The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-10-03

decline. bringing January down to sS3c.
ne close was steady. with January at
uncertain market. The bears would like
70 sell IL down IL they dared; but they
have a salutary dread OF the bureau re
port 10 De published on the 10Th inst. For
the present IL would seem 10 be good
policy 10 Guy on declines. and to take
profits on rallies"
view Of cotton, says; Cotton rose to
points. receded and declined to 10
points, regained this and advanced 10
4 points, then declined to and closed
steady. with sales of S49. 800 bales. Liver
pool declined I'D on the spot. with sales
of 1900 bales; futures opened 5i2 TO
points lower, recovered 81 points of this,
then reacted points and closed irregular
and unsettled and 81 points decline for
the day. Manchester was steady for
yarns, cloths; very little doing. The New
Orleans receipts tomorrow are estimated
at 1000 to 5000 bales, against 1921 bales
last Thursday, 1888 bales last year, and
645l In 1898. Spot cotton here was easy
at l-l6c decline. Estimates say that 700-
900 bales will be marketed in Arkansas
thls week Light frOsts have fallen, but
no damage resulted. New Orleans ad-
Vanced points, but lost this and declined
10 points, regained this and advanced l.
lost this and declined s. Actual cotton il
IS stated, Is being held off the market at
me south on speculation. TO-day's fea-
lures; orders to buy from Europe caused
TINS market to open active at an adj
vance. subsequent decline in Liverpool,
together with hquidating sales for local
account, caused a sharp decline from the
opening prices, after which recovery of
10 points resulted from new buying for
local account. The ending, however, was
SlShtly under yesterdays prices on fur
ther selling by longs. The receipts at the
lnterlos' towns and the ports are increas-
ing The port receipts may exceed 10000
TINS week, against 243,O last year. At one
tline Chere was a rumOr that Neill Bros
OF LoTidon mad issued a bearish circular
put IRE New Orleans branch of the firm
denlec the report and added that il re-
lterausd its short crop estimates, and
tnat he crop had deteriorated since Sept.
-. l. Verpool was heavy buyer and New
OIle&1s also bought considerable
New York, Oct. atwood, Violet & Co
say or cotton: The worlds spinners are
lookl ng on with more concern to the move
meht OF the present crop than at any time
since the American war. Their mill stocks
are Delng rapidly depleted and the WISH
pie upplles OF American at Liverpool and
on l. he continent, as well as afiOat for Eu-
rope, are not of size to make them feel
comfortable as there is no pressure to sell
IRON TINS side. Why should there be with
a or op or only 6,500,00O, or 100000 less than
Eur ope alone took from us last year. while
the worlds visible supply of American on
saturday last vas only 3S7, coo bales larg-
er nan on the same day last year? Where
as the crop ending Sept. ], 1885, was $780,
wv Dales larger than the crop ending Sept.
!, ] SS4 Ellison says English spinners have
pee consuming since October last, 50 900
pal es, and the continent $4,000 bales week
~ OF all kinds of 400 pounds each or 1900
OOO pounds weekly consumed, and of these
POI inds at least So per cent. are American.
Can the south doubt its power under such
strength