The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-04-12

PHILADELPHIA, April l1.-Cotton dull; mid
ans net Sas receipts 1ene pss RtsG
1,0S2 bales, to the continent 800
NEW ORLEANS, April 11.--Cotton steady; mid
ding sssc; net receipts 2,295 bales, gross
?, 49, sales $50 bales; stock 20, 19l bales:
ports, coastwise {, 996 bales.
MOBILE. April 11.-Cotton quiet; middlng 9l4c;
net receipts II bales, gross II; sales 200 bales;
stock p, 746 bales
MEMPHIS, April I1.-Cotton quiet; middling
93sc; receipts no bales; shipments ,227 bales;
sales $50 bales; stock 5000 bales.
AUGUSTA, April 11.-Cotton dull and nominal;
middling 9lbc; receipts SO bales; sales l21 bales
CHARLESTON, April 11.-Cotton quiet; mid
ding 9-l6c; net receipts S05 bales gross 305;
sales so bales; stock 1886 bales
ATLANTA, April 11.-Cotton quiet; middling
New YORK, April demonstrated net re-
ceipts for all cotton ports to-day 4,641 bales;
exports, to Great Britain 5,120 bales, to the
continent 210O bales; stock at all American
ports 612,74 bales.
PROVISIONS, GROCERIES, ETC.
LIVERPOOL, April II, noon.-Wheat In fair de-
mand and firm; holders offer moderately. Corn
firm; demand good.
New YORK, April II, noon.-Flour quiet but
steady. Wheat lower Corn lower Pork firm;
mess S14 so@15 90. Lard firm at SIS. Old mess
pork S14 000l4 so. Freights quiet.
o:OO p. m.-Flour quiet but firmly held; com
mon to fair extra S. 25Ge5 80, good to choice
| 81 00@5 90. Wheat-cash 1S@lc higher but
slow; options unsettled, closed 14@5sc under
best, speculation fair; No , red, April delivery
| 9196c; May 80 13-16092c. Conceptions closed
weak; spot about 1c better but very quiet; No
| 2, May delivery 69662Jac; June 601a06113c
| Oats shade higher and active, closing weak;
No. 2, April delivery 3,94Q3Sc; May 37t6@3Sc;
NO. spot 31S4Q3Sc; mixed Western 81 GD40c
! Hops i'll fair demand Coffee, spot fair Rio
quiet at 1l1ac; options shade higher but quiet;
No. Rio, April delivery II 4O81l 55c, May 10 30
oil doc. Sugar in fair demand and firm; fair
refining 1880. Molasses steady; so test l9c
Afr-1A OF IAHNs of
for crude, 3S1a@1 3916c for refined. Tallow firm
at 41sc. Eggs weaker; Southern i9@20c. Hides
| in moderate demand Wool quiet and heavy.
Pork firm and in fair demand; mess Sl4 500
is 90 for new. Beef dull Beef hams steady:
Cut meats f1rmer; picked bellies re. Middles
nominal. Lard-Weetern steam at 81 9l1,
closing at S., May delivery 81 1907 95. Freights
| dull; cotton sgd, grain nominal.
CHICAGO. April 11.-This was another field
| day in wheat. The crowd started to play the
| market for a reaction of &c after the bulge Of
| Tuesday. The opening was Ac under the
| closing price, and with realizing on one hand
and covering on the other, the price of May
vibrated for half an hour between 715sc and
| 781sc, but all the while under last night s
closing. One operator turned buyer and an
other attempted to finish covering, and some
| outsiders helped to start the prices upward.
| About II a. M. May touched 1890. From this
| there was a reaction to 777sc. Then came the
second rally about noon, and the price shot up
| 4c in very short time, and touched 1880
| 7S34c. This gave top-heavy feeling, and 1t
| dropped back to 7816c. During the last fifteen
minutes of the morning session a third bulge
came, and the price went to 791Sc. All the i'm
| portant shorts were now supposed to be covered
and the local crowd were loaded up heavily.
| Before the close of the afternoon session wheat
| declined &c, closing at 7S14c, the exact figure
| of twentyfour hours previous. Local receipts
of corn were little larger than expected, and
opening prices were lower. AS in wheat there
was realizing early and prices declined Slightly.
| During the forenoon a reaction came, and corn
| started with wheat hut il at a slower
| pace. The range in May was 1c, closing at 53c.
| There was closing up of the gap between May,
June and July; and June sold at nc under May,
| and July abreast with May; while last night
May was at NC premium over deferred futures.
| There was some unloading, while the market
| was held up in part by the unusual strength in
wheat Oats were traded in briskly, and an adj
| vance of 1sQ14c was scored, but the final price
| for May was 31Ac. There was less excitement.
and a decided falling off in the volume of
| trading in pork. A large part of the shorts
| covered yesterday, hence the demand from that
| source was less urgent. The bulls were selling
all the crowd would take, and caused break
| in May from S14 271a to $13 95. bulge to
| $l4 4219 followed. On up grade it was noticed
| that long stuff came out freely, and the i'm
preston prevailed that the bulls were holding
| the market to enable them to sell more of their
| holding. A recession to Sl4 1913 followed,
closing at that figure, being 15c less than yes
| terdays close. Spectators are still unable to
| tell whether it is deal or squeeze. Lard was
| more active, stronger and advanced 171Sc, and
closed enc less than yesterday. Short ribs ad-
vanced nc, May selling at 81 1907 Is, and
| Cash quotations were as follows: Flour
| firm and unchanged. Wheat-No. 2 spring 756
7sc; No: spring 7216G17611c; No. 2 red S214c.
Corn-No. 2 5sYc % oats-No: 2, 2ss@So18c.
sides, loose s. 1914. Dry sailed shoulders, boxed
| S. 1905 90. Short clear sides, boxed 81 500
80. Whisky 81 10.
Leading futures ranged as follows:
EiOhast