The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-08

UnitedSt2tes As, reg stored. ...........1l4
UnitedStates IS, coupons .............. ia
IBID. ' - +Asked.
New York, April THE sales Of listed
stocks to-day aggregated $4,000 shares, and
Of unlisted 900 shares.
New York, April Treasury balances
today were as follows: Coin, sos 023,0OO; cur
Tency, $50. 631 600.
ment Of the associated banks, issued by the
clearing house to-day, shows the following
changes:
Reserve decreased ..................s 2 s02,lI5
Loans increased .........-....--..... o,6ZI9OO
specie decreased .....-:...-..-..... o6I,S0o
Legal tenders decreased. 500 800
5p,epo59ltS5 increased o's25 ~
The banks now hold $50 g7 e5 above the re-
Quirements OF the 25 per cent. rule.
Atlanta, Ga, April THE Clearings Of
the associated banks for the week were
London, April THE bar silver market
today has been steady, and was quoted at
2S 3-l6d per ounce.
Cotton.
Liverpool April 7, noon.-Cotton-Qu
and in moderate demand; prices unchanged;
American middling, 3-15d; sales z 900 bales;
American $500 bales; speculation and export,
800 bales; receipts, H. 900 bales; American.
l5,4OO bales. Futures opened quiet demand
poor.
Futures-American mtddling fair, low mid
ling clause: April esd also sod; April
and May, ( 7-64d, also SD; May and June
sod, also sod; June and July. l064d,
also 9-64d; July and August, 1l-64d, also
l0-6id August and September, t2-64d, also
4 1854; September and october. 4 12-64d, also
4 ll-64d; October and November 4 13-64d, also
4 l2-c4d November and December, 14-6id.
Tenders at to-days clearings were - bales
new dockets.
p. m.-Cotton. American middling fair.
AID; good middling Sled; middling, Sled:
low middling, Lied; good ordinary, l5-l6d;
ordinary S%d.
Futures-Ameriean ruiddling fair, low mid
ding clause: April, 7-64d buyers; April
and May, 7-6id, buyers May and June,
764G14 S-64d June and July, 9-64d, sellers;
July and August, l0-G4d, buyers; August
and September, 4 Il sd, buyers; September
and October, 12-G4d. sellers; October and
November, 4 70 6F94 1850; November and
December, ID ot14 l4-64d. Futures closed
| quiet.
New York, April 7. noon.-Cotton futures
opened dull as follows: April, Gle; May,
Z 63c; June. zee; July, Z 76c; August, $50,
Septem her, 1880.
New York, April 7, p. m-Spot cotton
closed quiet; mtddling gulf Sc; middling
uplandS 721c; sales none
Futures closed steady, with sales OF
42,sOO bales. as follows: April, Csc; May,
CSC; June. 7ic; July, Z SOC; August. S5c;
September, z SIC; October, e5c; November.
SIC; December, 93c January, CSC.
New York, April Total consolidated
net receipts at all the ports to-day were 106 51
| bales; exports TO Great Britain 2S3O bales, to
France - bales, to continent 5,002 bales;
stock 7O5 $40 bales.
! Total 80 far this week: Net receipts 10 65i
/ bales; exports to Great Britain 2,s30 bales
! to France - bales to the continent 5000
| bales.
New York. April THE total visible
| supply of cotton for the world is 4,045 5l8
| bales, of which 3,456,3lS bales are American
| against 3,e6s SIS and 3,414575 bales, respect
| lively, last year. Receipts this week at all
| interior towns 1880 bales. Receipts from
plantations 80, 600 bales Cropin sight S44 ,479
| bales.
New Orleans, April 7.-Cotton futures
! closed steady, with sales Of 1900 bales as
| July zSc, August 54c September 47o
| OCTOBER soc, November 7 55c, December
| Z 60c.
New York. April THE Suns cotton re-
| view says: Liverpool was disappointing,
| and small decline here early In the day was
| the result but the New Orleans estimate for
there was some new buying. Bulls are en-
! couraged by gradual revival OF trade in this
! country. The cotton goods business
Is more promising, and some think
| crease their purchases OF raw cotton
! in the near future. There was no great pres
sure to sell cotton here to day, and prices
| soon recovered the early loss and moved up
| ward, ending slightly higher than last night.
| Atwood Fiolctte & Co. said to-day: I'VE
! find port stocks last night were 1000 bales
| aEalns, 10000 bales last year, while interior
visible stocks were 245,00O bales, against 355,-
! 900 bales; total deficit 1872 900 bales; and vet
! there has come into sight Of this crop 7s4 coo
| bales more to date than at the same date last
| year. But to make the statistical posi-
! ton stronger, We have exported 1857
| 900 bales more than last year or
say 20, 900 bales moro than the excess OF this
crop over the last. Our exports to Great
| Britain have been 2,57,O00 bales against L.
| $4,000 bales last year, and yet the stock Of
American at Liverpool and ahoat for that
| market yesterday was only $4,000 bales
! larger than last year, while, as we see above,
the exports to Liverpool have been 65S,000
| bales more than last year. Then again we
nnd that while the worlds supply OF Ameri-
/ can is only *, go bales more than last year at
| the same time, we have exported l,057 90
bales more. The balance has evidently gone
| into consumption, showing how favorable
| European trade conditions must be-"
New York, April 7.-Rtordan & Co. say OF
| cotton to-day THE cotton market closes
| to day with a rather more cheerful feeling
! than we have had at the end OF any week for
| long time past The improvement in Liv-
! erpool to-day was so slight that il gave US no
! support and in the early trading the tone
/ was easy, May selling down to 763c, but
| there were more buyers than sellers at the de-
! cline and prices gradually hardened towards
| noon; the shorts seemed to become uneasy
! and their buying to cover stinencd values;
! Furthermore the close was very steady, with
| the trading in May on the basis
/ of 1859. The accounts agree that trade is
! slowly but steadily growing better all over
| the country spinners have now no lack Of
| orders at the prevailing low prices ana must
soon change the policy they have followed
ollCc IbSI SuuHleF. Ol DuylnE Ile raw ma
terial only from hand to mouth. so large a
proportion OF the crop has been exported that
when the American spinners enter the mar
ket to replenish their supplies. they may
have to pay much higher prices. The situation
really looks promising for an adj
vance; the only question is whether
the TWO great adverse influences, the
| threatened enactment Of the Hatch bill and
the fear of a considerably increased acreage
! for the new crop, viii be Sufficient to onset
the otherwise favorable conditions which OF
set the market. While we are Inclined to
think well OF cotton, it would be folly to lg-
| more the serious characters Of the obstacles
to a sustained advance. The chances seem to
lie in favor OF sharp fluctuations although
| perhaps, within somewhat higher range
than OF late; and we think our friends will do
| well to accept moderate protts whenever the
market shows strength. We estimate port
! receipts for the coming week ut soout AZ 900
bales, against 81 $40 bales for the same week
| last year
COTTON TABLE
Tone. MID. Rec Sales. Stock
Galveston. Steady SO 7l3 2922 4c,5ls
! Norfolk Quiet $40 66S 1929 40 1874
| Baltimore. Nom 70 % 643