Savannah morning news. [volume] (Savannah) 1868-1887, 1885-07-08

great depression early In the session. with a
strong recovery. Later in the day there was
oo eteauy opening, due to the decrease OF Sou,-
wv oushels IN the visible supply, out ouer-
lhgs soon became very large, and the prevail
ing temper of the market was extremely
Oearlsh. Large lines of wheat were thrown
on me market, and weakness appeared very
marked The bears hammered prices Vlgor-
ously, Offering $4,000 and 100000 lots, under
VVich August options touched S11Sc several
siilnes Whue cash No. spring wneat at one
lime was nomlnally S514c. Timld holders us
prayed numerous evidences Of their fright
anu threw their holdings overheard. The &C.
Casloh Tor ali this alarm was not exactly APP
parent, and it was generally ascrl0ed TO an
organized bear raid without any especially
depressing news of any kind at hand. About
noon the tide turned slightly, and, with the
greater number of outside buying orders ana
Udu news from harvesting sections, prices be-
gan 10 rally slightly. The market gradually
began to display such strength that the shorts
became alarmed, and buying gradually be-
came general. All the decline of the morn
ing was recovered and the market closed on
lhe regular board sc over yesterday, with
Iuflher slight advance of Sc at the afternoon
session, as the result of harvest in Tennessee.
1T was asserted that the yield would not ex-
ceed four bushels to the acre, and reports
from kentucky and Missouri were no better.
Corn sympathIZed with wheat somewhat ana
ruled lower early, but reacted and closed
stronger. Receipts were large, but shipments
continue free, and, with hight stock5 on mana,
there dld not appear to be any strong lncll-
nation 10 bear prices. There was an IN
creased speculation in near options for oats,
anu July closed 1SC higher than yesterday,
while new crop features showed no change.
provisions ruled moderately active. PORK ad-
yanced l0c early, fell back i32@lOc, rallied
again and closed steady.
CINCINNATI, July Flour dull; family
81 2O,g 90. Wheat heavy; No. red, 9lc. Corn
sIrongers No. mixed, 491aG4s4c. Oats 1rm'
No. mixed, 34034}2c. ProVlsiOns-POrk
dull at $40 so. Lard easier at 25c. Bulk
meats dull; shoulders soc, short rib 26c.
Bacon weaker; shoulders 25c, short rib csc,
short clear 45c. Whisky In fair demand at
81 ID. Sugar firm: New Orleans 5G6c. Hogs
firm; common and light So 5000 80, packing
and butchers So 90(04 40.
BALTIhoRE, July z. noon.-Flour closed
quiet but steady; Howard street and
Western superGne IS OOG8 40, extra 50 500
%. family "a j0l95 %. city mills superdne So %
(g8 so, extra 50 1904 90, Rio brands 81 90(95 90.
Wheat-southern steady; Western lower put
more active; Southern. red 92(D9Bc, amber
81 00G1l OIL; No. ! Maryland, 97O97hc; No. 2
Western winter red, on spot 9l1a@9214c. Corn
Southern steady; Western lower and dull;
Southern. white 6l(g62c. yellow 5tc.
LOUISVILLE, July Wheat dun and lower;
No. red, 95c. Corn quiet; No. white. 55(g
56c. Oats-No. mixed, 35c. Provisions steady
BacOr8cear rib sides S5c, clear sides ACC,
shoulders SOC. Bulk meats-clear RIB sides
5 25c, clear sides 75c, shoulders 25c. Pork.
mess SO IS. Lard, choice leaf SC. Hams, sugar
cured 00G9 SOC.
ST. LOUIS, July 7.--Flour easy and un
red, cash 35sCg94c, July delivery 94094sec.
Corn opened lower, rallied, and closed &c
above yesterday; No. mixed, cash 400
1870, July delivery 443s94454c. Oats, cash
and July higher; No. mixed, cash 320Q3219c,
July delivery DC. Whisky steady at$l IL. Pro-
visions dull and lower. except FOR bacon,
which is firm: Pork, $40 70. Bulk meats
long clear 20c, short rib DOC, short clear
Soc Bacon-long clear 621aG5 66c, short rib
5 S5(15 Soc, short clean 5 S5(G6 O0c. Lard dull;
30c bid for small lots.
NEW ORLEANS, July 7.-Cchee hrm; RIO
carg0es. common to prime. 7]4lG934c. Sugar
quiet but steady; of white 69sc. Molasses firm
and scarce; common to COCO common l1@22c;
prime to strictly prime 26(933c. Cotton seed
oil dull; prime crude 2S19(029c.
NAVAL STORES.
LONDON, July Z, 5 100 p. m.-spirits turpen-
tine firm; spot Dos 3D.; July and August de-
livery 29s Sd, September to December 29s Sd.
NEW YORK, July Z, nOOn.-Spirts turpen-
tine firm at 3S@3S13c. Rosin firm at 81 200
! 221S.
500 p. m.-spirits turpentine firm at SSIzc
ROsin steady at 81 POOL 2215.
CHARLESTON, July 7.-Spirits turpentine
firm at 35c. Rosin-strained 9713c, good
strained 81 05.
WILMINGToN, July 7.-Spirits turpentine
firm { 35Izc. Rosin dull; strained 90c; good
strained 95c. Tar firm at 81 10. Crude tur-
pentine firm; hard 81 10, yellow DIP and Vir-
gin 81 80.
NEW YORK. July 7.-Messrs. Dan Tai
IMAGES Sons & Co. furnish the following report
of the rice market: in rice good trade de-
mand continues. Stocks of both domestic and
foreign are much reduced, and prices, with
out change, rule strong. The quotations are ::
Carolina and Louisiana common to falr AZ
0514c, good TO prime 5AGG6c, choice $50
$40, fanny head 65sG7c; RangoOn 45sG434c
duty paid and 2180234c in bond; Patna 800
SC; Java 53s(d55sc. Their Charleston dispatch
gives the Carolina crop movement to date,
as follows: Receipts 71,0lO bbls; sales 70,1l0
bbs; stock 500 bbls. The market was steady
and demand good"
CHARLESTON, July Market dull and un-
changed: sales ITO barrels.
NEW ORLEANS. July market quiet I;
Louisiana. ordinary TO prime 49st155sc.