Savannah morning news. [volume] (Savannah) 1868-1887, 1885-01-04

RacIHc Ia, and Western Union 81 per cent.
Near the close Pacific Mail rallied to IS, but
as rule the market left of weak. Specula-
ton was adversely affected this afternoon on
reports OF lower passenger rates at Chicago
ana on a falling OF in east-5Ound shipments.
Coal shares were attacked on reports that
foreclosure proceedings had been instituted
against Reading. Compared with last nights
closing, prices are 5zlplz per cent. lower, eX-
cept for Canadian Pacific, Central Pacific,
Northwest, Delaware and Hudson, Missouri
Pacific, and Omaha, which are 1S0l5S per
cent. higher. The sales were 2s3. 900 shares
the market closing at the following quota
tion6:
Ala. Glass A, 1tob. 50 Nssh. a Chstt'a 81
AlA.class b, be.... SO New Orleans Pa
georgia b. lult clGC, LIST mort. 80
" fs, mortgage +lOl15 NY. Central. s.
\. Csroilnss .---+s0 Norf. q ". pref. 20
new - Is Nor. Paci1c.----. 1921
- funding $50 Z" pref 4C1S
so. Caro-. Brown Pacific Mail - 54Z
consols --.-. lC412 Beading .......... liz
Tennessee ST.. - Richm'dEAPgh'v 9
Virginia Gs.-.... t3S Ricbm'd z Danv "a
Va consolidated SIS Richm'c q W.Pt.
Chipeske & Ono. 81 Terminal - IS
Cnic.& 'rtnW'c. e57s Rock Island ..... l06I
=" preferred =. III ST. Paul ... 72s5
Den. & kiOGFande - preferress ll3lS
Erle -----.-- ~ Texas Pacific. .... I27z
y. Tennessee I'd Union Pacific 1867
Lake Shore. 62z Wabash Pacific 81
Lvllle q Mach. 25Z % pre-! . I3
Memphis q ChRr. 26 Western Union 81. 543k
Mobile 4 Ohio. %
Bid.
The weekly statement OF the associated
banks, issued from the clearing house to-day,
shows the following changes: Loans in
creased, Sz,Ol3,5OO; specie decreased, 1902. 200:
legal tenders increased. $76i, 600; deposits in
creased, ,544, 200; circulation decreased, S2l9
500; reserve decreased, 1924, $50. The banks
now hold $40, O20,62J in excess Of legal require
ments-
COTTON.
LIVERPOOL, Jan. 3, noOn.-Cotton firm; de-
mand light: middllng uplands 6d; middling
Orleans 61sf. sales 5000 bales, for specula-
ton and export LOCO bales; receipts $4,000
bales-AmeTican 2. 500.
Futures: Uplands, low middling clause,
January and February delivery, 6tlp5 63-64d I;
February and March, 1895 3-64d; March
and April, S-6AG6 1-64d; May and June
g l6-64'G6 l5-64d; June and July, l9-64Q
c lS-64d. Market quiet.
? p. m.-saIes to day included $500. bales
OF American
Futures: Uulsnds. low middlfng clause
January delivery. 63-64d. buyers; January
and February, 63-64d. buyers; February and
March, 3-6id, sellers; March and April.
6 7-64d, sellers; April and Nav, 6 lI-64d. sell
ers; May and June. lj-64d. sellers; June and
July, iS-64d, value; July and August,
| 22-64d, sellers. Market closed barely steady.
NV AOAE, Jan. 3, hOon.-COttOE very
! dull; midinng Cpiands D1Sc; middhng % =
| leans ll5sc; Lee Is bales
Futures: Allrss. opened steady. with sales
/ "a fellows: January u-IyeFy. IL l3c- February.
/ u l5c; March. II &c; April, u 4Oc; May.
! 5s0p. m.-CotJon closed very dull; middling
! uulands IllZc. Euid1IlEE Orleans, ll5sc: sale
Iu3 bales; ret reccInts Leo bales, gross 6,37S.
I Futures-ai GEEes closed barely steady, VIII
/ 5aic7 0f 1880 bales, ~ follows. January de-
| livery. u l2aIl lie; February. II lO0ll lie;
March. II 2l;Gll 225: April, II 80 OH 36c: May,
] llsSGIi l9e; June, II COOL Gle; July, IL y %
| u 73C: August, II S2Gll SIC; September, IL As
I OIL f9e; October, 10 959l0 97c.
| Ine FO5rs cotton report SAYS: Future de-
| liveries gradually declined, and closed barely
| steady at s-l0oG4-l00c lower than yesterday. ;"
I GALVESTON. Jan. 3.--CCJtOn steady; mo-
/ ding 10 slice. net receipts 1854 bales. gross
| S3SS; sales l29 bales; stock 1850 bales. ex-
] ports. To Great Britain $500 bales, to the con-
| tincnt 75i, cOastwise 500.
| NORFOLK. Jan. 3.-CottOn quiet: midfIsuz
{ lC3{c; net receipts 1921 bales, gross 1921
/ sales 2,23S bales: stock 53,162 bales; exports,
! cOastySIse 2,596 bales.
ding lol4c; net receipts 452 bales, gross 452;
NEW tjRLEANs. Jan. 3.-Cottor quiet: mid
| ding l0lzc: ret receipts 6,596 bales, gros.
$50; sales loo bales: stock AZ, AS bales: ex-
| ports, to Great Britain 1850 bales, cOastwise
| MOBILE, Jan. 3.-COttOn dull: middline
1O<c; net receipts z,79S bales, gross 28l2; sales
I 100 bales; stock 55,2e bales; exports, TO the
continent geo bales, coastwise l,l47.
MEMPHIS. Jan. 3.-JUJJOo firm; midGliug
1880: receipts 567 bales: shipments 1855 bales:
| sales 1850 bales; stock Ia, 429 bales.
AUGUSTA, Jan. 3.-JOttOn quiet; middliDg
! 1850; receipts 1870 bales; sales al bales.
/ CHLRLEsT9S. Jan. Section quiet; mid
ding 10skc: etreceipts I.64S bales gross I,G43;
| sales 40 bales: stock 57.e23 bales; exports,
[ cOastWise $685. bales
I ceIpts For ali cog1on poEts to-day 26, 233 bales;
[ exports. 20 Great Britain 20,492 bales, 10
! the continent : .g54.
The total visible supply of cotton for the
world Is 3,O5i2 53 bales Of which 2,629,053 bales
I are American, against ,l44,67l anu 1888, 81
| respectively last year. The receipts of cotton
! al all interior towns for the week were 7l,72t
bales; receipts from plantations 1908 bales
/ Crop in sight. 1925, ga bales.
PROVISIONS, GROCERIES, ETC.
LIVERPOOL, Jan. 3, noon.-Breadstuai
strong and slightly dearer. Wheat, California
| No. ], Is 4dG75 I'd; California No. 2, 7s L
| On7s al: red Western spring Is Id617s Al: ditt1
J winter, Is ld,07s Cd. Corn, new mixed s. Id
Lard, prime Western SIS. Cheese, American
| fine 64s.
Hheat firm but quiet. Corn dull and lower
Pork firm; mess, Sl2 5Ct9I3 90. Lard firm al
| Z l51zc. Ereights steady.
500 p. m.-FlOur, Southern closed quiet
Wheat-spOt lots Se2l2c higher; ungraded rec
79.GS7c; ungraded white sec; No. red
January delivery $4,000. COrn-spot lot
5491<c better; ungraded 49l152c; Southern
yellow sc; No. , January delivery 495s95lc
Oats 1z(9I6c higher; No. :, S4s<(GS554c. Hop
firm. Coffee, fair Flo, on SPOT, firm at $50
No. Rio, on spot l5c, January delivery
s 1OGS I5c. Sugar dull and unchanged; fan
to good refining 4zg45sc; refined quiet. Mo
leases unchanged. COttOD-seed Oil-S5,G37c fol
crude, 10000 for refined. Hides steady; New
Orleans and Texas selected lOgllc. Woo
firm. Pork firm ana moderately active
mess, on spot $l3 50gl2 IS. Middles firm
long clear &C. Lard SOLO points higher
Western steam, on spot and nearby 1907 l5c
January delivery 0Sg7 l3c. Ereights tC
Liverpool dull; cotton. per steam 3-64d
wheat. per steam 434lG55Id.
/ CHICAGO, Jan. 3.-The day was marked by
a high pitch OF excitement on Change, snC
the week closed with decidedly strong feel
ing animatng the grain market, notably
wheat. which on the curb this afternoon solo
for May up to SIC, with calls gong TO $50
| SS3<c. The market opened &c higher for Feb
ruzry aud May, but the disposition to realize
profits by selling out which manifested itsel
] so cOnspicuOusiy at the late advance Of yes
terday afternoon was still dominant, and al
| above S5c or around it a large amount OF
| wheat was sold. This, of course, broke down
| prices, but tue market absorbed the offerings
| with surprising readiness, and stood up und'sl
the load as though It had good deal of back
bone. IL was felt on one hand that the 9,
| bulge had been too rapid, and on the Other
that the market was destined TO go gOOC
deal higher before the rise was over, hence
the former party was selling and the latter
/ buying. and between the two prices wen
back and forth over the same ground mum
Der OF times. Liverpool was frmer and MARI
I Lane rising. California was quoted Cd pei
quarter higher and red winter Is better Cali
| fOrnla on the passage was Is higher, and rec
| winter for prompt shipment Cd better. Stocks
/ in United Kingdom OF wheat and -four were
cabled to be 100000 quarters, or about l6,-
I 10000 bushels. The receipts to-day were Is;
! cars, against l95 yesterday. Private dis
patches from New York said the country was
buying large ' and local lOngs were selling
Late cables DO not come up 10 full advance
here. Some buyers, however, were deter
mined to hold for higher prices. There il
very little to note in the corn market, a
| prices remain within very narrow rangl
and trading is altogether limited Liverpool
was quiet at unchanged figures. The receipts
were 33S cars, against 3S4 yesterday. with 10
Of No. 3 and car Of No. l. The stock of corr
is cOnfessedly light here and in England. bu
there IS no Improvement in prices at the dis
cOveTy. IS the lower grades continue to sup
ply the current demand, and No. is not mucl
called for. The general demand for corn. II
. fact, does not seem TO be as urgent as II ha
been OF late years, especially for the bettel
grades. Under the later buying OF wheat
corn improved lt0llz &c. Oats were about 4,
lower, with limited trading. February pOrl
opened at Sll 50, sold up to Sll As and back {,
Sill 40. February lard opened higher at SIC
and appeared to be more active than it ha
been. Foreign buying OF lard has begun
again, and, as compared with pork, il i
thought to be cheaper.
Flour firm; good to choice spring extras
So OOG3 80. Wheat opened steady; closed ~
/ higher; January delivery 775S0g79I4c; No.
! spring 775k(G791<c. Corn firm and ISl1l,
! higher; cash lots S414CGS51Sc; January de
livery 341zdS55<c. Oats firm and a trih,
higher; January delivery 251sG251zc. POrl
unsettled; closed 5SGlOc lower; cash lots SIl 8
oil IS; January delivery Sll 309ll 30. Lars
] l.. - a. nWah L.