The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-07-29

tonal advance. "
GALVESTON, July 2s.-Cotton steady; middlng
9;6c; net receipts 81 bales, gross "a; sales /
bale new; stock 81 bales.
NORFOLK, July 2S.-Cotton steady; middng
10 ol6c; net receipts i bales, gross 49, sales 1874
bales: stock S04 bales; exports coastwise 1877
bales, to the continent 1000 bales.
BALTIMORE. July2S-Cotton nominal; middling
lO1ec; net receipts none, gross none; sales none;
stock 1870 bales
BosroN July 2s.-Cotton quiet middling
1880; net receipts Pa bales, gross a94; sales
none; stock none.
WILMINGTON, July 2s.-Cotton quiet; mid
ding 99c; net receipts ia bales, gross l14 sales
none; stock $50 bales; exports, coastwise 203
bales.
PHILADELPHIA, July 2s.-Cotton firm; mid
ding 10 l5-l6c; net receipts none, gross bales;
stock 4.O9S bales.
NEW ORLEANS, July 2s.-Cotton steady; mid
ding 19c; net receipts 300 bales, gross 299;
sales so bales; stock q, $50 bales exports, to
Great Britain 7S5 bales, cOastwSe 336
MOBILE, July 2S.-Cotton flrm; middling
934c; net receipts 9 bales, gross 9; sales 100
bales; stock 1,906 bales; exports coastwise 60
bales.
MEMPHIS, July 2S.-Cotton steady; middling
1oc; receipts - bales shipments 1870 bales;
sales 20J bales; stock 1900 bales
AUGUSTA, July 2S.-COtton firm; middling
lO1ac; receipts bales; sales 81 bales.
CHARLESTON, July 2S.-Cotton quiet; mid
ding 934c; net receipts 1875 bales, gross 1876;
saleS none: stock 13j bales; exports, to the con-
tinent 800 bales, coaStwise G9}.
NEW 1OEk. july So.--lOnSOl1HLeu neU re-
oeipts for all cotton ports to-day LIPS bales;
exports, to Great Britain 7S5 bales to the
continent 1890; stock at all American ports
1856. l75 bales.
The total visible supply of cotton for the
world is 1,19S,742 bales, of which S24,042 bales
are American, against 1514o24 and S6l ,72i
bales, respectively, last year. Receipts at all
interior towns for the week 3,7S2 bales Re
ceipts from plantations 4, 126 bales. Crop in
sight, $3.50, 04l bales.
AS returned by the Journal of Commerce. the
cotton movement for the week, with compar-
for the same period last year, was as fol
lows: Receipts at interior towns 4,i23 bales
against II, 53S bales last year. The shipments
were 1856 bales, against 1857 bales last year
Stocks remaining 1850 bales, compared with
2S.029 bales for the same time in 1887. The re-
ceipts at ports were S2l1 bales for the week.
against 1851 bales the same week last year
Deliveries from plantations were AGES bales,
against ,261 bales last year and the total de-
liveries from plantations since Sept. 1 amount
ing to 5,505 494 bales against olS5,O53 bales for
the same period last year. or an increase of
$780, AL bales, and total crop in sight to July n
amounting to &, 1913, PCS bales against 6,354, lis
bales the same time last year, or an increase of
SAP, 152 bales.
PROVISIONS, GROCERIES. ETC.
LIVERPOOL, July %. noon.-Wheat firm; de-
mand fair; holders offer sparingly; California
No. /, Us 11dM6s lid red western spring
IS 816d@6s 916d; red western winter is 8t6d1
Is 9lad. Corn steady; demand fair; new mixed
western is 616d.
NEW YoRk, July %, noon.-Flour quiet but
steady. Wheat higher Corn strong and
higher. Pork firm; mess Sl5 OO015 %. Lard
stronger at So 5000 90. FreightS steady. Old
mess pork S14 25Q1l4 50.
500 p. m.-Flour, southern more active and
steady. Wheat-spot 16Q34c better, closing
firm; options ruled strong all day, with con
siderable covering; No. red, July delivery 91a4
@9219c, closing 92l8c; August delivery 911aQ
924c closing 9118c. COrn-SpOt quiet but held
firmly; options irregular but closing firm; No.
2, August delivery 64Q5414c, closing 45c; Sep
tember 5396QL54c, closing sac. Oats-options
a trfe higher, but quiet; cash steady but quiet {;
No. ?, August delivery 3o19c, closing 30l5c;
September 291402935c, closing 994c; mixed
Western 34Qy3sc. Hops steady Coffee, spot
fair Rio dull and nominal at 1414c; options
opened weak, but closed stcader; No. , Rio,
not quoted July delivery II 20c, August de-
livery 10 60010 65c Sept -mber delivery 1Oc.
Sugar dull and unchanged refined dull
Molasses dull and nominal Petroleum firm !;
crude, in barrels 63sQ0634c; refined 115c at all
ports. Cotton seed oil quoted a. 41t6c for
crude and 4604719c for refined. Tallow firm.
Potatoes qnet but steady; Norfolk. new 5 500
IS; Southern 81 00@1 25 Hides quiet but
steady. Wool quiet but steady. Pork very
strong and in moderate demand; mess 5l4 25Gt
II 80 for old; SIS 00@15 25 for new. Beef dull.
Beef hams quiet. Tierced beef dull. Cut meats
firm but quiet, Middles dull. Lard slightly
higher and firm, but very quiet, Western steam
on spot quiet. August delivery IS S7GS IS;
September delivery SIS sO@S 90. Freights dull
cotton 5-64d.
CHICAGO, July 2S-Wheat to-day advanced
&c. in about two hours, without any great eX-
element. 1t was a case in which gOOdly short
interest, buying for long account, and buying
agents for foreign account all combined to
make broad and strong market, In addition
to the bad weather abroad the failures OF much
of the new wheat on this side of grade number
2. and the favorable export clearances converted
many Indifferent ones into enthusiastic ones.
The opening prices were about lac last
night. The first few minutes started prices up
brisky and before noon August sold up to SIC.
f.,A g o1,.v
lac. IN each case. Then came reaction of &c
on realizing sales, and after 1880 O'Clock prices
started up again and touched 6214c for August
and S2I6c for September. Again there was a
reaction of NC partly restored afterward, the
closing prices being SEC. for August, and 823Ac
for September. The corn market was weak
while everything else doomed. 1t started off in
steep with wheat, August sold from 1890. to
dc, September from 45c. to 4534c., and Ccto-
Der 1880 to 45c.. but the pace was too rapid. 1t
halted then it turned down. and it kept going
down, closing prices showing decline of 16c
as compared with yesterday. The range was
MG116c. Receipts to-day were 35S cars against
estimates of 80 cars, and estimates for Monday
run from 425 to 440 cars. The board table shows
the shipments for the week. to have been 49,
s27 bushels. Against /, 0S1 1923 bushels received
Brilliant crop prospects continue to be the club
to depress values and the free movement
from the interior indicates lack of
country confidence in higher prices
The trade to-day was quite up to
the average volume. Oats attracted little at
tention. Early futures declined slightly for
the session. while other futures were steady.
Pork was active and advanced 22l9c, but re
ceded and closing sales showed a net gain of
l5c. A fair number of outside buying orders
were received. but the bulk OF trading was by
local scalpers Shorts have become demoraliZad
at a continued advance, and covered freely aud
bid prices upon themselves. The feature Of to-
days trading the sharp demand for
January and the year. September opened at
$l4 25, sold to S14 %, receded to Sl4 3116 and
closed at that figure. Year sold at Si3 00Gtl3 25
and closed at the top. Lard was moderately
active, and closed 216c higher. September sold
at SIS S216(gS So; January at s. TO- Short ribs
were in fair request ard September sold at
s. 300S 371s, and closed at IS 35, gain of SOC.
Cash quotations were as follows; Flour
duh and unchanged. Wheat-No aspiring $3.50.
Corn No. 3, 451sc. Oats-No. 2 1880. Mess
pork. per barrel, 3l4 25QD14 30 Lard at S. 80
Short rib sides, loose IS 30. Dry sailed shoulders,
boxed g. 25G7 40. Short clear IS 1903 10.
Whisky 81 20.
Leading futures ranged as follows:
Opening. Highest. Closing
No. 2WHEAr-
July delivery. S2A s815 s3Z
Aug. delivery. SO38 624 "