The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-11-04
COTTON.


III is discouraging to record another
slump in the value of cotton, but never
the,ess, such is the case. decline of
L. took place to-day in the local mar
ket Some people think that the price
will go still lower but the friends of
cotton are still anxiously waiting for a
reaction.
At the first call, at the cotton Exchange,
the market was bulletined quiet and steady
at 1-l6c decline from yesterdays closing
prces with no sales; at the second call
il was unchanged, with sales of 81 bales,
and at the last call II was bulletined quiet
and easy at another decline of 1-16c, with
sales of so bales. The total sales of the
day were SIG bales.
The following were the official spot quo
tations, at the close of the market, at the
Cotton Exchange to-day:
Good middling .........................5ls
Nliddling ........................... .5A
Good ordinary ..:.,'.'''.'..:''.......-f7
Market quiet and easy; sales, SIG.
savannah Receipts Exports and Stocks;
Receipts this day ACKNOWLEDGEMENTS. $50
Receipts this day last year .......... 5,216
Receipts this day year before last :. 5,444
Receipts since Sept. /, 1897 .......... .4SS S74
Same time last year ..................32 1876 $50
Same time year before last ........ .315, col
Exports, coastwise, this day ........ /, 294
Stock on hand this day ...............1S 4,O7S
Same day last year 7....................139 lbs, 619
Receipts and Stocks at the Ports
Receipts this day ...........,........ So $50
This day last week ................. 5,107
This day last wear ........... 41O5
This day year before last ........... 95O55
Receipts past five days ........... 1882
Same days last year ............ POI, 1868
Same days year before last ........ 1916
Total receipts since Sept. l. 1897. q, 1856, 81
Same time last year ................2,5 sos, 265
Same time year before last ......1, 73S, 461
Stock at the ports to-day ......... 75075S
Stock same day last year ......... i, 122, 200
Receipts This Week Last Year
Saturday. 3S4 Wednesday ....H1 O5
Monday. 56,966 Thursday ......42,573
Tuesday. sc, 9OS Friday .........64, 524
Daily Movements at Other Ports
Galveston-Easy; middling, 55s net re-
ceipts, 1902; sales, So; stock, 2OSSS2.
New Orleans-Steady; middling, 5 7-16;
net receipts, 1870; gross 16, 494; sales, 1000;
stock 199147.
NIobile-Easy; mddling, 5ss net receipts,
4sO; sales, 800; stock, 1854
Charleston-FirTn; middling, SIG; net
receipts, $685.; stock. 1856.
Wimington-Quiet; mdding, 5l9; net re-
cefpts, 1929; stock, 80, POI.
Norfolk-Steady; middling, 81; net re-
ceipts, 4,670; sales, 755; stock, S4,SS
Baltimore-Nominal; mddling, 50; gross
1850; stock 1852.
New York-DulI; middling g. gross re-
ceipts 1880; sales, ZIG; spinners, 16; stock,
65,7S0.
Boston-Quiet; middling, 6; net receipts,
1905; gross, 406S.
Phladelphla-Quiet; middling, 81; net
receipts, 461; stock, 4,7S7.
Daily Movements at Interior Towns
Augusta-Firm; midd1ing, 5 9-16; net re-
ceipts, 1902; sales, $40; stock, 1861.
Memphis-Steady; mddling, 7-1S; net
receipts, 1899; sales, $500; stock 6S,332.
ST Louis-Quiet; middling, 51a; net re-
ceipts, 1888; gross 9l6S; stock, S1,064
Cincinnati-Quiet; middling, SIS; net re-
ceipts S7S9; stock, 71A.
Houston-Quiet; middling, 51a; net re-
ceipts, 10,SO7; gross, 1,4E; sales ZIG; stock.
54691.
Louisvile-Quiet; middling, SIS
Exports of Cotton This Day
Galveston-To France, 9,717; to the con-
tinent, SOL.
Mobile-To Great Britain, 2s4S.
avannah-Coastwise, 1924
Charleston-Co astwise, 1852.
Norfolk-Coastwise 4,169
New York-To France, lob; forwarded,
1,Ol9
Total foreign exports from all ports this
day: To Great Britain, 2,S43; to France,
10 100; to the continent, ISL.
Total foreign exports from all ports thus
far this week: To Great Britain, 1880;
to France, 1888; to the continent, 6062S.
Total foreign exports since Sept. 1, 1897:
To Great Britain, 7040S6; to France, 1874, 745;
TO the continent, sos 6S7.
Liverpool, Nov. g. 4 p. m.-Cotton, spot,
fair demand; prices lower; American mid
ding fair S5sd good middling, 1920;
American mddling, 3 5-16d; low middling,
3-16d; good ordinary 8 1-16d; ordinary,
Esd. The sales of the day were 1900
bales of which 1000 were for specula-
ton and export, and included 1890 Am
erican; receipts % 400 bales, all Ameri-
can. Futures opened steady, with a mod
crate demand and closed steady; Ameri-
can middling. low middling clause, No
vember, 3.1S@314d, Sellers; Nevember-De-
cember, 311Q3.12d, sellers; December-Jan-
uary, 3.11d, buyers; January-February,
3lld, buyers; February March, 311qS.12d,
buyers March-April, S12a3.13d; April
May, 3.13Q314d sellers; May-June, 3.14Q
3l5d, value; June-July, 3.15d3.16d, buy
ers; July-August, 9.16@317d buyers; Au
eust-September, 3.17d31Sd sellers.
New York, Nov. 9.-The cotton market
opened to points off, ruled feverish and
very unsettled early in the session. with
the tendency steadily downward and at IL
o'clock irregular at a net decline of 10 to
II points. Sales to that time were 10000
bales The principal influencing factors
were weak English cables and a failure of
Mondays predictions for killing. frosts
over the cotton belt to materiaize. A
feature of the trading was local
LIQUIDATION and active southern sell
ing. About the only support the
market received was the. covering
by timld shorts who were driven in by the