and October delivery lS-64d BUYERS;
| October and November delivery 4 l9-64M
206id; November and December delivery
4 206494 q 64d; December and January de-
livery 422-64d, sellers. Futures closed firm
New York May 6-P. M.-Middling IN
lands 1916, middling Orleans Lice good
ordinary C, low middling C. Sales Az
baleS. spot cotton quiet.
Futures closed quiet, with sales of So 800
bales, as follows: May delivery z 41c June
delivery z 54c, July delivery SAC, August
delivery nc, September delivery IRE
October delivery SIC November delivery
9Oc, December delivery 06c, January
delivery 02c.
New York, May G-The Suns cotton review
says: The news from Liverpool both by
public and private adviceS, was more bullish
and some OF the crop advices from the south
also were more or less in favor of the friends
OF cotton. The rainfall in Texas is not as
cOpious as it should be to facilitate planting
operations. The lower Mississippi river is
falling rapidly The worst is believed to be
over in Wall street Prices advanced 6 to 4
points. but lost most of this and closed
quiet, with sales at 5000 bales. The pool ad-
vanced to points, closing very steady, with
Orleans
vanced to points. Spot cotton here was
quiet and unchanged. with middling uplandS
at 1866 and sales 200 900 bales for export
and l47 for spinning; delivered on contract
100 bales. southern spot markets were gen
orally quiet and unchanged. Savannah
was easy. The receipts at the
ports were 1852 bales. against 8,0i3 this day
last week and COL last year. Exports from
the ports were Il. 737 to Great Britain Re
Ceipts at thee interior towns were 433 bales
against 400 bales this day last week and 754
last year
New York, May 6-Riordan & Co. say of
cotton: The week just ended has been
marked by frequent and feveriSh changes in
the cotton market. The fuctuation how
ever, having been within a comparatively
narrow range. The rather mixed character
OF the crop reports from various sections,
the threatening floods in the western rivers
and the unsettled feeling in financial circles
have combined to make traders unusually
timid and cautious and those who have con
tented themselves with small profits chang
ing their position promptly from buyers to
sellers with every advance of 10 points have
made tritiing gains so often as to pool upa sub
Stantial and satisfactory aggregate. Liverpool
to-day showed an irregular Improvement nut
the effect upon our market was inConSiderable
August opened al 7.74C, advanced to Z nc but
soon gave way under free offerings and closed
at ire bid with the tone quiet, The report
OF the agricultural bureau to be issued on
May TO- is looked for with unusual interest
There is little TO encourage the friends of cot
ton in the present statistical position. The
a bad season and short crops, at the moment
we can see nothing to warrant the expecta
tion of any serious disaster to the crop We
are inclined just now to favor cautious sales
upon rallies, but the situation is liable to a
sudden change any day
Atlanta, May 6.-COtton closed quiet;
middling 3-l6c: receipts - bales
Galveston, May Cotton closed quiet;
middling rae. net receipts ,O53 bales, gross
l,05S sales none; stock 1868 bales.
Norfolk. May 6-Cotton closed steady; mid
q f,ot
702; sales 1856 bales; stock 5000 bales: ex-
ports coastwiSe 272 bales.
Baltimore, May Cotton closed nominal;
middling 75c; net receipts none, gross none;
sales none; stock G704 bales
Boston, May 6.-COtton closed quiet; mid
ding l3-l6c; net receipts $40 bales, gross
a87; sales none; stock none; exports, to Great
Wilmington, May Cotton closed firm;
middling nc; net receipts - bales, gross
A.: sales none; stock 7705 bales.
Philadelphia May Cotton closed quiet;
middlinR sac; net receipts l0l bales gross
lOl: sales none; stock IL, 1875 bales.
New Orleans, May Cotton closed quiet
middling 9l6c; net receipts 2,0l6 bales, gross
2l2T; sales 800 bales; stock 1891 bales: ex-
ports to Great Britain l25l0 bales coastwise
526S bales
Sept to May 3 inclusive Port receipts
4,76l.0l3 bales against en- O6l bales last year
and 65S2,5I bales the year before last. Over
land to mills and Canada Sl2 $50 bales against
l1Sl $50 bales for the same time last wear
Interior stocks in excess Of Sept /: lS7 .5i0
bales against 2l3 800 bales for the same time
last year. southern mill taKings 53S 531 bales
this year. against 52i .OO9 bales last year Crop
brought into sight during the ~ DAYS 10
date; B.2i9 1875 bales this year, against {s7 4BO
bales last year and s26S,3f4 bales the wear
before last. Crop brought into sight for the
week 81 O97 bales. against 81, 502 last vcarand
5i,aSS the year before last. Crop brought into
sight for the first days Of May: 10 s55 bales
against p 800 bales last year and 80. ST. bales
the year before last
Mobile May 6.-CottOn closed firm.
mlddlinE Ihc; net receipts 10 bales. gross
l19; sales 800 bales stock 1897 bales. ex-
ports coastwise 1855 bales.
Memphis, May Cotton closed stpadvs
middlnF iSc; net receipts ~ bales. gross
~ sales $50 bales; stock 80. lp7 bales
Augusta, May 6.-Cotton closed ouiet but
steady: middlinR Thc, net receipts ~ bales.
gross az sales -, stock 20035 bales
Charleston, May Cotton closed Quiet.
mlddlng use; net receipts ! bale gross 1.
sales 30; stock 263Ti bales
Cincinnati. May Cotton closed qui0t bur
steady, middlng re; net receipts ora
bales gross Oifi sales a51, stock 81 805 bales
Louisville, May Cotton closed stendv.
middling Be- net receipts none, gross none.
sales none. stock none
~. Louis, May 6-Cott0n closed steady.