The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-03
STATE BONDS
Cotton.

Liverpool, Nov. >, noOn-COtton, demand
moderate; prices firm; American. middling
49l6d; sales 10000 tales; American, S,4OO
bales speculation and export. 500 bales; re
celpts 300 bales: American , 600 bales Flu
| lures firm at advance; demand fair.
Liverpool, Nov ,, 4 p. m.-Spot cotton is
firm and IN fair demand; American middling
9-l6d. The sales Of the day were 10000
bales. of which 900 bales were for speculation
and export and included $500 bales Amer
lean
characterization middling. low middling
clause November. 4 30Gd. buyers: NoVem-
Der and December 20-Gid. buyers: Deem
her and January. 23-64d. buyers; January
and February. 30-Gtd buyers; r eDruary and
March, y CID sellers; March and April
36tl4 3+6ld; April and May, 35-6i0
20 Gid; May and June 4 37-64d, value; June
and July. IS CID. sellers; July and August
l06404 Al Gid. Futures opened firm with
fair demand at l-64a4-6id advance. and closed
steady at 3 615l4 Gid advance.
New York, Nov. :, noon.-COtton contracts
opened steady at 3ll6 points advance. and are
now bar points over yesterday.
New York, Nov. cotton futures opened
rarely steady, as follows; November, s Ice;
December 8 &c; January 3Oc: February
55c March 43c: April 4Sc.
New York, Nov. ,, 4 p. m.-Spot cotton
closed quiet and steady an &c advance: mid
ding upiands Bloc; middling Orleans 9-l6c;
sales lao bales.
Futures closed firm at II to 20 points net
advance, with sales of III 100 bales as follows:
November, pc; December. 3lc; January
8 40c; February, 4ic March SEC; April
6lc: May. 1lc; June. g zoe.
New Orleans. Nov. Cotton futures closed
finn, with sales OF 1910 bales, as
follows November : nc bid. December 90
Gg5 Ole. January O5GlS 0ic. February & 14t0
l5e. March 22G8 23c, April 1908 Doc May
New York, Nov 1.-The Suns cotton re-
| port says: 1t was most active day for a
week and the advance was sharp. The rea-
son for the rise OF II to 20 points today were
an advance in Liverpool a decrease of the re-
Ceipts at the ports, as well as good demand
from the shorts here and at the south. some
European buying, and little de
who usually come in on a rising
market. If at all. At some of the interior
towns the receipts continue to show dimtnu-
ton. The southern spot markets were very
firm and especially at New Orleans and
shipments TO Europe continue large. The
market closed firm with sales of 23S 900 bales
Liverpool advanced 4 to points. and closed
steady with spot sales Of 10000 bales. In
Manchester yarns were steady and cloths
moved slowly. New Orleans was 20 points
up Spot, cotton was &c higher
here, with sales of 40 bales for
spinning. New Orleans spot prizes were
l3c higher. closing very firm, with sales
OF l2,3OO bales. here was an advance of
l-l60lsc at three Of the southern points Re
celpts at the ports were 6ii7 bales against
1862 this day last week and 40O2l last year
Total thus far this week 2s2 $50 tales against
nth thus far last week. Exports from the
ports to-day were 13542 bales to Great Bri-
tain and rs 5B2 to the continent New Orleans
receipts to morrow are estimated at IL, 900
bales, against 1929 on the same day last year.
New York, NOV > --hiordan Co. saw of
cotton: Liverpool again advanced. and this
time sharply, but, to the surprise Of every
body, our market refused to make any AIDE
quate response The opening was only about
L points higher January selling at $3.50. T
nearly three hours the market remained dull,
seemingly unable to advance but Stubbornly
refusing to go down. The extreme fuctua-
tons were With a range OF points, the
dealings IN January Icing chiefly at S.2Sc and
S29c. 1t looked as if this was going to be
the champion day. But before o'clock
remarkable change in the temper of
speculation took place. A buying movement
at first quiet then very active. set in. Point
by point prices mounted upward. with
scarcely any reaction during the last two
hours. The shorts were plainly uneasy and
were doing their best to cover their sales.
The close was firm, with some excitement,
and at abouC the best prices, s.4Oc being bid
for January. The bulls are in very good hu,
NOR and many o them are hoping for good
advance. Our friends Will do well. however,
to remember that whatever rise there may be
is likely TO be attended, like most other ad-
vances, with substantial reactions. and we
would again caution them against the mis-
take OF waiting too long to take their profits.