The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-06-13
COTTON.


Cotton Exchange to-day:
Good middiing NEUTRALITY-SUSPICIOUS.. ~
Middlng Observation-Disclosures.
Low mlddhng '''..''.'......'....,........ SIS
Coca ORDINARY ,''..'''''.....'.... ..612
Market. nominal; sales, none.
Savannah Receipts, Exports and Stocks {:
Receipts this day ACKNOWLEDGEMENTS. II
Receipts this day last year ......... 20
Receipts this day year before last =. 307
Receipts since Sept. l. 1896, ........... S39, 294
Same time last year .749 713
Same time year before last ........9lO, 665
Exports, coastwise, this day ....... IS
Stock on hand this day ......,....... 15,136
Same day last year .................. 1874
Receipts and stocks at the ports
receipts TINS DAY .................... 6S3
This day last week ................ 1857
This day last year .................. els
This day year before last ........... 207S
Total receipts since Sept. ,'96 -. 6,577, 1872
Same time last year .................5 10, 526
Same time year before last .........7, SS9, 97S
Stock at the ports to-day ........... 257,740
Stock same day last year ........... 277,6S9
Daily Movements a Other Ports
Galveston-Steady; middling, Sic; net
receipts, 1O7; gross, 1O7; sales, 1856; stock
1858.
New Orleans-steady; middling. 5-1s;
net receipts. S75; gross, S75; sales, 7OO;
stock, 59,722.
Mobile-Nominal; middling, IA; net re-
CelplS, % gross o. Stock, 4,0Jl.
Charleston-Steady middling, IA; net
receipts, 2; gross, 2; stock, 1877.
Wilmington-steady; middling. ~;
stock, 1892
Norfolk-Steady; middling, 9-16; net
receipts, II; gross, II; stock, 6,794.
Baltimore-Quiet; middling, rs; stock,
1872.
New York-Steady; middling, Ills; net
receipts, none: gross, none; sales, 11S3
spinners, 1,424; stock, 124,134
Boston-Steady; middling, 11-16; net re-
ceipts 66; gross &C.
Philadelphia-Quiet middling, 1916;
stock, 3747
Daily Movements at Interior Towns
Augusta-Steady; middling, ia net re-
ceipts 81; gross, 81; sales, %; stock 3.971
Memphis-Firm; middling, 3-16; net re-
cepts, 50; gross, 1853; sales, $50; stock, U.s.
$50.
st. Louis-Quiet; middling. 5-16; net
receipts, 30: gross, 50; sales, 200; stock,
t3,45S.
Cincinnati-Quiet; middling, tx; net re-
Seipts, BIC; gross, 316; sales, 200; stock,
500
Houston-steady; middling, 7 SIG; net re-
ceipts 40; gross, 40; stock LAST
Louisville-Quiet; middling 73s
Exports of Cotton This Day
Galveston-To France, 6,043.
Mobile-To coastwise, 1888.
Savannah-Coastwise, %.
Charleston-Coastw 200.
Norfolk-Coastwise 534.
BostOn-To Great Britain s.
Total foreign exports from al ports to-
DAY and thus far this week. To Great
Britain, g.
Total foreign exports since Sept. l. 1886:
70 Great Britain, 1866, $50; to France, 691, =
6y9; to the continent, 2,068, 100.
Liverpool, Pune Y, p. m.-Closing cot
ton, spot, very dull business; prices lower;
American middling, fair, 7-32d mddling
I-S2d; low middling, 3 29-32d; good ordi-
nary 25-S2d; ordinary 19-32d; sales 1900
bales of which 1000 were for speculation
and export and included 21OO American
Receipts, 500 bales, all American; futures
opened quiet with moderate demand,
closed steady at the decline; June. 4.O2d
June-July, 401d402d; July August 4D
4Old; August-September, 361d; September
October, S.54aS.55d; October November,
3.4SaS. 49d; November December, S.46d;
December-January, 3.44d3 45d; January
February S-4id345d; February March,
S.45d buyers; March-April, S46d
New York, June p noon.-Cotton flu
lures opened steady at the decline sales
5,lOO bales; January, 6.77c; February, 6.s0c;
March, 6.Sic; June, 7l3c; July, 7.15c; Au-
gust, 7.13c; September, 6SSc; October, 6.72c;
November 610c; December 6.72c.
New York. June u, 1 p. m-Closed steady.
sales 21,900 bales. Closing: January, 679c;
February, csc; March, 6.S6c; June 7l6c;
July, Tic; August 715c; September, 6.9Oc:
October. 6.74c; November, 672c; December,
6.75c.
New, Orleans. June 12-Cotton futures
quiet and steady; sales, 5000 bales; June
7.20c bid; July. 7.2O0723c; August, $500
cole; September, 6.62d6.6Sc; October, 6.46G
6.fc; November, 6.4Sd650c; December, $50
a65lci January, 6.5ld6.56c; February $3.50
6.6Oc; March, 6.6ld6.63c.
New York June 12.-Riordan & Co. say
of cotton: THE cotton market has broad
ened this week Neither the fluctuations
nor the dealings have been sensational.
but the market has by no means been an
unnteresting one. The various reports
that have been published favored the
bulls, and in the early part of the week
the bears were in full retreat. Covering
by them caused a sharp upward move.
ment, and a good advance looked imni-
nent, but II was not to be. The demand
Tor actual cotton was limited. and the
speculative demand still more So The
bulls, In their turn finding that prices re-
fused TO 80 higher, lquldated freely ana
the whole advance and more was lost
To-day Liverpool was q shade lower and
our market opened slightly down. The
trading was only interesting because OF
good buying on the part OF the leading
bear. August opened al 712c advanced 20
Il6c and closed at 7150i7. Ice, with the tone
OF the market steady.
The weather in the south has become
reasonable. The sentimental effect OF this
mas been marked. The majority Of oper-
ators feel that cotton will decline. They
argue that a late start does not mean a
small crop; that the plant Is doing nicely
now that the month OF June. almost in
Nariably, IS favorable to the growth Of
cotton; that with good reports being re-
ceived from the fields the already small
speculative demand viii dwindle away al
last TO nothing, and that lower prices will
result
The arguments Of the bulls are worthy
OF consideration. They claim Il 10 be
Iolly 10 sell cotton al these prices. with
the whole growing season before as: with
me very small stocks everywhere and with
ne undoubtcd signs OF business revival
llr-n. NJ Nm m. lan.- rhnu nn-rL NJ a..