The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-10-13

Baltimore-steady; middling. .; gross re
New York-Quiet: middling, 9ls; net re-
ceipts, none; gross, 2,1S: sales, l61 all
spinners; stock. l5s, $50
Boston-Quiet; middlng, Sis net re-
Philadeiphia~oui middling, sss; net
receipts, 52S; stock, 6,S39.
Daily Movement at Interior Towns
Augusta-Quiet; middling, s ll-l6 net re-
ceipts, 2.2S9; sales, S96; stock 1900.
Memphis-Steady; middling, Ills; net
receipts, ,ll2; gross 5'lS2; sales 2l5O'
ST. Louis-steady; middling. so; net re-
ceipts, l077; gross, 5,0Dl; sales, "; stock,
Cincinnati-Quiet; middling, SIS net re-
celpts, SS7: sales, $780, stock, 5lSy.
| Houston-Steady; middling, 1916; net
/ receipts $3.50; sales, LII; stock, SS,Oi2
Exports of cotton this day
/ Gaiveston-To Great Brintain, 5,1Sl.
New Orleans-To Great Britain, S,451;
! Mobile-Coastwise. 253
| Savannah-COastwise, 25l3.
! Charles tOn-CoastWise, 4l3
| Wilmington-Coastw 1876.
ACKNOWLEDGEMENTS l23.
New York-Forwarded, $50.
! Total foreign exports from all ports
/ to-day and thus far this week: To Great
/ Britain, S5sS; to France none, to the
/ continent, none.
/ To Great Britain, 1885; to France, 20,
OSS; to the continent, 105, 1873
Liverpool, Oct. r. 1880 p. m.-Cotton:
/ Demand moderate; prices steady; Amer
| lean middling, 4 2T-32d; sales, 1000 bales
American, $500 bales; speculation ana ex-
port 500 bales. Futures opened steady;
\ demand fair; American middling, low mid
ding clause, Observation-Disclosures, AIS; NO
/ vember-December 4.4iQ4. 40; December
/ January 4.46I4.41qA4S; January-Febru-
/ airy. 437d44sq449 February March, A4Sp
/ $50; March-April, A5ON4.5lN452; April
May, 45li May7June 4.52q4d; June-Juiy.
liverpool. Oct l2 d. m.-Cotton: Amer
| lean middling, 4 H-32d; October, Az sell
ers; october-November, 4;l6qi4 buyers;
December-January 4;47Q4.4S buyers; jan
| February 4.49; February-March, 4.5O
ril-May, 4.5s value; May-June, 45ld-.55;
/ June-July, 456 sellers; July-August, 4.57.
/ Futures closed quiet
New York, Oct. u, noon.-Cotton futures
opened quiet, but firm: October, -; No
/ vember, S.S5c; December, $3.50; January,
sole; February, 9.07c; March, 9.12c.
New York. Oct. II, p. MIXTURES closed
steady; sales, 1890 bales October SS6c;
i November, S.S6c; December, S.94c; January,
9.02c; February, SOC; March, size; April,
BIC; May, 9.2Sc; June, 9.2Sc;
New Orleans, Oct. 12.-COtton futures
/ barely steady; sales &, 500; October, S.9Sc;
November s.9Sc; December, S.97ei January,
| S.97c; February, 9.oOc; March, sole; April,
| soc; May. 9.10c; June, 9,l3c.
New YORK, Oct; R.-The total visible
supply of cotton for the. world is 1861 ,574
bales, of which 2405, S74 bales are Ameri-
can, against 2.426pa balesa and 2,O6S,9
bales, respectively, last year The re-
eeipts Of cotton for the past week at all
cepts from the plantations were 1886 400
bales. Crop in sight is 1,1lS,267 bales.
New York, Oct 12-Riordan & Co., in
their weekly review Of the cotton market.
say: I'VE have had a week of feverisn
fluctuations in cotton. The prices for
January deliveries ranged from S.6c to
9.14c, but the closing bids to-day are about
| the same as those Of week ago. Liver
pool showed more steadiness this morn
] pxp a mr. rlg y
improved few points. January opened
| at 9.01c, advanced to 904c, declined to s. 9Jc,
with the tone steady. The feature Of the
| week has been the heavy receipts both
at the ports and interior towAs. The bears
insist that If the movement OF the crop
| should continue upon the same scale dur
| ing the next fortnight, nothing can pre-
vent heavy break in prices. The bulls
| retort that the big receipts result from
the fact that the crop is made and is
| pouring in all at once; they dare the bears
to sell cotton short. but the latter seem seem
| Meantime all accounts confirm the serious
| and general shortage of the crop. Not
| only is the yield in bales everywhere na-
terially less, but the comparative light
ness of the bbales, owing to the extreme
heat and lack of moisture begins TO at
| tract general attention. The crop, in our
opinion, is small enough and the condi-
ton and prospects of trade are good
enough to justify still higher prices for
! cotton. The only danger to the mar
ket lies in the overconfidence of the bulls.
/ Many shrewd and cool-headed operators
think that even now, the market is over
bought and top-heavy with long cotton.
| This is serious menace to values, ire
| spective of how small the crop may be
| and of the ultimate course of prices, when
| everybody wanted to sell, buyers naturally
hold off and ii is impossible to say how
| great tumble under such circumstances
| cotton might have. The break might IN
| deed be of short duration, bur that would
| be poor consolation to those who had
been sold out on stop orders or because
nd ON.
| friends to bear this danger in mind and
! to secure their profits when then can"
New York, Oct. 12.--The Sun says of cot
to-day: Cotton rose 4 to 6 points, re-
acted and declined, then again moved up
I ward, at one time showing a rise, COM
pared with last nights prices, of 66l1
/ points, then falling and closing steady at
/ net rise of 4W6 points, with sales of 49,
800 bales Liverpool was quiet and steady
| on the spot, with sales of 1909 bales; flu
/ lures declined y point, closing quiet.
New Orleans advanced 4q6 points. A
1 wager of $1,000 even. that the crop would
not be over 6.5O0,O0O bales, was taken here
yesterday afternoon. South Carolina
/ planter says that, though the acreage
1 was reduced in that state last year. only
i the best land was planted, and he thinks
the crop will be fully 100000. The Chron>
icle states that the temperature has been
1 lower as a rule at the south during the
1 week; that frosts have occurred in num-
Der of localities, killing in portions of
| kansas, but the resulting injury has nor
| on the whole been important, that rain
has fallen in most section and in some
| districts of Texas heavy precipitation is
claimed to have damaged cotton; thar
I picking has made rapid progress geT;-
orally and in Southwest Texas and a few
/ points elsewhere is said TO be approach
ing completion, and that the movement or
| cotton to market is quite free. Northern
| spinners have taken thus far this season,
1851 bales, against 202,794 bales thus
| far last season. There came into Sign
during the week 3S0.353 bales, against 409 :
l4 bales, making the total in sight Lib
| PSI bales, against 1,347,005 at this time lasr
/ year. The New Orleans receipts on Mon
day are estimated at Il, 600 bales. possibl,,
/ 1900, against 1850 last Monday % 274
4 last year and 154lS in 1893.
'To-days features: Prices advanced in
! spite of anything said against the MAJ
ket. There. was more disposition to buy
/ than to sell cotton, and prices accord
/ ingly advanced. The bulls estimated the
crop at 6.500000 to 100000 bales and they
/ believe that the receipts will soon fall off
materially. In fact, at some Texas points.
! during the past week, they fell off TO a
| marked degree and the port receipts more
/ over fell below the estimate The trouble.
is that on every good break a good many
| people are ready to buy and prices arc
/ tossed aioft again. II the receipts fan or
/ materially in the near future another bis-