The morning news., 1894-02-03

United States 2s, registered. d............. sS
| IBID. asked
Treasury balsnces-ooin, s74,OssOOO; cur.
Cotton.
Liverpool. Feb. 2, noon.-Cotton-Fair
demand at unchanged prices; American
middling, AID; sales 5000 bales; American.
440s bales; speculation and export 900
bales; receipts, 27,t00 bales; all American.
piled.
Futures-Amerioan middling fair. low mid.
ding clause: February and March i2-64d.
also ll-64d; March and April, 4 ti-64d also
| lS6id; April and May, 4 15-64d, also t4-64d /:
May and June, l7-64d, also 16o4d; June
and July, 1964d, also ls-64d; July and Au-
gust, 2064d also i9-64d August and Sep
tember, 226ld, also 2i-64d. Tenders at
| todays ciearings we're 2,400 bales new dock
cts and 100 bales old dockets.
| p. m.-Cotton. American middling fair
! ll-l6d; good middling, 4asd; middling And:
low middling, 4sd; good ordinary, 4d; ordi-
nary, l3-l6d.
Futures-Amerioan middling fair. low mid
| ding clause: February, 10 6l6D4 II -64d: Feb
| ruary and March, 1 l064I14 l1-6ld: March and
April. l26id, buyers; April and May, 4 1890
A-64d; May and June, i5-64114 l6-64d; June
and July, l7-64d, buyers; July and August
l9-6id. sellers; August and September, 20
Old. buyers; September and October, 4 1Q-641
| cline.
New York, Feb. 2. noon.-Cotton contracts
opened steady at 566 points decline. rallied
| lg2 points, fell again, and are now steady at
| 516 points below yesterday
| New York, Feb. 2, noon.-Cotton futures
j opened steady, as follows: February, 69c;
March, 7sc; April soc; May - 9So; June,
New York. Feb, 2, D. m-Spot cotton
closed steady; middling gulf slice; middling
| uplands l5-l6c; sales none.
| Futures closed steady, with sales OF
| 800 bales, as follows: February, Z Tic;
March, 75c; April, Sic; May, $50; June,
| 9 voc; July, SOgc; August, OSoi September,
| z g7c; October, CSC.
New York, Feb 2-The total consolidated
netreceipts at all the ports to-day were 49, 3SI
bales; exports TO Great Britain 6,O4l bales, to
| France los bales, to the continent g. 39I
| bales: stock l,075. 30 bales.
Total so far this week: Net receipts III 1874
| bales; exports to Great Britain ~, 1872 bales
| to France ,237 bales, to the continent 50565
| bales.
New Orleans, Feb. 2.-Cotton futures closed
| steady, with sales Of 35400 bales, as
| follows: February soc, March 45c, April
z 53c' May Gle, June 7 69c,, July 76c, Au-
New York, Feb. 2.-The Suns cotton re-
| port tomorrow wall say: Cotton declined to
IL points, ralned slightly and then reacted
and then closed to 10 points lower and
| steady. Sales 1870 Liverpool declined
| to Ia points, closing barely steady. Spot
sales 5000 at unchanged prices. closing dull.
| In Manchester the exchange dispatch report
| ed yarns hard to sell and cloths dull. New
| Orleans declines to points. Spot cotton
here l-l6e off. Sales l39 for spinners South
| ern markets generally quiet and unaltered.
| New Orleans, Wilmington and Baltimore,
| l.l6c lower. Mobile easy and Memphis
| easier, but both unchanged. New Orleans
| sold $500 and Memphis 2,4O0 New Orleans
| receipts tomorrow are estimated at 5000 to
! $500 bales. against l0,175 the same day last
| week and g. lS5 last year. Port receipts IL, ,736
| against %, 707 this day last week and 1l,277
last year; for the week lie, boa, against 1856 s5i
| last week and SS,lil last year Interior re-
ceipts this week 2O122, against 2s $50 last
week and 25, ,532 last year. shipments AZ 099,
| against "a 100 last week and 2,396 last year.
| Stock 349, ,s04, against 359 ,2S4 last week and
| 3SS OPS last year.
New York, Feb 2.-Riordan & Co. say of
| cotton to-day: "To-days decline of about
points was caused by persistent selling out
| by disguised bulls. The movement for the
| week, both at the ports and interior towns,
was less than expected, but as the advance
which had been hoped for did not take place,
either here or Liverpool the disappointment
| OF the holders Of long cotton took the shape
of peremptory selling orders. there was
| heavy liquidation for account OF both local
and southern operators The opening was a
| decline OF points, March selling on the
| call at 7S0c. But the offerings continued
| free and the market gradually sagged under
the pressure, March selling down to 7.73c. In
| the final trading there was heavy buying to
| cover shorts by prominent German house.
| and the close was steady, with 775c bid for
! March. The market had been over bought
| and was topheayy, but to-dav's liquidation
may have materially relieved II Of its burden.
II the diminution OF receipts continues we
| look for rally"
New York, Feb. 2-Atwood Violet g. Co
| say OF cotton to-day: THE efforts to lower
values have been successful again to-day.
| What the merits of cotton are must be judged
| by the trade generally, II any. In our opin-
/ ion'there are great many at the same time,
! judging by the course of the market, there
| are apparently more demerits than other
| wise. The shorts have been pretty success
! full and large by chance, In assisting which
| the south has contributed very largely by
| rushing its product to market; prices have
| been driven TO lower level than such crop
| as is now generally accepted should have
reached, and they are desirous of pushing
their good fortune still further by forcing the
| market still lower The question is, is this
crop over 750O0OO bales, or is it under $50 900
ba1esy 1t is remarkable with what unanimity
| all information that has emanated from the
south this year has indicated a crop decidedly
under the latter figure, and we strongly re-
| commend reading Alfred B. Shepperson
last edition OF Cotton Facts" just issued,
I in which on page 6, he gives most excellent
reasons why this crop should not exceed
| 1850, 900 bales 1t is altogether the most in
| teresting document OF that character that he
has yet put before the public. II this crop is
| "a small one it is a serious matter for the peo-
pie, who have still any OF it unmarketed,
whether they are to be deprived of the better
| prices. We think the cotton consumers would
| take more literally of cotton and thus
! creating better spot demand. bring more
| activity into the future market and bring
| prices higher. We close her 10 points higher
] than yesterday. The port movement this
week 155, $50 bales, against 10000 bales last
| year Interior movement 20, 122 bales, against
| Is .523 bales last year. The amount that has
come in sight this week according TO the
/ New Orleans Cotton Exchange. is $4,000
| bales, against 1928 600 bales last year. Re-
| ceipts must now fall under the movement OF
the week ending to-day otherwise, with free
! receipts. we shall have continued cabling
from this side to Liverpool OF the large esti-
mates. with perhaps corresponding selling by
! timid ogs, and yet in 18S9-9O, there came into
| sight after the end Of January only i,C15000
bales into sightsthis year; after Jan. 81, the
/ crop will be fraction over 100000. We
| have for several days past kept before our
| correspondents the inadvisbility OF buying,
seeing as we did the existence OF a growing
| feeling against cotton. The amount in sight
| for the two days OF February Is %, ,42l bales,
| against 80, ,245 bales last year, OF 1000 bales
| less than in $780,"
| COTTON TABLE
Tone Mid. Rec. Sales. Stock.
! Galveston. Quiet IN 3,467 t69 1856 685
I Norfolk e., Quiet ~ 2204 146 676s7
Baltimore Quiet * 1875 80. 22793
| Ouiat