The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-01

L ne DIS safes OF Il0 nOuf UlQ not snow any
special feature and values opened at about Sat
urday's closing prices and the first hour of the
session brought no improvement, the advance
in Liverpool being counteracted by heavy re-
ceiptS. At noontime sellers became scarce.
The official reports of the spot market showed
gain. liberals taking the part of spinners. The
bears commenced to cover and the whole mar
ket, obeying the impulse, prices climbed up
steadily, closing at the best prices of the day,
with an advance of 500 points on old and 506
points advance on the new crop"
GALVESTON. April 30.--Cotton firm middling
Sssc net receipts 1lS bales, gross l1S; sales 1877
NORFOLK, April 30-Cotton steady; middling
s$4c net receipts $40 bales, gross $40;
sales l05 bales stock 49, 1879 bales, exports coast
wise 2 1874 bales.
BALTIMORE, April 30-Cotton steady; middling
l3-16c; net receipts none, gross bales; sales
bales; stock 1s,47S bales
BosToN, April 30.-Cotton quiet; middling
93sc; net receipts 81 bales, gross 1856: sales
none; stock none; exports, to Great Britain 100
bales.
WILMINGTON, April 3O-Cotton steady; mid
ding s14c; net receipts IL bales, gross IL; sales
none; stock 3,3ls bales
PHILADELPHIA, April 30.-Cotton quiet; mid
ding 10 Lice; net receipts none, gross none;
stock Is 907 bales
new ORLEANS, April S0.-Cotton firm;
mlddllng 7-l6c; net receipts 3469 bales, gross
4,Ol9; sales $50 bales; stock 1873, 542 bales ex-
ports, to Great Britain 1855 bales, to the CONT
nent NJ bales.
uOblLE, April oU-COtJOn Steauys mlQuunR
5-l6c; net receipts 95 bales, gross 95 sales 500
bales; stock 1899 bales; exports, coastwise 425
bales.
MEMPHIS April SO.-Cotton firm; middling
8 7-16c; receipts 800 bales; shipments 2,S35
bales; sales !, 200 bales; stock 81 ,356 bales.
AUGUSTA, April 30.-Cotton firm; middling
sasc; receipts 10 bales; sales 90 bales.
:, CHARLESTON, April S0.-Cotton firm; mid
ding 9-l6c; net receipts 799 bales, gross 799;
sales 200 bales; stock 1925 bales
ATLANTA, April 30.--Cotton firm; middling
914c; receipts 30 bales
New IoaK, April demonstrated net re-
celpts for all cotton ports to-day $3.50 bales;
exports, to Great Britain {, 1888 bales, to France
1852 bales, to the continent 1881; stock at all
American ports 512, 7S5 bales
PROVISIONS, GROCERIES. ETC.
LIVERPOOL, April 80, noon.--Wheat in fair
demand; holders offer moderately. Corn firm;
demand fair.
NEW YoRK, April 80, noon.-Flour quiet
but steady. Wheat unsettled. Corn lower. Pork
dull; mess S1s OO015 %. Lard dull at IS 25.
Freights dull.
500 p. m.-Flour. Southern steady; trading
rather slow. Wheat-options irregular, closing
firm but very quiet; No. ? red, April delivery
e51tc; May delivery 9409psc Corn firmly held,
trading light: options dull; No. 2, May delivery
No. 2, May delivery 37ssc. June 37a4GE3S9sc; No.
spot 3,la93811c. Hops quiet but firm. Coffee,
spot fair Rio quiet at 14s4c; options 10000
points lower, closing steady; No. Rio, May
delivery II 55@l1 65c; June delivery II O5@11 l5c.
Sugar dull and more OF less nominal; refined
duh. Moasses steady. Petroleum steady;
refined nc at all ports Cotton seed oil quiet.
Tallow easier Eggs rather weak; Southern
121h@1314c Wool dull and heavy; domestic
fleece 22937c, pulled 1S03Sc, Texas 1302Oc.
Hides steady. Pork steady. Beef dull. Beef
hams steady. Cut meats firm; picked bellies
734c, picked hams 119nAc. Middles dull.
Lard advanced 617 points, closing firm
Western steam. on spot SIS 2jGIS 321S; May de-
livery s. 1905 20, city steam 81 So Freights
dull; cotton 3-32d, grain nominal.
CHICAGO. April 30.-The dulness of changing
and readjusting of trades for May 1 was about
over when the board opened this morning, and
operators were ready for developments of some
drouth had already been discounted, and
though the market opened 2sc lower, there was
pretty general buying in an advancing market
before noon. June opened at S115c, declined to
$3.50, was followed by limited buying which
gradually grew into general buying when II
was discovered that no big break was probable,
and by u O'Clock June had touched S3c wilh
| great excitement and nervousness in the pit.
| This was an advance of &c over the bottom
| prices of the morning 1t was in fact, a strong
| bull market on the crop situation in spite of
rains and the decrease of 160, 900 bushels in the
| visible supply, when a slight increase had been
| looked for. On the afternoon session a reaction
| set in, and most of the advance was lost June
| closing at 815sc Corn, like wheat, opened
weak, showed a slight decline, and reacted
| later, selling several points better than Satur-
days close, and closing 14c higher for May and
| &c higher for June. This was good bull day
| in the pit, considering receipts and estimates.
Receipts were 443 cars and for tomorrow 800
cars were promised. Early in the day there
was a furry in May on account of few shorts.
1t opened at 5434c, sold down to 5415c, with
other futures, and then straight up to SIC.
There was considerable May stuff changed
hands at the top. May closed at $3.50, June
sold between 541605514c, closing at soc. Oats
were considerably excited. There was a rush
TO sell futures on account of other markets
being easier, and the weather being more favor
able to the growing crop. June opened at 32c,
sold off to 31Nc, rallied and closed at 32}Sc
Provisions were more active and stronger, and
closing sales showed net advance. great
deal of changing of contracts from May to
June and July was INDUCED in, and the differ
ence widened 216c to sc. making better carry
ing charges. May pork sold at Sl3 50013 671S,
and closed at Sl3 621a. June sold at Sl3 621669
ID 80, and closed at Sl3 70. Lard for May sold
at 81 S06D7 9211, and closed at 81 9216 June at
81 95G7 9716. Short ribs advanced from 81 1216
a. 20 for May, and closed at 81 I'M; June
closed at 81 IS.
Cash quotations were as follows: Flour
dull but unchanged. Wheat-No. 2 spring
6!1a@S19sc; No. 2 red S416dDS5c Corn-No. e,
55ssc. 0ats-No. 2, 32L46}3211c. Mess pork per
barrel. $13 6O013 65. Lard at 81 g607 921S.
Short rib sides, loose 81 90 Dry sailed shout
ders, boxed s. 70. Short clear sides, boxed
81 70Q7 10 Whisky 81 10.
Leading futures ranged as follows: