The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-01-04

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do B............. 30 Tenn. new set, IS 100
do C............. "a Tenn. new set. IS. TN
La. stamped As. 100 Virginia g. S pref. so
NorthCarolina Is 90 Va. Trust Reefs. IS
North Carolina 6s ilS Va. Fund'g Debt 555s
Tennessee, olds.. 60
GOVERNMENT BONDS.
United States IS, registered. ...........1l2
United States As, coupons ................ll2
United States 2s, registered. ........... IS
*Asked. ibid.
Liverpool Jan. 8, noon.-Cotton, moder-
ate demand at firm prices; American mid
ding, AID; sales - 900 bales; American, l0,500
bales; speculation and export 1000 bales;
receipts 30 800 bales; all American. Futures
opened steady demand moderate.
characterization middling fair, low mid
ding clause: January, l2-64d: January and
February, l4-6id, also l364d; February
also l6-64d; April and May 19-64d; May and
June, plead, also 2064d, also 2l-64d; June
and July, 23-64d, also 4 22-64d; July and Au-
gust, 24-64d. Tenders, 300 bales new dockets
and S0) bales old dockets.
p. m.-Cotton, American middling fair,
AID: good middling, 7-16d; middling, 5 16d:
low middling, S-l6d; good ordinary, l-16d;
ordinary, SGD.
Futures-American middling fair. low mid
ding clause: January, l264ds4 13-64d Jan
uary and February, l2-64t04 10 64d; February
and March l4-64d, buyers; March and April,
l6-64d sellers; April and May, 1910
1891 May and June, l9-64Q4 20-64d June
and July, 2l- 64d, buyers; July and August,
23-64d sellers; August and September, pa
Cad, sellers; September and October, 25-64d.
value. Futures closed quiet, but steady
New York, Jan. 3. noon-Cotton contracts
opened steady at unchanged to points down,
rallied 4G5 points, became unsettled, and are
now l12 points over yesterday.
Manchester, Jan. 3.-The Guardian in its
commercial article says: The market yester-
day did not assume market day as ex-
pected The delay in the receipt OF the data
American
ment rendered many buyers cautious. Others
expressed the opinion that collapse in cot
ton was imminent. Advices received in Man
chester show that dealers in Bombay and Cal
eutta are watching the statistics with the
closest attention, expecting that there
will be decline in prices. They
are somewhat anxious about forward pur-
chases at a higher level. Spot values are
cas- er in Calcutta owing to the absence of an
up country demand. Many manufacturers of
India goods commence the year with well
filled order books, and are able to resist
lower offers. There are, however. occasional
exceptions to this rule. The makers of China
goods are short of orders of some kinds,
chiefly for the better class Of shlrtings. In
other cloths it is often the case. that the time
given for shipment, binders business. There
is rather more inquiry for finishing cloths.
There were some transactions yesterday at
lower prices. Offers for lower and medium
shirtings sometimes resulted in trade. There
was slight increase in the number of offers
for India shirtlngs at lower prices. Many of
lIUDrdGLlCdDle. I
slow and showed weaker tendency"
New York Jan. 3.-Cotton futures opened
steady as follows: January, 74c: February,
s0c; March, $50; April, 97c; May, O4c;
June, s lie.
New York, Jan. 3, p. m.-Spot cotton
closed f1rm middling gulf sI4 middling
uplands Sc; sales 8, 233 bales.
Futures closed steady, with sales Of 175500
bales, as follows: January, 7oc; February
SIC; March, 93c; April, 02c; May, l0c;
June. l8c July, 25c; August. 30c.
New York. Jan. 3.-The total consolidated
net receipts at all the ports to-day were 81, 1913
bales; exports to Great Britain IL 500 bales, to
the continent 5799 bales; to France -
bales; stock l, 259 .209 bales.
Total so far this week: Net receipts 1888 AS
bales; exports to Great Britain 1850 bales,
to France 1892 bales, to the continent 1919
bales.
New Orleans, Jan. S-Cotton futures closed
steady, with sales OF SO 900 bales, as follows
January Bic, February Acc, March Soc,
April 66c, May zoe, June s3c, July 92c,
August 99c.
New York, Jan. 3.-The Suns cotton article
says: AN advance in Liverpool and smaller
receipts at the counted and uncounted inte-
riOr towns, reports of small stocks at some of
the interior towns, and the coverings of shorts,
as we'll as some new buying, caused an ad-
vance of 5(17 points to-day, although at the
opening there was some depression, ow
ing to the fact that the first news
from Liverpool was disappointing 1t
was believed that the receipts at interior
town this week viii be considerably smaller
than those of last week. Sales of 175, COO bales.
Liverpool advanced IL to points for future
delivery, with spot sales of l2COl bales, and
the closing tone was quiet and steady In
Manchester. yarns were quiet and firm, and
in cloths more business could have been done
at lower prices. New Orleans declined to 2
points, but receipts recovered this
and advanced to points. There was an
advance on the spot here of Lice, with sales of
1873 bales for spinning and deliveries on CON
tracts of 3 100 bales. There was an advance of
III q az Of IA fharr m rlynfs
The receipts at the ports were 80 1923 bales
against SO 54S this day last week and 1922 last
year Total thus far thisweek 1873, AS bales
against 1876, $40 thus far last week. Exports
to-day from the ports IL 500 bales to Great
Britain and 500 to the continent New Or
leans receipts tomorrow are estimated at
II 900 bales, against IL S92 on the same day
last week and 81, 700 last year"
New York, jan 3.-Riordan s. Co. say of
cotton; The receipts to-day were neither
very heavy nor very light. So in spite of
higher Liverpool the market opened only
point higher than yesterday S closing, March
selling on the call at 1880. There was some
selling to realize profits, under which the
market lost points, March declining to 784c.
But whispers that the interior receipts this
week promise to be very light soon caused
sharp recovery. The demand was brisk for
the remainder Of the day. March advanced
to T. 5c and closed at 93c bid, with the tone
steady. Everybody attention is now keenly
fixed on the receipts. II they grow lighter
prices will surely be higher, but another big
rush OF supplies even IOr a rev DAYS, WOUiQ
undoubtedly in the present condition of trade
cause quick loss OF all the advance Of the
last few days"
New York, Jan. 3.-Atwood Violet g. Co.
say of cotton to-day: About two weeks ago
we estimated the amount to come into sight
by the end of December at 100000 bales and
the exact figures, according to the New Or
leans exchange, are $4,000 bales, 1t is
what is to come into sight from Jan. to Sep.
1 that is now worrying the high crop esti-
majors The planter has insisted this year
upon making perhaps 100000 bales less than
their minimum estimator of Dec. 20, and while
it is great pity that the south can't accom-
modate the estimate they will have to stand
1t. What we are after is to expose the sham
and the absurdity of a few men asserting a
big crop and influencing the worlds cotton
spinners into the belief in the early part of
October that the crops couldn't be less than
1850, 600 bales and insisting upon IL up to the
latter part of December. We reach great
many readers through our New Orleans and
New Y ork market reports daily and our desire
is simply to bring to their attention what has
been done TO try and make them part
with their cotton in the expectation OF crop
that will never be realized. The indications
thus far this week all point to a decided con-
firmation OF what has been said by the cotton
grower himself. 1t has been bitter pill for
the Joint &C count interest, but they will have
to swallow IL all the same. A considerable
short interest in this market has taken its
cue largely from the betting and estimating
people above referred to. II 1t will only OBJ
iiterate the latter hereafter by marking any
thing they may say about the crop entirely
this year Our New Orleans firm report stocks
NJ flirty fot11 of the nriucina1 oyyng citfeS