The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-08-04
THE MORNING NEWS: SATURDAY, AUGUST 4. 1888.

rates. The demand was kept up well during
the day, and some 1900 bales contracts
changed hands at improving prices. Foreign
shorts continue their preparations to ship cot
ton from Liverpool to this market. and our
private advices from abroad names, besides
1900 bales shipped, an additional amount of
II, 900 bales cotton ady for shipment during
next week if prices continue as at present.
Less favorable crop reports and the fear of
drought in Texas have again strengthened the
new crop position. and free buying orders ad-
vanced and winter months 26D3 points. At the
advance, however, liberal selling. specially on
the part of our German houses, took place, and
prices closed at loss of 500 points from the
highest"
GALVESTON, Aug. s-Cotton nominal middling
i0c
NORFOLK. Aug. s.-Cotton firm; middling
BALTIMORE, Aug. S.-Cotton nominal; middliDg
10&4c.
Bosros, Aug S.-Cotton quiet; middling
lie.
WILMINGTON, Aug. s.-Cotton firm; middling
10c.
PHILADELPHIA, Aug. 3-Cotton firm; middling
II 1-16c.
NEW ORLEANS, Aug. 3.-Cotton nominal mid
ding l04c.
MOBILE, Aug. S.-Cotton nominal; middng
l0c.
MEMPHIS. Aug s-Cotton steady; middling
10c.
AUGUSTA, Aug. 3.-Cotton firm; middlng
l0lsc.
CHARLESTON, Aug. s.-Cotton quiet; middlng
10c.
MONTGOMERY. Aug S.-Cotton steady; mid
ding 934c.
CoLUMBus, Aug. s,-Cotton quiet; middling
NASHVILLE, Aug. S-Cotton firm; middling
oHc.
SELMA, Aug. 3.-Cotton steady; middling 9l4c
ROME, Aug 3.-Cotton steady; mddling
10c
ATLANTA. Aug 3.-Cotton steady
New YORK Aug. 3.-Consolidated net re-
ceipts for all cotton ports to-day 958 bales;
exports, to Great Britain 1887 bales. to the
continent ,066; stock at all American ports
III, sos bales
PROVISIONS. GROCERIES. ETC.
LIVERPOOL, Aug. 8, noon.--Wheat quiet
demand fair holders offer freely; receipts of
wheat for the past three days $4,000 centas, of
which 900 were American. Corn quiet de
mand poor; receipts of American corn for the
past three days &c, 200 centas. Bacon,
| short clear AS. Lard, prime Western AIS cd.
Weather much more favorable.
new YORK, Aug. 3, noon.-Flour quiet and
unchanged. Wheat lower Corn lower. Pork
| dull; mess S15 256Dl5 so, Lard heavy and lower
at IS 90. Freights steady
300 p. m.-Flour, southern quiet and firm.
Wheat 1a61lc lower owing to break in options
| export demand fair; options fairly active and
| lower opening at decline of M011ec, later
broke 1s@ssc more, then rallied 1sGD14c and
closed firm; No. red, August delivery $500
94c; September delivery ,9sS092l5c. Corn 1SGl
/ 1c lower on freer offerings; export trading mod
crate; options broke 9s9lc early, later recov-
cred 3s6D1Sc, closing with reaction of 14c and
firm; speculation rather tame; No. 2, August
delivery 534@541Ac; September delivery $500
54c Oats steady; options 1s116c better; No. :,
August delivery 80 ll-l6@Slc, closing at 3lc;
September 295s0G2994c. Hops quiet and firm.
| Coffee quiet; fair Rio nominal at dc; options
dull and heavy and a shade lower No. Z Rio,
| August delivery 10 35110 45c, Sept 4mber deliv-
| cry 8 9019 95c, October 8 55@9 Csc. Sugar
| quiet and firm; refined quiet Molasses nomi-
nal Cotton seed oil at 42l3c for crude, 460 4715
| for refined. Hides quiet and steady Wool
| firm but quiet; domestic fleece 206136c, pulled
| 1s6l3Sc, Texas l3G12ic Pork steady. Beef dull.
! Beef hams steady. Tierced beef quiet. Cut
meats firm; picked shoulders SC. Mddles nom
inal. Lard 81l2 points lower, closing dull;
Western steam on spot ~ OOQ19 l2z6, August de
| ST. Freights quiet.
| CHICAGO Aug. 3.-The morning markets on
| change were comparatively dull, fluctuations
| in most pits were narrow and prices generally
lower There was nothing In the receipts or
| the news to materially effect trading, and as
| buyers held off it was easy to bring about a
| decline on light selling. Wheat was very weak
| after the unloading of yesterday and opened lie
| lower for September, but rallied To S29sc before
| II a. m. At thirty minutes before the close of
| the session wheat was 14c lower than the close
yesterday. There was less selling and no dlspo-
| sition to buy for a rally The range on Septem-
| Der was within sc, and the best point of the
| day was sc under the closing price of yester
| day Wheat closed weak and lifeless. Ac under
| Yesterday and 11c better than the opening price
| Corn was fairly active at times and very dull al
Others There were no striking features. There
was some pounding of October, and it was
| thought it was done in order to buy September
| to better advantage. The market held up pretty
well under early selling, the lowest point being
| but sc below the close on Thursday. Oats
were the exception and sold at higher prices
The advance was about 1sc for all futures The
| strength due to light receipts and wet
weather. Good business was transacted in pro
| visions, but the weak feeling developed yester.
| day was continued. The market for hogs was
| weaker and prices lower. Holders of the cured
| product evinced more disposition to sell Buy
| ers we're less inclined to buy and nervous and
| irregular market noted. Pork advanced
| sharply after the opening, but then broke 35c
| and finally closed 15c below yesterdays last
sales. Lard was weak and despite the purchase
| of $3.50 tierces for export, prices declined 100
l2c and the market closed tame. Short ribs
were sold freely by strong operators, and Sep
TENDER broke from So 40 to So 1719 but closed
at $825.
Cash quotations were as follows: Flour
| firm and unchanged. Wheat-No. 2spring S2I6c
| No. , red S5c. Corn-No. 3, 1870. Oats
No. 2, 2SQ2Sl6c. Mess pork per barrel, S14 &c
| OLA 25. Lard at % 20. Short rib sides, IS 2061
IS; shoulders 81 2517 40; short clear $9G9 10
| Whisky quiet.
Leading futures ranged as follows: