The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-20
Cotton.

Liverpool, Oct. 10, noon.-Cotton, fair de
mand; prices easy: American mlddl1ng AID;
sales 1900 bales, American II 600 bales; spec
ulatiOn and export 1000 bales; receipts 400
bales, all American Futures steady, demand
freely supplied.
in fair demand and freely met: American
middlng lll6d. The sales Of the day were
1900 bales, of which lO00 bales were for
speculation and export and included 1900
bales American; receipts T.IOO bales, al of
which were American. Futures steady, with
a free supply offering.
Futures-American middling fair low mid
ding clause: October, 35-64d, buyers; OctO-
Der aud November, 33-6Al4 346ld; NOvem-
her and December, ( 33-64G1l 3t64d; Deem
Der and January, 4 33 6lGll 3l6id; January
and February. 4 35-6id, sellers: February and
March 4 36G4d4 81 CID; March and April, 80
GlGQ1 39-64d: April and May, 4O-tAd. buyers;
MAY and June 1 42-C4d sellers; June and July,
4 446414 t5-64d. Futures opened steady with
the demand freely supplied at 26id decline,
closing quiet but steady at 26iD3 64d de-
New York oct. 10, noon.-Cotton contracts
opened quiet at points decline, rallied 4I6
points, fell again, and are now ; points down
from Yesterday.
New York. Oct 10.-Cotton futures opened
easy, as follows: October 09c November
S lgc: December, 3 2Sc; January, 8 40c; FEB
ruary. 4sc; March SOC.
New York, Oct. 10, 1 p m.-COttOn closed
Gull; middling uplands 89-l6c, middltng Or
leans 3 10 l6c sales 80 bales.
Futures closed firm, with sales Of
600 bales as follows: October PC; No
vember. 3 25c; December, s BIC; January,
Hc: February, g SIC; March SOC; April
&c; May 75c; June. 8 soc.
New Orleans. oct. 19.-Cotton futures closed
steady. with sales of $500 bales, as fol
Der ) O5C January l3c. February 20c, March
& 28c April 36c, May 43c, June 47c.
New York, Oct. 19-The sun cotton report
saws: "A decline in Liverpool caused some
Ia4a "a n
dropped to points, but this was followed
by a rally, due to covering. and though some
depression succeeded, owing to favorable
weather at the south, large receipts at HouS-
ton and selling for domestic and foreign ac-
count, yet the final prices were
- to 4 points higher than those
of yesterday, favored by moderate
receipts at the ports, large sales at Liverpool
and the covering Of shorts. 1t is stu very
nervous market. Very little is as yet known
as to the effects of the recent frOsts, and specu-
lation is not so active as it was last week.
The close was firm, withsales Of 1720O0 bales.
Liverpool declincd2 to212 points for future de-
livery and l-6c on the spot, with spot sales Of
10, 900 bales. In Manche Ster yarns were steady,
and in cloths there was good business New
Orleans declined early, but closed to
6points higher. Spot cotton here was dull and
unchanged, with sales OF 23O bales for spin
ming. There was decline OF l-16Glsc at
seven Of the southern markets New Orleans
sold 5, $50 bales. The receipts at the ports
were .039 bales against 80 III this day last
week and 3S l47 last year. Houston received
Is 729 bales against ,S62 bales this day last
year. Total thus far this week 227,23 bales
against 2l6,6iS thus far last week"
New York, Oct. l9-Riocdan & Co. say of
cotton: Liverpool was again lower today,
and our market opened nervously and about
three points lower, January selling on the
call at 1890. A little later it advanced to
SAC. but soon lost the improvement. In the
afternoon some of the longs became discour-
aged by the heavy interior re teipts, notably
at Houston, Tex, and cotton was offered very
freely January for a time being pressed for
sale at S.37c. 1t seemed that serious decline
was impending when kilograms from Wash
ington reporting a more encouraging outlook
for the passage OF the silver repeal bill
suddenly changed the whole temper
of the market. In a very short time January
had reacted to S.45c. The close was firm at
about the best prices Of the day, SAC being
bid for January. 1t is not too much to say
that the course of the cotton market hangs
upon the fate OF the silver repeal bill. If that
we're passed prices would have an immediate
and we think a lasting advance"