The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-11

Michigan Central ssh do do pre-. S0A
STATE BONDS
Alabama A ...... 90 Tenn, new set. IS. i02
DO B.--. l0i Tenn. new set IS I0l
DO C-.-........-. % Tenn. new set. IS. Il :
La. stamped Is 100 Virginia SIS pref. 50
NorthCarolinals 90 Va. Trust Reefs 81
NorthCarolina IS 100 Va Fund'g Debt. $50
Tennessee, ODDS. 60
GOVERNMENT BONDS
UnitedStates As, reg stored. ..........I14
UnitedStates As, coupons ............ ia
United States IS, regis cred. ............ %
ibid. sAsked
New York. April 1O-Treasury balances
to day were as follows: Coin, Sl05, $4,000; cur
rency, s50.162 900.
London, April tO.-The bar silver market
today has been steady, and was quoted az
2SSld per ounce.
Cotton.
Liverpool, April 10, noon.-Cotton-Quie
and in moderate demand: prices unchanRed
American middling B. 6d; sales 8 600 bales;
American, 800 bales; speculation and export,
50O bales; receipts 1890 bales; American.
5000 bales. Futures opened quiet; demand
poor.
Futures-American mtddling fair. low mid
ling clause April, 6-8ad. also 4 5-64d; April
and May, 4 7-64d, also 1 esd May and june
4 s-6id, also 6-6id; June and July, SGid,
also 41b4d, July and August, 10-64d, also
9-64d; August and September, l1-e4d. also
l0-64d; September and October, II Gid, also
4 ll-d4d' OCTOBER and November. l3-64d, also
l2t4d; November and December, IA Gid.
Tenders at to day s clearings were - bales
new dockets
4 p m.-Cotton, American middliug fair.
49Sd; good middling, 4 5-16d; middling, 3-16d:
low middling, l-l6d; good ordinary, 15-l6d:
ordinary 3Ad.
F'utures-American middling fair. low mid.
ding clause: April, 6O4@94 7-6id; April
and May, 4 66494 56id; May and June.
4 7.64d. sellers; June and July, s-64d, buyers;
July and August, 9-6i154 10-eid; August
and September, l064@t ll-64d September
and OctoCer, 4 1i-6lQ4 10 Gid; October and
November, 4 12.64Q4 10 G4d; November aud
December, 10 64d4 14-64d. Futures closed
quiet but steady.
New York, April 10, noon.--Cotton futures
opened steady, as follows: April. : o5c: May.
{ 63c; June, 76Sc; July, zoe August, Soc
New York, April 10, p. m.-spot cotton
closed QUIET middling gulf l5l6c; middling
uplands l6c sales 4y6 bales.
Futures closed steady, with sales of
1872 bales. as follows: April, 1916 May,
SIC; June. oic; July, &C; August, &c:
September, : zoe; october nc; November,
zoe; De 'ember, SIC: January, Z sSc.
New York, April Total consolidated
bales; exports TO Great Britain $500 bales. to
Frame - BALES, to continent 465 bales;
stock 1922 bales.
Total so far this week: Net receipts 31.245
bales; exports to Great Britain 20, O9l bales,
to France 40 bales, to the continent 752
bales.
New Orleans. April lO.-Cotton futures
closed steady, with sales of loo bales as
follows: April &c, May lsc June Z nc,
July 55c, August z 4Uc, September Sac,
OetoDer BIC, November ale, December
: 4sC
New York April 10. The Suns cotton report
says: Cotton declined 10 to II points closing
Larely steady; sales of 80 bales. Liver
pool declined to III points; spot sales 800
bales, at unchanged prices. Manchester very
quiet. spot ton here was l-l6c lower, with
sales OF 496 for spinning. There was a decline
OF l-l6c at New orleans, Galveston and
Augusta. New Orleans closed easy. Receipts
at New Orleans estimated n
bales, against 1850 bales on the same day
last week. and 1855 bales last year. The re-
ceipis at the ports to-day were l12l9 bales
against $500 bales this day last week, and
1906 bales last year Thus far this week.
3l.245 bales, against IS lO2 bales. Ex-
ports TO day 6,6i6. The trouble with the
market to-day was disappointing Liverpool
adviCes, Unexpectedly large receipts at the
ports. dullness Of the spot trade, long selling
ana bear hammering; That sums the thing up
IN a nut shell. The outside public is not spec
ulating in cotton, There is TOO little trade
too much cotton and too great fear of the
Hatch bill to make the cotton an inviting
field for speculation,
New York April iO-Riordan s. Co. say
of cotton to-day: The market to-day
during the forenoon was the scene OF
a spirited contest tetween the bulls
and the bears. For time the result seemed
in doubt; but early in the afternoon the lack
OF outside buying power became apparent
and the bulls. hopeless Of the support on
which they had counted, seemed to lose cour-
age ana prices gave way. Liverpool had
given us scant encouragement and our open
ing was at q decline of few points May selling
at 1859 This was the highest Of the day
For two hours the price OF May was main
tanned above 1900, but prices grew weaker
and weaker as the day wore. The close was
barely steady with 1.s4c bid for May. Even
the bears are anything but confident OF the
wisdom of selling short al present prices. and
the market is so sensitive that any favorable
circumstance would cause a quick recovery
But the absence Of speculation removes the
strongest to the market and for this tine
holders of cotton have to thank Mr. Hatch
and his followers in congress"