The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-06-22

low middling OBSERVATION-DISCLOSURES. obs
Good ordinary Observation-Disclosures.
O5 Market steady: sales %
savannah Receipts, Exports and Stock
receipts this day ................... l,22S
receipts this day last year 49,. 40
ReoeiDts this day year before last. 81
receipts since Sept. /, 1898. .......l ,W5,729
Same time last year ....;............l, lS5,U2l
ETports, coastwise, this day ........ 49,
stock on hand this day .............. 23,030
Same day last year ......:;......... 1885
Receipts and stocks at the Ports
Receipts this day .................... 5,96l
This day last year .................. 1,525
This day year before last 2,S03
Receipts past five days .............. 1S,246
Same days last year .,............... 1869
Same days year before last ..... 1891
Total receipts since Sept. l, 1898. S,2l2,0Sl
same time year before last ....... c, 5S9, $50
Stock at the ports to-day ........... 592, $40
Stock same day last year 1890. 1884
Daily Movements at Other Ports
Galveston-Steady; middling, 5 1915; net
receipts 1872; gross, 1872; sales, 24l; stock,
Tew Orleans-Easy; middlng, So; net
receipts 40; gross, 2,45O; sales, $3.50;
Mo6ile~Nothing doing; middling, u-1s;
net receipts, A. gross, 4; stock. $500
Charleston-Quiet and nominal; gross, S.
sales, 5; stock, 1858.
mington-steady; middling, 57s
NorfoIk-Easy; middling, 6; net re-
cepts, S91; gross, 941 stock, 51.079.
Baltimore-Nominal; middling. 6as;
New York-Quiet; mddling, 1-16 net
receipts, 200; gross, 2,Ol5; sales, 500; stock,
Boston-Quiet; middling. Ga; net re
cepts, 599; gross, $780,
phiaaoQuiet; niddling, 6 5-16
net receipts, So; gross, 60; stock, 9SSS.
Daily Movements at Interior Towns
Augussta-Steadyi middling, 62s; net re-
cepts. y; gross, u; sales, 81; stock, Is, 106
Memphis-Quiet; middling. "a; net re-
a t-frN
0l9,
ST. Louis-Easy; middling, 1875; net
receipts, 25i gross, 3l4; stock, 1922
Cincinnati-Quiet; middling, 57s; net re-
cepts. AS; gross, as; stock, 10,150
Houslon-Dull; mlddling, l5-l6; net re-
Louisville-Quiet; middling 57s.
Exports of Cotton This Day
New Orleans-France, n,131; coastwlse,
Savannah-C0astwise 1852.
NOrfOlk-CoastWise 49,
Baltimore-Coastwise 1900
New York-To Great Britain, 795; con-
Total foreign exports from all ports this
day; To Great Britain, 1875; to France,
lib; to the continent, 713.
Total foreign exports from all ports thus
lar this week: To Great Britain, II 1926 :
to France, 1l,1S1; to the continent S,5O6.
~ Total foreign exports since Sept. l. 1898:
70 Great Britain, 1886, ILL., to France, 1885,
gl!; TO the continent. 2659,192
Liverpool, June Election, spot fair de-
lhduu, pI1ceS 3oWef. American middling
fair, l5-l6d; good middling, 1920; md
diing, S$sd; low middling, Sled; good or
qlnary 81; ordinary, 15-l6d. The seles of
tle day were 1860 babes, of which 1900
We're Tor speculation and export and in
cIuded l,A0 American; receipts none
lures opened easy with moderate de-
mand and closed barely steady; American
inludhnS, low mldding clause; June, 3.19d,
buyers; June-JuIy, Sl9d, sellers; July-Au-
gust 3.l9d, sellers; August-Septembe 8. 19d
sellers Septemher-October 3.lSd, sellers
r. % nor e.aFia
9er-December 3.1sd, sellers; December
January 3.l6d, sellers; January February,
o.I6d, buyers; February March, 3.17d, sell
ers; Mareh-April, 31705S.lSd, buyers; April
May, S.lSqS: 19d, sellers.
New York, June Notwithstanding
yesterdays break of SQ7 points in the price
OF cotton futures, which led some traders
70 prepare for reaction to-day, the mar
ket continued on the decline and prices,
during the weakest interval showed a
Iurther net loss of 1920 points.
/, AZ tunes the market was very unset
tied and panicky feeling prevailed. The
stump was particularly noticeable during
the morning, when the selling appeared to
pc general by ell classes. English ca
Dies We're decidedly disappointing, crop
accounts continued of brilliant average
anu speculative support was almost en-
urely lacking.
The summary of the weekly government
crop report gave the bear contingent in
creased courage as indicating a general
Improvement in the condition of cotton in
al sections of the belt, while reports from
PiiNdte sources Were II possible, even
more favorable than they have heretofore
peen, offsetting the governments state
meAt that the Texas crop is grassy and
me Georgia crop suffering from caterpil-
The volume of business of to-day was
very much larger than any single days
Hue 70 LIQUIDATION and not to a disposition
70 make new ventures, although there was
Some investment buying on the PUSHES to
sell BY conservative parties, who believe
mat the market having declined ahOuf
&c, was entitled to some reaction.
me fact that there is tremendous bust
HtsS IN cotton goods in this country, IS
Wen as abroad, with spinners generally
carrying light supplies of cotton also led
some OF the more conservative shorts TO
cover on to-day's break on the basis
OF 5.6Oc for August some good Wall street
houses bought summer months contracts
aid tne fact that August is now believed
10 pc IN strong hands also added to the
conservatlsm of the smaller local traders,
causing them to cover. The demand from
abroad was fairly good early in the ses-
SION. but later the foreigners sold The
c4oSe was steady, 10 TO 10 points net lower.
New York. june. 81 noon.-Cotton fu,
ss4 7fe. opened steady; June 579c; July,
5see e' 22;ISc; November, 5S2c; December
Sfoc, January, 5.S9c; February, 5.92c;
Mareh' 5.%e; April, 5.9sc; May, 60Sc,
June, 5.60c; July. 563c; August, 5.66c; Sep
sSnoer, 5.65c; October. 5.70c; November,
TTIJc; December, 576c; January, 5.79c;
New Dreams. June H.-Cotton futures
steady; June 5.56c bid; July 55SG5. 59c,
33uigqlst. 54sg5 4le; September. 5l2a5. 43c,
IctoDer, 5.420i5.48c November, 5.4315. Ale.
14,,ecember, 5. 48a549c; January, 55i95.5sc,
rN1ruarv, 5-5iGb5.55c: March, 5.57G5 59c.
cNew York. June 2l.--Hubbard Bros &
y" say Of cotton: with the continued
sood weather throughout the cotton hell
,Ge lQuldatlng Of the long interests has
CrSGSullnued 70 bring the price TO a point
WHFie tney have proved tempting 10 the
mai outstanding short interest which has
len almost covered during the day Ar
u,lrdSe brokers were also buyers taking
AWARDS Of 10000 bales during the morning.
onoush TINS interest, like the short inter-
~ mad been rendered to small propor-
uohs during the active demand in Liver
ipol since the Whitsuntide holiday With
uGse short interests practically extin.
Suished II seems probable that the stock
" represented In the August contract will
c cT 10 =, q carrying difference below the new
Up ana the value of the next crop must
"yr determined by the weather
ndoubtedly from about these prices the
rnprihers being well under contract FOR
nro at season VIII buy slowly downward TO
HH.Vtect their sales OF yarns This NAV
N+ot hlOn the decline luf from gbp 4,raeaft