The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-08-17

Der ss1-e%d. buyers. The market closed barely
steady.
NEw YoRK, Aug. 10, noon-Cotton dull;
miodhng uplands llssc, middlng Orieans li1ac'
Futures-Market opened quiet. with sales
as follows: August delivery II 48c; September
sSc; October Ole: November SIC; December
500 p. INJECTION closed quiet but steady;
middling uplands llssc, middling Orleans iltsc;
sales to-day Jas bales; net receipts sai bales
Futures-Market closed very steady, with sales
OF 81 500 bales, as follows: August delivery II "A
OIL 45c, September 97SQ9 7sc, October $50
sc. January 57619 Sc, February 900
66c, March 7S09 74c, April S10D9 SIC. May
5000 SOC. June $500 97c, July 10 OS0l0 ooc.
Hubbard, Price & Co s cotton circular says:
European shorts again appeared in the market
this morning, and the bull party supplied them
with such quantity of August as they required
| Ihese orders being filled, the clique tnen used
their efforts to depress the market and replace
| their sales at small profit. These operations
are a repetition of their course since August
| crossed 10 zoe. Later positions show no special
change, excepting in the strength of october
and the weakness of September. The premium
on the latter over the former seems likely to
| disappear under the accumulation of an enoT-
nous stock of low grade cotton in this port
| which will have to be carried for some time be-
fore it can be disposed of, and therefore it is
likely that September will sell below October in
| order That the expenses of carrying cotton may
| be paid Some inquiry is being made from Eu-
rope tQr early shipments of the new crop, but
as yet'no business of any Importance has been
| effected. The general disposition is to await
| further developments in the August deal
| GALVESTON, Aug. 6.-Cotton nominal; mid
ding 91sc; net receipts Sas bales, gross a2S-
| l67 new; sales so bales; stock {, 222 bales; ex-
| ports, coastwise 919 bales.
| NORFOLK, Aug 16.-Cotton steady; middling
109sc; net receipts 80 bales gross 210; sales 30
bales: stock 792 bales; exports, coastwse 300
bales.
BALTIMORE, Aug. 16.-Cotton nominal; mid
ding lilo; net receipts none, gross none; sales
none; stock 1914 bales; exports, coastwise 800
bales.
BosToN Aug. 16.-Cotton quiet; middling
11Rc; net receipts 3S bales gross SO; sales none;
stock none.
WILMINGTON, Aug 16-Cotton firm; mid
ding 101sc; net receipts 80 bales gross 3d. sales
| none; stock 40l bales.
PHILADELPHIA, Aug. 16.-Cotton firm; mid
ding 11Ac; net receipts none, gross - bales;
stock 8, 903 bales
NEW ORLEANS, Aug 16.-Cotton quiet; mid
ding 101sc; net receipts 231 bales, gross 231;
sales 400 bales; stock l0, S25 bales
MOBILE, Aug. 16.-Cotton firm middling 10c;
net receipts IS bales, gross 35-1s new; sales
100 bales; stock 1, 1857 bales; exports, coastwise
1,022 bales.
MEMPHIS, Aug 16.-Cotton steady; middlng
10c receipts go bales; shipments none sales
none; stock 1883 bales.
AUGUSTA, Aug. 16.-Cotton firm; middng
101sc; receipts 5 bales: sales none.
ATLANTA, Aug. 16.-Cotton steady; middling
10c; receipts bales
Nrw YORK. Aug. demonstrated net re-
ceipts for all cotton ports to-day 2 100 bales
exports. to Great Britain g. ZOE bales to the
continent - bales; stock at all American ports
III .926 bales.
PROVISIONS. GROCERIES. ETC.
LIVERPOOL. Aug. 16, noon.-Wheat firm;
demand fair; holders offer sparlngly. Corn
! steady.
New YORK, Aug 16, noon+-Fiour quiet but
steady. Wheat quiet but firm. Corn lower and
dull. Pork dull but steady; mess $l5 25@l5 So
Lard firm at 80 15. Freights dull.
800 p. m.-Flour, southern strong. Wheat
1Gl4c higher, closing firm; options active and
I@11Ac higher, closing strong at best prices;
TENDER delivery 929s0l939sc. Corn closed higher
and steady; options fairly active but shade
lower, except August, which is 14c higher; No
livery 531sc Oats strong and NC higher but
very scarce, closing firm; options &c higher
on August, steady on September and October;
No. 2, August delivery 33G33ssc; September de-
livery 29ss9 2sISc. Hops quieter. Coffee steady;
August delivery 10 S0@s10 9Oc, September de-
livery 10 30010 40c. Sugar strong but quiet
| fair refining 5-16A536c; refined fairly active
| and steady. Molasses nominal Petroleum firm
Cotton seed oil strong at 41lfc for crude, Acc
for yellow. Hides firm. Wool more active and
Pork steady but dull. Beef closed unchanged
Beef hams quiet Tierced beef quiet. Cut
meats easier. Middles strong; short clear 9I4c
Lard strong; Western steam, August delivery
IS 10; September delivery IS SO bid, October de-
livery So IS bid. Freights firm; cotton $500
| I'D, grain Sad.
CHICAGO, Aug. 16-wheat was active and
higher. Early indications were for lower prices
| as the opening figures we're slightly under yes
terday's closing, and there a shrinkage
right at the start of 1s@4c more but the early
| sentiment soon shifted to the bull side of the
market during the remainder of the session, the
tendency was strongly upward, and prices ad-
| vanced much more easily than they declined
| closing quotations showed q
| the day of 101Hc. The general run of news
was favorable for holders Public cables noted
| a firm market, with a good demand for spot
wheat; California and red winter sorts I'D
higher. Private cables were even more bullish
than public ones, and brought good many
buying orders. Reports from the West and
| Northwest told of serious damage to the crop
| by recent rains especially in Nebraska and
| Dakota, after hanging around S24GS216c for
September and SSs*0So1tc for December, for
some time after the opening there was bulge
| to 631s4S64c on a cable that this mornings
London Times had published an estimate of the
English crop. and made the supply available
| for food only 100000 bushels, as against
| 81, 000, 900 bushels last year. During the last
half hour of the session there another up
| turn, which carried the MARKET to the highest
| point attained, although in the meantime local
| realizing caused a reaction of 3sQe15c Corn
was not very interesting. The market price of
leading futures were not beyond nc range.
Closing prices were 2G114c under last nights.
Oats were within even narrower range than
usual Of late, and closing prices did not ma
| terally differ from those of last night. In mess
pork liberal business was transacted, and after
| a weak opening, a steadler feeling prevailed.
Opening sales were at almost inside figures.
| An advance of Csc followed. but decrease in
trading caused reaction Of 12Ifc Later the
market became stronger, and closed at nearly
outside figures. Lard was quiet with a fair
| speculative demand from English houses
Prices advanced NC, and the market closed
firm Short ribs were steadier More efforts
were made TO break the market by reporting
that the product recently shipped south from
this city had been ordered back owing to lack
of demand and recession of 2160l5c resulted
but the feeling soon changed and prices ad-
vanced 71A@loc, and the market closed firm at
the top.
Cash quotations were as follows: Flour
unchanged. Wheat--No. 2spring 639Sc; No 9 red
| 84lh0S4a4c. Corn-No. 9, 1880. Oats-No 2,
25G2eo Mess pork per barrel, 313 256llS 35
Lard at IS 20@DS 2s19 Short ribs 81 9O6D7 95;
shoulders 81 1907 so; short clear S. 1061S 80.
Whisky 81 20
Opening. Highest. Closing.
| No. 2WaHAr-
1Alfw