The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-06-18

! united states As, coupons. .............10
| CnlJeu states 2S....... IS
| asked.
| New York, June 17-Sub-treasury balances:
Coin S68 III coo; currency, 81 $4,000
! The weekly statement of the associated
| banks, issued by the clearing house to-day,
shows the following changes:
reserve decreased. ...................$5.6 1904 100
| Loans decreased .................... 8 900 800
| Specie decreased ..................... 1910 900
Legal tonders decreased. ............. 7430 500
Deposits decreased. ...........I Il $50 200
Circulation increased ....... .... 81 900
The banks now hold Ss.7T6 800 in excess of
the requirements of the % per cent. rule.
Cotton.
Liverpool June II, noOn.-Cotton opened
quiet: prices in buyers favor; American
Inlddllng uplands 4Hd; sales 5000 bales
J American Z 100 bales; speculation and export
| 800 bales; receipts 1909 bales-An erican 300.
Futures opened easy and demand freely sup
piled.
| characterization middling. low mtddling
clause, June and July delivery 81 64d also
| 26b4d; July and August delivery 29Gid,
| also 2o Gid. also 27-64d, also 20 Gid; Au-
| gust and September delivery 30-G4d also
| 1 70 Gid also 28-64d also - Old September
| and October delivery 3064d also 4 % sid.
| also 2f-6id; October and November delivery
4 81 Cad, also 20G4d. also 28-6id November
| ana Decemcer delivery 30-6ld; December
| and January delivery 433-6ld, aIso 3l-6ld;
January ana February delivery IS Gid also
4 3i6ld, also 33-6ld
Y; III uIureS-AHerlcan. mlGdllng, low
| mlddllng clause, June delivery A 24-640
| 4 - 04d; June and July delivery 24-6t6
| I = 6ld; July and August delivery 4 25-64d.
| sellers; August and September delivery
l 2obld buyers; September and October de.
| livery 4 266l0A4 q Old: October and NoveIn her
! delivery 4 27-04d4 28-6Id; November and De-
! cember delivery 20 Cad, sellers; December
ana January delivery S0-64d, value; Jan
uary and February delivery 4 3l.6414 81 Gid.
| Futures closed quiet at the decline
| American middling AID.
| New York, June 1.-THE Suns cotton re-
| view says 1T was a llquidating market on
| long side, owing to the decline in Liverpool.
! crop adYiccs were generally favorable. Cotton
goods were dull and depressed. Stocks of
raw cotton here and abroad were large, and
| the financial situation unfayorable In this
country. It was waiting market here pend
| Ing further developments in Liverpool. Prices
| declined to points closing steady with
| sales OF 1890 bales. Liverpool declined 2H
| 10 points closing quiet, with spot sales Of
! 5000 bales New Orleans declined 10 points.
| Receipts at the ports were 35H against 2 80
! Dales TINS day last week, and 1885 last year.
| spot cotton was quiet and unchanged at 1-lGc
| Tor mlddllng uplands, and sales of 164 bales
| for spinning. Southern markets generally
| quiet and unchanged. Galveston and Wi.
mington advanced 4sc. New Orleans sold 100
| bales"
New York June 17.-Riordan & Co. saw OF
| cottoni The week has been an active and
| exciting one In the cotton market, and though
| fluctuations have been wide and frequent,
d
| and unmistakeable growth of bullish senti-
| ment Though Liverpool and Manchester
! nave showna disposition both yesterday and
to-day to call halt in the advance there Inns
been no considerable break as vet in our mar
| ket, anG the close today was steady
| with 1890 bid for August. Prices here
have been in q large measure sustained by
! the sentimental buying which invariably fol
| lows an advance, and this buying, in turn,
| has been stimulated by vague talk of a coming
corner IN August eottoni but the men who
| engineer corners do not talk about their in
! tentlonS before hand; and the large stocks
which still confront us would make manipula-
| ton OF corner at this time an exceedingly
dlmcut and dangerous job. The last
| crop reports OF the Financial Chronicle pub
| ltshed this morning. are very favorable; and
! unless Liverpool resumes her upward move
| ment next week we fear that ii will be i'm
| possible to sustain prices in our market ANY
| break that may occur would probably he ao-
| tolerated by the forced liquidation of long
| cotton bought during the recent advance.
| But everything depends, just now, upon the
| attitude Of Liverpool. Our own faith in the
| permanence OF the improvement abroad has
| been rather shaken by the tone of today s
cables, and though the upward furry may not
YET PC over, we feel much more inclined to
sell than to buy present prices"
New York, June IL, noon.-Cotton futures
opened easy and closed steady as follows:
| June delivery SIC, July delivery SOC, Au-
| gust delivery 90c, September delivery Ole,
! October delivery 10c, November delivery
I 8 16c.
Cotton contracts opened easy at 500 points
decline, and closed steady at SOS points be-
| low yesterday.
New York, June II, D. m.-Middling up
lands lice, middling Orleans S 5l6c, low
| middling uplands &c, good ordinary c.
sales 1914 bales. Cotton quiet. 49,
| Futures closed steady with sales Of 70 400
| bales: as follows: June delivery s2a7 Sic,
| July delivery 50 "a soc August delivery 7 %
| as O0c, September delivery 040lS Csc, Octo-
Der delivery 10dS lie, November delivery
| 8 n nfnF dol o. o
January delivery 8 2S8S 29c, February de-
| livery 34C08 sec.
Total consolidated net receipts at all the
| ports to-day ana so far this week were 8, 507
| bales; exports to Great Britain 558 bales
to the continent 1884 to France IT'S stock
| abb bales.
! Galveston, June 17.-Cotton closed steady;
middling ll-16c; net receipts 81 bales. gross
| none; sales 400 bales; stock 30,S39 bales.
J Norfolk, June T.-Cotton closed steady:
I mlddllng 79sc; net receipts 49S bales, gross
nonei sales l25 bales stock II, 297 bales; ex-
| ports coastwise 100 bales.
| Baltimore, June l7.-Cotton closed nominal:
mlddllng &c; net receipts none, gross none;
| sales none; stock 6,308 bales.
| Boston, June 17-Cotton closed quiet but
| steady; midhlfng 8 l-l6o; net receipts 235
bales, gross 2T2: sales none; stock none; ex-
ports to Great Britain sos bales
| Wilmington, June 1T.-COtton closed steady:
middling 7Ac; net receipts 6 bales gross
| none; sales none; stock 107 bales.
Philadelphia, June 1T.-Cotton closed firm;
middling SIC; net receipts 50 bales, gross
| none; sales none; stock 1l.6l6 bales
New Orleans, June l7.-Cotton closed
quiet middling TIC; net receipts t43
| bales, gross none; sales 100 bales; stock
| lO9.3T bales; exports coastwise .O36 bales.
New Orleans, June 17.-Cotton futures
| quiet, with sales Of 1900 bales, as follows:
June delivery Tic, July delivery Tic. An.
! gust delivery zoe, September delivery 7Ic.
! October delivery 76c, November delivery
| SIC, December delivery z SSc, January de-
livery O3c, February delivery Toe
| Mobile, June 17-Cotton closed nominal:
| mlddling ll-t6c; net receipts / bale, gross
none; sales none; stock T,34l bales
| Memphis, June T.-Cotton closed quiet but
steady; middling Sc: net receipts ~ bales
| gross l22; sales rs bales; stock 264t6 bales
Augusta, June l7.-Cotton closed firm:
| middling l3-l6c; not receipts 20 bales, gross
| none; sales 60 balos stock 1851 bales
| Charleston, June 17.--Cotton closed firm.
| middling 79Sc; net receipts 223 bales gross
! none; sales none; stock q, 532 bales: exports
coastwise 100.
Cincinnati, June 17.-Cotton closed stendv.
| mtddling S}5c net receipts 95s bales. gross
| none; sales $50; stock 1888 bales
| Louisville, June 17-Cotton closed steady.
nlddling SAC; net receipts none, gross none
| sales none; stock none.
| St Louis, June l7.-Cotton closed steodv.
middling 7Bc; net receipts - tales, gross
800 bales; sales 400 bales stock 40 $50 bales
Houston, June t7.--Cotton closed arm.
middling 7%c; net receipts "a bales. gross