The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-17

rency, S490s0,000
Cotton.
Liverpool April l6, -Cotton-Quiet;
free supply Offering; prices unchanged: Amer
lean middling, 4]sd sales, 5000 bales; Amer
lean, 6,T00 bales; speculation and EXPORT.
1910 bales. Futures opened steady; demand
moderate.
Futures-American middling fair, low mid
ing clause; April and May, 4 2-64d, also
i-old; May and June, 2-64d also 1-64d:
June and July, 3-64d, also 2-64d; July and
august, +64d, also SID; August and
september, 664d, also 5-64d; September
ana october, Gold, also 7-64d; October
and November. 4 s-64d, also 4 7-64d; No
yember and December, 4 9-64d also S-64d.
renders at to-days clearings were 300 bales
new dockets.
4 p. m.-Cotton, American middling fair.
49-lOd; good middling, AID; middling, AID;
low middling, 4d; good ordinary, SAD; ordi-
Futures-American mtddling fair, low mid
ding clause: April, 1904 2-64d; April
and May. 1-6Ad4 2-64d; May and June
I l,64a4 2-64d; June and July, 3-64d, sellers;
July and August, 4 4-64d, buyers; August
and September, 5-6454 6-64d; September
and October, 6-64lQ4 7-64d; October and
November, 7-64d buyers; November and
quiet.
New York, April 16, noon.-Cotton futures
opened steady, as follows: April, 45c; May,
45c; June. acc; July, SOC; August, 60c;
Septem er, Z soc.
New York April IS, p. m.-spot cotton
closed dull; middling gulf l3-16c; middling
uplands 9lec; sales lSl bales.
Futures closed firm, with sales OF
$1,000 bales, as follows: April. SEC. May,
3Se; June. z ACC; July, BIC; August. Z sc;
september o7c; October, SIC; November,
Z 63c; December, z CSC: January, Z 74c
New York, April l6.-Total consolidated
net receipts at all the ports to-day were II or
bales; exports TO Great Britain 1854 bales, to
tranve 90 bales, TO continent 1888 bales;
stock 692. 624 bales
Total so far this week: Net receipts IS 254
bales; exports to Great Britain H. 733 bales
to France 6UO bales, to the continent 5222
bales
New Orleans April 16.-Cotton futures
closed steady, with sales of 46sOO bales, as
follows: April y9c. May 02c. June lie
July l9c, August 25c, September 20c
OCTOBER 25c. November 29c, December
New York, April 1e.-The Sun, in its review
OF to-days cotton market, says: The de-
preston today was due chiefly to large receipts
at the ports and the liberal movement to the
interior towns of late. The Texas crop move
ILent is especially disappointing to the bulls
1t is also distinctly adverse factor that
the spot trade IN this country and Liver
pool is so dull, while another
feature not calculated to promo e
the interests of the bull party, is the dullness
OF the speculation. Fears that the hostile
legislation at Washington explains. In a great
measure. the dizziness of trade. A member
of local firm said to-day: 1T should really
appear to the people of the south whose in
terests are directly or indirectly connected
with cotton, that they ought to give the
acreage question more thoughtful attention
than anything else at this time. If the south
is really preparing to get in no larger area in
cotton this year, it should make it known in
some way, because as we have said before
the cotton world generally, is a doubling
Thomas. so far as reports of no increase is
concerned The world has an abundant sup
ply OF cotton, especially of American. Only
upon the condition that it shall be
known that crop preparations are
being extended beyond those of the
season now current, 1t would seem to be a
matter OF absolute safety for the cotton
grower and merchant, so far the latter as
S1stS in the production of a crop. After all
he is largely responsible, by the extent of his
advances, In assisting to put in a large or re-
duced acreage. Every man should Judge for
himself, and II he does not think his interests
can be SuOServed by helping to limit the size
of American crops, then there can be no or
gained plan OF arriving at such a result"
New York April l6.-Riordau & Co. say of
cotton to-day; The market was without
feature to-day the slight improvement in
Liverpool caused some buying at the opening
and the first sales of May were at LAC. But
the receipts were full, and before the call had
ended prices had taken lower range For
the rest OF the day May f1uctuated between
1880 and 740c, closing quiet at the lowest fig
ures. The feeling here now is that there will
be plenty Of cotton for all purposes until Sept.
l. If there is TO be any substantial rise il
must be based upon apprehensions of a short
crop next fall. II is now very evident that if
the next crop is not a large one it Will not be
on account or reduced acreage. Texas is sure
to plant considerably more, and the tendency
throughout the south, though not generally
low prices by increased production. If this
G ,pectatfon Shout lie We lied. it is hard to
see what ,ound we can hope for more than
occasional and spasmodic rallies"