The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-02-13

UnitedStates As, coupons ........., Ii3
United States 2s, registered. %
Cotton.
Liverpool, Feb. -, noon.-Cotton In mode
rate demand; prices unchanged: American
mlddling. AID; sales 10000 bales; American
300 bales; speculation and export, 1000
bales; receipts, 1900 bales American 100
bales. Futures opened easy; demand mod
crate.
Futures-American middling fair, low mid
ding clause: February and March l2-64d,
also ll-64d; March and April, i3-64d; April
and May, l4-64d, also 15-6ld: May and June
l664d; June and July, 1850; July and Au-
gust 2Q64d also 19-64d; August and Sep
TENDER, 2I-64d.
Tenders at to-day's clearings were 300 bales
new dockets.
p. m.-American middling fair, low mid
oIlng clause; February, lO-64d: February and
March, lO04d, sellers; March and April
ll-6iW4 l2-64d; April and May, 1850, BUY
ers; May and June, l5-64d, sellers; June and
July, l6-6494 l7-6Id July and August
lS-64d, sellers; August and September
l9-6l04 2O-54d September and October
4 l9-64d, value. Futures closed barely steady
New York, Feb. u, noon.-Cotton contracts
opened quiet at point advance, out fell 4GD5
points through disappointing Liverpool, and
are now points below Saturday.
New York, Feb. u, noon.-Cotton futures
March, 7sc; April soc; May 94o; June e,
CSC; July. O2c
New York Feb. u, 4 p. m.-spot cotton
closed easy: middlinR gulf Sic: middling
uplands &c; sales 624 bales.
Futures closed steady, with sales of
1l3,oOO bales, as follows: February, &c;
March, CSC; April. 7T4c; May, Sic; June,
1870; July, sic; August s g6c; September,
YOc; October, Z 94c; November 7 CSC
New York. Feb 12.-The total consolidated
netreceipts at all the ports to-day were Il, 1858
bales; exports TO Great Britain 1884 bales, to
Frame 75S bales, to the continent g. 800
bales; stock 1908 563 bales.
Total so far this week: Net receipts %, O68
bales; exports to Great Britain Al 042 bales
to France 73y bales the continent O
bales.
New Orleans, Fe1. 12.-Cotton futures closed
follows: February zoe, March 2gc, April
sc. May lSc. June SIC July &C, Au-
gust CSC, September CSC. October CSC, No
Vember, CSC, December 73c.
New York Feb. l2-The Sun in its review
Of today cotton market says: Cotton ad-
vanced points, but lost this and declined
to 10 points, closing steady. Sales 148500
bales. Liverpool advanced Ia to 2 points
but lost about half OF the Improvement and
closed barely steady. Spot sales there 10000
bales at hrmer but unchanged prices. In Man
chester there was not much doing In yarns and
cloths were dull but steady. Bombay reports
for the half week 5000 bales against 10000
bales for the same time last year.
New Orleans advanced point, but lost this,
cotton here was Lice lower. Sales 324
bales for spinning. Southern markets
generally quiet and Unchanged. New Orleans
sold $500 bales, Memphis sold 300 bales,
and Norfolk 1888 bales. The port receipts
were II 968 bales against "a 1874 bales this day
last week and l3 459 bales last year; thus far
this week 25,O68 bales, against 80 ,631 bales
last week. Exports still liberal. New Or
leans receipts to morrow we're estimated at
1000 bales to 5000 DaleS, against 1855 bales
last Tuesday, and IL ,99l bales last year. Au-
gusta receipts today 1853 bales, against 245
bales last year Memphis receipts CO. bales,
against 2, 9S9 bales last year; shipments to-
day 2,290. St. Louis receipts 651 bales. against
$40 last year; shipments today 1.7l9 bales.
Houston receipts ,394 bales, against 2.593
bales last year; shipments to-day 2,410. Sill
yer decidedly higher"
New York, Feb. 2l.-Riordan g. Co, say OF
cotton to-day: The market to-day gave un-
mistakable evidence of its overloaded and
top heavy condition. Liverpool showed some
improvement and the port receipts were less
than those Of this day last year, but after
comparatively firm opening at a slight ad-
vance, the market seemed unable to absorb
the offerings and a sharp decline ensued.
May which closed at 100 on Saturday opened
at 7.9l and afterwards sold at 7.S2 but in the
first half hour there were decided symptoms
of weakness and May gradually saPged to
7.S5. At this point well known
commission house threw about 1900
bales upon the market. breakin the price OF
May TO 7.SO. The close was steady with 7.Sl
bid for May. 1t seems impossible at the mo
ment TO maintain any advance owing 10 the
unwieldy proportions of the long interest:
shrewd operators say that the market is
badly overwelghted. and until the bulk of the
long cotton now being carried on margin is
sold out, they have no faith in any rally.
They may be right in their judgment from a
speculative standpoint; but whenever the
Dinners, who are now 80 apathetc, see that
their interest requires them to begin buying
largely, it is tolerably certain that we shall
see "a rush OF speculative pur bases which
plexlon, meantime prices are likely to be
lower"