The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-11-03
COTTON.

Cotton Exchange at the first call at 1880
o'clock the market was bulletined quiet
and unchanged, with no sales. At the
second call it was bulletined easy and un-
changed with sales of l25 bales. At the
last call it was bulletined easy and I'M
changed with sales of bales.
The following were the official spot quo
tations. at the close of the market, at the
Cotton Exchange to-day:
Good Mldd1ng .....--...-...o9s
Mlddllng 10
Market easy; sales, 127.
Savannah receipts, exports and stocks
Receipts this day ...................... 4,Stz
Same day last year ..............-..... 9,O32
Receipts since Sept /, 1895. 800, 1893
Same time last year .S9I, 4ly
Stock on hand this day .......-....... 95,762
Same day last year ....................l4l,l S5
Receipts and Stocks at the Ports
Receipts this day ........ .......... 24,120
This day last week ........ ......... 1922
This day last year .......... ........ %, 404
same day in 1893 49,. -. 30 % SS9
Total receipts since Sept !, 1895. i, 81, 06J
same time last year 90 ~ w
same time IN 1898 40 ~ ~
stock at the ports to-day ....-..... yOZ,46t
stock same day last year........... 9l3,924
Daily movement at other ports
Galveston-Steady; middling. s; net re-
ceipts, 1855; sales, 1907 stock, 1851
New Orleans-Steady; middling, Sfs; net
stock, 1871.
cepts, 1886; stock. 4,469.
. Charleston-Firm: middling 49, net re-
CeiptS, LIS, Sales 5Os STOCK, 4o,3Jz
Wilmington-Steady; middling, S1a; net
receipts, SS4; stock IS, 463.
Norfolk-Quiet; middling. SIS; net re-
ceipts, 1,62S sales 1Jl; stock, 1920.
BaItimore-Quiet; middllng, So net re-
ceipts, -; gross, 400; stock. Is, 1874.
New York-Quiet; middling, 15-l6; net
spnners; stock, lisp.
Boston-Quiet; middling, 9; net receipts,
Phfladeiphia-Quie middling, S-16;
net receipts, 17S; Stock S,62I
Daily movement at interior towns
Augusta-Quiet; middling, GIG; net re-
ceipts, 1875; sales, $50; stock, 81 sos.
Memphis-Quiet; middling, SIS. net re-
ceipts. 4,72o; gross, 4,S15; sales, 1,4OO stock,
St. Louis-Quiet; midanng. Sss net re-
ceipts, 1900; gross, 45OS, sales, 1853; stock,
Cincinnati-Easer; middling, SIS; net re-
ceipts, 1,4l5; sales, $50; stock, 6,954, correct
ed.
Houston-Steady; middling, s 9-l6; net re-
ceipts 1856; sales, 977; stock, 1880
Exports of Cotton This Day
Galveston-TO the continent, 5S9.
New OrleanS-To Great Britain, 500; to
the continent, 1860; coastwiSe, 3,065
Mobile-Coastwise GIL.
Observation-Disclosures, 997
Wilmington-To Great Britain, 1913.
Norfolk-Coastwise, 1901
New York--To Great Britain, 500; CONT
nent, 3,537; forwarded, 9S6.
Total foreign exports from all ports to-
day and thus far this week-To Great
Britain, 1852; to France, none; to the
continent, II, 1856.
Total foreign exports since Sept. /, 1885,
To Great Britain, 81 ,422; to France, sO,2l2;
to the continent, 3S,95l.
Liverpool, Nov. 2 1890 p. m.-Cotton:
Demand moderate; prices easier; Amer.--
can middling, fair, 9-S2d; good middlin9,
4 H-32d; middling, -; low middllng, 1870;
good ordinary, 412d; ordinary, 5-l6d; sales,
1900; American, 5000 bales; speculation
and export, 500 bales; receipts, 1900 bales;
American, 6,400 bales. Futures opened
steady; demand fair; December-January,
AID: JanuaryFebTuary, 4.4304 42GB4. 4lGC
440@44ld; February March, 444Q4.43G
4.42d; March-April, 4.45a444Gl4.4S; April
May, 446d; May-June, 441Q4.46. Futures
steady at the decline.
Liverpool, Nov. 2, p. m.-Cottbn: Amer
lean middling, $500; N1ovemPer' 4i4 sS5
buyers; December-J January, 4.4Od4. AID; Jam
uary- February, 4.41d buyers; February
buyers; April-May, 444d445d sellers; May
June, 445d446d buyers; June-July, 4.47d
sellers; July-August, 4.4Sd buyers; Aug
ust-September 44Sd sellers. FUTURES
closed steady.
lures opened easy; November S.6Sc; De
S7Sc March, SS2c; April, S.S3c.
New York, Oct, ?, P, m.LCotton futures
closed easy; sales, 1920 bales. Novem-
her, S.61c; December. $3.50; January, SIZE;
February sic; March, SS1c; April, S.S5c;
May, $500; June, s.95c; July, S.9Sc; August,
New Orleans, Nov 2.-Cotton futures,
steady; sales. 1890 bales November,
S53c December, S56c; January, S.60c;
February, S;63c; March S.67c; April, SHE;
New York, Nov 2-The total visible
supply of cotton for the world is 3.26l,5 $40
bales, of which 1892, 339 bales are Ameri-
can, against S,2sS,54S bales, and 2,944,S4S
bales respectively last year. Receipts Of
cotton the past week at all interior towns
We're 1914 bales. Receipts from planta-
were 2,306,O0S bales.
New York, Nov. 2.-Riordan & Co s re-
view of the cotton market: Cotton this
week has fiuctuated a great deal within
q range of 40 points, the extremes for
January S.55c and S95c. Weaker Liverpool
cables had depressing effect here to-
day in spite of the very light receipts.
January opened at S.74c, declined to S70c,
roilieI to S.79c, and closed at S72aS7Sc,
with the tone easy. In private trading af-
ter the close there was a better feeling
and prices improved. The bears claim
that If receipts should continue at the
present ratio, as indicated by the move
ment since Sept 1, compared with the
movement for the same time last season,
the crop should be at least 100000 bales,
yield which in their opinion would be
tcO large TO justify present prices. They
aay, moreover that the small receipts are
due, less to the shortage OF the crop than
to the fact that the south is holding back
its cotton. They lay stress upon the claim
hat there is no Likelihood of any scar
city Of cotton fer consumption before
next September, and upon the certainty
that if human efforts can accomplish il,
The crop of next season viii be monster
Alit Illio 1S-NA 4 l-lcAN N4it lAE 1tL re-
cc.pts are due altogether to the fact of
a greatly diminished yield; that, instead
o. being held hack the crop has been
very rapidly marketed and that the short
age has only begun to be reflected in the
movement, which viii soon show a per
pcndlcular drop; further, that when the
world realizes how small the crop really
is, speculation viii once more take hold
q the staple and prices win go much
higher. These in brief, are the argu-
iaents pro and con. Every trader can
Juqse for himself as to their motive
weight, In the long run the receipts win
Istermine whether prices will rise to a
Asher or sink to lower level, meantime