The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-09-15

ht.h ANiI a. Nf'IIN ~ SUD AfNia~lNN NNAdhNtea
Coin. $50 20',uoo. currency, s5s2iOoo
London sept "a The Bank Of England TO-
daN reduced the rate OF discount from 10 4
per cent
cotton.
Liverpool, sept Il. noon.-Cotton. fair
demand. p.ce- unChunged, American mid
ulinr nominal 3 9i63. sales 1900 bales
American Nio0 bales; speculation and export
lUiu bales, receipts OJU bales American 800
bales. Futures easy; demand moderate.
Liverpool sept IA. D. Motion, pirces
unchanged, demand moderate.
| Futures American mlddling low middlinr
clause, september delivery I'D Septem-
Der and October delivery 5000: October and
November delivery 8 S3G404 80 6id. Novem
Der and December delivery : 35-6tdt "a SD
December and January delivery 4 36-64taf 81
6id January and February delivery 43S-6t6t
! a5-oid; February and March delivery 4 a
6tt 30 Gid; March and April delivery 4 43 6td
April ana May delivery -. Tenders
none
p m.-Amencan middling fair AKA.
good middlIng 4'8d: middling llad; low
middlins AS; good ordinary 4 l3l4d; ordl-
nary ID.
Characterization middlng. low middIing
clause; September delivery 437-6ld4 30 GA;
September and October delivery 81 Old,
sellers October and November delivery ~
Gid sellers November and December deliv-
cry 3s-6id. sellers; December and January
delivery 406id sellers; January and Feb
ruary delivery 4-6I1 ~ 6ld; February and
March delivery 4 4l64d, value March and
April delivery ! 46-6ia4 I7-6id; April and
May delivery 4s6l@4 4964d. Futures closed
| barely steady at the advance.
| New York, Sept. a. noon-COtton contracts
opened steady at sat points decline, ad-
vanced II points became unsettled, and are
now 30s5 points over yesterday.
| New York, Sept. H.-COttOn futures
opened steady, as follows: September deliv-
cry SOC; October delivery CSC: November
delivery l5c December delivery 8 2ic;
January delivery Soc; February delivery
New York Sept "A, 4p. m.-Middling up
lands S'ac, middling Orleans &C, good or
binary 7c]l; low middllng l5-16ci sales 800
bales
Futures closed steady. Sales aO68O0 bales,
September delivery. 8 orc; October delivery.
g Il; November delivery. IS; December de
livery AZ; January delivery, IS: February
delivery $ 81; March delivery 8 rs; April de.
livery 81; May delivery. SO3
New York sept. 1.-THE Suns cotton
port says: stimulated by a sharp advance
in Liverpool, where the trade was still active
small receipts at the ports. unfavorable crop
reports, fears OF further unfavOrabe crop ad-
vices on Saturday, a good trade at Manches-
| ter. stronger southern markets and local
southern and European buying prices ran up
here IS to 20 points. About half of this was
ing 4 large auction sale
Of cOlored cotton goods it is stated, resulted
unfayorably, the prices in some instances be
ing very low. There was q good speculation
here and with continued small receipts some
predict cotton will undoubtedly have more
friends Liverpool advanced to points,
with sales OF 1900 bales. Here the future
sales were 2063OO bales, closing steady.
New Orleans advanced 20 to y
points, and lost half of
this later on. Liverpo OILS cotton here is &c
higher, with sales of 800 bales for spinning
There was an ad vance of l-l6 to IA cents at
seven OF the southern markets. New Or
| leans sold 900 bales. The New York stock
in licensed warehouses was 128,SO5 against
252. 433 last year. The receipts at the ports
were 442 against 3 45S this day last week
| Total thus far this week 402S7 against p .95i
| thus far last week"
New York, sept. l4-Riordan & Co, say of
cotton: The port receipts today were just
| One-half of those this day one year ago.
| AS a consequence there was a spirited ad-
vance both here and in Liverpool and the high
est prices that have been seen fora long time
were touched in both markets. Heavy sales
to realize profits caused some reaction in the
last hour, but uo-daYs final prices were well
| above yesterdays. January opened at S.64c.,
advanced TO Sc, ana after huCtuating dur
| ing most of the day between S.62c. and s. &c
| declined to S57c. and closed ut S5Sc. bid
with the tone steady. The short interest, it
is thought, has been driven to cover and
large long interest is known to have aCcumu-
lated lately in this market. AS long as the
abnormaly light receipts continue the mar
ket will be feverish, and it may be that prices
| viii go yet higher, but on the first day that
heavy receipts are announced every holder
Of long cotton will want somebody to take
it off his hands, and the pell nell rush to sell
out may result in heavy tumble. We ad-
wise our friends who are long Of cotton not
TO run the risk Of overstaying their market,
6ut !, e accept agoo3dd profit when they can
j ) New York Sept. 1f-CoHsolidated net re-
+ ceipts of cotton at all the ports today were:
= S492 bales; exports TO Great Britain $40
1rbales; to France none; TO the continent
f'S, 1913 bales; stock 272, 1913 bales.
Total net receipts at all the ports so far
this week were 402o7 bales exports to Great
i Britain 1929 bales; to France none; to
the continent 3, l59 bales.
New Orleans. Sept. l4-Cotton futures
| steady, with sales of $500 bales. as fol
lows: September delivery 96c, October de-
livery 02c Novem Der delivery l2c, Decem-
Der delivery s &c, January delivery & Sac
February delivery 4lc, March delivery 8 4gc
April delivery -.
Galveston, Septl. 4-Cotton closed firm:
middling 8; net receipts 2.164 bales gross
none; sales $50 bales; stock 3i.s37 bales;
exports to continent none; exports coast
wise 1872 bales: exports to Great Britain
none; exports to France none
Norfolk, Sept. 14.-Cotton closed firm;
middling 734c; net receipts 525 bales gross
none; sales 80 bales; stock 5,768 bales:
exports to the continent none; exports
cOastwise Is bales; exports to Great Brit
ain none; exports to Franco none.
Baltimore sept. l4.-Cotton closed nominal;
mlddl1ng sac; net receipts none; gross
go bales; sales none; stock 1881 bales: ex-
ports to the continent none; cOastwse
none; exports to Great Britain none; to
France none.
Boston, Sept. l4-Cotton closed quiet; mid
ding SI4c; net receipts none; gross
receipts 4l6 bales; sales none; stock
none; exports to the continent 1919 bales;
| exports coaStwIse none; exports to Great
| Britain none; exports to France none
Wilmington, sept. H.-COttOn closed firm;
middling 75sc; net receipts 10 bales; gross
none; sales none; stock 5S3 bales exports
to the continent none: exports coastwise
none; exports to Great Britain none; ex-
ports to France none.
Philadelphia, Sept H.-Cotton closed firm;
middling sac; net receipts ISL bales
gross none; sales none; stock T09 bales
exports to the continent none; exports
COastwise none; exports to Great Britain
! none; eX ports to France none.
New Orleans, Sept. 1I-CottOn closed firm
Iniddling s c. net receipts I, IS6 bales; gross
receipts 500 bales; sales 300 bales stock
| 4077l bales; exports to the continent none
| exports cOastwise none; exports to Great
| Britain none; exports to France none.
Mobile, Sept. l4.-Cotton firm middling
! Z slice; net receipts lN bales; gross none
sales 800 bales stock 6.203 bales; exports to
| continent none; exports coastwise 81 bales;
| exports to Great Britain none exports to
| France none.
Memphis, Sept 4.-Cotton closed firm;
! middling SC; net receipts lI5 bales; gross
| nOne sales $50 bales; stock 7lS9 bales;
| exports to the continent none; exports
! coastwise none; exports to Great Britain
! none; exports to France none.
Augusta, Sept 14.-COtton closed steady;
middling 7Ic; net receipts 81 bales; gross
! none; sales GIG bales; stock. 1881 bales.
Charleston, SEPT. H.-Cotton closed firm;
! middling rae net receipts 5OS bales gross
! none sales 200; stock 1879 bales; exports
! 70 continent