The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-29

STATE BONDS.
Alabama A.. 30 ITenn..new set. IS IO5J,
DO B-.....-......l03 Tenn. new set SIS lUl
do c.. 800 Tenn new Sc. Is ~,
La. stamped As. 100 Virginia 6's pref so
NorthCarolina Is 80 Va Trust Re;ts. 81
NorthCarolina IS l2lS Va. Fund'g Debt. co
Tennessee, olds.. 90
GOVERNMENT BONDS
United States IS reg stored. ....,....,.II3a,
UnitedStates Is, coupons ............... III
United STATES IS. regis ered............. 965s
asked. ibid.
New York, April 2s-Treasury balances
to-day were as follows: Com. SlU2, 10000; cur
rency, as 100000.
New York. April 2s-The weekly state
ment Of the associated banks, issued by the
clearing house to-day, shows the following
changes:
Reserve increased ...................S /, 400 925
Loans increased .............. 81 QOO
Specie increased, NEUTRALITY-SUSPICIOUS.. $40 600
Legal tenders increased. ........... Q42 900
Deposits increased Observation-Disclosures. AHA no
Circulation decreased ............. 5l35OO
The banks now hold 1888 AZ. $50 above the re.
quirements OF the p per cent, rule
Atlanta, Ga, April &S The clearings of
the associated banks for the week were
S796.S3q
Cotton.
Liverpool. April %. -Cotton-Quiet:
moderate demand prices unchanged Ameri-
can mlddllng l-l6d; sales 1000 bales; Amer
lean, 4 200 bales; speculation and export 800
bales; receipts 1000 bales; American $500
bales Futures opened quiet demand mod
crate.
Futures-American middling fair. low mid
ing clause April and May, 81; May
and June, 62-64d, also 3 6l-64d; June and
July, 3 63-6id, also 6264d; July and August
l-5id. also 4d; August and Septem-
Der, sid, also Lid: september ana Oc-
toJer, Sold, also 2-64d; october and No
vember 4-6id, also 4. 3G4i; November
and December, Gid, also 4-6ld. Tenders
at to-day's clearings were -- bales new
dockets,
p. m.-Cotton, American middling fair.
4lsd; good middling, 4 lied; middling, l-l6d;
low middling, l5-l6d; good ordinary,
1850; ordinary, 3Ssd
Futures-American middling fair, low mid
ding clause: April, 6264, sellers: April
and May, 62-6i, sellers; May and June,
3 626id, sellers; June and July, 3 63.6ld
buyers; July and August, AGA 1-6id; Au-
gust and September, 264d, sellers; Sep
TENDER and October, 64D4 S64d; October
and November, 4 3-6l0t 4-6td: November
closed steady.
New York. April %, noon.-Cotton futures
opened steady, as follows: May, re; June,
729c; July, 35c; August, SSc; September,
7ilc; October, 7 45c.
New York, April %, p. m.--spot cotton
closed quiet middling gulf 7ltl6c; middling
uplands I-l6c; sales % males.
--- Futures closed steady, - With sales CO
$4,000 bales, as follows; May l7c; June
: PC; July, Z &c August. sc; September,
35c; October. 3Sc; November, 43c; De
cemoer. i7c; January, SIC
New York, April 2s.-Total consolidated
net receipts at all the ports to-day were 3g35
bales; exports TO Great Britain &, $50 bales, to
Frame = bales to continent $50 bales;
stock $50 42s bales.
Total so far this week. Net receipts 8 a35
bales; exports to Great Britain $500 bales,
to France - bales, to the continent $50
bales.
New York April 2s.-The total visible
supply of cotton for the world Is 3S47, S40
bales Of which 3,225 40 bales are American,
az NJ ct z md huln
lively, last year. Receipts this week at all
interior towns 22,7l5 bales. Receipts from
plantations 6,29S bales. Crop in sight T. DIP 270
bales
New Orleans. April 2s.-Cotton futures
closed quiet but steady, with sales of 80, 600
bales, as follows: April C, May Ole.
June 95c, July Ole, August U5c, septem.
Der O5c, OCTOBER O7c, November 7 l2c,
December lSc.
New York, April 2s.-The Suns cotton re.
port says Rear hammerings and selling by
discouraged bulls caused the decline to day.
Some increase in the acreage IS expected this
year, especially in Texas. The cotton goods
trade is depressed During the week plant
ing has made excellent progress. Early cot
ton is said TO be coming up we'll. The Wilson
Dill hurts business, and the Hatch bill
threatens speculation. Some contend there
is a large shOrG interest here. The bull in
interest is not as rule, aggressive, though
the decline Of late hes not been without
contest. The weather and crop news seems
TO be more bearish.'
New York April 2s.-Riordan & Co say of
cotton TODAY: The week closes with cotton
at the lowest point touched this season. The
slight improvement in Liverpool to day was
regarded as encouraging, and our opening
prices were only about point lower than yes
terday'S closing $. But immediately after
the call quiet pressure to sell out long cot.
ton was not1cea ole, and. as nobody seemed TO
care TO buy except at concessions, the mar
ket gave way. The decline continued with
brief intervals Of steadiness throughout the
two hours of trading. August sold down to
7.3Oc, amid much excitement. Just then a
leading hoise which is understood
7.3lc for 500 August This checked
the tumble, and August rallied 10 733c. The
close was steady at the de- line, T.32c being
bid for August. 1t is idle for anybody to at
tempt TO forecast the immediate future OF the
market. Prices are now so low that the
Sigh est Development favorable to cotton
might occasion reaction of 20 or 30 points al
any time, yet everything at the moment
seems against the chances of improvement.
Trade is undoubtedly bad, both at home and
abroad. The visible supply of cotton is still
10000 bales more than at This time last year.
and the prospects now are that the
end Of August will be fully as
m CHI as at the end of last season. Every
thtn4 now de- ends on the character Of the
season for the new crop We think that
the q is no doubt that the acreage will show
more or less increase. If ths season should
be good one we fear that cotton viii sell at
very low prices BuL even HG present quota
tions the effect Of any crop are would be to
cause a sharp advance. Weighing all the
conditions and chan -es, we cannot say thai
we feel hopeful OF a higher market. The
history of spe 3ulaton this season has been a
re ord OF successive and disastrous lquida-
lions. first January, then March and now
May If the promise Of the new crop should
warrant the exp citation OF big yield. there
is too much reason TO fear that the l!quida-
ton of August, when it comes, will be at still
lower prices"