The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-12-21
GOVERNMENT BONDS.


United states IS, registered. 951s
*Asked. ibid.
Cotton.
Liverpool, Dec 20 noon.-Cotton, fair de-
mand; prices are unchanged favor; Amer
lean middling, 414d sales 1900 bales; Amer
lean, 1850 bales speculation and export, 600
bales; receipts $4,000 bales; American, ., 800
bales. Futures opened steady; demand mod
crate.
Futures-American middliug fair, low mid
ding clause: December 9-6id; December
and January, l064d; January and February,
4 lO6id; February and March, ll-64d;
March and April, Hold: April and NAV,
4 l364d; May and June 15-64d, also 16-64d;
June and July, 4 17-6id; Tenders . 800 Gales
new docl1ets, 100 bales old dockets.
p. Motion, American middling fair,
4 ll-26d good middling, 49sd; middling 414d
low middling, 41sd; good ordinary, 4d; Ordi-
nary. 8 1850.
Futures-American middling fair low mid
ding clause: December, 4 1O-6id, buyers; De-
cemDer and January, 10 6id, buyers; Jan
uary and February, l06idQ4 Ii -64d February
and March 12-64d sellers March and April,
l364d buyers; April and May 1870
l5-64d May and June, A 16-64d1b4 1894; June
and July, is Sid buyers; July and August,
4 l96lG4 2G'64d. Futures closed firm at the
advance
Manchester Dec. aO-The Guardians com
mercial article says: "QuietnesS prevails in
the market due to the approach of Christmas
| holidays, and the uncertain position Of cotton,
| the heavy receipts of which at Liverpool will
| doubtless result in a sharp decline in prices.
| Many manufacturers are so well engaged that
! they decline business Offering narrow mar
| gin of profit. The renewed uncertainty in re-
! gard to silver and Indian exchange affects
| eastern business adversely. Yarns are quiet,
and prices are tending in buyers favor"
New York, Dec. -, noon.-Cotton contracts
| opened firm syQ9 points advance, and closed
| 2,03 points below yesterday, rallied again,
| now 13@l4 points over yesterday.
New York, Dec. 20-Cotton futures opened
easy, as follows: December, SEC; Jan
uary, &c; February, TIC; March, Sc
| April. 2 ole; May, 8 00c.
New York, Dec. 20, p. m.-.spot cotton
| closed steady; middling gulf s1s; middltng
| uplands no; middling orleans 1-15c; sales
1892 bales.
Futures closed steady, with sales Of 1874, 800
bales. as follows: December. sc; January,
$50; May, s6c; June. 8 O4c; July, l0c; Au'
| gust, &c.
New York, Dec. 2o-The total consolidated
! netrecelptsa at all the ports today were ~ ABB
bales; exports 20 Great Britain 49, AZ bales, TO
| the continent 1890 bales; to France -
| bales; stock / ,2l1 $50 bales.
Total so far this week: Net receipts 205. 0i2
bales; exports to Great Britain 1910 bales,
| TO France 9,400 bales, to the continent 5776i
| bales.
New Orleans. Dec. eo.-Cotton futures closed
| steady. with sales OF $4,000 bales, as
| follows Decent Der &C, January 20c, Feb
| ruary Is. March 43c, April sic. May Coo
| June CSC. July 76c
| New York. Dec. 21.-The Suns cotton arti.
| Gle says: prices advanced rather sharply
| owing partly to rise in Liverpool where
| spot sales were 10, COO aes partly to a report
| that the Fail River mills had been relieved of
| 100000 pieces OF print cloths and that they
| continue operations throughout the winter;
| partly to fears that Bradstreets crop esti-
| mate to he issued to morrow Will be
| bulish, and partly to pretty good
buying, both for long and short account
| particularly to cover shorts. Large receipts
| and realizing caused a reaction later on, and
| the net advance was cut down from IS points
raufa ra4HaF fhn ri
| en- led steady. Sales of Isl 900 bales. Liver
| pool advanced points and closed very steady
| with spot sales Of 49, 500 bales at unchanged
| prices In Manchester yarns we're quiet and
| dull. New Orleans advanced II points, but
| reacted later on. The receipts at the
ports were 4s,49S bales against 1903,
| this day last week and 263sS last
year, thus far this week POS i2 bales, against
| 205,76S thus far last week. Spot cotton here
was 1-16c higher. with sales of 81 bales for
| spinning. and deliveries Of 400 bales There
| was d decline of 1-l6c at one of the southern
| ports and an advance OF l-l6c to sc at three
| of the southern ports. The southern spot
| markets were generally steady or firm. at un-
| changed prices. New Orleans sold 900 bales
| The New Orleans receipts tomorrow are esti
| mated at 10000 to HOO bales, against II, 1876
on the same day last week and 4Sl4 last
! year"
| New York. Dec 2O.-Riordan & Co. say OF
| cotton The market opened to-day with a
| decidedly more confident feeling on the part
| Of bulls. Liverpool was higher and there
| was vague talk OF leading operators being
| about to lead bull movement. First prices
We're about points higher than yesterday
closing, the opening sales of March being Al
| 7.s0c. but receipts were again exceedingly
| heavy and far in excess of expectation, anC
| after the call there was reaction of few
| points, March selling down to 7.0c. Their
| there was spirited buying based upor
| the fear that Bradstreet's crop es
| innate. to be given out at
| o clock tomorrow afternoon, would be OF
| bullish character, prices hardened and the
advance was not checked until 1860 wa,
| freely hid for March. Realizing sales caused
a decline, March reating to 7.79c. After
some further unimportant fluctuations The
| market closed steady, with 7.S0c bid FOL
March. IT, as many anticipate, the Brad
| street crop estimate tomorrow should no
| exceed z. 200 900 bales, we shall doubtless SEE
sharp advance. But the receipts are daily
adding to the pressure OF fresh supplies upor
glutted markets. and as long as the torrent
Of cotton continues to pour into the ports W.
have slender faith in the permanence OF any
! advance.