The morning news., 1889-03-24

" preferred 1915 St. Paul ....... 62l4
Della, and Lack. 14SA preferred. 99y4
Erie .............. 27A Texas Pacific. .. 1874
East Tennessee. e. Tenn. Coal & Iron. SSls
Lake Shore. 1905 Union Pacific. 629s
Lville & Nash . 60lS N ]. Central m 95
Memphis q Char. bs Missouri Pacific 619s
Mobile & Ohio. -. 10 Western Union. s4Ss
Nash. & Chatt'a.. 91A Cotton Oil certih. 55il
The weekly statement of the associated banks
issued by the clearing house to-day, shows the
following changes
Reserve decreased 81 ,37l $50
Loans increased ACKNOWLEDGEMENTS. 905. 400
specie decreased. ........ ............. Llyo,tOO
Legal tenders decreased. 46S, 700
Deposits decreased. Observation-Disclosures. 1,1S2 200
Circulation decreased. e. .............. 5000
Banks now hold So, sos, ,s25 in excess of the 25
per cent rule.
COTTON.
LIVERPOOL. March % noon.-Cotton quiet
and rather easier; American middling 1ll6d;
sales 1000 ba es, for speculation aud export
500; sceipts 16 900 bales-American 1900.
Futures-American middling, low middling
clause, March delivery 39-64d; March and April
delivery 8 S9-64d; April and May delivery
5 39-o4d; May and June delivery 40-64d; June
and July delivery 5 4l-6id; July and August
delivery 5 42-64d, also 41-61d; August and
September delivery S9-64d, also 3S-64d. Flu
lures quiet
100 p. m.-Sales of the day included $500
bales of American.
American middling 11-16d.
FutureS-American middiing. low middling
- o
and April S9-64d, buyers; April and May
39-64d, buyers; May and June 40-64d, sellers
June and July 41-64d, sellers; July and Au-
gust 41-64d, sellers; August and September
2S-64d, buyers; September and October
26-64l, sellers; September 38-64d, buyers
Market closed quiet out steady.
New YoRK, March 23, noon--Cotton quiet
but steady: sales 342 ba es; middling uplands
106c; middling Orleans 10ssc.
Futures-The market opened steady and
closed quiet and stea iy, with sales as follows:
Aarch delivery opened at CSC and closed
at 10c; April opened at CSC and closed at 10 Ole;
June opened at 10 15c aud closed at 10 17c; July
opened at 10 21c and closed at 10 pc; August
opened at 10 2Sc and closed at 10 3Oc.
500 o m.-Cotton closed quiet but steady;
mi ding uplands 10I6c, middling Orleans l0akc;
sales to-day 173 bales, last evening 169 bales; neS
receipts 442 bales, gross 5.27S bales.
Futures Market closed quiet but steady,
with sales of $4,000 bales, as follows: March
delivery 10 00@10 ole, April delivery 10 900
10 Ole Nay delivery 10 0901O l0c, Jun livery
l. 17@10 1Sc July 10 24G1l0 25c, August 10 "a
10 Bic, September 9089 91c, October 9 Il g
9 72c, November 81 Q 63c. December 9 $50
Q &c, January 8 7l19 73c.
The Sitns cotton article says: Cotton
futures opened little depressed under the de-
cline at Liverpool, but made quick recovery
when it became apparent that receipts at the
ports we're small, with stocks at the ports moro
than 100, 900 bales less than one year ago. and
the close was steady. Accounts from the south
ing season, and, unless labor troubles shall pre-
vent, an increased acreage will probably be
planted"
GALVESTON, March 2s.-Cotton quiet; mid
ding l01hc net receipt 233 bales, gross ,233;
sales 496 bales stock 1878 bales.
NORFOLK, March 23.-Cotto steady; middlinc
10c; net receipts 1894 bales, gross 1884, sales 1856
bales; stock 25,501 bales; exports, coastwise
799 bales
BALTIMORE, March 23-Cotton quiet; mid
ding 10 3-16c; net receipts $40 bales, gross s71
sales none; stock 11,s72 bales; exports coast
wise 200 bales.
BosroN, March % Cotton quiet; middlng
10c; net receipts S12 bales, gross 2107; sales
none; stock none.
WnNtNGToN. March 23.-Cotton quiet: mid
ding 95kc; net receipts liz bales gross liz; sales
none; stock 1895 bales.
PHILADELPHIA March 2s.-Cotton quiet; mid
ding l02sc; net receipts 1862 bales, gross 1862;
stock Il, 236 bales.
New ORLEANS, March 23.-Cotton quiet but
firm; mddling 1866; net receipts 1880 bales.
gross 1907; sales 1900 bales; stock 227, ,2S4
bales.
MOBILE, March 23.-Cotton steady; mddling
13-16c; nsJ receipts 438 bales, gross 43S; sales
500 bales stock II, ,456 bales; exports, coastwise
81 bales
MEMpHIs, March 23-Cotton very firm; mid
ding 95Sc; receipts G6i bales; shipments 3, 2?1
balss; sales 1000 bales; stock 69s4S bales.
AUGUSTA, March 23.-CotUon steady: iddling
10 Lice; receipts l05 bales; shipments bales;
sales none; stock 9S71 bales.
firm mid ling 101sc; net receipts .i4s bales,
gross 14S; sales so bales; stock 1S,45l bales;
exports coastwlse 564 bales.
ATLANTA March 23.-Cotton steady; middling
10c; no receipts
New YoRE, March 23--Consolidated net receipts
for all cotton ports to-day - bales; exp )rts,
TO the continent $50 bales; stock at all Amsri-
can ports 627 1872 bales.
The total visible supply of cotton for the
world is 2,S62 448 bales, of which 2.0l2.74S bales
are American, against 2724T2 and 2164, ,712
bales, respectively, last year. Receipts at all
interior towns for the week 360i7 bales Re
ceipts from plantations 64,63l bales. Crop in
sight 6,46O, sos bales
PROVISIONS, GROCERIES. ETC.
LIVERPOOL, March 20. noou.-wheat firm; de-
mand poor; holders offer sparingly; California
No. l, rs I'd. Corn easy; demand poor
Nzw YoRK, March %, noon.-Flour quiet
and steady. Wheat active aid steady. Corn
quiet and firm. Pork quiet and firm at S12 Is
ala rs. Lard firm at 81 35. Freights steady
500 p. m.-Flour, Southern firm and quiet
Wheat-spot was dull; n Q4c lower and un-
tions active, but irregular and lower; foreign
houses selling; No. 2 red. March delivery 91%c;
April delivery 921ac, May delivery 934c June
delivery 94c. Corn-spot was firmer; No Q. 4214
a 42IRcin elevator; options were dull &c lower
and steady; March delivery 42l6c, Apr delivery
429sc; May delivery ass 14314c, closing at 43IAc
Oats on spot were firmer and dull; options
were quiet and 4014c higher; March delivery
Bic, April delivery 305sc, May delivery 30156
305Sc; No. spot 's11kc.- Hops steady. Coffee
options closed Arm ami unchanged, Is points
up; firm cables and moderate business March
delivery 16 900l6 Csc, April delivery 16 90417c,
May delivery 10 a5G1l7 05c; June II 0JGpl7 17c;
spot Rio was barely steady--fair cargoes 16Nc
S1gar-raw firm and quieter; refined firm and
In moderate demand. Molasses-New Orleans
quiet; open kettle. good to fancy 28G42c. Pc
troleum quiet Cotton seed oil firm; crude 42c
yellow 49c Tallow higher; city 4ssc. Eggs
quiet and easier; Southern ffAM11Lkc. Hides
quiet and steady. Wool easy and quiet. Pork
firm. Beef quiet. Beef hams inactive. Tierced
beef slow. Cut meas steady; pichled bellies
81, picked shoulders 81 90 picked hams So IS
0l00o. Middles firm; short clear So So. Lard
steady and quiet; Western steam S. 3719; op-
livery SO. May delivery 81 a5; refined firmer.
Freigbts steady.
CHICAGO, March 23-The operations in wheat
to-day would have been regarded as wonderful
but for the fact that for range OF prices and in
tensity OF feeling il fell far below yesterday
The market opened excited. with May selling at
s 0il9di 05l5 the first few minutes after
which that future was neglected and the tip
was )ut TO take July While deferred futures
were being picked up freely, a short scare again
broke out in May. The price had eased Off to
81 04l4 and started up with a rush which ended
6S5609OAc. Following the bulge there was big
selling OF May. The clique houses are closely
watched aud no heavy selling was traced direct,
but there SCENE no doubt that Fairbank wheat
went out about 81 o. quite freely. At the same
time reports Of rain where most needed were
wired from the southwest. and the fever TO buy
July was quickly over, aud the price went Off
from 9014c TO s. sc. May, after touching the
top for the day at 81 o. q, went of to 81 01z4,
rallied % 81 06, went of to 81 %, and aga n J.
lied slightly before O'Clock pm. June dropped
back from 81 TO SOC. During the last hour Of
fhA geggap Nav Uhaaf aold around Il n, uptfI