The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-07-14

Futures-Market opened steady. with sales
as follows: July delivery 10 40c; August 10 45c;
September 19c; October 5Tc; November
| . Doc; December 4Sc.
500 D. m.-Cotton closed dull midaling
uplands l0lsc, middlinG Orleans 1885, sales to-
day SSi bales; net receipts bales, gross 344
| Futures-Aiarket closed quiet with sales of
! 10 4lc, August 10 i46olO l5c, September 40
9 sec, October 5T@s9 SIC. November SOC De-
oember 9 1909 soc. January SOC February
gd2G9 64c, March 910@9 72c, April 1909 Soc,
! May Q S66C9 SSc.
Hubbard, Price & Co. S cotton circular SAYS:
! The general line of trading still shows com
| paratlve uncertain stimulation, and IL is DIM
cult to define the market beyond the results
actually attained Opening point below last
| nlghts close, some buying on the part of the
| bulls sent the market up 3 points. but finding
no support from any quarter, the reaction
wiped out the entire gain and left the close lGD2
points below yesterday S prices
| Weekly net receipts at New York 56l
bales, gross 3,d2q; exports, to Great Britain
| 1904 bales, to France ~, to the continent
500; forwarded l,669 bales; sales 2,5Ss bales;
sales to spinners 1881 bales; stock 5S,S17 bales.
GALVESTON, July 13.-Cotton nominal; middling
l1-l6c.
NORFOLK, July 19.-Cotton steady; middling
10hc.
BALTIMORE, July 1s.-Cotton steady; middling
l03sc.
BosroN, July lS.-Cotton quiet; middling
l09Sc.
WILMINGTON, July 13.- Cotton firm; middling
93ac
PHILADELPHIA July 1S-Cotton firm; middling
9SAc.
New ORLEANS, July 13.-Cotton duh but firm;
middling 9Ac.
MOBILE, July 13.-Cotton firm; middlng
| 1l-16c.
MEMPHIS, July 13-Cotton steady middling
| 10c.
AUGUSTA July 13-Cotton firm; mddlng
| 10c.
CHARLESTON, July 80 Cotton quiet; mddng
| 9s.c.
MONTGOMERY, July ls-Cotton steady; mid
ding 93sc.
NASHVILLE, July 18.-Cotton quiet but steady
| middhng 0lSc.
SELMA, July l3.-Cotton steady; middlng 9l4c
ROME, July 13.-Cotton steady; mddng
NEW YORK, July demonstrated net re-
| cepts for all cotton ports to-day Se6 bales
exports, to Great Britain 30o3 bales. to France
-- bales, to the continent - bales; stock at
| all American ports 23l.llO bales.
PROVISIONS GROCERIES, ETC.
| LIVERPOOL, July IS, noon.-Wheat dull;
| demand poor; holders offer freely; receipts
of wheat for the past three days 26O,0 900 centHls
Of which $1,000 were American. Corn fiat de
mand poor; receipts of American corn for the
| past three days were p. 800 centals-
| NEW YORK, July 3D. noon.-Flour quiet and
| easy Wheat lower Corn lower. Pork steady;
mess $l4 75015 90. Lard stronger at s. 45@
8 az Freights steady
500 p. m.-Flour southern firm closing
steady Wheat heavy; No. red, July delivery
| S71361S1 1880; August delivery S734Q0sSc Corn
steady; No. :, August delivery 54GD54Ac; Sep
TENDER $50 353Sc. Oats 1sc better; No. 2, July
delivery 3514@3516c; August delivery 1880
31hc; No, spot 3Gl1c. Hops unchanged and
quiet. Coffee, spot fair Rio firm at l41sc;
| options 15G25 points lower, closing barely
steady; No. Rio July delivery II l50i1 O5c,
August delivery 10 35dl 10 SOC. Sugar firm and
in fair request fair refining 3 I tec; refined
mould Az 7lSc, standard 7ISc. cSaf fec
| A 73s@71sc, cut loaf and crushed s4c,
powdered 7$4gI1sc, granuated 70l6@'@sc.
Molasses quiet; 500 test zoe. Petroleum steady;
| refined NC Cotton seed oil quiet 42@D43c
| for crude and 1901 for refined Tallow steady
| and very quiet at &c. Potatoes in fair demand
and firm; new Norfolk So 75@3 25 Eggs firm
| domestic fleece 20G136c Pork quiet and un-
changed Beef dull. Cut meats firm Beef
hams steady Middles nominal Lard closing
dull Western steam, on spot S. 10; August
delivery 50 4008 10; city steam So Freights
| quiet,
CHICAGO July 13-Foreign advices were less
| bullish in wheat today, and the fear of what a
| certain heavy operator might do, and the belief
| that he has already disposed of perhaps 1000
900 bushels of his long wheat, caused further
| declines in prices Exporters were also mild
| sellers at New York. To Offset this somewhat
clearances OF wheat and -four AT Atlantic ports
were over 200 900 bushels, with 10000 bushels of
| wheat cleared at New York Theoretical bulls
were busy figuring on the wheat crop of the
world, and yet their courage was not of the
buying sort There was selling of any quantity
of long wheat by bulls, who, but for the rela-
tions of the operator mentioned TO, the pit
would have been increasing their mines. Up to
within ten minutes of the close the bottom
price was just 1c under the closing price last
night. August started at SOC sold at 1880, up
to 1916 down to 7915c, up again 10 79}lc, and
then down to 791sc, 1c lower than last night.
| Ii was a scalper's market all the way down.
September sold at 7934c, down to
79hc. December opened at SIC, sold
at s2Ac. then went lower, with
other futures. August wheat closed Nc under
last night at 794c The closngs for other flu
lures were: July S09sc, September 791gc De
cember S119c, May S6c. Good weather, weak
ness in wheat. and Il fair amount of smuggling
by professional raiders, conspired to take corn
down Il few points to-day. This was made all
the more easy because 1t was known, or
| imagined that country orders early were to
sell The movement of corn was against the
| action of tho market. out inspection here
reached 342 900 bushels. while the rece pts were
| many cars short of the estimate, and only 20
cars of the contract grade came IN, Vessel
| room taken for corn was quite liberal July
| sold at 474c and i776c, closing at l714c. August
| went from 4Sc to 4716c early, back to 473A6p4Sc
later, and before the close went OFF to 479Ac, or
| Ac lower for the day. There was at times
lively interest in oats, but the rauge Of prices
was narrow, and prices went lower with wheat
| and corn. July sold at Bic and down TO 303lc
| at the close August oats ranged from Pc to
| 254c, closing at 25Ac. Year oats closed Mt
| 245sc. Tnere was fair speculative business in
| pork and short ribs. but lard waS quiet and
| steady Arrivals of hogs were light, and 5Gll0c
| higher. At the opening al Increased demand
existed for shorts, and il was suspected that
| one of the big packers wanted to buy, his
| trader was IN the pit bidding. lie only pur-
chased 155 barrels pori'. The price advanced
| l71gc, but after buyers wthdrc $. receded 2Oc
| but became frmer % , ard the close Lard sales
| were but DC above idc figures. Short ribs
were sold freely, but tIe marNet held steady at
50 521S0l7 571R, and clos d at 81 s.. Lard sold
| moderately at So @00'S %, and closed at 81 20.
| Cash quotations were as follows: Flour
| quiet and unchanged. Wheat-No. 2 spring 500
| 48)9sc; No. 2 red sO4c Corn-No 2. 4714c.
| Oats--No. 2, 3l303c. Ness pork, per barrel
BIZ 70 Lard s. I1l66IS 90 Short rib sides
loose 81 5Od,7 3D. Dry sailed shoulders, boxed
| 81 5006 62La. Short clear IS O1US 05. Whisky
| 81 10
Leading futures ranged as follows:
Opening. Eignest. Closing
| No. 9 WHEAr--
July delivery. 81 81 s09s
| Aug delivery. 30 30 70A
sept. delivery. 79N 1914 79Is