The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-01

New York. Aug. 31-Total net receipts
for the year. 9S,557 bales
Philadelphia, Aug. S1.-Total net receipts
for the year, 45,4l4 bales.
Mobile, Ala, Aug. 31-There should ha
added 10 net receipts of cotton since Sept.
l, 1895, at this port 700 bales, making a
total of net receipts for the year 2OS SIG
bales.
Charleston, Aug. S1.-There should be
added to Charleston net receipts since
Sept. /, 1895, 14OO bales, making a total of
net receipts for the year, 292, 1886 bales
West Point, Aug s1.-Total net receipts
for the year, 1883 bales.
Texas City, Aug. 31.-Total net receipts
for the year, 54,O19 bales.
Norfolk, Va, Aug. 31.-There should be
added to Norfolk net receipts since Sept.
l. 1895, S22 bales, making the total NET re-
ceipts for the year. 3i4, 124 bales.
New Orleans, Aug. 31.-There should be
deducted from exports to the continent
from this port since Sept. 1, 1885, $50 bales
Exports coastwise on Aug. Y, should have
been % bales. Total net receipts of cotton
for the year, 1,SO9,S64 bales.
New York, Aug. 31.-Riordan & Co. say
of cotton: 1.-THE last day of the cotton
year has been marked by decided change
of feeling among traders. This morning
Liverpool sent us another break and many
expected that the decline here would con-
tinue, but the opening showed a loss of
only a few points, January selling at
1870. The bears sold January down to
7.50c, in the expectation that when that
price was touched there would be a fore
ed liquidation of great deal of long cot
ton upon stop orders. But Just the re-
verse happened. The posting of the quo
tations of 1850 disclosed the fact that
there was a great demand for cotton at
that price. The frightened bears lost no
time in buying back the cotton they had
w ar
January had sold at 775c. In the final
tradings there was recession of a few
points on realizing sales, but the close was
steady, with January at 7.71d772c. The
dismal accounts coming in by mail show
that the recent rains south, in most cases,
came too late to save the crop. There
was a. general disposition to-day to re-
duee crop estimates. and there were many
recruits to the band of traders who pre-
dict Decent cotton this fall. The demand
from the western mills is said to be partly
from the refusal from the banks on ac-
count Of the silver scare to make further
loans upon manufactured goods. But the
feeling to-day was that a big shortage in
the crop would overcome all obstacles and
give US a bull market"
New York, Aug. 31.-The New York Sun
says of cotton Cotton declined slightly
at the opening, but rallied and advanced,
closing at a net Improvement of to 16
points, with the tone steady and the sales
POS, 700 bales.
"To-day's features: The lower cables
from Liverpool, together with indications
of a continued heavy crop movement,
caused a decline early in the day. The
! decline was slight, however, and even
this was soon recovered and an advance
followed, the closing prices being about
the highest of the day. The official
weather report showed that no rain had
fallen in the southwest for the forty-eight
hours ending at s O'Clock this morning.
New Orleans bought, nervous shorts COW
cred, and in the absence of any decided
selling pressure, prices advanced easily.
| 1t was reported that Runge, the Texas
cotton authority, says that the recent
rains in Texas did little if any good, and
that that state will not raise over 2000,-
900 bales. This report induced some new
buying for local account. The signal SER
vice predicts for the next thirty-siX hours
continued fair Gather, excepting local
showers in Western Texas, Oklahoma and
Indian territory. The spot markets in
this country were more active"