The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-05-08

Lake Shore 49,. 1924 Union Pacific. 1875
Louisville & n A. sS do do pref. ISL,
Manhattan. .....l24 Western Union. s4E
Memphis X Char. Wheeling s. L. f. 1874
Michigan Central 81 do do pref. As
STATE BONDS.
Alabama A.. 90 ITenn,,new set Is. 1Oih
do B.............1O3 Tenn. new set. IS 100 .
La. stamped IS. 90 Virginia 8 s pref. SO
NorthCarolinals s7gs Va. Trust Reefs IS
NorthCarolina s. l2l1a Va Fund'g Debt. 60
Tennessee, ODDS. 60
GOVERNMENT BONDS
UnitedStates Is, reg stored. ...,..,....If3H
InltedStates As, coupons ............... i13%
United states Is. regis cred ............. %
New YORK, My 7.-Treasury balances
to-day were as follows: Com, SOS, $4,000: cur
Washington, May THE stated treasury
balance to-day is 1928, 517 900, Of which
sos 10000 is in gold.
Cotton.
Liverpool May :, Quiet; free
supply ohering: prices unchanged: Ameri-
can middling, 15-l6d; sales 5000 bales; Amer
lean. 400 bales; speculation and export, 500
bales; receipts 6OOd bales; American. 1890
bales, Futures opened easy; demand freely
Futures-Amerioan middling fair. low mid
Ing clause: May, d; May and June.
3 5364d; June and July, 3 53-64d; July and
August, 54-64d; August and September
3 56-t4d, also 3 55-64d; September and OctoDer
3 56-64d; October and November, 8 81 SD:
November and December IS sd; Dec ember
and January, 59-64d. Tenders at to-day's
clearlngs were 800 bales new dockets and 100
bales old do ,kets
4 p. m.-American middling fair, low mid
ding clause: May, 5l-64d, buyers; May and
June, 3 5l-o4d, buyers; June and July,
3 5l-8tG3 SEGA; July and August, 52-640
o5-o4d; August and September, 3 5364GG
"a Sid; September and October, 54640
oo-64d; October and November, 55 J41
. 90 old; November and December 56641
3 5764d; December and January. So Sad
buyers. Futures closed quiet but steady.
New York, May :, noon.-Co ton futures
opened steady at the decline, as follows: May
C; June. 9Sc; July, 99c; August, 03c;
SEPTEMBER. Z Ole; October, 07c, November,
New York, Nav :, 4p.m .-Spot cotton
closed steady; middling gulf 71ac; middling
uplands nc; sales ,+0l bales.
Futures closed quiet but steady, with sales
| OF 600 bales, as follows: May, 6oon6 8, C;
June, 69,@J SIC; July, 9SQ6 y9c9 August,
! Z Os97 Ole; September, 05G37 06c; October,
1uS4e4 NC; November, Csc; December, z II
| a. lsc; January. 22G17 24c.
| New York. Nav Total consolidated
| net receipts at all the ports to-day were 500
bales; exports to Great Britain 3, 45S bales, to
FfanYe = nales, to continent 1850 bales
Total so far this week: Net receipts 8 465
bales; exports to Great Britain 1889 bales
| TO France - bales, to the continent II l3s
| bales.
New Orleans. May Cotton futures
closed steady, with sales of Il 300 bales,
as follows: May otc, June &C, July c.
| August &c, SEPTEMBER 73c, OCTOBER 74c,
! November 8 7yc, December u SIC, January
8 Gle.
New York, May THE Suns cotton re-
view says: Cotton declined 6 to points
| and closed quiet and steady, with part of the
loss regalned. Sales IS 200 bales. Crop &C
! counts from India OF late have been less
| favorable. Texas crop accounts continue
| favorable. In some sections of Mississippi
| there will be a decrease IN acreage Rain is
| needed IN parts of Alabama Liverpool de
| clined 3l2 to 4 points, closing quiet and
steady. Spot sales 5000 bales al
easier but unchanged prices. Man
dull and irregular for cloths. Bombay re
| ceipts for the half week have been % .0O(
| bales, against $1,000 bales for the same time
| last year. The receipts at the ports were
| 3,C09 bales, against 1851 bales this day last
| week aud 42S9 bales last year Thus far
| this week S465 bales, agalns. H. 7S6 bales thus
far last week. Spot cotton here is steady and
| unchanged. sales SOl lales for spinning
| Deliveries on contract 100 bales The south
quiet and unchanged. New Orleans re.
bales to 1900 against 1925 bales
the same day last week. and 3,766 bales last
year, All the news was bearish, and it need
not excite surprise that prices a gain declined.
| Liverpool was lower. Manchester was de-
| pressed; there was failure repor ed there
| on Saturday The south was dull, speculation
| was sluggish, cotton goods were hard to sell
| and supplies are plentiful here and abroad.
In the meantime the Wilson and Hath bills
| still hang over the market. 1t was a short
market. August liquidation was in progress
| and it broke cents. "
| New York. May 7,-Riordan & Co. say of
cotton to day: The fresh decline in Liver.
| pool had disheartening euect here to-day.
| August, after lening points lower at S02c
| weakened and to- ched cents, but the bears
found that at these prices they had to do
! pretty much all the selling themselves, and
| presently they began very cautiously to
| cover. Very little buying stifened the mar
ket and prices rose easily under the demand,
! August quickly reacting 03o. The tone was
strong when private telegrams from Wash
| ington announced that AIR hatch would to-day
report the anti option bill to the House This
| instantly che ked the advancing tendency
| and offerings were soon made at concessions
| Prices gave way and August resided to 70zc
| There were some further and minor huctua
| lions before the close which was quiet but
| steady with 2. 03c id for August. We repeat
| our opinion that while under the fright
| ca sed by the Hatch bill, prices may sc
lower. Short sales are now very dangerous
| The chances seem to US to favor a reaction
and we would rath r bu5 now whenever the
| market shows further weakness"