The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-11-28
COTTON.

tqtiOnS, at the close OF the market, at the
Cotton Exchange to-day:
Good middling .........-..-....,.......59
Middlng ........''...'..'...s.. ..91s
Low Low middling 1915
Market-steady; sales, spots, SIS; f. o. b..
1850.
Receipts this day ACKNOWLEDGEMENTS. 1885
Receipts this day last year ........... HOBS
Receipts this day year before last E. 1922
Receipts since Sept l, 1897 ..625, 400
Same time last year =. ................ 465,560
Same time year before last .......... 4O6, 1867
Exports, continent, this day ......... 1913
Exports, coastWise, this day ......... 81
Stock on hand this day .............131 ,3l2
Same day last year .:.;;............11S,S5O
Receipts and stocks at the ports
Receipts this day .-................., 63,g49
This day last week ................... 60,215
This day last year ....,............ 49,Sl6
This day year before last .::;;...... 81, 055
Total receipts since Sept. !, 1897 -. 758, 4S4
Same time year before last ......2, S., 0S7
Stock at the ports to-day .......... 954, AIS
Stock same day last year ........1 143, 059
Receipts this week last year
Monday. 80 40 Thursday 1851
Tuesday S56 Friday .,........42, 1876
Daily movements at other ports
GalVeston-Quiet; middling, 53sc; net re-
ceipts, 14.S4S; sales, 569; stock, 21S3S6
New Orleans-Steady; middling sac; net
receipts, 2S,251; gross, 24674; sales, 500; stock
Mobile-Quiet; middIing, 8-16c; net re-
CENTS, ,2,371; sales, $50; stock, 29,6S3.
00dTl6SloH-IIuIeI IlluulllS, o-lOCs net
receipts, 1,S76; stock 43j19.
Whining ton-steady;. middling, 53sc; net
receipts, 1920; stock, S41SO.
Norfolk-Steady middling, 51ac; net re-
ceipts, 1928; sales, 1870; stock, 1884.
lumore-Nominal; middling, 59sc; net
receipts. 1907 stock, p, sos
New York-Steady; middling, 1880; net
receipts, n; gross, 4,501; sales, IS; stock,
o. B2ston % tgtss midd 5s 5816o net re-
PhiIadeiphia-Quiet: middling, 61-16c;
net receipts, GAS; stock, 1,779.
Daily movements at interior towns
enthusiastically; mddling Tic; net
receipts; 2 495; sales S97; stock, Am.
ceipts 4433; sales, $500: stock 1928.
Exports of cotton this day
Galveston-To Great Britain, 1911 to
France, $3.50; to the continent, $40; coast
New Orieans-To the continent, 1O,4Oo
Mobile-To Great Britain, 1854; coast
savannah-To the continent S,s18; coast
wise, 81.
Charleston-To the con tinent 1888; coast
Norfoik-C oastwise. 5,4S7
Total foreign exports from all ports this
tain, - 1876; to France, 14l35; to the CONT
Total foreign exports since Sept. /. 1897:
To Great Britain, 1908. 1913; to France, 321.-
Liverpool, Nov. H.-Cotton, spot, mod
mddling, SAd; sales, 5000 bales, of which
500 were for speculation and export, and
included $500 bales, all American; receipts.
steady and closed barely steady, with "a
moderate demand american, low middling
clause fI N0yemb g f., 3l2d sellers; Noyem-
January 3O9G31Od buyers; February
March, 9.1Cd buyers; March-April 300
Sid buyers; April-May, May-June, S13d
sellers; June-July, S14d buyers July-Au-
gust 3.15d3 16d sellers; August+September
led buyers
New York, Nov. 27.-Cotton futures
opened steady; sales $500 bales; January,
5lc; February. 575c; March, 5,S0c; April
9e NaE 65c oS oSSG &C. !uy SSsG
New York, Nov. 27.-Cotton futures clos
ed o steady sales g. 100 bales Oo January
5S7c; May, 5.92c; June, 5.96c; July, cole;
August 6O5c; September, 6.05c; october,
New Orleans. Nov 51tG 27GCotton futures
quiet; sales 1880 bales; November, 5.230D
526c; December 5.24G5. 26c; January 5.35
5i6c April 5.50d5.51c; May, $5.50d5.51c;
June. 5;60a5.61c; July, 6,65Q5.67c; August,
New York, Nov. 27-Riordan & Co. say
Of cotton to-day: what meager element
Of victory there is in the weeks trading
in cotton, rests with the bulls. The gain
since last Saturday is so trifling however,
Us to be hardly worthy of notice. The in
dications given then that the market would
continue dun for some time, were not mis-
leading, and the extreme fluctuations this
week have been within q range of ten
points. To-day. the trading was decidedly
undressing.
Liverpool advanced one point Our mar
Eet opened slightly lower but the absence
of selling pressure was marked. and the
loss was recovered and slight gain es-
tahished. January opened at Sic adj
N3nced 10 5.75c, and closed as 573 to sac,
With the tone of the market steady.
The immediate future outlook has little
OF Encouragement in it for either bull or
Ne1r The probabilities are in favor of a
oontnuance for the present of narrow fuc-
,17tOns. The movement is sufficiently
ho7Ny 10 crafty the most ardent bear but
!, Is quite evident that present prices have
discounted this feature TO a great extent,
eel that every one is satisfied to wait
4 iWlh'r developments. There will certain
y .c no violent aggressive selling and any
,uIhu siastic speculative buying is not like
y. The market can probably Withstand
IN rmous receipts for some time longer,
m.l " towards the end of December the
'ISl of supplies apparently iustifies the
Se crop estimates now current, prices
' almost surely sink TO such q point
l., VIII attract sufficient investment buy
- i' check the decline. A large number Of
4 .F ,Slimates made here recently average
xxx 10000 bales We are not inclined TO
4 L.'.'e such an out turn probable, and we
4 .h 1t viii prove wiser to wait and buy
'''n on breaks than TO go short of It."