The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-02

hut Stendy.
Savannah, June THE Board OF Trade
inaugurated its regulur summer Satur-
days closing at , o'clock to-day. and
no business was transacted in the market
after that hour. The mornings trading
was quite brisk and prices in both spir-
its turpentine and rosin were firm. Cot
ton declined 1-16c on the weakness Of New
York futures. The Liverpool exchange
was closed in observance Of Whitsuntida.
The local wholesale markets were quiet.
but steady. The following resume Of the
different markets will show the tone AMI
the quotations at the close to-day;
COTTON.
The Liverpool exchange was closed to-
day in observance OF the Whitsunday holi-
days, and the New York market was weak
and about 10 points lower. The influence
OF the controlling market caused weak
ness ~ the local spot market, ana l-l6c
was lost from yesterday closing. At the
Cotton Exchange at the regular call, NJ
O'Clock, the market was bulletined quiet
at l-l6c decline on all grades. The local
receipts of local cotton were only p
bales. The sales were 1870 bales.
The following Were official spot uqota-
lions at the close of the market at the
cotton exchange to-day:
5000 Middling .....--.....-.-..........t
dluullnB .--..........---.... ..----.......--B
1000 ordinary .......-................. 80 lilo
OL4hdaIy .-.-.: ......-....- ....ss...s.o72
Market, quiet; sales. Y bales.
savannah receipts, exports and stocks
Receipts this day .................... 3S2
Same day last year ..................... $50
Receipts since Sept. ], 1891. 1881, $50
Same time last year ...................9 $40, 342
Exports coastwise, this day ........ 100
Stock on hand this day .............. %, $50
same last year ....-....... .-.......... 1913
Receipts and Stocks a the Ports
HeCG1ntg /
This day last weck................. 2,91S
This day last year.............-...... 3.SlS
Total receipts since sept ], 1S94.....7, S29, 069
same time last year. ..............5,I ~, 5el
STOCK at the ports to-day ........... 5li, 1853
stock same day last year........... 421, ass
Daily Movement at Other Ports
GalVeston-Steady, middling, SIS; net re-
ceipts, 49,; sales. S.: stock. 19,473
New OrleaEs-Easy middlins. z; net re-
ceipts, l6, sales, 800; stock. 155676.
Mobile-Nomlnal; mddling, 6s; net re-
ceipts. 10; stock, 1000
CnaEleston-Quiet: middling, 6Ss; net re-
ceipts none; stock, 25.217
Whining ton-Firm. middling, SIS; net
receipts, Z; stock, II .5l3
Norfolk-Steady; middling, 62i net re-
ceipts, 8; sales, 40; stock. 20S37.
BaltimOre-Nominal; middling, 3-16; net
receipts, none; stock, II, Oh.
New York-Dull middling, IA; net ~e-
ceipts none; gross, 1l5; sales, none; stock,
Boston-Quiet; middling, Z 5-16; net re-
ceipts 81; gross. ,45l.
Philadelphia-Quiet; middling, Z 9-16; net
receipts, $50; stock, 1854.
Daily Moyement at Interior Towns
Augusta-Dull; middling, Z; net receipts.
%; sales l.J09; stock If $50.
Memphis-Steady: middling. 67s; net re-
ceipts So: sales, IS; stock, 1881.
st. Louis-Quiet middling SIS: net re-
ceipts, p; gross, 500; sales, none; stock,
Cincinnau-Steady; middling, rs; net
receipts, 253; sales, 400. stock, 1l,076.
Houst5on-Quiet; middling,. 81; net re-
ceipts, 81; sales, So stock, 60iS.
Exports of Cotton This Day
New Orleans-To the continent, $3.50;
coastwise, 1924.
Mobile-Coastwtse IS.
SaVannah-CoaStWiSe 1870.
Charles ton-CoaStwis 444.
Wilmin gton-Cca stwise, 335.
NOrfolk-CoastyVise 9.
New York-Forwarded. 5.
Total foreign exports from all ports to-
day and thus far this week-To the CONT
nent. $3.50.
Total foreign exports since Sept. l, 1884,
To Great Britsin, 3,2S2,5l0; TO France, 1885,
6l3; to the continent, 2333.6l5.
New York, June /, NOon.-CottOn fu-
lures opened barely steady June 7O5c;
July, 7.l2c.; August, 7.16c; September, 7.19e.
October, 72lc.
New York, June 1.-Cotton futures
closed easy; sales, 1880 bales. June,
7O0c; July, 705c; August, 70Sc; Septem-
Der, 710c; October, 713c November, Use
December, 71Se; January 123c; February,
New Orleans. June 1.-Cotton futures
steady; sales, $500 bales. June ana July.
6.94c; August, S.99c; September, $3.50; Oc-
tober, CSC; November 6.S0c; December,
6.93c; January, $3.50.
New Orleans, June l. Commencing
Monday June 5. and every Monday there
after. until October, the New Orleans
Cotton Exchange will open al 1905 a. m
The closing each day, except Saturdays.
will be at go p. m On Saturday it will
be the usual hour-12 noon.
New York Jun 1.-The total visible sup
ply of cotton FOR the world is :, 674, $50 bales
oh, ,1r-
against S326,6i1 bales and ?, 1875, AL bales re-
spectively last year. The receipts of cot
ton this week at all interior towns We're
II $3.50 bales. Receipts from the plantations
were 15,7S9 bales. Crop in sight, 1853 1893
bales.
New York, June 1.-Riordan & Co. say
of cotton to-day: The week ended with
a decided set back for cotton. The sudden
change to very warm weather throughout
the cotton belt has caused a correspond
ing change in the temper of the market.
Liverpool being closed neither bulls nor
| bears could get any announcement from
that quarter, ard at the opening the atti-
tude of traders was rather undecided. But
the selling out by a few holders soon start
ed general selling movement, and Au-
gust, which opened at 716c. only a point
lower than Yesterdays closing prices,
gradually declined to 7.0Sc, closing at the
| lowest of the day, with the tone easy.
Many of the bulls who took their profits
at higher prices, are by no means averse
to good reaction. But the crop has had
I c.
and we cannot gree with those who think
that three days Of good sunshine can undo
the damage of weeks Of very unreasonable
weather. We believe that the present crop
has to pass through a very trying ordeal
and that at the best there cannot be a
yield even approximating to that of last
season. The market for the next six weeks
will probably be a lively and fluctuating
one. Possibly prices may recede further
next week but we regard 1t as reasonably
certain that declines will be but temporary
and we advise our friends to buy upon
every break"
NAVAL STORES.
Spirits Turpentine-The market was
firm, with several buyers bidding for re-
ceipts at the quoted prices. At the Board
of Trade, at the first call, at II O'CLOCK
the market bullentined firm at 27e
with sales of ,260 casks. At the regular
Saturdays closing call, at 1880 p. M ii
closed firm at &c, with sales of 277 casks
Rosn-The demand continued strong
and the sales were quite large At the