The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-01

United States IS, registered. ...........1t0
United States As coupons ................ili
United states 2s.. ...................... %
asked. ibid.
Cotton.
liverpool Sept 80. noon.-Cotton, quiet;
prices unchanged, American middltng 4lad;
sales 1000 bales. American $500 bales; spec
ulatton and export 5O0 bales; receipts L. 90
bales, American 800 bales. Futures steady;
demand moderate. American mlddlng fair
low midding clause: september, 4 35-64d;
September and October 2264d: October and
November, 206id14 81 646t4 y sd; Novem-
Der and December, 2l-6iD4 22-64GD4 2S6id;
December and January, 236id; January and
February, % 64d04 24-64fD4 25-641o4 20 sd;
February and March, 20 64d4 % "a sD4 Z96id;
March and April, 4 29-64l14 3O64GD4 Sl-64d.
Tenders, 900 bales new doCkets.
A recount of the stock of cotton here shows
| a decrease Of 40071 bales in the stock and a
decrease Of 2,S62 bales in American as com
pared with the figures issued yesterday.
p. m-Cotton, American middling fair,
| 4 l5l6d; good middling, AID; middling, AID;
/ nominal low middling, 4qSd; good ordinary,
| Az; ordinary, 4 lid Futures-American
middltng fair, low middltng clause: October,
q 64614 2264d; October and November, 20
6iGl4 2l-6id; November and December, 2l-
Gid, buyers; December and January, 4 2264D
% sd January and February, 24-64604 %
Gid; February and March 20 646I4 % SAD;
March and April, 2964d, sellers; April and
May, 81 SD, sellers; May and June, 4 33-64d
buyers Futures closed steady.
New York. Sept. 30.-Cotton futures opened
firm, as follows: October, 70s; November
7sOc; December s2c; January O3c; Feb
TuarY, & 12c.
New York, Sept 80, 4 o. m.-Cotton closed
dull; middling uplands SC, middling Orleans
SIC, good ordinary &c, low middling s-l6c.
sales 5s5 bales.
Futures closed Arm, with sales of
1lS 100 bales as follows: October, zoe; No
vember, sc; December, z D2c; January
OSc: February, 10 March, 8 22c; April
s 32c; May, 4lc.
| ceipts OF cotton at all the ports to-day were:
34,3l5 bales; exports. to Great Britain 353
bales, to France 1888 bales; to the continent
80; stock 4s4, 2SS; total so far this week re-
| ceipts 8,3l5 bales; exports to Great Britain
A3 bales, to France 1888 bales, to the con
| tinent 35 bales.
New York, Sept. 3o-The total visible
supply OF cotton for the world is 2,22e 997
bales of which 1922 797 bales are American,
| against 2,6ls,564 and 2,20l ,0A bales, respect
| lively, last year. Receipts this week at all
interior towns 7Sl bales. Receipts from
plantations 1893, 100 bales. Crop in sight 400 ,312
| bales.
New York. Sept 3O-The SUMS cotton re-
| view says: The bulls were pleasantly sur
prised by the news from Liverpool, which
showed hardly any resi- onse to the decline here
| on yesterday. They were also agreeably sur
| prisod by the estimate of the receipts at New
| Orleans on Monday. which was 5000 to 1000
bales the minimum being about the same as
| on the same day last year. The
total receipts at the ports this week
are expected to be heavy, but the
bulls think that the liberal crop movement
hasheen discounted for the present ny the
| recent decline. The short interest here Is
| now said to be pretty large. The rumor from
| Washington in regard to the repeal bill are
also more cheerful than recently, and there Is
| an idea that II this measure is passed IL will
| help the general trade, cotton included. There
was quito good speculation for saturday
| and the last prices we're about the best of the
| day with the final tone firm. Prices ad-
Vanced to points, with sales Of 100
| bales. Liverpool declined Y to point, clos
| ing easy with spot sales OF 200 bales. New
Orleans advanced points Receipts at the
ports 24,3i5 bales against 49,
81 this day last week, and
| % 1917 last year. Spot cotton was dull and I'M
| changed here. New crop lsc. under old; sales
| Of 10 bales for export and 265 for spinning.
| There was a decline of 1l6 to nc. at six Of
| the southern markets and Nc. at Whining
| ton. New Orleans was steady, with sales OF
3 50 bales. There was coolor weather at the
south. The American stocks in Liverpool
during the past week have decreased 40027
| bales. The receipts at American ports from
Sept. II to last night we're 800 9s4sbales against
| 327, $50 for the same time last year. Exports
la, 466 bales against las, 6e5 for the same time
last year
New York sept 3O-Riordan g. Co. say Of
cotton: THE movement Of the new crop
| this week has exceeded oven the anticipations
of the bears, and the market has given way
raj idly under the pressure OF accommodating
| stocks. Yesterday January cotton sold as
| low as 1890, closing at 797c. To-day the de-
| cline in Liverpool was but trifiing, and our
opening was a few points higher, January
| selling on the call OF s.02c, but the receipts
again assumed staggering proportions. and
| prices fell OF. January decltni.g 10 1910.
| Then came reports of cold weather at
| the south, which created a great deal
! OF nervousness Many OF the shorts
| concluded to secure their profits rather than
risk carrying their ventures over until Mon
| day and their buying caused a rally the
| close being firm, with S.03c. bid for January.
The prevailing estimates for receipts next
| week are very large, ranging from $1,000 to
| $50. 900 bales and II these shonld be verified,
! 1t is not unlikely that we shall see lower
prices. No matter whether the crop Is to DO
less than z 900 90 bales or more than 5000 900,
| the market next week is going to be governed
| by the volume Of receipts There
! is only one contingency that would
at once and permanently lift prices to
higher range. Bulls and bears agree that
| general and killing frost at the south any
J time before Oct IS would cause general
! scramble for cotton, irrespective Of the re-
ceiDts and rise Of cent pound or more
would almost certainly follow. But the
chances are against a We y early frost, and II
the Indian summer in the cotton belt should
be prolonged into November VIC fear that no
material advance can be expected until the
slackening Of receipts shall convince the
trade that the crop has been oVerestimated."
COTTON TABLE.
Tone. MID Rec Sales Stock
Galveston Easy 1915 S715 2U6 s424G
Norfolk ... Steady rs $50 386 9109
Baltimore .Noml zee. .... 564