The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-08-04

excess OF any previous week this sea n.
Rosin advanced sc to -25l4c. with some
sales, but the price was too high for the
foreign exporters. and the tone of the
market became dun. Cotton remained
quiet and steady and unchanged. though
futures were advancing. The Wholesale
markets were steady. with fair bust
ness doing during the half day.
The following resume of the different
markets win show the tone and quota
tions at the close to-day:
COTTON.
The local market remained quiet and
steady and unchanged. with no interest
displayed In the spot market TIE advance
IN futures had no effect upon the local
market, as offerings are not sufficient to
create an active market.
The following were the official quota
lions, at the close of the market, at the
Cotton Exchange to-day:
Good middling .........................61 1916
hluullhs ACKNOWLEDGEMENTS. ll-l6
LOW, HlqullhB .......-.-..-.............6f
Go9d ordinary ..........................6
Market, quiet, steady; sales. Is.
savannah Receipts, Exports and Stocks
1ecelPts TINS Gay OBSERVATION-DISCLOSURES.
same Jay last year ...-.............. 2G9
Receipts since Sept. !, 80 ............9 f3. 33i
Same time last year 81 .O5l
Stock on hand this day ............. ASH
az
Receipts and stocks at the ports
Receipts this day .................... $50
This day last week ................. ~
This day last year Observation-Disclosures. SIS
Total receipts since Sept. j, 1891. 1895 .sii
Same time last year ................5.sT 1 43.
Stock at the ports to-day.......... 1923 $50
Stock same day last year ........ Zlb.UI
Daily Movement at Other Ports
alveston-Steady; midding, 6ss. net r,-
ceipts, 100; sales 2lO. stock. 9. 72j
New Orleans-Quiet, middlug. G'.: ret
rres,ceipts' 4; gross "a sales, 200 stock. e.-
Mobile-Nominal: middling. 67.: net ae-
ceipts. Z; stock. 5.3i9.
oCharleston-Quiet; middling. 6ss. stool X.
Milmington-Firm; midilng. G7s; stock
Norfolk--Quiet; middiing. 7: net receipts.
Baltimore-steady; middllng. *; net nv
celpts, none; gross, SO, stock, sos
New fOrk-Steady; middllng. a.: net 70
celpts, none; gross, none; sales. 30. stock
172 Gil.
Boston-steady; middling. rs; net re-
CENTS, none; gross, ?.
neutrality-suspicious.; middling, rs; net
receipts, 50; stock, 1869
Daily Movement at Interior Towns-
Augusta-F'irm; middling. "a. net re-
ceipts, TO- sales. $50. stock, 4l2O
2O27.
St, Louis-steady; middHng. G1i-le: net
receipts, none; gross, 81: sales i36. stock
Cincinnat-Quiet; middllng, 7; net re-
celpts, ~; sales, 400; stock, $50
Houston-Quiet; middling s-l6; net re-
ceipts, 81; sales so; stock, !, S23
Exports of cotton this day
New Orleans-Continent %; coastwise, g.
Norfolk-Coastwise 90.
altimore-COastwise 200
Boston-To Great Britain, 327
Total foreign exports from all ports to-
day and thus far this week: To Great
Britain, S27; to France, none; to the CONT
nent, 25
Total foreign exports since Sept. !. 1894:
To Great Britain, 3,422, l03; to France, 772,-
1913; to the continent. 2,41I26S.
New York, Aug. 3, nOon.-Cotton flu
lures opened firm; August, 6,S5c; Septem-
Der, o.94c; October, csc; November, 1000;
December, 70Sc; January, 7l5c
New York, Aug. 3. p. motion fut-
ures closed quiet and steady; August, 6.94Q
695; September, 6.97a6.9S; October, 7.01GJ
Z02; November, 1850 o6; December, 7.l0Q
III; January, Ll50I16;, February, 1909
72l; March, 7.2Ja726; sales, 1900 bales.
New Orleans, Aug. 3.-Cotton futures
steady; sales. 1890 bales; August. ga:
September, 669; October, 673; November
6S; December. 6.s2 January, 6.SS; Febru-
airy, 693; March, Sos; April, 7.02.
New York. Aug. 3.-The total visible sup
ply of cotton for the world is 2,77676 bales
of which 2,46l. $40 bales are American;
against 2324,955 bales and 1865, 1855 bales
respectively last year. The receipts of
towns We're 3,479 bales The receipts from
the plantations were none; crop in sight
is $685. l5l bales.
New York, Aug. 3-Riordan & co. say
of cotton The disquieting crop accounts
that have been coming in lately from pri-
vate sources, received somewhat uneX-
pected confirmation this morning in the
careful. and always conservative. reports
of the Financial Chronicle. The bears
Were very much taken aback. Prices shot
up half a dozen points at the opening
and in a short time had climbed 3 or /
points further. There was heavy selling
to realize profits, but in the early trad
ing the market hungTily absorbed all Of
ferings without any material recession.
little and prices yielded > or points. but
a part of the loss was recovered. Octo-
Der opened at $3.50, advanced to 704c re-
acted to cents and closed at 70lI7 O2c
with the tone quiet and steady. The course
of prices in the immediate future is go
ing TO hinge entirely on what is believed
here as to the crop conditions and pros
poets. Our own impressions are that the
cotton crop. as a whole, is more seriously
ana irreparably hurt than the trading
world is now inclined to believe. Certain
ly ideal cotton weather for the next six
weeks, together with a postpOnement Of
killing frost until an unusually late date
might swell the yield beyond what now
seems probable, but we hardly think that
under the best conditions. we can now
hope for more than a very moderate crop.
Trade prospects are bright, and any in
dication Of serious reduction in the pro-
an important advance in prices The feel.
ing here now is that in any case there is
little danger Of any material decline. We
favor more than ever buying cotton on
every recession.