The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-02-01

10 . -..---......lOO rem. new SET bS. 30
La. stamped IS 81 Virginia SIS pref. 20
NorthCarolina Is 81 Va. Trust Reefs. So
NorthCarolina6 Is 119 Va. Fundg Debt So
tennessee, olds.. 60
GOVERNMENT BONDS
UnitedStates As. registered. .IIsX
CnitedStates As, coupons.
United states 2S, regis tered. ........... 95
*Bid. asked
Treasury balances-Coin, s62 03S, 900; cur
rency, S34S02 900.
Cotton.
Liverpool. Jan. 81, noon.-Cotton-Mod-
crate business at easier prices; American
900 bales; speculation and export 900 bales
receipts, 1900 bales; all American. Futures
opened quiet; demand moderate.
futureS-American middling fair low mid
ding clause: January and e oruary, ll-64d
February and March l264d, also l-64d
March and April, 4 l5-64d, also 1860; April
June, 1S.64d, also 4l7-6id; June and July,
4 l9-64d, also 4 lS-64d; July and August, 2i-
| SD, also 20-6id; August and September, 4 ~
SD Tenders at to.day's clearings were -
! p. motion, American middling fair
4 ll-ltd; good middling, 4asd; middling, 4Ad;
low middling, 47sd; good ordinary, Adj ord-
/ nary, l3-l6d.
| Futures-American middling fair low mid
ding clause: February, IL Gid, sellers: Feb
/ ruary and March l264d, sellers March and
] april 4 lS-Oftl4 1900; April and May. l0-64d
! buyers; May and June, 11-64d, sellers: June
| and July, lS-64684 l9-64d; July and August
! 4 20-64d, buyers; August and September, 81
6i04 22-6id; SEPTEMBER and October, 20 cid,
| buyers Futures closed barely steady
| Manchester. Jan. 3l.-The Guardian in It's
| commercial article says The market was
! dull and inactive, through the movements Of
| cotton at Liverpool, though the opening
| promised better. Despite the absence of in
qulry from the large eastern centers man
ufacturers are not anxious for fresh orders
| Occasionally there was a moderate in
! quiry for India. There were few sales OF
| low shlrtings and finishing goods for
! China
| ~ he difficulty of securing exchange hin
| dered business for Japan.
There was better inquiry for the Levant
| and Eastern Europe.
Heavy goods were quiet and printing cloths
moved slowly. Prices we're in favor of the
/ BUYERS. Yarns were quiet"
| New York, Jan. 81, noon.-Cotton contracts
| opened barely steady at point advance to 1
! point decline influenced by an easier Liver
! pool market and light port receipts, declin-
| ing points, but rallying again, and are now
unchanged to point over yesterday.
New York, Jan 81, noon.-Cotton futures
| opened steady, as follows: January, &C:
February, SEC; March, 57c April 94c;
| May 00c; June. 8 0Gc.
| New York, Jan: 81, p. m.-Spot cotton
! closed dull; middling gulf s 5-l6c; middling
| uplands Lido; sales All bales.
Futures closed barely steady, with sales Of
! 137,7OO bales as follows: February, 76c;
! MdTCu, cECi ApTll, $50 May, SOCs June.
! 8 O3c; July, O9c; August llci September,
! lSc
New York. Jan. 81.-The total consolidated
netreceipts at all the ports to-day were q, $50
! bales; exports TO Great Britain l0,25l bales. to
| France - bales, to the continent 1910
! bales; stock 1,O92 203 bales.
Total so far this week: Net receipts Sc, 1858
| bales; exports to Great Britain ASS % bales
| to France Zig bales, to the continent Al .75l
| bales.
New Orleans. Jan. 31.-Cotton futures closed
follows: February 2Sc, March 40c, April
z 5Cc May 5ec, June z &c, July 74c, Au-
| gust 1910.
New York, Jan. sl.-The Sun, in it's review
| of to-day's cotton market says: Cotton I'D
vanced TO points, lost this and declined
| to points, recovered this and advanced
point lost this and declined to points
! closing barely steady with sales Of 1877 700
| bales Ellison & Co. estimated the English
| spinners' surplus stock Jan. 1 at 81, 900 bales
| against 100000 bales on the same day last
year, and continental spinners' surplus
| stock at $4,000 bales, against 2840 0O bales
! on the same date last year. They estimated
! the weekly consumption during the past
| month in Great Britain at so 90 bales, and in
| the continent at $1,000 bales Liverpool de-
| clined points and recovered point, closing
| barely steady. with spot sales Of 10000 bales
| at quotations fully maintained. In Manches-
| ter. yarns were weak and cloths dull. New
| Orleans was at one time to 2 points higher
| but lost this and declined to points. Spot
| cotton here was dull and unchanged. Sales,
| III DdIGS IOT spinning. southern $50 mar
kets were quiet and generally unchanged.
New Orleans was easy but UNCHANGED.
| Galveston and Baltimore advanced l-16c
New Orleans sod 1850, Galveston 1893, Mem
| phis 800 Charleston 748 Augusta 613, and Mo
| bile 500 Port receipts 1850, against 24.7l7
| this day last week, and II IT'S last year; thus
| far this week 80 $50. against 1888 thus far
| last week. Exports to-day, 1921 TO Great
Britain and 4,el0 to the continent New Or
| leans receipts tomorrow estimated at 5000
| against e,S2S on the same day last week. and
| 1897 last year. Augusta receipts to-day
| 327 against 294 last year; Memphis 800
| against 1907 last year; St. Louis 427
| against 81 last year; and Houston 2.04s
| against 2.20S last yoar Visible supply, 1904,
9ul bales, against 1924 26S last year. Re-
| cepts to last night 1899, 131 bales, against
| 1861 1873 thus far last year; increase thus far,
| 1857 743 bales. Exports to last night, 3507, 70
| bales against 700 9l thus far last year; IN
| crease thus far, s07, 1913 bales. Silver higher
| The exports of cotton goods from the United
| States thus far this year are very large"
| New York. Jan. 3i.-Riordan & Co. say of
| cotton TODAY: The market was dull and
| featureiess to-day. The attitude of Liverpool
| had no special significance, but the port re-
| ceipts were rather too liberal to please the
| bulls. many Of whom sold out IN disgust. The
| opening was at about yesterdays closing
| prices, the first sales OF March being at 1850
| Then the market became weak, and March de-
! cline 7.Slc, Later there rally to the open
| ing prices but in the afternoon there was more
| liquidation, resulting in another decline. The
| close was barely steady, with receipts about
I
compare. were exceedingly light. The bulls
pin their hopes to hight interior movement
this week which seems exceedingly pro "a Die
The chances appear TO favor ctuating
market during the first week in eDruary
with no very decided change In either direc-
ton"
New York Jan. 31,--Atwood Violet g. Co.
say of cotton to-day: 1.-THE market was affected
at the opening by Ellisons estimate of con-
sumption by Great Britain Of 5000 bales
weekly and the continent 80 900 bales while
the surplus stock Of English spinners is o.
600 bales against 10000 bales last year and
continental stocks $40 900 bales against 264 COO
bales last year. This stimulated our market a
the opening. which was points higher but IL
soon began to weaken and prices went down
points from yesterdays close. This was fol-
lowed by a recovery and the market closed
2 points higher than lowest point to-day.
Liverpool was expected to be several points
lower but, was only 2. The semi weekly
movement published by New Orleans for IL
leading points in the SOUTH shows receipts 25,-
OOO bales against 80 600 bales last year while
stocks are 3lS 900 bales against $50 900 bales
last year, and yet it is the daily cry OF those
who are predicting large crop and low
prices that the basis Of this statement is that
bales more than at this time last year AS
we have often said in oux market letter, it
would be the first time in the
history of cotton il it were true
that planters were holding back their cotton
under the existing circumstances, while the
visible supply is being rapidly reduced. II is
a bugaboo which is being used with some ef-
feet and yet 1t appears false on its face.
What the market needs is not bulish infor-