The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-29

far this week. 5O7 1850
Liverpool. July 2s. noon-Cotton-Dull;
free supply Offering; prices UNCHANGED; Amer
American. 300 bales; speculation and export,
800 bales receipts, 200 bales, American,
/ 900 bales Futures opened dun; demand
freely supplied.
Futures-Ameriean mtddling fair low mid
ling clause: july, ID; July and August,
8 4S sd also f7-64d; August and September
S4t6id. also AZ Cad; September and Oeto-
Der. 5O84d, also 3 20 sd; OCTOBER and No
vemoer, 5l-64d. also 50-64d November and
/ December, cid, also 81 Cad; December
and January, 5364d, also 5 81 SD; January
and February, 81 Sid, also 53-6ld; February
and March, 55-t4d. also 5i64d. Tenders
at to-days clearlngs were --- bales new
dockets.
1 p. motion, American mlddling fair.
I 9l6d; good middling, 3 3l-32d; middling id;
low mlddling 2o-S2d; good ordinary, 2l-32d;
ordinary, l5-32d.
Futures American middling fair, low mid
ding clause: July, 3 1850. buyers; July and
August A. 64d, buyers; August and Sep
TENDER, 3 ~ 6id buyers; September and DC
tober, 5O-64d, buyers October and November
5lb4d, buyers; November and December,
52-64d, buyers; December and January, o3
cd sellers; January and February, 3 5i-6ld,
buyers; February and March, 55-64lg3 sid.
Futures closed quiet.
New York, July %. nOon.-Cotton futures
opened quiet as follows: July, zoe; Au-
gust, re- September, &c; October. : SIC;
November, 9Jc; December, So.
p
closed steady, with sales of 300
bales, as follows July, 6b06 sc; August,
6 6766 6ec; September, 6 1906 nc; October
6 7e616 79c; November, SC6r6 sc; December
8 93tGs6 sac; January, OO@57 Ole; February,
Z OW7 csc; March. Z 1907 lac: April, 1914
zoe; May, I5G7 26c.
New Orleans. July 2S.-Cotfon futures
closed quiet, with sales OF II, SO bales,
as follows: July Coo, August 49c, Septem
Der 44c, October Acc, November 5oc. De-
ccember o3c,. January sc, February FAC,
March soc, April SOC.
New York July 2s.-The total visible
supply Of cotton for the world is 2,420 $50
bales, of which l,948 $50 bales are American
against 1906, 2l0 and 2.0JS go bales respect
lively, last year. Receipts this week at all
interior towns 1870 bales Receipts from
plantations - bales. Crop in sight 1857 ,9l5
bales.
New York, July 2s.-The Suns cotton re-
port says "A decline in Liverpool, favorable
crop news, some long selling, and some
bear hammertng depressed prices in a narrow
market, one house said
The cotton world, as a rule, is against the
market, and as we said a few days ago, it
matters not TO what extent notices on August
should be stopped IL would create only a
temporary strength should Liverpool fail to
respond to that character of encouragement
on this side. We now see that Liverpool
pays no attention to the fact that what no
tlces were issued yesterday were either
stopped by those putting them out or others
who were long of that month. UnfavoraCle
trade reports continue TO come from Man
chester and elsewhere, and yet the decrease
Of the world 5 visible supply Of all kinds, for
the week ending Oct. - is 100000 bales, Of
which 81 900 is American"
New York, July 28.-RiOrdan II Co, IN their
review Of cotton for the past week, say: The
conditions influencing the cotton market nave
undergone no noteworthy change during the
week just ended. Trade both in this country
and abroad remains very dull and unsatstac-
tory. The crop appears 10 be getting on
hnely, and continues TO give every indication
OF large yield, and prices in the absence OF
any strong speculative support have had a
further and material decline. The fact that
the crop has not yet entered upon themOSt crit
tcal month of the season and the pro 1ility
that settlement Of the tariff tangle may now
at any moment give the signal for a rushing
revival OF industry and trade In the United
states are the two main considerations
which stand in the way of a much more
serious break in values than we have yet had.
Our own impressions are that the chances are
still in favor of lower range OF prices later
upon the weather in August be-
Ing as favorable for the plant as that of
June and July has been; and this is a contin-
genoy In regard to which nobody's opinion 10
| of any particular value For the immediate
| future, we rather expect a tiuctuating market,
| without any very decided change In either
\ direction. But when the new cotton shall be-
gin to tlnd its way to market in considerable
volume. we fear that 1t may be found impos.
Sible TO sustain even the present low
quotations Liverpool sent us a decline to-
day, and the crop accounts, both in the FInan-
cial Chronicle and from private sources,
were so uniformly excellent that there was
more disposition to sell than to buy. October,
which has now taken the place of August as
the most active trading month. opened
point lower, at 6,s2c, and gradually declined
TO 6.18c. The close was easy, at the lowest of
the day Final prices to-day for all months,
except August, were the lowest yet touched"
Naval Stores.
Spirits Turpentine No new developments
have taken place in the market and at the
Board OF Trade, it was bulletined nothing
doing"
RoSin-The market was very quiet and in
| active. There were no sales reported. At the
| opening and closing of the market il was bull
| letined firm and unchange The following
! were the official quotations:
! A, B, Cand d. 81 90 k. ....... SO 20
I