The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-08

bales, of which 500 were for specula lion,
and included 800 American. Receipts, s.,
eco bales, including, 200 American.
Futures opened quiet but steady with a
moderate demand and closed weak; Amer
lean middlng low middling clause, March.
329GS. 2Sd, sellers: March-April, S.22aS2 Sd,
sellers; April-May, S,22GS. 2Sd, sellers; May
June, S.29GS. 2Sd. buyers; June-July, S2d,
| sellers; July-August, 3.22d, sellers; August
September. 3.2ld, sellers: September-Octo-
| Der, 3.22QI3. 22d, value; October November
sgd. buyers; ACKNOWLEDGEMENTS, S22d
| sellers; Decemher-January, 3.22d, sellers.
New York, March THE weakness oh
the London exchange and other money
centers abroad, as well as the unsettled
condition of the New York money market,
following the more threatening political
| situation abroad as well as the warlike
attitude of this government and Spain,
caused very weak and unsettled feeling
in cotton to-day. Opening easy at de-
| cline of 3 to points. there was a further
| loss of 2QS points up TO II o'clock, when
| the market was still unsettled. A feature
| of the morning was active selling by
| smaller investors while the more substan-
tial. houses who have hitherto been tax
| ing advantage of weak intervals TO in
! crease their holdings, failed to come TO
| the rescue of the market. In the after
| noon there was a feverish feeling ON
| change Bulls and bears were equally
| undecided, and after the noon hour, the
| scope of the market was narrow, with the
| tone finally steady al net decline of 7Q1l
| points
| New York, March z. noon.-Cotton flu
| lures opened easy: sales, 1850 bales;
March, 61Oc; April, 6.12c; May. else; une,
else; July, 616c; August, 62Oc; September,
| G,l7c; October GIG; November, 610c; De-
cember, Gle: January, else
New York, March 7, 4 p. mixtures
| closed steady; sales, 165,600 bales; March,
| 6.02c; April, 6.05c; May, 609c; June, 610c;
! July, e.12c; August 6.15c; September, 611c;
| October, e.10c; November, 60Sc; December,
6lOc; January, Gle.
New Orleans, March 7.-Cotton futures
closed steady; sales, AZ, 800 bales; March,
| 5.6705 Csc; April 5.G7Q5.69c; May 500
| 5.71c; June, 5.7S05. 74c; July, 577q5 7Sc !,
| August, 57Sd5.79; September, 5.7SG
5.79c; October 5.Td5 7sc; November, 5.T1
| 5.7Sc; December, 5.7S@5. 79c January, $50
| as SIC.
New York, March 7.--Riordan & Co. say
of cotton: THE international complica-
| tons held full sway in the cotton market
to-day and prices broke sharply. The re-
| lations between this country and Spain
! appear more strained than ever. and the
! developments over Sunday caused much
| uneasiness. AS a result and i'm spite of
a fairly favorable Liverpool, Wall street
and the local bulls liquidated their hold
ings freely, causing the decline early Liv-
erpool cables reported that market as I'M
| changed but The opening here was TO 5
points lower
Receipts were very heavy. The decline
| might have been serious had it not been
| checked by that Investment demand,
which always crops ~ Whenever the mar
ket wealIens.
May opened al 6.15c, declined steadily to
6OSc, and closed at 6.09c to 6.10c, with the
tone of the market steady.
! 1.-THE South was easier. The political
| outlook throws such an element of I'M
certainly in the market as to make pre-
dictions largely guess work"
Cotton Movement for Six Months.
New Orleans, March 7.-Secretary Hes
ters analysis of the cotton movement for
The six months of the season from Sept. l
to Feb. %, inclusive, shows that compared
with the crop movement of 1885, the 9,9Ol-
600 crop year. Texas including Indian ter
ritory, has brought into sight this season.
in round figures 100000 bales less. while
other Gulf states, which includes Arkan-
sas, Louisiana, Mississippi Missouri and
Oklahoma have marketed III 900 more and
| the group of Atlantic States which in
cludes North and South Carolina Geor-
gia, Florida, Alabama and Virginia. shows
an increase of 42S 600 bales.
| In other words all of the states outside of
| Texas and Indian territory have yielded
over the big crop year 1,139,OO0 bales,
| against a decrease for Texas and the Ter
ritory of 2O6.0cO bales. leaving a net in
crease in the total of crop marketed $685.
| 900 bales
Mr. Hester shows the amount brought
into sight by groups of states for the six
| months of this season, as follows: Texas
and Indian territory, 275i,252 bales an in
| crease over the same time last year, SIS
| 9T, an increase over year before last OF
| l.O36 6l6 and decrease under 1895 of 206 =
| as. Other Gulf states, 3,184,0G2 bales, an in
crease over last year of 1888 bales. over
year before last Of l. 25S,S26 bales, and over
1895 of III 0O6 bales.
Atlantic states, 1851 1874 bales an increase
over last year of 434, OBJ bales; over year
before last of 1146,564 and over 1895 OF 42s, d.
79S bales.
Total crop in sight at the close of Febru
airy is $500 6S bales. an increase over last
| year of 1,198171 bales; over year before OF
3,H2004 bales and over 1895 of 933356 bales.
After Feb. %, In 1895, the amount brought
into sight from Texas and Indian Terri
! tory was 315,23S bales; from other Gulf
states, 527, 127 bales and from Atlantic
states, 1854 bales. The groups Of states,
| as above furnished of the total cotton
crops: From Texas and Indian Territory
last year. 2.2iS,00O bales and In 1895. 3.276, :
600; other Gulf states, 2,S3l, 900 last year,
| and 100000 in 1885, Atlantic states, 3,679, :
900 last year and g. 625, 900 in 1895.
notable feature concerning Mr.. Hes
ter's. analysis Is that for the six months
of the current season the states, other
than Texas and Indian Territory, have
marketed 1l,0O0 bales than they did for
the entire twelve months Of 1s0i-95. which
has heretofore ranked as one of the sea.
| sons of largest production for those Sec
lions combined. The total contributed -
the movement by The groups OF other Gulf
and Atlantic states for the past six months
has been 6,766,O0O, against 6,625,OOO for alF
of 1894-95.
DRY GOODS.
New York, March There is no fur
Their change in dry goods. The opening
week presents similar phenomena to thoss
shown at last week rs closing. These are
| generally quiet. Orders. by mail are some
what slow and buyers in the market are
not numerous. Cotton goods are IN gem
orally quiet request in all divisions. Wool
| ems show no change of moment but are In
steady request at unchanged prices.