The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-02

cable accounts from the English market
There was a bearish construction placed
upon the fact that spot sales at Liverpool
had reached only 10000 bales notwithstanG-
ing the reduction in spot prices, making
the figure Sd for middling uplands, which
many have claimed would be the turning
point, when English spinners would De
come very heavy buyers in anticipation
OF their wants FOR the remainder of the
season. The superb weather prevailing in
the cotton belt furnished another feature
OF Weakness and for time local bears
showed tendency to pound the market
with energy. But the movement in this
direction soon petered out, as the market.
without any special buying in sight, show
ed considerable resistance. In the after
noon the phases of the market were in
holders favor; but the chief demand con-
tnued TO come from shorts The market
closed steady at a net gain Of lG3 points.
New York, Nov /, oon.--Cotton futures
opened steady; November, 502c; Decem-
Der, 5.0Sc; January, 5.13c; February, 5.lSc;
March, 5.22c; April. 527c; May. $500;
June 5.3fc, July, 1850; August, 3. i0c.
p. MIXTURES closed steady; Novem-
Der. 5.07c; December, 5.12c January. Sic;
February, 5.21c; March, 5.26c; April. $500;
May, 5.34c; June, 5.3Sc; July, 5.42c Aug
ust 545c; September, SAC.
New Orleans, Nov. 1.-Secretary Hester's
monthly New Orleans Cotton Exchange
ANHtA u ioSU~h NO-ddNi Duta the
amount of cotton brought into sight for
the month of october at 2,29l1O5 bales,
which is the largest of any October on
record. as against 1,S91, S97 last year.
The amount brought into sight for the
month of September and October shows
an increase of 2SS. l19 bales over last year
The movement from Sept l TO oct. 81
shows receipts at all United States deliv-
cry ports of 2,4l039S, against SIS last
year. and 1881, 450 year before last. South
ern mill takngs, exclusive of quantity con-
sumed at Southern outports, 23i ,l63, against
227, 677 last year; interior stocks in excess
OF those held at the commencement of the
season, 1880, against 3l7,423 last year
Foreign exports for the fst two months
have been 1,420,SA bales showing an in
crease over last season Of 1917, 105.
Stocks at the seaboard and the 20 lead
ing Southern interior markets a the close
of October was 1874, 497 against 1,O96,33
the same date last year
Including ports and interior towns, left
over from the previous season and the
number OF current crop brought into sight
du ing the two months the supply has
been 3,5l7 021 bales, against 3,077S90 last
year and 1892 year before.
New York, Nov. Hubbard Bros. & Co
say of cotton to-day: Gable dispatches
from Liverpool this morning We're disquier-
ing. They reported weakening market.
under the fear of possible political embroil-
ments. Following the dispatches came
orders to sell, which depressed our mar
ket to the lowest figure yet touched There
was, however, during the forenoon a per-
sistent demand, which absorbed the offer
ings, and after the pressure was relieved
advanced prices to the close OF yesterday
There is very little general business. The
South, as a whole, is a seller, and the
demand spoken of has been local one"