The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-05-22

ceipts, lis; gross, 1926; sales. 1.142; spin
ners, 223; stock, Is, 125.
Boston-Active; middling, ia; net re-
ceipts, l69; gross, 1876
Philadelphia-Quiet; middling, S; net re-
ceipts, 140; stock, 1902.
Daily Movements at Interior Towns
Augusta-Steady; middling, rs; net re-
celpts, 1872; sales, sos: stock, S,ll0.
Memphis-Dull; middling, 5-16; net re-
.ceipts, 127; sales, 600; stock, SS,S44.
st. Louis-Quiet; middling, 72s; gross,
SB; stock, 2S,64S.
Cincinnati-Steady; middling, 75s; net re-
celpts, IUI; stock, 1853.
Houston-Easy; middHng. 79s; net re-
ceipts, 2S3; stock 1892
Louisville-Steady; middling. ~.
Exports of Cotton This Day
New Orleans-Continent, 1880; coastwise.
90.
Savannah-Coastwise, SIS.
MISUNDERSTANDING, $40
mington-Coastwise 22T.
Norfolk-Continent, 10l6; coastwise, 40.
Baltimore-To Great Britain, 26; CONT
nent, S,13S; coastwise. 145.
f New York-Continent, 1920; forwarded
SIC.
Boston-To Great Britain, 9OS.
Philadelphia-To Great Britain, 1877.
Total foreign exports from all ports this
day: To Great Britain, 1,O66; to France,
none; to the continent, 10399.
Total foreign exports from all ports thus
lar this week: To Great Britain, II IFS; to
France, S,49S; to the continent, 1921.
Total foreign exports since Sept. l. 1896:
To Great Britain, 1921 492; to France, $780,
SAT; to the continent, 20l1, 527; channel s.
4S1.
Liverpool, May 21.-Cotton. spot, limited
demand; prices lower; American middling
fair, 17S2d; good middling. 47-S2d; Amer
lean middling. S-32d; low middling,
29-32d good ordinary, 25-32d; ordinary,
3 19-32d sales, 5000 bales, of which 300
bales were for speculation and export, and
included $500 bales American; receipts,
800 bales, all American. Futures opened
quiet, with a poor demand, and closed
quiet but steady at the decline; May, 402d
sellers; May-June. 4.0ld; June-July, 4d
July-August, 3.63d sellers; August-Sep-
TENDER S.59d September October, 3.52d;
October-November. S47d; November-De-
cember, 3.45d; December-January, Sad;
January-February, 3.44d; February March,
BAD.
New York. May 21.-Further weakness
was developed by the cotton market to-
day, cables being disappointing, the aver
age of crop accounts bearish, the demand
for spot cotton subsiding, and Fall River
reports were unsatisfactory. While Of
ficially called quiet at p. m, the spot
cotton market subsequently developed an
easier feeling for everything except strict
low middling cotton, for which there
seems to be an unlimited demand and a
readiness to pay full quotations. There
was very little speculation in futures. The
market gained in weakness as the session
progressed, but this was chiefly due to
persistent hammering and raids made by
the bears, who, in the absence of outside
speculative resistance. succeeded in dis
lodging several blocks of long cotton in
the afternoon, when prices reached the
lowest point of the session. At the low
he rlra cbo cd Nf
@12 points, with the tone finally steady at
a net decline of SOLO points.
New York, May H-noon: Cotton flu
lures opened steady at the decline; sales
$500 bales; January, csc; February
$500; March, 6.S6c; May, June and July
1890; August, 7.19c; September, $3.50; Oc-
tober sic; November, SIC; December,
6.75c.
New York, May q, p. m.-Cotton flu
lures closed steady at a decline; sales
105, 800 bales; January, 6.75c; March, 6.S3c;
June, 7.15c; August, 7.14c; October, 6.69c;
December, 6.72c; February 697c; May,
7.15c; July, 7.18c; September, oslo; No
vember, 6.69c
New Orleans, La, May Election fu-
lures closed dull and steady; sales, 1920
bales; May, 7.19c; June 7.14c; July, 7.1S0
7.19c; August, 6.92@6 $50; September, 6.5SD
$3.50; October, 6.46G647c; November, GAO
6. 49c; December, 6.50q651c January, 6.53
az SIC; February, 6.56d6. Sc.
New York, May 21.-Riordan & Co. say
of cotton to-day: "The cotton market was
more active to-day, but the activity was
the result of free liquidation, and prices
were lower The discouraging attitude of
the Liverpool market continued this morn
ing, futures there declining 2-64 and the
spot sales being very small Our market
opened points down. During the entire
morning it was very dull. There was
some little demand and an advance to the
closing figures of last night was actually
scored, but the bulls have become dis
gusted by the dullness and depression IN
the market, and in the afternoon they
liquidated their holdings freely and 10
point break ensued. August opened at
719p advanced to 722c, declined TO 7.12c,
rallied to 715c and closed at 7.140715c,
with the tone of the market steady at
the decline. Considering the small out
side interest in cotton, the decline has now
been quite sharp. and on any further
break purchases for a quick turn might