The morning news., 1894-03-01

Illinois Central. 81 Tenn. Coal s Iron. l84
Lake Erie W.. l4ls do do pref. 81
DO pref .....-.. 68sa Texas Pacific.
Lake Shore ....127 Union Pacific. . lsS
LYille s. Nash. A w Dash. ). l.. & p. 5S
louisville s n. A. do do pref. IL
Manhattan. ..... .l23A Western Union. S5ss
Memphis 4 Char. 10 Wheeling & L. E. l2I
Michigan Central. ssS do do pre-. 46%
STATE BONDS.
Alabama A.. 90 Tenn, new set. IS. 9S
DO b ...... ......... 90 Tenn. new set SIS. 100
DO C..-.......-.. 81 Tenn. new set IS. 76S
La. stamped As. e5 Virginia 6's pref. 50
NorthCaroltna IS % Va. Trust Reefs 35
NorthC Carolina os ls21a Va Fund'g Debt. 5s$
GovERSAESr BoNDS
UnitedStates As, registered. ...........1i21
[ UnitedStates As, coupons. ............... 113&
United States 2s, registered. 96
New York. Feb. 2s.-Treasury balances to-
Gay we're as follows: Coin. s94,7490OO cur
London, Feb. 2s.-The bar silver market is
uncertain; quoted at 27Hd per ounce.
| Liverpool, Feb. 2s, -Cotton-Moder-
| ats demand; prices hardening: Amer
/ lean middling lied; sales 1900 bales
1 American l0,200 bales; speculation and export
/ 1000 bales receipts, 5000 bales: American.
/ 24OO bales. Futures opened firm at the ad-
/ vance; demand fair.
Futures-American middling fair, low mid
ding clause: February and March / l-6id;
March and April, 2-6ld, also 3-64d: April
and May, 3-sd, also 4-6Id; May and June
/ 564d, also 4-64d; June and July, 7-64d.
i also S-64d; July and August, 9-64d, also
lO-64d; August and Septem ber 4 20-64d also
ll6id; September and October 11-6ld.
Tenders at to-day's clearings were - bales
new dockets.
4 p. m.-Cotton. American middling fair
! 49-l6d; good middling, AID; middlinR AID;
low mlddllng, 4d; good ordinary, SSd; ordi-
Futures-American middling fair, low mid
! ding clause: February, ; 6t6l4 464d; Feb
ruary and March 3-64Gb4 4-64d; March and
! April, 446i@4 5 Gid; April and May, 5.646D
/ 664d May and June, S-64d buyers; June
/ and July 9-t+I, sellers; July and August,
! l06494 ll-64d August and September, 4 12-
| b4d, sellers; september and October. 13-6id,
| sellers; October and November, 13646a4 IA
t4d. Futures closed very firm at the ad-
vance.
| Manchester, Feb 2s. The Guardian in its
| commercial article says that though matters
J have assumed more cheerful aspect there
! IS no increase In the volume of business.
There is more inquiry in some quarters, and
/ sellers are disposed to entertain the offers
! made. The tendency Is in favor Of the buy
| ers Indian limits are inadequate to the
/ views OF manufacturers Offers for the far
| east are few and generally lower. Inquiry
/ elsewhere IS small. Yarns are quiet, with
! better tone but small business
New York, Feb 2s.-Cotton futures opened
steady, as follows: February, c; March,
| 40c; April, 4ic; May SAC; June, z 60c;
| July, 69c; August zoe; Septemt er. 7 74c:
October 778c; November, Z 79c; December,
New York Feb. %, 4 p. m.-Spot cotton
closed dull; middling gulf TIC; middling
I upands 5sc; sales 422 bales,
Futures closed steady, with sales of
| 17l,3OO bales as follows: February, g;
/ March, 4Oc; April, SIC; May, 36c; June,
| 63c; July, 69c; August, 74c; September,
74c; October 7Sc; November7 SOC; Decem-
| Der. S5c.
New York, Feb. 28.-The total consolidated
| net receipts at all the ports to-day were s7l
bales exports TO Great Britain l2,574 bales, to
; Frame DaleS the Shp
bales; stock ql355l bales.
Total so far this week: Net receipts 5O2i2
bales; exports to Great Britain 4O,U66 bales,
to France 80 bales to the continent $500
bales
New OSleans. Feb. 28-Cotton futures closed
easy, With sales Of 55,lo0 bales. as
June 7 Bic, July BIC, August 43c, Septem-
Der 43c, October 46c, November, 49c De-
| cember SIC.
New Orleans, Feb. 2s.-The following is the
semiweekly cotton movement at thirteen
leading interior towns Receipts, li,O15 bales,
against 206S9 bales last year; shipments,
1902 bales. against "a 6Si bales last year;
stock 2S2,2O4 tales against 352O36 bales last
New York. Feb. 2s-The Sun, in its review
Of the to-days cotton market, says; Cotton
| advanced 8 to II points, then reacted and
closed tarely steady at a net advance for the
day Of 3 10 points with sales OF III 300 bales.
! Liverpool advanced points, closing firm,
with spot sales of II, 900 bales at an advance
of 1-l6d. In Manchester, yarns were dull
and for cloths the inquiry was small Semi
! weekly receipts reported by New Orleans
were "A 900 bales, against 1000 bales the same
time last week and 81 900 bales last year;
shipments, 10000 bales, against % 900 bales
for the same time last week and 25 900 bales
last year. New Orleans advanced to IL
points and then lost part of the improvement.
Spot cotton here was steady and unchanged,
with sales of 422 bales for spinning
some cases, higher. New Orleans
and Memphis advanced isc: Mobile, Norfolk
while on the other hand Wilmington declined
1ac and Charleston about lids. New Orleans
sold 3 80 bales, Memphis 2,2O0 bales, aud
! Charleston L. 793 bales Port receipts were
week, and ,9O2 bales last year; thus far this
week 1862 bales, against "A 629 bales thus far
last week. Exports, 1854 bales to Great
Britain. and So bales to the Continent. New
| Orleans re eelpts tomorrow estimated at
2 800 bales against 723 bales same day last
week, and 3,0s6 bales last year. Many letters
| from various sections of the
south report exhaustion OF supplies
J At NewburypOrt, Mass. the Peabody
I mills, 800 hands will reduce wages to morrow
10 per cent. Hermitage and Boyd mills
Reidsville n. c., will shut down until trade
/ revives. Reported that six large New Eng
land mills Will probably move their plants to
the south this year, including three already
certain to go, namely, Bliss, Fabyan Il Co ,
Dwight Manufacturing Company and Massa
chusetts Company. new mill, the Iusca-
pan. has been started at Wexford, ). G. Some
of the mills at Fall River are slid to have
made profits last year of IS to p per cent"
New York, Feb. 2S.-Riordan g. Co.. say of
cotton to-day: The market showed compare
tive strength today until the last hour.
Liverpool was active and 4.64d higher. The
movement was rather light and our openin 2
was at an advance of a out points, the,hrst
sales of May being at 7.e0. During the fore
noon the trading was nervous and the fuc-
tuatons frequent although within a range Of
a few points. But as the day advanced many
I who had sold out their holdings during the
recent decline. @ decided to re purchase
under the impression that the long expected
advance had at last begun. Buying orders
from the south came in freely, and for time
there was mild display of bulhsh enthusi-
asm. May climbed to 765c and the trading
I IN that month at 7.6lc was in very consider
| able volume. But after awhile the demand
was satisfied, and it became apparent that
I there were more sellers than buyers The
I floor traders who had bought this morning
seeing their profits we're likely to disappear
hastened to unload, and a sudden pressure OF
offerings broke prices about points from the
/ highest. The close was barely steady with
756 bid for May. We nope that the
/ improvement will go on or at least be main
tanned, but we can see nothing az the moment,
{ to encourage buying. II the long interest
should continue to accumulate In thfs absence
OF any substantial support to prices The mar
ket may again recome top-heavy, and another
serious break ike nat last Monday may fol
low. But we rather expect inconsideraole
fluctuations for a time without any decided
mt in D.,