The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-12

November 9-6id, value; November and De-
cember Sod, sellers; September 94-6ld,
sellers. Market closed steady.
| NEw YORK, May IL, noon.--Cotton quiet;
middling uplands loo, middlng Orleans l01sc;
sales 3S2 bales.
Futures-Market opened steady at the de-
| cline, with sa es SIS follows May delivery S3c;
June 90c July C; August 10 01c; Septem-
| Der 6ac; October Ale.
500 D. m.-Market closed easy: middllng
uplands l0c, middhng Orleans 10lsc; sales to-
| day iS1 bales; net receipts none, gross none.
| Futures-Market closed easy, with sales of
| $500 bales, as follows: May delivery $50
| 90 SIC. June sS@9 soc. July 9 $500 soc,
August 10 05dalO 06c. September 67@9 Csc. DC
tober 400 4lc, November 1900 33c, De
cember 5000 sic, January 94l09 Acc, Feb
ruary 4s@9 49c, March 0 5000 SIC.
| Messrs Hubbard, Price & Co.'S cotton circu-
lar saws; ut has been an easy and soft market
| all day for certificates. Flat foreign news
caused great disappointment here, and our
market opened points lower for old crop
MONTHS while distant positions sold off but
points. The depression might not be called
| decided but was we'll enough outlined 70 show
that the feeling was very tired, and the bull ele-
| ment lacking in force and power sufficient TO
| neutraliZe the downward tendency. The only
stimulating card to-day could be found in re-
| duced stocks in interior towns, which show
decrease of about $4,000 bales against last
week. while receipts, although of minor I'M
portance at this time of year, are within 1000
| bales equal to last week The demand for spot
| cotton is light and prices easy but unchanged.
| Closing prices show decline of points for old
| day"
| Weekly net receipts at New York SOL
| bales gross 14,46l; exports, to Great Britain
| Is 1l9 bales, to France 25l to the continent
1907; forwarded =, 45S bales; sales 1870 bales;
sales to spnners 1,54l bales; stock here 2O5, 7S5
| bales.
GALVESTON, May 11-Cotton steady; middling
! Q 7-l6c.
NoRToLK, May 11.-Cotton steady; middling
| Q 1850.
BALTIMORE, May 11.-Cotton duh; middling
| Toe
BosroN, May 11-Cotton quiet; mddlng 1O1sc.
WILMINGToN, May ll.-Cotton steady; mid
| ding 9lSc,
PHlLADE1PHGA, May 11.-Cotton dull middling
10Ac.
New ORLEANS, May 11.-Cotton quiet; mid
| ding 9b2c.
MOBILE, May 11.-Cotton quiet; middling
| 97l6c,
MEMPHIS May 1l--Cotton firm; middling
| 0 9-l6c.
AUGUSTA, May 11.-Cotton firm; middling
| $3.50.
GHAmEsroN, May 1l.-Cotton quet middling
| 9 11-16c.
MoNTaoMERY. May 1l.-Cotton steady; mid
COLUMBUS, May 11.-Cotton steady; middling
| 919c.
SELMA, May 11-Cotton steady; mlddllng 9ssc
| ROME, MAY 11.--Cottou quiet; mddling 97-l6c
New YORK, May 11.-Consolidated net re-
exports, to Great Britain 2e bales, to France
| AISLE, to the continent so bales; stock at all
| American ports 465,5lO bales.
PROVISIONS GROCERIES. ETC.
LIVERPOOL, May II, noon.--Wheat dull; de-
mand poor; holders offer moderately; receipts
| Of wheat for the past three days II 900 centals
of which none were American. Corn strong; de-
mand fair; new mixed Western bs I'd receipts
| of American corn for the past three days were
| II, 800 centals Lard, prime Western I1s Cd.
| !.
Wheat higher. Corn better Pork firm; mess
| S15 00Q15 25. Lard firm at So bbQ0S 57l6
| Old mess pork S14 000l4 80. Freights steady.
SIP. m.-Wheat dull, with options unsettled,
| closing firm speculation moderate; No. red,
May delivery 96D9794c; June 9l1sD96Ac. Corn
options strong cash A0 c better and fairly
| active; No. 2, May delivery 66W6619c; June $40
6524c Oats 14615c higher; No. ?, May delivery
| 3S3z(D391sc June 996l39s8c No. spot, 3ol6GD
SOC. Hops quiet and unchanged Coffee, spot
| fair Rio firm at 1890; options steady: No. Rio
! MAY delivery 10 1908 DC; June delivery IL IS
| n12 SOC; July II 65611l s5c. Sugar nominal;
refined quiet. Molasses dull; 50-test 2lc. Petro.
fined 7s6Qb11kc at all ports, Cotton seed oil
| 36c for crude and 45c for refined. Tallow dull
and easier at 416c. Eggs dull and easier; South.
| ern 12A6l3c. Hides firm. Wool closed dull
and heavy; domestic fleece 20D36c. pulled 800
$50 Texas 1870 100 Pork quiet, Beef dull. Cut
meats firm. Middles dun and nominal. Lard
rather quiet; Western steam; on spot sS 80,
| refined nominal FreiRhts firm.
| CHICAGO, May 1l.-Business on Change to-day
| was of a much more healthy speculative char
| acter than yesterday There was less nervous
ness and more deliberate buying on the strength
| of the situation. The government report
| brought in a great many buying orders for
wheat. 1t is this and good buying by local
professionals that advanced July from Soc, the
| opening figure. 20 S595c in the first hour of the
| session. Trading was quite large in volume and
the market had a strong undertone. Prices ad-
vanced steadily and July closed at the highest
figure touched during the sesson-S716c. Cold
| Eains in the Northwest were reported, and opeIr
ators also believe in a large shortage in the
| winter wheat crop. The corn market also was
strong and opened at an advance of NC. May
was strongest because of covering of short corn.
| Cribbers who had long ago sold for May against
| corn which they owned are now buying in their
| shorts and selling more deferred deliveries.
| Exporting houses are looking for a large order
| for cash corn soon. Receipts here were smaller
than expected and the large amount inspected
out-36i 900 bushels-helped to give very
strong tone to the market. The strength in
| other grain markets was reflected in oats which
touched the highest prices thus far reached and
| closed at about the top Trade was quite active.
In provisions the quiet feeUh shown lately was
| continued and the days trading was under an
| average volume. Still, the market was firm; in
fact much firmer than operators expected I'M
der receipts of hogs here and at interior points,
| and better prices were established
| Cash quotations were as follows: Flour
| quiet and firm, with an advance OF 10ll15
| per barrel generally asked. Wheat-No.
| spring S5QS5JAc. Corn No. g 5Sss@t5s1zc.
Oats-No 2, 343s1341sc. Mess pork per bar
rel, $l4 l5@i4 90 Lari 50 224Gs 25 Short
| 81 05Q6 TO- Whisky 81 H.
| Leading futures r n ii as follows