The times. [volume] (Richmond, Va.) 1890-1903, 1891-06-05
New York.

NEW YoRK juno 4.-Messrs. Hubbard, Price
Co. in their cotton circular tonight say;
Greatly 10 the surprise OF the trade Liverpool
advanced sharply to-day upon a reduction OF
the Bank OF England rate 10 per cent ana the
poor CROP advices, which are now receiving
more attention, because OF their semi-oihciaI
corrobOratlon by several state agricultural de-
partments. Yesterday Georgia reported poor
condition and a reduction in acreage. To-day,
Alabama reports the acreage 90 per CENT
the average being made MP from me
returns from siNty-six counties. from New
Orleans and Memphis poor accounts have also
been received, These official returns are made
up 10 date Of May Dist. and areoiicial statements
of the condition Of the crop IN Georgia ana VA
bama confirming IN every particular the lnlor-
nation we have previously laid before our cor
respondents. The United States signal-seryice
monthly report states: The small lines on the
rainfall chart indicate the deficiency IN rainfall:
and IL will be seen that over the greater portion
OF the cotton region this deficiency ranges from
one 10 four inches and the drought has
caused permanent injury 10 CROPS Inc
rainfall in the eastern portion OF the cotton
region came late, but doubtless in time 20 prove
OF much benefit. Opening steady at an advance
OF six points, the market became easier under
slight reaction in Liverpool and large offerings
to close firm when the Alabama report leoame
known 10 the trade. Receipts continue very
large and an increase in the Bombay shipments
this week reduces the deficiency from that port
10 $4,000 bales for the year"
Spot is firm and UNCHANGED. Sales, go bales.
transactions in futures, 5000 bales. Futures
closed steady as follows: June, S.55eS.56; July.
S.6J6SGG: August, S.7jas. 10: September S.S4e
SIS; October, S.9l@S.g2; November, SU@S %;
December. 90le9Q5; January an@9l2; Feb
ruary 91qe92O; March, 92,m92S Receipts at
ports to-day estimated az 5000 bales against 3,74
bales last week and go bales last year. ,,,.
In Liverpool cotton closed steady; mddhng
upands, 4fid. Sales. 500 bales. Futures closed
easier: June and June-July, 4.39: July-Augnst.
4.44; August, h4SmA8g: August-September 44s@
4.49; September, 452ei53
PRODUCE.
Flour closed duh and easier Fine grades
20 ~. y tIn IN IN az I.ls
supernne. S365r4 DO win e., $3.50 il3 extra
No. spring, S4.iOol.i0; 90 Wn'er Sl1le ~;
city mill extra, s6eG2l. southern closed auil'
trade and family extras 1925.
Wheat Wheat options opened little iirmer
and then saggcd with trading light and the
local ana general situation. Exporters did a
little trading on both sides of the market. The
cables were easier, and there was but lttlo crop
gossip in circulation. In the afternoon the
market was strong on some covering, closing
8sa34c. higher. Spot lots closed weak. Sales:
No. 2 red winter l.0s16al .0916; No do. 81 GAO
lO5; No. red winter, June. sl,o95@; July slO'1a;
August. Sl0i; September SlO3's.
CONCEPTIONS were dull. but firm. closing
1isc. TO 1l6c. higher. Spot lots firm. sales:
No. mixed, G3199 64c.: No. ? linked. june. 6i4c
do. July. G3l1c.; August, 62'sc.; September G2}sc
Oats-Oats options we're fairly active and
strong, closing 1yc. 10 lc. higher. Npot lois
steady Sales: No. white So; No. do,
SOC; No. ] white Soc; No. do 1850. No
mixed. June 49ltc.
PorkDTork dull; new mess s12OOasl275.
Lard closed steady; July, S6.52; August, s66f
Sugar-Refned dull; cut-loaf and crushed,
BIC; granulated, 4.1sc.; powdered. 4i6c.; cubes
43Gc.: mould a. 1850 confectioners A. 406c.
COhee-Spot lots quiet; fair Rio cargoes lgl2c
Naval stOres-1he market Is steady for spirits
of turpentine dull for the low grades and
steady for the fine grades OF rosln ana quiet
for tar. The stock al New York comprises:
1867 barrels of rosin, 1925 barrels OF spirits 81
turpentine and 196 barrels OF tar. Spirits OF
turpentine Southern barrels SSlec.: machine
barrels 3s34c; strained. Sl.5216; good do, SL5't
The petroleum market was firm at the open
ing, but declined 3Sc. later on a slight pressure
closing zoe.