The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-02-07

of 1O@1S points above the final figures OF
Saturday.
Trading on the advance was very active
after large German house had held the
market down for a while by offering large
blocks freely These were promptly alb
soroed and everything else offered was
taken up at advancing prices. Orders
came from every direction, but confidently
from wall street parties and others who
had sold out last week
The Liverpool contingent sold at the
start, but bought later. Shorts were con-
siderably alarmed In view of the fact that
the Liverpool market was. according to
private cables, unfavorably influenced by
the recent break in the Philippines. II
was also thought by some of the local
traders that this feature. would directly
anect the market here, but nearly all
other news was bullish, including further
accounts of firm spot markets with wealth
et In nearly all the states forbiddng field
work OF any kind, while forecasts point
ed TO snow and rain from Texas to the
Atlantic coast The local longs claimed
that this would finish whatever cotton re-
NAMED unpicked in the fields. At the
same time port receipts were light En-
couraglng adVtces continued to arrive from
ran River and other spinning centers and
from cotton cloth markets generally. There
were reiterated predictions of small acre
age and statistics to show that planters
we're Tar behind in taking fertilizers. In
the afternoon the market eased off partial
~ under periods of realizing, but the close
vas hrm at net rise of 0 to 10 points.
New York. Feb. 6, noon.-Cotton futures
| opened steady; March, 6O5c; April 6O5c
May oO9c; June, 607c; July. 6O5c; August
6.lOc; September $3.50; October. 5.95c: No
vember, 5.95c; December, 6.OOc.
New York. Feb. 6. p. m.-Futures
closed hrm; February. 6.1Sc; March, else
April, 617c; May, 6.17c; June, 616c; July
e'lSc; August 6.2c; September, 6O7c; Octo-
ber' soc; November, 609c; December, 6. 13c
New Orleans, Feb. 6.-Cotton futures
steady. February 5.74c bid; March 5.74d
515c' April 5.7SG579c May 5S165.S2c: June
5S3QS.S4c; July 5.S5d5S6; August 58sd5 So;
September 57+Q5.75c; October 5.7Bc; No
vember, 5.76d5.7Sc; December 5.7SGt5 SOC
New York, Feb. 6.-The effect of the
hghting at Manila was to bring about a
| liquidation of a large line of long cotton
at the opening. which the market absorb
| ed and Immediately advanced because of
the extreme bad weather throughout the
cotton belt If anything, the weather con-
ditionS are worse than at any time this
winter and are expected to check the
movements of the crop. This, In turn. ia
expected to bring Europe as a buyer In
the Liverpool market and cause an ad-
Nu"Oe' Inc local trade are more bulllsh
upon these conditions than at any time
THIS season, although the effect of the
trouble at Manila has been to check the
outside speculative demand At noon. ar
Ter sharp advance, the market Quoted
Gown without any diminution In the bull
lsh temper. AT the close the market was
hrm at the best prices to-day. The sup
port came from the trade. rather than
from the outside public Liverpool is
| expected 20 be to points higher. The
temper OF the trade Is decidedly bulIish
ana higher market is almost universal
~ expected Hubbard Bros. & Co.