The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-27
Cotton.

liverpool Oct. 26.-NOOn-Cotton quiet;
free supply Offering prices unchanged; Amer
lean middling, 9-l6d; sales 5000 bales;
American 1900 bales; speculation and ex-
port, 500 bales; receipts. $4,000 bales: all
American Futures barely steady; demand
Liverpool, Oct. 26, p. m.-Spot cotton is
quiet, with free supply of offerings; Amer
lean middling 49l6d; sales 5000 bales, of
which 500 bales were for speculation and ex-
port and included 1900 bales American.
Futures-American middling low middling
clause: October, 4 90 64614 276id; October and
November, 4 24-6A04 25-64d; November and
December, 24-64d, sellers: December and
January 24-64d, value; January and Febru-
ary, 4 25-G4d. sellers: February and March,
4 26-6494 27-6id; March and April, 2S-6t0
29-64d; April and May 30-64d buyers; May
and June, S2-64d, sellers; June and July,
4 34-64d, sellers. Futures opened barely
steady with a moderate demand at 1-64G13-64d
advance, and closed barely steady at I'M
changed to led net advance.
New York Oct. 26 noon.-Cotton contracts
opened irregular with, November 2Q3 points
up and other months lar points down, with
prices now 365 points below yesterday,
New York. Oct. 26-Cotton futures opened
easy, as follows: October, 8 02c, November,
8 ole; December, l2c; January, 8 lSc; Feb
ruary, s 24e March 8 Sic.
New York, Oct. 20, p. m.-Spot cotton
closed dull; middling uplands 3-l6c; mid
ding Orleans 7-16c sales 81 bales,
Futures closed barely steady at IL to II
points net decline, with sales of $4,000 bales,
as follows: October, 9Oc November, S9c;
December. CSC; January, O6c February.
6 l3c; March, pc; April, $780, May, s SIC;
June. 8 44c.
New York, Oct 2e-The total net receipts
to-day were 81, 206 bales Exports, to Great
Britain. 10000 bales: to France, 80 bales;
to continent, II ,045 bales. Stock on hand,
1854, ga bales. Consolidated net receipts
far this week are 264 2l7 bales; exported to
Great Britain, 81 .S2S bales; to France. 20,2l2
bales; to continent, So 200 bales. Total net re-
ceipts since Sept. 1, 1.400,372 bales Xported
tn Great Britain since Sent I 311 Q94 baln9.
to France, $500 bales: to continent, 2sS036
bales.
New Orleans. Oct. 26.-Cotton futures closed
follows October So N'bM November Il b5'G
5sc Decenoe 70117 tic January z 700
7 nc, February s3617 SIC. March 6i@7 92c,
April 9SdS zoe, May O5dS &c.
New York, Oct. 26.--The Suns cotton article
saws: "A plethora o. cotton at the POI t and
interior towns ana a general eXpectato nof
large increase in the total receipts for the
week nOtsonly in the interior, but at the At
lantic and Gulf ports, together with more or
less depression in Liverpool and lower mar
kets at the south, caused decline here today
of II to IA points. Europe bought to some eX-
tent. but was also a seller, and the south like
wise sold. Local operators long of the mar
ket also took part in the selling. The
large crop movement discouraged not a few
who had been identified with the long inter
est. The closing was barely steady, with
sales of l77,000 bales Liverpool advanced 2
to 2l2 points, lost this and closed barely
CHANGED prices. In Manchester yarns we're
stead, and for cloths there was a small in
quiry, New Orleans declined 10 points. Spot
cotton here was 1sc lower, with sales
of 81 bales for spinning. There was
q decline of 1-l6c at six of the
southern markets. New Orleans sold 5000
bales and declined &c. The receipts at the
ports were 1862 bales against 3d. OBS this day
last week, 44,575 last year Total thus far
this week 295, 794 bales against 227 237 thus far
last week. The exports from the ports were
1.443 bales to Great Britain, and 15,S49 to the
continent. New Orleans receipts tomorrow
were estimated at ls,C0) against 100o6 on the
same day last year.
New York, Oct. 26.-Riordan & Co. say of
cotton: In spite of an encouraging Liver
pool report this morning there we're more
sellers than buyers at the opening and first
prices were at a few points decline, January
selling on call at S.1Sc. The receipts both at
the ports and interior towns were again
heavy and prices sagged throughout the day
there being no recovery worth mentioning
from start to finish. The market is still top
heavy with long cotton, and nobody seems to
care to buy and hold in the face of the
big movement. Crop advices now point
to larger yiold than was expected two
weeks ago, and many shrewd operators are
predicting that January will soon sell at nc
The close was barely steady, with S.C6c bid
for January. We fear that until the move
ment Of new cotton becomes lighter the gen
eral tendency of prices will be downward.
The decline may be accelerated by the liqui-
datiou of speculative holdings, protected only
DV slender MARGINS.