The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-18
COTTON.

in fair demand; middling upands 6s6d; mid
ding Orleans 7-l6d; sales 10000 bales, for
bales-al American.
Futures-Uplands, low middling clause
May and JUNE delivery 22-6415 23-64d; June
and July s3-e4d; July and August s4-o4d; Au-
gust and September 23-64l5 24-64d; Septem-
Der and October 1864; October and Novem-
Der s-64d; September 2364d Market steady
at the advance.
| Up. m.-Sales of the day included 9 700 bales
American.
Futures-Uplands, low midding clause, May
delivery 2364d, sellers; May and June S 23-64d,
sellers; June and July 23-64d, buyers; July and
August 2464d, value; August and September
24-o4d. sellers; September and October 5 14-64d,
buyers; October and November 10-64d. sellers;
November and December S-64d, sellers: Sep
TEMPER A-64d, sellers. Futures quiet but
steady.
Good middling uplands 9-16d middlixg up
lands 59sd, low midding uplands 3l6d, good
ordinary uplands Sd, ordinary uplands AID:
good mlddlng Texas 9-16d, middling Texas
59sd low middling Texas 3-l6d, good ordinary
Texas i-l6d, ordinary Texas 424d; good mid
| dllng Orleans Sgd, middling Orleans 7-l6d,
| low middling Orleans 5l4d good ordinary Or
leans 51sd, ordinary 434d,
p. m-Futures: Upands, low middling
clause May delivery 22-64d. sellers; MAY and
June 22-e4d, sellers; June and July 22-o4d
buyers; July and August 23-64d, sellers; Au-
gust and September 22-64d, buyers; Septem-
Der and October 13-64d, buyers; October and
November 9-64d, sellers; November and De-
cember 7-e4d, buyers; September S 22-64d,
| buyers Market closed easy
new YORK, May II, noon.-Cotton quiet;
nliuunng uplands lOc, middhng Orleans 101sc;
| sales ! 50 bales.
Futures-Market opened steady, with sales
as follows: May delivery Sc June 90c July
10 Ole, August 10 lie. September 9 tic, October
| 9 45c
500 D. m.-Market closed quiet; middling
uplandS lOc, middhng Orleans lose; sales to-
Gay Gay 100 bales; net receipts 467 bales, gross
Futures Market closed dull, with sales of
- 100 bales, as follows May delivery $50
g g sc, Jun June 8 SEC. July $500 97c, August
1903 41c, November 34@9 35c, December
y 3oG9 soc. January 9 1893 44c, February
| 50@9 Sic, March $500 60c.
| heSsrs. Hubbard Price & Co. s cotton circu-
| lar saws: Neither the bulls nor bears have
made any attempts to influence prices to-day,
and, lacking leaders, the market has been ex
| ceedlngly dull. Fluctuations were slight. Our
| opening showed decline of three points below
the close of last night. but showed steadiness
simply exhibiting timdity of local short in
| tereSt, which seems too nervous to make any
| attempt TO depresS prices To some extent the
| approaching holidays in Liverpool may be called
the reason why local operators restrain from new
| or larger operation, and, with entire absence of
| outside orders, trading is almost left to seal
| peIS. Io-nlght'S closing shows a loss of 4Gl5
points on old and 304 points new crop
months. Spots are quiet and unchanged. Sales
| for consumption 235 bales Receipts make a
better showing than yesterday, amounting to
4,060 bales day, against 800 bales last year"
GALVESTON, May I.-Cotton dull; middling
9 7-l6c; net receipts 161 bales gross AL sales
bales; stock 6,1l8 bales; exports, coastwise $50
| bales.
NORFOLK, May 17.-Cotton steady; middling
9Ac; net receipts 713 bales, gross 713; sales
| 92 bales: stock 1921 bales; exports, coast
| wise 700 bales.
BALTIMORE, May 17.-Cotton dull; middlng
| 10c; net receipts - bales, gross 1904; sales
| none; stock Is, 1897 bales
Boston, May 17.-Cottonq quiet middling 101kc;
net receipts l25 bales, gross 4,O21; sales none;
stock none.
WILMINGTON, May 17.-Cotton quiet; middling
93sc; net receipts 43 bales, gross 43; sales none;
stock 1898 bales.
PHILADELPHIA, May 17.-Cotton quiet; mid
ding 1014c; net receipts none, gross mons;
stock 49, 1889 bales; exports, to Great Britain
451 bales.
NEW ORLEANS, May 17.-Cotton steady; mid
ding 916c; net receipts 9O5 bales gross 1864;
sales 5000 bales; stock 144,3 1856 bales; exports
| to Great Britain 1876 bales.
MOBILE, May T.-Cotton dull; middling
936c; net receipts 24 bales, gross "a; sales 100
bales; stock IL, 342 bales; exports coastwise 200
| bales.
MEMPHIS, May 17.-Cotton quiet but steady;
mddling 9-16c; receipts 314 bales; shipments
| n bales sales $50 bales; stock 80 104 bales
AUGUSTA, May 17.-Cotton quiet; middling
956c; receipts SO bales; sales IS bales.
| CHARLESTON, May 17.-Cotton quiet: middling
1l-16c; net receipts SAG bales gross $40; sales
100 bales; stock 9,08S bales.
ATLANTA, May 17.-Cotton steady; middling
| 9 7-l6c; receipts "a bales.
NEW YORK, May 17.-Consolidated net re-
ceipts for all cotton ports to-day 4,066 bales;
| exports, to Great Britain Is, 296 bales to the
continent - bales; stock at all American ports
| 439,709 bales.
PRovIsroNs GROCERIES. ETo.
LIVERPOOL, May II, noon.-Wheat firm; de-
mand fair; holders offer sparngly Corn firm;
demand fair; new mixed Western IS Cd.
New YORK, May II, noon.-Flour quiet but
firm. Wheat better. Corn lower. Pork dull;
mess S15@15 %. Lard weak at SIS so. Freights
| dull.
8 p. m.-Wheat-cash grades very dull and
nominal; options opened A3114c better the
| latter on May, but afterward declined 19sQ26Sc,
closing heavy at a shade above the bottom;
9S9scQS1 Ola June 97ss@9S25c. Corn-cash
LGl1c lower and heavy; options opened 1s0$4c
| lower, the latter in May, then lost 405sc, with
May an exception closing heavy at the bottom;
speculation moderate; No. 2, May delivery &C;
June 65140655sc. Oats a shade lower and less
active; No. Z, May delivery 1914 9S93sc June
| $3.50 3916c; No. spot 3914Gl40cc; mixed West
ern 3SG14lc. Hops quiet and unchanged Coffee,
spot fair Rio firm at 1534016c; options 500
40 points higher and active, closing barely
steady; No. Rio, May delivery ID 10115 OOci
June delivery 10 45@13 55c, July 12S0012 9bc.
| Sugar quiet and steady. Molasses steady. Pc
| troleum firm; crude, in barrels. 6l99684c; re-
fined 75sc at all ports. Cotton seed oil-39c for
crude and Acc refined Tallow steady at Side
Eggs nominal Southern 1801S16c. Hides steady
but quiet Wool dull and heavy; domestic fleece
sO9Sec pulled isGssc Texas 12@1ec Pork
y
Cut meats firm. Middles nominal Lard-May
delivery SO T9G875; June delivery s. 66@S 81.
Freghts dull cotton, per steam, S-64d; grain,
per steam, I'D.
CHICAGO, May 17.-Operatiops on Change this
| morning began for an enormous business In the
| wheat pit and with broad and fairly active
| markets In other grains and provisions Wheat
| was the leader in interest, and was excited and
| unsettled throughout the session. Trading was
| enormous and even the biggest operators were
| lost track of at times. The conditions were
little changed. The legitimate market and
weather conditions counted for little in the pit
| but all hinged on what big spectators were
doing. Every bid trader here, II he is an open
| buyer, is credited with easing the market by
| selling under cover and If he is an open seller
| he is charged with taking wheat through I'M
known brokers The situation is particularly
| interesting, and the action of the market was
| one of big plunges and quick depressons, while
| all the time turning points indicated a strong
| upward tendency. Big operators sold consider
| able quantities of their holdings on the bulge,
| which came shortly after the opening, and as
| the session advanced turned a good share OF
| their attention to purchases of more deferred
| futures. July opened sc over last night at
| 9034c sold at 90ssc, and right up TO 9155c, back
| to 9016c, up TO 9116c the second time. and then
eased off and closed at 9l4c. The corn market
was a disappointment to many to-day. The
| range for the session was not beyond 11c and
| trading was very light May sold at 59G159I5c,
| closing at SOC; July 575sc, up to SIC, back to
| 57l6c and closed at that figure. Free charters
| of oats-g02, 900 bushes-helped 20 keep oats
| steady, notwithstanding transactions were very
| r,odarnta opaned at a41Lc and closad at