The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-04-21

u
| and possibly expected. some stand v.vlld be
| made against the further decline in values
That market did not report a very material de-
| Glue, but enough to cause a fresh selling TO I'M
| load long cotton Then an event occurred
whics has been looked for when August should
sell below sOc-namely, stop orders began TO
| come out Then the movement of the crop
| began 20 show big figures, and weather reports
| from the south could hardly have been better
| II they had been made on purpose. Thus the
| bulls were without peg on which TO hang and
prices further declined. There were some
| novelties in to-day's market The quotation
from Liverpool 4S4d for middling upland. was
| the lowest ever known by near V all now in
| the trade Again. the range for the ten months
of futures, April to February inclusive, less
| than half a cent, has seldom, if ever, been so
| small. Business was largely in this crop but
the next crop was much more freely sold than
has been since the dealings were begun. Spot
cotton was lower"
GALVESTON, April so.-Cotton closed easy;
middling ll-l6c; net receipts ,953 bales gross
1853; sales - bales; stock s., 34S bales exports
coastwise 372 bales.
NORFOLK, April 2O-Cotton closed easy;
middling $50; net receipts 1902 bales, gross
| 1902 sales 1873 bales: stock O. 4S7 bales exports
coastwise 1,096 bales
BALTIMORE, April eo.-Cotton closed nominal;
middling 81 c; net receipts - bales, gross 712;
| sales none; stock eSJ1 bales
Boston, April 20.-Cotton closed weak;
mlddIlng l5-l6c; net receipts SO3 bales, gross
1884 sales none; stock - bales.
| WILMINGTON, April 2O.-Cotton closed quiet;
| middling S5sc; net receipts 81 bales, gross 81
sales none; stock 1874 bales.
PHILADELPHIA, April eO.-Cotton closed quiet;
mlddling 9l6c; net receipts l,116 bales, gross
| 1.116; stock 10 5I7 bales
NEW ORLEANS. April 2O.-Cotton irregular
aud active; middling 7-16c; net receipts t,0OS
bales, gross 1855. sales 1OJ bales; stock 224 426
| be les; exports to Great Britain {, 400 bales
Futures-rhe market to-day closed barely
steady. with sales of 90, 400 bales. as follows:
| April delivery zoe, May delivery 21c, June
delivery 8 2sc. July delivery 35c, August de
| livery sc, September delivery CSC, October
4ic November delivery 45c, December de-
livery S 47c.
MOBILE, april 2O.-Cotton closed easy; mid
ding SIC; net receipts 1,OlS bales gross 1918;
sales $40 bales; stock 1881 bales; exports,
coastwise Las bales.
middling 9-1ec; receipts ISL bales; shipments
200 bales; sales $50 bales; stock 46, So bales.
AUGUSTA, April 2O.-Cotton closed quiet;
| middling $3.50; pts 222 bales; shipments
466 bales; sales sac bales; STOCK "a $40 bales
CHARLESTON, April 2O.-Cotton closed quiet;
mldding s169S9sc; net receipts 1,e64 bales,
| gross 1854; sales 40 bales; stock 26,629 bales.
ATLANTA, April 20-Cotton closed steady;
middling s55c; receipts to-day l. bales.
Nav YORK, April demonstrated net re-
exports, TO Great Britain 1859 bales to France
ISL bales, to the continent 26!9 bales stock at
all American ports 539 391 bales.
GRAIN AND PROVISIONS.
NEW York. April 20. noon.-FIour quiet and
| firm. Wheat active and strong. Corn quiet
anu 0rm. FORK Quu and steady at VIZ OO00
| IA o.. Lard quiet and steady at 81 Is, Freights
easy.
New York, April %, 500 p. m.-Flour,
southern, active and stronger; common to fair
| extra, 81 1904 IS; good to choice, extra
81 $500 25; superhne "a OO04 80; buckwheat
flour, go 25D2 IS. Wheat firm and higher
No. red. cash. 81 2200l IS in elevator;
afoat, 81 2o01 30s4c; options were unusually
excited and drifted almost steadily to advanced
figures, gain for the day Of 2}4039sc and
closed strong The activity and strength was
| orders caused the pressure to cover with the
wild western markets and further reports
Of poor Drop prospects in France and
delivery 81 2l76 June delivery 81 %: July deliv-
cry 81 80; August delivery s.; September de-
livery 81 1895 Corn duh and weaker; No. 2, cash.
821s2}bc in elevator; aaoat, S3149o4c; ungraded
mixed, 7SDs2c; steamer mixed; 77@79c;
options are. A0Ssc lower; April delivery
CT May delivery size June delivery 75S4c;
July delivery, 769sc; August delivery C.
nrmer; April delivery 6sI4c; May delivery
No. . spot, red, ea16D4c mixed western
2l882c new 4S@4sc; state, common to
choice, 2I032c. Coffee-Options closed quiet;
April delivery Il 5o0l7 60; May delivery Il 500
Il S5; August delivery =; spot Rio dull
and firm; fair cargoes 2Oc; No 4 1i0
1Sc. Sugar-raw firm and active; fair refining
3 Size; centrfugals, 96o test 91sc; refined dull
A. 45ec; standard A, 4Isc eonfectioners a
7-16o; cut loaf 614c; crushed, 514c; po9wdered,
Foreign dull. 800 test, 1890 in hhds;
111Sc in tanks; New Orleans active and firm L;
common to fancy 25035c. Petroleum quiet
and lower; refined, New York So 1907 10;
in bulk, 81 4504 90; crude, in barrels, Parkers
81 10. Cotton seed oil firm and quiet
crude prime 26D27c: crude off grade 2l027c;
yellow, of grade al@321sc, Wool quiet
26033c; Texas 17024c. Hides duh and easy;
wet sailed, New Orleans selected, d to 50
ms, 1850; Texas selected, 50 to 90 ms,
| 7G18c. Provisions - Pork quiet and steady ;
prime 81 5OQ12 90; old mess, sll 750i2 rs;
| new mess S13 1904 so; extra prime
81 BOB 55. Beef active and Arm: family
hams inactive and 1rm at S1S 90. Tierced beef
dull, firm; city extra, India mess, sl60O@17 90.
Gut meats meats, firm and quiet; picked bellies
91601oc Middles dull and firm; short
steam 81 10; city ,,S8 5OD6 55;. options
a april delivery $ May Hsd delivery 2! o. June
delivery s.; refined quiet; continent 81 10
OF 90 South America $S 90. Butter quiet
at 18026c. Cheese active; light skins
5dS1Sc. Peanuts firm, fancy band picked, 40
4bc; farmers, 2k031fc. FreiRhts to Liverpool
grain 116d.
the traders on the Exchange, which prevailed
during the last half of the week, vas continued
to-day, but its influence chiefly confined to
the wheat pit. Corn and oats sympathized
with that cereal to some extent, but dealers in
provisions were inclined to run their affairs in
| dependently. The result of the days trading
was an advance of NC for May wheat and OF
234c for July, compared with the closing
figures Saturday. Cables received before the
opening we're strong. French country markets
were dearer, Liverpool 1h0A penny higher, and
cargoes were / shilling higher at London May
started at 81 10 and touched 81 1914 momenta-
rily, the result of sales by holders who had
profit in sight; but the brokers were fortified
| with buying orders from New York for that
option, and their bidding, with the failing on of
| the belated shorts, at once put the price up to
81 10, the highest figure touched Saturday.
Then it vas discovered that New Workers. had
played a sharp dodge and that they we're dis
posing of their previous purchases at an I'D
| vance. In the meatime New York men were
quietly at work in July option. picking up such
| lots of 1t as they could get hold OF without ex-
posing their tactics. July did not at once fol-
low the advance in May, and the trade there
fore began to sell it. They soon found that
! eastern people had absorbed all that tho local
crowd had sold. This caused decidedly sharp
rally. Before it had entirely subsidized Leopold
| Bloom began selling enormous quantities Of
July. g. v White & Co., and others acting for
eastern account, absorbed all Of the offerings
The market did net break. Another rally fol-
lowed, and the highest price Of the session was
made. May future did not keep pace with the
rise. July wheat started at 81 TO- sold to ST ia
to 81 l034 AMI to 81 IL all before 1890 O'Clock
| May, when deserted By the eastern contingent,
sold from 81 IS down TO 81 1917 Later, on