The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-08-16

| rJary and March 5 1S-64d sellers; September
32-64d. buyers. Market dull but steady.
| 4 p. m.-Futures: Uplands, low middling
clause, August delivery SS-64d, sellers; August
and September S2-oad, sellers September and
October 1854, buyers; October and November
l4-64d, sellers; November and December
l2-o4d. buyers; December and January 12.64d,
sellers; January and February 1264d, sellers;
| feoruary and March 8 1S-64d. sellersi Septen-
Der 32-64d, sellers. The market closed barely
| steady
The Liverpool cotton association has passed
a resolution providing that only official quota
tions of futures shall be for contracts with good
ordinary clause. The new rule will take effect
Oct. l.
New YoRK. Aug. Is, noon-Cotton firm;
middling uplands 1855 middhng Orleans ll1so;
sales 81 bales
Futures--Market opened steady with sales
asfollows: August delivery II soc: September
&c; October $50; November soc; December
| 49c; January 65c.
500 p. m.-Cotton closed quiet; middling
uplands 1880, mddling Orleans 11tfc; sales to-
day &c bales; not receipts 266 bales, gross s54
bales.
Futures-Market closed steady, with sales of
$500 bales, as follows: August delivery
II 44c. September 5000 s1c, October 9 6l@
$50. January $500 SOC, February 600
9 &c, March 9 7409 75c, April s1GD9 SEC, May
5000 90c, June 5000 CSC.
Hubbard, Price & Co. s cotton circular says:
Liverpool opened this morning at about one
point decline from yesterdays figure, and the
steady tendency shown there impaired rather
|
side. New crops have been steady to-day
throughout, and prices have rather tended
toward improvement. The value of August
contracts continues to be well maintained,
though fluctuations in that position are abnor-
mally wide in consequence of light trading.
The quantity of cotton now pointing this way,
as result of the artif1cially high value estab-
lished for August contracts, is very large, and
intelligent estimates place the amount which
will be taken at not less than 175, 900 bales. The
spot market is featureless. Spinners are delv-
arin ~ no Of ms or hair n
/ on contracts here"
GALVESTON, Aug. 15.-Cotton nominal; mid
ding 101sc; net receipts l4s bales, gross l4S-
1875 new; sales II bales; stock ,213 bales.
NoRFoLK, Aug. 15.-Cotton steady; middling
1O16c; net receipts 1874 bales, gross $685. sales So
bales: stock s12 bales; exports, coastwise 81
bales.
| BALTIMORE, Aug. 15-Cotton nominal; mid
ding lie; net receipts 1877 bales, gross 2l9;
sales none; stock 6,344 bales.
Boston, Aug. 15.-Cotton quiet but firm; mid
ding 111Sc; net receipts bales, gross "a; sales
none; stock none; exports, to Great Britain $40
bales.
WILMINGTON, Aug, 15.-Cotton firm; mid
ding lO1sc; net receipts Sc bales gross S. sales
- bales; stock 39S bales; exports, coastwise -
bales.
PHILADELPHIA, Aug. 15.-Cotton firm; mid
ding 1lAc net receipts none, gross la9 bales;
stock 1903 bales; exports, to Great Britain 1858
bales.
New ORLEANS, Aug. 15.-Cotton quiet; mid
ding 101sc; net receipts 1877 bales. gross 221-94
new; sales goo bales; stock 5000 bales; exports
coastwise 2,737 bales.
MOBILE Aug 15.-Cotton firm; middling 1oc;
net receipts II bales gross 17-3 new; sales
100 bales; stock ABA bales; exports, coastwise
125 bales
MEMPHIS, Aug. 15.-Cotton steady; middling
Ice; receipts bales; shipments 1875; sales 2o
bales stock 4,b51 bales.
AUGUSTA Aug 15.-Cotton quiet but firm;
middling 1018c; receipts 157 bales; sales none.
CHARLESTON, Aug 15.-Cotton steady; mid
ding 10c; net receipts bales, gross 3; sales
| 10 bales: stock PAS bales.
ATLANTA, Aug. 15.-Cotton quiet; middling
975c: receipts bales.
New YORK, Aug. demonstrated net re-
oeipts for all cotton ports to-day 2,064 bales;
exports, to Great Britain 1909 bales to the
continent - bales; stock at all American ports
ia $50 bales.
PROVISIONS. GROCERIES. ETC.
LIVERPOOL. Aug. 10, noon.-Wheat firm;
No /, Is 2I1d@7s Sgd; red western spring,
rs 16dcl7s I'd; red western winter, rs 15d@D
rs 116d. Corn firm demand fair; new mixed
western Is 6s4d. Lard, prime western AS
NEW YORK, Aug. Is, noon.-Flour firmer.
Wheat higher Corn active. Pork lower and
weak; mess S15 25@el5 SO. Lard stronger at
| 50 1870. Freights steady.
500 D. mGFlour, southern steady and in
moderate demand. Wheat-spot market 344
nc higher, with light trading, closing firm; OPP
lions fairly active and ISglz4c higher opened
at top; No. 2 red, August delivery 92O921sc;
September delivery 921SGI9234c, closing 9234c;
October 9S@9sAc. Corn-spot irregular, in
trihe easier than yesterday; options dull and
weak, 1s0l1c lower, influenced largely by
Western market, opening 1s04c lower, de-
| clined L015c, and closed weak at 16014C above
No. 2, August delivery 53G1553sc, closing at
534c; September delivery 5314@5334c, closing at
531ac; October 531f G5316c. Oats-spot lots 10
| 11bc higher, with moderate business, owing to
scarcity, closing steady; options l4c higher in
August and &c higher on other months. mode
rateiy active, closing firm; No. ?, August S5c;
September delivery 1888 a29l3c closing at 1910
29j6c; No. spot S7l6@3ec. Hops very firm.
Coffee-options opened easy at points decline,
with trading moderate, closed steady; No. 7
Rio August delivery 10 1910 SIC, Sept 3mber
delivery 10 aO@l0 a5c, October 1919 Soc; spot
coffee about steady at l4l4c for fair Sugar
strong; fair refining 5 5-l6@53sc centrifugal,
96-test SIC; refined fairly active and steady
635c; foreign 43s0495c. Petroleum firmer; re-
fined 716c at all ports. Cotton seed oil strong
at 41I4c for crude, 49c for yellow Tallow not
so firm; prime city 45sc. Potatoes firm. Hides
steady. Wool steady; domestic fleece 2S036c,
pulled 25032c, Texas 1890. Pork steady;
mess $14 IS for old, sl5 250l5 80 new. Beef
city extra India mess S12 50Q15 90. Cut meats
firm; picked bellies II lbs, l0c, picked shout
ders Sc; picked hams i2196S13c. Middles easier
Western steam, on spot 80 1900 IS; city steam
S. 20; options higher but closed barely steady;
September delivery IS 9lGD8 %, closing IS 90;
October delivery So 52@S 80. Freights irregu-
| lar
| CHICAGO Aug 15-About everything was in
favor of better prices in wheat to-day, but the
advance was not without reactions. On the
whole the crowd here was inclined to buy be-
fore selling, if after immediate profit. Receipts
were large, clearances large, and the cables
were of an encouraging nature. 1t was claimed
that the first bulge mere on buying orders
from New York. The second bulge was helped
| by heavy taking by Jones Kenneth and good
buying by both shorts and longs. Weak spots
came on realizing. September sold ct 821Gc
then at SIC, and up to S234c, back to S2lAc, and
then up 10 S3c, and an advance of 1c over the
close on Monday and Tuesday, and the last
hour found prices lowering between S256c and
s2J6c. II closed strong and fairly active at the
be L point of the day. Corn fairly active
| prices ruling with considerable irregularity
being quite unsettled, but generally steady
The market opened a shade below the closing
prices of yesterday, and was firm for time
but soon ruled weak declining quickly 5sdD34c
upon the selling of large local operator, who
was credited with purchasing yesterday The
market then rallied. and recovered the decline
This same operator turned buyer. and this
together with rather moderate receipts for to-
morrow added strength to the situation, but
| again ruled easy, and closed 3sGlL VIC lower than
yesterday. firm feeling prevailed in oats
and September shows advance of LslL4c
There was fair business in pork with weak
and dlstrustfu feeling prevailing, under the in
huence of which decline of 25c was easily
brought about. Buying by shorts caused
slight rally but the close was nearly an inside
figure. Lard opened flrmer. with an advance
| of SC, but weakness in pork caused a reaction
- 10 nd ha pin tV.gif 10