The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-25
rs OF COTTON THIS DAY.
CIR. Brit. Fr'nce. Cont,
Total expts thus
far this week. $500 $40 9;

4dL tHlo M6Ghs. OlOOJ OiO 900 OsESl
Liverpool, July "a, noon.-Cotton-Dull;
downward tendency; free supply; Amer
lean middling, 8 l5-I6d; sales, 1000 bales;
American, $3.50 bales; speculation and export
100 bales; receipts 800 bales; American,
= bales. Futures opened easy; demand
moderate.
Characterization middling fair, low mid
ling clause: July, ) 5l-64d; July and August,
S52 64d, also 5l-64d; August and September,
3b2-6id, also 5l64d; September and Octo.
Der, 53-64d also 3 81 Cad; OCTOBER and No
yember, 3 54-64d, also 3 5S-64d; November and
December, 5564d, also 3a64d December
and January, 55-64d, also 54-64d; January
and February, Sc Cad, also 55-64d; February
and March, 5 58-C4d also S57-64d. Tenders
dockets
4 p. m.-Cotton, American mtddling fair
4%d; good middling, 4 l-l6d; middling 3 l5-l6d;
low middling. 1850; good ordinary, l1-16d;
ordinary, SAD.
Futures-American middling fair, low mid
ding clause: July, ~ 64G1S 50-64d; July and
August, 49-64GS so SAD; August and Sep
TENDER, 3 80 SD, sellers; September and Oc-
tooer, 3 50-64613 5l-64d; October and November,
5l-64d, buyers; November and December,
S52-64d, buyers; December and January, %
sd, sellers; January and February, 354-6ld,
myers; February and March, 3 55-64lIS 66-64d,
Futures closed steady.
New York, July -, noon.-Cotton futures
opened easy, as follows; July, &C; Au,
November, 6 Ole; december. 8 9Sc.
New York, July "a, p. m.-Cotton futures
Closed closed quiet, with sales OF 1885, $40
66s96 C; September, 67206 79c; October,
6eU96 Sic; November, . 500 &c; December,
s6g6 &c; January. O497 05c; FEBRUARY,
ll97 l2c; March, Z 1907 lie.
New Orleans, July 4.-Cotton futures
closed steady, with sales Of 1900 bales,
as follows; July &C, August soc, Septem-
per &c, October sc. November SIC, De
cember 6 Coo, January 72c, February use,
March SAC, April 9Oc
New York, July 24-The Suns cotton re.
port says "A decline in Liverpool. untavor-
bUle advices from Manchester, fall in the
prices OF spot cotton the favorable crop ad-
vices and long liquidation in August caused a
noteworthy decline. At the lower prices
mere was heavy buying by some OF the lead
log shorts. Europe sent selling orders
New York, July 24.-Riordan s Co. say of
cotton today: This has been an exciting day
IN cotton. Liverpool broke badly and the
n.quldation of August contracts in anticipa-
ion OF notices OF delivery, which may be eX-
pected on Friday next, gave our market a
fresh downward impetus. Some OF the
months, notably November and December,
S0Id TO DAY at the lowest price ever touched
oy those months in the history OF the eX-
Cnange August opened points lower at 6.7Oc
ana, after rallyin to 6.72c, broke 10 6.6oc, but
uuylng to cover shorts checked the decline
and partial recovery took place the close
oelng quiet, with August at 6.O6c and 8 69c.
Many believe that the long interest in August
mas now been pretty well sold out. After tho
close somewhat better tone prevailed, and
opinions seemed divided as 10 whether or not
reaction Is likely; but though some reaction
would seem TO be due, we can see no reason
20 chdngo our opinion that we nave yet TO
see the lowest prices"
Naval stores.
Spirits Turpenune-From the state OF az
talrs II would not appear that there wa any
use Tor spirits turpentine IN the commercial
world, ana II II we're not for the daily receipts.
winch swell the already enormous stock no
notice would be paid 10 the product. how,
ever the factors feel confident that they viii
seluentiy, tho undertone Is irm. The buyers
tf9id The market wholly and devote their at
tnllQn 70 roain, which they continue ~ plr'
shase quite freely. AZ the Beard o. Trade.
or ihe regular calls. the spirits i1Fpenilne
market VAS builetined nothing doing
ltosln~ihcre was 10 good dcmapd fof
l'aiAtn and common grades. while pllcs