The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-03-11

G1O Sc ''S' ~ ~''' august ~ 20
500 D. m.-Market closed quiet; middling up-
lands 10 3-16c, middling Orleans 10 5-l6c; sales
to-day IS bales; net receipts $50 bales. gross
6,235
Futures-Market closed steady, with sales
OF IO9OO bales, as follows: March delivery
9O@9 &c, April 900 10 00c, May 10 09110 10c,
June 10 1910 17c, July 10 21@l10 &c August
10 25@G1O a6c, September 9 sac Soc. October
oa@9 6oc, November 951@9 Sc, December
y 5SD9 5oc, January 6509 &c.
Messrs. Hubbard. Price Co. s cotton circu-
LIVERPOOL was rather disappointing to most
operators here. On the first call here this
market responded to the extent of 7CdS points,
out at This decline great steadiness at noon be-
came apparent, and prices were slowly bid up
again until about 1870 a. m, when, the final
report of the Agricultural Bureau making its
appearance, the market became almost firm.
The Inference drawn by the majority of traders
from this report is that it indicates crop of
between 6,500,000 and 5000, 900, and on this a
Steadler tone became apparent at the close,
whlcn YVES almost firm. The Cotton World
publishes to-day statistics making the total crop
in sight on March /, 1897 $50 bales. Outside of
statistical news, the market has been rather
embarrassing, and partakeS of the usual Satur-
day character
GALVESTON, March 1O-Cotton steady; mid
ding 9Ac; net receipts 1889 bales gross 2,3S9
sales 3O' bales; stock 1896 bales.
NORFOLK, March 10-Cotton quiet middling
934c; net receipts 666 bales, gross 666; sales
l3o baleS stock "a, 100 bales; exports, coaStwise
1862 bales.
BALTIMORE, March 1O-Cotton quiet; mid
ding 10 3-1Gc; net receipts AZ bales, gross 645;
sales none; stock Is l0S bales; exports, to Great
Britain 1895 bales, coastwise 346.
Boston, March 10.-Cotton quiet; middling
1O]4c; net receipts 146 bales, gross SIS; sales
none; stock none.
WILMINGTON March 10-Cotton firm; mid
ding 912c; net receipts POS bales gross 208;
sales none; stock 5,763 bales; exports, coastwiSe
81 bales
LDr,,, n
ding 10 716c; net receipts 100 bales, gross 1S0;
stock l9, 552 bales; exports, to Great Britain ia
bales.
New ORLEANS, March 10.-Cotton dull;
middling 9 11-l6c; net receipts ISL bales, gross
1926 sales 1000 bales; stock 2T7 1856 bales; ex-
ports, to Great Britain $500 bales, to France
1910, coastwse 1887.
MOBILE March -Cotton-Nothing doing;
middling $3.50; net receipts 1872 bales, gross 346
sales - bales; stock %, 535 bales exports coast
wise ,306 bales.
MEMPHIS, March 10.-Cotton quiet; middling
95Sc; receipts 35S bales; shipments / ,971 bales;
sales 1850 bales; stock 101 ,405 bales.
AUGUSTA, March 10-Cotton nominal; middling
s34c; receipts 1S9 bales sales 333 bales.
CHARLESTON, March 0-Cotton-Nothing
doing; middling C; net receipts 848 bales,
gross S4S; sales none; stock 81 074 bales; exports
coastwise 1850 bales.
ATLANTA, March 1O-Cotton firm; middling
914c; recei pts 81 bales
New York, March demonstrated net re-
celDts for all cotton ports to-day 7,122 bales;
exports, to Great Britain 7,470 bales, to Frauce
1910, to the continent 1900; stock at all Ameri-
can ports 166, 6S1 bales.
The total visible supply of cotton for the
world is S5S, SIS bales of which 1902, Ais bales
are American, against 2,9S3,252 and 2,4%, 1852
bales, respectively, last year. Receipts at all
interior towns for the week 30S51 bales. Re
ceipts from plantations 81 $3.50 bales. Crop in
sight, 6,370, 1858 bales
PROVISIONS, GROCERIES, ETC.
LIVERPOOL, March TO- noon-Wheat quiet,
with poor demand; holders offer freely. Corn
dull, with poor demand; new mixed Western Is
712d Pork, prime mess 65s I'd.
New YORK, March 10, noon.-Flour quiet but
firm Wheat dull and lower. Corn better Pork
steady; mess SIS O00l5 p. Lard firm at S. Is.
Freights quiet.
5 p. m.-Flour, Southern quiet but steady
and unchanged; common to fair extra So 400
4 co. good to choice extra 81 10d5 90. Wheat
No red, May delivery 9112Q9l4c; June
90 15-l6Q9. 3-l6c. closing at Ole. Corn-No. ?,
March and April delivery 60S4 @61c, May 60 ?-l6
a 6034c. closing at 60I5 Oats without quotable
c1a1ge; No 2 May delivery 375Sa 379lc, closing
3, 5sc; mixed Western 370t40c Hops closed dull.
Coffee, fair Rio nominal; options SOC 40 points
lower, but fairly active; No. Rio, March de-
livery 906I10 Csc, April 8 6509 soc, May SOC
9 o5c, June 50@29 Zoe. Sugar dull; fair refining
4 13-l6c; molasses grades 40 5sc; refined dull.
Molasses dull; 90 test 2012c. Petroleum firm; re-
seed oil, Csc for crude and 41c for refined.
Tallow steady at 43Sc Hides in moderate re-
quest Potatoes steady. Wool quiet and about
steady; domestic fleece 22037c, pulled 15qS3c,
Texas 130122c. Pork quiet. Beef quiet and
easy. Beef hams dull at SIG 80. Tierced beef
steady Cut meats dull and barely steady.
Lard-Western steam, on spot IS %; March de-
livery 81 81, May s. 9747 0S. Freights duh;
cotton Sod.
CHICAGO March 10.-At the opening this
morning the markets gave evidence of moderate
SteadneSs Operators were not particularly
anxious to trade, and as is usually the case
a
of uneasiness developed and the values OF grain
receded almost steadily; after the first ten min
uteS and before noon declines of sc to &c had
been recorded. Attempts to rally markets were
feeble. The close was rather tame at decline
on prices of yesterday. News from the outside
was not of character to inspire confidence in
the wheat market. Foreign houses were re-
ported to be selling, but trading was mainly by
the local Scalping element who, as rule. were
bearish. The government report tended to in
crease the disposition of operators to sell, and
assisted TO force prices down. About the only
support came from the shorts, who were even
ing up for the week. May wheat opened at
S05kc, sold to S07Sc, broke gradually to S0I5c,
and closed at $3.50 019c. Corn was again dull
to-day: the bulls who were long on corn sue
ceeded in unloading Tuesday, and have since let
the market alone to those who tailed on. ex-
pecting bulge. The latter have been forced
to unload at loss, and the closing prices to-day
were 1c below the outside figures of the week
Trading smaller than on any preceding day
during the week, and almost entirely local
May corn opened at 5234c, sold to 527s153c;
offerings became quite free and prices started
downward. and before 1890 touched SIC. The
government crop report, showing stocks in
farmers hands of 100000 bushels less than a
wear ago, created considerable discussion, and
was construed by some operators as beariSh
argument, as the effect OF the reduction in stock
has they claim been discounted by an advance
of lac over prices current Il year ago. rally
OF sac followed the decline, but the market
closed quiet at 52l461 523sc, decline of sc from
Yesterday S close. Oats were slow and heavy
There was abou1 1sD4c decline In prices
Speculative trading was light and confined to
May. and June, both Of which ranged at 31340
315zt and closed at 3114G13l3sc. The provision
feeling was stronger. Interest conferred mainly
in pork Offerings on speculative account were
fair, while the demand was active. especially on
behalf of local shorts. Prices ruled higher dur
ing the early part of the day, but the feeling
was not quite so strong later and outside figures
were not supported to the close. Receipts of
hogs were quite liberal for the closing day of
the week, and prices ruled lower, which had
some effect on the market during the latter part
of the session. May pork sold at S14 1904 2216
and closed at $14 M. May lard sold az 81 2215
sold at 81 250g7 80 and closed at 81 2715
Cash quotations were as follows: Flour
steady and unchanged. Wheat-No2 spring 7516
G7gc; No . red S1dS2c. Corn No. 2 51Ic
Oats-No 2, 25l66DSll5c. Mess pork Si4 O0G
1905 Lard at 81 65617 6716. Short rib sides
loose 81 M Dry sailed shoulders, boxed So 90
G6 10. Short clear sides, boxed s. 6007 Co.
Whisky 81 u.s.
Leading futures ranged as follows:
Opening. Highest Closing.
No. 2 WHEAT-
A4,,v. lalf