The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-24
GOVERNMENT BONDS.
STATE BONDS.
Cotton.
%. {
mot v,wiaag q

liverpool Oct. 23-NoOn-Cotton mOder-
ate. demand freely met; prices easier; Amer
lean middling, l1-l6d; sales 1900 bales;
American, $500; speculation and export
1000 bales; receipts 100 bales; American.
200 bales. Futures steady, demand freely
supplied.
Liverpool, Oct %, p. m.-Spot cotton is
easier, moderate. demand freely met: Amer
lean mlddling 44d; sales 10000 bales, of
which 1903 bales were for speculation and
export and included $500 bales American
Futures - American middling, February,
% Old, sellers; February and March. 2364a
% Cad, March and April 306i0t4 3l-6id;
April and May, 32-6f1l4 SO Cid; May and June,
43l-G4d. buyers; OCTOBER 2}64d selling; Octo-
Der and November 26 SD sellers: Novem-
her and Decmber 4 25-6404 60 Sid; December
and January 42G64d, sellers. Futures opened
steady; demand was freely met; unchanged
to l-64d decline, and closed quiet but steady
at 4-64 06-Gid de line.
New York, Oct. 23.-Cotton futures. opened
steady, as follows: October UUc November
Ole; December, lie; January, &c; FEB
ruary oOc March, 35c
Futures closed barely steady lf02l points
lower, with sales of PA go bales. as follows;
January. lie: February, l9c March, pc;
April, 8 33c; May. 40c; June. SOC; October
csc; November 90: December 8 O3c
Charleston, Oct. 23.-Cotton. market easy:
re. Sales 800 bales.
New York, oct 23.-The total net receipts
to-day were 30)l bales Exports to Gro a
Britain. l064 bales to France IFS bales;
Il.
765 996 bales. Consolidated net receipts so
far this week are 1913 AS bales; exported 10
Great Britain. II .S}2 bales: to France 2O174
bales; to continent 23 Az bales Total net re-
ceiptS since sept. 1, l .234 1913 bales xportej
to Great Britain since Sept. l. 29i.S28 bales;
to France, 966 bales; TO continent 2i3 400
bales
New Orleans. Oct. 23.-Cotton futures closed
quiet and steady, with sales of 80 500 bales.
as follows. October g. bid November 511
07 SIC. De 'ember 1907 73c January Z 100
SOC, February 87t67 SSc, March Z 9407 95c
April 0lGtS O2o, May 9 03d9 09c.
FreightS-Steam, to Liverpool 176id; to
New York, SOC; to Havre. IF 323; to CONT
nent, 15-6i@19 Cad. Commercial bills, 81 79A
"a s01l.
New York, Oct G3.-The Suns cotton re-
view says: Very large receipts at the
ports, rather heavy receipts at some Of the
interior towns, a decided decline in Liver
pool, less activity there, depression at the
south, and long selling for domestic and
foreign accounts, caused decline of II to 10
points. At the close the tone was barely
steady. after sales of 214,f0) bales. Prices
ended IA to II points lower on near months,
and IL to q lower on distant months Liver
pool declined to 51s closing
quiet and steady, with spot sales Of
yarns we're dull but steady, and cloths were
quiet. New Orleans declined Is to II points.
The receipts at the ports were estimated at
3.Ol1 bales against 507lS this day last week
and 57,15 last year. The total thus far this
week is ,45S bales against S6,627 thus far
last week. Spot cotton here was 1 IL lower,
with sales Of o. bales for spinning. There
was decline Of l-1GU3 163 at seven southern
markets New Orleans sold 1900 bales. Re-
ceipts there tomorrow are estimated at 80, CO)
bales"
New York Oct 28.-Riordan g. Co.. saws of
cotton: The threatening and tOphcaYy con-
dition OF the market, OF which we have fire.
qUCntly spoken of late, made itself disagree
ably manifest to-day. Liverpool was lower
the port receipts were 300 bales against
less than 50 O0Q bales for this day year ago,
and the New Orleans receipts to morrow are
estimated at 81 900 bales Gqaist less
than 1880 bales for the corresponding
day last season This was more than the
overloaded market could stand. January
opened 9 points lower at S2lc and, after
brief rally to S.23c, succum5cd tcncath the
pressur Of enormous offerings. 1t
was not necessary for the bears
to hammer priaes. Everybody wanted to sell
out long cotton and the market settled down
10 s,l1c for January. There were some fever
ISL rallies in the afternoon but they were
limited to a few points, and the close was
barely steady at the lowest prices. We fear
the liquidation is far from beng complete,
aud that cotton will go lower 81 is certain
that while receipts continue on their present
scale there is not likely to be am substantial
recovery"