The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-07-13

Nasn- a. SnattA'' 40 Notton Ou ceTtin' co54
LIVERPOOL July IL, noon.-Cotton quiet and
without quotable change; middling upands
69l6d, middling Orleans Sgd; sales 10 600 bales,
OF which 1000 bales were for speculation and
export; receipts 1000 bales-American 800.
Futures-Uplands, low middling clause July
delivery. 33-64d August and September
| 3O-64dd; September and October 20-64d;
November and December 13-64d; January and
| February 13-64d. Futures quiet.
Up. m.-Sales of the day included 8, 400 bales
OF American.
Futures-Uplands, low middlins clause July
delivery 3464d, sellers; July and August
| 32-64d, sellers; August and September 3O-64d.
sellers: September and October 2l-64d, sellers;
october and November l5-64d, sellers; No
vember and December 5 13-6ad, buyers; Deem
Der and January, l3,64d, value; January and
sellers. Market steady.
Good middling uplands SID, middlng up
lands 9-l6d, low middling uplands5 6-16d; good
ordinary 5 1i6d ordinary 494d; good middling
Texas sgd. middling Texas 9-l6d. low mid
ding Texas l6d, good ordinary Texas 5Isd,
ordinary Texas 4$d; good middng Orleans
l3-l6d, middlng Orleans 59sd, low middling
ordinary 4S4d.
4 p. MIXTURES: Uplands, low mlddlne
August 32-o4d sellers; August and September
3o-o4d, sellers; September and October 20-64d,
buyers: October and November l5-64d, sellers;
| November and December 1854, sellers; De-
cember and January 1864, sellers; January
and February ID 64d sellers; September
SQ-64d, sellers Market closed quiet.
NEW YoRK, July -, noon-Cotton dull:
middling uplands 1016c, middling Orleans 109sc;
sales III bales.
Futures-Narket opened steady, with sales
as follows: July delivery 10 43c; August 10 4Sc;
September SEC; October 6lc November
9 53c; December sac.
500 D. m.-Cotton closed dull; middling
uplands l02ac, middng Orleans I09sc; sales TO-
| DAY 10 bales; net receipts - bales, gross III.
Futures-Msrket closed steady, with sales OF
$4,000 bales, as follows; July delivery 10 411
10 42c, August 10 5000 47c, September 500
Sic, October 5ld19 sec November and De-
cember 951&9 $40. January 5SQ9 SOC, Feb
ruary 96609 &c, March 1909 74c, April 81
8 SIC, May S969 90c.
Hubbard, Price Co. S cotton circular says:
The supply of August contracts proved in eX-
cess of the demand. and some slight realizatons
led prices downward until the execution of stop
orders caused a decline of 10 points in about
twice as many minutes. Quite a covering de-
mand then developed itself, and bulls coming to
the rescue prices rallied so that half of the de-
cine was recovered, with the market closing
steady. Transactions in this month now
most confined TO the closing of old deals,
brokers generally advising customers
| against trading in the position, which acts in
dependently of the balance of the market. In
terest under this process grows daily smaller
European buyers remain entirely out of the
market, showing not the slightest disposition to
provide themselves at present prices against
future contingencies. The close of the market
was steady, with an uncertain feeling regarding
the future course of August"
GALVESTON, July 12.-Cotton nominal; mid
ding 1l-l6c; net receipts l04 bales gross 104
sales none; stock i,l79 bales; exports, coastwise
| 800 bales
NORFOLK, July 12.-Cotton steady; middlng
lose; net receipts S. bales gross IS; sales
n bales: stock 5144 bales; exports to Grear
| Britain 1914 bales.
BALTIMORE, July 12-Cotton quiet; middlng
lO5sc; net receipts none, gross none; sales none;
stock 6,79l bales.
BosroN, July 12-Cotton quiet but firmer;
mid aiTNtc holac
sales none; stock none; exports to Great Britain
2 1873 bales.
WILMINGTON. July 12-Cotton firm; mid
ding 915c; net receipts bales gross ?; sales
none; stock 1858 bales; exports, to the CONT
nent bales.
PHILADELPHIA, July 12.-Cotton firm; mid
ding 1880; net receipts none, gross 81 bales;
stock l19y bales; exports, to Great Britain l. 1879
bales.
New ORLEANS, July 12.-Cotton QUIET but
firm; middling 934c; net receipts 497 bales
gross 491; sales $50 bales; stock 81, AL bales;
exports, to the continent $50 bales.
MOBILE, July 12.-Cotton firm; middling
99sc; net receipts 8 bales, gross 3; sales 100
bales; stock 1921 bales exports, coastwise 10
| bales.
MEMPHIS, July 12.--Cotton steady; middling
lOc; receipts 80 bales; shipments 324 bales
sales 50 bales; stock s, $50 bales.
| AUGUSTA, July 12-Cotton quiet; middling 934c;
receipts bales; sales 40 bales
CHARLESTON, July l2.-Cotton quiet; middling
9Ac; net receipts 20 bales, gross %; sales -
bales; stock 704 bales.
ATLANTA, July l2.-Cotton steady; middling
934c; receipts bales.
New YORK, July demonstrated net re-
celpts for all cotton ports to-day SS7 bales;
exports, to Great Britain 6,292 bales, to France
- bales, to the continent /, $50 bales stock at
all American ports 236. 196 bales.
PROVISIONS, GROCERIES. ETC.
LIVERPOOL, July ~ noon.-wheat steady; de-
mand poor; holders offer moderately. Corn
steady demand fair.
NEW YORK, July 10, noon.-FIour quiet but
steady. Wheat lower Corn lower. Pork quiet
but steady; mess S14 75@15 90. Lard weak at
IS 35. Freights quiet. Old mess pork, $13 751
400
500 p. m.-Flour, southern quiet Wheat
very dull No. ? red, July delivery SSGSSa4c;
August delivery So 5-i60 9Ssc; September 80 lie
9O14c. Corn quiet and heavy; No. ,. August
delivery 55Q555sc; September 5695634c. Oats
very quieti No. 2, July delivery 3514c; August
delivery 3l8603112c; No. 2spot 36c. Hops I'M
changed. Coffee, spot fair Rio firm at 1416c;
options strong and higher; No. Rio July de-
livery II 5001l zoe, August delivery 10 450
10 Coo. Sugar firm; centrifugal &c for 90 test:
fair refining SC; refined active and strong.
Molasses steady; 500 test zoe. Petroleum steady;
ref ned nc. Cotton seed oil quiet for crude
and refined. Tallow firm at l5-1604c. Potatoes
steady. Hides in light inquiry. Wool quiet but
steady; domestic fleece 20036c, pulled 1s03Sc,
Texas Bic. Pork dull Beef dull. Cut meats
unchanged. Beef hams steady. Middles neg
lected. Lard-Western steam on spot So 37l6
as 40; August delivery IS 340,S 81. Freights
quiet; cotton bod.
BALTIMORE july 12.-FlOur market steady;
Howard street and Western superfne So 800
2S5, extra So O0@3 So, family 81 OO04 IS, city
mills superfine SO 50G2 60, extra SO 25Qt3 70; Rio
brands 81 S0f35 10. Wheat-Southern firm
and higher; Fultz S66lS7c. Longberry SsA90c;
Western firm and nominal; No 2winter red, on
spot SIC. Corn-Southern firm; white 656l67c,
yellow 5906lc; Western dull and nominal.
CHICAGO, July 12-One big local operator was
the bugbear of the wheat pit to-day. To begin
with. there was not the same amount Of bull
news from the other side as on Wednesday, and
cables were less encouraging The clearances
were very lght-only 32,0O0 bushels at New
York while primary receipts were nearly 300
900 bushels These thiags were all lost sight OF
| by the crowd. II was known, at least be
| lieved that a certain heavy scalper was long a
big line of wheat The trade, knowing his head
long way of doing business, feared he might
dump his load and break the market This
| fear caused prices to start Nc. to NC. higher,
and as rumors varied the price wont up and
down, but all the while with a downward
| tendency. The range for the first hour was be-
| tween S07s61 815sc for August, after which it
| failed to get up to Sic. The crowd feared big
| spectators wheat was being sold by unknown
brokers. and there was second unloading by
| the crowd, and August went of again TO Soc
| with considerable excitement September sold
| between SOC. and S156c., December at SIC. and
| S34c When August reached the Soc. point the
| second time. Shortly before the close there
was a struggle for reaction, and a slight
| rally he closing price at | p. m. was S0160
| S014c.. or exactly 16c under the close yesterday
| July closed at sl3sc, September s01sc, Decem-