The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-07-18

rs ASOle
review says: Futures opened at a sharp de-
chne, futures gave way. closing easy at lo013
points decline from yesterdays closing prices.
II Is snort story with cotton to-day. Liver
poor broke down and our bulls completely lost
COURAGE The great and general decline was
the result under the selling movement. which
was nuch freer than for some time past not
wwIn,standing tbs low prices already reached.
oulis make no stand, because bears have so
iong mad things all their own way, and now
taIh confidently of IA cents for middling up
lands IN the not distant future"
GALvEsroN, July l7.-Cotton closed nominal;
mlddllng nc
ding SC.
BALTIMORE, July l7.-Cotton closed weak;
,BosToN, July 17.-Cotton closed dull mid
ding sac
WM1SINeToS, July 17.-Cotton closed nominal;
mlddlIng NC.
PHILADELPHIA July 17.-Cotton closed quiet;
middling SSic.
New ORLEANS July 17.-Cotton closed easy;
middling l5-l6c
Futures Market closed steady at the decline
with sales as follows: July delivery
57c, August delivery 74c. September de
livery 64c, October delivery nc, November
delivery sac, December delivery 92c, January
delivery SC, February delivery 5 09c March
delivery lSc, April delivery 2Sc.
NOZZLE, July H-Cotton closed quiet; mid
ding 73sc.
MEMPHIS. July 17.-Cotton closed quiet but
| steady; middling 776c.
AUGUSTA, July I7.-Cotton closed dull; mid
| ding 7S4013sc.
CHARLES ron, July 17.-Cotton closed quiet;
MONTGOMERY. July 17.-Cotton nominaly I'm
cha lged; middling 715c; receipts 100 bales;
shipments 1876 bales; STOCK 3,702 bales; sales 1875
bales.
MACON, July 17-Receipts 10 bales; sales
= bales; shipments 40 bales; stock 1908
| bales.
COLUMBUS, July ;5.-Cotton dull; middling
| nc; receipts 100 bales; shipments 1877 bales;
sales 80 bales; stock 2,2S1 bales.
nashville, July 17.-Cotton closed quiet;
| middling 716c
SELMA, July 17-Ootton market quiet; mid
ding 71ac; receipts SO bales; shipments 200
| bales; stock 2,553 bales
| ROME July T.-Receipts 1879 bales; shipments
IS bales; stock 1,341 bales.
NEW YORK, July demonstrated net re
| receipts at all cotton ports 1854 bales;
exports, to Great Britain 2 1855 bales TO France
- bales. TO the continent 1905 bales; stock
at all American ports 2ol, 967 bales.
| GRAIN AND PROVISIONS.
NEW YORK. July II. noon.-Flour quiet aud
heavy. Wheat active and irmer. Corn quiet
and firm. Pork quiet and firm at $40 ESQ
12 so. Lard quiet and firm at s. IS.
NEW YoRk, July II, 5:OOp. m-Flour. south
ern, dull and heavy; common to fair,
| extra, % SO0bS oUs ROOu 10 ClOlce, 6ALTh,
81 1905 IS; superhne 81 1904 20; buckwheat
-four, 80 25Q2 S. Wheat active and stronger
No. 2 red, y40951hc in store and elevator;
| 81 06A alloat options declined early A014c
| on easier cables large receipts and fine weather.
became stronger and advanced Ss@11c on more
urgent export orders and closed steady at
| about yesterdays prices; No. red, July do
livery. 94c; August delivery CSC; Septem-
Der delivery $780, December delivery 96$sc
Corn duh and easier; No. 2. cash,
71072c in elevator; 721kc afloat; ungraded
mixed, 7l075c; steamer mixed, 79c; options
| advanced 16C0Ac on covering and light receipts,
| fell I4016c on realizing, closing weak; July de
livery 6S4c; August delivery 64l4c September
delivery 6lISc Oats dull and unchanged;
options dull lower and weak; July deliv-
cry 424c; August delivery &C; September
delivery 32c; No. 2. spot, 4S1404416c; mixed
| western, 40046c. Hops weak and quiet Pa
cific coast 2l195c; new 4S04sc; state, com
mon to choice 25090o Coffee-Optionss steady
July delivery lo S59l6 80; August delivery
16 10; September delivery Is 40015 45; october
delivery II l56t14 %; December delivery Is 65 a
10 70; spot Rio quiet and firm; fair cargoes
steady; fair refining l5-1603c: centrfuRals
go test 1-!6c; refined active aud tirmer
off A, 5-l6c; mould A, 9 Ice; stand
ard A.. 4ssc; confectioners' 44c
cut loaf, 51Ac; crushed, 61Ac; powdered
11-16c; granuated, 4 1-1604 9loc; cubes, 4s4c
Molasses-Foreign nominal; so test, il9S
012c in hhds; New Orleans steady and active
common to fancy 95@s5c. Petroleum Quie
|
Philadelphia and Baltimore So S007 90
in bulk, 81 1904 80. Cotton seed oil dull
crude prime 2'9ssc: crude of grade
weak and dull; domestic fleece 3063Tc
pulled 26033c: Texas 17124c Hides dul
and easy; wet sailed. New Orleans selected
IS to so MS, 70Sc: Texas selected. so Il
60 Ds, 7@Sc. Proyisions-Pork quiet and firmer
prime 81 5002 90; old mess 81 0Od
j. Is; new mess Sl2 000l2 80; extra prime
$40 5Oall 90. Beef quiet aud firm
Beef hams quiet and firm at SlS 80. TierceC
beef quiet and firm; city extra. India mess
S2l 00@Z2 90. Cut meats quiet, frmer; picked
bellies G24167sc; pickeled shoulders 6Q6]4c
pickeled hams l0A0elic. Middles quiet and firm
short clears, So 70; Lard steady and firm
western steam So So; city So 10: options
July delivery s. &c; August delivery g
September delivery s. so; October delivery
South America s. rs. Butter quiet at 1S125c
Cheese active; light skins 3WSI6ca Peanuts
steady; fancy hand-picked, 415GD414c; farmers
2340334c. Freights to Liverpool strong and
| in good demand; cotton, per steam, 3-32d: grain
Sd.
CHICAGO, July 17.-Wheat opened dull and
lower. The news was generally unfavorable
| for holders. Offerings were free, and about
| the only demand was from shorts, who wanted
| to cover their sales made at higher figures and
take their profits. This they were enabled to
do advantageously, as their takings we're on the
market whose tendency was downward. About
the only comfort the bulls got was the report
| that Portugal had reduced its tariff on wheat
| one-half. The weakness in nearly all the mar
| kets at home and abroad were also depressing
| factors. The opening sales were at about NC
decline from last nights figures, and finally lost
about as much more. Later the market was
strengthened some by liberal export purchases
at New York aud q sharp advance reported in
Berlin and December (Which opened at S614O
S6ISc) sold at S6Ac. Later cables, however,
showed weak and declining markets at Paris,
Liverpool and London. the last mentioned
showing a break equal to over &c per bushel.
| December weakened on this to 66asc. at which
| it closed. Corn showed so much strength early
on smaller receipts than was expected, caused
| by firmer prices in New York, an active demand
for cash and light offerings, and was also
helped by an advance in provisions. Shorts
| showed good deal of alarm and covered freely.
September sold around the opening at $3.50
5314c, and went up quickly to $500. Selling
became free and there was drop TO 62kc, but
this was followed by a reaction to 531ac but
broke again with the late weakness in wheat
| and closed at 52Ac. Oats were weak, and at
! one time panicky, especially for August, due
chiefly to a rumor Of large receipts OF new oats
| tomorrow July was steady at 3441341kc;
August opened at 2SI6c but soon became
| slumpy on free selling and fell to &c, but re-
| acted to 2766c. September sold from 2716c to
26Ikc but recovered to 2714c. Provisions started
in excited and higher, especially pork. Receipts
| of hogs fell below the estimates and prices at
the stock yards were higher. Then it was re
| ported that France was about to reduce the
duty aud shorts got excited and began to cover.
The feeling was assisted by bullish article in
| the Cincinnati Price Current. which, taking the
| stock on hand and probable packing, estimated
| that the entire product would be taken for con
sumption. September pork, which closed at