The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-08-29

Der So-04d. buyers. The market closed firm.
middns U uasods i,c ddnr orlsans
sales 100 bales.
Futures--Market opened quiet but steady, with
sales as follows: August delivery 10 9ac; Sep
TENDER Doc: October Sc; November 46c; De-
cember 40c; January bic.
$500 p. m.-Cotton closed quiet: middlipg
uplands l0$4c, middlng Orleans lO15c; sales to-
day Ia bales; net receipts 629 bales, gross 403.
Futures-The market closed steady, with
sales OF 300 bales, as follows: August de-
livery 10 5000 75c, September $500 54c,
October 8 5000 5Sc, November and December
s4lc, March 6S09 69c, April 9T119 sc, May
S4(D9 soc, June $500 94c, July 10 000l0 orc
Hubbard. Price & Co. S cotton circular says;
IN response TO firmer Liverpool market this
morning, which showed an advance of from
one to two points, our market opened better
and ia the main continued strong until the lat
ter part of the day, and closed steady The
chief feature OF interest has been the conspicu-
GUS weakness of September as compared WITH
the latter positions, fear of heavy notices to-
morrow being the cause attributed. We look
forward with considerable interest to what may
tranSplre IN this connection. But two more
days are left for the clique in which to wind up
the Angus deal, and the course of this position
to-day, which dropped 10 points from the open
ing, gives no indication of what they may de-
eide TO do. 1t would seem but fitting, after so
long and interesting an exhibition. that the
last appearance of August should be made as
brilliant as possible From Liverpool to-day
u
thirds vote of tho Exchange the rules have been
modified to admit of delivery ON contract there
OF cotton, nothing below good ordinary instead
of good middlins, as heretofore. This inteli-
gence should be received with qualification by
shippers here, as widening TO considerable
extent the latitude of their shipments to that
market "
GALVESTON, Aug. 2s.-Cotton firm; middling
116o; net receipts 20SS bales, gross 0SS; sales
5l9 bales; stock 5,0S9 bales.
NORFOLK, Aug. 2S.-Cctton quiet; middling
9s4c; net receipts 10 bales, gross 10 Qncluding
l new; sales "a bales; stock 14S bales; exports,
coastwise A bales
BALTIMORE, Aug. 2S.-Cotton nominal; mid
ding l0lhc; net receipts none, gross none sales
40 bales; stock 1,0O6 bales; exports, coastwise
40 bales
BosroS, Aug. 2s-Cotton quiet; middling
9ssc; net receipts - bales, gross -; sales none;
stock none.
wnMlSoroN, Aug as.-Cotton quiet mid
ding 94c; net receipts bales, gross s.; sales
none; stock S5 bales.
PHILADELPHIA, Aug 2s.-Cotton dull; mid
ding 10 15-16c; net receipts bales, gross 8;
stock 3, pa bales; exports, coastwise 1893 bales
NEW ORLEANS, Aug. 2S.--Cotton quiet;
middling 91sc; net receipts 100 bales, gross 994;
sales 525 bales; stock 1923 bales
MOBILE, Aug. 2S.-Cotton nominal middling
95Bc; net receipts 1874 Including 80 new bales,
gross 49,; sales = bales; stock 1853 bales; ex-
ports, coastwise 1856 bales
MEMPHIS, Aug. 2S.-Cotton steady; middling
97Sc; receipts as bales; shipments - bales
D,
AUGUSTA, Aug. 29.-Cotton steady; mlddling
934c; receipts 81 bales; sales 80 bales.
CHARLESTON, Aug. 2s.-Cotton steady; mid
ding 99sc; net receipts 1873 bales, gross 1888
(all news sales 200 bales stock 834 bales.
ATLANTA, Aug. 2s.-Cotton quiet; middling
914c; receipts bales.
NEW YORK, Aug. 2s.-Consoidated net re-
ceiDts for all cotton ports to-day 1888 bales;
exports, to Great Britain 79S bales. to the
continent -; stock at all American ports
1878 bales.
PROVISIONS GROCERIES. ETC.
LIVERPOOL, Aug. 26, noou.-Wheat strong; de-
mand good; holders offer moderately; receipts of
wheat for the past three days were 10000
dull; demand poor; new mixed Western As 1s4d;
receipts of American corn for the past three
days were 49, 800 centas.
NEW YoRK, Aug. IS, noon.-Flour firmer and
strong. Wheat active and quiet Corn higher
and quiet Pork firm; mess S15 25@lI5 IS Lard
firIner at 80 75Q977 Old mess pork $14 ESQ
ID so. Freights Iirner.
500 p. m.-Southern -four strong. Wheat Ia
0134c higher, closing irregular; options very
active and higher; No. 2 red, August delivery
81 00sS0l Oh; September delivery ST. O0s3@
0l18; October delivery 81 01A@1 OF. Corn q
@1c higher; options higher; No. q August de-
october. delivery 54@b414c, Oats higher; op-
tons, August %16c higher; other months A(AMc
higher; No. 2, August delivery 3o0391Ac; Sep
TENDER te delivery 2sN@so14c; No 9, spot sz140
II zoe, September delivery II 00@l1 15c; spot
Rio quiet at 14lkc. Hops firm and quiet. Sugar
easier; fair refining b-16c refined very firm.
Moiasses nominal. Petroleum firm and in fair
demand; refined 75sc. Cotton seed oil dull
Tallow scarce; prime city 45sc. Hides firm:
strong; domestic fleece 2S@3ic, pulled 2O0SGc
Texas 13Cl22c. Pork strong. Beef quiet but
steady. Beef hams inactive. Drief beef dull
Cut meats quiet Middles firm. Lard higher;
Western steam SO rs, closing 50 So; city steam
SO 20; options advanced - points and closed
strong; August delivery 80 IS, closing at 80 so;
September delivery 80 5000 &c. Freights firm.
CHICAGO Aug 2S-It was no surprise to
operators or to the country that the speculative
markets everywhere and for nearly all grains
and products opened higher and excited this
morning. This was generally expected in
wheat and this expectation added to the ad-
vance which the conditions justified Opening
prices were 11ec higher at Duluth, l34c at Mil
waukee and st. Louis, 116c here, and l1861214c
at New York. In this market September sold
from 913sc up to 9214c, down TO 9156c and then
with rush up to 94c But September was con-
trolled by one man largely, and December was
better index of the actual condition. That
future opened &c higher at 9234c, and sold at
94c at the same time with September. All this
was the result of the first hour on change. At
noon there was an advance from the lowest
points yesterday of Sc in September and &C in
December. The action of tho market al! day
was exceptional. Not only were the advances
sharp and strong but the volume of trade was
enormous. Leading features of renewed
strength and activity were additional evidences
of shortage in the worlds crop. Wet weather
abroad and cables stronger than ever. Not less
than ten or twenty big houses were sellers in
the opening bulge. Wheat was dumped in large
quantities IL caused only a temporary reac-
tion, and many of the same houses bought back
wheat for them selves and customers at 1DQn31c
advance d few minutes later While the news
from abroad was so bulljSh, the northwest also
kept its usual number of damage crop dis
patches. The wheat pit was howlIng wild and
the strength was caught somewhat by the other
pits. September sold 119c higher at the open
ing at 9lt5c and up TO 94lSa, with a decided re-
action near the close. October sold up to 93ISc
and December 941sc. There was 4 decided re-
action from outside prices In wheat few min
utes before tho close, and the trade scarcely
knew what to expect. At the very last, how
ever, there was q steadier feeling, and closing
sales re about 1lsc under top figures and firm
2l6a13c over last night. Corn Of itself would
have been a dull and heavy market, 10 doubt
but with the cid of the buying rage in wheat
the floor, there was an advance OF over 1c at one
time over last nights figures September
opened s6c higher at 44l6c, sold up to Acc, back
to 4434c, up to 45s5c, and closed at 4t2c, or &c
higher for the day. Oats were quiet but with q
small advance for futures under the influence
of wheat and corn, closing easier and slightly
lower. There was a further small gain in pork
and lard, and ribs closing the same as yesterday,
save January options, which advanced 7l5c
There were only $500 hogs at the yards, and
with such wheat market was Witnessed in
the neghboring pit. provisions were strong
most Of the time, though fluctuations were rot
wide.
Cash quotations were as follows: Flour
firm Wheat-No. spring o2IRc: No 9 red 94c
Corn-Eo. 4, s4jic. Oats-No. ., 23s6c. Mess
pork, per barrel, ga HI54Ll4} 90 Lerd 80 4216
Gr9 As. Short rib sides es 45608 47L5 Shoulders
a,a 40 lss a.Y- rf..-