The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-03-16
GOVERNMENT BONDS


Tennessee, ODDS. 90
GOVERNMENT BONDS
United States IS regjstsrsi.. ............It22 a
UnitedStltes IS, coupons. e1I3aI
United STATES >, regis .ered...,...-..... 95
ibid. sAsked.
New York March l5-Treasury balances
to-day were as follows: Com, 500, l57,00J; cur
rency, $6 100 900.
London. March l5.-The bar silver market
to-day has been uncertain, and was quoted at
27lld per ounce.
Cotton.
Liverpool, March Is. ou.-Cotton-Good
demands; fair business doing; price firm
american mlddling, 4isd; sales, 1900 bales;
American 1920 bales; speculation and export,
loo bales; receipts, 1900 bales; American
800 bales. Futures opened firm; demand
fair
Fdtures-American middling fair. low mid
ing clause: March and April l-64d; April
tand May, 164d, also Id May and June
1-6id, also 2-64d June and July, 3-64d,
also I ted July and August, 4-64d, also
56ld; August and September, 6-64d, also
! 1-64G; September and OctoDer. 7-64d. also
4 864d; October and November, 4 Sold also
gt4t Tenders AZ to day clearings were
none.
p. motion, American midding fair
49l6d; good middling, AID middIing, 4ad:
low middling, 4d; good ordinary, 35d; ordi-
characterization middling fair low mid
ding clause; March, l6ld, value; March
and April, l-64dd value; April and May,
: 'uttl hdluts May ana June, 4 = OilAA s OiQ.
June and july, 4-64d sellers July aud Au-
gust. So a. 6-e4d; August and September,
% 6la 5-6id; September and OctoD Der, 7-64
a. S64d: October and November, 4 sold,
value Futures closed steady at the sad-
vance.
New York March Is noon.-Cotton futures
opened nrm, as follows: March 5}c;
April, 4Oc; May 4bc; June, ) @; July
Z 592: August, 6lG.
New York, March IS, 4 p. m.-Spot cotton
closed quiet: mlddling gulf nc; middling
uplands rae; sales 24l Gales.
Futures closed steady with sales Of
93,2UU bales as follows March, 4Uc; April,
| llc; May, +,c; June. soc; July, 7 6lc Au-
gust, t6c; Septem Jer z Gle: October : Csc;
| November, 7lc; December, 76c.
New York, March l5.-Total consolidated
ne receipts at all the ports to-day were 7.7s5
bales; exports TO Great Britain I58J bales, to
Fran e. Dales, 10 the continent II, 10 bales.
| stock s}2.07 bales
Total so far this week: Me- receipts SO 7l2
| bales exports to Great Britain - ye5 bales
to France l6ll oales to the continent 2l,2D0
| bales.
New Orleans. March l5.-Cotton futures
! closed steady, with sales Of 61,s00 bales, as
| follows: March use, April Osc May nc
! Der Bic, OCTOBER 34c, November $50 De-
| cember 44c
New York Marchl5-The sun says Of cot
| ton today: &C ottOn advanced to II points
| and closed firm. sales $3.50 tales. Liver
! DoOl advanced IL to points. and closed quiet
| and steady; spot sales 1900 bales. at irmer
| were steady; cloths in moderate demand.
! Bombay receipts for the week 66.OO0 bales
| against %OJ6 bales for the same week last
| year. New Orleans advanced s to 10 points
Spot cotton here was quiet and unchanged
! Sales 24l for spinning. Southern markets
we're quiet and in most cases unal-
tered. Port receipts were estimated
at 1900 bales and reached
7,7s0 bales, against ,73s bales this day last
week. ana 1855 bales last year; thus far this
week 56oS bales, against 50 49, bales thus
lac Il
Great Britain and Il 3S2 bales to the CONT
nent. ray of bullish hope lighted up the
market to-day. Liverpool kept Up its spot
sales to 1900 DaleS, and marked up future
! rlor towns we're light and the port receipts
were not quite as large as had been expected.
fHf fo bogever news was foo PRINCIPAL
by surprise, and many of them covered
Buying to day was principally for short ac-
count, Men are 10th TO take the long side
until there is radical change for the better
as regards the crop movement. AS it now
stands the ports, it is estimated. will get
anywhere from 10000 bales to 5000 bales
against 69,O36 bales last week. and IL 473 bales
this week last year. while the interior re
ceipts are expected to reach 1900 bales
a Fainst u 465 bales last week and ID 673 bales
last year. New Orleans was a buyer to a
moderate extent. Some professed to regard
the passage of the Bland bill by the Senate
to-day a s. in some sense bullish feature. as
it would mean imitation of the currency pos IL
e
possibly, for higher prices. Others, in the
majority, think it anything tut a good fea-
ture, and hoped that 1t viii be vetoed. Some
OF the friends of cotton point out that prices
are not very much higher than two
years ago when the crop was over
100000 bales, and they contend that
cotton. judged strictly on its merits aud
aside from the unfavOrable financial Coudl-
tons in this country and abroad which have
been for some time past zpr ejudicial to trade
interests generally, is entitled to an advance.
q Ir1fr
| but little and East Indian exchange is com
parauvely steady, India is likely to buy
Manchester goods more freely. They are
also greatly encouraged by the activity in
Liverpool The speculation here, however
continues very light
New York March i5-Riordan g. Co. say
OF cotton today: LIVERPOOL today recovered
her decline of yesterday, and our opening
was marked by more cheerful tone, with an
advance Of about points. The first sale of
May was 74ic The improvement. however
lively heavy receipts the demand slackened
ana the trading became very dull
May gradually sagging to 742c
in the last half hour there
was some spirited buying to cover
shorts, which caused an unexpected advance
and the market closed firm at the best prices
of the day, 46c being bid for May. The
general opinion. after the close seemed to be
that prices are likely to be somewhat higher
TO morrow But there has been no change as
yet IN the discOuraglng feature of the trade
situation. and we have no great confidence in
the perEaneDce OF any further advance. But
troll the course OF prices here: