The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-12


tauons at the close of the market, at the
/ cotton exchange to-day:
] Good Middhng ..............-.....-.....6 GIG
] Mlddhng ....-..-...-............... OILS
! Low Mluulng ...-.....-...4.-.-..-....-.6
! Good ordinary .-.........-.............5
/ ordinary ..........................
Market steady; sales none.
savannah Receipts, Exports and stocks
! etcelpss inns Jay '..................- 6Zi
receipts since Sept. ], 1891 ......... .922. go
Same time last year ..................94g $50
/ Stock on hand this day .............. q. 94j
| Receipts and Stocks at the Ports
Receipts this day Observation-Disclosures. SS1S
/ This day last week ................ 1851
Total receipts since sept. j. iS9i. 4. 742. 5sj
/ Same time last year .7iS 1903
/ Stock at the ports to-day.......... 500 S25
Stock same day last year. ......... so 945
Daily movement at other ports
Galveston-Quiet; midding, ga; net re-
/ ceipts, 2GS stock. 33.ei9.
/ New Orleans-Firm; middling 81 net re-
/ ceipts, 2,2S9: sales, 800; stock, 2l469S.
! Mobile-Nominal; middling, 3-16; me-
/ ceipts, ?. stock. 1881
| Charleston-Quiet middling, Ga net re-
] ccipts. As: stock. 81. 334
| Wilmington-Steady; middling, So; net
| receipts, ~; stock. 1891
| Norfolk-Dull; middling. 5-16; net re-
| ceipts. 239; sales. 20; stock, 20.070.
! Baltimore-Nominal; middling. 67s; net
| receipts, none. gross, $50; stock, 1855
/ New York-Steady; mifdlng, Ga net re-
| ceipts, none; gross, l06i sales, l66; stock
! 222 996.
Roston-Quiet; middling. ga net re-
| Philadelphia-Quiet; middling. z; net re-
/ ceipts. 4.6S3. stock, ~. 7C5.
Daily movement at interior towns
| Augusta-A part, midding, 6izd6%; net
/ receipts, 1871; sales, 2S3; stock, 1889.
| Memphis-Quict; middling ga; net re-
| ceipts. 1873; gross, 252; sales, 200; stock, 3D.
st. Louis-Quiet; middling, GA; net re-
/ ceipts, 100; gross, 800; stock. 9,2lO
Cincinnati-Steady;m iddling. SO; net re-
ceipts. 147; sales. coo; stock, 9.5l7
! Houston-Quiet; middling. ga net re-
| ceipts. 102S; sales, .; stock, $3.50.
| Exports of cotton this day
| New Orleans-To Great Britain, $500; to
! France, 6791; to the continent, 1854; coast
wise, 123.
France, -; coastwise. 500.
New York-To Great Britain. 1895; to the
| continent, 1884
Philadelphia-ro Great Britain, 4G05.
Total foreign exports from all ports thus
| far this week: To Great Britain, l5,OS; to
| France. 6,797; to the continent, 33SS.
! Total foreign exports since Sept. /, "a
To Great Britain. 31S9 697; to France, 75i,-
| S73; TO the continent, 2.262S72.
/ Liverpool, May II, Noon. -Cotton-Mod-
! crate demand. Prices easier. Sales, est
! mated. 1000 bales; American, $500 bales
| speculation and export 800 bales receipts,
! 14G00 bales; American, 1860 bales. Ameri-
! can middling, 3Ssd Futures opened easy;
| demand moderate; American middling,
I IS j
| July. 1884; July-August, $50 also S26; Au-
| gust September, 1886, also 3.37; September
| October. 3.37, also 33S; NoVemberDecem-
Der, 1888, also $40; MISUNDERSTANDING .4l,
also $40. Futures weak at the decline.
Liverpool May II, ! p. m. = Cotton
American middling, 19-S2d. Futures 49,
May 3.34 buyers; May-June, 1884 buyers;
June-July. 1886; JulyAugust, 1886 buyers
August-September 3.37G33S sellers; Sep
TENDER, October $3Sa339 sellers; October
November, S.S9Q340 sellers, November
| December. 340M3.H; December-January,
341G3.42 sellers; January February. 3.42n
8 AZ sellers February March. g. 43Ua A val
ne: futures closed steady American mid
ding, fair, S-16d; good middling. 3%d;
low middling, 3 15-S2d; good ordinary,
3 11-32d; ordinary, 3 5-32d.
New York, May n.-NOon-Cotton fut-
ures opened barely steady; May, 6.65c;
June, 6.53c: July, 6,5Sc; August, 6.62c; Sep
tember 665c; October, 6.G9c.
New York. May H. 4 p. motion fut-
ures closed steady; sales, 81, 400 baes; May,
6.62c; June, 6.55c; July, $500; August, 6.65c
September. 6.6SC October, 6.73c; NoVem-
Der, 6.76c; December, 6.S0c; January, CISCO
February, 6.9lc; March. 6.96c.
New Orleans, May n.-Cotton futures
steady sales, 2S 800; May, $500; June 6.35c
July, 6.41c; August. 6.45c; September. 6.45ci
| October. 646c; November, $50; December
6.53c; January, csc.
supply of cotton for the world is 4OO5, 25y
bales, of which 3,6l7.05S bales are Ameri-
can against S,G56,Sl6 bales and Sl06,6lt
bales, respectively last year. The receipts
| of cotton this week at all interior towns
| were 3,Sl4 bales The receipts from the
9,46l, OSl bales.
New York, May 11.-Riordan & Co. says
of cotton to-day: THE fluctuations OF
the week in cotton leave prices at the
close to-day about the same as those
! of last Saturday. The slump caused YES
terday by the vague and inconclsive
statments of the bureau was not ade-
quately reflected in the Liverpool decline
to-day and the market, after the open
ing, began to harden. August, after sell.
I ial a & nd
to 6.6Sc, but many who bought at the
low prices of yesterday preferred to Sc
cure their profits rather than carry their
/ ventures over Sunday, and there was sur
! fcient selling in the last fifteen minutes
to cause a slight reaction at the close
The close was steady, with August 6 500
6.66c. The chances are that for the next
few weeks we shall have a weather mar
ket. with the fluctuations governed Bv
the varying reports of the outlook In the
cotton belt received here from dav Ia
day. But the most conservs tive operators
| seem TO agree in the opinion that there
is scarcely possibility that the next CROP
can even approximate the yield of the last
one, while every day strengthens the con-
viction that the year win be one of active
business, revived prosperity, enormous
! consumption and higher prices even the
most pessimistic Of the bears does not
/ expect cotton to decline to the low quo
| tations of last winter. While the uossi-
Bile advance, in case of a bad season is
very great, we advise buying cotton on
New York. May 12.-Clapp & Co. $ review
OF cotton: Fhe Georgia Agricultural Blu
reau claims that state viii show decrease
in cotton acreage of 20 per cent Louisi-
ana official repous indicate Is per cent
decrease in acreage Our Texas advices
indicate the acreage will likely be 10 Der
cent. less than last year. and if rain does
not soon come the yield viii be light The
! statistical position Of cotton seems very
| strong. The subsiding of wild speculation
in futures in this market is a DEPRESSING
feature. Appearances indicate large hold
ers have hquidated and newborn bulls
! and spinners hold the unsupported balance
of a large crop, which now shows only 3
small amount in sight in this country
The larger part of the 1894 crop appears
in second or third hands at unusually low
| prices. The use of fertilizers has doubt
less been less than for many years The
weekly government report just out claims
plenty of moisture has fallen in the cotton
! belt, and fears of drought are mostly