The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-07-08
net receipts II bales, gross 50; sales mono;

| net receipts II bales, gross 50; sales none;
stock none.
W1LMINorox, July Cotton firm; mid
ding sIxc; net receipts 50 bales gross SO; sales
none; stock lila bales; exports, ooastwise II
bales
PHILADELPHIA, July Cotton firm; mid
ding l01sc; net receipts 20 bales, gross 90;
stock 1854 bales.
New ORLEANS, July 7-Cotton quiet but
steady; middling 94c; net receipts 416 bales,
exports, to Great Britain 1864 bales, coastwise
100 bales.
MOBILE, July 7.-Cotton quiet; middling
seSc; net receipts II bales, gross II; sales 100
bales; stock 1886 bales; exports, coastwise S01
| bales.
MEMPHIS, July 7.-Cotton steady; middling
| s1$c; receipts bales; shipments 1854 bales
sales 600 bales; stock II 500 bales.
| AUGUSTA July Cotton firm; middling o1sc;
receipts IS bales; sales bales.
| CHARLESTON. July Cotton quiet; middling
e94c; net receipts 149 bales, gross 149; sales
| bales.
ATLANTA, July Cotton firm; middlIng
1850; no receipts.
NEW YORK, July 7.-Consoldated net re-
ceipts for all cotton ports to-day 1,1SS bales
exports, to Great Britain 4,564 bales; stock
at all American ports 23S0O1 bales.
The total visible supply of cotton for the
world is ,406 $50 bales, of which 900, 800 bales
are American, against 1,744,65S and 1911 ,65s
| bales, respectively, last year. Receipts at all
interior towns for the week 4,103 bales, Re-
| celDtS from plantations bales. crop In
sight, 6,S53 $40 bales.
| PROVISIONS, GROCERIES. ETC.
| LIVERPOOL, July Z, noon-Wheat steady;
demand fair; holders offer moderately. Corn
strong; demand fair new mixed western Is 10d.
New YORK.. July :, noon.-Flour quiet.
| Wheat lower. Corn higher. Pork steady; mess
S15@15 25 Lard quiet at IS 55 Freights dull.
| p. m.-Flour, southern dull Wheat fairly
| active, closing weak at lower quotations: OPP
| tons quiet and weaker, closing steady, however,
| n LIMA of 4 al 10 for hal au NJ ra1
| July delivery 8S4c; August delivery $3.50
| SS38c. Corn-spot movement light though
values in some instances are lower; option
trading quiet with market closing firm; No. 2,
| 55s4 Q56c; No. 2, July delivery closing nominally
at 5614c; August delivery 61S6b655c Oats
| The general market was dull, closing steady at
unchanged prices; No 2, July delivery 35S5c;
| August delivery 3l14c; No. spot 36c. Hops
quiet. Cotfee-Brazil growths dull, with spot
| prices entirely nominal; mild grades dull op-
tons dull but steady; July delivery II 00G0
| raw strong; fair refining 456c. Molasses firm
| 1890 bid for 50-teSt. Petroleum firmer; crude,
in barrels, 61AG635c; refined 7Ac at three
ports Cotton seed oil dull; crude 43c, refined
| 47c. Tallow easier; prime city 32kd3 151614c
Pork steady; mess 315 OO0l5 % for new, Sl4 OO
| ola % for old. Beef hams steady; quoted at
SIS 15@a16. Tierced beef dull; city extra India
mess S12 30. Cut meats quiet and unchanged
| Middles dull and nominal. Lard, spot higher
and closed firm; Western steam quoted at So Is
| as 6213; options moderately active, closing
firm; august delivery s. 559s 81, September
| IS 626t8 90. Freights to Liverpool steady.
CHICAGO, July 7.-To-day's action in wheat
was the reverse of yesterdays. Prices opened
| steady, and the first move was a decline of 1c
| In selling for the reaction the crowd evidently
| overdid the thing and there was an upturn in
| prices which regained most of the lost before
| noon, and on the second bulge, after 12 O'Clock
prices went several points above the closing
quotations last night. Early selling to-day was
a continuation of that late yesterday, when il
was thought that the foreigners were working
| the market. Some regard the-bulge of Thurs
| day as too violent, and the decline which fol
| lowed was a natural one, Cables were again
| favorable, while $1,000 bushels were exported
besides about half as much -four from Atlantic
ports. The way in which July wheat is held
caused it to sell at "a premium over August
| early to-day. August prices ranged 8116c down
to S076c, up to Sligo, back to Slasc, up to 811sc
and on the later bulge advanced nearly lc add
tional to 62Ac, returning to SIC as soon as the
little furry over One cause for the strength
was BradShaws estimate on the visible and in
visible supply of wheat. which was of bullish
| character. Wheat closed for the week strong
and at outside prices for the session. July 83c
| August S214c, September SlBc. Corn was quite
| strong during the greater part of the session
| There was little dip in prices from the open
| ing figures. when wheat sold off 1c but the
| feeling was bullsh on the conditions and the
closing prices were nearly 1c higher than yes
| terday. The elements of strength were the
decrease of nearly 900 bushels in the loca
stock for the week, the light receipts to-day anC
|
demand, light offerings and the persistent buy
ing by a large local operator July ranged al
4s3sc and 501ac, closing at 501sc; August sold al
| 1890, down to 1890 49l5c up to 5O35c, closing
at 5O1bc. Oats attracted considerable attention
because of a little squeeze in July Try similar
to the one last month. The shorts were obliged
| to buy, and prices for the month went from
3576c to 32s4c, closing at 321ac. Other futures
were little changed. Provisions were traded in
| to a moderate extent. An easier feeling pre-
vailed, closing sales being at decline of &c, at
| l2}ec on pork, sc on short ribs. but steady on
| lard. The offerings exceeded the demand, even
the shorts, who bought yesterday. being indis
| posed to tax hold.
Cash quotations were as follows: Flour
firm; dealers are inclined to hold to higher
| prices. Wheat-No. 2 spring S2tS3c; No red
s216c. Corn-No. ?, 50d5J1sc. Oats-No. 2
3214 93319c. Mess pork per barrel, Sl3 500
| ID So Lard at IS 206S Pm. Short rib sides
loose g. 55 Dry sailed shoulders, boxed s. 4C
OF 30 Short clear SIS 05Gs 10. Whisky 81 20
Leading futures ranged as follows:
Opening Highest. Closing