The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-01-20

August, 23-64d sellers; August and Sep
temher; 24-64d, value. Futures closed easy
at the decline
New York. Jan. 10. noon.-Cotton contracts
opened steady at points decline, and are
now u to IL points below yesterday.
New York. Jan. 1e.-Cotton futures opened
: Sc; March, soc; April, : &c; May O6c;
June. 8 100.
New York, Jan. 10. 4 p. m.-spot cotton
closed quiet; mtddling gulf sac; middling
Futures closed steady. with sales of 22p. 800
bales. as follows: January, 7Oc; February,
7dc; March, z SIC; April, 9oc; May, use;
June 0oc; July, lie: August l6c.
New York, Jan. 1.-the total consolidated
netreceipts at all the ports to-day we're "a, ~
bales; exports TO Great Britain 1896 bales, to
Frame II .207 bales. To the continent 10 5O7
bales; stock l.07b7l5 bales.
Total so far this week: Net receipts ICE, eos
! bales; exports 10 Great Britain l23 6S5 bales
TO France 36'7li bales. TO the continent 3s,906
New Orleans. Jan 1e.-Cotton futures closed
| quiet, with sales OF % 100 bales as follows:
January 2so February Sac. March 45c,
| April 54c, May sc, June 71c, July 7Sc,
| August s5c, September $780,.
| New York. Jan. l9.-The Suns says of to-
| DAY 5 cotton market; Cotton fell 10 TO IA
| points and closed steady and II to ~ points
below the last prices of yesterday; the sales
! were 229 900 bales. Liverpool is on points
| with spot sales OF 2O0J bales, closing weak
| for spot aud futures. In Manchester cloths
| were steady and yarns dull. Special quota
| tions here were lowered i-l6c 70 a for mid
ding uplands. Sales OF so bales for export
| and s. for spinning. In New Orleans futures
dropped II points. There was q decline OF 80
| at Galveston, Baltimore, Memphis
| and st. Louis and i-l6 at New Orleans Mo
bile and Augusta. Very little spot business
was done at the south. New Orleans sold
| I 800 bales. At Norfolk, Savannah and
| Wilmington there was a holiday. Port re-
/ eeipts to-day were "a l2 against 25.236 bales
| this day last week and 10 y7O last wear Total
st las Il nd
% ,683 last year Interior town receipts IS. 563
| this week against % $50 last week and "a, 425
last year; Interior stocks 3bs 92S against
1851 last week. and 3s7 66i last
year These returns from the interior towns
on the Cotton Exchange bulletin had as much
Z fascination and made as much excitement, in
| way. as the newspaper returns on election
night after an exciting contest in the political
world Of course nobody looked for receipts
| OF 80 500 bales. Neither did they expect 160-
! 900 bales for the week at the ports But the
| bulls got this bad dose just the same. To pile
| on the agony, Liverpool came lower, the
southern markets showed unmistakable weak
| ness, and all the big houses here we're heavy
| shippers, not to mention Tom, Dick and
| Harry, who were carrying small lines and
| threw them over making in the aggregate no
| mean amount OF cotton. New Orleans ex-
| poets 5000 bales tomorrow against ,42i bales
| on the same day last week and ,754 last year
1t is eontended that the crop movement next
! week will again be very heavy. Europe and
! the south sold to-day. Latham, Alexander a.
| Co. estimated the crop tonight at z COO, 900
| bales and under, against a recent estimate by
| the correspondents Of the house OF about
| 6 10000 bales "
| New York. Jan, 19.-Riordan Co, say OF
| cotton today The receipts to-day gave a
| crushing blow to the bulls. The port re-
| ceipts for the week footed up 81 900 bales
| more than for the corresponding week last
year while the interior towns received
about IL 600 more. This showing was a sur
| prise. even to the bears; it was more than
| the bulls could stand. The opening was two
| points lower, tine first sales OF March being
| at 79lc. Then flood Of cotton bought at
| higher prices was thrown upon the market,
| causing a sharp break, which was not
| checked until March had touched 7.ssc. A
| rally to 1870. then took place which was fol-
| lowed by another decline to 7:s1c. Prices
| iuctuated nervouslv in the afternoon
| between 7.slc and 1850 but the
final trading was only point
or two above the lowest Of to-day. The close
was quiet and steady with 5.S2c bid for March.
1t is useless for our friends to close their
| eyes to the simple fact that cotton will ad-
vance or decline from to-day's figures, accord
| ing to the volume OF receipts. II the move
| ment next week should approach that of the
week Just ended, we shall certainly go low ar
and perhaps very considerably lower. On the
! other hand, any sharp falling.of in receipts,
| such as the bulls are constantly and con
| fidently predicting, might cause very rapid
| and decided recovery. The outlook'for the i'm
mediate future, in our opinion, is not a very
| cheerful one. We fear that prices are going
to he lOWer -