The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-29

Liverpool, Oct. 2S-Noon-Cotton quiet,
! Tree supply onerd: prices easy; American
! mlddling, 413d: sales 600J halcs; American
| 200 bales: 81 eculaton aid export, 800 bales
! receipts 1900 bales: American 1900 bales
| tutures easy; demand firm
Liverpool. Oct. %, p. m.-Spot cotton is
| 9ulet. VITA Tree supply OFFERING prices easy;
American mldtling a. Tho sales OF the day
we're 1000 bales OF which 800 BALES were for
speculation and export and included 3 o0O
bales America 4; receipts II 90 bales, OF which
1000 bales were American.
Futures American middling. low middllng
clause: OttoC err 4 p Gid. sellers; Octoser and
November, % 6ld. sellers November ID
December 2964d. value: December and
January 22-64l. buyers. January ana Fe6rn'
arY, 236id, buyers: February and March.
p Gid, sellers; March and April 1 20 go
AT I'D: April and May 23-64St4 90 6i1; May
and June. 30 64d. buyers; June and July,
3l-6ld. sellers. Futures oDcnel easy at
Cid decline, and closed steady AT 1-G4d net
de line
New YORK, Oct %, noon.-Cotton contra is
opened weak at 8Q5 points decline, as inau-
enced Uy lower Liverpool market, but raj
ned on reports OF frost in Alanama. Mssis.
slppl and Texas, and closed steady at points
New York. Oct. 23.-Cotton futures opened
quiet, as follows October. dG5. November.
g Ole; December, use; January, l1c: Feo-
ruary sc. March, 30c.
New York, Oct. ~. p. m.-Spot cotton
closed dull; low middling - c: middlinL up
lands S3l6c mtddling Orleans Z Ice; sa4cs
2S5 bales
Futures closed Quiet and steady with sales
OF lJ9, 5Jl bales, a. follows: October. . Jsc:
November Ole; Decem err OBS; January.
l5c; February, & &c March, 3 BIC; April
Bic May. lGc; June 8 53c.
New Ork. oct. y. he total visible
supply Of cotton for the world is 3.035 O.
bales OF which 1888 tales are American
against so! III ana 2 8 s27 bales, spc, l.
lively. last year. Re3eipts this weok at all
interior towns 236 S55 bales. Receipts from
plantations 46llJ bales. Crop In sight ,883,55l
uai"S
New Orleans. oct. 23-Cotton futures closed
qulit anu 7ueadg. with sales OF 5. 80 bales as
follows October o. Dld, November I O3@
I DC, Dc eEber 7sGgi 79C. January a2D
7 L, Fc. ruary 9007 Jlc. Mar.h 70 ~ sos,
April U5aS 10. May T. Is lac.
New York oct. ~ The sun in its review
Of today cotton market "a IS: There was
decline carly in the dav, owing to weakness
IN the Liverpool markets and literal receipts
at the ports nut later on there was ,Ousidcr
able covering partly owing to reports that
after next week the receipts at the ports
would be smaller. reports Of killing frosts
in Texas and predictions OF heavy frost in
many parts Of the SOJth also had more or less
STRENGTHENING eHe on prices, TO say nothng
OF tho more iaio alle financial outlook in
this country. Prices de, lined 10 TO
G.UOO Ia .es. he receipts a. the ports were
52O60 LalCs against 3O.461 this day last week
and 3j.5is las. year Exports from the ports
2I6G ualcs to Great Britain. 1868 to France,
71lG TO tho Continent. spot cotton here was
duh and unchanged, middiing INLAND S3-l6c.
sales OF 80 .ales for splnnns. There was a
decline Of l-l6c at two Of the OIthcrn points"
New York, Oct. 2S.-Riordau a Co. say Of
cotton. The general tendency OF cotton
this week under the pressure OF large move
Incnt Of the new crop has been towards lower
prices. o day liverpool sent us a utscOurag-
lug report and the receipts were again heaN v.
Our opening was at az out StpOlntS decline.
January selling on the call at 3 O7S The
depression Gid not last long however. and
southern buying orders, ComO'nol with short
covering carsed "a gradual but steady I'D
vance, until the whole OF the decline h4I been
recovered he Close was quiet ana steady
with S.l5c bid for January. he anttci a,on
Of greater a,GVty in every kind OF business TO
follow the repeal OF the silver law lent
more cheerful tone " the mlrkct, and II re-
ceipts should grow lishter we might hope for
better prices But tho ceipts for next week
are estimated at from 800 OOO TO 800 900 bales
against 2sG. 2j8 for the same week last season.
As long as 80 large an increase I'm the move
ment GO nInues tho bulls Will be lighting a
terrible disadvantage. But tho main elc
mclt Of weakness just now is that the
market continues 10 ne overloaded
with weakly held cotton Contra.ts
bOukht no higher prices on any unfa yOrable
OF these speculative holdings leCame ex-
h4usted and the contracts are thrown upon a
falling market OF course Celerdtlug tls
dc line. and. IN turn Cuus ny stop loss orders
20 be- cachcI further dO.sd. We fear that
this danger. which is ~ great measure indie
either ignored or uudefestimated Dy many Of
our ~ elda. The trouble Is that chs average
southern FpesglaiuF has become SAT
uFated with The BELIEF that January
euttDn is UOluy 10 advance o. D8a
~ lcast on every advance 0f tWeuty i've