The morning news., 1888-05-20

crop in the Atlantic States from cold weather.
The first sales were made at an advance of one
pollll but the demand TO cover improved values
points further for the summer months with q
nervous 1eehng prevailing. Shortly before the
close last week receipts at Newport News were
posted as 1000 bales when they had been esti-
mated at 1909, thus adding 1000 bales to its
COTTON movement. This unexpected increase
inSed quick reaction, prices declining points
Nl.nm few minutes. Closing prices compared
with yesterday show an advance of points on
olG and point on new crop months" ="
tALVEsToN, May l9.-Corton quiet; middling
,loc' net receipts noae, gross none; sales 25
bales stock 6,1lS bales
NORFOLK, May l9.-Cotton steady: middllng
SAc: net receipts 257 bales, gross 257; sales
l55 bales: stock 16,419 bales; exports. coast
wise 3lS bales.
BALTIMORE, May 19-Cotton dull; middling
lOc; net receipts none, gross sos bales sales
none; stock II. .9l4 bales
Boston, May 19.-Cotton quiet; middling 101xc;
stock nons
WILMINGTON May 19-Cotton quiet; middling
V9Sc; net receipts bales, gross 8; sales none;
stock 1854 bales; exports, coastwise ia bales
PHILADELPHIA, May 19-Cotton dull; mid
ding lO4c; net receipts 73 bales, gross 73;
stock 15,2Sl bales
New ORLEANS, May 19-Cotton steady: mid
ding 916c; net receipts 1904 bales, gross $50;
sales 2,5CO bales; stock 1SS,I07 bales exports
coastwise l72 bales, to the continent 5,02S bales
MOBILE, May 19.-Cotton quiet; middling
9SAc; net receipts 1916 bales, gross l4o sales 800
bales; stock l2,S45 bales; exports. coastwise $50
bales.
MEMPHIS, May 19.-Cotton quiet but steady;
middling 9-16c; receipts 67 bales; shipments
], ,54 bales; sales $40 bales; stock 30 97I bales:
to Spinners $50 bales.
AUGUSTA, May 19.-Cotton dull; middling
$3.50: receipts Ill bales; sales 335 bales.
CHARLESTON, May 19.-Cotton quiet middling
11-16c; net receipts 479 bales, gross 479; sales
none; stock $3.50 bales; exports coastwise 9S5
bales
ATIANrA Nav 10 -Cottou staadv. r,idd,;r,x
91kc; receipts IS bales.
New YoaK. May 19.-Consolidated net re-
celpts for all cotton ports to-day 3,261 bales;
exports, to Great Britain - bales to the
continent 502S bales; stock at all American
ports 43S $40 bales
The total visible supply of cotton for the
world is @O9o, 1l2 bales, of which 1,4S1 zig bales
are American, against 1896, ,779 and /, ,525 279
bales, respectively, last year. Receipts at all
interior towns for the week 14.b17 bales. Re-
ceipts from plantations Is, ,268 bales. Crop in
sight, 6,701,1 ,131 bales.
PROVISIONS GROCERIES,. ETC.
NEW YORK. May 10, noon.-Flour firm
Wheat dull. Corn lower. Pork firm mess Sl5 %
ais so. Lard stronger at SS IS. Freights
steady.
D. m.-Flour, Southern unchanged. Wheat
No. red, May delivery 971h@9S1Sc closing
971Sc; June 97@973sc, closing orc. Corn-No :,
May delivery 66@66I9c. closing 661bc; June 656
S65Ac; closing 65c. Oats 16@Ac lower and dull;
39ssc. Hops steady Sugar quiet but steady;
fair refining 4s4c refined quiet. Coffee, spot
fair Rio firm at 16c options 1o@20 points higher
IA 35@14 45c June delivery 10 650137Oc. Mo
lasses dull; 80 test 20c. Petroleum steady; 6l66O
634c for crude; 796c for refined Cotton seed oil
quiet but steady for crude and refined. Taow
quiet; mess $14 0O014 so for old; SIS 25G15 so
for new. Tierced beef steady. Cut meats
firm. Middles nominal. y Lard advanced 9A1I
points early; closed with advance partly lost !;
Western 10
livery S8 s59S 80, July Ss s09S 90. Freights
dull
CHICAGO, May 19.-It was bear day in
wheat. More efforts were made here to break
the market than to support it, and it responded.
There was some good buying early, and prices
not only opened 14c higher than last night but
advanced 14c, over the opening prices July
wheat opened at 90ss09015c, and advanced to
9O98c, the highest figure reached Several large
operators then became open sellers, and there
was enough appearance of weakness to cause
very many to wish to realize. From the above
quoted prices the decline was slow, with slight
rallies. The weakness continued up to the
close, and the decline for the session from the
best price of the morning was just Be. July
closed at S634c. Corn was not bolstered up to-
day, and down it came under bright sunshine,
large receipts, large estimates For Monday.
large percentages of contract stuff, and large
onerlnRS by few local causes. OF course the
tumble in wheat made the decline In corn more
abrupt, but it was weak of itself May opened
at 59lSc and tumbled to SIC, the closing figure,
ana July from Of 1Bc TO 0O1SC TO Jne close. oats
proved more stubborn than other grains to-day,
and while the price for May was 13c lower at
the close, the price of other futures about
steady in the face of the break in wheat and
corn. May closed at 347sc; July sold down to
$3.50 33ssc, and closed at $3.50 Provisions
were fairly active and higher at the opening
but later a weaker feeling set in, due to the drop
in wheat and corn, and prices declined sharply.
Pork broke 1711c, lard 10c, and short ribs 12lac,
the closing sales being at inside figures and re
corded net decline of SC on pork, and 21ac on
short ribs but steady on lard. The features of
the, trade in lard was the buying for every
month by George Stewart 6 Co., and selling by
Kirkwood & Co. July sold at $s 6568 rs and
closed at s. IS. July pork opened at $14 5716.
broke to $14 40, and closed at s14 45. Two
July sold at 81 6716Q36 80, and closed at 81 70.
Cash quotations were @ as follows: Flour
S1Ac. Corn-No. 3, 565s057c. oats-No. 2,
34xc. Mess pork, per barrel, s14 so914 IS.
Lard at IS 621b. Short rib sides, loose 81 6219.
Dry salted shoulders, boxed Sc 0016 25. Short
clear sides. boxed .$S 1OGS 10. Whisky 81 70.
Leading futures ranged as follows:
OnaDiny Hi0haCt