The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-12-09

and April 1684d also I5-04d also 1850 I.
April and May. 4 ls-6ld. also 1880. MAJ
and June, 30-64d, also 19-64d. also 1880 :
June and July, 2l-64d: July and August.
22-64d, also 2l-64d.. Tenders, 100 bales new
dOckets.
p. m-Cotton, American middling fair.
4s4d; good middling, 47-16d: middling. 5-l6d: :
low middling, S-16d; good ordinary l-l6d;
ordinary, 3Sd.
Futures-American middling fair. low mid
ding clause: December. 4 1l-64d. buyers: De
uary and February, 1904 i2-64d February
and March 12-64Gb4 l3-64d; March and April
4 l3640,4 1850; April and May l5-6l0
l664d; May and June. 4 15-64d. sellers: June
and July. 1s64q4 1850; July and August
SD, value. Futures closed quiet. but
fat
New York. Dec. g. noon.-Cotton contracts
opened steady at 7Gs points decline fell
again, and are now SAG points below yester-
day.
New York. Dec. s.-Cotton futures opened
steady, as follows: December. : re Jan
GARY, re; February, : Sc; March, SIC:
April 94c May, O3c.
New York, Dec. S, 4 p. m.-Spot cotton
closed dun; middling uplands 1890: mid
ding orleans Lice; sales -- bales
Futures closed steady, with sales OF 2si 400
bales as follows: December. &c: January
Z 6Cc; February, Z 74c; March. + s2c; April
SOC; May, CSC; June. 6 03c: July, s 09c; Au-
New York. Dec s-The total consolidated
netreceipts at all the ports to-day were g. IO5
bales: exports 10 reat Britain IL 543 bales. to
the continent 1000 bales; 10 France ~
bales; stock 1. t5e. $50 bales.
Total so far this week: Net receipts 800 3O7
bales; exports to Great Britain iOi 555 bales
to France 25.6lO bales. to the continent ssO96
bales.
New Orleans. Dec. S.-Cotton futures closed
steady. with sales OF l04 100 bales as
follows: December &c. January SOC Feb
ruary 4sc. March soc. April SIC, May 64c.
New York. Dec S-The Suns cotton re-
port SAYS; a sharp decline in Liverpool. un-
favorable adVtces from Manchester. and more
than all. heavy receipts at the ports and IN
terror towns caused "A decline OF IA t. is
points here today. very little OF winch was
recovered. There was large liquidation OF
long interest FOR local and southern ac-
count partly on stop orders. and there
was also some selling for Liverpool. The
transactions were the largest for some DAYS
shorts covered freely at the decline. Sales
Of 23l 400 bales Liverpool declined 4 to
points. and closed fiat. with spot sales of
10000 bales at a decline of lid At Man
chester yarns barely supported and cloths
were dull New Orleans declined u to IL
p9nlS' spot cotton here was
Li6c lower for midland upland.
Sales slS bales for spinning. The
receipts at the ports were 5s5l3 bales
against II, l42 this day last week. and IS 2S4
last year Total FOR the week 3l3 IS bales
against 2)2s 04 last week. and 80 POI last
year. There was L decline Of l-I6 to - at five
southern markets New Orleans sold 1000
mated at 1900 to 5000 bales against
1890 on the same day last week. and T. 100
last year. Interior receipts for the week
100 $50 bales. against 81 133 last week. and
g go last year Shipments l03 1876 bales
against 9q2 last week and 772a la st year
Interior stocks 365.07J bales, against 1901
last week. aud 355, 20 last year"
New York. Dec. S.-Rlordan & Co say OF
cotton; The continued enormous receipts
are beginning to stagger the faith Of many OF
the bulls in their small crop views. The port
mr. WrFnFNN Tgar1 - Il
mated at 2S5.0O bales turns out to be 3l3 ia
bales. and the estimates Of receipts at New
Orleans for the coming week are 90 900 bales
In the face Of these figures to-dav's break
both here and in Liverpool was hardly sur
prlsing. Our opening was decline OF points,
March selling the call at 7.SSc. The dav
was one OF liquidation, the longs selling out
ana the shorts covering. but the pressure
OF offerings was heavy and continuous and
March declined 10 : soc. In the last hour there
was rally of a few points and the close was
steady, with $40 bid for March. 1t Is useless
Ior our friends 10 ask where the decline will
stop that will depend upon the extent OF the
lquldatlon. which is likely to 90 on. unless
receipts shall show great shrinkage.'
New York, Dec. S-AtW ID Violet 4 Co
say Of cotton today: The big crop people
have thus far been right on the price sucn as
the enect Of large receipts would naturally
produce, ana that after all is the main point
to be arrived at. Whether the crop will real
lie their expectations is vet the unknown
quantity. although the movement has piled
up largely this week at the ports, with re-
celpts Of Sl3,lT4 bales against 256G00 bales
last year, while the interior is 100 $50 bales
against 93, 600 bales last year As this market
and New Orleans yesterday declined. al
though Liverpool improved. il was only
natural that Liverpool should act in SYM
pathy to-day and after opening or points
lower here, further decline followed carry
ing the market Il points below yesterday. from
which there was a recovery OF points.
Receipts tomorrow Of last year were 10000
bales, while the estimate for New Orleans
alone tomorrow is more than half Of it. The
receipts of the coming week last year were
2O6-OOO bales; the movement for the coming
week should be at least 1000 bales larger A
further short interest has been created in the
past few days and a good deal OF the long in
terest has been liQui6ated, making it easier
there therefore, to bring about a reaction
from the decline than when the market was
long as 1t has been until quite recently"
n