The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-06

Cotton.-During the first part of the
week the market was decidedly hrm.
march selling up 10 S-29c. The strength
was primarily due to a much better mar
ket abroad and secOndarily 10 an appar-
tlt snow Of decreased receipts and some
Improvement in the political and financial
OUTLOOK Later. prices fell back. losing fully
= points, the weakness being attributed to
reversal OF above conditions Receipts
somewhat exceeded expectations. finances
III not snow any material Improvement,
ana Liverpool seemed TO ind its load TOO
heaVy, at least for the moment on Sat
uruay port receipts were some 400 bales
IA IA excess OF the same day last year, but
y cannot be too strongly insisted upon
tLldL port receipts now furnish no idea
u lne unmarketed portion of the crop.
= large part OF the counted amount in
slsht IS held in interior towns and il is
now the interior receipts which we musI
NNsdlch IN order TO estimate the final result.
~ course this fact is generally recognized
py Sne trade, but all the same one or two
Jays large port receipts have noticeable
erect on the market. For the most part
ne interior towns show a decided falling
Oh, yet lew points stand as exceptions,
anu would serve to perpleX the problem,
put for the fact that the holiday season
IS always subject to such irregularities.
Al the same time the movement has been
large enough to give sumo encourage
liIeIit 70 those who expect the crop to eX-
Ecu AgoV09 bales, but without at all dis
c0uraging those who think the WELD about
o'SV0,pO TO $4,000 At the commencement
OF the new year we are about 2 100 900 be-
dllce OF the year cannot lose more tuan
eVu,OW more to make the crop as mucn
as fV0O0. The prospect is for a further
loss OF certainly 100000 bales. The de-
Hland Tor cotton is on the increase, and
the trade will soon recognize that it is
premature to speculate on the assumed
pTooablhty of large crop, not only
painted, but made, next season. After
all there may not be any such heavy in
crease in the acreage as predicted by the
pears and with the removal of this con-
Jured up bugabOO of a big next crop, the
market seems in a fair way to do better.
Wheat--A better tone has ruled in This
market most of the week, and notably to-
ward the latter part. May advanced
ABOVE 6Oc and closed at Coo. There was no
especial news other than indications that
some show of improved demand for ex-
port. The government puts the whole
crop OF the country, winter and spring,
az 46LOOO,OO bushels, which is much larger
ing due to the enormous yield of the
spring wheat states. This heavy excess
In one section has been pretty much mar
keted, and has gone out of sight more
Is in no event large enough to justify
prices remaining at their present low
point throughout the season; for the
scarcity of wheat in the country at large
sharply than usual when they once com
mence to run down.
Provisions showed more activity and,
as expected, more strength. Pork has
advanced about soc barrel from low
point, and ribs 30d35 points. This was due
to better demand, and the fact that sup
pies are not so very enormous
certainly not enough so, to justify prices
ruling much lower than for fifteen years.
May pork closed 1875 and ribs $46712, and
the market now shows firmness sufficient
TO warrant Investment buying on the easy
spots. William T. Williams.