The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-09

NEW YORK, August 9.-Nessrs. HuDbard,
Price Il Co. in their circular tonight say:
Our csbled adyices'stste that the unexpected
advance was caused by large trade demand
from Manchester. where ~spinnors are becorn-
ing uneasy because OF the recent sharp adj
vances. The market opened with free sellers
at 6 points advance, because of the improve
ment OF the crop during July, as reported by
the Chronicle. Ii was quickly advanced. how
ever, by the demand from the shorts. tho
greatest support coming from New Orleans.
while Liverpool sent selling orders after re-
ceiying our opening dispatches. The market
rose rapidly to sos for January. losing 6
points in the last ten minutes under Southern
selling orders and closing steady. This sharp
advance has weakened the market. aud unless
the Bureau report is unfavorsble a reaction et
least il thought 30 be due"
Futures closed steady. Receipts for tho
day at tho ports estimated at $4,000 bales,
against 200 last week and 200 last year. The
spot market is quiet at $50. advance in quota.
tons, mlddling uplands, sAc. Sales, asa
bales. Transactions in futures. $4,000 bales.
August, s.04@s.05; September. s.ISaS.l4;
J GSs0Ssy, s u.s. Z; FF sStSsss' s s,ssss.ss;
March. s7as.7S; May, s.TQa.sS; June.
9.0S9a.09.
In Livsrpool-Cotto steady with fair de-
mand; middling uplands, AID. Sales. 0 1000
bales. Futures firm ~ follows: August-Sep-
TENDER. 4 1894; September-O October. 1854;
October November, 4 40-64; November,4 1894.
RoDUcE.
F~lour-Flour closed quiet: fine grades Of
spring, s3. 1908. 50; do, winter, %. 50013. s5:
superiine spring, %. 5OaS.sO do, winier. 1855
@4.15; extra, No. 2. spring. sS.S5Qt20; do,
winter. a. 10G4. 20; extra. No. /, spring, s4.10
$500; do, winter, q. 25a5. 10: city mill er-
tras, $5.4O@5.50 for West Indies; Southern
-four dull; trade and family. extras. s4.40G
$40.
Wheat-The report that Russia had pro-
hlbited the export OF wheat had the effect
OF strengthening prices somewhat this morn
ing, and although there were moderate prices
and there was some ~irregularity In the course
of values, the market closed firm and gener.
ally %@Ec. higher. Spot lots closed steady;
No. q red winter spot, ei.O04: do, August,
9Stfc.: September, $780,; October. $3.50;
November. 1910.
Corn-Corn options opened strong. and n
ole. higher, on hot weather news from the
West, particularly in the part where the rain
WAS much needed. Business Was moderately
active. and prices closed %@1ho. higher.
Spot lots closed firm; No. 2, mixed spot, 7Sc.;
August. 681Ec., September, 66kc.; October,
6lkc.
Oats-Oats options we're moderately active
and firmer, closing at &c. higher. Spot lots
closed steady. Sales. No. 1 white, 47c.; No.
ado. 1910; No. mixed, 48c. No. ado, 4lhc.;
No. 2mixed, August, 35Ac.; September. S3Hc.;
do. October. 54c.
Rye-Nominal.
Barley-Dull.
Pork-Pork dull and lower, new moss; si3
@<12. 80.
Lard-Lard closed easier; August, $500;
September. 1878; October, 1888.
==Sugars-Raw active and higher; Muscovado
80 degrees test, 30. centrifugal % degrees
tock n , Tlo raHnoI o,,.ora Az. ..n.uIarai
45fc.; granulated. 4H@4tsc.; cubes, 4&c.;
mould A, 4%c.. confectioners' A, 10.
Coffee Spot lots coffee quiet fair Rio car
goes. l9c.. futures closed weaker; Rio or
Santos No. 7. August, SIC. 65, do. September,
SIS 10; do. October, sl4.65.
Petroleum.-Ihe speculation in pipe lines
certificates at the New York Stock Exchange
to-day WAS very active, more than il has been
for months past-somethiDg like $4,000 bar
rels having changed hands, the price ad-
%vancing from 60c. at the opening to zoe. in
the last half hour. September opened 5g1Sc.;
highest, 70Hc.; lowest, 59Nc.; closing. 701Ec.
During the past few days probably the most
striking manipulation of the price of oil GER
tifcates that has ever occurred was engineer
ed on the Petroleum Exchange to-day. For
some time the OIL market has been practically
dead, brokers and spectators who had here
tOfOre been prominent IN the dealings in that
commodity having abandoned IL for other
fields of speculation. Yesterday O broker,
said 10 DO identified with the Standard
Oil Company. appeared on the Fx-
change and without experiencing any
opposition Of moment succeeded in send
ing the price of September options OF
National Pipe Line certificates down TO $40.
The total sales were only 1866 . barrels.
which would cost less than 600 to pay for in
full. IL was subsequently learned that the
Standard Oil Company had taken OF the
premium Of 15c. per barrel on fresh oil, and
that hereafter the company would pay tho
same price for Pipe line certificates as 10 did
for fresh oil on the field. This was a surprise
to every one. IL was Of course expected that
the difference between fresh oil and pipe line
certificates would at once be made up. This
was more than realized. The opening sales
this morning were made at an advance Of no.
From that time until the close Of business,
the price was steadily bid up until Il reached
1910, at which price 1t closed.
Naval stores.-The market for spirits tur-
is steady and moderately active, clos.
ing at 36@361c. for regular and 36M@37o. for
made barrels. Rosin is in fair de-
mand and steady at sl.35 for common, s1.SH
for strained, t1.4O for good strained.
Chicago.
CHICAGO, August S.-Wheat-Wheat was
g.. - kri1;eh cahtss tho coptinnod fraalOm