The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-08

New York. Sept 7.-Clapp s. Co.. in their
weekly review of cotton, say: Secretary
Hester reports total receipts a ports last sea-
son Of 5,94O092 bales, against 1893, 1872 previous
year. Overland movement at 93l 706 bales,
against 9l2, 146. Southern consumption taken
direct was 973 Ole bales, against 599.327, MAX
ing total crop 7,549. 317 bales, against 700 1856
bales for crop % 93, aud 9035, $40 for the pre-
vious crop, which is the largest crop yet ma
tured. Southern mills consumption, taken
direct and from outports, was 7l3, Sis bales, or
29333 bales less than previous year. Texas
crop 2 59,O60 bales, against 2l03.523 previous
year. The worlds consumption last season
is placed at ll,47i 900 tales, or about 81 per
cent. more than the previous five years aver
age. The new crop is moving freely, and ex-
Iected to equal 1900 600 bales. 1t is being
marketed lower than ever before, yet
planters will e., likely kelly secure as
average of previous seasons Cotton seed
late years produces a large revenue There
is less expense attached to the growing of
cotton and greater saving in marketing it.
IL is claimed southern spinners Will increase
their tGkings the coming year, and that
American spinners Will consume One-third
the maturing crop. The demand for goods
has increased greatly since congress ad.
lourned. Sentiment both in New Orleans and
here tavors lower price II crop reports con
tinue good. few large operators appear
to be stocking up or have large holdings pre-
dieting IL will be very unnatural if some dis
aster does not occur to the rank growth and
yet cause alarm and an advance in all mar
h6LS. MdDCDeSL6r reports QealJnY business
doing and prospects Of continuance. Spin
ners are selling yarns freely without covering
with cotton purchases. Cotton goods are
active and firm.
view to-day says: Cotton declined to
points, then rallied slightly and closed quiet
and steady at a net decline for the day of to
3 points. Sales $1,000 bales Liverpool de-
Clined to 2I3 points and closed quiet and
steady Spot sales 10000 bales at easier
prices, but without Quotable change. In
Manchester, according to the official dis
patch, yarns were quiet but steady; cloths
quiet. Another Manchester dispatch said
yarns and cloths were hrm, with an improved
demand. New Orleans declined 3 to 4
points, Silver advanced I'd in Lon
don and was unchanged here. Spot cotton
here was quiet and unchanged. sales 4J2 fo-
spinning Minimum temperate res In the cot
ton cit, for the twenty four hours ending at
94o The rainfall for the same time was 81
as the average in the savannah district Is
In Atlanta, ~ at Montgomery and 08 at AN
gusta. Southern markets were steady as a
rule at unchanged prices Charleston ad-
vanced l-lOc, but Memphis declined 1-l6c
and Augusta partially 1-16c. Savannah
sold 30 bales and Augusta AS bales.
Interior receipts, estimated 1900 bales
for the week. To-days features The de-
cline today was due mainly to a decline In
Liverpool; this caused local selling both for
long an short account The crop advices
were rather more favorable. and the weather
al the south was, as a rule, better for picking
1t is supposed that the trading will be light
until Monday, when the bureau report will be
issued"
New York, Sept. 7-Riordan g. Co. say OF
cotton TODAY: Cotton was lower to day,
not because there were any new bearish de-
but owing o sheer dullness and
lack Of interest among traders. The decline
In Liverpool was hardly equivalent 70 our
slump OF yesterday, but NOBODY seemed TO
want either to buy or TO sell and in such a
condition of things the tendency of the mar
ket is always TO sag In the final trading
4erman houses hammered prices somewhat
January opened at 6.Ssc and declined TO 683c.
The close was quiet and steady with csc bid
Tor January.
Financial.
Savannah, Sept Mooney is easy.
The bank clearngs for the past week have
been 81 4e3S7342, against 81 ,0OS, 762 IS for the
same period last year
Foreign Exchange-The market is firm.
The following are net Savannah quotations.
Sterling commercial demand a sfs{:
sixty days, - 1894 ninety days, "a S31i francs
Paris and Havre, sixty days, 85 20I4: Swiss,
sixtydays, S52l1a marke. sixty days, "a 1l.l6c
Domestic EXchange-The tone OF the mar
ket is firm. Banks are buying at par
and selling az Is premium
Securities-The market is very quiet, but
little doing
Stocks and Bouds-State bonds: Georgia
81 per cent. bonds s7I bid. 98ll asked new
Georgia AZ per cent. bonds 1915 lI3h bid
lll4 asked: Georgia Smiths, maturity 1896
lO4H bid. 1906 asked.
City Bonds-Atlanta per cent, los bid
lloA asked: Augusta per cen, IA bid,
ll6 asked Augusta 8 per cent. 1904 bid
~ asked, Columbus per cent, 100 bid,
10Y asked Macon 9 per cent, 40 bid, ll2
Oct coupons 1854 bid 1864 asked; new Savan-
nah per cent. quarterly, November cou-
pons i05h bid, 106 asked.
iiailroad Bonds-savannah, Florida and