The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-02-22

Manhattan les Western Union. sSBs
Memphis Char. 10 Wheeling & L. E. l2s
Michigan Central. G2 do do pre-. Ala
STATE BONDS.
Alabama As.-.... % Tenn, new set. 6s. I0eH
do B.......,...,.10O Tenn. set, IS. 100
do C.............+9T Tenn. new SET IS. 76&
La stamped as. ss Virginia 8 $ pref 50
NorthCarolina4s 90 Wa. Trust Reefs. IS
NorthCarolina IS 1914 Va. Fund'g Debt. 5S51
Tennessee, ODDS. 90
GOVERNMENT BONDS
United Estates As, registered. ...........1t3z
UnitedStates As, coupons -. ........... it34
United States 2s, registered. ..........,. 90
<Bid. asked
Treasury balauces-Coin, s94, 900. coo; cur
rency, S44,O160OO.
Cotton.
Liverpool, Feb. 81. -Cotton-Demand
moderate; prices in buyers favor Amer
lean middling. sd; sales 5000 bales; Amer
lean 1890 bales; speculation and export, 500
bales; receipts, 5000 bales; American. $500
bales, Futures opened barely steady; de-
mand poor.
Futures-American middling fair low mid
ding clause: February and March sod,
also 64d; March and April, 7-64d; April
and May, S-64d, also 7-64d; May and June,
4 1Ne4d, also 9-64d; June and July, 12-6id;
July and August, 1850, also 13-64d; Au-
gust and September. l56ld, also l4-64d:
September and October, 16-6id. Tenders
at to-day's clearings were 400 bales new
dockets and 100 bales old dockets.
p. motion, American middling fair,
f1BQs EOOu ~, = o~lDQs
low middling, l-l6d; good ordinary, l5-16d;
ordinary. SID
Futures-American middling fair, low mid
ding clause: February, sold, buyers: Feb
ruary and March, sod. buyers; March and
April. 5-64d4 SD; April and May, 7-646e
st4d; May and June, 964d. buyers; June
and July, ll-6ld sellers; July aud Au-
gust 1 12-6404 IS-eid; August and Sep
TENDER, 1850, sellers; september and
October l5-64d, sellers Futures closed
barely steady at the decline.
Manchester Eab d The Guardian in its
commercial article says: only very mod
crate business has been executed. Sellers
complain that much of the inquiry has been
merely for the purpose of obtaining quota
ttons. Most OF the offers made have been at
| figures utterly impossible to consider. The
difhculty experienced in securing exchange
| forward is the principal htndranee
| to business. There is gradual de-
! cline in the price Of yarns, as
| well as cheapening Of the cost Of cloth, but
| still the demand is insufficient, and the gen.
| eral outlook is not satisfactory enough to en-
| courage freedom in operations and especially
as the prospects Of resumption Of general
| business In India seem very remote, owing to
| the present price OF rupee paper which is not
| adequate at the current rate of exchange and
the depressed condition OF trade"
New York, Feb. 81, noon.-Cotton contracts
| opened steady at 2(G3 points decline, ad-
| vanced l point, fell again, and are now 495
| points below yesterday
! New York, Feb. q. noon.-Cotton futures
| opened steady, as follows: February, $50;
March. soc; April, 63c; May Z 70c June,
z nc; July, SIC.
! New York, Feb. 81, p. m.-Spot cotton
| closed dull: middling gulf SIC; middling
| uplands 7sc sales 1888 bales.
Futures closed steady, with sales OF
! 100000 bales, as follows: February, z 49c;
March, sic; April, $780, May, SIC; June.
! z re July, nc; August, SIC; September,
| TIC; October, S4c; November, $780, Decem-
| New York. Feb 2t.-The total consolidated
net receipts at all the ports to-day were 1884
| bales; exports 10 Great Britain 1890 bales to
| bales; stock 943566 bales.
Total SO far this week: Net receipts 81. 62e
| bales; exports to Great Britain 40 376 bales,
to France 1921 bales, to the continent 20,377
| bales.
New Orleans. Feb. Election futures closed
| steady, with sales of 108, 400 bales, as
! follows: February a9c, March csc, April
| 2lc. May z Bic, June 39c, July ACC, Au-
| gust SIC, September Acc, October SIC, No
| vember, 5Sc. December COO.
| New Orleans, Feb. 2l,-The following is the
| semt-weekly cotton movement at thirteen
| leading interior towns; Receipts 1928 bales,
| against 81, 425 bales last year; shipments,
| 81 500 bales. against q $50 bales last year;
stock, 294,Sl2 bales, against 352Ois bales last
New York, Feb 2l.-The Sun in It's cotton
review says: Cotton declined to points
| closing steady; sales 200 600. Liverpool de-
clined l-16d on the spot and to III points for
future delivery, closing barely steady; port
| sales 5000 In Manchester yarns were dull and
| irregular; cloths dull. New Orleans declined
| 56l7 points. Spot cotton here was dull and
easy at unchanged prices; sales 238 for spin
ming. Deliveries 100 There was decline OF
| l-16c at New Orleans, Savannah, Norfolk
| Galveston, Memphis, Augusta and St. Louis.
| New Orleans sold 5000 Memphis $500 and
Galveston 1907. The port receipts were 1904
! against 1915, this day last week and 1922
last year Thus far this week they are
| 81 500, against 80, 146 thus far last week. Au-
gusta's receipts were 1893 against lis last year.
| Memphis receipts were sos, against $40 last
| year; shipments today, 2735. st. Louis re-
| ceipts were 2l2, against l52 last year; ship
| ments to day, 522 Houston receipts were
| S52, against 141 last year; shipments to-day.
$50, Bennettsville. S. G., mail advices say that
the amount OF cotton in that section is larger
| than at this time last year. The Windham,
! Wllllmantlc, Conn, cotton mill has resumed
| work on full time. The rainfall for twenty
| four hours was Pr inches at Now Orleans
| 80 of an inch at Galveston, .86 at Mobile, and
light elsewhere. Since last Friday the stock
| at Houston has increased 1891, and at st.
| Louis 49G while at Augusta II has decreased
LOGO and at Memphis 1905. Silver was Nd.
| lower in London"
New York Feb. 2G.-Riordan & Co. say OF
| cotton to-day To-day justified the expecta
tions OF those who feared that the top-heavy
| condition OF the market could only be re-
| lieved by liquidation at the expense of
| values. The port receipts were not SUI
| hciently meager to check the down
ward tendency Of prices, and the open
| May selling a. the call at 7.70c. Early in the
! day short covering gave some appearances OF
| frmness to the market and May rallied to
| 7.72c. but the pressure to sell March contin-
| ued and caused the whole list gradually to
give way. There seemed little disposition on
| the part OF the bears to press their advan-
| tage, and the decline was slow and stubborn.
| Towards the close the eagerness to get out of
March contracts increased and the weakness
| became more pronounced. March sold down
| to 7.51c and May 7.G5; but the decline invited
| fresh buying and the close was steady, with
| 7.66 bid for May. The heavy liquidation that
has taken place has undoubtedly laid the
| Foundation for healthy improvement but
| the absence of home demand together with
| the apathy that prevails in Liverpool and
| Havre, render it very uncertain when the i'm
| provement will come. The Senate's delay in
| passing the tariff bill postpOnes the business
| revival There seems little hope of a material
advance in cotton until the tariff has been
| settled"
| COTTON TABLE.