The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-08-24


400 p. m.-Futures: Uplands low middling
clause, August delivery 35-64d, buyers; August
and September s9-6id. sellers; September and
October 1s-64d sellers; October and November
l4-64d, sellers; November and December
l2-64d. sellers December and January l1-64d
buyers January and February II 64d, buyers;
February and March 12-64d. buyers; Sep
TENDER 29-64d, sellers. The market closed quiet
but steady.
NEW York, Aug. %, noon.-Cotton firm;
mlddling uplsnds 1886, middlinG Orleans lOs4c;
sales 2lS bales.
Futures-Narket opened firm, with sales as
follows: August delivery 10 zoe; September
o0c; October 52c; November 44c; December
43c; January 8 49c
uplands 10ssc, middling Orleans l0s4c; sales to-
day 242 bales; net receipts lOs 9oaies, gross
1913 bales.
Futures-The market closed steady with sales
of 1900 bales follows: August delivery
10 600 % &c, September 5000 00c, October
$500 54c, November 9 4o@y 47c, December
y 49@s Acc. January 5l@9 SIC, February
9 $500 60c, March 6799 Csc, April 800 76c
May $500 Sac, June 91G19 93c, July $50
8 csc.
Hubbard Price & Co IS cotton circular says:
The doubt .oyerhangng the issue of the Au-
gus deal in this market has in a large measure
restricted trading, not only in that month. but
IN more distant positions, as tho preoccupation
of the cotton world as to the outcome of this
manipulation prevents their coming into other
operations. Such trading as has taken place in
new crops, both on this side of the water and
abroad, goes to show q rather active demand,
aud prices are a shade frmer all through For
eign cables are rather bullish in tone, and the
outside demand for earlyscontinental shipments
is reported on every side Some apprehension
is felt by conservative operators lest short
crop OF cereals abroad should reduce the con-
Stunning power of the European world for cotton
90 ds but the effect of this influence must be
still somewhat distant. Crop accounts are con-
t1ctlng, and while the movement of the new
crop is free it is attributable largely to August
manipulation, and reports seem to gree that
September receipts will fall far behind those of
last year"
GALVESTON, Aug. 2S.-Cotton quiet; middling
9hsc; net receipts 584 bales, gross 5S4; sales Il
bales; stock 81 bales; exports, eoastwise 2,470
bales.
NORFOLK, Aug 23.-Cotton steady; middling
10c; net receipts 100 bales q new), gross 10 G
pew); sales = bales: stock 405 bales; exports,
coastwiSe 357 bales
BALTIMORE, Aug 23.-Cotton nominal; mid
ding 01ac net receipts 1872 bales gross $685. sales
none; stock 221S bales; exports, coastwise 247
| bales
Boston, Aug 23.-Cotton quiet; middling
| 10S4c; net receipts - bales gross -; sales
none; stock none.
WILMINGTON, Aug. 23.-Cotton nominal;
nothing doing; middlng 1Oc; net receipts +
| bales gross 9; sales none; stock 1909 bales
PHILADELPHIA, Aug. 23.-Cotton dull; mid
| ding 10 15-10c; net receipts - bales, gross -;
| stock 4019 bales
New ORLEANS Aug. 23.-Cotton easy; mid
| ding 976c; net receipts 255 bales, gross 327 ;
sales 800 bales; stock 1900 bales; exports, to
| Great Britain "a bales.
MOBILE, Aug. 23.-Cotton steady; middlng
1oc; net receipts 81 bales, gross AZ; sales 80
| bales; stock 1871 bales; exports, coastwise 50
| bales
MEMPHIS, Aug. 23.-Cotton steady; middlng
| 10c; receipts none; shipments - bales; sales
! rs bales; stock A. 800 bales.
AUGUSTA, Aug. 23.-Cotton steady; middlng
| 99sc; receipts 81 bales 13 new; sales "a bales
new cotton &c lower
CHARLESTON, Aug 23.-Cotton quiet; mid
Va NAT inf hal
gross 70 (27 new; sales 20 bales stock $40 bales
exports, coastwise 40 bales
ATLANTA, Aug. 23.-Cotto7 quiet; middlng
9S4c; receipts bales.
NEW YoRK, Aug. demonstrated net re-
ceipts for oil cotton ports to-day 3,120 bales;
exports, to Great Britain "a, 75l bales, to France
500, to the continent PA; stock at ali American
ports 173, 124 bales
PROVISIONS GRooGkISs. krc.
LIVERPOOL, Aug. %, noon-Wheat strong;
demand good; holders offer sparingly; No /,
rs 9d@7s lid; red western spring rs 5dC17s cd;
red western, Is 5d67s I'd. Corn in good de-
mand; new mixed Western as Cd.
NEW YORK, Aug 20, noon.-Flour active and
stronger Wheat act active and strong Corn ac,
315 00415 So Lard quiet and easy at 50 25
Freights strong.
500 p. m.-Flour. southern quiet and held
higher Wheat 1900 higher and very quiet ;
options remarkably active, excited and 21s6D
21ac higher closing strong A0Ac under the
highest; No. red, August delivery 9916c; No.
2 red, September delivery 97a46l9916c closing
99c asked; October 975sn99l6c Corn strong
and nc higher; No. 2, August delivery $3.50
5434c, closing at5414c; September delivery 534
@s5414c. Oats 1Q2c lower closing weak; No. :,
August delivery 33I4 G33ssc closing 3314c; Sep
TENDER delivery 291sCD301sc Hops stronger.
Coffee steady; August delivery II 6O@1f Soc,
Sept amber delivery II 156l1 DC, October 10 60
@lO CSC; spot Rio strong; fair cargoes 1416c.
Sugar-centrifugas, 96-test SIC; refined I'M
changed. Molasses inactive and nominal Pc
troleum quiet; refined at NC. Cotton seed oil
strong at 42c for crude and 4sl6c for yellow.
Tallow firm; prime city 434c. Hides steady.
Wool strong ana fairly active Pork firm. Beef
dull. Beef hams quiet. Tierced beef dull city
extra India mess S12 500l5. Cut meats quiet
Dliddles firm; short clear 91sc Lard higher;
Western steam, on spot 80 IS, closing at 80 40
90 as; options strong; August delivery 50 3d.
closing 80 35; September delivery 50 20; refined
quiet. Freights stronger cotton 9-64d; grain
4Nd.
CHICAGO Aug. 23.-The conditions in wheat
to-day were such as seldom exist. and the ad-
vance was therefore remarkable The close
yesterday found large short interest among
the smaller traders here and at New York.
Selling for reaction was encouraged by large
operators who believed in and were working
for further advance in prices. Cables which
the shorts expected this morning did not come
Instead, spot in the United Kingdom was quoted
% dearer, with futures very strong, and the
price of American wheat advancing. In addi-
ton the weather Was wet abroad, and this bull
eigners There was foreign buying, country
buying, buying by snorts, and still heavier TAX
ing by the already long interest. The result
was bull day such as is seldom read about.
September started &c higher at $3.50, shot up
to dsc, back TO s7I5c, went flying up to SOC re-
acted fraction, and then the third and last
bulge. about II 80 a. m, went to S9lh0lS9lLc
Thirty minutes before the close the price of
September was off to SSI2c, and after another
slight rally again acted easier near the close
Wheat closed firm at S64c for September This
laef piorh
best price touched to-day, so that at the highest
point of the day an advance of SIC was shown.
Corn was quiet but finn, and the closing prices
were about on side for the day at an advance
of 3ac over last night The bull feeling in wheat
no doubt helped shorts to keep prices slightly
higher. In consequences Of firm markets for
other cereals, oats We're firmcr August advauc-
ing NC, May &c and Intermediate. IL was duh
most of the time in the provision pit and huct-
uations were within a narrow range. Hogs
closed lower, but that market had no apprecia-
bic influence on provisions, nor did the wheat
market The opening prices were about the
any all day, but at time sold 716c lower
closing, however, at the top Snort rios closed
at yesterday s figures, but lard gained lG16c
Cash quotations were as follows: Flour
firm and higher. Wheat-Eo spring SSL6da
$3.50: No. . red Doc. Corn-No. g. 4la4c Oats
No. 2, 2514c. Mess pork, per barrel. s13 so
013 S2L5. Lard at 50 1049 1916. Short rib sides
SO 20GS 22Lb; shoulders 81 4O617 80; short cIear
sides So 6OI9 20. Whisky 81 20.
Leading futures ranged as follows:
Opening. Highest Closing.
No. awHRkr-
Aug. delivery. -. s9ts ss5s