The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-11-28

features were stronger tone OF cables aud gen
eral snowfall throughout the northwest. which
IL was thought would restrict farmers deliver
les. Purchases OF operators acting On this the
cry put the price up during the first hour 20 sc
for December. AGAINST 92lSc &C The close on
Wednesday. and 20 ss1sc for May. against s9l<c
houses turned sellers. probably on early in
formation of the Field Isndey failure in New
York. Under this pressure December raised 20
92tSc and May 70 93lSc The market held steady
around these figures for a time. but hardened
again during the last hour on a report that the
cold wave threatened damage 20 winter wheat.
December Advancing 70 %; aud May
during the rest Of the session. and.
closed at the top for December. but sc lower
for May. Trading throughout the session was
very lgnt. Outside OF November corn, which
Is evidently on a manipulated basis. the market
for that cereal was strong duria6 most OF the
session. December opened at 47g8c, an advances
Of l4e, sold up to 4s14e, broke 10 4I9sc,, on
failure, but rallied later and closed at
414c, gain of Nc. While there
are no apparent reasons why the November
deal should be abandoned, and no evidence that
II has beeo, the price OF that future which started
~tth bulge OF lc, was allowed to lose all OF its
appreciation and % more at one time during the
session, closing with a loss of lc compared with
Wednesday, last figure. The September corner
or :. V. White, which drained the country OF
Us reserves OF contract corn, and the
fact that there is little or no contract grade as
yet In the new crop, have made the rGnnlng of
this corner comparatively easy. The clique
which IS running tho deal ia not definitely
known, but the names Of Patton Bros. Bart
lett y Frazier. Edward Andrews. Charles Arm
strong and Arthur Orr are connected with IL by
the trade. The deal has been very smoothly
and quietly worked. aud profits To the clique
are estimated in some quarters as high as $780,
w. This however, is mere conjecture
as shorts and the amounts they need
70 square their deals are unknown
The known fact L. that November
corn, which I'D week ago at sec, opened this
morning at soc, the figure at which one lot
changed hands. Then the price broke steadily
| and with very few transactions 70 7Sc, and
| closed at G4c, against csc at the Gloss on
Wednesday. ASIDE from few shorts and mem
| bers OK the clique, nobody paid any attention
| to IT, Seldom IL ever In the history Of the
board has iiuctuation of &c in the price of any
grain on the market in single day attracted
| so little attention. Oats were steady and
| showed little change from Wednesday figures
| Fluctuations In hogs products were narrow and
| the close shows moderate advances for the most
| of the articles dealt in
| CHICAGO. Nov. 27-Cash quotations were as
follows: Flour steady, unchanged; spring patents
| 81 G)@6 90; winter patents 81 5O@D4 co., bak-
ers', 81 1904 q5; straights 81 $500 10. Wheat
| No. spring. 99Isc; No. 2 red, 9sc.
Mess pork, per barrel, IS 4SQs 80. Lard.
per 100 lbs, So 12JS06 is. Short ribs sides,
loose, IS 66Gt5 So. Dry sailed shoulders,
| boxed, 81 i2ISGD4 2J. Short clear sides. boxed,
| So 0006 o. Whisky at 81 Is.
| Leading futures closed as follows:
1 Op0ninQ. Highest CLOSING