The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-03-17
COTTON.


NEW YoRK, March l6--Cotton steady; mid
ding uplands l05sc, middling Orleans 1014c;
sales 4S bales
Futurcs-NIarket closed easy, with sales os
follows: March delivery S5@9 SIC, April 9S
az 94c, May 10 0S@ o Ole, June 10 li65l0 l2c.
July 10 @l0 47c, August 10 2l0 10 &c, Septem.
Der 9S,@9 Soc. october $4,000 sc, November
3 5l@9 5ec, December 5SG9 60c, January y 10
@9 &C.
Messrs. Hubbard. Price & Co. S cotton circu-
lar of to-day says: THE market opened at an
improvement of SOS points, which during the
day was increased until August sold II points
over the close on Wednesday evening. This re
covery of Wednesdays decline, which was the
result purely of New York isolated condition,
was natural to-day, but with this accomplished
operators ere somewhat in the dark as TO the
probable future course of prices. "
GALVESTON, March 16-Cotton dull; middling
9 ll-lCc.
BALTIMORE, March ie.-Cotton quiet but
STEADY; middbpg l0]sc,
BosToN, March l6-Nothing doing.
PHILADELPHIA, March 16,-Cotton quiet; mid
ding 10 1-16c.
NEW ORLEANS March l6.--Cotton quiet and
easy, middlmg 99sc.
MEMPHIS, March l6-Cotton quiet and easy;
middling 9-lsc.
AuGusrA, March I6-Cotton steady; middling
9Slc.
CHARLESTON March 10 Cotton-Nothing do
mEi mlddhug c.
MONTGOMERY. March 16.-Cotton unchanged
Macon, MAJ eli l6--Cotton dull; middling
9l4c.
COLUMBUS, March 16.-Cotton steady; middling
9l4c.
ding 9ssc.
SELMA, March 10 Cotton quiet mlddling o}4c
ROME, March 10 Cotton quiet; mddling 81 ec.
NEW YoRK, March lo.-Consolidated net re-
CENTS for all cotton ports to-day 1854 bales;
exports TO Great Britain 2A4 bales, to the con
tinent 49, 067 bales; stock at all American ports
G64,y51 bales. .D
PRovIsIoNs GROCERIES, ETC
New York, March l6.-Flour in moderate de
mand and prices steady Wheat-optlons ruled
firm at the outset, and some deliveries show a
slight gau, subsequently there was more of
pressure to sell, leading to a break of SS@9sc,
closing steady at laGoLc recovery, speculation
rately active export inquiry No. spring nomi-
nal al S9lat; No red April delivery 900mlac;
July delivery Ssj4@S9c, closing soc; August s13{
QSS3sc, closing S,tsc. Conceptions opened
&6114c higher, and later on lost increase closing
steady with less doing; cash quiet but steadily
held; No. ), March nominal at 60c; April delivery
j9zac; May %, l-i6G59Jsc, closing b01sc; June
5S9s6l5S3sc, closing 5S9sc Oats -optiops a
shade lower; cash steady but quiet mixed
Western 39dDI1c Hops steady but quiet Coffee
spot fair Rio firm at l31ac; options more active
April 6oGDl0 4>c, May 55GD10 3oc, June 800
10 40c, July 35G10 DC. Sugar, raw dull and
nominal; tair refining quoted at 434@4 ID i6c;
refined tirm---C 5SsD51sc, extra 59sG5 IL -l6c
Wnlte extra y Oo1WLO l3-lbC, yeuOW D5lC, OH "A
514Q16c, mould A &c, & andard A 6I4c, confec-
toners 69sc, cut loaf and crushed 1Ac
powdered &c, graduated 6a4c cubes &c Mo
iasses quiet; 30 test 201Sc. Petroleum. refined
firm. Cotton seed oil quiet at 34190135c for
crude and Ale for refined THllow firm at 4SSc
Wool steady; demand light; domestic fleece 22G0
SIC, pulled lSdi0c, Texas lS@22c Pork less
active but STEADY; mess $l4 rs tl16 90 old $I6 90
OILS % new Beef dull. Cut meats quiet but
firm; picked bellies TIC Middles neglected
Lard more active; Western steam, on spot
s. 97l6, March delivery s. 9347 90, April 81 80
al az; May 81 9U617 U.s.
CHICAGO, March 16.-There was some of the
old time ring on the floor of the Board of Trade
this morning. Toe big wheat pit was filled
with anx Gus and active operators. The tele-
graph companies reported more business than
or three months. There was a downward
tendency early for both corn and provision ).
There no new reason for the weakness,
except that a ma jorit' OF the small orders were
to sell and this gdve tono to the markets. In
the wheat market tradin: was OF fairly active
character and the market was weak from the
opening to tine close, witu closing prices but a
shade better than the lowest of the session, and
about NC under the closing price last night.
There was free selling by local longs, and
numerous small holdings outside were ordered
sold. The market showed no ralying strength.
May sold between $3.50 1855, closing at 1880.
Corn WAS less weat apparently than wheat, but
| it was also less active, except few sales early
over opening prices The action was down
| ward, but the range was so narrow that at the
II
| During the session Hutchinson was buyer OF
,une and July, and this, il was thought, checked
toe decline. May opened at 5I36c, sold at 5lssc,
and down to 509sc, closing at 511sc, There was
| less than Lic range in the speculative price OF
| oats and ira sactions were light. May sold al
303Sc AID 3lGe3l1sc, closing at Bic. Provisions
were depressed by larger receipts and lower
| prices OF hogs and the decline in wheat a
| moderate volume of business was transacted
within narrow range, and, considering all
| depressing factors brought to bear, values held
! up surprisingly well. Nav pork was quiet, and
sold at Sll 050l4 IN and closed at $1l 10.
| Lard was offered more freely, and trading in
| creased, but buying proved inadequate. and
| prices declined 5GGil6c May selling from 81 671a
| to 81 62lS AMI cDs.'d at the bottom. Short ribs
we're ia riy active 1000, 900 pounds were sold by
! operators ard the bulk bought by one trader,
which was short. May touched 81 25 e.rly, but
| broke to 81 no and closed ut s. 22l6.
Cash quotations were as follows: Flour
slow; prices steady and unchanged. Wheat
| No = spring 1356fL11r; No. . red sl1Sc. Corn
| No. 2, Soc. Oats-No =, 27166l3Oc. Mess pork
! sl4 Lard at 81 60. Short rib sides, loose 81 10.
| Dry sailed shoulders, boxed So 00D6 TO- Short
| clear sides, boxed g. - al 10.
Leading futures ranged as follows:
NN.