The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-05-28

New \ Ork. May Zine sun S cotton re-f
view says: ~SOme depression in Liverpool
caused a slight decline here early in the day
but most OF it was recovered later on owing tOl
buying by shor's. Crop news was generally
/ favorable, but rains in some parts Of the cot
ton belt were heavier and colder weather was
predicteds Trading here was very light ands
! the market lacked features OF special sign1h-
points and closed quiet and steady
after sales of SO 800 bales. Liverpool declined
| , to 21i points closing steady, with sales of
| 1000 bales. New Orleans declined ? to 4
| points. Receipts at the ports were 3.022,.
| against 1888 last week and 5,372 last year.
| Exports from all the ports, $500 to Greats
| Britain and 90 to continent. Spot cotton was
| lie lower at rs for upiands with sales of 6i2
| for export and 1888 for spinning. Galveston
| and st. Louis declined 1-16c. Norfolk and
| Mobile were easy. The southern markets
were dull"
| New York May 27.-Rfordan & Co will say
| of cotton The feature of our cotton market
| to-day was the obstinate refusal to decline
| further in the face of Il lower and discOurag-
| ing Liverpool report, though the fluctuations
| were confined within d range Of points. The
! result OF three days trading seems rather
| more encouraging to those who are working
| for an advance than to their adversaries
/ August opened at Z .39c, the lowest price. and
| quickly advanced in spite Of the bearish talk
\ to 742c, The close was quiet and steady,
with 711c bid for August. The
/ week closes with the feeling in
the general mark. very much mixed. Neither
| the bulls nor the bears are as confident in
| their respective positions they would like
/ 10 De. w netler lOtN dQull II Ut not. ll6g
| agree in the main that with the present crop
| outlook, cotton is too low to sell; on the other
| hand, all diSlnterested traders must admit
| that there is nothing n, the depressed condi-
| ton of trade and the dhmal financial situa-
| tion to encourage speculative purchasers. UP
/ to this time. as our friends arr aware, we nave
! been inclined to favor sales, 0l>t until there
| shall be further and very decided develop
mentS as to the crop prospects, or unnllSLak-
| able signs Of a revival OF financial confidence
and business activity, We advise great caution
a rnrafa Of mall
either purchases or sales"
| New York. May q, noOn-COttCn futures
| opened quiet, as follows: May delivery Pea
| June delivery pc, July delivery Z SIC Au-
gust delivery 4lc September delivery 47c
| October delivery sic.
| Cotton contracts opened steady at Bon de-
| cline rallied n trifie and closed steady at an
| changed prices at decline, with very dul
| trade
New York, May 81, p; ,m.-Middling up;
| ordinary C. Sales $50 bales. Cotton steady.
| Futures closed quiet but steady. with sales
| OF $4,000 bales, as follows: May delivery 2261
| Z 32lB7 33c August delivery 41617 42c, Sep
| TENDER delivery 4707 48c, october delivery
| Z 546l7 soc, November delivery 6l6J7 &c,
December delivery 6701 CSC, January de-
| livery 746l7 75c.
Total consolidated net receipts at all the
| ports to-day and so far this week were 3,U2
| bales exports, to Great Britain 8 66l bales, to
| France - bales, to the continent 1875 bales.
| Galveston, May 27.-Cotton closed steady:
| mlddling 7}5c; net receipts l2S bales, gross
none sales $40; stock 81 ,225 bales.
Norfolk, May 27.-Cotton closed easy; mid
| ding re; net receipts 404 bales, gross
| none; sales none; stock 2O920 bales; exports,
| cOaStwise 1872 bales
Baltimore, May 27.-Cotton closed nominal;
middling 1870; net receipts none, gross
none; sales none; stock Sl57 bales.
| Boston, May 27.-Cotton closed quiet mid
/ ding 11-16c: net receipts 246 bales, gross
| 554 sales none; stock none.
Wilmington May 27.-Cotton closed steady;
| middling nc; net receipts none, gross none;
| sales none; stock 1926 bal 5.
| Philadelphia, May 27-CottOn closed dull;
middling 8l5c net receipts, $27 bales, gross
| to the continent 981 bales.
| New Orleans, May 27.-Cotton closed
/ quiet; middling nc; net receipts 626 bales,
| gross S34; sales 700 bales; stock 1871 ST.
| bales; exports, to Great Britain G,664 bales,
| coastwise 75S bales.
New Orleans May 27-Cotton futures
| quiet, with sales of II POO bales as follows:
| May delivery Csc. June delivery 05c, July
| delivery 10c, August delivery Ice, Septem-
| Der delivery 721c October delivery PIC,
| November delivery 33c, December delivery
| 7 BIC, January delivery SIC.
| Atlanta May 27-Cotton closed steady
middling 15l6c; receipts none.
Mobile, May 27-Cotton closed easy;
mlddling 71sc; net receipts PA bales, gross
| none; sales 400; stock 97S4 bales exports.
| coastwise 2SS bales.
Memphis, May 27.-Cotton closed steady
| middling 7&e; net receipts 36 bales, gross
212; sales $50 bales; stock 40,Sl4 bales.
| Augusta, May 27.-Cotton closed quiet:
| middling 72gc; net receipts 90 bales, gross
none; sales IS bales; stock 1883 bales
| Charleston. May 27.-CottOn closed quiet;
middling nc; net receipts 300 bales, gross
none sales none; stock ,6S7 bales; exports,
| coastwiSe 267.
Cincinnati May 27-Cotton closed steady;
middling 73sc; net receipts Sol bales, gross
nome sales 300; stock 9,l37 bales
| Louisville, May 27.-COtton closed quiet;
| middling nc; net receipts none, gross none;
sales none; stock none.
St. Louis, May 27.--Cotton closed quiet:
middling 7-16c; net receipts 81 bales, gross
| 1926: sales $40; stock 81 .227
| Houston. May 27.-Cotton closed steady;
middling 7l8c; net receipts 1914 gross none;
| sales none stock 7,8i4 bales.
| New York May 27.-The total visible
| supply of cotton for the world is 3.496832
| bales, of which 1851 632 bales are American,
against 3,9O3,3i9 and 3,1233I9 bales, respect
| lively, last year Receipts this week at all
| interior towns 1881 bales. Receipts from
plantations 9,3l3 bales, Crop in sight o,323, 391
Grain and Provisions.
New York, May p, p. m.-Flour dull
and weak: winter low grades g 05602 IS:
fair to fancy - 35@2 10; patents 50 500
D; Minnesota clear 81 SOFAS 10; Min
| nesota patents "a 25d14 60; southern -four
dull and weak; common to fair extra g. 100
3 TO- good to choice extra 50 15Gl4 %. Wheat
| Spot dull and lower; No. red in store and
elevator 76c; afoat 77lsc; options dull and
declined &c, closing steady 1ac under yester-
day; No. red closed Nav delivery Tac;
| June delivery 7616c July delivery UBc.
Corn dull and lower; No. ? 4874G14s}4c in ele-
vator; 40H@49Ac ahoat options de-
elined under free offerings and full receipts
and closed weak, with May 1]4c down and
other months I4@12c off; trading very dull:
May delivery 4S4c June delivery 48l4c; July
delivery 46tc. Oats dull and steady; options
dull and unchanged; May delivery 3SAc;
June delivery SIC; July delivery Soc; spot
prices: No. 394c: No. white 41h6942c;
mixed western 39h04lc; white western 400
47c Wool dull and unsettled; domes-
tic fleece 27@32c; pulled 26037c. Beef
quiet and steady; family 81 00012 90;
and steady at SIS OO@1S So Tieroed beef
quiet and firm: city extra India mess
SIS 000l7 90. Cut meats dull and easy;
picked bellies nMc; piCklcd shoulders
&c; picked hams 12hM13c. Middes dull
and easy; short clear 81 D. Lard quiet
and easier; western steam closed at Sll 90
asked; city steam $40 1917 option sales none;
refined quiet and firms contin emit Sl1 20; South
America 81 go; compound IS Is. Pork dull
and firm; no sales. MolasseS-Foreign nom
inal New Orleans open kettle, good to choice
steady and quiet at s003Sc. Peanuts quiet,
Coffee-OptiOns opened l0130 points decline
and closed firm on May at up and barely
steady at 5000 points down on other months;
May delivery Is 506ll6 80; July delivery 10 30
@l5 65; September delivery 10 206ll5 80; De
cember delivery "a 905Dl5 90: spot Rio quiet
| and firm. No 11i6c. SCgar-RaW Quiet md