The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-22

lows: May delivery soc; June Gle; July 10 Ole;
August 10 lie; September 9 69c; October 44c
500 D. m.-Market closed quiet; niddling
| uplands 10c, mddling Orleans l0&c sales to-
day l46 bales; also during the week not previ-
ously reported 1913 for export; net receipts 300
| bales, gross 1870.
Futures-Market closed quiet with sales of
IS, 600 bales as follows; May deliyery9 $500 90c.
| june 9l&9 92c. July 10 01Gl0 orc, August
10 ilSio lac, September s7l@9 nc, October
$500 3sc. January 94609 47C, February
9 $500 Sac, March 61@9 go.
hessrs. Hubbard. Price & Co. 8 cotton circu-
| lar SAYS: The market opened with little ami
nation at about Saturdays close, and pre-
| scented during the session a lstlesS appearance,
with small business doing and few orders in
| brokers' hands A slight advance of 96l4 points
for the summer months took place at one time,
| but when buyers had been supplied there was
no disposition to maintain values, and prices
lost the morning advance; closing quiet at
| about Saturdays figures"
| GALVESTON. May 2l.-Cotton quiet; middhng
7-l6c; net receipts 60 bales gross 90; sales 279
| bales; stock 6 PA bales.
| NORFOLK, May 2l.-Cotton quiet but steady;
middling csc; net receipts 1,446 bales, gross
| 49, sales l27 bales stock 16,471 bales ex
| ports, coastwise 80 bales.
| BALTIMORE, May Election steady; middling
| lOc; net receipts none, gross 25 bales; sales
| 4o0 bales, all Spinners; stock 1889 bales.
| BOSTON, May 2l.-Cotton quiet mlddlng 10lsc;
net receipts 42S bales, gross 1,270; sales none;
| stock none
WILMINGTON, May A-Holiday; net receipts
bales, gross -; sales none stock 2,6Si bales
| PHILADELPHIA, May Election duh; mid
ding l014c; net receipts 60 bales, gross IS;
| NEW ORLEANS, May 21.-Cotton quiet; mid
ding 91ec; net receipts JOB bales, gross 1903
| sales 1000 bales; stock 1857 bales; exports,
| to Great Britain 4S23 bales.
| MOBILE, May 21.-Cotton quiet middling
| 9Ssc net receipts 1876 bales gross 1926; sales 100
bales; stock 1851 bales; exports. coastwise 100
| bales.
MEMPHIS, May 21.-Cotton quiet but steady;
| middling 9l6c receipts 517 bales; shipments
7l3 bales; sales 800 bales; stock 81 02O bales
AUGUSTA, May 2l.-Cotton dull; middling
| 9-ltc; receipts A bales; sales 326 bales.
| CHARLESTON, May 3l.-Cotton quiet: mddling
| 9 11l6c; net receipts 1879 bales, gross 1885, sales
rs bales; stock 9,049 bales.
ATLANTA, May 21.-Cotton steady; middlinG
| New YORK May 21-Consolidated net re-
ceiDts for all cotton ports to-day 4,059 bales;
exports, to Great Britain l1,O'7 bales, to the
| continent 400 bales, to France 1923; stock at
| all American ports 1924 bales
PROVISIONS. GROCERIES, ETC.
! NEW York, May p, noon-Flour quiet but
| steady. Wheat lower. Corn lower Pork firm ;
mess S15 25Q15 so. Lard easier at SIS 80. Old
| mess pork S14014 %. Freights dull.
800 D. m.-Flour, Southern quiet and about
| steady. Wheat decidedly weak; No. red May
delivery 959s@971sc; June 947s09619c. Corn
S ws2ke Elm No. May delivery e3h@S4zse; June
| 3734@D3Sesc; June delivery 3734Q3S34c; No. 2,
spot 3s16@39c; mixed Western 38@89}Sc. Hops
dull. Sugar firm and quiet. Coffee, spot fair
| and moderately active; No. Z Rio, May delivery
| IA 45d114 SIC; June delivery ID 75@13 00c July
| 10 1908 40c. Molasses steady; so test 20c Pc
troleuIn steady; 6]606S4c for crude In barrels !;
7tsc for refined at all ports. Cotton seed oil
| quiet. Tallow dull at 41sc. Hides in light de
mand Wool dull and easy. Pork quiet but
steady. Beef dull. Cut meats firm; picked
bellies 1880, clear bellies 73sc. Middles nominal
Lard less active; Western steam. on spot quoted
at SO 92Ib May delivery $SS7 June delivery
IS 80QDS S219. Freights steady; cotton, per
steam, bod; grain, per steam, Id.
CHICAGO, May 21.-The markets were gener-
| ally unsettled on Change to-day. The tendency
of prices in the grain pit was downward, with
quick rallies, while in provisions there was COM
parative dulnesS, with slightly better prices
Wheat was weak on the curb, but on the
strength of some outside buying orders opening
prices were NC over Saturday, closing with July
| at 8914c. The market. however, soon became
weak, and before 1890 prices had declined &c
| There was no panic and no feeling that prices
were going to pieces beyond recovery 1t was
| simply the natural reaction from last week S
rapid advance and the shifting OF holdings. If
| there any attention paid to crop news, it
only tended to brighten the fellows who we're
| loaded up, though there was positively nothing
| alarming from any quarter. Hutchinson was
| seller, and the bulls, who helped prices up so
| well early last week aud then disposed of a
| good share of their holdings, simply let the
market alone. The visible supply was disap-
| only about one-quarter of the decrease expected.
| In corn, as in wheat, there was a vast lot of
| long corn in the hands of the local crowd. Lo-
| cal receipts were large and grading high. There
was a general selling on this fact at the start.
| Then when prices began to tumble in wheat,
| that influence made corn still more heavy.
| Later it was estimated that the receipts for
| Tuesday would be nearly 800 cars. This gave
another squirt to selling. Though there was
| such weakness, there was no unusual activity in
| the pit The break in corn, heavy selling by
| some large holders and an increase of All, 900
| bushels in the viSiby supply, had a weakening
| effect on oats. Provisions were quiet but steady,
| operators giving more attention to wheat than
| to trading. Receipts of hogs were good, but
| flrmness in the market prevented holders of the
| product from offering any idea of prudence,
| and as buyers were not inclined to bid mp for
| stock, prices were confined to a narrow range.
| Lark was weaker and closed 219@5c lower
| Short ribs weakened fraction.
| Cash quotations were as follows: Flour
| easier, unchanged Wheat-No. 2 spring $3.50
! SEC; No , red 9016c. Corn-No. 2, 55c. Oats
No 2, BIC. Mess pork, per barrel S14 81 n
| ali 40. Lard at So &c. Short rib sides, loose
| 81 6216. Dry sailed shoulders, boxed $1,000
| 6 25 Short clear sides, boxed IS 1O0S 15
| Whisky 81 IS.
| Leading futures ranged as follows: