Savannah morning news. [volume] (Savannah) 1868-1887, 1885-05-24

| Lville 4 Nash 1897 - pref g.
! Memphis y Char 30 Western Union COZ
/ Mobile Ohio.
| NEW YORK, May 23.-The weekly statement
| OF the associated banks, issued from the clear
ing house to day, shows the following changes: :
/ Loans decreased, 81, 74S, 700; specie Increased.
$S56,6OO; legal tenders increased, 81 DOT, 800 /;
deposits decreased. 81. 90, 900; circulation de-
creased, S95, 800; reserve increased, $2.396 OBS
The banks now hold $59,Sl2,075 in excess Of
! legal requirements.
COTTON.
NEW YORK, May 49, OBJECTION nomi-
nal; middiing uplauds lie; mIddng Orleans
| IL 3-l6c; sales - bales.
! Futures: Market dull. with sales as fol-
lows: May delivery, 10 soc; June, II 03c; July,
ilOic; August, II csc; September 10 sic; Oc-
| tOber, 10 46c.
500 p. m.-Cotton closed nominal; middling
| uplands lie; middiing Orleans II 8 l6c; sales
! - bales; gross receipts j, 9jy bales,
| Futures: Market closed steady. with sales
! OF 22,3OO bales, as follows: May delivery 10 "a
Gl0 95c; June, II ollcll O9c; July, 10 % ellie;
August, II 04Gll O5c; september, 10 776D 10 7Sc /:
October, 10 4l9l0 f2c; November, " 2Tdol0 2Sc /;
December, 10 SGlO &c; January, 10 S79l0 3Sc;
February, 10 47lQl0 49c.
The Post saws: Future deliveries were
/ quiet after slight fluctuations, and the market
! closed steady and 3l00c lower than yesterday,
with the exception OF May, which is un-
! changed"
GALVESTON, May 23.-Cotton firm; mid
d ing l012c; net receipts bales, gross 4 ::
sales 50 bales; stock 5,462 bales; exports, coast
wise TO bales.
NORFOLK, May 2s.-Cotton quiet; middling
10 lGc; net receipts l47 bales, gross IA. I;
sales II bales; stock 1887 bales; exports, coast
wise 100 bales.
WILMINGT0N, May 23.-Cotton steady: mid
ding l0Hc; net receipts bales, gross 2;
stock 6t9 Uaes; exports. cOastwlse l2l bales.
NEW ORLEANS, May 33.-CottOn quiet: mid
ding l0I4c; net receipts 2S8 bales, gross 40S;
sales 500 bales; stock 9l,72O bales; exports,
cOaStWlse 2. 20l bales.
MOBILE, May 28.--Cotton firm; middling
l03sc; net receipts IL bales, gross ID; sales
zoo bales; stock 1901 bales; exports, coast
wise 269 bales.
MEMPHIS, May 2s-Cotton firm; middling
l03sc; receipts 80 bales; shipments 6S4 bales:
sales 500 bales; stock 22.l59 bales.
AUGUSTA. May 23.-COttOn quiet: middlIng
lOHc; receipts u bales: sales 399 bales.
CHARLESTON, May 23.-COttOn quiet; mid
ding l05sc; net receipts p bales, gross u;
sales T. 1870 bales.
NEW YORK, May 2S.-Cousolidated net re-
ceipts for ali cotton ports to-day, ,203 bales;
exports, to Great Britain 597 bales.
The total visible supply OF cotton for the
world Is 2,26,4lO bales, of which l66z, 80 bales
are American, against 2i7O,O69 ana 1854, 269
respectively last year. The receipts of cotton
at all interior towns for the week were 1888
bales; receipts from plantations 769 bales.
Crop in sight. 5,559, IS bales.
PROVISIONS. GROCERIES, ETC.
LIVERPOOL, May 23.-Tne Aatb Lane En-
press SAYS: The cold weather brings the
season dangerously late for crops, which are
already 50 backward. The quantity Of cold
rain which has fallen is unfavorable for the
wheat crop, the color OF which is getting
worse daily. Should the weather change it is
still doubtful whether wheat would regain
what it has lost during the month. Foreign
wheat is slightly more active. on coast trade
was confined to one sale. There were SIN ar
rivals. Eight cargoes were Withdrawn and
six remained, including three Of California
and one Of Oregon"
NEW YORK, May %, noon.-Flour dun and
heavy. Wheat lower. Corn lower. Pork dull:
mess, $l9 %. Lard weak at 9jc. Freights
steady.
500 D. m.-Flour, Southern unchanged
Wheat-spOt lots declined AG13c, closing
firm; ungraded red. on spot 8 'c(gSl 10: un-
graded white 81 CO; No. 2 red, May delivery
nominal, June 81 021S01l 025S. COrn-spot lots
151s1c lower; ungraded, SO q55c; No. 2. Nav
delivery 5i3s@5tc; June 81 05i54c. Oats y a.
lc lower but more active; No. 2. 371z(gSSi4c.
Hops unchanged. Coffee, fair Rio, on SPOT
stronger at SIC. Sugar firm ana unchanged;
refined closed quiet ana steady-C $40
SIC, extra G 514(0596c, white extra {
TONERS &C, cut loaf ana crushed nc. pow
dered &C, gran ulated 6Jse cubes n 4c. Molas-es
unchanged. Cotton seed oil-3JG35c for crude,
3JN40c + r refined. Hides quct and rather
weak Wool quiet. Pork duli and Father
weak: mess, on spot Sl2 90. Middles dali:
long clear CSC. Lard 5G6 points low er and
less active: contract. on spot SOC, june de-
livery 906g8 9jc. Freiphts to Liverpool steady;
cotton, per steam "a; wheat, per steam 215d.
CHICAGO. May 23.-1he day on Change was
one OF extreme dullness. There were very
few features OF interest, ana the markets all
Jagged. While prices were generally easier.
the feeling was one Ofcomparatlye steadiness.
10 judge from the colnments of leading
traders the period Is close approaching for .
radical change in the temper OF the market
in one direction or the other, rs the critical
time for the growing crop is approaching.
and il is felt that very clio e estimates as 10
the probable yield will be possible by the close
OF the present month or carly IN June. There
has been very little outside trading during
the past two weeks, ana speculation IN wheat
has been confined very closely - local opera
! tors. Still the opinion is very generally held
that some heavy operators must have conf
dence am are holding wheat Ia signt, or else
| the market would have broke more rapidly
under the daily process of hammcring 10
which IL has been subjected for the y +st three
wceks. There Was q report % day that Min
neap liis millcrs had reduced the price OF
wheat. but this was on.et by the statement
that there WA au increased outward muVe-
ment from Milwaukee and Duluth. a. 20 con-
sequence OF the phenomenal cheap frelghts.
/ IN. weather was warmer ana more favor
atle The market declined 5kc and clos q
| about Jsc under yesterday. There was a
weaker feeling in corn, ocGasioned by IN
| creased receipts and expectations Of heavy
/ arrivals next week. ana some long" corn
| was thrown on the market. There was
| strong effort made az one TIME % depress
! prices bv Offering large blocks, bat they were
| taken. after which the market was quiet and
steady finally closing - 1lc under Yesterday.
! A decline Of about lc occurred 90 oats, OWING
90 large arrivals and estimated large arrivals
next week. Trading In provisions was light
aud the feeling was weak, accompanied by
lower range Of prices.
FiOurunchnnged. Wheat duh. declined 80,
clusing &c under yesterday; regular. May de-
livery Ssl.fDS-94o. june 50 1855 sc, july 4lls
al1sc Corn weaker. closed c under yester-
day cash lots lSc. May delivery 4fAMis5zc,
June 45Nwb1c, July f6,kgA Nc, Oats 10
lower, closing az inside ngufee cast lots ts-sc'
June delivery s2t4 d33ise- July 8gl4ojiblc'
Proyieions-Moss pork quiet and ea.ier. cash ,l,i
lots 81 O11gll 90, June delivery $40 $40
oil 1917, July 81 0Iis0pl 22lz. Lard quict
AMI 5G5i5c lower. cash lots 'o0D6 75c. june
delivery 3 ZOOS Tso july I7lS1t6 $50. Boxed
mealis QUIET ard easter. dry sailed shoulders
Z l5,ri goc short ribs 3 5iGDS 57<c, clnar 900
@ oas. Waisky steady 40 81 10. Sugars hrm at
full price.
ST. LOUIS May 81 Flour unchanged.
wheat lower, closing 5k.0ifc below yesterday;
No. q red. cash Al o ~ 0tA, June delivery