The morning news., 1888-08-25

"A AOO u - l. LCs 1COCs
is-64d, sellers; December and January 1s-64d,
buyers; January and February - sd, buyers;
February and March l3-64d. buyers; Sep
tenber 29-64d. buyers. The market closed firm.
New YoEK, Aug. "a, noon.-Cotton steady;
middiing upiands l09sc, mddhnG Orleans l0S4c;
sales none.
Fuures-Market opened steady, with sales as
follows: August delivery 10 66c; September
soc; october 5sc; November 45c; December
$50 January Sic.
500 D. m.--Cotton closed steady: middling
uplands l0lsc, middling Orleans l094c; saes to.
day 1872 bales; net receipts none, gross 7S3
bales.
Futures-The market closed firm, with sales
of $500 bales, as follows: August delivery
10 zoo 10 nc, September 62c, October $50
Soc, November 4SG99 49c, December 476D
4Sc. January SIC, February . 6SO96ic, March
9Tl@9 re, April 8 1903 6Jc, May 500 SSc,
June 9509 96c
Hubbard. Price & Co. s cotton circular says:
Our idea of August manipulation to day has
shown rather Steadier feeling and new crop
cotton few points better ell along tn line, the
closing being called firm. Accounts coming to
hand of damage by the recent storm in the
south go to show that it has certainly deferred
the maturity OF crops, if it has not reduced the
yield, and to this cause may be ascribed
rather steadier feeling. The price of the August
position has varied from 10 Csc to 10 SOC to-day,
and it is hard to say whether very high set
Ting figure will he established, and by many IL
is thought that the nervousness of the market
still betrays the existence of large short in
teraSt"
Weekly net receipts at New York s,140
bales, gross 22,03l; exports, TO Great Britain
6,076 bales, to France $40, to the continent
2,SSS; forwa ded S39 bales; sales to spinners
Sli bales; stock IA, ,s5s bales
GALVESTON Aug. 24.-Cotton quiet; mid
ding 9-l6c.
NORFOLK, Aug. 2l.-Cotton steady; middlng
994c
BALTIMORE, Aug. e4-Cotton nominal middlng
10lac.
BosroN, Aug. 24.-Cotton quiet; middlng
10a4c.
WILMINGTON, Aug 24-Cotton nominal; mid
ding 0I4c.
PHILADELpHrA, Aug. 24.-Cotton dull; middng
l5l6c
NEW ORLEANS Aug. 24-Cotton nominal; mid
ding 956c
MoBlLE, Aug. 2i.-Cotton nominal; middng
10c.
MEMPHIS. Aug. 24-Cotton steady; middling
10c.
AUGUSTA, Aug. 24.-Cotton steadyt; middling
939c.
CHARLESTON, Aug. 2L-Cotton quiet; mid
ding 994c; middling 1016c.
MONTGOMERY, Aug. M-Cotton firm; mid
ding 91lc.
CoLuMsUs, Aug. 2i.-Cotton quiet; middling
9Ac.
$3.50
SELMA, Aug. 24.-Cotton steady; middling 994c.
RoME. Aug 2.-Cotton quiet; middling 91bc.
NEW DIRK, Aug Sf.-CODSOuunLSu net re-
celpts for all cotton ports to-day 43, ,444 bales;
exports TO Great Britain :, 1881 bales TO France
-, to the continent 151; stock at ali American
ports lT2, 1853 bales.
PROVISIONS. GROCERIES,. ETC.
LIVERPOOL, Aug. "a noon.-Wheet strong; de-
mand good; holders offer moderately; California
No. /. IS 1dQSs I'd; red Western spring rs "a
6D7s Sd; red Western winter rs 10d; receipts of
wheat for the past three days were 100000
centals, of whicn $1,000 we're American. Corn
rpf,. 40 a
receipts of American corn for the past three
days were 81, 200 centalS Bacon, long clear 4Ss;
short clear 4Ss Lard, prime Western Ass Cd.
Weather wet and stormy.
NEW YORK. Aug. "a, noon.-Flour stronger.
Wheat lower and in less demand Corn fairly
active Pork firm; mess Sl6 00@i5 So Lard
stronger but quiet at ~ 4009 40. Freights
strong.
500 D. m.-Flour, southern stronger. Wheat
21693c higher; options, large business but very
irregular and excited, closing 214Gp25Ac over
yesterday; sales 35 100000 bushels; No. Q red,
August delivery 998c@$l oi14, closing 81 Ol34;
81 0l3z; October 99Ac6DSl 024. Corn firmer;
options more active and 1sG11sc higher, closed
strong at best; No. 9, August delivery 53160
5434c, closing at 5Ihc; September delivery 5414
6I55c, closing 55c; October 5414@5514c Oats
lower on mixed, unchanged on white; options
August 1}8c lower, other months 1sc higher;
No. ., August delivery 3lM032Mc, closing
3la4c; September delivery 29B61301sc. Hops
steady. Coffee steady; August delivery II 500
ii CSC Sept 4mber delivery ii 0O@l1 eOc October
| 10 35@10 t5c; spot Rio quiet at l414c Sugar
| steady falr refining bloc; refined steady.
| Moiasses dull and nominal Petroleum steady
but quiet; refined at 71sc. Cotton seed oil dull.
Tallow steady. Hides tirmer. Wool strong;
domestic fleece 280l32c, pulled 20M24c Pork
quiet Beef dull. Beef hams quiet. Tierced
beef quiet. Cut meats quiet. Mlddles strong
short clear 91sc. Lard scarce and higher;
Western steam, on spot 80 50lD9 6216, closing
at SO 62L5; city steam &c; options fully 30 per
cent higher; August delivery 80 %, closing
So 80; September delivery 50 25@9 so, closing
81 so; refined higher but quiet. Freights
stronger; cotton prompt 9-b4d, early September
ll-64d, paid and bid; grain 3D.
CHICAGO, Aug. A.-The wheat market to-day
was marked by high prices at the opening; q
decided decline before II O'clock and decidedly
higher prices and furore of buying during the
last hour. The range and volume of business
yesterday surpassed Cables were very
bush again. and prices started nearly &c over
last night. There was not much business done
at first quotations. Big bulls thought they saw
a good Cnance to realize aud perhaps catch the
market on "a decided reaction. In this they we're
but doing what the smaller fry he'd done "a and
4S hours before. They sold freely on hand
spots and prices yielded for an hour, and went
down from opening figures about l11c without
touching last nights closing. But buying was
too general, cables giving Sd dearer wheat at
Liverpool, backed up by the worst kind of crop
news from the Northwest, and big bulls and
little short sellers of the morning turned in as
roaring buyers about IL O'Clock. Late cables
auOeu lLe eAClbtIltub, huu uiotpt3IuDSf,
sold from 9014c down 10 8oc, and rallied slowly
to S916c, was taken in 80 minutes to 01c, 1ec
over the top price of the morning ana 214c over
the close last night. Still buying kept on. and
five minutes before the close september sold at
9191c, or 236c advance Tor the day. This
strength did not abatc to the very close, and
September closed at 9lISc, or 231c higher.
Other futures acted closely with September all
day. In corn as in wheat the common influences
of receipts and shipi.. nts, etc, lost sight
of entirely, and there was buying the gen
eral theory that everything was strong and
advancing. 1t was reported early that Hutchih-
son was realizing on hls wheat, aud that he Is
TO take a hand. The crowd took hold OF corn,
ana individual trading was lost sight OF. Sep
tember, which struggled hard to stay at 4bc
day or two, opened this morning at 45Mc and
went up to 40l5c, reacted to 4S1ac. climbed
slowly back TO 1oIsc and on closing the bulge
went TO the best point OF the day at 46lk4b14c.
There was a steady feeling in oats. August
opened taEfe at 14c better, but reacted, and
closed at nc decline There was a better de-
mand for later futures, and from September to
year there was 14G9sc advance, with a firm
close. Opening prices in provisions were the
highest of tho day, save in lard, which made
early though, as u whole, the trade was quiet,
and fluctuations not wide. The strength shown
duridg tue early trading was mainly due 10
shorts covering, and the latter part OF the day
was unateresting. Pork for October closed at
SI3 a21S and rios az S. 2111 about where they
opened, or 2lhQD6c respectively above last
nights close. Lard ciosai at ~ 32l3 the top
price of the day for October option, and 271sc
higher than ut yesterday finish.
Cash Quotations wore as follows: Flour
firm and uncnanged. Wheat-No spring 81
~ . 4 t.rtZ M tgr naFg