The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-05-09

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demand moderate: prices steady; Ameri
can middltng, 3 15-16d; sales 10000 bales;
american, s400 bales speculation and ex-
port, 5OO bales; receipts l4.00O bales; Amer
mand fair
Futures-American middling fair. low mid
ing clause: May, d; May and June,
3 53-64d, also 52-64d; June and July. 53.64d
also 54-64d; July and August, 3 56-64d, also
56-64d; August and September 56-64d, also
59-64d; september and October. 3 56-64d also
oI'o4d; October and November, 8 57-64d,
also 58-4d; November and December,
. 59-64d, also 5o-64d; December and January,
os-oid, also IS Cad. Tenders at to-days
clearings none
4$d; good middling, led; middling, $3.50;
low middling, 313-16d; good ordinary,
Sll-l6d; ordinary, 3]6d
Futures American middling fair, low mid
ding clause: May, 5l-64093 52-64d: May and
June, 3 5l-6403 52-64d; June and July,
buyers; August and September, 54-64d,
buyers; September and October, 55-64d,
buyers; October and November, 8 56-64d,
myers; November and Deem eS, 57-e4a,
value; December and January, 3 IS sd
sellers. Futures closed quiet
New York, May s, noon.-Cotton futures
opened steady at an advance, as follows: May
. 03c; June, 8 &c; July, 02c; August, Csc;
September z l0c; October, l2c, November
New York, May 8, p m.-Spot cotton
closed easy; middling gulf 71sc; middling
uplands nc; sales 6s2 oales.
Futures closed steady. with sales OF
6l,sOO bales, as follows: May, 9006 Ole;
June, 6S406 95c; July, 1907 OOc; August
OkG7 O5c September, 07GI7 Csc; October,
| z O8Q7 O9c; November, 13c; December II
az lSc; January, 24@7 25c.
New York. May S.-Total consolidated
| net receipts at all the ports to-day were 4,368
bales; exports to Great Britain - bales to
Frame oiS bales. to continent So bales;
| stock 1874 962 bales.
Total so far this week. Net raceints 10 500
bales; exports to Great Britain IA $50 bales
to France 379 bales, to the continent II 1874
bales.
New Orleans, May S.-Cotton futures
closed steady. with sales OF 800 bales,
as follows: May sc, June &C, July Tic.
August 7lc, September Tic, OCTOBER re.
November nc, December 6 83c, January
= SIC.
New York. May s.-The Sun says of cotton
! day: Cotton advanced to points lost
this and declined . points recovered this and
advanced to points in near months clos
ing steady. Sales, 6ls00 bales. Liverpool
advanced "a points, but lost part of this and
closed quiet. Spot sales, 10000 bales at
steadler and unchanged prices Great
Britain's exports of yarns in April were 49,
100000 pounds, against 100000 pounds in
the same month last year Total thus far
this year, 70, $4,000 pounds, against 81 6S7 coo
| pounds for the same period last year.
| The British exports of cloths in April were
4l9000O00 yards, against 800, 092 900 yards for
the same month last year, and 800 1874 300
yards thus far this season, against /, 100 600-
900 yards during the same time last year. In
Manchester to day yarns were irregular.
cloths dull. New Orleans advanced 4 to
points, then reacted. Port receipts were
4,36S bales, against $3.50 bales this
day last week, and 6.724 bales
last year. thus far this week,
~ 1913 bales, against $50 bales for the same
time last week. Small exports today. Spot
cotton here was weak. Sales 1872 bales for
spinning; deliveries on contract 800 bales.
Southern markets were generally quiet
and without alteration. New Orleans re-
ceipts to morrow were estimated at 500 bales
to 200 bales, against 649 bales on the same
day last week, and 1873 bales last year"
New York, May S.-Riordan & Co. say OF
cotton to-day: The cotton market, after the
big decline, is hesitating one both here and
IN Liverpool. The foreign cables were en-
couraging today and August opened points
higher at 70Sc But there were more sellers
than buyers at the advance and prices soon
gave way, The buying power seemed tnsufi-
cient to absorb the offerings and the decline
was not checked until August had sold at
cusston Of the Hatch bill in the House Of
Representatives had been postponed
for time, gave more conf
part of the decline was regained. During the
afternoon the tone was quiet, August fiuc-
tuating between 702c and 7.04c. The close
was steady with 7.04c bid for August For
the present we think the market is going to
be scalping one. in which purchases upon
breaks and sales upon rallies, are likely to be
profitable We hardly look for any important
further decline until we know, or think we
know, more about the crop. Whenever the
shorts attempt to cover. there is sure to be
some advance, as the long cotton has been
pretty much all sold out and nobody cares to
hold short at present prices"