The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-02-07

] A.s.-s.. 80 new set. oS lU0
90 8 ...-........ 99l2 Tenn. new set. IS. 95k
10 C........:.... SO Tenn new set. S. 70
La La. stamped As. 81 Virginia g. pref. so
! NorthCarolna4s 95 Va Trust Reefs IS
| North Carolina IS lis Va. Fund'g Debt -
| tennessee, olds.. 60
GOVERNMENT BONDS
United States IS, registered. ..........I1sK
United safes IS s.
| *Bid. +Asked
! Treasury balances-Coin, Sol, $50 900; cur
rency, S4541l 600
| Cotton.
Liverpool, Feb. 6, noon.-Cotton-Quie
| iree supply onering; prices unchanged; Amer
lean mlddling, AID; sales 1000 bales; Amer
| lean 500 bales; speculation and export 500
! oales; receipts, $4,000 bales; American 4S 700
| supplied.
| ,Futures-American middling fair. low mid
dnng clause: February and March 4 9-64d.
| also 64d; March and April, ll-6Id. also
| l0oid April and May, 13-64d, also I264d;
May and June, l564d, also 4 1i-64d; June
and July, l66id also 15-64d; July and Au-
| gust, lS,64d. also 1850; August and Sep
| tember l9-64d, also ls6id. Tenders at
| to-days clearings were -- bales new dock
4 p. m-Cotton. American middling fair
| 4 LIED; good middling, 49sd; middling, AID:
| nary, 1850.
REPRESENTATION middling fair. low mid
| ding clause: February, 4 8 gid sellers Feb
| ruary and March, 4 9-64d sellers: March and
| April, 10000 l-64d; April and May 4 12-64d
| buyers; May and June l4-64d sellers; June
| and July, l5-6+84 16-64d; July and August
| 1 l1-64d, value; August and September
| 4 lS-64G4 l964d; September and October
4 l86id' buyers. Futures closed quiet and
New York, Feb. G. noon.-Cotton contracts
| opened quiet at 4 points decline, advanced
499 points, and are now point down to l
| point up from yesterday.
| New York, Feb. 6, noon.-Cotton futures
| opened STEADY, as follows: February, &c:
March; re; April, 78c; May s5c; June,
| &c; July, CSC.
New York, Feb. 8, p. m.-Spot cotton
closed steady; middling gulf 1866 middling
uPPla aT l5,lec; sales l62 bales.
! March, Z 7Jc; April, 79c May, S6c June.
7 we; July, 2 98c; August, O3c; September,
| 7g9c; o 'toher 97c; Novem ser. 7 CSC.
New York. Feb. 6.-The total consolidated
netrecepts at all the ports to-day were 2O,215
bales; exports oGreat Britain l0,5O7 bales, to
tIgn.e lSSs1 6ales to the continent 5,325
| bales stock !, 064 .502 bales.
Total so far this week: Net receipts IS, $40
| bales; exports to Great Britain 43 1888 bales
to France l6,47 bales, to the continent 20, 2e5
| bales.
New York, Feb. 6-The Sun. in it's review
| OF todays cotton market. says: Cotton de-
| elined points recovered this and advanced
| to points, lost this and declined 2 to
points, closing steady, with sales of IS, 600
bales. Liverpool declined IL to points and
recovered point of this, closing quiet and
| OooAOAS WIN SpOb SalCs VI tsOUO BdlcS aL easier
| but unchanged prices In Manchester there
was not much doing in yarns and cloths were
dull, but steady New Orleans and Mobile
| exchanges were closed. Spot cotton here quiet
and steady, with sales of 81 bales for
! spinning. The southern markets are quiet
and generally unaltered. Norfolk is
| 1-16c lower. Memphis sold 800 bales
| and St. Louis 900 bales. Port receipts 2O2I5
| bales. against p, 756 bales this day last week
| and 1912 taleS last year; thus far this week
| 58,S46 bales. against &C. 1879 bales thus far last
| Orleans IN. mr. aSNF
| mated at 700 bales, some of the railroads not
| reporting, owing to Mardi Gras festival)
against l4,5l7 bales on the same day last
| week, and 5,47Z bales last year Memphis re-
ceipts 697 bales, against POO bales last year;
| shipments to-day ? 1875 bales. St. Louis re-
ceipts 500 bales, against POI bales last year;
| shipments to-day 1923 bales. Houston re-
| ceipts 1853 bales, against 1873 bales last
! year; shipments to-day .71S bales. Silver de-
| clined 5-I6d in London and &c lower in New
| York"
New York Feb. 6.-Riordan & Co say OF
| cotton to-day: The market wore tired and
| undecided aspect to-day, and the fluctuations
were al narrow range. A slight decline in
| Liverpool caused our opening to be few
points lower, March selling on the call at Z. ~
After the call the market was weak and
| prices easier for a time; but kilograms fore
| shadOwing light receipts at New Orleans and
| Houston quickly changed the temper of the
| trading, and March, which had been freely Of
fered at ~, advanced to 776, But buyers
| seemed rather ttmid, and realizing sales in
| the last hour caused reaction of few
| points. The close was steady with 773 bid
| for March. 1t is waiting market, and nei-
! Their bulls nor bears seem anxious to make
| fresh ventures until receipts, and especially
| interior receipts. shall have grown more
| light upon the PROBABLE outturn of the crop -
| New York. FEB. 6-AtWood Violet Il Co.
say Of cotton today The market. in sym
| pathy with Liverpool declined to points
at the opening: there was good buying how
ever, and recovery of points followed. all
| of which was lost. We repeat our impress
! sions Of yesterday, namely; That there is
| less disposition to sell the market, because OF
! the red c9d movement at the interior as
| with falling of at the sources of supply
| 1t means, sooner or later, diminished receipts
! and an amount coming into sight weekly
| that will not confirm any thing but moderate
| crop figures. A few days ago we
| expressed our opinion that the
south is neither willing nor able
! to undertake a new crop OF any magnitude
! the coming season, while prices remain at
anything like what they are at present be-
cause, in the first place, to the lender of
money or the seller of merchandise. there Is
little or no lnducement to give credit based
upon the ability to pay by the grower of cot
ton at such prices as have been realized dur
ing the past sixty or ninety days. and, conse-
quently no increase and perhaps decreased
acreage Will come about through these infiu-
ences. The Impressions we put before
our readers again because they are CON
trmed by letter we are today in receipt
Of from one of the most prominent firms at
i Liverpool. They say: We look upon the
present price as one that is bound to stimu-
vance before the planting season, it will lead
to a reduced acreage being put under cotton.
The invisible supply Of cotton and cotton
goods is certainly very much smaller than for
a long time past, and il is not realized what
the actual consumptive power of the world
really is. At the beginning OF this
season the visible supply in spin
ner's hands was much lighter than it
was at the corresponding period
three years ago. The stocks OF goods in the
east. in Manchester and certainly also in
America we're far less. Now, during this time
America has given the world "a, 100. 600
tales Of cotton of which 1880 900 have
been taken for consumption, besides 500 O)O
which were saved by the strike in Lancashire
last year. Even if stocks in spinners' hands
were equal to what they were this would mean
power 10 consume 100000 Gales. These are
facts viii h IL is impossible 10 get over. The
market will be ruled by receipts for the near
future"
COTTON TABLE.
Tone. Mid Rec. Sales Stock
g GaFgss sdy = o cs sss i e s;3
Baltimore .Noml * $50 ... 20 247
Boston ..... Quiet 1915 0ss m 49,.