The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-05-08


Stock same day last year ...... S97, 1855
DAILY Movements at Other Ports
Galveston-Quiet; middling, NJ; net re-
ceipts, 6S2; gross, 6S2; sales, 2ls; stock,
S,246
New Orleans-Steady; middnng, ~: net
receipts, liza; gross, liza; sales, 2,40O;
stock 1854
Mobile-Quiet; middling, n net receipts,
$50; gross, PSI; sales, 100; stock, Is, 500.
Charleston-Quiet; middling, rs; net re-
ceipts, 10; gross, 10; stock, 20,056.
Wilmington-Firm; middling, rs; net re-
ceipts, q; gross. q; sales, 500; stock, 457S.
Norfolk-F'irm; midding, ~; net re-
ceipts, 54S; gross, 54S; sales GO; stock, 1897.
Baltimore-Dull; middling, 1916; net re-
ceipts so; gross, $3.50; stock, 1890.
New York-Steady; middling. 7-16; net
receipts, $50; gross, 1855; sales, S245; spin
ners, 326: stock, 1S1, 164
Boston-Fi1m; m1ddnng, 7ss; net receipts
2S6; gross, 2257.
Philadelpha-Firm; middling. 15-16; net
receipts, 100; gross $50; stock, 61O1.
Daily Movements a Interior Towns
Augusta-Dull; middling, 724; net re-
ceipts Sc; gross 66; sales, AS; stock, 1886.
Memphis-Quiet; middling, 79s; net re-
ceipts 16l; gross 161; sales, $50; stock,
AZ, 1889
St. Louis-Quiet; middling, 7-16; gross,
1,0S5; sales, 500; stock, 1851.
Cincinnad-Quiet; middling, ne; net re-
ceipts, 81; gross, 81; sales, 246; stock,
4,OS9
Houston-Quiet; middlng, 79s; net re-
ceipts, 63S; gross, 63S; stock, 5,279
Louisville-Firm; middling, 7lk.
Exports of Cotton This Day
New Orleans-To Great Britain, 10l;
continent, 1139; coastwise, 1,095.
Savannah-Coastwise, SOL
Norfolk-To the continent, 1881; coast
wise, 60.
I2alt;nooro IT, ~ .o,4;no,+ . ooo
New York-To the continent, 615O; for
warded, 165.
Total foreign exports from all ports
this day-ro Great Britain 112; to France,
none; to the continent 1O,S79.
Total foreign exports from all ports
thus far this week-To Great Britain, 2S,
1853; to France, SOY; to the continent, 3d.
S03.
Total foreign exports since Sept. l. 1896
To Great Britain 2,S85,942; to France,
66S,740; to the continent, 1884 500.
Liverpool, May Z, p. m.-Spot cotton
dull and prices unchanged; American mid
ding, 7-32d; sales, 1000 bales, of which
500 were for speculation and export, and
| included 500 Americana receiptsA 5000
bales including 1,50O American. Futures
opened quiet, but steady with moderate
demand and closed barely steady at the
decline; American middling, low middling
clause. May, S-64d sellers; May and
y uiley 4 t-Ofu DuyeFSs June ana July, b-o4Q
buyers; July and August, Sad sellers
August and September, 4 2-64d sellers
September and October, 57-646l3 5S-64d
sellers; October and November, 8 51-64d
buyers; November and December, 49-64d
buyers; December and January, 3 4S-64d
sellers; January and February, 4S-64d
| sellers; February and March, 4S-64d buy
| ers.
New York. May THE cotton market
made feeble start under disappointing ca
bles and favorable crop account, but rallied
quite sharply after declining and points.
The reaction was largely due to indica-
| tons of heavy losses in stock at interior
towns, supplemented by a strong demand
| for spot cotton at higher prices From
| the weakest interval to the highest prices
the market showed an advance of 1910
points, with the tone finally steady at
a net gain of 4a7 points.
New York, May Z, noon.-Cotton futures
opened dull but steady; sales, 1000 bales;
January, $3.50; May, 731c; June, 734c b;
July, 73Sc; August 1850; September, 7O6c /;
! October 6S4c; November, $3.50; December,
6.S4c.
New York, May 7, p. m.-Cotton flu
lures closed steady; sales, 1920 bales 4;
January $3.50; February, 7O0c; March,
| 1O4c; May, 1880; June 1880; July, 743c 4;
August 7.41c; September, Tile; October,
$500; November, $3.50; December, 692c.
New Orleans, La, May 7.-Cotton futures
quiet; sales 15,60O bales; May 7.S9d7. Ale;
June, 1857. $50; July, 1897. 4Oc; August
1909 September, 6.75d6 76c; October,
| 6.6Od661c; November, 6.62c; December
6.65q666c; June, 6.6SQ669c; February, 6710
6.72c.
New York, May 7.-Riordan & Co. say
of cotton: '"The demand for actual cot
ton and the willingness of buyers to pay
high prices for it, was the trump card in
the market here to-day, and was affective
in lifting prices IN spite of a continuance
of the speculative apathy Liverpool this
morning was discouraging. The spot sales
there fell off and futures We're lower
Our market opened practically unchang-
ed, but in the first hour, owing chiefly to
local selling, lost several points. The
weakness. however, was of short dura-
ton. The excellent spot business doing
here and an absence of any kind of pres
sure to sell, together with a movement
for the week, lighter even than had been
looked for, turned the sellers of the early
trading into active buyers. The loss was
recovered and, considering the dullness
prevailing. a good net gain was made.
August opened at 1850, declined to 1880,
advanced to 7.4Sc. eased off to 74Oc, and
closed at 7.41d742c, with the tone of the
market steady We think the indications
point to a further improvement"