The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-05-23
COTTON


Low mIddling .........''.....''''.''..
Good ordinary ...............;;....:......
Market dull and easy; sales 6.
Savannah receipts, exports and stocks
8 Receipts this day Observation-Disclosures. l46
4 Receipts this day last year ...,...... 5S8
4 Receipts this day year before last 7SS
II Receipts since Sept. l, 1896. ........".SS6,O9 9
81 Same time last year ...................74l,S9 7
q Same time year before last 1921, 539
Exports. coastwise, this day ........ $50
"a stock on hand this day (actuaD go. 1854
"a Same day last year .................... 1918
Receipts and stocks at the ports
Il Receipts this day ....,.........-.... S,Al4
Il This day last week ................... ESQ
81 This day last year ......-........-.... 1865
This day year before last ......... 2.9l3
Total receipts since Sept l, 1896. &C, 542, 937
Same time last year ...............5, 1854 ,274
same time year before last ........7, 81. 4Sl
stock at the ports to-day .......,.. 35S, 926
Stock same day last year ...,........ 1863, AS
Daily Movements at Other Ports
Easy; middling, Z SIG; net re-
ceipts. IA; sales, S1s; stock, 36.6l5.
New Orleans-Quiet; middling, rs; net
receipts, 1927; gross, 1920; sales los stock,
8, ASP
Mobile-Quiet; middling, n; net receipts,
IS; sales, $50; stock, 1878.
eston-Steady; middiing, rs; net re-
ceipts, l91; stock. 1905.
MISUNDERSTANDING; middling, TX; net
receipts, 8; stock, 4,1S5.
Norfolk-Steady; middling, III; net re-
ceipts, 1,22O; sales, 1872; stock, 1850.
Baltimore-Dull; middling rs; stock, H.
057.
New York-Steady; middrng. IA; sales
SG7S; spinners, 2,37S; stock, 15O747.
Boston-Quiet; middling, "a; net receipts,
y a. gross, 81.
Philadelphia-ouiet; middling, s; net re-
ceipts, 1884, stock, 1886.
Daily Movements at Interior Towns
Alphabetically; middling rs; net re-
ceipts. As; sales, 3o2; stock, 1871.
Memphis-Dull middling. IA; net re-
receipts, Y; gross, 1S7; sales, 600; stock
& 81, ga e .---- --
st. Louis-Quiet middling, 5-16; net re-
4 ceipts, "a; gross. 295; sales, 629; stock, H.
Cincinnad-Steady; middling, rs; net re-
cepts 1876; sales, 500; stock, 3,401.
Houston-Quiet; middling, 5-16; net re-
cepts ga; sales. 81; stock, 1928.
LouisviHe-Fair; middling, rs.
Exports Of Cotton This Day
II Galveston-To Great Britain, 6,3A.
II New Orleans-To Great Britain, 1926; to
Il the continent, 200; coastwise, $50.
Savannah-Ccastwise, 595.
Fl Norfo.k-Coastwise 2S9.
Total foreign exports from all ports to-
day and thus far this week: To Great
Britain, LILO; to the continent, 200.
Total foreign exports since Sept. l, 1896:
To Great Britain, 1852; to France, $780,
VIZ; to the continent, 2,014,227.
Liverpool, May p, p. m.-Closing cot
ION, spot, dull; American middlng, 4 3-32d ;
ales of the day were 5000 bales, of which
20 were for speculation and export and in
.luded 1890 American; receipts 1900 bales
Including 800 American; futures opened
Easy with a moderate demand and closed
teady at the decline; American middling
ow market clause, M, 402d; May-June
Old; June-July, 3.63Q4.00d; July-August,
SD; August-September 35sd; September
october, 352d; October-November, 347d
uyers; acknowledgements. 345d; De-
ember-January, 3Ad; January-February,
I'D; February March, 3.44d.
New York, May 22.-The cotton market
advanced to points to-day, chiefly on
coverings, following a better class Of ca
bes than looked for, reported threat OF
cold wave from the northwest to the
southwest, and continued activity in the
spot department. The-sales of spot cotton
to-day reached 3,07S bales, including 100
bales for export and 257S bales for spin
hers. Good business was reported at full
quotations. Shorts tried to cover, but
found few sellers. The close was steady,
az net advance of to 3 points.
New York, May 22.-noon. Cotton flu
lures opened quiet and firm; sales, 300
bales; January, 6.79c; February, 6.Sic;
play. 7.16c; June Z. l9c; July, Z. &c; August,
-l1c; September, Csc; October. enc; No
vember. 6.7lc; December, 6.74c; March,
lures closed steady; sales. IS, 200 bales; jan
nary, 6.7sc; February, 6.s2c; March, 6.s6c;
May, 7l6c June, Tic; July, Zoo; August,
10; September, 6S6c; October, 6.72c; Novem-
Der, sic; December. 6.74c.
NeW Orleans. May 22.-Cotton, dull;
eales. $500 bales; June. 7.i497l6c July,
lsaI .l9c; August, 6.9lQ6.92c September,
"A 5IW6osc October, 6.4506. &c; November.
n 9ln6fSc; December, 6.49dS50c; January,
'Ssd5 SIC; February. 6.5506.57c.
new YORK, May 2. -Riordan & Co. say
~ cotton: Great dullness and a gradu-
Eiiy sinking market have marked this
week IN cotton. The decline has been OF
ESIhe Importance, and has fully justified
nc expectation that In view Of the UNI
Eetsiaetory condition OF general business,
10 with the strength OF the statistical po-
l.lon as the sole support 10 prices. some
Ntselon was almost a fOrcgone conclu.
'on' To-day the market was very dull
liverpool held her own on future quota
IN out the sales OF spot cotton IN that
alhet were again most Encouraging.
w qemand from local shorts caused the
,a'het here 20 open a Few points higher
"nen their wants had been supplied
'ased again. The net changes for
qay was trninR August opened at
- advanced 20 i9c. declined to Tic
+ee clo.ed az 7.i6Q7.i7c. with the tone OF
n u, market steady.
me market in the near future will prob-
oy continue narrow. with favorable OBJ
,,-nlties for acalplng operations, but
inducemcnt FOR o serious campaign
.'her side. The fluctuations promise
Nv, governed at present BY the weather
rom the south and the taklngs
60
Day ''''" Jay
me- progress OF the new crop win. OF
r,, pe the ail-imporfaut factor IN de-
lung me ultimate course Of prices. In