The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-05-27
COTTON.

AohCus
COTTON.
NEW York. May %, noon.-Cotton opened
dull; middling uplands 1880; middling Or
leans u 9-16c; sales to-day 176 bales.
Futures-The market opened quiet but steady,
with sales as follows: May delivery u soc;
June delivery 10 Sc; July delivery IL ale;
August delivery 12 29c; september delivery
II Ale; October delivery 10 Soc.
500 p. Motion closed quiet; demand
nominal; middling uplands IL 7-l6c, middling
| = bales, gross Ill bales: sales ss7 bales, also
| last week not before reported 1854 bales for
| consumption and 1,062 bales for export
Futures = The market closed steady, with
delivery 1s 47Q.l2 4sc. June delivery 10 40
| II 4Sc July delivery IL 53012 sic, August
delivery II 36Q2l2 SIC, September delivery Il a
| oil 45c, October delivery 10 S9l10 90c, Novem-
Der delivery 10 70@10 nc, December delivery
| 10 1O0lO 7lc, January delivery 10 730lO 75c,
| February delivery 10 1000 SOC.
The SUas cotton review SAYS: Futures
made pretty small advance in the opening
hour, with July taking the lead. rising to II sic
| for that month, 16 points above August.
| There seemed to be few buying orders, and
those who put out contracts on Saturday got
| scared. The demand thus created caused, in
the absence OF sellers, an advance that took
| place. Two or three hours of dizziness followed,
| brokers stood around waiting, like Micawber,
! for something to turn no. 1t came at the last
| call in the shape of dearer spot cotton. A fresh
! bulge followed, in which July rose to II 54c
and August to IL 3Sc. Other months were
comparatively neglected, and in fifteen minutes
| the whole market was weak. Crop reports were
| generally favorable, and next crop was only
| slightly dearer. Cotton on spot was 1-l6c
| dearer and nearly nominal"
! GALVESTON, May 26.-Cotton nominal; mid
| ding 1l1sc; net rece pts 10 bales gross 10;
| sales - bales; stock 912 bales.
| NORFOLK, May 26.-Cotton steady; mtddling
12c; net receipts 1853 bales, gross 1853; sales q
| bales; stock $3.50 bales.
BALTIMORE, May %. - Cotton nominal; mid
ding 124c; net receipts none, gross so bales
| sales - bales; STOCK 2,716 bales.
| BOSTON. May 26.-Cotton firm; middling
1880; net rec ipts "a bales, gross 1852; sales
! none: stock none.
WILMINGTON, May 26.-Cotton firm; middling
| 111ac; net receipts - bales, gross -; sales -
PHILADELPHIA, May 26.-Cotton firm; mid
ding l29sc; net receipts none, gross none;
stock $500 bales.
NEW ORLEANS, May 26-Cotton market
quiet middling 1l15c; net receipts 2,60S bales,
| gross 260S; sales 500 bales; stock 52,219 bales;
| exports, to Great Britain ,264 bales.
Futures-The market closed steady, with
| livery C; June delivery II 93c, July delivery
| IL orc August delivery IL 0ic, September de-
livery 10 o c, October delivery 10 4Oc, Novem-
her delivery 10 26c. December delivery 10 26c,
| January delivery 10 Bic, February delivery
| 10 SIC, March delivery 10 43c.
| MOBILE, May 25.-Cotton firm; middliDg
1850; net receipts 10 bcles. gross 70; sales -
bales; stock 1906 bales; exports coastwise sl5
| bales.
| MEMPHIS, May 26.-Cotton market firm;
middling l134c; receipts 66 bales; shipments
= bales; sales 4o1 bales; stocS Abb bales;
| AUGUSTA May 26.-CotJon firm; middiing
| 1870; receipts 1873 bales; shipments 2O2 bales;
| sales 302 bales; stock 1873 bales.
| CHARLESTON, May 26.-Cotton market firm;
mdahng ll96c; net receipts bales, gross 8;
| sales - bales; stock 500 bales.
ATLANTA. May 26.-Cotton firm; middling lie;
no receipts.
New iosK, May 25.-ConSoli lated net re-
ceipts at all cotton ports today 70 were 2'ssl
the continent IS bales; stock at all American
ports 1914, $50 bales.
! GRAIN AND PROVISIONS.
NEW YORK, May 26, noon.-FIour dull and
| weak Wheat dull and depressed. Corn quiet
| and weak PORK quiet and steady at S13 750
IA %. Lard quiet and weak at Sc 3s16 Freights
| easy.
heavy: common to fair extra So 50@3. good to
choice extra So 1505 35. Wheat dull; No. red,
| 965SGD96a4c in elevator; options fairly active,
closed steady-No red, May delivery 96l%c,
June delivery 965sc, July delivery $3.50. Corn
active out weaker, closing steadier; No. 2, 8Gs4
! G040c in elevator; options quiet and weak-May
delivery SO = C, June delivery doc, July delivery
Ale. Oats fairly active and lower; options ac'
tive and lower-May delivery 32a4c, June deliv-
| cry 3234c, July delivery 329sc. Hops quiet but
| firm; state 13D19c, old 6012c. Coffee-options
| closed steady aud quiet: May delivery Il 200
Il 2OC; june Oenvery 10 GOO JUG, July delivery
l6 70@16 sc; spot Rio steady with fair demand
, fair cargoes zoe Sugar. raw firm and fairly
active; fair refining 434c; centrfugals, 96o test,
5asc; refined firm and quet-extra G $40
| SIC white extra C 5l4 q 3sc, yellow 434c. of
| A 5 3-16@5ssc, mould A q 3-l6c, standard A
| 15-1ec confectioners' A 11-16c cut loaf 63Ac,
| crushed 65sc, powdered 6Ac, granulated Lice,
| cubes g. ibc. Molasses--Foregn quiet. 800 test
1890; New Orleans quiet at 3l145c for common
to fancy Petroleum steady; refined. here,
| s. 20. Wool steady and IN good demand; do
nestle fleece 3l@36c, pulled 2@S4c, Texas 100
25c. Pork quiet and firm; mess Sl3 1904 %;
| extra prime S11. Beef hams strong quoted at
| SIG So Tierced beef firm; city extra India mess
| at S12 50013 co. Cut meats dull and weak;
| picked bellies 51s015ssc shoulders SIC, picked
| hams 9M010c diddles quiet; short clear IS 10.
! Lard dull and lower; western steam at SO 30,
city S. so; options-June delivery So 81. July de-
! livery So AZ. Freghts to Liverpool weak and
| active; cotton 332d, grain I'd.
CHICAGO, May 26.-There was a fair volume
| of business in wheat to-day and the feeling was
somewhat unsettled The early feeling was
| weak opening at 34615sc lower than Saturday S
closing, and later declined Nc for July and 4c
| for deferred futures, then became stronger. and
| prices were advanced l12@2c, eased off some
| and closed about 34c lower tor July aud NC for
| August aud September than the closing Satur-
day. Warm, forcing weather and plenty of
rain had weakening effect. Selling was heavy,
(! some parties evidently going Short and some
/ long wheat was closed out The local crowd
| evidently sold too freely, and when the decline
| was checked the market turned up and early
short sellers were anxious to cover. There was
| nothing really but speculative motive to have
causei a change in prices Bad crop news con-
| tinued to be received from the winter wheat
| district the tenor being about the same as noted
| for several days past. Good business was trans
acted in corn within 1405kc range, the feeling
| prevailing being little unsettled. the market
| ruling weak earlier and little steadier later.
| though the undertone was not strong. The
market opened 4015c lower than Saturday S
closing, was easy for time, became firm. sell
ing up 4@ssc. ruled easier, and closed shade
| lower than Saturday. Oats were fairly active
and weaker early in the day first sales being at
| A0skc decline. There was good business at
the Decline and, offerings not being very large,