The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-09-17

Telephone $50
board OF Trade Building, Jackson Building
Savannah. Ga Atlanta. Ga.
1868.
Memphis-Quiet; middling, s-16; net re-
ceipts. s5l; gross, 95l; sales, $780, stock,
16, 1853. sts
St. Louis-9Duil; middling. 81; net re-
ceipts, 81; gross, 25s; sales, los; stock,
22,214.
Cincinnati-Quiet; middlng, so; net re-
ceipts, SO; gross. IS; stock, 1873.
Houston-Easy; middling, ga; net re-
ceipts, 1854; gross. 1854; sales, Cal;
stock, 10 1872.
Louisville-steady; middling. 81; stock.
265.
Exports of cotton this day:
Observation-Disclosures 1927.
SavanRah-Co 4,274.
OBSERVATION-DISCLOSURES 1887.
ACKNOWLEDGEMENTS, A.
Norfolk-Continent $40; coastwise. 1O5.
Baltimore-To Great Britain, 2,201.
New York-Continent. 1913; forwarded.
81.
Total foreign receipts from all ports this
day: To Great Britain, 2,20l; to the CONT
nent 1859.
Total foreign exports from all ports thus
far this week: To Great Britain, S5SS; 10
France, 7,146; to the continent, 1S,55S
Total foreign exports since Sept. l, 1898:
To Great Britain, S7,64S; to France, S.119;
to the continent, 25025.
Liverpool, Sept. l6.-4 p. m-Cotton-
Spot fair demand; prices unchanged;
American middling, 7-32d. The sales of
the day were 10000 bales, of which 500
bales were for speculation and export,
and included $500 bales of American. Re
ceipts, 1900 bales, including 5000 Ameri-
| can. ,ft
Futures opened quiet with a moderate
demand and closed irregular. American
middling low middling clause, September,
| S.OIQ3.0Sd value; OBSERVATION-DISCLOSURES, 3.05q
| 3.O6d buyers; October-November, 8 Odd buy
ers; November-D December, 3.O3d sellers;
| December-January S.O3d sellers; January
| February, 3.03d sellers; February March,
SOS43.Oid. buyers; March April, 304q3.05d
sellers; April-May, 3.O5d buyers; May-June,
306d buyers; June-July, S.O7d sellers.
New York. Sept. 1.-THE cables from
| Liverpool at hand when our market open
| ed this morning were better than looked
| for in view of thesweakness exhibited here
| yesterday, The features of the cable was
| the indication of broadening spot demand
| in the English market, as sustained prices
| with sales reported at 1900 bales, on this
| basis. Our market, therefore, opened steady
| with prices unchanged to points higher,
and further advanced 2Q4 points. There
| was very fair interest shown by COM
mission houses. The business was, for the
| most part, however, the result of a dispo-
| sition on the part of shorts 10 cover their
contract In view of the heading tendency
| shown by Liverpool, with our market pref
| ty we'll evened up as to the smaller ac-
| counts as the result of the liquidating
| movement covering the past few days. AT
/ the same time, buying was checked some
| what by indications of increasing receipts
| at the ports and at the interior. The
| movement of new cotton, however, is sim
| comparatively moderate and decidedly I'M
| der the calculations of the shorts.
| The general undertone of the market was
better to-day than at any time this week.
| Private cables indicated a corresponding
| improvement an sentiment in the English
4 cotton market. Southern correspondents
are reporting indications of better de-
mand for spot cotton from domestic as well
| as foreign consumers. Crop news was not
| a feature to-day, although still fictins
| with a bullish average including more gen.
-eraI claims of rot, shedding, rust and in
| sects. In the afternoon there was some
| realizing which eased prices off little,
| but the market was finally steady at a net
| gain of 1d3 points.
New York, Sept. 16, noon.-Cotton futures
| opened steady; October, 5.S7c; November,
5.4Oc; December SAC; January, 5.49c;
February, $3.50, March, 556c; April, 5.61c;
May. 5.64c June, 5.67c.
New York, Sept. 16, p. m.-
Futures closed steady; December, 5.35c;
| October, 5.3Sc November, 5.42c; December,
5.46c January, 55Oc; February, 5.54c;
March, 5.5Sc; April, 5.61c; May, 5.64c;
| June, 5.67c.
New orleans Sept. 16-Cotton futures
quiet aud steady; September, 5.O3c bid;
! October, 5.0fd5. csc; November, 5.O7@5 .O8c;
December, 5.12d5 13c; January, 5.1705 .1Sc;
February, 5.2Oq5. 22c; March, 5.26@5 &c;
April 5. 2Syd5. SOc; May, 5.91G05.S3 c,
New York, Sept. 16.-Hubbard Bros. &
IL
| active inquiry in Manchester and more de
| mand in Liverpool from spinners for for
ward delivery of cotton, which absorbed
the offerings of Southern shippers. Yes
| terday liquidation eliminated the local
| short interest and while we rallied on the
| better tone of foreign advices the response
| was feeble. "A slow decline to yesterdays
prices followed with an almost hopeless
feeling noted amongst the trade, who can
| not with safety anticipate a sharp decline
from present prices and yet see nothing
| TO resist the present conviction through
| out the world in an addition to the pres
| ent surplus. The continent bought here
to-day, apparently on old ORDERS based
| on So cents. This was the first indica-
| ton of any increase in the demand from
| European spinners here, American in
vestment buying has not commenced"
New York, Sept. 16.-Paine, Murphy &
| Co say of cotton THE situation has NOT
/ CnduBtu. SiPOOA SChNAiNN9 pSellA9ii eAiN
| the local crowd are assisting. Reports of
! light movement and damage continue, but
at the same time continue to be ignored.
| Sentiment favors lower prices, and it s
useless TO argue against it as to try to
turn the current of the Mississippi, but
facts must not be ignored and unless our
advices are altogether misleading, we look
/ for a turn in sentiment soon, which will
| cause covering of shorts"
WEEKLY COTTON REPORTS.
Comparative cotton statement for the
week ending Sept. 16, 1898, and Sept. II.