The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-10


Erie. .......... 25Ss Tenn. Coal y Iron. 2716
East Tennessee. $50 Union Pacific. -. 54SS
Lake Shore. ..... 921S n. ]. Central ~ s2lS
L'ville. & NASH. o69S Missouri Pacific. 779s
Memphis q Char. IS Western Union =. 1864
Mobile Ohio. Cotton Oil certifi SllS
Nash & Chatt'a,. II
IBID.
LIVERPOOL, May 9, noon.-Cotton-Free sup
ply offering; middling uplands 7-16d; mid
ding Orleans 5Isd; sales ~ 900 bales for specu-
lation and export 1900 bales; receipts Il 900
bales American.
Futures-Uplands, low middling clause
May and June delivery 23-64ll5 24-64d; June
and July 52464@15 25-64d; July and August
25-64d; August and September 25-64d; Sep
TENDER and October l5-64d; November and
December Sold.
The tenders OF deliveries at to-day's clearings
| amounted to 1,400 bales new dockets.
Up. m.-Sales of the day included $500 bales
| American.
Futures-Uplands, low middng clause, May
delivery 25-64d, sellers; May and June 25-64d.
sellers; June and July 25-64d, buyers; July and
August 26-64d, buyers; August and September
26-o4d. sellers; September and October 16-64d,
sellers; october and November 10-64d. buyers;
| November and December Sod, buyers; Sep
| TENDER 26-64d, sellers. Futures steady.
p m.-Futures: Uplands. low mddlng
clause, May delivery 24-64d. sellers; May and
June 24-64d, sellers; June and July 24-64d,
| buyers; July and August 25-64d buyers; Au-
gust and September 25-64d, sellers; Septem-
| DcI OClODcT l0-O4Q, sellers, OCTOBER ana
November 1o-64d, sellers; November and De-
| cember Sod, sellers; September 25-64s,
| sellers Market closed barely steady.
| MANCHESTER, May 9.-The Guardians COM
| mercial article says: "In most departments
| sales yesterday were unusually light for Tues
| day, and in only few was an average business
reached. Buyers are still unprepared to pay
present prices, except for such small quantities
| as they are obliged to purchase, although the
| increased cost of production conStrains pro-
| ducers to remain firm in spite of lack of en-
| couragement. The state of the market presents
| a struggle over prices conducted with diStribu-
| ting markets, which merchants are trying to
| raise in response to the advance here. The
| conflict is intensified for Asiatic outlets by the
| added difficulty Of dropping rates of exchange.
| There is but little inquiry for India. There have
| been some orders for China, but most of them
| have been impracticabe. The demand for
| other foreign countries is in no case large.
Buyers find difficulty in executing orders. owing
| to insufficient limits. Home distribution is
| somewhat freer, but in view of the arrears in
the spring trade the business done is immaterial.
| Few weighty inquiries were received for export
| yarn yesterday, and the days business was
| composed chiefly of small sales at Friday S
| rates, most of the purchases being for India,
| the continent, and the Mediterranean. The de-
| mand for Glasgow bundled is exceedingly poor,
| Lancashire manufacturers are very cautious
| and are not willing to pay current prices. Few
| cloth departments show any animation. Some
have done steady business in moderate guam
| titles. Producers of India and China staples
| make but poor progress Higher reeds of print
| ing cloth are dull. Orders are expiring more
| rapidly than they are renewed. fair business
has been done in some makes of medium print
| erS and other finishing cloths, but low reed and
| narrow printers are fiat. Heavy goods are in
| quired for rather more actively for the Levant.
| Buyers are placing orders very leisurely,"
| New YORK, May 9, noon.-Cotton steady;
middling uplands l0c, middling Orleans 101sc;
| sales S17 bales
Futures-Market opened steady, with sales as
| follows May delivery &c. June 9 92c; July
| 10 O2c; August 10 O9c; September CSC; October
8 41c
500 D. m.-Market closed steady: midding
| uplands 10c, mddlng Orleans 1016c; sales to-
day 1914 bales; net receipts SO bales, gross 500
| bales.
Futures-Market closed quiet, with sales OF
767O0 bales, as follows: May delivery S36
Q19 SAC, June 890l9 90c. July $500 09c
August 10 06c. September 69Q9 roc October
| 9 42Q9 43c, November 8 $500 34c. December
8 3409 35c. January 94109 42c, February 8 49
| @9 Soc
Messrs. Hubbard. Price & Co. 8 cotton circu-
| lar says; Our market opened at advances OF
| points Immediately after the first call liberal
| selling orders were received, and meeting with
| very little demand, prices quickly declined 5GSf
points for near positions. The depression
could, however, not possibly be called of a de
cided character. Values, after touching 10 03c
| for August, remained steady, and assisted by
some covering recovered points from the
lowest and closed steady at partial decline of
| 1Gl3 points for old, while new crop remained
unchanged Receipts show again decided in
crease against last week and last year Spot
sales to-day include 200 bales for export"
GALVESTON. May 9.-Cotton dull; middling
| 7-16c; net receipts 1856 bales gross 356; sales
none; stock g. 1879 bales.
NORFOLK, May Cotton quiet but firm; mid
ding lS-16c; net receipts L. 29 bales, gross
1,129 sales 81 bales: stock 1866 bales; ex-
| ports, coastwiSe l, 149 bales.
BALTIMORE, May Cotton steady; middllng
10c; net receipts none, gross 491 bales; sales
none; stock 1860 bales; exports, coastwise
| 175 bales
BosroN, May Cotton quiet; mddling 1O1kc
net receipts 4S2 bales, gross 1914; sales none
stock none; exports, to Great Britain 3,071
| bales.
| WILMINGTON, May 9.-Cotton steady; middlinP
91ac; net receipts bales, gross ?; sales none
| stock 1899 bales; exports, coastwise III bales
PHILADELPHIA, May Cotton quiet; mid
ding 104c; net receipts 146 bales, gross 100
stock 1925 bales; exports, coastwise 1,2St
| bales
New ORLEANS, May 9.-Cotton steady; mid
ding 91Ic; net receipts 2, $40 bales, gross 2, 460
sales 1000 bales; stock 100, 453 bales; exports
| to Great Britain 3,662 bales, coastwise 5,S48
MOBILE, May Cotton dull; middline
97-16c; net receipts 46 bales, gross 49, sales COX
bales stock -, 127 bales.
MEMPHIS, May 9NCotton firm; middline
9 9-l6c; receipts ISL bales shipments 1886 bales
sales 300 bales; stock 40 459 bales.
AUGUSTA, May Cotton quiet; middling 95sc
receipts II bales; sales 269 bales.
| CHARLESTON, May 9.-Cotton quiet; mlddling
11-16c; net receipts 113 bales, gross 1l3; sales
rs bales; stock 2,741 bales; exports, coastwse
| 1,02S bales
ATLANTA, May Cotton steady; middling
csc; receipts 20 bales.
New YORK. May 9.-Consolidated net re-
cepts for all cotton ports to-day 6,2Si bales
exports, to Great Britain 9117 bales; stock al
| all American ports 479, 1853 bales.
| PROVISIONS. GROCERIES. ETC.
| LIVERPOOL May 9, noon.-Wheat steady; de
mand fair; holders offer moderately. Corn
dull; demand poor.
NEW YoRK, May 9, noon.-Flour firm Wheat
higher. Corn higher. Pork steady; mess $15 U
ais %. Lard stronger at S. 60. Freights
steady.
and firm. Wheat-cash more or less nominal
| options very feversh, and at times excited on
bad crop reports, closing unsettled; No. cred,
| July 9i160965Ac. Corn A016c lower; 'options
| LD5Sc higher, closing firm at top; No. 2, Nay
delivery 649644c; June delivery 63@634c
Oats L61Sc better on options; cash firm; No. :,
| May delivery 3S14c, June 33I6Qt3S34c. Hops
steady Coffee spot fair Rio firm at l54c;
| options active and higher: No. Z Rio, May de
livery ~ 500 10 30c; June delivery II 206019 Coo
| July II 35Ml1 Csc. Sugar duh; fair refining
| l3-16c; refined quiet. Molasses quiet and easy
| so test 2O0l2O12c. Petroleum flrm; refined ~
| 6126c at all ports. Cotton soed oil quiet at
| CSC for crude and 43c for refined. TaloY duh
| and easier at 498c. Eggs firm; Southern 100
| l3l5c. Hides in light request. Wool closed
unchanged. Pork firm; Sl5 0O@i5 % for new,
Si4 25D14 80 for old. Beef dull. Beef hams
dull. Cut meats firm; picked shoulders 1850
| nc. Middles dull. Lard-Western steam, on
spot IS 60. May delivery s. 81, June 81 40
% l.tV.N