The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-26
GOVERNMENT BONDS.
STATE BONDS
Cotton.

Liverpool. Oct. 25-Noon-Cotton. demand
moderate; prices unchanged; American mid
ding, 9-l6d; sales 10000 bales American
500 bales. speculation and export, 1000
bales; receipts, 1000 bales; all American
Futures easy; demand moderate.
Liverpool Oct. %, 4 p. m.-Spot cotton is
in moderate demand; American middling
DIED; sales 10000 bales, of which ! 900 bales
were for speculation and export and included
500 bales American.
characterization middling, low middling
clause: October, 20 6ld value October and
November, 4 46414 256id; November a1d
December, 23-6404 2464d: December and
January 42i6id, sellers; January and Febru-
airy 4 25-64d. value; February and March,
A 26-64lD4 27-6id; March and April 2s6k3
4 20 Old; April and May, 4 30-64G14 3l-6id; Nav
and June, S2-8ld buyers; June and July,
"a 64d. value. Futures opened easy with
moderate demand at 2-64GG3 Cad advance and
closed barely steady at 1-6403e4d net de-
cline.
New York. Oct. p, noon.-Cotton contracts
opened steady at 5Q7 points decline and
lost an additional points with only u moder
ate trade
steady, as follows: October, Use, November
s 05c: December, lie; January, 8 PIC; Feb
ruary Bic; March, $50.
New York, Oct %, p. m.-Spot cotton
closed qulet; middlng uplands o-lGc mid
ding Orleans 9-l6c; sales 672 bales.
Futures closed firm at to points net de-
cline, with sales OF 100000 bales as follows:
October, 8 03c; November. O2c: December
S lie; January, 8 20c February, &c; March,
8 35c; April. s 42c; May, & 49c June. s soc.
New York, Oct. 25.-The total net receipts
today were 57,062 bales Exports, to Great
Britain, -- bales: to France, 80 bales ;
to continent. 140S4 bales. Stock on hand
81 ,6Gf bales. Consolidated net receipts so
far this week are pa 6i7 bales; exported to
Great Britain, 60 7SS bales; to France 20 22l
bales; to continent s.. 001 bales Total net re
ceipts Since sept. /, l, 1850 472 bales; xportel
to Great Britain since Sept. l, 3C4 .0Sl bales;
to France, 9646J bales; to continent, 268Uj6
bales.
New Orleans. oct. 25.-Cotton futures closed
quiet with sales Of 66.aO0 bales, as
follows; October 66c bid, November 666
CSC, December Z 1907 SOC January 500
Z SIC, February 9lg7 97c, March 6908 O3c
April 1898 lc, May l7,98 l6c.
New York, Oct. 25.-The Suns cotton re-
port says "Advices from Liverpool were
Disappointing inasmuCh as that market was
not affected by the advance in New York
yesterday. Furthermore the receipts at tho
ports and interior towns were heavy. here
was considerable selling for local southern
and European account. A prediction of collier
weather in some parts of the south tonight
ana frost in North Carolina caused some ad-
vance toward the close and part Of the early
de, line was recovered ard the market ended
firm At one time to-day prices were Il to IG
points lower than last night but at the close
they were only TO points below the last
figures of yesterday. The sales we're 1908
bales. Liverpool advanced slightly, but later
on declined " to points, closing barely
steady with spot sales of 10000 bales. New
orleans ueCllDeO III points ana r3lIleQ later. In
Manchester yarns were dull and clothes were
in moderate demand. The receipts at the
ports were 57.062 bales, against $3.50 this day
last week, and ~, l28 last year. Total thus
far this week. 240 1877, against l91 100 for the
same time last week Exports from the
ports. 80 bales TO France and l4,085 to the
continent. Spot cotton here was l-16c lower
with sales of 672 bales for spinning. There
was a decline of l-1Cc@ 9ec at six of the
southern markets, and an advance of 1-16c at
Mobile"
cotton: "LiVerpOols response to our rise of
yesterday afternoon was serious disappoint-
ment to the bulls, and our op 3ning was at 5
points decline. the first sales or January be-
ing at S.23c. This was the highest of the day.
The port receipts were even heavier than had
been foreShadOWed yesterday. and soon after
the call large lines of long cotton were thrown
overheard, and January broke to S.14c. Dur
ing the remainder of the day the market was
nervous and tiuctuating, but with the general
undertOne weak A large buying order received
3o'clock stiffened the demand somewhat and
gave us firm closing, with S.20c bid for Jan
uary. AS long as the movement for new cot
ton continues in the present large volume the
tendency will be toward lower prices. The
only influence that prevented January from
breaking below Sc to-day was the exIe citation
Of a general revival OF trade after the silver
repeal bill has become a law. But the aver
age trader forms his estimate of the crop
may be an Enthusiastically guide it Is not
likely that the speculative demand will equal
the supply as long as the total movement
keeps gaming rapidly, as com pared with that
of last season We fear that prices for q
time at least, are going lower