The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-13


L vile & Nash, u W'hash ). L. s. P. s%
louisville & n. A. do do pref. 1875
Manhattan. ..... 1864 Western Union. s45s
MdssImphis : Char. Wheeling & L. E. l2!s
Michigan Central. 9S5s do do pre-. 1855
STATE BONDS
Alabama A.. 9914Tenn. new set IS. 1903
40 40 p p '-..-..'....'lol Tenn. new set s. lol
NorthCarolinai 985s Va Trust Rec'ts. IS
SorthCarolina IS 100 Va Fund'g Debt. 591z
tennessee, olds.. 60
GOVERNMENT BONDS
United States As, reg stored. ..........Ii4
InltedStateS IS, coupons. .............. l14A
United States 2s, regis. cred. ............ %
ibid. &Asked
New York. April l2.-Treasury balances
to-day were as follows: Coin, sl05, 5000 cur
rency, S50l03,00O.
Liverpool, April p Cotton-Quiet;
demand tair; prices unchanged; American
mlddling, 43-l6d; sales, -. 900 bales; Amer
lean. $500 bales; speculation and export,
loo bales; receipts, 1000 bales; American
- bales, Futures opened quiet; demand
Futures-American middling fair, low mid
ing clause April, 2-64d, also 1-64d: April
and May, 4 3-64d, also 64d; May and June
! 0id, also 2-64d; June and July, 45-64d
also 464d; July and August, 4 6-64d, also
5-64d; August and Septembe 7-64d also
6-64d; September ana October, s-64d, also
4
St4d; November and December, 10 Gid
renders at to-day's clearings were - bales
new dockets.
p. m.-Cotton. American middling fair
49sd; good middling, 5-l6d; middling, 3-16d:
low mlddling, lid; good ordinary, 15l6d;
ordinary, 3Ad.
Futures-American middling fair, low mid
ding clause: April, 4-64d sellers; April
and MAY, 4-64d, sellers; May and June,
4 sid. SELLERS June and July, 5-64d, buyers;
July ald August, 6 6i@4 7-64d; August
and September, 4 7-6l0i 8 Sid Septem Der
and October, 4 64d, buyers; October and
November, q64d, buyers; November and
Decemrer, l0-64d, buyers. Futures closed
steady.
New York, April -, noon.-Cotton futures
opened steady, as follows April, 45c: May,
Z 4sc; June, SIC; July, 63c; August z CSC;
Seltem er, 7 tic.
New York, April IL, 4 p. m.-Spot cotton
closed dull: middling gulf nc; middling
uplands sc, sales "A uales.
Futures closed steady, with sales of
10y, 4OU bales. as follows: April, &c; May,
Z 45c; June. o2c; July, 5oc; August. $50
Septeml er, Ole; October, 64c; November,
Z &c; December, 74c: January, 7 SOC.
New York April l2.-Total consolidated
bales; exports TO Great Britain 10, III bales, to
Frame - pales, to continent 1856 bales
stock 692 l. bales.
Total so far this week: Net receipts 40. O97
| bales exports to Great Britain 81, AZ bales,
to France w bales to the continent 6, 3ls
bales.
New Orleans. April 12-Cotton futures
closed steady with sales of 81 400 bales as
follows: April csc. May Z lie June Z ice,
July &c, August Z 33c September PIC,
October Doc, November 54c, Decem Der
| z 40c.
New York, April 12-The Suns cotton re-
| port says: Cotton advanced to 8 points,
| but closed 10 , points lower than yesterday,
| and steady: sales 10000 bales. Liverpool de-
chned partially 1 point, but recovered this
afternoon, and closed steady; spot sales
| 12,UOO bales prices in buyers favor but
without quotable change. In Manchester
| yarns and cloths were quiet and unchanged.
| Bonn ay receipts for the week were 5S 000
| bales, against 1000 bales this week last
| year. New Orleans advanced to 5
! points, but lost this and declined
point. Spot cotton here was dull and weak
at unchanged prices. Sales "a bales
for spinning. The southern spot
markets were generally quiet and
unchanged. Receipts at the ports:
| 500 bales, against 5.ll3 bales this day last
week. and 6.62l bales last year. Thus far
this week 46097 bales, against 36,O65 bales
same time last year. Exports to-day 3 6l2
bales to Great Britain and /, l75 bales to the
! continent. One firm said: In 1890 the crop
! was 8655.5l8 q es; in 1891, 9,0SS 707 bales;
| total l7,694OOO tales. At the end of those
| years, the visible supply had increased 1888
| likely amount to about 100000 bales. The
| visible supply is now only 265 900 bales less
| than two years ago. The difference of about
| 100000 bales most likely largely represents
| the decrease In the invisible supply in spin
ners' and growers hands. Advices from eight
cotton states out of eleven indicate unseason-
aule weather is delaying planting. Exports
| to date are fully 05OO0U bales in excess of
and foreign spinners are reported
as having small spplies, and
likely to start up where they have
been idle. and that all will certainly begin to
stock up in the near future. some are evi
IDENTIFY waiting for more favorable crop ad
vices. Generally, it seems to be conceded,
spinners have but small supplies of manu-
featured goods and an order list that is in
creasing. The years activity in Liverpool
was a surprise to the bearS-in fact,
to everybody. and so was the fact that
Liverpool made no response to the decline
here OF Wednesday. There was no pressure
to sell, and accordingly IN the early ira ling
prices advanced. On the rise too many wanted
to sell and prices ended slightly lower than
terror towns are disagreeably few, The trad
ing was little more active, but the market
lacked genuine spirit"
New York, April 12.-Riordan Co., say of
cotton to-day: The fact that LIVERPOOL had
halted in her decline, gave the bulls little
more courage this morning and our opening
was at an Improvement of points, the first
sale of May being at 7.50c. In the early trading,
May rallied TO 757c. but the receipts lndica-
ted a heavy movement this week and next
and the anxiety of holders TO get out Of their
May contracts was again manifested by
heavy and continuous offerings. Prices soon
weakened under the pressure and May de
Clined to 74ic. Short covering in the last
fifteen minutes checked the decline and
the close was steady with 7.45c It'd for May.
Many think that the liquidation of May will
result in lower prices than any we have had
this season. there are certainly very large
speculative holdings in May, which must 6e
sold out or transferred to later months on or
before the 25oh inst, How these holdings are
going to he liquidated without causing a fur
Their and. perhaps, serious decline. is the
present pro lem which confronts the bulls.
Many Of them now say they expect to see
bottom touched during the next fortnight"
COTTON TABLE
Tom MID. Rec Sales Stock.