The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-12-05
COTTON.

COTTON.
The local cotton market was steady and
unchanged at the opening and closing to-
d1v. At the Cotton Exchange, at the first
calI the market was buletined steady and
unchanged, with sales of 260 bales. At the
T6ruIar closing call at l O'Clock, the mar
Iet was bulletined steady and unchanged
Win sales of 331 bales.
The following were the official spot quo
tarions. at the close of the market, at the
Cotton Exchange to-day;
Good middllng .'''''..'.'''''' '''''''''2 5- 10
Ni16ling OBSERVATION-DISCLOSURES. 80 o-lO
Low middling ...............''''''.'''. e g.
09II 9rlS 0lu Steady: sales, spot, 59i f. O. b.,
Sea Island Cotton-The market remained
steady and unchanged, with falr de-
mand The quotations were as follows:
Extra choice Floridas .............l4 Ql5
Choice Floridas .........'.'..''''.I5 72Qii9,
Extra fine F'loridas ...............l3 4l312
Extra choice Floridas .............l2 @l24
Choice Georgias ........,...........n qlli2
Extra fine Georgas ...............l012
savannah receipts, exports and stockssomo
Receipts this day .................. l,Oo8
Receipfs this day last year............ 2,947
Receipts this day year before LAST. ,364
Receipts since Sept. i, lST.......... COY 81
Same time last year 49, 49,! 1 39S
Exports, coastWise, this day ......... l,uS3
stock on hand this day ........ .l l4l '4 9o9
Same day last year .................. .l3l, $50
Receipts and stocks at the ports 800
Receipts this day ................... 1880
This day last week .................. 65,949
This day last year .................. 5l,6S4
This day year before last ..,...... 50, l60
Total receipts since Sept. l, 1897 4, l5d, 59S
Same time last year ................5, ~, 5S d
Same time year before last......... 2,694 $40
Stock at the ports to-day ..........1 ], 045, 525
Stock same day last year ..........LZIl,b5I
Receipts this week last year 20 non
Saturday .....S7, SS4 "Wednesday ....9 a. 9 ~
tuesday .......4S,67S Friday .......52, 45S
Daily Movements at Other Por G.
Galveston.o-Steady; middling; l s., net
New Orleans-Firm; midding, 81 net
receipts, 1851; sales, 500; stock, 1885, 962.
Mobile-Quiet; middling, 3-l6 net re-
Enthusiastically; middling, 3-l6; net
receipts, 1884; stock, 57,006.
Wiimington-Firm; middling, SIS; net re-
cepts, 1883; stock, 1889.
Norfolk-Steady; mddling, 5ss; net re-
cepts. 1853; sales, 6SS; stock, 69, 35S
Baltimore-Nominal: middling 59s; net
receipts, 1,272: stock, 223S7.
New York-Quiet; middling 57s; net re-
cepts, 1,160; sales, 20 spinners; stock 49,
Boston-Quiet; middling, 513-16; net re-
FhiiadeIphia-ouie middHng, SIS; net
receipts, 81; sales, 1876.
Daily Movements at Interior ToWns-
Augusta-Firm middling, 5 7-16; net re-
cepts, 955; sales, 200; stock, 9,096
Memphis-Steady; mlddllng, %; net re-
cepts, 1925; shipments, 6u; sales, 4,S00;
Notwithstanding, 5as; net receipts, 49,
S39T sales, Isl; stock, 1886.
Exports of cotton this day
Galveston-To the continent S,1a.
New Orleans-To Great Britain, 3l,OOO;
to the continent, $40.
Mobile-COastwise 269.
SaVannah-Coastwise 1,OS3.
Norfolk-To Great Britain, 5000; coast
wise. 3574.
Total foreign exports from all ports to-
day and thus far this week-To Great
Britain, 800; to France, none; to the con-
Total foreign exports since Sept. I, 1897
To Great Britain, 1.324955; to France, &c.,,
ga; to the continent, 1,O41S5.
ale demand, prices hardening; American
middling, Sad; sales, 1900 bales, of which
500 bales were for speculation and export,
and included 6400 bales American. Re
cepts, $1,000 bales including $500 bales
American Futures opened steady and
closed barely steady; American middling,
low middling clause, December, 3,12d sell
ers: December-January, 311d buyers; jan
uary-February, Sid buyers; February
March, sid buyers; March-April, -3.12d
l4d sellers; June-Ju.y 5.15d sellers; July
August, 316d buyers; August-Septembe
3l6a317d; September-October, 3.1Sd319d;
October-November, 3.l8@3.19d buyers.
New York, Dec. 4.-The cotton market
opened steady at a decline of / to points,
in sympathy with less favorable English
frmer undertone and fairly active local
covering Al II o'clock the market was
quiet and very steady, at net gain of
TO points. Lquidations subsequently, set
in and renewed selling for foreign ac-
count Prices dropped to the lowest point
Of the session, with the market finally
barely steady, with prices net unchanged
to points lower. Total sales were 72 500
bales Port receipts estimated for Mon
day at $1,000 bales, against 1859 bales last
week and 1854 bales last year. Port re-
ceipls were estimated for the week at $685.
C9 bales, against 402,S50 bales last week
and 2S7,951 bales last year At Memphis
BOP bales, against 3,1SS bales last year.
and at Houston 1889 bales, against 1912
New York Dec 4, noqn.-Cotton fu-
lures opened steady; sales, 5,4OO bales:
January. she; February, 575c; March,
5S5c; April, 5.S5c; May, 5.91c; July, 6.C0c;
august 6.03c; September, sole; October,
6O0c; December, 5.6sc.
New York. Dec. 4, p. m.-Closed barely
steady; sales, z, 500; January, 5.7lc; Feb
Il4lary abe March, 2,sGc; April 5S5e;
6O5c; September, 6.O5c ;October, 6.07c; De-
cember, 56Sc
New Orleans, Dec 4.-Cotton futures
quiet; sales, II 500 bales; December, $3.50
S.3lc; January, 5.37d5.38c; February, 5.420
. BE; March, 547@5 Sc; April 5.56c; May,
55l0j. Sc; June, 5.62n5 63c; July, $500
CSC; August, 5.72Q5.7ic; September, $50
New York. Dec. 4.-Riordan & Co. say Of
cotton to-day: mo better idea of the char
gwen than by the record of it's huctua-
tons The extreme limit has been points
ana the net change but ?. Even this in
significant showing is chiefly the result of
ioaal operations and of exchanging car
'r later months. An advance of one-siX-
iF-fouryh in Liverpool this morning was
Pore than offset by the report that the
ieoor situation in Lancashire was again
threatening, and this market opened >
FONTS lower. After the opening, Wall
street. and the local bulls bought freely
ana prices advanced somewhat, only to
I.1ede again just before the close, on free
S1iing by commission houses: January
"ucned at 5.71c. advanced to 575c declined
To- 5.10c, and closed at 5.71a5,72e. with the
tone of the market barely steady
The outlook for activity is stll I'M
promising. The knowledge that cotton is
low below that price which is popularity
supposed to represent 1.-THE cost of produce
lon;' that the month of November has
Witnessed the largest movement ever
Known, and yet prices have yielded only
-' points and that greatly reduced acre
aSe will soon be loudly talked of II not
Usually put in force, deters even those
WHO confidently believe in lower prices