The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-05-12

Deia am Lack. 1875 Texas Pacific. 49,. 2l1S
Erie .............. rs Tenn Coal q Iron. IS
East Tennessee. 90 Union Pacific. .... 614
Lake Shore. 1885 N. J. C, ntral 9534
L'ville & Nash. 673z Missouri Pacific q. 70
Memphis & Char. 81 Western Union. . s5Ik
Mobile & Ohio. 10 Cotton Oil certif. 551S
The weekly statement of the associated banks
issued by the clearing house to-day, shows the
following changes:
Reserve decreased. ....................S 672, 900
Loans decreased. Observation-Disclosures. 900. 500
Specie decreased. ...... ............. 3224,0O0
Legal tenders increased. 2,67 100
Deposits increased ................... 5GS 500
Circulation decreased . ............ 93500
Banks now hold $S972,575 in excess of the 25
per cent. rule.
COTTON.
LIVERPOOL, May II, noon,--Cotton dull and
lnanimete; American middling Lied; sales
5000 ba es, for speculate and export 500;
receipts 1900 bales-American 1900.
Futures-American nidd ing, low middlinS
clause May delivery 62-64d May and June
delivery 6l64d, also 63-64d; June and July
delivery 61-o4d, also 63-64d; July and August
delivery 61-6ld. also 63-64d; August and Sep
TENDER 59-t4d, also 60-64d; September and
October i0-61d. also 42-64d: October and
November delivery 34-64d, also Sl-64d. Mar
ket quiet at the advance.
100 p. m.-Saies of the day included 400
bales of American
American middling 1-16d-
Futures-American middhng. low middling
claus, May delivery So cd, sellers; May and
June 63-64d, sellers; June and July 6364d
sellers; July and August 63-64d, sellers; Au-
gust and September 6o-64d, buyers; September
and October 1904 value; october and No
vember 34-64d, sellers; November and De
cember 3l-64d- sellers; September 8 6O-64d,
buyers.
New York. May H. noon.-Cotton firm;
mi ding uplands lie, middling Orleans NE
sales to-day so bales
Futures-Market opened and closed quiet but
steady, with sales as follows: May delivery
opened at 10 54c and closed at 10 55c; June
opened at 10 SIC and closed at 10 b5c; July
opened at 10 64c and closed at 10 &c; August
opened at 10 69c and closed at 10 &c; Septem-
Der opened at 10 12c and closed at 10 lie; Octo-
Der opened at SIC and closed at Sac.
500 p. Motion closed firm; sales to-day
40 bales, last evening $40; middling uplands
lie; middlirg Orleans ll14c; net receipts 40
ba es, gross 7G3.
Futures Market closed quiet, with sales of
1880 bales, as follows: May delivery 10 $50
10 soc, June d livery 10 550t10 SIC, July ne
livery 10 5000 63c, August delivery 10 676106S,
SeUtember del very 10 11010 12c, october S48
9 SIC, November 30 9 Sic, December SEQ
SIC, January S9G9 90c, February 9 $40
Csc. March 10 05010 06c.
The suns cotton review saws Cotton FIJI
lures stiffened up few points on better re-
port from Liverpool. small crop report and less
favorable reports from the growing crop; but
there was no confidence among bulls, simply
less pres ure to sell, and the market soon re-
lapsed into dizziness, with the business of tho
day quite small. Rain continues to be much
needed throughout the south. Cotton on spot
CULTS Ike Receipts at the ports this day 25S9
bales. Sales aggregated l6, 500
GALVESTON, May 1l.--Cotton nominal; mid
ding tic; net receipts e67 bales gross 667 sales
324 bales; stock 3,lOl bales; exports, coastwiSe
1919 bales.
NoRFoLk, May 11.-Cotton quiet; middling
103Sc; net rec ipts 45 bales, gross as; sales -
oates; stock 5, S22 bales; exports, coastwlse 0
bales.
BALTIMORE May 11.--Cotton quiet but steady;
middlng 1l$sc; net receipts none gross none;
sales - bales; stock 209S bales; exports to
Great Britain !, 6SS bales, coastwiSe 523.
BosroN May II Cotton quiet and easy; mid
ding 1l16 u114c; net receipts bales, gross
1917; sars none; stock none; exports, TO Great
Britain 200 bales.
Wn.MISGroS. May 11.--Cotton quiet; mid
ding 1O16c; net receipts % bales, gross 90;
sales none stock 919 bales
PHILADELPHIA, May 1I.--Cotton quiet mid
ding 1ssc; net receipts 119 bales. gross 10;
NEW ORLEANS. May 11-Cotton dull and
easy; middling 1896; net receipts 301 bales,
& oss SAG; ales 200 bales; stock l03,99 bales;
exports, cOastwise 1897 bales.
MOBILE, May 1l.-Cotton dull; middling
fO5sc; net receipts 25 bales, gross %; sales =
bales; stock - bales; exports coastwise 200
bales
MEMPHIS, May 1t.-Cotton quiet; middling
10 IL -16c; receipts $50 bales; shipments a6S0
bales; sales $50 bales; stock 14750 bales.
AUGUSTA, May n.-Cotton quiet; "iddling
1Oszc; receipts % bales; shipments los bales;
CHARLESTON, May l1.--Cotton firm; mid
cling l0l1c net receipts 423 bales, gross 4S3;
saes -- bales; stock 4, 1914 bales exports, coast
wise 6l3 bales.
ATLANTA May 11.-Cotton quiet; middling
uplands 104<c; receipts bales.
NEW YoRA May 1l.-Consoli lated net receipts
at all cotton ports to-day 1889 bales; exp rts,
ta&Great Britain 1896 bales, 10 the continent
9S&bales; stock at all American ports 359, SIS
bales
The total visible supply OF cotton for the
world is 2, 1450l7 bales, of which ,J03,0l7 bales
are American against 2,196, 153 and 1856, $50
bales, respectively, last year. Receipts at all
interior towns for the week $3.50 bales. Re
ceipts from plantations 9,6SS bales. Crop in
sight 6,75S,97S bales
PROVISIONS. GROCERIES, ETC.
LIVERPOOL, May II, noon.-wheat firm; de-
mand poor; holders offer sparlngy. Corn
firm; demand good
NEW York, May II, noon.--Flour quiet and
steady Wheat weak and dull. Corn dun and
easy. Pork dull and unchanged. Lard dull but
steady at s. 321f. Frelghts steady.
500 "a m.-Flour, Southern quiet; common
to fair extra 81 q0M3 35; good to CHOICE s. 356D
so. Wheat dull and ls6s4c. lower; No. : red,
No. red. May delivery SIC, June delivery Sii4c,
July delivery S5I6c, August delivery S434c.
Corn "a f,15c lower and barely steady; No. 2, 4fc
in elevator; options ls895c lower and heavy.
livery 429sc Oats firm but dull; options quiet
and lower-May delivery 2lAc, June delivery
2Slsc. July delivery 291sc: Hops firm and quiet.
Coffee-oBtions closed dull: May delivery l6 90
n 10 roc June delivery IS 10Gl6 15c, July de-
livery IS S01i6 SIC, spot Rio quiet Sugar
raw hrnper, fair refining 5164 sc; refined
unchangod-CT l4d 73zc, extra G i9sd1$4 white
extra G "a i3-lG6D7 15-ljc, yellow i5sL74c. of A
7 1916 dTIsc, mould A S}aDS8c, standard A
sic. coUfectioners' sac, cut loaf 914c,
crushed VIC, powdered &C. graduated Slsc,
cubes sac. Molasses-Foreign steady; New
Orleans dun. Petroleum steady. Cotton seed
oil dun far crude and yellow. Wool steady and
quiet. Flides steady and quiet. PORK quiet.
Beef slow Beef hams inactive Tierced beef
ouiet. Cut meats steady. Middles quiet Lard
DIM and lower Western NJ am 81 co. city So 30;
optfous-NIay delivery S. 3D. June delivery
I, 70. july delivery s. rs treights steady.
ST. LOUIS. May li--Flour quiet and UNI
c. nnCed Wheat lower; government crop re-
port and general rains in the west had a beerish
Erect early. and a pressure to sell resulted;
after sha 70 decline, the market rallied very
lately, and a. the close was 999Yic below yes
dav: ~. 4 red. cash nc; May delivery TAO
f5tsc: June delivery iGIGtT7i4c, July delivery
7tai0l7blSc Corn closed lower; No. mixed,
clsh 32ll 82asc; May delivery 3s4J3iHc,June
delivery 3liID3176c. oats lower No. ,, cash
93tk, hid: ~ delivery a0Isc, June delivery 22B4
a225sc Wfusky steady at 81 ". PROVISIONS
unchanged: Pork 3i2 90
CHcAgo. May ft.-Wheat was lower % day
under the double Weakening influence on the
favorable crop report by the Agricultural De
partment and heavy and general rain over
most ~ the country last night. The opening
was tLidi9Sc lower, ruled steady most OF the
session al the decline and closed Lac lower
than yesterday. Corn was active put weaver,
ciosipg a.a1sci lower than yesterday. Oats were
weaksr ana lower, closing satic lower. only a
moderate ira 2 vas reported IN hog products,
and rrices riilaxl easier but lower, though within