The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-01-18

Memphis Char. 10 Wheeling s. L. E. 1926
Michigan Central. 90 do do pre- Az
STATE BONDS.
Alabama A....... % Tenn, new set. IS. 100
40 B..-.......... 81 Tenn. new set. IS. %
do C....-.:.:.... 90 Tenn, new set. IS. "a
La stamped As 9S Virginia g. s pref so
North Cardinals 90 Va. Trust Reefs. 35
North Carolina6s l1S Va Fund'g Debt. So
Tennessee, olds.. 60
GOVERNMENT BONDS.
United States IS, registered. ........I12H
United Estates As, coupons ...............ll2
United States Is, registered. IS
+Asked. tBld
Liverpool, Jan. II, noon.-Cotton, fair
demand, at easy prices; American mid
ding, 47sd; sales 1900 bales; American,
lO'5OO bales; speculation and export, 800
bales; receipts, $4,000 bales; American "a, 600
bales. Futures opened steady; demand mod
crate.
Futures-American middling fair low mid
ding clause: February and March 4 17-64d.
also l6-64d: March and April, 4 19-6Id; April
and Nav, 20-64d, also 2l-64d: May and
June, p SAD, also 42l-64d; June and July,
24-64d; July and August, 26-64d. also 25-
64d; August and September, 27-64d. Tenders
at to-day's clearings were 100 bales new
dockets.
p m,-Cotton. American middling fair,
1S16d; good middling, AID; middlinR. 49sd:
low mlddling, 414d; good ordinary, AID; or
binary, Is led.
Futures-American middling fair; low mid
ding clause: January. l564d sellers: Jan.
uary and February. Is 64d. sellers: February
and March, 4 16-64d, sellers; March and
April. 1864, sellers; April and May 10 81
81 2O-64d; May and June, 2l-64d, sellers;
June and July, 4 23-6id, sellers; July and
August, 4 24-6+6l4 35-64d; August and Sep
TENDER, 26-64d, sellers. Futures closed easy
Manchester. Jan. 1.-THE Guardians re-
view Of Yesterdays market says: Recent
buying derived strength from the improve
ment in the prices of cotton. The decline in
cotton values at IIVarnOOl vaSferdau
many buyers to withdraw their offers, and
especially as the receipts at the American
ports indicated ed an increase during
the week. This is producing eau
ton, pending developments. An in
crease instead of the promised decrease
draws attention to the unreliable nature of
American advices when the facts disagree
with American interests. Many manufactu-
rers, especially of eastern goods, are so we'll
engaged that they can afford to wait for fresh
orders. Others maintain the quota
! tions. There was less inquiry from China
but the market was mostly firm. There
were moderate transactions in bleaching
shirtings for Shanghai A small business
was done in shirtings, Dhooties and
bleaching cloths for Bombay. There we're
some transactions in staple goods for Cal
cutta, for both quick delivery and summer
| shipment. Business for other outlets was
moderate. Printing cloths were quiet. Spin
ners did not secure expected orders for
yarns, but prices were firm. Foreign orders
| were scarce.
| New York. Jan. II, noon.-Cotton contracts
| opened barely steady at point advance to
| point decline. fell to 7points on local reaiz-
| ing and free selling, rallied on covering by
| shorts. and are now to points below yester-
| dav.
New York. Jan. 17.-Cotton futures opened
| steady as follows: January, SIC; February,
| Z 94c; March. Ole; April, 09c; May Ice;
| June, 8 23c.
! New York, Jan. II, p. m.-Spot cotton
closed steady; middling gulf C; middling
| uplandS l-l6c: sales 2S3 bales.
| Futures closed steady, with sales OF 215 700
bales, as follows: January, S9c; February
79c; March. COG; April, 8 csc; May, l7c;
New York. Jan. 17.-The total consolidated
netreceipts at all the ports to-day were %, Ss1
bales; exports to Great Britain "A, 676 bales, to
Frame s,5O4 bales, to the continent 1925 bales;
stock ,14002s bales.
Total so far this week Net receipts 104 3O7
bales; exports to Great Britain 6S 1876 bales,
to France %, 504 bales, to the continent 20445
bales.
New Orleans. Jan. 17.-Cotton futures closed
steady, with sales Of 90 800 bales, as follows:
January 4Sc. February SIC. March z dc,
April 74c; May sc. June sic, July CSC,
August 5 04c, September -.
New Orleans, Jan. 1.-THE following is the
semi weekly cotton movement at thirteen
leading interior towns: Receipts, SO, 724 bales
against Il 0l0 bales last year; shipments
4,143 bales. against IS 500 bales last year;
stock, S5O,740 bales against 359, 1897 bales last
year.
New York Jan. 17.-Riordan g. Co. say of
cotton today: THE trading in cotton today
represented pretty stubborn battle between
the bulls and the bears. The receipts were
too big to please the friends OF cotton and the
market, after opening at slight improve
ment. became very weak. The first sales of
March were at sole, but a decline began i'm
medlately after the call and great quantities
OF long cotton were sold out the bulls took
the offerings with good deal of courage but
the pressure caused prices to give way
out points, March declining to 7.94c.
At the moment the market looked very
weak. but the resolute purchases of leading
local operator checked the decline during the
afternoon. The market fluctuated between
1850 and 1890 for March but in the last
half hour the feeling seemed 10 improve, and
the close was firm. with SC bid for March.
After the close the demand stiffened, and
S.O3c was bid for March, with no sellers. The
port receipts this week Will overrun the esti-
mates and perhaps exceed those of last week,
but we are now told that next week will show
great falling on. The bears say this is the
|, old story
New York, Jan. HAYWOOD Violet s. Co.
say Of cotton to-day: Liverpool started on
very well at the decline. At the opening was
only Gid. of which 1-64d recovered before the
opening here. This market however i'm
mediately started down after openings at last
nights prices aud declined points, recover
ing. however, all it lost, closing firm. There
have been some good Liverpool cables here
today One from a prominent house ex-
pressing opinion that the market had been
unduly depressed and expect sharp reaction
as trade was in a healthy condition. All
markets, however. have felt the influence of
Jl6 movement TO-DAY. winch at ports is Zl,SUO
bales against 1900 bales last year, and the
interior is also larger. The semi-weexly re-
ports from IS points as given by the New
Orleans exchange, shows receipts 80, 900
bales against $1,000, but loss in stocks of
IS 900 bales as compared with the same day
last week, indicating a total loss for the week
at the "a weekly reported points of
perhaps 25000 to 10000 bales, whereas 81 i'm
portant points in the south lost only 900 bales
stock in six weeks from Jan. II last year. We
shall have to increase our estimate of amount
coming into sight this week from 135, 900 bales
to about l55, 900 bales against 1872 900 bales last
year but we still adhere TO our belief that we
shall be at the end of the month about 200.0)0
less than four years ago, the crop of which
year was 1911 900. The southern spot markets
are lie to Is lower TO day so far as they
have been reported here, but exporters are I'M
a lie TO BUY cotton on a shipping basis. Any
favorable change in the situation remains
very largely with Liverpool, where they still
continue to take spot cotton freely. The sales
we're 12l0l bales The market requires new
buying Iower and this may only develop to
any marked extent as it did last week, after
the movements, decided dimnution as
compared with last year. The bears call at
tention always to the movement OF twelve
months ago, knowing that for this
week and next week it would be a
very bearish comparison, whereas we
should not compare with what was the small
est movement Of many years, but the crop Of
1889 30. the figures Of which should be taken
in forming some idea of what is coming into
sight for the remaining months of the season.