The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-09-22
II. ID. SPERRY IL CO.,
-uEALERs N
Southern Securities,
zS9 Z GERMAN ST, BALTIMORE MD.
Entire issues bought. Advances
made on marketable cOIIateraIs.

eary, sic; February. S.31c; March, SIC;
april e.ioc: Nay. 6f5c.
Ne~ Orleans. La. Sept A--Cotton fu-
lures closed steady, sales, -5,sly bales;
september. sac; October, soc; NOvem-
geI, t-socs December. SOLE January, 6-o5cs
ssuruaf., soc. March, SHE; April, e-llci
NAY, sic; June, N25c.
New York, September H.-The total Wis
5yle supply OF cotton for the World Is
1880 bales. Of which z,gl5o 80 bales are
amer can against l,sll,asl bales ana lsa4ss-
- pales respectively last year. Receipts
81 cotton this week at ali interior towns
~ iy9 oaLes. Receipts from the plantations,
A52a4 bales. Crop IN sight Pa, $50 bales.
new York. Sept. N.-RiOrdan & CO. say
o. COTTON to-day crop accounts con-
slanuy growing worse, more liberal re
eeipts and no material change in the price,
teils the whole story OF the cotton market
uurlus lie past week Liverpool to-day
esoiea good advance, but the effect Of
lhls was Onset By comparatively large re-
eelptss ana by the fact that the reports
from the south. in the Financial Chronicle
ms morning, were not quite so bad as the
yulis 1ad expected, and January sold on
tne cali az SIC and s.zsc- little later the
pressure OF selling orders had caused
Januasy 10 decline TO &c, which was the
lowest Of the day. After some triling
fluctuations January closed at S24c and
e@2c, With the tone quiet and steady. The
lars are rather encouraged at the decided
increase IN the receipts during the last
rev Gays. They confidently predict that
the rapid opening Of the bOlls, forced by
the not weather. Will result in such a
rush OF cotton 10 the ports early in Octo-
Der as VIII cause the disparity between
the present movement and that Of last sea-
son 10 temporarily, at least, disappear.
lney declare that sentiment cannot sus-
tain prices in the fan Of swelling receipts
ana heaEy stocks pressing upon the mar
kets' ana they claim that whatever cotton
may 90 later IN the season, there must be
material decline from present quotations
before the trade viii consent to lift the
burdens OF the incoming crop from the
shoulders OF those who must carry it, as
II leaves the plantations. This. In a nut
sneH, IS the bear argument. The bulls on
the other hand, claim that the crop, what
ever IL snall amount to, is already made,
that good weather or bad weather here
after cannot materially affect the yield .
that henceforward every week that passes
VIII make the serious character Of the
shortage more clear to everybody; that
trade rs too good, both here and abroad,
Tor spinners TO be willing to run the risk
the inevitable result will be a continued
GOOD demand as the season advances, with
decidedly higher prices.
II seems to US that the bulls are right:
II the predicted rush of receipts in the
next fortnight shall come there may be
frequent and perhaps, short reactions, but
upon all such reactions we favor buying q"
New York, Sept. 2i.-Atwood, Violet &
60. say Of cotton to-day: Southern SPOT
markets to-day are reported to be 1-l6G1sc
hlgner ana eastern spinners buying freely,
Win lnGlcaGo1S Of a continuance next
week: They are evidently repeating then
foresight OF last autumn, when they
bought the cheap cotton largely, where
as their English competitors, unwilling
10 buy cotton when IL was SC, waited until
mat IS nkely TO occur again In the near
future. We anticipate a large and active
demand from English and continental
sources WITHIN the next ten days"