The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-12-13

and January, 9-6id. also 1O6id; January
ana February. l064d. also sid: Febrli-
airy and March, l0-64d, also 1l-64d; March
ana April, ll-64d, also l2-64d; April and
MAY ! l2-6id. also l3-64d: Nav and june
Hold also l5-64d; June and July 4 l6-64d,
also l1-bid; July and August, l1-64d, also
looid Tenders, none.
p. motion American middling fair
llltd; good middling, sd; middling. 4l4d:
low mlddling, 4lsd; good ordinary, lS-l6d
ordinary. d
Futures-American middlinc fair. low mid
ding clause December, 10-64Gf4 II Gid: De-
cemUer and January, i0-64d. buyers: Jan
uary and February, l0-64d4 ll-64d; February
and March II -646l4 l2-64d: March and April
4 l364d sellers; April and May l4-64l
l5-64d; May and June, l6-64d. sellers: June
and July, 1904 lS-64d: July and August.
1850, BUYERS. Futures closed steady at
the advance.
New York, Dec. II. noon-Cotton contracts
opened firm at points advance, as following
Liverpool, but fell on heavy receipts, ad-
Yanced points on local covering, and closed
0g6 points over yesterday
New York. Dec. l2.-Cotton futures opened
steady, as follows December, sac; Jan
uary, Z 6Oc; February, sc; March, &c;
April. sc; May, Z a5c.
New York, Dec. u. 4 p. m.-Spot cotton
closed steady; middling uplands 1916; mid
ding orleans l-l6c; sales ,743 bales.
Futures closed firm, with sales OF 2i7, ZOO
bales, as follows: December SIC; January
Z 59c; February, Z CSC; March, 76c; April
soc; May, 92c; June. OOc; July, O7c; Au-
gust, . l4C.
New York Dec 12.-The total consolidated
etreceipts at all the ports to-day we're 81, 800
bales: exports to Great Britain 80 5S7 bales to
the continent IL 439 bales; to France $3.50
bales stock LIS, 463 bales.
Total so far this week: Net receipts 1872 $50
bales; exports to Great Britain 81 ga bales
to France 2s,5lS bales, to the continent 295Ol
bales
New Orleans. Dec. 12.-Cotton futures closed
steady, with sales OF S2,100 bales, as
follows: December 10c. January PIC, Feb
ruary 32c. March Z acc April SOC, May 5Sc,
June &c, July &c
New York. Dec. 12.-Riordan & Co., say Of
cotton: The receipts were again overwhelm-
accustomed to them. Money traders insist
that the decline has now discountel a crop of
over 100000 bales. Liverpool showing some
improvement, our opening was several points
higher, the first sales of March being at 7.77c
ana G1oc. For time the market showed
considerable SteadineSs. but as the big re-
cetpts we're posted, traders around the ring
became frightened ana decline of to 8
points took place, March selling down to
ire. Then the temper of speculation sud
denly turned bullish, and prices had good
advance, March climbing to 7S4c The mar
ket, under the impulse of general buying.
would prObaly have risen higher, had it not
been for bulletin announcing
that Mr.. Hatch was about to re
vive his anticipation bill in Congress. This
led to free selling. under which March quickly
reacted to 7.75c. The close was steady, with
7.76c bid for March. There is no doubt that
the market is now in a temper to respond
promptly and decidedly to any falling off in
the receipts. Our adyces. however, leave
little room for hope or lighter movement for
several days, and at the moment the chances
seem to favor further decline. The bears
are boasting that they will be able to buy
March cotton before the end this month at
Use. Perhaps they are expressing their
hopes rather than their convictions"