The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-16


Memphis & Char. IS Western Union . 7616
Mobile & Ohio. Cotton Oil certifi, 3ll6
Nash & Chatt'a.. 1854
*Bid.
LIVERPOOL, May IS, noon.-Cotton dull;
prices generally in buyers favor; middling up
lands 7-16d; middling Orleans SGD; sales 1000
bales, for speculation and export 1000 bales;
receipts ID 600 bales-American $500.
Futures-Upl ahds low middling clause
May and June delivery 2l-64d; June and July
22-64d; July and August 22-64d; August and
September 22-6id; November and December
5 6-64d; September 22-64d. Market dull at the
decline.
Up. m.--sales of the day included 5000 bales
American.
Middlng uplands 5ssd middliug Orleans
7-16d.
Futures-Uplands, low middIins clause, May
delivery 20-64d, buyers; May and June 20-6ld,
buyers; June and July 2l-64d, sellers; july and
August 2364d, sellers; August and September
2l-old. sellers; September and October 12-64d,
sellers; October and November 5 1-64d sellers;
November and December 5 sod, buyers; Sep
TENDER 2l-64d, sellers Futures dull at the
decline.
clause, May delivery 20-64d, buyers; May and
June 2O64d, buyers; June and July 2l-64d,
buyers; July and August 22-64d, sellers; Au-
gust and September 5 p Odd, BUYERS; Septem-
Der and October 12-6id, buyers; October and
November 7-64d, buyers; November and De
cemoer 6-64d, sellers; September 21-64d,
buyers. Market closed quiet but steady.
NEW YORK, May Is, noon.-Cotton steady:
middling uplands 10c middlinP Orleans I0lkc;
sales 276 bales
Futures-Market opened steady, with sales
as follows May delivery SEC, June sec, July
8 Sc August 10 04c, September 66c, Octo-
Der 40c.
500 D. m-Market closed quiet; middling
uplands 1Oc, middling Orleans 1OJsc; sales to,
day 2l7 bales; net receipts none, gross 4,343
bales.
Futures-MarEet closed very dull, with sales of
$4,000 bales, as follows: May delivery $40
90 S5c, June S6G19 SIC. July 5000 97c,
August 10 050l0 06c September 9 6609 &c DC
tober 9 4209 43c, November 9 3SQ9 BIC, De-
cember 3409 35c. January 9 1909 43c, Feb
ruary SOFAS Sic March 5S09 Csc
Messrs. Hubbard. Price & Go. q cotton circu-
lar says: "Our market for certificates opened
quiet, with sales 3 points below yesterday.
Trading however. remained very limited.
There is no disposition to sell the market short,
fearing that manipulation might advance sum
mer months. The few deals which make up the
small total of figures of daily sales are mostly
of a scalping nature. The closing prices show
decline of 1 point against last night"
GALVESTON. May 15.-Cotton steady; middling
97-16c; net receipts 70 bales, gross 70; sales 33
bales; stock 6,426 bales; exports, coastwise 289
bales.
NORFOLK, May 15.-Cotton quiet but steady;
~ ss,ss Soa ho,as utoo * Sos he sioS9
ports, coastwise 342 bales
BALTIMORE, May 15.-Cotton dull; middling
10c; net receipts none, gross 1,18 bales; sales
none; stock Is l05 bales; exports, coastwise $50
bales.
Boston, May 15.-Cotton quiet; mddling 101sc;
net receipts 1872 bales, gross 1860; sales none;
stock none.
WILMINGTON, May 15.-Cotton dull; middling
916c; net receipts bales, gross 10; sales none;
stock 1885 bales.
PHILADELPHIA, May 15.-Cotton dull; mid
ding l0L4c; net receipts 80 bales gross so;
stock 1880 bales.
NEW ORLEANS, May 15.-Cotton easy; mid
ding 91ec; net receipts 1854 bales gross 1894;
sales $3.50 bales; stock 1542S1 bales.
MOBILE, MAY 15.-Cotton dull; middling
97-16c; net receipts 16 bales gross Is; sales 200
bales; stock l3,O5S bales; exports, coastwise $50
bales.
MEMPHIS, May 15.-Cotton quiet but steady;
37S bales; sales rs bales; stock "a 1853 bales
AUGUSTA, May 15.-Cotton quiet; middling
$3.50; receipts 1GS bales; sales 231 bales.
CHARLESTON, May 15.-Cotton quiet: middling
$50 bales; stock 8, 1871 bales.
ATLANTA, May 15.-Cotton quiet; middling
9 7-16c; receipts II bales
New YORK, May demonstrated net re-
ceipts for all cotton ports to-day 1901 bales;
exports to Great Britain 3,O22 bales, to the
continent 1920 bales stock at all American
ports 453,326 bales
pRovra,oxs eRocrHrrs. Etc
LIvERReoL, May 10, noon.-Wh heat IN talr de-
mand and firm; holders offer sparlngly; receipts
Of wheat for the past three days o4,OOU centals,
of which 6,OOJ were American. Corn nrIn; noth-
ing Offering; receipts of corn for the past three
days were $50 centals.
NEW YORK, May Is, noon.-Flour quiet but
firm. Wheat lower. Corn lower. Pork hrm;
mess Sl5 OO415 p Lard stronger at IS 3d.
Frelghts steady. Old mess pork VA %.
p. m.-Flour Southern flrm but quiet.
Wheat 1G1112c lower; nothing doing Tor export;
speculation very brisk; No. red May delivery
9S76c0S1 OF; June 80 9-l6UgSc. Corn about lc
lower; fairly active, partly for export; No. 2,
Oats firm; No. 2, May delivery 8918D 4Oc, June
3J96Q14O14c. Hops steady. Coffee, spot talr Rlo
steady; options lower but talrly acuVei No.
Rio, May delivery IL 6ONl3 DOC; June delivery
II 95G13 25c. Sugar dull and more or less
nominal. Moasses dull. petroleum STEADY; re
fined nc at all ports. Cotton seed oil quiet.
Talow steady at 43bc Eggs firm but quiet;
closed dull and weak; domestic fleece D036c,
pulled 1S013Sc, Texas 13D19c. Pork IN light
inquiry. Beef dull. Beef hams steady. Cut
meats quiet but firm. Mlddles dull Lard ad-
vanced 12l0l5 points and closed steady;
Western steam, on spot IS 50; June delivery
IS 70QS74 July S8 71WS 70. Freights dull;
grain per steam, 119d.
settled and lower to-day without anything de-
cisive appearing to indicate future action.
Trading was based largely on what the crowd
Thought the leaders were doing. and not upon
statistics on crop news, or grain movements
ON the whole, the majority were sellers, but
the support of few prominent bulls, and the
belief, that the weakness was but temporary,
prevented any stampede Each depression was
Quickly followed by a slight rally. but the de-
cline for the day was nevertheless quite
SS14c up to SS5kc and back to Ss1Sc, where it