The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-02-12


10 5S@l0 SOC, March 10 f40l0 CSC April 10 700
10 tic, May 10 7660l0 76c. June q sea 10 sac.
july ~ $50 10 Sic, August 10 S60l0 SIC, Septem
Der III $50 10 39c, October 10 03G 10 O4c Novem-
0 99c.
Green & Co.'S report on cotton futures says:
lhere was practically no market to-day; GER
t2inly, nothing calculated to attract new deals
upon either side, and business has been confined
ehtrely 10 covering on yesterdays sales and
general settling upon narrow margin deals.
Al hrst the tone was little soft, but after a
ueHclJ,ln the New Orleans stock there was a
frmer feeling, on which sales advanced points
over last evening and there closed, but without
much strength and apparently held up by main
force. The loss of the New Orleans stock was
also subsequently balanced by the increase of
exports at Brunswick to about the same
amount. Generally the position was stupid and
fiat"
GALVESTON, Feb 11-Cotton firm; middhng
91sc; net receipts ,429 bales gross 1,429: sales
?, l45 bales; stock 81 800 bales.
NORFOLK, Feb. l1.-Cotton steady; middling
10 lice; net receipts 1,04l bales, gross 1,041 ;
sales 3l9 bales stock 80 S97 bales; exports coast
wise 563 bales
BALTIMORE, Feb. ll-Cotton nominal; middling
lO1hc net receipts none, gross 1893 bales; sales
none; stock 1870 bales; sales to spnnerS -
bales; exports, coastwiSe IS bales.
Boston, Feb. ll.-Cotton quiet; middling 10a4c;
net receipts 14l bales, gross 700; sales none;
stock none; exports, to Great Britain 3,054 bales
WILMINGTON, Feb. 1l.--Cotton firm middling
Zoe; net receipts g. LOG bales, gross s. 1906; sales
none; stock IA, 2S9 bales; exports, coastwise 751
bales
PHILADELPHIA, Feb 1t-Cotton quiet; mid
ding l0S4c net receipts IS bales gross 236; stock
49, bales; exports to the continent 100 bales.
NEW ORLEANS Feb. ll.-Cotton firm; mid
ding l3-l6c; net receipts 4.S36 bales, gross
5,2l5; sales 1850 bales; stock (corrected) 327 1872
bales exports, to Great Britain 4,623 bales coast
wise 1855
1316c; net receipts 500 bales, gross S41;
sales 500 bales; stock 39,61S balasS exports,
coastwise 442 bales
=, MEMPHIS. Feb, 11,-Cotton firm; middling
sales 1000 bales; stock 122, 1926 bales.
AUGUSTA, Feb. 1l.-Cotton steady; middling
15-16c; receipts 1870 bales; sales SsS bales.
CHARLESTON, Feb. 11.--Cotton quiet ;smiddling
sales 100 bales; stock "a, 30S bales; exports, to
Great Britain 1866 bales.
ATLANTA, Feb. 11.-Cotton quiet; middling
1850; receipts 113 bales.
New YORK, Feb. demonstrated net receipts
for all cotton ports to-day 1854 bales; exports,
to Great Britain IL, 643 bales, to the continent
100 bales; stock at all American ports s76,7 $50
bales.
The total visible supply of cotton for the
world is 2969,62S bales of which 2,497, 1928 bales
are American, against 3.s63,5S1 and 2737 ,061
bales, respectively, last year. Receipts at all
interior towns for the week ~ 704 bales. Re-
ceipts from plantations SO 600 bales. Crop in
sight, 6059,9s2 bales.
Cotton movement for the week and since
Sept. /, with comparison with the same periods
last year, according to returns to the Journal
Of Commerce to Feb. /, were as follows: Re
ceipts at interior towns 1891 bales, against
$3.50 last year; shipments SO, 546 bales against
62271 last year; stocks remaining were 1913, 1876
bales, compared with 345, 800 for the same time
in 1887; receipts at the pores were 1858 for the
week, against III, S05 for the same week last
year; deliveries from plantations were S6,463
bales, against 101, 1858 last year. and total de-
lverieS from plantations since Sept. amount
ing to 5,037 l5l bales, against ASA, OBJ for the
m N "a CT n ~
and total crop in sight to Feb. 10 amounting to
6,104.564, against 5,702 S65 same time last year,
or an increase of 401, 500.
PROVISIONS. GROCERIES. ETC.
LIVERPOOL, Feb. H. 1890 p. m.-wheat quiet
but steady, with poor demand; holders offer
moderately. Corn quiet; demand poor
NEW YORK, Feb. II, noon.-Flour quiet but
steady. Wheat higher. Corn stronger. Pork
quiet but steady; mess S150G15 so. Lard steady
at SIS 009S OF. Freights steady.
500 D. m.-Flour, Southern quiet but steady.
Wheat closed firm, with speculation rather
tame; spot quiet and held firmly; No. 2 red
February delivery SS249SS3sc, May 9112@91ss,
$3.50, May 5914G 599s, closing at 5919c Oats Is
@4c higher; No. ?, February and March deliv
cry nominal at 3S14c, May Ss1s@3s3sc, closing
37B41c. Hops steady Coffee, fair Rio, on
spot quiet at &c., options opened 10 points higher
and closed weak, with advance lost; No Rio,
12 65c, May 1e 25@l2 45c Sugar dull and
nominal; refined dull. MoIasses steady. Cotton
seed oil-36@D31c for crude, 40@41c for refined.
Hides steady but quiet Wool firm; domestic
Pork steady Beef dull. Beef hams steady
Tierced beef quiet Cut meats quiet and
changed; picked bellies 712@75sc. Mddes dull.
Lard without change of importance ruling
steady and quiet; June delivery IS OF. Freights
dull.
CHICAGO, Feb 1.-THE condition of things
to-day on Change showed more clearly than
ever the absence of outside business and the
overshadowing influence of Hutchinson. He
had brokers in the wheat and corn pits and
established the prices at which he would either
buy sell all the crowd desired. The week
closed with prices on wheat lower and the mar
ket duler than seven days ago. Compared with
last Saturday, the price of May wheat was this
morning NC lower, corn 11sc and oats 1850
lower. There was plenty of gossiping, but little
trading in wheat to-day. May opened Nc higher
at Sic, moved up to 6114c during the first hour
and kept between that figure and S07sc during
the balance of the session closing finally at
S11kc. The firmness was largely due to scalpers,
who were evening up their trades for the week.
The true account of operations in corn to-day
consists in saying that Hutchinson was ready to
buy any amount at 513Rc and ready to sell any
amount at 51150515sc. These figures, there
fore formed the range of prices for the session.
There was one who cared to venture outside
the pegs, and business was narrow, light, and
scalpy, in which only a few took part. May
opened at 5136c, sold as stated between that
figure and 515sc and closed at 513sc. Interest in
oats was better than in corn, as they were not
pegged. May sold at 3116@3134c, closing at
315ac. Speculation in provisions was on re-
duced scale and almost entirely local, there
being little in the daily variations to induce out
siders to send in fresh orders to either buy or
sell. Arrivals of hogs were up to expectations
and prices were maintained. Packing in Chi
cago since Nov. is ,552, 900 hogs, decrease of
81 600 hogs from the same date last year. Lard
ranged at S. 8007 IS and closed at 81 30. de-
clines of 2l5c from yesterday. Pork remained
steady at S14 32IbG714 40 May closing at 81 35
Short ribs were slow at 81 601aQ17 673 and closed
at 81 60, a decline of SC. better demand ex-
listed for other meats and sales showed a fair
increase.
Cash quotations were as follows: Wheat
No ? spring 7514c, No. spring wheat &C.,
No. 2 red 7816c. Corn-No. 2, 4719c. Oats-No
2 CSC. Mess pork S14 10014 1915 Lard 81 g.
Short rib sides, loose 81 4216. Dry sailed Shout,
ders, boxed $500 05. Short clear sides, boxed
S6 00(3S0 o.
Leading futures ranged as follows:
Opening. Highest. Closing.
No. 2 WHEAT
March delivery. 1928 75a4 a519
May delivery. 81 SIG Sl0ol15
Corn. No. q
March delivery. 46& an a.
May delivery. 513s 5l9s 3lss
OATS, No. p
May delivery. 31eS 3lN 5l98
June delivery. 81 ~ 5It5
Nucc popR-