The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-06-01


May delivery 25-64d; May and June s 26 -64d:
June and July 2464d; July and August
2o-o4d; August and September 24-64d; No
vem6er and december S64d; September
The tenders of deliveries at to-day's clearings
amounted to l,l00 bales new dockets and 200
bales old dockets.
2p m.-Sales OF the day included Z 400 bales
American
Fururss-Uplands, low mid1lling clause, MAY
delivery 25-64d, sellers; May and June 24-64d
buyers; June and July 2i-64d, buyers; Julya
August 52564d, value; August and September
2i-6ad. value; September and October 15-64d
sellers October and November l0-64d sellers
November and December Sod, buyers; Sep
temoer 24-O4d, value. Futures quiet but
steady.
Good middling uplands 9-16d middling up
lands 5ssd, low middling uplands 316d, good
ordinary uplands Sd, ordinary upIands AID:
24sd, low middlng Texas 3-16d, good ordinary
Texas 16d, ordinary Texas 434d; good mid
dung Orleans sgd, middliug Orleans lied
low low mlddhng Orleans 514d. good ordinary Or
leans 51sd, ordinary AID.
4 p. m.-Futures: Oplands, low middlnx
clause, June delivery 25-64d, sellers; June and
July 25.o4d, sellers; July and August 25-64d,
buyers; September and October 15-o4d, sell.
ers; October and November l0-64d, buyers
November and December 3 9-64d, sellers; De
cember and January S64d, buyers; September
2404d' buyers, Market closed steady.
sales 9i0 bales. -'7so'
Futures-Msrkst opened dull but steady, with
sales as follows: May delivery 9 Ole; June 10 csc;
July 10 10c; August 8 roc; September Q 46c;
October 8 SIC
500 D. m.-Market closed firm; middling
upiands l0c, middling Orleans 101sc; sales to-
day ., 200 bales, including 5,033 for export; net
receipts $50 bales gross 2s4 bales.
Futures-Market closed quiet but steady, with
sales of ~ 500 bales, follows June delivery %
az 95c, July 10 O29l0 03c, August 10 10@
49c, November 9 1909 ACC, December 0 500
March 65@9 CSC.
Messrs. Hubbard. Price & Co s cotton circu-
lar says: There has been very little change
IN the general character of the market to-day.
The limited short interest and the evident in
disposition to make further investment mar
rowed the demand down to very small com
pass, ana fluctuations represent a range of
points. Closing quotations are 1@2 points
above those of tuesday. large line Of 5000
bales spot cotton was sold here to-day for ex-
port, however seemingly without influence on
value of futures"
GALVESTON, May 3l.-Cotton dull; middling
7-l6c; net receipts none, gross none; sales
none; stock 5,l3S bales; exports, coastwise
,f65 bales.
NORFOLK, May 31.-Cotton steady: middling
934c; net receipts 179 bales gross 49,; sales 600
bales stock 1898 bales; exports, coastwise 351
bales.
BALTIMORE, May 31-Cotton quiet; middling
l0c; net receipts none gross 101 bales; sales
none; stock II, 1874 bales; sales TO spinners 100
bales.
BosroN, May -Cottouquiet; middling 1o1sc;
net receipts 1G2 bales, gross 1862; sales none
stock none
WILMINGTON, May S1.-Cotton quiet; mid
ding 9ssc net receipts 20 bales, gross 20 sales
none; stock 2, 715 bales.
PaILADELPHIA, May 3l.-Cotton dull; mid
ding l014c; net receipts none, gross none;
stock 1854 bales; exports, to Great Britain l. 176
bales.
ding 91sc; net receipts 1.94O bales, gross 1856
sales 5000 bales; stock 121 293 bales
MOBILE, May 31.-Cotton quiet; middling
9a4c; net receipts bales gross g.; sales zoo
bales; stock 10,46l bales; exports. coastwise 2e5
bales
MEMPHIS, May 31-Cotton easy; middlIng
99-l6c; receipts 237 bales; shipments S3S bales;
sales $50 bales; stock 1884 bales
AUGUSTA, May 3l.-Cotton quiet; middIin2
95Sc; receipts IS bales; sales 558 bales.
CHARLESTON, May 3l.-Cotton quiet: middling
1116c; net receipts 1893 bales gross 1913; sales
none; stock 4,545 bales.
ATLANTA, May 31.-Cotton steady; middling
916c; receipts 10 bales.
New YoRK, May 31,-Consolidated net re-
ceIpts for all cotton ports to-day 2, 800 bales;
exports, to Great Britain 1.176 bales, to the
continent -; stock at all American ports
392, 535 bales.
PROVISIONS. GROCERIES. ETC.
LIVERPOOL, May 81, noon-wheat quiet; de-
mand Door; holders offer freely. Corn dull de-
mand poor.
NEW YORK, May 81. noon.-Flour dull but
easy Wheat 3l@1c lower. Corn duh and a
shade lower Pork steady; mess S15 25QD15 so.
Lard easy at s. Is. Freights dull. Old mess
pork $14 00D1450.
500 p. m.-Southern -four steady Wheat
cash grades about 1c lower; options variable
and unsettled closing steady; No. 2 red, May
delivery 9l192c; June 80 10 16Q92c. Corn
cash grades about 11c lower. dull and heavy;
futures irregular, closing steady; No. 2, May
delivery 63D63sc; june delivery 61Ss@621sc.
Oats 1E019c lower and more active on spot;
No, ,, June delivery 3734G3Sc. July 3S1a@1381lc,
No. 2spot 3S0939c mixed Western 36040c Hops
closed quiet but barely steady Coffee, spot
fair Rio firm at 161ac; options higher and less
active; No Rio, Juno delivery Ia 15A14 Doc:
July delivery 10 25113 45c. Sugar steady; fair
refining quoted at 434c; refined firm. Moasses
easier; 50-test 1910. Petroleum steady. Tallow
steady at &c. Cotton seed oil quiet and I'M
changed at 42c for crude and 47c for refined
Hides in light demand Wool quiet and weak
Pork firm and fairly active for export; mess
for export, S14Q1l so for old S15 25Q15 30 new
Beef steady Beef hams dull at 15G116c. Tlerced
beef dull; city extra l2tG l6c. Cut meats quiet
and steadily held; picked bellies nc. Middles
dull Lard-Western steam, on spot IS 60; July
delivery So52086S. Freights dull; cotton 5-64d,
grain 14d.
CHICAGO, May 3I.-The leading feature on
Change this morning was the unsettled condi
ton of the wheat market The action during
the first hour was even more sensational than
the mysterious drop of Tuesday. The price for
July started at S5c, 1Ac better than the last
price quoted Tuesday In three minutes it sold
at 951sc, because there appeared to be no wheat
for sale Then there was a sudden reaction and
the price went down TO SIC, drop of 21sc, with
weakness and strength equally strange TO the
crowd in the pit. After this phenomenal action
July sold until noon between S4asc and S45fc
The volume of business was not large. but the
crowd was very nervous. A few big houses
were prominent sellers on the way down, and
this gave the tumble something of the nature
of raid. Other futures, in sthe excitement,
opened way up and in less time than it takes to
break in July came they declined faster than
they had climbed up few minutes before.
Later July sold between S4l4c and Soc, nervously
jumping about LQ11Bc in moment. There
was very large increase in wheat on passage.
From this there were no features in the move
ment figures Opening prices and early trading
great strength in corn, but after
prices advanced few points there was quite a
let-down in May, and other futures weakened
day. May sold early at soc and up to 5G}4c,
then back to Soc by slow degrees, and before
the close went to 54c. July touched 5516c and
sold down to sac, closing atf5455c. Receipts
we're 957 cars, OF Which 637 cars graded No =.
Oats were quite active, May delivery attracting
special attention There was still quite a large
short interest and there was brisk trading at
prices, May closing at 37l1c The
provision trade was slow, featureess and unin-
largely in view the changing over of some out
standing contracts to a later month Prices,
however, held steady in spite OF large receipts.
July pork sold at S14 l00l4 12,6. and closed at
SlI 15Ls. July lard sold at 81 15GtS 37I6 and
closed at 80 As. July short ribs opened at