The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-09-07

have succeeded in depressing prices half
cent to q cent lower even than il did sue
coed in doing
Il may be mentioned here that interior
owners Of cotton. planters and merchants.
ought TO wake IN 10 a realization Of the
fact that their own interests. a. well as
these of the seaport markets suffer by
allowing the cotton 20 be offered on
constantly declining scale by parties, fire.
quently irresponsible. who sell the cotton
first and buy il afterwards. The ethod
is mlschieVous Doe cause IL kills of the le-
climate export demand by satisfying il
with offers usually more or less below
the ruling prices Tor spot cotton. The
actual demand being satisfied, there is
nothing for the spot markets 10 do but
10 come down 10 quotations at which ba-
sis the interior offers were made and &C
cepted, and tbs enables the interior buy
er 10 fiji his obligation without loss.
Sooner or later remedy will be discov-
cred for a condition of affairs which will
be recognized to De both unnatural and in
| tolerable.
Review of the Years Market.
The season opened with the shadow of
another large crop succeeding the first one
that ever surpassed 11000O 900 bales. Popu-
lar estimates were from 10, 10000 to IL
10000, generally averaging about 100000
bales. which proved unusually close TO the
actual result
on Sant 7e,S r,id5lire In Savannah
was 5lsc; in New York, l3-l6c; in Liver
| pool 5-16d; January delivery in New
York. $3.50
From this time the course Of the market
| casionaI nnirororfant reactions a condi-
| tion which cortf,,Isd ,hro,,ebo,,t Sen,aro-
| her and Oc+oIa,
on, rotr,t - ,,.ot.5 5,,,ir.- Tho ers+
| uyeel- IN Nro,.l,-,r, "a on ~ : rri.es
u,ere ar tb. lCI,-eet recor5ed since to civil
u,ar SaVarrsb - o-1ec. Nv Work
: lie. Ti,,or-~,1 al. and January fif-
| trTas aboI,+ ~,
| Abolr tbis ,iroe Tho r,over,en+ If the
cror, ara otbsr ir.,,r,7etarces t-csn to gi,-a
| 80 - a., t,...lr-i[I,, 49, tba 1-ie,d La5
| heen o,erestirne+ed s,d mar tho total
| poigbt fau ~. 1o Ia o00 baiee This
t,r,oa = ra,attlr, ,,,,,,ti,,. ~ Nc, % -
/ , littIo oyar IL in iii ~. markets
| nart az tbis o5,.a1,a Vas los, before the
| erd If the ga 80, ar which +iroa Saya,-
| nah was lie. N1a7z, yorl, 10. Ttvernool
| 2 99d. Tan,7arv mic and Narch 555o
| WIN Inc NV, var rho marker resumed
its advanCa &c reoeiots anneare5 to f1llI-
! confirm The reduced estimates In sddi-
lion tho exDort demand was "a large as to
| redlIce stocks in his country considerai, III
| beI,yv tboea Of III nra,fol1s vear. also there
~, ro,,cb taIt, If n bio decrease in The
navt anrea e,e ,Ta in The sa1es of fertilizers
T-ndar ali tbis nm tallx prices continued
| 70 ir,,ro,,a Win ,ocasionaI satbac,s until
| ata,,t 40 ,,,i,751a If r7ebrliar,- On T9ab
| te e,,,-ar~ab u,ae Z 151eo. Tivarnool
. -1e5 ~, VII e5zc. March 6 27c
Meantime moderate sales of the new cron
r-on,ts ma baer, made AT nrices nearly on
| a. ,,s,.itv Win Auoust which itself was
| eoIIiro abo,,t III ean7e as March
| -rhie edy,arca in The marker was fairly
Nil sustained un+iI toward the middle al
NFarcb When again everything began 10
t,,rn hsarieb Pecaints crew heavier CON
| e1,,ine, tbo 1arger IRON estiD,a+es which
| sbort time before were REGARDED as ort
O. M o,Iastion sstc..Ixs rani5lv accumrnI.
la+ad and fro-.. a bio defcit CHANGED a.
! ~ Lieg ;r7,raae e C,aI, 1ast year prices gave
-. uitb siiebt fiurtuations until nv the
r,iialo of AnTiI Anq,,et bad reached : snc
| e,-e',,,,,b - 50. N-or,, yorl, snots e1Lc
| ETor over two no5ntbs after This lasted .
| aorio5 Of d,,i1pese f,Itnres in New york
rrar1ire, 80. sorre X noints Toward the
iotter 1aTt of Iuna favorabIe accounts ~
~ gr64,,ine cron caused a snau of weak.