The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-11

The cash quotations were as follows:
Flour quiet and easy, prices unchanged;
No 2, spring wheat 55056c; No. red, 591z
G60Ac; No. corn, 20Q20l4c; No. 2 oats,
15A0152sc; mess pork, $5,65d5.7O; lard, $50
G3.271k; short rib sides, $S.15Q325; dry salt
ed shoulders, s3.759400; short clear sides,
$3.50Qs.621z; whisky, $1.lS.
Cincinnati, Sept. 10-Flour. quiet and
steady; winter patents, $3.15qS.60i spring
patent, $350GI3.S5 Wheat quiet and
steady; No. 3, red track, SIC; No. 4, red
track, sic; No. 2, red, 60c. Corn quiet and
steady; No. 2, white track, 22Ac. Oats,
market steady; No. 2. white track, 2S12c;
No. 3, white track, 211sc. Pork steady;
family, $3.50; clear family $500; clear
backs, $500 Lard quiet and steady; ket
tie lard 35s63Ac; prime steam, 3.20@3.25c
bid. Dry salted meats steady; shoulders,
SAC; short rib sides, 3%c; short clear
sides. 4c Bacon steady; loose shoulders,
&c; loose short rib sides, 412c; snort clear ca
sides, 4Ac. Butter quiet and steady; Ell
gins, 1sc; Ohio and Indiana, 1214c. Whisky
steady at $1.1S.
St. Louis, Sept. 10-Flour unchanged.
Wheat higher; September 5Sc bid; De-
cember, 6llkc. Corn higher; September,
1SAc; December, 1910 bid; May, 223sc. Oats
higher; September, 171sc; May, 1916 Pork,
standard mess, new. $3.50. other articles
unchanged.
Baltimore, Nd, Sept 10.-Flour dull and
steady, unchanged Wheat steady, spot
and September, e01k060%e; October, 61z@
614c; December, 63ssG633sc; steamer, No.
2, mixed, 5515c; southern by sample, Goa
621hc; do, on grade, $4,000. Corn, steady;
spot and September, 24ls62424c; October,
25Q251hc; new. or old; NoveFpper and Deeern1
Der, 26G26Ac; January, 27d27lc; steamer
mixed 20Jk120Ac; southern white and yell
low. corn 26627c. Oats weak No. white,
24625c; No. 2 mixed, &c. Rye weak; No. 2
nearby, 35G36c; No. 2 western, S6G37c. Hay
steady; choice timothy, $13.00Ql3.50. Grain
freights firner. steamer active. Steam to
Liverpool, per bushel, 4d.
Hubbard Bros. & Co.'S. Cotton Letter.
New York, Sept 1O.-Hubbard Bros. &
Co.. in their weekly review Of the market
say of cotton: 1T is difficult to express
the change which has occurred in the
opinion of the trade regarding the size of
the crop and the probable course of prices
A material reduction In estimates has re-
duced the general estimate to 100000
bales or below, a feature in the situation
entirely unexpected even by those who
expected an improvement in values based
upon a much larger crop. If the ultimate
out-turn of the crop proves this estimate
to be correct cotton will advance to such
q point that consumption will be checked
as It Is clearly impossible to supply the
consumptive demand for American cotton
from a crop of this size and there exists
no reserve supplies upon which to draw to
offset this deficiency in supply. A reali-
cation of this fact is the basis of the
strength of the market.
"While many who were unwilling to ac-
cept our opinion earlier in the season are
now looking for a material further adj
vance in face of a crop movement, large
as compared with last season, only few
are to be found who expect any increase
in the yield as a result of the rains in
August, though occasionally some one
asks whether there may not be an i'm
provement in the Mississippi valley SINH
lar TO that which occurred i'm 1891 and add
ed so materially to the yield of that sea-
son. 1t is believed by the trade that he con-
tinued bad accounts of the crop will bring
the European spinners, who have hereto
fore been 10th to credit these reports, into
the market as buyers, as the exhausted
condition OF the stocks of cotton in for
eign markets is becoming a serious prob
lem in the situation.
Our American spinners are beginning
10 show signs OF uneasiness. but they are
without the good trade demand enjoyed
by the European manufacturers and are
in a quandary as to their future policy, as
with cotton and cloth at present prices,
each yard Of cloth shows loss"