The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-28
ovERNMENr RoNpS
Cotton.

CAAbCA A9sNNOo - Ape lStOACus -
Liverpool. Nov. q. noon.-Cotton. quiet;
free supply oherlng prices in buyers favor;
American middling, 45zd; sales 5000 bales;
American, 100 bales; speculation and ex-
port, 800 bales; receipts, % 900 bales: Amer
lean $4,000 bales. Futures opened quiet; de-
mand poor.
Futures-American middling. low middling
clause: November, 4 21-6Id; November and
December. 4 20-64d4 2l-64d; December and
January, 1904 20 6464 21-64d; January
and February, 20-64dl4 2l-6id; February and
March. 2l,6494 29-64d; March and April,
24-64Q4 23-64d; April and May 24-640l4 25-
64d; May and June, 26-64GI ,764d; June
and July, 27-64CD4 28-64d. Tenders 100 bales
new dockets.
Up. Motion American middling, AID;
good middling, 9-l6d; middling, lied; low
middling, 5-l6d; good ordinary, 3-l6d; ordi-
nary. 4d.
Futures-American middling low middling
clause: November, 1964d sellers; Novem-
Der and December, l8-64d, buyers; Deem
Der and january, 4 ls-64d, sellers; Jan
uary and February, 1964G4 20-64d; Febru-
airy and March l9-64GB4 20-64d; March and
April, 2l-64d, sellers; April and May, 22-646l
23-64d May and June, 24-64d. buyers; June
and July, 2664d sellers. Futures closed
weak at the decline.
New York. Nov. 81. noon.-Cotton contracts
opened steady at 102 points decline. fell 5Q6
points, and are now 5G7 points over Satur-
day.
New York. Nov. 27--Cotton futures opened
steady, as follows: November, &C; Decem-
Der, 96c; January, 0Oc; February, Ole;
March l3c: April, 8 19c.
New York, Nov. %, 4 p. m.-Spot cotton
| closed easy middling uplands 1-16c; mid
ding orleans s3sc low midding 79-l6c;
| sales 533 bales
Futures closed steady, with sales OF 173 500
! bales. as follows; November. Gle; Decem-
| Der, Z 94c; January, : 95c; February, O2c;
| March, O9ci April 1867 May, 24ci June
| 8 3lc July. s sc.
/ w. col 4
net receipts at all the ports to-day were So 064
| bales: exports to Great Britain 1887 bales, Ia
| the continent 675 bales; to France Az
| bales; stock 1 096 452 bales.
! Total SO far this week: Net receipts t09 So
! bales; exports to Great Britain So 727 bales
to France 442 bales, to the continent S,425
| bales.
New Orleans. Nov 27.-Cotton futures closed
| steady, with sales of 1890 bales, as
follows; November &C, December Z 49c,
January SIC. February Sc March nc
! April S5c. May 93c June Ole
| New York, Nov. 27.-The Suns cotton re
| view says: Liverpool was lower. Manches
| ter sent no encouraging advices, the receipts
at the ports were large, the estimate for New
| Orleans tomorrow is liberal; the receipts al
| some OF the interior towns were not encour
| aging to the bulls. the south showed more or
| less depression, and there was renewal OF
! long liquidation. Prices fell 10 to II poin u.s.
| Later on, part Of the loss was recovered, ow
| ing to less favorable crop reports from the
| Memphis district, predictions OF bad weather
at the south, and covering Ct shorts. The
| close here was therefore very steady. with
| prices to points lower than on Saturday
| The unfavorahle financial rumors from Lon
! don today had no decided effect, as they were
did not favor the long inter est
| Liverpool declined points for future
| delivery and 1-16d on spot, closing veal
with spot sales OF 5000 bales. In Man
| quiet. New Orleans declined 10 to 20 points
| tnce Nov. o. but recovered some of the loss
| later on. Spot cotton here was l-l6c lower
with sales of l23 bales for spinning and 100 OF
| speculation Deliveries on contract, 300 bales
| there was decline of lie to sc at tiyt
| southern markets. New Orleans sold 200
| bales. The receipts at the ports we're 5000
| bales, against 66, 403 bales this day last week
| and 1892 bales last year Total thus fan
this week 1909 652 bales, against 1O9,
! OF bales for the same time last week. New
| Orleans receipts tomorrow are estimated al
| 5000 bales, against 90 1856 tales on the same
| day last year.
New York Nov. 27.-Riordan & Co, say o.
| cotton: The way the recei pts keep pouring
| in is very trying to the bulls The large
movement of the last two days has been par
ticularly discouraging bo,h here and abroad
! Liverpool broke ably, and our opening was
at or points decline, the first sales o.
| March being at Sl3c. Then came a rapiC
! liquidation. which sent prices 10 points lower
| March selling down to 80}c. There was d
| rally late in the day, and the close was very
steady with s09c bid for March Everybody
is watching the receipts. II they keep up We
may yet go considerably lower. But the bulls
hope and profess to believe that the great
rush Of cotton is about over, and that after
this month receipts will be decidedly lighter
New York, Nov. 2.-AtwOOd Violet & Co.
say of cotton: Gables said that Liverpool
| weakened heavily on account of the failure o.
| a prominent London house with Manchester
connections, having large trade with the
| East Indies, The market has remained com
paratively steady here, considering all tht
| adverse influences of weak foreign markets
! and heavy movement. indicating that thosC
who have sold are ready to take in moderate
profits and this is a constant source of recov
cry from declines of any moment. At the
! same time however, we have the spinner
| both home and abroad, giving no assistance
in the way of spot demand that would
| give a legitimate and lasting 81 pport Ii
| prices Liverpool spot sales being bales
shows that they have fallen back from IL o.
bales daily Of a few days ago. All of this
however according to our views and informa
ton, is the result of a Misrepresentation on thu
part of consumers as to what supply they are
to get out of this crop all OF whichwe have gon'
over previously. The pra ctical part OF the
situation now is that to all appearances the
| crop is a large one, as far as can be seen by
| the days movement and while GU
! judgment is that prices should not decline
! with our ideas rs to what the crop will event
ually turn out at the same time 1t does &C
down In spite of bad crop accounts, and show
how materially affected is the market by TIT
absence of spot buyers. The movement is
very misleading one. The course Of prices
will as usual, depend on Liverpool and thu
movement for the next few days
COTTON TABLE.
Tone. MID. Rec. Sales. Stool