Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-03-24
MARKETS eY TELEGRAPH.
NEW YORK.


NEW YoRx, March 23.-Cotton quiet; sales
to-day, 225 bales; uplsnds, &c. Orleans, v
7-l6c.; net receipts at all ports, lo,I0l bales
exports-to Great Britain, 1888 bales; 70
France, 617 bales; 70 tho Continent, iV,4oo
bales; stock, 630,024 bales. southern nour
firmer and In good demand; common 70 fair ex-
ira, s3.60a$4.10; good TO choice do, s4loa
1896, Wheat-Market ifalAc; hisner, aun,
and hrm; No. 2, red, s1.I514asL16N IN elova.
tor; sLIsss sfioat; options opened Unclaimed
20 No. down on expected increase In visible sup
ply, advanced iiza2Iac. on better cables, Tree
buying by European houses, OF oil months, and
bad crop news from France, With general iul
demand on investment and covering, closing
firm at the best OF the day, excepting May,
which Is sc. lower; No. 2 red, March. sLloA;
May, sLl2A June, sl.10I<. Corn higher, n.lh'
moderately active, and scsrce: NO. ,.iyssS
7saslc.; steamer mixed. 7sa7p14o; options adj
vanced 2a2Isc., with bullish sentiment All over
the country aud farmers delivering supplies IN
and long: March, zoe. Nay, 745sc:; Jaiy,
72LSc. Oats fairly active, Aa1c. up, and strong;
options fairly active; March and May, o04c.;
No. 2, white, April. Gle; spot No. :, 1cc' NO.
steady and quiet; State, common 10 choice, 2la
3Oc.: Pacific coast 22a30c. Conee-options
opened steady, closed barely steady at Ss2o
down and dun; April, slI.5oasl,,so; NAY ,s,
cargoes, 2Oc; No. 4, 1sssc. sugar-Raw. quiet
and nrm fair refining. 11-16c; ccntrifugals,
96-test, 5 11-16c.; refined dull only grades
quoted here are mould A, &c. standard A, &C.;
confectionery A, sac; cut-ioaf and crushed,
$50. powdered, 6I4o; graduated, 6Ac. cunes,
CSC. Moiasses-Foregn steady; So-tesf, i2tsc.
In hogsheads; 1lt1c. In tanks; New Orleans
steady and In fair demand common n 20 'a1 se,
to extra, 5a6s4c.; Japan, 6s6,ac Petroleam
quiet; refined. all ports, e.soa7.2oc; do. IN
bulk 465e Cotsonseed oil strong ssun sc Sn
firm and In fair demand strained, common 70
good, s1.57tfss1-60. Turpentine Qutef and arm
at 41a41l6c. Wool quiet and hrm. FORK IN good
mess, sI3.25es14; extra prime, sl1asll, 30.
Beef In fair demand and firm family, ss.ooa
sl0.5O; extra meas, s7as7.5o. Beef hams 70
good demand and nrm; quoted az *itoV.
mess, sI4asl6. Cut-meats strong andAFanted;
picked bellies, 5iSc. do. shoulders, 4a4hc; DO
hams, 7staSc. Mlddles dun and firm; short,
clear, $685.. Lard active, much higher, and ana
May, los; July, $3.50; August, s7.43 refined
higher: Continena, 90. 75aS7.40; South America,
s7.75. Freights ~ Liverpool duh and unsettled;
cotton. 7-04d. grain, Id.
CHICAGO.
CHICAGO, March 23.-Cash quotations were as
follows: Flour dun and firm No. 2 spring
wheat s1Ss4asl0iaj I'M. Nc; ned Red si oOss
53Sia5fc Mess-pork, sI2.60as12.62. Lard,
1910. short-ribs, s5.90as5.95. Dry-salted
shoulders, &4.4OaS4oo. onortclear 7o'~Va
5000. Whiskey, Sl.1O.
Tho day was an exciting ono on the Board OF
Trade during most OF the session. IL was bull
campaign In all parts OF the floor, and the bears
were being tossed high In the air IN al the
trading-pits. The excitement carried prices up
In nervous Jumps, and there were times when II
was impossible TO buy anything on tho specula-
tive list without bidding up and up as an induce
ment TO the holders 10 part with a little on thoh
much-coyeted possessions. Wheat gained $50,
corn l3ic, oats lie. per bushel, and pork Soc per
barrel over Saturday closing quotations Wheat
started on the Jump and toward III O'Clock, AFTER
having advanced 1c. per bushel, broke through
all restraints and made jump OF an additional
He In about five minutes. The cables were
very firm, with a strong upward tendency, ana
she weather In England was cabed frosty a
mistake In Bradstreets report OF the world >
visible supply, as reported Saturday, was maze,
reducing the total by 10000, 900, and corn was
advanced 11c. at Jump. The starting price
for May was anywhere from sl.O2 10 eLO%et,
with very little sold below the highest OF these
figures. Around sL02S4 and up 70 sl.O3 buying
and selling went at a rafting rate for about
| I'VE minutes. The fluctuations were darling up
and down between the quotations given, with an
occasional shoot upward to sl.031e dnring the DTS,
hour and half OF the session, and thcn followed
| the excited advances alluded 70, under when
May was rushed upward 20 s1041A- The rapidlty
| OF the advance can be judged from an incident
OF the trading. Some OF the most suecesstui lo'
| cal spectators were among the heaviest sellers
on tho advance 1t was not until tho visible sup
| ply statement was published showing LOB, l2s
| bushels increase during the past week that ANY
| general disposition to fight the advance was IN.
| dulged in. The prices Of May worked backward
| 20 S1.033t, but only rested there very briefly
| when 1c. was quickly clapped upon the quotation
| last set down. The highest point reached was
S1.0, and IL WINS wanted at within lsc OF the toI
as trading ceased for the day. The shorts la corr
| were In even worse predicament to-day than on
| any Of the former days OF their recent gr1eyous
| troubles. The weather WAS damp and The re
| ceipts were 90 cars less than were estimated OIL
Saturday. The longs were masters OF the situa
| ton. The Witness Of the opening may be gath
cred from the differens prices paid at the nrs'
rush. There were sales OF May made stimuli
taneously at sc and at many intermediate
prices all the way up 20 6SLc. That was the
high point until considerably later In the session
when Il made another upward rush TO 6sc., the
top price OF the day. Strength and excited bid-
ding upon every upturn was the prominent fea-
ture Of the days business. Oats partook OF the
strength that characterized everything else on
the floor closing II and 1c. higher. New foIk
bought the shorts bought, and the local scalptng
crowd helped the advance The provision pit wac
a counterpart of all the others. IL was difficult
TO execute orders 30 quickly, however, the oier-
ings drying up when the buyers were most clam
orOus. The receipts Of hogs were 5000 head be-
low the estimates and prices were higher. The
shorts were run to cover and had TO pay heavily
for the privilege OF getting out Of a bad deal.
1ft,avf uftar araO ,aH