The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-12-02

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out exception for the sale Of lie last
months, but the foreigners later turned
buyers. Wall street purchased January
March and May options the close was
steady at net gain of / to points.
New York. Dee l, noon,-Cotton futures
opened steady: December, 5.34c; January
5.Soc; February. 53Sc; March, 5.4Oc; April
o.4Sc; May, 5.4Sc; June, 5.53c; July Bose.
August, 55Sc; September, 5.5Sc; October.
5.6lc
p. MIXTURES closed steady; Deem
per- 0.SSc; June, 5.40c; February, 5.42e;
March, 5.45c; April, 5.49c; May, .5Sc; June
2.9lc' July 5.6Oc; August, 563c; September
5.6lc; October, 5.64c.
New Orleans. Dec. lection futures
steady; January, sole; February. SOFA
5.OSc; March, 511q5.12c; April, 516@5 lie;
May, 5.22Q5.23c; June, 5.27Q5.2 Sc; July,
9.Szqo. o3c; August, 5.32q5.S4c; September,
5.S1H 5S2c
New Orleans, Dec. 1-secretary Hester's
New Orleans Cotton Exchange statement
Issued to-day covers the monthly move
ment 10 Nov 80
Compared with last year, the month is
ahead 1900 and ahead of year before last
of 100000 bales.
The amount brought into sight for the
three months of September, October ana
November shows an increase of 291 900 over
last year, and an increase of 10000 over
year before last.
The movement from Sept l to Nov. 80
shows receipts at all United States deliv-
cry ports 4,266,O19, against 3,974,424 last
year. Southern mill takings, exclusive of
quantity consumed at Southern outports
S5S,75O, against S51, 1854 last year; interior
stocks in excess of those held at the COM
mencement of the season, 573, 757, against
5l5,44 last year. The total amount
brought into sight during the three months
ending Nov. &c. is 5601, $50, against 5,311,0S7
last year.
Foreign exports for the first three
months have been 2,S19SS1 bales, showing
an increase over last season of .227, 1O7.
Stocks at the seaboard and the twenty
nine leading Southern interior markets at
the close of November were 2,OO2 427,
against 1s59O976 the same date last year
Including ports and interior towns left
over from the previous season, and the
number of bales of the current crop
brought into sight during the three
months, the supply has been 1886, 1856,
against 5,427,641 last year and 514O,45O the
year before.
Up to this date last year Al 42-1OO per
cent of the cotton crop has been marketed
and for the same three months in 1896 the
percentage of the crop brought into sight
was "a $500.
New York, Dec. 1.-Paine, Murphy &
Co. say of cotton to-day: First cables
were half lower than yesterdays closing
parity, but the market here would not
yield and consequently second cables re-
sponded to our strength. This shows
strong belief in higher prices on this side,
and as it is well known fact that Liver
pool is short, their declines are looked
upon as bear manipulations. The realiz-
ing of yesterday was not in evidence to-
day andsthe advances that followed pur-
chases were gradual but averaged A points
The belief that the crop will not exceed
that Of last year is gaining more friends"
New York, Dec. 1.-Hubbard Bros. &
Co. say of cotton: 1.-THE market rallied
from the depression of yesterday after
noon on rather better advices from Liv-
erpool arrival market than had been an
ticipated We find the sentiment among
the traders here, and all of the markets
to be opposed to operating for a decline
This change had reduced the short inter-
est to the smallest proportions and the
position to that extent is weaker. 1t is
also noticeable that the English spinner
is not an anxious buyer any longer On
the other hand the American spinner is
encouraged by the Improvement Of the de-
mand for his goods and is disposed to buy
his raw materials. Receipts do not show
any decided falling off as compared TO last
year. There has been, however, during the
past ten days, a modification of the eX-
IRENE crop estimates, and though no one
anticipates any yield less than the con-
sumption, the surplus to be added to the
existing supply is not expected to exceed
a million bales 1t is believed that on any
decline the investors, who have taken
their profits, will repurchase their cotton.