The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-08-30


February and March 15-64d, sellers; Septem-
Der S6-e4d. buyers. Market steady.
400 p MIXTURES: Uplands. low niddling
clause, August delivery Al SD, sellers; August
and September 36-64d, sellers; September and
October 22;e4d, sellers; October and November
l6-04d, sellers; November and December
el4-o4d, sellers; December and January lS.64d,
buyers; January and February l364d, buyers;
February and March l464d, sellers; Septern-
steady
The poll demanded on the question of the
adoption by the Cotton Association of resolu.
tons providing that only official quotations or
futures shall be for contracts with good ordi-
nary clause resulted in defeat of the resolution.
Inc present basis, therefore, remains unaltered
MANCHESTER, Aug 29.-The Gudrdidn SAYS;
An average business was done yesterday in a
few departments, but altogether the transac-
tlons did not reach an ordinary Tuesday bust
ness Fair orders for India are in hand. As a
rule they are at impracticable prices though
some business has been done for distant deuv-
cry at full prices. There is little inquiry for
emma and transactions have been moderate.
New YoRK, Aug %, noon.-Cotton firm;
mtddling uplands 10&c, middling Orlesns 1016c;
sales 2O5 bales.
Futures-The market opened steady with
sales as follows: August delivery 10 76c; Sep
TENDER 54c October SIC; November 4c; De-
cember 45c; January 53c.
800 p. m.-Cotton closed quiet; middling
uplands 1o2sc, middling Orleans lie; sales TO-
day 10 bales; net receipts 42 bales, gross l66.
FutuRes-Market closed quiet but steady, with
sales of 1920 bales, as follows: August de-
livery II O5c. September 8 5Sc. October 5gc,
November and December 0 44c, January 8 SIC,
February 8 60c March CSC, April 8 &c, May
SAC, June 92c, July CSC.
Hubbard. Price 4 Co. g cotton circular says:
Liverpool this morning was reported about
point up and with tendency to firmneSs, which
found sympathy in our opening prices. The
wild fluctuations of August are without sgnifi-
cance and were simply a repetition of previous
movements of that sensational position. The
iurhp inf ftain loNrx 40 and
trading in August must cease at noon to-mor-
row, further interesting developments must be
crowded into very short space of time. Con-
trary to expectation, the number of September
notices issued to-day was very small, and the
result has been more confident feeling in that
months options, and the mills which have
taken advantage of high prices for August to
dispose of the surplus stocks will probably be
disappointed in getting them back on basis Of
to-day's quotations for September News by
wire from Texas reports that much-needed rain
has come in superabundance, and that consid-
cradle damage has been already wrought by too
much of good thing. The movement in the
new crop is as yet very light, and such of the
cotton as Is coming forward is reported of
very inferior grade. The high freight rate of
14d to Liverpool now quoted is a considerable
drawback to the export business.
GALVESTON, Aug. 29.-CotJon firm; middling
9l6c; net receipts III bales, gross ,l7 sales
624 bales; stock 5,266 bales.
NORFOLK, Aug. 29.-Cotton quiet; middling
9a4c; net receipts bales, gross Z; sales IS
bales; stock 1876 bales; exports, coastwise II
bales
ding l014c; net receipts none, gross II bales;
sales none; stock 1893 bales.
BosToN, Aug. 20.-Cotton quiet; middling
1890; net receipts - bales gross As; sales none;
stock none; exports, to Great Britain leo bales.
WILMINGTON, Aug. 29.-Cotton quiet; mid
ding 94c; net receipts 81 bales gross 81; sales
none; stock 1879 bales.
PHILADELPHIA, Aug. 29.-Cotton dull; mid
XII nat "a l.
stock 235 bales.
NEW ORLEANS, Aug. 29.-Cotton dull and
nominal; middling 91sc; net receipts "a bales,
gross 321 sales 20 bales; stock Is, 955 bales;
ports, coastwise / ,095 bales
MOBILE, Aug. 20.-COtton quiet; middling
976c; net receipts 109 bales, gross 283; sales 80
bales; stock ,2s9 bales; exports, coastwise 437
bales
MEMPHIS, Aug. 29.-Cotton steady; middling
95Ac; receipts II bales; shipments bales;
sales so bales; stock 1919 bales.
AUGUSTA, Aug. 29.-Cotton steady; middling
9a5c; receipts IS bales; sales 8, bales.
CHARLESTON, Aug 29.-Cotton steady: mid
ding $3.50; net receipts 25S bales. gross 25S
(all news sales $50 bales: stock 1, 092 bales.
ATLANTA, Aug. 29.-Cotton quiet; middling
914c; receipts bales.
New YORK, Aug 29.-Consolidated net re-
oeipts for all cotton ports to-day 1889 bales;
exports, to Great Britain {, 231 bales to the
continent 423; stock at all American ports
49,, 551 bales.
PROVISIONS GROCERIES,, ETC
LIVERPOOL Aug. 30, noon.-Wheat quiet;
demand fallen off; holders offer moderately.
Corn in fair demand and steady.
NEW YORK, Aug. 30, noon.-Flour quiet but
steady. Wheat firm and higher Corn quiet
Pork steady; mess s15 25@l5 rs, Lard dull and
weak at 80 7113. Old mess pork SD 25G11 Ia so.
Freights strong.
500 p. m.-Southern flour firmer. Wheat Ia
@11Rc lower on spot and very quiet; options
less active and 14Gl9Sc lower; No 2 red 81 OO6
1 Il. nharh aliv
Der delivery 81 O05@l1 021s. Corn-spot active;
options fairly active No 3 August delivery
53zsc; September delivery 535S95414c; october
delivery 546t545sc Oats-spot moderately
active and 16@ Nc higher, closing easier with
advance lost; options fairly active; No. 2 Au-
gust delivery 39040c; September delivery 30Is
3os4c; october delivery 303sQ 3o1sc. Hops strong
and moderately active. Coffee, August delivery
II 15011 Csc, Sept smber delivery 10 95@511 05c;
spot Rio barely steady but quiet, fair cargoes
at 141401416c. Hops firm and quiet Sugar
fair refining 5-16c; refined firm and in active
demand Molasses nominal Petroleum firm
and in good demand; refined 1850. Cotton
seed oil dull. Tallow stronger and scarce, prime
city &c. Potatoes in fair demand and steady.
Hides stronger. Wool in moderate demand
and strong; domestic fleece 2SGD34c, pulled 200
3oc Texas 1SCp22c. Pork firm but quiet Beef
quiet but steady. Beef hams slow and easy.
fierce beef quiet but steady; city extra India
picked shoulders 735Gl7szc; hams 12,@61I3c.
Middles strong; short clear 914c. Lard-Western
steam 50 50B9 IS; city steam 60 so; options
higher; August delivery so 80; September de-
livery SO 62Ql0'72; refined firmer Freights
stronger; cotton per steam Ad, grain per steam
cd.
CHICAGO, Aug. 9e.-Wheat was again handled
on big scale The range of prices was broad
The outcome of the day was as much in doubt
at ~ O'Clock as it was thirty minutes after the
opening. The action of the market was an
opening at much lower figures, an advance of
about c on opening buying orders a decline OF
a4c on realizing, then an advance of i1kc, then
to 134c, which gave the top figures OF the day
from which there was a general falling off in
prices which left futures on the whole under
the closing prices Of yesterday There was little
change in the tone of cables. The most sensa-
tonal talked of were smut dust and floods over
the other side while foreign markets were firm
and prices somewhat higher. They did not
warrant such advices. In the northwest the
weather was clear and warm, with conflicting
dispatches and letters regarding the damage
already done. September sold at 923ac up TO
93lsc, back to q214c, up TO 94c and back to 92]4c
near the close The close was weak and the
price was NO 1c under yesterday. There was
little in corn. Prices were lower, but the re-
cepts fell short Of the estimate. and unusual
buying in wheat early helped corn. Oats were
rather firmer, but without changes of impOr-
lance. Pork lost some of the ground gained
recently through lack Of any particular bull
features, and as holders were failing 10 dispose
of their property at market prices, declined for
lack of support. October pork opened I0c
lower than last night, but advanced a little nm
der buying by Hutchinson. Subsequently prices
saggsd of until il sold to Sil u. closing at
S14 %. This WIS loss on near futures OF l7J6
@2919c, though January closed 2Isc higher than
yesterday. Ribs advanced 56l 0c, offerings
being well taken. Lard ruled quiet, closing a
little lower for nearby months.
Cash quotations were as follows: Flour