The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-06-22

of American
Futures Uplands. low middling clause. June
delivery 306ld, value; June and July de-
livery 3064d, sellers; July and August 3O-64d,
sellers; August and September 29-64d, sellers;
September and October lS-64d, buyers; Octo-
Der and November lS-64d. buyers; November
and December 12-64d, sellers; December and
January 11-64d, buyers; September 29-e4d,
sellers. Market quiet
Good middling uplands 11-16d, middling up
lands 5l6d low middling uplands b-16d; good
ordinary 5 1-i6d, ordinary 434d; good middling
Texas 11-16d. middling Texas Sgd low mid
ding Texas Sled, good ordinary Texas SID,
sgd, middling Orleans 916d, low middling
Orleans 5Ssd. good ordinary Orleans S-l6d,
ordinary 434d.
p. MIXTURES: Uplands low mddlng
clause, June delivery SO-64d, buyers; June and
July delivery 30-o4d, buyers; July and August
S0-o4d, sellers; August and September 29-o4d.
sellers; September and October 1s-64d, buyers;
october and November l3-64d, buyers; Novem-
Der and December l2o4d, sellers; December
and January 8 l1-64d, buyers; September 29-64d.
sellers. Market closed steady.
New YoRK, June 81, noon.-Cotton quiet;
mlddling uplandS 10 $780, middhng Orleans
| 10 5-16c; sales e03 bales.
| Futures-Market opened steady with sales as
Follows June delivery 10 19c; July 10 22c; August
| 10 32c; September 74c; october Q 55c; Novem-
| Der 46c
500 D. m.-Cotton closed quiet; middling up
lands 10 516c, middling Orleans 10 Ice; sales
to-day STs bales; net receipts - bales, gross
Futures-Market closed quiet with sales of
1880 bales, as follows: June delivery 10 900
10 PIC, July 10 239l0 24c, August 10 32@l0 3Sc,
September 1909 Zoe, October 54a9 Soc, No
vember 1908 47c December 5000 47c, Jan
uary 95409 Soc, February 5000 CSC, March
97O@9 tic, April 1909 79c, May 5000 SIC.
Messrs. Hubbard, Price Co. S cotton circu-
| lar says: Locally the short interest has
largely covered. and our market presented
| very dull appearance which is natural after
such proceeding, but the bears have clearly
viewed the situation from the bulls standpoint
| and decided to leave the market alone. AS the
| large bulls have been free sellers of the past
| week they are not disposed judging from their
actions, to do more than nurse the market care
fully TO prevent the buyers of their cotton from
taking either few points profits or loss, as the
| cotton may show, evidently believing a higher
market might give them an opportunity to dis
| pose of the balance of their holdings The con-
| sequence of such a condition of affairs is dull
| ness. The carriers of the stocks are willing to
| carry New York stock forward at present pre-
| miums, and the tendency is noticeable to add
to the certifcated cotton making ready for de-
| livery"
GALVESTON, June 21-Cotton steady; middling
7-l6c; net receipts 6S bales, gross So; sales %
bales stock 3, 44S bales; exports, coastwse 1858
| bales.
NORFOLK, June 21.-Cotton steady: middling
10c; net receipts 1871 bales, gross 151 sales 81
bales; stock 12,034 bales; exports, coastwise AR
| bales.
BALTIMORE, June 21.-Cotton quiet but steady;
middling 10Ac; net receipts 152 bales, gross
| 1859; sales none; stock 6 200 bales.
| BOSTON, June ELECTION quiet; middling
| 10Ssc; net receipts 300 bales, gross 500; sales
none; stock none
WILMINGTON, June 21-Cotton quiet; mid
ding 91sc; net receipts none gross none; sales
| none; stock 1873 bales.
| PHILADELPHIA June 21.-Cotton quiet; mid
ding 10ssc; net receipts 81 bales, gross 81;
stock Is, 14S bales.
New ORLEANS, June 21-Cotton firm mid
ding 9Skc; not receipts 1922 bales gross 322;
sales $3.50 bales; stock ~, 2S3 bales; exports.
to the continent 5,579 bales
MOBILE, June 21.-Cotton firm; middling
e16c; net receipts IA bales, gross ID; sales 200
bales; stock 6,947 bales; exports coastwise 1902
| bales
MEMPHIS, June 21.-Cotton firm; middllng
e5Sc; receipts las bales; shipments $50 bales:
sales $50 bales; stock S,192 bales.
| AUGUSTA, June 21-Cotton firm; middling
13-16c; receipts So bales; sales 216 bales.
CHARLESTON, June 21-Cotton quiet middling
934c; net receipts 119 bales, gross 119; sales
| % bales; stock $3.50 bales.
ATLANTA, June 21.-Cotton steady; middling
95sc; receipts bales
| New YORK, June 21.-Consolidated net re-
ceipts for all cotton ports to-day 1,747 bales;
exports, to Great Britain 1901 bales, to the
continent $500; stock at all American ports
| 313, 4l0 bales.
| PROVISIONS. GROCERIES, ETC.
| LIVERPOOL, June q, noon.-Wheat quiet; de-
mand poor; holders offer freely. Corn dull;
| demand poor; new mixed Western As hid.
New YORK, June 81 noon.-Flour duh and
easy Wheat lower. Corn lower. Pork steady;
mess SIS 25015 so. Lard weak at IS 40. Freights
| dull
500 D. m.-Wheat more active under the in
| fiuence of concessions in values; No 2 red, June
delivery SIC, July delivery 8716c, August $3.50.
| Corn about sac lower, the market closing dull
| and weak; No. 2, June delivery 5476c; July de-
livery 55l5516c, closing 5514c. Oats fairly active
at decline of 1sGD5s, closing weak; No. 2, July
delivery 34A@34a4c closing at 344c; August
delivery S15s@3ISc.. Hops moderately active
| and DIV Tnffa foi Ia Cnct1 Itll apd
nominal at l5c; options 3o@65 points lower,
closing steady; No. z Rio, June delivery II 80
OH 35c, July delivery 10 60c. Sugar closed
firm; refined firm. Molasses firm; 1911c for
50 test Petroleum steady; crude, in barrels.
| 6C16SAc; refined 7lsc at all points Cotton seed
oil steady; crude 42c refined 46047c. Tallow
unsettled at 4a4 1-16c. Hides dull. Wool quiet.
Pork dull and weak. Beef closed dull and I'M
| changed. Beef hams steady and unchanged.
Tierced beef dull Cut meats quiet but firm;
picked bellies, IL pounds average, 734c. Mid
dies nominal and neglected. Lard dull and
lower; Western steam So 47I1QS so, June de-
livery So 421b; city steam So. Freghts steady.
| CHICAGO, June 2l.-The big business of the
day in wheat done during the first hour.
The market opened very shaky, and 4c under
last nights closing prices. The pit was filed
with selling orders and local holders and short
sellers combined to break the market sharply.
decline of l18c brought about IN short order
landed July wheat at 7915c, August S0I6c and
December 82Ac Both during the decline and
on the reaction that followed at least dozen
| IS.
July, after selling at 1890, rallied to S015c, but
afterwards declined to SO1sc. August sold at
S116c, down to S014c, up again to Sl1sc, and then
| fell off to S0Ac. December went from S31kc TO
S27kc, advanced to S3a4c, and declined to S33sc.
Corn went beyond wheat in weakness. July
tumbled from 4olbc to 1870, returned to 49IRc,
| and closing at 49c Oats also broke badly. July
| sold 1c lower than last night at 3036 "a 3014c,
| closing at 3075c. The provision trade some
what unsettled. During the morning the
entire market improved considerably under
short buying Pork advanced 100l216c from
inside figures, lard 7131l0c and short ribs 719c,
AS the day advanced the ground gained was
lost in short ribs and lard, while in pork prices
dropped below the mornings lowest quotations
fully 10c. There was fair speculative interest
but in cash property the late dullness con
tinued Future products closed at Sl3 Is for
July pork IS 10 for July lard and 81 421S for
July short ribs.
Cash quotations were as follows Flour un
changed. Wheat-No spring 19l5c; No red
Size Corn-No. 2, 4sc. Oats-No. 2, 314c
Mess pork, per barrel, S13 45. Lard at 81 o.
Short rib sides, loose 81 42lk. Dry saltet
shoulders, boxed So 0OG16 IS. Short clear sides
boxed 81 950tS 90. Whisky 81 20.
Leading futures ranged as follows:
Opening Highest. Closing.
July y' delivery. sos go. sO9t
Aug delivery. 81 81
CoRN, No. p
July delivery 1915 49
Aug delivery. so 4S9t
| n .