The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-12-29


Alaoama A.. 81 Tenn, new set IS. 100
10 % --'.-.--...-.lO0 Tenn, new set. IS. 100
40 C-.....:.;.-.. 9St Tenn, new set. IS. 741S
La Ia, stamped IS Us Virginia SIS pref. SOC
SortnCarollna IS 96F Va. Trust Reefs. 35%
TorthCaronna5 S ll6F Va. Fund'g Debt. 56z
tennessee, ODDS. 60
GOVERNMENT BONDS
Un1tedStates As, registered ...,.....it2x
1nltedStates As, coupons ...............11 3X
Onited states 2s' registered. 95*
Liverpool, Dec. %, noon.-Cotton' fair
win good business, unchanged prices; Amer
lean middling, 44d sales p 900 bales: Amer
lean, lO5OO bales; speculation and export, 900
bales; receipts, 5000 bales; American. 81 100
bales. Futures barely steady; demand moder-
ate.
Futures-American middling steady, low
mlddllng clause; December. l064dQJ4 9-64d;
december and January, 6-64d; January and
February, T-64d; February and March
o-b4d; March and April 9-64d04 10-64d;
April and May 12-64d May and June,
4 l4-6id; June and July, l5-64d; July and
August 4 17-64d. Tenders, bales new
dockets, 500 bales old dockets.
p. motion, American middlng fair
! 41ad; good middling, 4@d middling AID:
| low middling, 41sd; good ordinary Id!
| ordinary, 3 13-16d.
Futures-American middling fair, low mid
ding clause: December, 7-64d, sellers; De-
cember and January, 7-64d, sellers; Jan
uary and February, 47-64d buyers; February
and March 9-64d value; March and April
| ll-64d sellers; April and Nav i2-6424 15.64d
| July, 4l6-64d buyers; July and August
4 l6-64d buyers. Futures closed steady.
New York, Dec. g. noon.-Cotton contracts
opened steady, at l points advance; gained
day. '-- '1'F4 ~ =
New York, Dec 2s.--Cotton futures opened
| steady as follows; December, z 4sc; Jan
| uary, z 4tc; February, SIC; March, 65c;
April nc; May, soc
| New York, Dec 81, p. m.-Spot cotton
| closed very steady; middling gulf 1-l6;
| mlddliuQ uOiaDds 19-16Cs Tniddltuu
I &C; sales 704 bales.
| Futures closed steady, with sales of 127,3OO
bales, as follows: December, z sac; January,
/ z soc; February, &c; March Z 73c; April
sic; May, s9c; June Z 97c; July, O3c; Au-
| gust, 8 Ole.
New York, Dec 2s-The total consolidated
! netreceipts at all the ports to-day we're 3S 737
bales; exports to Great Britain IL 0S2 bales, to
| the continent 1917 bales; to France /, 1876
| bales; stock ,264 705 bales.
| Total so far this week: Net receipts 229 6iS
! bales; exports to Great Britain So 1871 bales
to France 1900 bales, to the continent % POI
| bales
New Orleans, Dec. 2s-Cotton futures closed
| steady, with sales OF 5l,200 bales, as
| folloWs December C, January 15c, Feb
| ruary 29c, March &c., April 4Sc, May SIC,
| June Csc, July 75c.
Charleston, Dec. 28-Market dull; mid
ding 7971sc; low middling 6azc; sales -
| bales.
New York, Dec. 2s-The Suns cotton re-
| view says: 1.-THE bulls were favored by an
active and slightly higher Liverpool market,
| little smaller receipts at some Of the in
| terror towns, some buying for Europe, and
considerable covering for local and southern
| account. Prices advanced about 10 points,
| closing very steady. Sales 127,300 bales.
| Liverpool advanced point, aud closed
| steady, with spot sales of 1900 bales, at un-
y warns we're 6Set and clotb
easier New Orleans advanced s
! points. Spot cotton here was steady and
unchanged. Sales 40i bales for consumption
| The southern marlkntg WI u
| steady, quiet and unchanged, There was de
| cline Of sQl2c at southern markets. The New
Orleans receipts tomorrow are estimated at
5000 to 10000 bales against 1887 bales on the
| same day last week and {, IA bales last year.
| The receipts at the ports were estimated at
| 1000 bales and reached 3S,7S7 bales, against
81 023 bales this day last week, and % 357 bales
| last year. Thus far this week 234,307 bales,
against pa 265 bales thus far last week
| New York, Dec. 28-Riordan & Co. say of
| cotton: THE receipts to-day Indicate that
| the port movement for the week will be about
265000 bales. against 1850 900 bales for the same
/ week last year. Liverpool being slightly
| higher, there was a rather better feeling
| here March opened at 7.65c, lost couple OF
points and then became frmer. There was
| Liverpool covering Of shorts, especially to-
| ward the close, and March advanced to 7.73c.
| closing very steady at the highest Of the day,
| The covering Of shorts, however, has re-
| moved a certain amount of support
| from the market, and unless there be
| strong symptoms of a Slackening in the
| receipts we fear that to-day's advance cannot
| be sustained. Trade is very bad, and it is
| question whether buyers can be found for
| the avalanche OF cotton now coming into the
| ports. The market here is heavily over
| bought, and on any further advance many
{, holders will be glad of the chance to unload.
| Still the natural desire of the shorts to secure
| their profits before the close of the year may
| give US higher prices to morrow. In that case
| we should advise our friends who can sell out
at profit to do So as the chances, in our
| opinion, are that we shall be lower next week.
| But it all depends uDOu the reCeiDtS,n
| New York, Dec. 28.-AtwoOd Violet 6 Co.
| say of cotton today Liverpool has
| been much influenced by the crop
betting influence this season, and to
| show how much buster and how lit
| tie actual belief IN high crop figures
exist among Mr. Neill's following we beg to
| say that one OF the pronounced advocates of a
7,150,0C0 ale crop, declined an o1er we made
| him today, for q member OF this exchange,
Of $1,000 against Mr.. Neill's minimum esti-
mats of ZOO 900 bales They evidently see the
handwriting on the wall, and are preparing to
stand from under We are giving this infor-
nation to LIVERPOOL tonight, so as to let
them juCg9 whether 1t is favorable esttn
or not he market in Liverpool should Ue
batter tomorrow as the improvement here
to-day has been 10 points against point i'm
proVement there. There is decidedly bet
ter feeling around here today, and while it
may only be for a day, the indications are
that as lighter movement is in order, and
great deal Of short interest has been created
in the last. three or four days
added to that already existing
for Liverpool and local account
there would be decided buying power here
which should bring about considerable ad-
vance. A lighter movement, however, has so
often been predicted ana so seldom realized
il has naturally made the bulls timid, but
whenever they find their position is well sus-
tanned by facts in the way OF what the south
has been saying for two months there will be
a lively scramble for short cotton At the
same time 1t is well to be conservative, be-
cause diSappointments have been many to
those who have believed in a crop of moderate
size. With even such crop as we estimate,
OF 100000 bales, maximum prices should be
yesterday the decline has been as much or
more, perhaps, than 1t would have been did
the world know the crop was to be 100000
bales, but the high crop estimates have yet to
be realized. One important influence lacking
is the buying by the American spinners. And
the reason that he has stayed