The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-29
COTTON.

middling Orleans 57-16d sales 900 bales, Tor
speculation and export 1000 bales; receipts
20 900 bales-Ameriean IL 200.
Futures-Uplands, low middling clause
june and July delivery S 23o4d July and Au-
| gust A-64d; August and September 23-64d
| Market dull and inactive
The tenders Of deliveries at to-day's clearings
amounted to 200 bales old dockets
American
Futures -Uplands, low middling clause, May
delivery 24-64d. buyers; May and June "a Gid
buyers; June and July 24z64d, value; July and
August 25-6sd sellers; August and September
ga-o4d, sellers; September and October l4-64d,
| Sellers October and November 5S-64d. sellers:
November and December 7-64d, buyers Sep
temoer 24-64d. sellers. Futures quiet
- p m.-Futures: Uplands. low middling
clause. May delivery 24-64d. sellers May and
june 24-64d sellers; June and July 24-o4d
sellers; July and August 5 24-64d, buyers; Au-
gust and September 5 23-64d. buyers Septem-
Der and October 14-64d, sellers October and
November 9-64d, sellers; November and De-
cember 7-64d, buyers; September 23-64d
buyers Market closed steady.
New YoRK, May g, noon.-Cotton steady;
midd1ng uplands 1Oc, middling OrleanS 101sc;
sales 36S bales
| Futures-Market opened quiet but steady with
sales as follows: May delivery e0c; June 90c
July 10 O0c; August 10 csc; September 9 zoe;
| October opened 9 44c.
500, p. m.-Market closed steady; mddling
upands l0c, middling Orleans 1015c; sales to-
| day ~ bales, also during the week not pre-
yiously reported 72l bales; net receipts 3Ss
| bales gross 3,33S bales.
Futures-M Market closed duh, with sales of
| $4,000 bales, as follows May delivery 6a@s Ole
June 5000 Ole. July 99010 00c, August
| 10 Csc, September Q 6909 roc October 456o
9 46c, November s6@s9 &c, December 37@
| March 6009 &c.
Messrs. Hubbard. Price & Co. 8 cotton crcu-
lar says: 1T has been slow and dragging
market, with constant struggle necessary to
nreVant A. AIypNvQ r1 aNxoc Hirnn
| pressure of an important character noticeable
but buying capacity seems to be for the present
exhausted, and as soon as some of the long cot
| ton commences to seek profits, the least at
| tempt to realize leads to an easier feeling
| Closing prices show decline of point since
| Saturday"
GALVESTON, May 2s-Cotton steady; middhng
9 7l6c; net receipts none, gross none; sales
| lO4 bales; stock 1898 bales.
NORFOLK, May 8.-Cotton quiet; middlng
1876; net receipts go bales, gross go; sales
272 bales: stock 1889 bales; exports, coastwise
BALTIMORE, May 2s.-Cotton quiet; middling
| l0c; net receipts none, gross SIC bales; sales
none; stock 10 44S bales; exports, to the CONT
nent 1898 bales.
Boston, May 2S-Cottouquiet middlng 1o1sc;
| net receipts 7O1 bales, gross 1,1s2; sales none;
stock none
wnMINaroN, May 2s-Cotton quiet; mid
| none; stock 2,644 bales
PHILApxLpHIA, May 2s.-Cotton dull; mid
ding 10Ac;. net receipts - bales, gross -;
stock ID, 66S bales.
New ORLEANS, May 2s-Cotton steady; mid
ding 9l6c net receipts ,4S5 bales, gross 213l ;
sales 4,25O bales; stock 127, 1853 bales bales.
MOBILE, May 28-Cotton quiet; middlng
9s6c; net receipts SO bales, gross So; sales 100
bales; stock 1888 bales; exports coastwise $50
bales
| MEMPHIS, May 2S.-Cotton quiet but steady;
mlddlng 9.l6c; receipts 9lS bales; shipments
618 bales; sales $50 bales; stock 90 69S bales
AUGUSTA May 2S.-.Cotton firm; middling
| 99Sc; receipts IA bales: sales 1868 bales
| CHARLESTON, May 2S.-Cotton quiet: middling
| 11-16c; net receipts 5S5 bales gross 585; sales
100 bales; stock 3t949 bales.
| ATLANTA, May 2S.-Cotton steady; middling
91kc; receipts IS bales.
| New YORK, May 2S-Consolidated net re-
| ceipts for all cotton ports to-day 4125 bales
exports to Great Britain 1861 bales, to France
| ia bales, to the continent 5 795 bales stock at
| all American ports 402,0S3 bales.
PROVISIONS. GROCERIES, ETC.
LIVERPOOL. May %, hhoon.-wheat quiet but
| steady; demand poor; supply good. Corn
| steady; demand fair.
NEW YORK; May 2, noon ,z@ dull and
| Pork dull; mess $15 25Q115 so. Lard weak at
81 67h. Freights steady.
500 p. m.-Flour, Southern steady and in
moderate demand Wheat-options unsettled
and feverish; No. 2 red, May delivery $500
| 1890; June 93sS0949sc Corn dull, heavy and a
shade lower; No. May delivery 641s965c;
June delivery e2A@e3c. oats-cash firm and
more active; options &c lower; No. 2, June de-
livery Ss14 03Sl9c; No. 2 spot Ss@39c; mixed
| Western 36G140c. Hay quiet. Hops closed dull.
Coffee, spot fair Rio firm at 164c; options 100
IS points lower and less active; No Rio May
| delivery ID 400 IA Coo, June delivery 10 500
IS Coo; July delivery ~ S0@13 05c Sugar firm;
fair refining quoted at nc; refined closed firm.
Molasses dull; 80 test 2oc Petroleum steady;
Cotton seed oil quiet for crude ands refined.
Hides steady. Wool dull and heavy. Pork quiet
and rather weak. Beef dull Beef hams steady
at S15 5o@16 co. Tierced beef quiet. Cut meats
quiet and firm. Middes dull and nominal Lard
declined 7G9 points and ruling dull. closing
with some reaction; Western steam, on spot
$8 60A8 rs; May delivery $8 60, June delivery
IS Gigs GO. Freights dull; cotton 5-64d; grain
Ad.
CHICAGO, May 2S.-The markets on Change
started in somewhat by contraries to-day. On
Saturday corn in particular was weak because
of large receipts and improved weather, and
this morning with vastly greater receipts and
the worst of weather. prices went up nearly 1c
in the first hour. This condition of affairs
brought about by liberal buying on the part of
representatives of the bull clique, who, aided
by purchases by short interests, succeeded in
preventing a break, which undoubtedly would
have occurred. Wheat traders spent most of
the morning session waiting for the visible sup
ply statement and when the official figures
1880, 900 bushels-were announced there was
not enough surprise in them to cause much OF
movement either way. Up to 1890 the market
where they started, after fiuctuation of Hsc
under and Nc over the starting point. Toward
the close the market weakened rapidly, and the
close was about 1Hc under the best figures for
buyers In oats covering of May shorts was
the feature of the market. May opened at 35&c,
sold up TO &c, and closed at $3.50. In provisions
a lower range Of prices was witnessed. Large
receipts of hogs, coupled with decline in the
same, increased the weakness developed at the
close of last week, and initial sales were made
this morning at decline of 200 In pork, nc in
lard and 10c in short ribs from Saturdays
closings. Lard subsequently recovered from its
depression, but short ribs actual depreciation
was sc and in pork 104I2lsc. Pork, before
showing any recovery, declined TIC below the
opening prices Trading was a little slow.
Shorts were the principal buyers of the pro-
duct. Outside speculation was limited July
pork sold at S14 6O014 IS and closed at Sl4 10;
July lard So 42130S 90; July short ribs 81 $50
go
Cash quotations were as follows: Flour
dull and unchanged. Wheat-No. 2 spring S5If
Q1S54c; No. 2 red SOC. Corn-No. 2, 5b16c. Oats
-No.2 S64c. Mess pork, per barrel $l4 0C0
IA O5. Lard at S. 49I&6lS Is. Short rib sides,
loose 81 80. Dry sailed shoulders, boxed So 90
16 Is. Short clear sides. boxed Is 1908 IT,
Whisky 81 49,
Leading futures ranged as follows:
Opening. Highest Closing.
No. 2 WHEAT
June delivery So 6GR 1888
July delivery. e. S5A 1928