The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-02


Receipts same time in 1884 ...........-. 929 ~
receipts same time in 1898 -.---...-..It6. Ice
exports to-day, coastwise ..-..-..-... 1910
Exports to-day, foreign .-......-...... SIN
Exports past week, coastWise, ..-..... 3s3l
Exports past week, foreign .....-.... 3lTl
EXporls since Sept. l, TO Great Bri-
Sdln 1885
10 rance ACKNOWLEDGEMENTS. zb.3ig
To the continent ACKNOWLEDGEMENTS Isl 3l2
Total foreign .343 0i7
Total cOastWlse ACKNOWLEDGEMENTS S 1875
stock on hand this day ............... 30.S7l
Stock on hand same day last year 80. % 3g7
- receipts and stocks at the ports
Receipts this day NEUTRALITY-SUSPICIOUS.. 5.926
This day last week ................ l3.774
Ihis day last year .-................ 1880
This day year before last ......... 1856
This day in 1893 ............-.-..-..,s...~ 4al93
Receipts past week .................. 80. 023
same week last year ................ 5.4S3
same week year before last ......... 1851
same week in 1898 ................... 80 96S
Total receipts since Sept !, 1895. q. A, 966 6O2
same time last year ................7,7l5S5 l
same time year before last ........5, 1886
same time IN 1873 -....-.........-....4,19l, 1856
Stock at the ports to-day ........... AIS, 995
stock same day last year ........... 6I5,SO0
DAILY Movement at Other Ports
alveston-Steady; middling, 7s4; net e.
ceipts, ~; sales, y; stock, 3l,565.
New OrleanS-ActiVe, middling, rs; net
receipts, 4SS; gross, 2'147; sales, 1850;
Mobile-Dum; middling, TX; net receipts
%; sales, 100; stock, Is, 295.
Charleston-Steady; middling, ~; net
Wilmington-Firm middling IA: net re-
cepts, 1873; stock, 4,74O
Norfolk-Steady; middling. ia; net re-
celpts, 25l; sales, 1S9; stock, 1858.
Baltimore-Nominal: middling, SIS; net
receipts 733; stock, 10,625.
New York-Quiet; middling 3-16: net
receipts. 90; gross, 2,547; sales, 1856; spin
Boston.--steady; middling, SIS; net re-
ceipts. 446; gross, $50.
Phlladelphia-F'irm; middling 1915; net
receipts, 50; stock, 1926.
Daily Movement at Interior Towns
Augusta-Steady; middling, 1916; net
receipts, SO2; sales, 23S; stock, 1888.
Memphls-Steady; middling, re- net re-
celpts, ~; sales, loo; stock, 81, 5s7.
st. Louis-Steady; middlng, 75s; net re-
cceaipts, n; gross, 5Sl; sales. 600; stock, a.
Cincinnati-Quiet middling, 10; net ~e-
ceipts, 1922 stock, 4,101.
Houston-Steady; middling, 794; net re-
celpts, 4y5; sales, II; stock, p ,666
Louisville-Firm; middling, 79t.
Exports of cotton this day
GalVeston-To Great Britain, 4,24O.
New Orleans-TO Great Britain 46H
MObile-Coastwise 5S2
1910 49,
lmingtOn-Coastwise, l49.
Norfolk-Coastw 1O7
o, New York-Continent, $3.50; forwarded,
Boston-To Great Britain, 2,2s4.
1ota1 foreign exports from all ports this
day: To Great Britain, Il, It's; to France,
none; to the continent, $3.50.
Iotal foreign exports from all ports
1882; to France, 500; TO the continent,
Total foreign exports since Sent. l. 1885
TO Great Britain, 2,042,405; to France, 444,-
$50; to the continent, 1885, 995.
Liverpool l2:SO p. M Cotton: Demand
dSs RTdIee saas Tm o AMERICAN mid
can, 1000 bales speculation and export
800 bales; receipts, 1900 bales, all AmerI-
can; futures opened steady; demand poor;
May, 4;l9d; May-June, 41sd; June-July,
4l6di August-September, Aid; Novem-
beT-December and December-January
800; January-F February, 3.60d; futures
steady; tenders, 100 bales, new dockets
A p. m.-American middling low middling
clause, May, 419d buyers; May-June 4 1Sd
sellers; June-July, 4.15d4.16d buyers; July
August 4l4u4.15d buyers; August-Septem-
Der Aid buyers; Observation-Disclosures 03d
Seuefs; October-November, 3.61d sellers;
Novemb er-December and December-Jan,
uary, 800 sellers; January February.
$500 buyers; February March, 36Od sell
ers; futures closed steady.
New York, May !, noon.-Cotton futures
opened steady; May, ZS8c; June, 791c;
July, 189c; August, 1929; September, 74Oc;
New York, May Up. motion futures
7.SSc; June 1890; Juiy-August, 1910; SEP,
TENDER, 742c; October, 7.27c; November
DECEMBER s. 1 717c: January, 72lc; February,
New Orleans May 1.-Cotton futures
quiet, steady; sales, u, 100 bales; NAV 4 &c:
June 164c; July. 1920; August. 1886; Sep
CSC; December, csc; January, 6.S7c.
New York, May 1.-Riordan & Co. say of
cotton to-day; The squeeze in cotton for
delivery in, May and the summer months
made further progress to-day, although
Liverpool shows scant sympathy in the
rise. June which displays most strength
crossed cents, and the close was steady
at near the highest prices. August omen
ed at I;sSc' advanced to 1880, and closed at
197c bid. Mr.. Inman sold several thou
SAND bales at the advance. He says that
the trouble is now to prevent the advance
from becoming too rapid. Meantime, Oc-
tober is only one point higher for the dav
and November and December no higher
al all. The crop accounts are all that
could be desired, but the crop next fall
no matter now big, will hardly help those
who have sold cotton to Mr.. Inman for
delivery during the summer"
New York, May 1.-The Sun in its re-
view of to-days cotton market, says:
Cotton closed steady, with the near
months TO points higher and the dis
tant months unchanged to 2 points up
to-day at the start was due to the dis
appointing Liverpool advices. Prices in
that market have made but a slight re-
Spouse to the sharp rise here recently.
and to-day the spot market there was
less active. But subsequently prices rail-
lied and advanced. Then, too, there was
a general buying here. The spot mar
kets at the south in some cases were
higher and more active, and the exports
from the ports were of liberal proper
lions.
New York, May Hubbard Bros. &,
Co., in their weekly cotton circular, say:
For some time past the trade has felt
that the statistical position of cotton Of
fered an opportunity for a squeeze before
the end of the season, and that this was
particularly true of our market, which
owing to a combination of circums tances
was selling on a lower basis as compared
with the European markets than for sew
eral years. That this opportunity should
be acted upon by one of the largest houses
in the trade is not surprising, and the re-
suit of the effort will be watched with in
terest by all connected with the trade
The stock in New York has been slowly
diminishing for some time past under the
demand for export, until at the time
of the May tenders it stood at
about 142 600 bales; of this stock it is I'M
derstoOd that 5000 bales are under en-
gagement for export, 10000 bales for Liver
pool and the balance for the continent
These shipments reduce the available
stock to 126,000 bales. Allowing an aver
age of 500 bales day for spinners pur-
chases during the summer, 10000 to 80 900
bales to be exported and the stock so
reduced could be easily controlled.
This is the situation. and it is so ap-
parent that most commission houses are