The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-17

The following were the Official spot quo
tati0ns, AT the close of the market. at the
Cotton Exchange to-day:
Good middling ....--....-.-.......-.-..-.
Miudiing .-.--.-..-.--.-.--.-..-... - = I'd.
Low milullns .--.--------...-...... . 20
Good ordinary OBSERVATION-DISCLOSURES. OLD
Market quiet; sales, O..
savannah Receipts, Exports and Stocks:
Receipts this day ACKNOWLEDGEMENTS. 30
Receipts this day last year .......... ls4
Receipts this day year before last AS
Receipts this day in 1873 ......-..---..- ~
Receipts since Sept. i, 1888 .......-...l S5, zl2
same lIne last year $500. -,..i' s5l
Same time year before last ...........9il ,1-l
same time IN 1915 ..----......-...-.-..ti9 DO ~
Stock on hand this day ............... 23,l3j
same day last year .-.--..-...-..--.-.. ZllZ3
Receipts and stocks at the ports
Receipts this day .................-. Z,JJ2
This day last year ...--............. a,hi5
This day year before last ........... ISIS
Total receipts since sept. ], 'yJ...-5 1il, ~
Same time last year ...............t, ty8,5 l5
Same time year before last .........a,t 3,v65
Stock at the ports to-day .......... .,9i,69l
Stock same day last year ..........- 0t5, ly3
Daily Movement at Other Ports
GalVeston-Quiet; middling, "a; net re-
ceipts. i5li stock, 29l54. .,.,,.
New Enthusiastically; middling, ll-l6;
net receipts, l54; gross, 215; sales, 1000;
Mobiie-Nominal; mlddling. rs; stock, s.
Charleston-Quiet; middling. rs; net re-
ceipts, 2i9; stock, 1919
Wilmington-Steady middling, "a; net
receipts, 10; stock, J,ll4
Norfoik-steady; middrng, 1916; net
receipts, AS; stock, 17,2S9.
Baltimore-Nominal; mddling SIS; gross.
$50; stock, ETA.
New York-Dun: middling. SH; net re-
ceipts, 1905 gross, 49i; sales, l39
Boston-Dull; middling, 80; net receipts,
$50
PhiIadelphla-ouiet; middlng, So; net
receipts, go; stock, 1898.
Daily Movement at Interior Towns
Alphabetically; middling, rs; net re-
HwFg sol
Nemphis-Steady; middhng, 9-l6; net
1880.
receipts. AZ; gross, 1,S25; sales, Col; stock,
Cincinnati-Qulet; middling, "a; net re-
cepts, 1.455; stock, 2,S6l
Houston-Quiet; middling, "a; net re-
ce.pts, 345; stock, l9.08l.
Louisville-Quiet; middllng g.
Exports of Cotton This Day
Gaiveston-To Great Britain, 5,193.
New Orleans-ro the continent, ST.;
coastwise, ESQ.
MObile-Coastwise, 129.
ACKNOWLEDGEMENTS 100.
Baltimore-COast wise, 792.
Observation-Disclosures, 1l0.
Total foreign exports from all ports to-
day and thus far this week-To Great
Britain, 1858; to France. none; to the con-
Total foreign exports since Sept, /, 1895
TO Great Britain, 2.094,72S; to France,
453, $50; to the continent, l624,2l4
Liverpool. May IS, 1890 p. motion
quiet; prices easier; American spot grades
l-s2d lower; American middllng. fair,
1891 good middling, 7-l6d; middling.
ll-S2d; low middling, AID; good ordinary,
4isd; ordinary, i5-16d; sales, 1900; Ameri-
can, 640O speculation and export 500; re-
ceipts, 5000 bales; American, Is, 400 bales.
Futures opened quiet, demand moderate;
May. 4.l6d; May-June, 4.15d4l4d; June-July
413Q4.12d; July-August, 41l6L10d; August
September, 4:0SQ4Wd; ACKNOWLEDGEMENTS,
s03.63d; October-November, 35Sd; Novem-
ber-December, 3.56Q3.55d December-Jan-
uary, S.56G355d; January-February, 3.55d.
Futures quiet at the decline.
p. m.-American middling, 11-32d; May
415fpi.16d, buyers; May-June, 414Gri.15d,
buyers; June-July, Al2d buyers; July-Au-
gust, 4.l0Q4l1d, buyers; August-Septem-
Der, S.63d4d, buyers; October November,
35Sd sellers; ACKNOWLEDGEMENTS, Deem
ber-January, 3;56d, buyers; January
February, S.56d, sellers; February-March
3.57d, sellers Futures closed steady.
New York, May 16, noop.-Cotton futures
opened easy May, June and July, 5000;
7.20c; November, 7.10c.
New York, May IS, p. m.-Cotton fu-
lures closed steady; sales, $4,000; May,
S.eSc; June. sole; July, SO3c; August,
S.O6c; September. 1890; October, 7.26c. No
vember, 714c; December 7l4c; January,
7.l6c; February 7.2Oc; March, 724c.
and steady; sales, 1880; May, 1899; June,
7.6lc; July, 762c; August, 7.54c; Septem-
Der, 703c; October, csc; November. 6.S2ci
December, 6.S5c; January, csc; Febru-
New York, May 16.-The total visible
supply of cotton for the world is 2S4l, 161
bales. Of which 2,S47961 bales are Ameri-
can, against 1896 ~ bales, and 352l,92
bales respectively last year. Receipts Of
cotton this week at all interior towns, 49,
047 bales. Receipts from the plantations
Il, POI bales. Crop in sight, 6Tl3,l44 bales.
New York, May 16.-Riordan & Co. say
of cotton to-day: The depression in Liv
er pool and the fine crop accounts caused
a lower opening here to-day, August sell
ing on the call at S.03c, October at 720c
and December at 7.09c. Mr.. Inman wa,
heavy buyer Of the winter months, o.
which he is believed to be short, his eX
ample found imitators among the room
traders, who are also short Of the same
months. The result was a gradual recOV
cry Of several points, which became mos
pronounced in the last fifteen minutes, Au
gust closing at S.06c bid, October at 1926
bid, and December at 7l4c bid, with tn,
tone steady. The course Of prices as [,
September and the latter months depend
entirely upon crop conditions, though Their
may be occasional rallies, and perhap
sharp ones, We do not believe that any
thing short of widespread and irreparabl
disaster TO the crop can prevent a grad
ual but material decline. As to the sum
ner months, which now command the alb
normal premium of almost a cent mound
as compared with the later deliveries. tn
question is far more complicated. Tn
shreWdest operators here seem to thinl
lndl Delofe the emu OF august most o
the existing difference between Augus
and September will in some way have dis
appeared, but how this result will be ac
complshed, and whether or not it will ID
preceded by the squeeze of contract cot
ton to 9 cents, or higher, as has bee
threatened for some time past. opinion
differ widely. The new crop now promise
to be an early one. and unless somethin
should occur to change the outlook in hi
respect. We, ourselves rather incline t
the belief that we have already seen tn
highest prices for August but the possibil
tiles of manipulation are so large ina
we would not advise anybody to sell an
of the summer months. We favor sale.
however, of the fail and winter month
upon every rally
New York, May 16.-The Sun saws of COT
ton: Cotton declined l to points. but r.
covered part of the loss on the nea
months, closing 1 to 2 points lower; ia
distant months recovered all of the los
ana advanced ] to 3 points, closing stead
with sales OF $500 bales. To-day's fea
lures: The Liverpool news caused tb
early weakness in this market Tn
weather adyices continued favorable. an
the Chronicles weekly report was hear
lsh. But though the crop news was favor
able, the next crop deliveries to-day wer
the strongest in the list In fact the
showed a small net Improvement vhii