The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-12-01

June, 4lIq4lZQ puyeTss y He-JulNs 4l2d
buyers; July-August, 4.l2d4.1Sd buyers. Flu
lures closed very steady.
New York, Nov. 80, noon.-Cotton flu
lures opened easy; December, 740c; Janu-
airy, 7.4Sc; February, 1860; March, 1859;
April, 7.6Sc; May, 77Sc
New York, Nov 80, p. m.-Cotton flu
lures closed quiet and steady; sales, 1900;
January, 76Oc; February, 167c; March,
774c; April, 7.79c; May, 7.S4e; June, 7S1c;
July, 1900; August. 7.92c.
New Orleans, Nov. 30.-Cotton futures
steady; sales, 49, 450 bales; December 723c;
January, 1850; February. 74lc; March,
1850; April. 7.55c; May, 1850; June, 764c
New York. Nov. 30.-Riordan & Co. say
of cotton: 1.-THE decline in Liverpool to-
day caused a lower opening here, January
selling on the call at Ease and
747c, but the demand far exceeded the sup
ply, and in less than ten minutes January
had advanced to 1850. Then there was A
reaction in the price TO 7,54c, followed by
a fresh advance, January climbing to 7.6Sc,
and after minor fluctuations, closing at
7,60@761c, with the tone quiet and steady
The cause of the Improvement was the
general expectation that the movement
this week will be lighter, owing to the
spell of bad weather through which the
south is now passing. The bulls claim
that this decrease in receipts will be only
the prelude to a permanent and general
contend that temporary obstruction of
the movement will only result like the
damming up of a stream in the accumula-
ton of cotton, which will break out when
the weather clears in larger volume than
ever. But all seem to agree that the re-
ceipts in the immeoiate future are likely
to be smaller. In case the cotton market
should advance, we advise our friends to
unload their holdings whenever ley can
do 50 al a profit
New York, Nov. SO.-The Sun says OF
cotton: Spot cotton here unchanged;
Liverpool declined 1-16d on the spot with
sales of 10000 bales. Futures declined 3iA
to points, but recovered part of the loss,
closing very steady at a net decline Of
to 2la points.
Futures here opened unchanged TO
points lower, but rallied and advanced II
points on the active months, then reacted
slightly, closing al a net Improvement of
to points, with sales of 1872 800 bales.
The decline in Liverpool depressed prices
here at the opening. The loss was quick
ly recovered however, and prices ad-
vanced. Shorts covered freely, the south
bought here and there was some new buy
ing for local and out-of-town account
The sharp rally was due to the freezing
weather reported a the south, which, tits
expected, will interfere with the crop
movement this week. The receipts to-
day were smaller than had been expected,
both at the ports and interior towns, and
the estimate for New Orleans tomorrow
was small, as compared with last weeks
and last years figures. The receipts az
the ports this week are now estimated
at 100000 bales. and some estimates are
considerably smaller than these figures.
The NewDurger Cotton Company of Greu~
ada, Miss, estimates the yield at $4,000
bales'
Kew York, Nov 3O.-What Silsby & Co
say Of cotton: Liverpool spot cotton
opened this morning with prices easier
Futures opened quiet, with moderate de-
mand, to points under Saturdays close,
and closed very steady at a gain of 2
points for the day. Our market opened
to points under Saturdays close and
ruled strong to firm throughout the day
The shorts rushed to cover imm ediately
after the opening and prices advanced
sharply, when good buying set in, owing
to the decrease in receipts, and the upward
movement was continued throughout the
session. The close was steady. within a
fraction of the highest. kilograms receiv-
ed on the floor, and by us, Indicate a sharp
talllng OIL in receipts from now on, and we
are hrmly convinced that such will be
the case, owing to the large movement for
the past few weeks. We are in recent of
letter from one of the largest brokers
in Boston, in which it is stated that there
is more inquiry there for cotton than for
some time past. The southern markets
are all quiet and firm, and report little
more business doing We continue to rec
ommend the purchase of cotton on all de-
pressions."