The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-23

Mobile-Dull. middling. l5-ls; net re-
/ ceipts 2 10; sales $50.
Charles on-steady; middling. SIS; net
I receipts. 2296; stock, 79064.
/ NilmingtOn-Quiet; middling. .. net re-
I ceipts, 1.15l. stock. corrected, = 40
] Norfolk-Dull; middling, IS; net re-
I ceipts, 3.0fl, sales. sl3; stock. 1908.
l Baltimore-Nominal; middling, SIS; gross,
receipts. n; stock. 2i.O02-
New Hork-Dull. middling, 3 Ills; net re-
1855
I,oston-Dun; middling 5n-ls; net re-
Phia-,steady, middling. 5l5-ls;
/ net receipts, 1S3; gross. 30; stock, 1855.
| Daily movement at interior towns
Augusta-Steady. middhng. 81; net re-
I ceipts, l,s40; sales. All; stock, g. 926.
Alemphis-Easy; middling, SIS; net re-
ceipts. ais; gross, s, 265; sales 100; stock,
1873.
ST Louis-Quiet: middIing. SIS; net re-
eeipts, 1863; gross, 1928. sales, 49, stock,
Cincinnati-steady. middIing. 5as net re-
celpts, 4.ls2; sales, 200; stock. 1891.
Houston =. middling ~; net re-
ceipts. lS,l5i; sales. 5ss; stock 4oSs.
Exports Of cotton this day
Galveston-To Great Britain, 5,3SS.
New Orleans-To Great Britain, 1900;
France, 1903; Continent, $780, Coastwise,
savannah-To France. 5.29S; Continent,
CharlestonETco the the Continent. 1854;
| CoastWise $50.
NEUTRALITY-SUSPICIOUS. S1A
Norfolk-To the Continent, 1900; Coast
New York-To Great Britain, ZIP; Con-
tinent, SO: forwarded, 506
Boston-TO Great Britain. M
Total foreign exports from all ports to-
day and thus far this week: To Great
Britain, S,656; to France, 1887; to the
Continent. % O06.
Total foreign exports since Sept !, 1884,;
10 Great Britain, 1851. 22S: to France, Az,
sos; TO the Continent, 1.l9227S.
Liverpool, Dec. 22.-Noon-Cotton quiet;
prices American o
sales, 5000 bales; American, 100 bales;
speculation and export so bales; re-
ceipts, 1900 bales; 1850 bales American.
Futures steady at the decline; demand
moderate; American middling low mid
ding clause, December and January,
2 59-64d; January and February. 2 59-64d;
February and March, 59-64d March and
April, 62-64d; April and May, 2 63-64d;
May and June, LTD; also Sd: June and
july, 2-6id; July and August. 3 Std; al
so 3 4-6id; August and September, 3 Slid
Futures steady. Yesterdays sales were
increased by late business by 1900 bales
a. p. m.-Cotton. American midding.
Futures: December. 2 59-6ld sellers: De
February, 59-6id sellers; Feb March
60-6in2 6l-64d; March and April 2 81 $40
2 62-64d; April and May, ? 6S-64d buyers;
Nay and June, 543 l-64d; June and July,
3 sid buyers; July and August. 3-64d
4-64d; august and September, 3 5-64d
buyers. Futures closed quiet
New York, Dec. 22.-Noon-Cotton fut-
ures opened steady January, BAL; Febru-
airy, 22l5; March, 5.5l; April, $50; May,
New York. Dec 22.-Cotton futures
closed steady; sales. IS, 800 bales; Decem-
per, bA; January, SAB; February. SAT;
Msrcn, Dol: April, 5.56; May, SCI; June,
SS 81 july Oh august DIS; September,
New Orleans. Dec. 22.-Cotton futures
9uIet and steady; sales, 1920 bales; De
Sember, 5.0S; January, 5.06; February. 515;
March Mar 523i April. 5.26; May 5.Sl; June,
"a "a. Sulyi 20 August, 5.46; September,
New York, Dec. 22.-Riordan & Co saw
OF cotton; The decline in Liverpool to-
day was not as sharp as had been ex-
Feed ana our market opened a trihe
higher than II closed yesterday Nav sell
ing on the call at 5.61c. A little later the
zone became weak and May was freely
oIlered at 5.5gc The decline was checked,
as on yesterday, by prominent German
Dear house. which recently accepted ali
the offerings. rally followed Nav adj
Ka,htclng TO 5-62c. The close was steady,
WIN May al 5.6lc TO 5.62c. The receipts
or the week have been so enormous. as
10 chill the hopes of those who have been
counting upon an upward turn i'm prices
ABOUT TINS time. 1t is true that most of
the surplus supplies coming in have, so
Iar, been rapidly absorbed at the present
low values. But If the movement should
continue for fortnight longer, on any
thlng ike the present scale, there is rea-
son 10 fear that the trade will refuse to
buy more, unless at very material conces-
slohs. 30 that the course of prices in the
immediate future may be regarded as en-
urely a question of receipts Opinions
vary widely as to the probable volume
during January, but we fear that thew
VIII be heavy enough in any event but
whether prices during the month should
advance or decline, whether the REGENTS
should point to crop OF 10000, 900 bales or
only to 100000 bales. Everybody in the
cotton trade recognize the fact that the
south now has its welfare entirely in it's
own hands. Every farmer, who ordinarily
raises a crop of hundred bales can and
ought to give his lands a rest or nlant
them in grass or grain He can buv a
May or an August contract for 100 bales of
cotton now far cheaper than he can grow
the same amount of cotton. Many shrewd
farmers are already doing this very same
thing. y margin of say $500 will give
practically absolute protection to their
contract cotton against any further pos
sible decline and the chances are that
three months hence, they will have a lar
ger profit than they could possibly Aaye
made by planting the same amount of
cotton and without any of the labor
anxiety and expense. If this movement
should attain considerable PROPORTIONS il
would prove a twO-edged sword against
the bears and would lift prices quickly
and materially. But if the south should
go on next spring planting all the cotton
that IT can. the producers may have to
sell it in the fall al cents, instead of 5
The only prop of the market even at
present prices, is the fear of largely re-
duced acreage next season. Liverpool viii
remain closed until Thursday next, and
our market until Wednesday,"
New York, Dec. 22-The total visible
supply of cotton for the world is 4, 1864, $50
bales OF which 424o, 1856 bales are Ameri-
can; against 4,46S, 100 bales and 4 O34. $50
bales respectively last year The re
Ceipts of cotton this week at all interior
towns are 2S5,536 bales; receipts from the
plantations, 424,92 bales; crop in sight,
$685. 100 bales.