The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-06-30

New York. June 29-Clapp & Co., in their
weekly review of the cotton market, say:
The total cotton that came in sight the past
ten months was 1925 7sS bales. The visible Is
about g. C01 bales less than year ago. ana is
O34 bales. or 5,725 bales less than the
average has been for four years at this date
Stocks here are Il. 600 bales more than year
ago. English and continental spinners gen
orally expect the growing crop to range from
855 to 9H million bales, and appear TO ouy
only nearOy deliveries for immediate use, or
neglect the market. They predict Texas as
responsible for the surplus and low price, and
that cotton can be grown for tive cents
pound in that state. Gov. Hogg OF texas ana
associates informed US they believe Texas
will produce one-thlrd the American cot on
this season and more grain than ever previ-
ously grown in one year, and that their state
laws we're never better or business prospects
as good, and that five years will bring
ton has received its first bale OF
new cotton. The Washington agricultural
report says: Ababams-Cotton much I'M
nroved blooms becoming general. Missls-
sippi-Cotton small, clean and well,fruited.
Louisiana-Cotton good; stand blooming
nicely: few worms. TeXas-Cotton doing
we'll and in good condition. ArkansaS-Cot-
ton improved; plant healthy and good stand
but small; apparently for the moment the re
is too much cotton, too good prospects ana
too little trade to advance prices. ms may
he Offset by the exceedingly low price ana
the fact that continental and Liverpool mer-
chants have been and are large buyers OF cot
tom for the late NOTWITHSTANDING their business
in a very Quiet way. Fall River reports mod
erate demand for cotton goods and liberal
sales Of various widths at the lowest prices
on record. Evidently sfinners, spectators
and investors are all expecting contlnua-
tion of glowing reports from cotton nelos,
and the waiting OF demand until more Is
known about the growing crop, and what
SINNERS can expect the tariff will do TO their
New York, June 2o.-The Sun, in its cotton
ravie,v saws: 'Io-day's features were: First
he market moved downward to moderete
extent. owing to depression in Liverpool,
rnnors that continental mills were to run on
short time favorable crop reports and Tor
sign and domestic selling here. linen Liver.
1,ooi recovered the early decline, and local
bUvino for short accounts caused rally mere
Pain Is said to be needed in some parts OF
Gexas hut one Of the best features OF the DAY
was the renewed luying OF spot cotton by
SINNERS here which Of itself caused some
operators to cover. - -.
New York, June 29.-Riordan g. Co. say OF
cotton to-day: The news from Liverpool
mis- morning was very discouraging, ana our
onening was at further decline, August sell
no an the call at 7.0lc, For an nour or more
there was no material change in prices, Dut
when the cables indicated partial recovery IN
liverpool the covering OF shorts mere caused
a auick rally, In which August soI9 up 70
S0sc The Improvement was fairy WEI
maintained until the close Whlch was 5teauy
with 4 O5c bid for August, the same as yesIef
Sav THE crop outlook just now Is so excel
lent that the short interest has Deen largely IN