The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-02-17

lands l0Ssc, middling Orleans l024c; sales to-day
29i bales; ret receipts 46s bales, gross 4,osl
Futures-Market closed barely steady, with
sales of 5l,cOO bales as follows: February
delivery 10 5sG 10 53c, March 10 soc, April 10 65
@l0 66c, May 10 no 10 7ac. June 70 80 10 79c,
July 10 sea 10 Sic, August 10 S20 10 Sc, Septem
Der 10 $50 10 Soc. October 99Gl 10 OOc, Novem-
Der 500 Sc December Sc, January 1850
9 95c.
Green & Co, s report on cotton futures says:
The market does not secure any influence to
lift it from the dull and monotonouS rut OF late
noticeable Some little covering took place To-
day, and that furnishes about all the demand,
which, together with the efforts of bulls, was
sufficient TO hold values up very well, as there
was no special effort made to sell Indeed gen
orally trade was abandoned to room traders.
and they lacked spirit TO make the effort for
even an ordinary Scalplng deal The run or
the crop movement maintains pretty tuI
figures, but found balance in industriouSly
circulated reports of good trade, both at home
and abroad, and the presentation OF this latter
feature is the principal card at present upon
which operators for a rise seek to support Their
case, After touching fraction above last even
ing the market finally settled 10 point or two
OFF, and closed borey steady"
! GALVESTON, Feb 1G.-Cotton firm; middhng
| 9tSc; net receipts 1889 bales, gross 1859 sales
g6 bales; stock 20, lSS bales; exports, coaStwSe
| 1913 bales.
NORFOLK, Feb 1G.-Cotton steady; mddling
| 10 l-l6c; net receipts 500 bales, gross FOi
sales - bales: stock 1884 bales; exports
| coaStwiSe 1873 bales.
| BALTIMORE, Fen. ID Cotton nominal; mddling
! none; stock 11,62S bales; sales 10 spinners
| bales; exports, to the continent $50 bales,
Boston. Feb. l6-COtton quiet middiinS ioaic;
net receipts 2l1 bales, gross 92s; sales noae;
stock none; exports, TO treat Britain $40 bales.
WILMINGTON, Feb l6.-Cotton firm; middlng
| lHc net receipts 10 bales, gross 1873; sales
none; stock 10.2l9 bales.
PHILADELPHIA, Feb. l5.-Cotton steady; mid
ding lO3ic; net receipts none, gross 456 bales;
stock % 40 bales; EXPORTS to Great Britain l,O9S
bales
Ar-,xr Dr,v, L-,IN -Fao Ixr.,
ding 91Sc net receipts J, go bales. gross 6.3I5;
! sales 300 bales; stock 81 sos bales; exports
to the continent 1873 bales, coastwise 1872
MOBILE, Feb. l6-CotLon quiet; mdiling
l3l6c net receipts 20 bales, gross -;
sales 500 bales; stock 3S,991 bales; exports
coastwiSe $50 bales.
9$sc; receipts LIZ bales; shipments l, 133 bales
sales 8 800 bales; stock l22 81 bales.
| AUGUSTA, Feb. 16.--Cotton quiet; middling
l5-l6c; receipts 35i bales; sales 319 bales.
| CHARLESTON, Feb. l6.-Cotton firm; middling
101sG1014c; net receipts 900 bales, gross 900
bales; sales 900 bales; stock 32,0lo bales.
ATLANTA, Feb 16.-Cotton quiet; middling
Q l3-l6c; receipts 1893 bales
| NEW YORK, Feb. demonstrated net receipts
for all cotton ports to-day - 1850 bales exports.
to Great Britain 2,O12 bales, to the continent
2oS; stock at all American ports SSj, Isl bales.
PRovIs1oNs, GROCERIES, ETC.
| LIVERPOOL, Feb 16, 1890 .. m--Wheat dull;
demand poor; holders offer freely. Corn quiet,
| with poor demand
New YORK, Feb 16, noon.-Flour dull and
declining. Wheat a shade stronger. Corn
| trife better. Pork steady and quiet mess Sis p
| G15 80. Lard easier at s. 9715. Freights dull.
500 p. NV heat-options advanced 4@ 3sc,
closing firm at about best; spot firm but quiet;
| No. red. February delivery ss1Ac, March $3.50
| Soc May 9O5sGl911sc. Conceptions closed firm;
| spot firm and moderately active; No. =, Fehru-
airy delivery $3.50. March 59c May 5s95S9Sc.
| Oats-optons 1s0l9Sc lower; cash steadily held;
| No 2. March delivery 379sa37 10 16c, May 1895
| 63734c, No. spot 3S19 G39c. Hops dull Cot
| fee, fair Rio. on spot duh at l6c: options 200
| 30 points lower and only moderately active; No.
| Rio, February delivery 10 00413 15c, March
| ~ 40D12 6Oc, May IL 15D12 Soc. Sugar steady
and unchanged. Molasses dull and lower; 80
test zoe Hides steady and quiet. Wool IN
changed; domestic fleece 22QI37c, pulled 1895,
| Texas f3@22c Pork steady. Beef dull. Cut
| meats quiet but steady. Mlddles nominal. Lard
Western steam. on spot s. 9Ods 05, March de
| livery s. S1G17 So, May :: 1907 SO. Freights
quiet; cotton I'D, grain 114d.
| CHICAGO, Fen. 16.-There was considerable
| activity on Change during the morning. AT
| the opening prices for leading grains were un-
| changed, but trading was limited, it at
| first closely watched, there being much uncer-
| tainty what sort of action would follow yester-
| days sharp declines. Before there was any de-
| cided action in grain the bears began raid on
| provisions. Their efforts were mainly directed
against pork. By preconcerted selling and SEN
| sational offerings below the market the price
| broke SOC in short order The decline in May
was from S14 30 to S13 So OF course reaction
| followed. The break induced large packers and
| pears VINO nave Deen SNORT several U1OnJnS 10
begin covering. Large lines were rapidly alb
| sorbed and the decline was stopped and prices
| started upward, and before long had reacted to
| S14 10. Trading decreased somewhat after mid
| day. The feeling became nervous, values
ceded to S13 9715, but closed at S14 co. 321ec be-
| low last nights close. Short ribs were active
| and declined 10G}1219c, but reacted 216ll5c and
| closed steady. Offerings by scattering holders
| were large, but buyers absorbed them quite
| readily. Lard was SLOW but held up stubbornly.
| May sold at 81 67Gt7 10 closing at 81 IS. Corn
| was an interesting market. On early weakne
| in pork the crowd pounded if and succeeded in
| ge ting themselves very snort. May opened at
| JO11c sold down to SOC, but about the time pork
! turned upward there were some buying ORDERS
| which caused a second furry. The bulge was
started by two or three local houses bidding nc
| over the market. which started the crowd and
| there a scramble for cover. In few min
utes May jumped from Soc to 5019c. and before
noon sold at 5O34c, finally closing at 5O2sc
| There was nothing in the adviceS 10 warrant
any better prices for wheat this morning than
on Yesterday. The crowd was ready for a re-
action, but it was delayed by a raid on pork
The price was SUSTAINED at SOC for May by some
persistent buying. 1t opened 16c better than
the close last night at SO14c When the reaction
came in pork and corn the wheat crowd took
advantage of it and prices advanced 3sc, to;.ch-
ing S03kc about noon The closing hour was
more quiet, and May hung around s01BGs014c
and closed for the day at sO3sc. Oats sold
within &c range.
Cash quotations were as follows: Flour
steady and unchanged. Wheat-NO,2 spring 75Ls
arc: No. red 7916c. Corn - No. 2 4711c.
Oats-No. ?, 27146l2S1hc. Lard 81 80. Short rib
sides, loose 81 8. Dry salted shoulders, boxed
81 9O(16 05. Short clear sides, boxed 81 9olS 90.
Whisky 81 49,
Leading futures ranged as follows: