The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-05-12
COTTON.


COTTON.
The local market remained quiet and
unchanged with sales of 241 reported at
the Cotton Exchange.
The following were the official spot quo
tations, at the close of the market, at the
Cotton Exchange to-day:
Good middling ACKNOWLEDGEMENTS. SIS
IluollhS ......... $500. ................. 59s
Low hloullhS ''........................ 5ls
5000 ordinary .N................... AS
ordinary ....... .......:....... ........... AIS
Market quiet; sales 241.
Savannah Receipts. Exports and Stock
Receipts this day Observation-Disclosures. 1929
Receipts this day last year ........ 247
Receipts this day year before last. Jos
Receipts since Sept. l, 1898 ......... i, 04S 439
Same time last year ...............1, 1858 0S1
Exports, coastwise, this day ...... 410
Stock on hand this day ............ 29,397
Same day last year ................. 32913
Receipts and Stocks at the Ports
Receipts this day Observation-Disclosures. 5,466
This day last year ................. 2,443
This day year before last........... S,7S6
Receipts past six days .............. 52,975
Same days last year ................ 1888
Same days year before last........ %, $50
Total receipts since Sept /, 1898. Z, 975, COS
Same time last year ................ s. 1868 ,724
Same time year before last ........6, SIT ,OlS
Stock at the ports to-day ........... 743, 632
Stock same day last year ........... 592, $50
Daily Movements at Other Ports
Galveston-Steady; middling, 1915; net
receipts, 1,7Ss; gross, 1,7S9; sales, 722; stock,
56,Sl3.
New Orleans-Steady; middling, 57s; net
receipts, LII; gross, LII; sales, $500;
stock, 371,SS
Mobile-Quiet; middllng, 11-16; net re-
ceipts, q; gross, q; sales, 100; stock,
1879.
Enthusiastically; middling, 51a; stock.
IA, AGO.
wimington-Quiet; middling, 5A; net
receipts, Al; gross, Al; stock, 1859.
Norfolk-Steady; middling. 5B net re-
ceipts. $50; gross, $50; sales, 8; stock,
52,164.
Baltimore-Nominal; middling, 81; gross,
$780,. stock, 1885.
New York-Quiet; middling, GA; net re-
ceipts, AIS; gross, 1,2l5; sales. 60; stock,
172,SSS
Boston-Quiet; middling, 81; net re-
ceipts, 100; gross, $50
Philadelphia-Quiet; midding, 61s; net
receipts 26; gross. 26; stock, 6,753
Daily Movements at Interior Towns
Augusta-Steady; middling, 81; net re-
cepts, $780, gross, $50; sales, 4S7; stock,
1884.
Memphis-Steady; middling, 81; net re-
ceipts, $40; gross. $40; sales, 1,4OO; stock,
126, sos.
ST. Louis-Quiet; middling 1916; net
receipts, 74S; gross, 1882; stock, SS,522
Cincinnatl-Quiet; middling. SIS; net re-
ceipts, 1,O45; gross, 1,O45; stock, 1926.
Houston-Quiet; middling, 15-16; net
receipts 232; gross, 232; sales, ISL; stock,
1885.
Louisville-Quiet; middling, 6.
Exports of cotton this day
GaIveston-Coastwise, 3,774
New Orleans-Coas twise, 1909.
Mobile-Coastwise 247.
Savannah-Coastwise, 40.
OBSERVATION-DISCLOSURES. 11S.
NorfoIk-Coastwise, 1853.
Baltmore-Coastwise, 1900,
New Yorlx--To the continent, 100.
Total foreign exports from all ports
this day: To Great Britain, S.; TO the con-
tinent. 227.
Total foreign exports from all ports thus
far this week: To Great Britain, 1924; to
France, 5,427; TO the continent, 1929
Total foreign exports since Sept l, 1898:
To Great Britain, 3,266, 1888; to France, 697,-
5I9; to the continent, 2,520,S44.
Liverpool, May II, 4 p. m.-Cotton-Spot,
extensive business at firm prices Amer
loan middlng, 8 1920. The sales of the
day were 10000 bales. of which 1000 were
for speculation. and included 1900 Amer
lean. No receipts. Futures opened quiet
with asmoderate demand and closed
steady at the advance; American mid
ding low middling clause, May, s.216
322d, buyers; May-June, 321q322d, buy
ers; June-July, 3.22d, buyers; July-Au-
gust, S22d3.23d, buyers; August Septem-
Der, 3.22d3.2Sd. buyers; September-Octo-
Der, S22d, buyers; october-Noyember, S21
M322d, buyers; November December. 3.2td
value; December-January, 321d, sellers
January-February 3.2ld, buyers; Febru-
ary-March, 3.21Q3.22d, buyers; March
April, s22d3. ed
New York, May 1.-THE extraordinary
demand for actual cotton showing IN AZ
Liverpool was the principal factor In quite
sharp rise in prices this morning. The
market opened steady, at an advance of
3li4 points, and Immediately developed pro-
nouBced activity on the opening cali, with
a further advance Of 1Q2 points. Later
the situation maintained very steady
undertone, despite few periods of reac-
ton under liquidation of long accounts
together with some bear pressure. The
latter was marked by extreme caution.
however, and in addition to the buiHsh
effect Of The English advices, the bulls
had the advantage Of favorable advices
from New England and dry goods dis
ticts while Southern spot markets were
reported TO be firm.
StiIl another bullish factor was the claim
OF damage to the planted cotton. by req
son OF lack Of moisture in the East and
extensive rains IN the West. The trade
here was governed by the fact that spot
SAFES az Liverpool had averaged II 800
bales per days for the last four days. while