The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-10-04
THE MORNING NEWS: THURSDAY. OCTOBER 4. 1888.

with the first few trades at 2is0l6c over the
closing OF yesterday and sold UP 31sc more; or,
in other words, prices were sl1c higher for De-
cember within five minutes after the opening
and the closing figures OF yesterday. Prices
almost Immediately declined &c, and then fuct-
uated very frequently within l1ec range, again
sold up 10 the top figure of the day, back &c,
and closed 2ISc higher for october, 4l2c for De-
cember and &c for May than the closing figures
of yesterday. Foreign markets were decidedly
better and higher, and domestic markets higher
than yesterday. The corn pit was the scene of
activity and confusion the entire session.
Fluctuations were wild and the cou Sc Of prices
difficult to follow, so excited was the pit. Prob
ably at no time since May has the market been
more excited and unsettled. Trade was mainly
in November, and this fuCure tiuctuated within
314c range, a ner GUS feeling prevailing regard
ing this month, and some talk OF squeeze was
intimated by several operators. which created
an active demand from shorts and evening up,
aud prices advanced sharply. The market was
governed entirely by local influences, the ad-
vance in wheat having STRENGTHENING effect,
Opening sales were 1W1lSc higher than the
closing prices Of yesterday, after which the
market ruled wild and the greatest confusion
prevailed and prices advanced in jumps of 40
1sc until an advance of sc was recorded, when
the market reacted almost as quickly declining
311c ruled very I'm ettled and closed with Octo-
Der &c and November 116c higher than yester-
day The market for oats has at last fallen
into line and followed the advancing tendency
of other cereals. a very substantial advance
being shown in to-day s range of prlc s. Trading
in futures was more ACTIVE. The demand was
good and not so much for the purpose of con-
verting shorts as in the way of speculative
purchases Mess pork was active but unsettled.
The general feeling was stronger and prices
ranged higher early. January received most
attention and large lots changed hands fire.
quently. Longs unloaded freely and the bulk
of buying was to cover shorts, The opening
sales were at 25693Cc advance January sold up
DC more, declined to opening figu es, became
irregular and advanced to previous outside
prices, bat tie market closed easy at almost
the lowest figures. Lard was moderately active,
stronger and higher. Offerings were not large
and demand ainly to covering outside con
tracts. The market opened 56D51sc higher on
active futures, advanced 2160l5c, receded
slightly and closed easy. Short rib sides we're
traded in to fair extent at higher range of
prices. The market opened at an advance of
&c on October and zoe on January, receded pc
on the former and 5@715 in the latter, rallied
slightly but closed easy.
Cash quotations were as follows: Flour much
firmer Wheat-No. 2spring 81 0a1a6o1 10; No
3 red 81 091S@1 TO- Corn-No. 2, 4iI6c. Oats
No. 2. 2419 lD25c. Mess pork per barrel, ST. rs.
Lard $l1 20. Short rib Sides loose 81 5e1SG
So. Dry sailed shoulders IS 621sGIS 20. Short
clear sides 50 25619 so. Whisky 81 %.
Leading futures ranged as follows:
Opening. Highest. Closing.