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

Daily movement at interior towns
Augusta-Steady; middling 67s net re-
CENTS, 2,ll4; gross, S,O56; sales, LAG; stock,
52,220.
ACCOMPLISHMENTS; middling, 63s; net
receipts. 1923; gross, 4,2S6; sales. 200;
stock, 116,OO4.
St. Louis-Duu; middling. Z; net re-
ceipts, 7sS; gross, -2,O26; stock, A,74S.
Cincinnati-Steady; middling, rs; net
receipts, 2,7S stock, $3.50.
Houston-Quiet; middling, Z; net re-
ceipts, 9T74; sales, ~; stock, $3.50.
Louisville-Quiet; mddling, T.
Exports of Cotton This Day
Galveston-To Great Britain, 1888.
New Orleans-Continent, IA.
Mobile-To Great Britain, 1O,297; coast
wise, 4S9.
OBSERVATION-DISCLOSURES S64.
Norfolk-To Great Britain, 1884; CONT
nent, 1900; coastwise, 1,795.
Baltimore-To Great Britain, $3.50; conu-
nent. 1855; coastwise, 1000.
New York-Continent, $3.50; forwarded,
1,15S.
Boston-To Great Britain, 1856
Philadelpha-To Great Britain, 5S1.
Total foreign exports from all ports this
day: To Great Britain, 81, 420 to France,
none; to the continent, 1850.
Total foreign exports from al ports thus
far this week: To Great Britain, 40 AS;
to France, 36,S09; to the continent, 1852.
To Great Britain, 1,465,795; to France, 3i2,
| go; to the continent, $40. 10.
Liverpool, Dec. IL, 1880 p. motion. de-
mand fair and prices easier; American
middling, 4 7-S2d; sales. 10000. American,
$500; speculation and export 800; receipts,
26,0O0, American, 25400. Futures opened
weak with demand moderate; American
middling, low middling clause, December
| January, 4.0ld; January-F February, 1000
ACID; February March, 4.00d; March-April,
AprlrMay, 4.00Q4Old: May-June, 40l9
| 402d; June-July, July-August 4.02d. Flu
lures quiet, but steady. Tenders at to-
! days clearings, 300 bales new dockets.
12:45 p. m.-American spot grades, 1-16d
! lower; American middling, fair 15-92d !;
| good middling, 7-32d; middling, 4 5-32d:
| low middiing, 5-16; good ordinary, 15-16d; ;
! ordinary, Sad.
! 4 p. m.--December, 401d values; Deem
ber-January, S.62d3.63d sellers; January
| February, S.62d sellers; February March.
! March-April, 3.62d buyers: April May, 1862
@365d buyers; May-June, 3.63d36id sellers
June-July, 4.OOd sellers; JulyAugust 1000
4,01d sellers; August september, 5000 sd
sellers. Futures close irregular.
New York, Dec. II, noou.-Cotton flu
| lures opened steady; December, 6.95c; Jan
uary, 7.O9c February, 7.14c; March, 7.2ic;
April, 7.S0c; May, 1850; June, 7.iOc
New York, Dec. H. p. m.-Cotton flu
December, zoe; January. 7Nc; Februa-
ry, 7.14c; March, 722c; April, 7.2Sc; May
7,S4c; June, 1880; July 7.42c; August 7.4Sc
New Orleans. Dec. 11.-Cotton futures
steady; sales, 1920 bales; December, csc;
January, 6,7Sc; February, 6.S6c; March,
6.95c; April, 7.O1c; May, 7.07c; June, 712c;
July, Tic.
New York Dec 11.-Riordan & Co, say
of cotton: There were no such wild
changes in the cotton market to-day as
made yesterday, memorable date among
the traders. March opened at 7.24c, rallied
to 726c. declined to 7.16c, and after fire.
quent intermediate fluctuations, closed at
Z. 22d7. 23c, with the tone steady
Almost everybody seems to think that
cotton is not far from bottom. The bulls
declare we have already seen the lowest
prices; while even the bears say that it
| will do to buy cotton when March touches
seven cents. Our own belief is that while
| prices may go lower, nobody who bought
cotton to-day, is going to be impoverished
| by his losses. We would rather buy than
sell"
New York, Dec 1.-THE Sun says of cot
ton: Spot cotton here was unchanged.
The sales were ISL bales for spinning and
500 delivered on contracts. The specula-
ton to-day was feverish and the fiuctua-
lions in prices were frequent. The Liv-
erpool news was better than had been ex-
pected in view of the sharp decline here
| Yesterday and at the opening to-day the
tone was firmer, but the indications point
ed to an increased interior movement for
the week. Local longs sold, and in the alb
sence of support, prices reacted and de-
clined. The southern spot market was
duh and generally lower, and the large es-
timated receipts at New Orleans to-mor-
row induced some selling. At the de-
| cline however, shorts covered, and Liver
pool was a good buyer here in the undo
ing of straddles. New Orleans showed
more disposition to buy here than for some
time and the cheapness OF the price
brought in some inside. The quantity to
come into sight this week is estimated at
34OOOO against 322, 600 last year. On Jan.
if is estimated the quantity in sight will
approximate 6,170 600 bales, against 6, 4O3, OOO
in the 100000 year.
New York, Dec. 11.-What Silsby & Co.
say of cotton: Liverpool cables were
lower at the opening this morning, owing
to Yesterdays decline in our market, ana
the close showed a loss of about points
under Yesterdays closing prices. Our
market opened within fraction of yes
terdays close, and a loss of about 10
points was scored during the first half
of the session, when moderate buying set
in. and prices advanced gradually, clos
ing about points under the opening. AL
though the interior movement was large,
vet prices held up fairly well, and the
close was firm. There is a great deal Of
comment afioat in reference to the govern
ment crop report, but the general impress
sion seems to indicate a shortage of about
100000 bales in the estimate, which would
place the final estimate at little over
100000 The present decline seems to
have discounted a crop of about that
amount, and the most persistent bears
state that bottom has been reached, and
even the "moss-back' spectators are be.
ginning to unlock their tin boxes for the
purpose of buying little cotton"