The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-05-24

steady.
SEE YoRk. May %. 500 D. m.-FlOur. south.
81 ssS5 IS; sapesSns q oSaa 50: baek%Ssst
nour, Ss 900 s.; Wheat Ix9lc lower and weak;
3 1901 Il aiioat; options declined early lsG
80, Chiefly May. ADVANCED A4i1sc and
closed 4gesc under yesterday; No. red. May
cry 81 OBS; August delivery e; Septem-
Der delivery 81 035s Corn moderately active
and steadier. No. 2. cash, 57G67ISc in elevator;
osG6slfe afioat: ungraded mixed, TO976c;
steamer mixed. &c; options are 1e51isc lower on
favorable crop news: May delivery SIC;
June delivery csc; July delivery 59ssc; August
delivery C; September delivery C. Oats
dull aud lower; options fairly active and
weaker; May delivery 4sc; June delivery C;
July delivery 4734c; August delivery &C; No.
2. spot, 4gl4I5Ol8c; mixed western. 47G53c.
Hops quiet and firm; Pacific coast 2jGs2gfc;
new sS9tec; state, common 70 choice. 2l13sc;
Conee-Options opened irregular. unchanged
70 IS points declined closed steady l06aO points
down; May delivery Il 551E IS; June delivery
delivery 10 s5916 95; spot Rio dull, steady; fair
cargoes 20c; No. Z. 1slSG1SSkc. SugaT-raw
quiet aud frmer; fair refining l5-I6c;
centrifugAls, 90 test st493 5l6c; refined dull,
standard A, ~: confectioners' 4lsc;
cut loaf, 54c; crushed. 554ci powdered.
$s4e; graduated. 1904 3-l6c; cubes. 45sc.
Aolasses-Foreign dull ard nominal; 5O' test,
1sc in hhds; New Orleans quiet and firm;
common to fancy sSGS5c. Petroleum quiet
and steady; refined, New York. s. %;
Pniladelpsia and Baltimore S. SOY 10:
I'm bulk, "a 6094 65. Cotton seed oil duh and
steady; crude prime 029c: crude OF grades
25G9c; yellow on grade 35IS 935c. Wool
steady and dull; domestic fleece S4037c:
and easy; wet salted. Me-; Orleans selected.
IS to 50 Ds, 79sc; Texas selected, so 60
% Ds, IGSc. ProvisiOns-Porkq quiet and steady;
prime sll 5O92 90; old mess. 81 COO
prime sl1 5O0l2 rs. Beef firm. duh: family
Sll 6O0i2 rs; extra mess 50 5O0lO 90. Beef
hams firm and dull. Tierced beef firm and
unchanged; city extra, India mess, si7 600
bellies SIC: pickeled shoulders SIC; pickeled
hams 940lO9sc, Middles firm and quiet;
short clears 81 90, Lard duh and easier;
optiOns.-May delivery IS 81; June delivery g:
September delivery s. 9as<; refined quiet; con.
Butter quiet at IsG25c. Cheese active;
light skins 50s1<c. Peanuts firm; fancy
hand picked, 4I4c; farmers, 2lk93l5c. Freights
10 Liverpool about steady and quiet; cotton
per steam, 56.G3-32d; grain i6I1I4d.
CHICAGO. May 23.-The bears scored a signal
victory and were in supreme control OF the
market from the start. So much long wheat
was thrown overheard at the opening that it
put the bull party at great disadvantage all
the day. This wheat went into the hands of
the people who did not want it, except as am
munition to use on any bull party that was dar-
ing enough to attempt rally. Wheat left of
at a decline OF nc, corr dropped &c and
pork size. The weather was the all important
consideration. The brilliant weather following
the recent heavy and general rains made the
crop outlook good. which the ordinary bear
seemed willing to bank on TO his last dollar
The wheat market opened very weak, with sell
ers so eager to dispose OF thsir property that
terday's closing prices Composition to get rid
of it, however. was so Keen that it could not be
absorbed in sufficient quantities or fast enough
to suit the unhappy holders, who underbid each
other until $3.50 was the sellers asking prices:
thus in about one minutes trading lLc was
Topped OF the price. The price once being down
could not be lifted again, at least not over ISc
per busbel or so. July sold on the first de
| cline to $3.50. and did not subsequently get
above 9914c, and il closed at 9S55c. Good &C
counts from the corn fields and liberal receipts
were the influences under which corn dropped
2lAc and closed with q decline There were sell
ers at the opening in July from 531zc down to
| 5e94c, recovery TO 5314c. aud then steady de-
cline set in, which continued until 5l16c was
| reached. Covering by shorts again carried it
| up to SIC, but it closed weak at 3iLl5lIkc.
There was big slump in pats at the start, par
| ticularly July futures. The opening for July
| was at 420542l4c, but inside OF a minute it was
selling at 4lc. There was a reaction to 415Ec,
| only to b. followed by another decline to Ale.
The close at 41asc indicated loss of 1asc since
yesterday Long cats came out in large guam
titles and the selling was heavy. Crop prospects
ara still unfaYorable. but receipts continue
heavy, causing weakness in the cash market.
There was considerable activity in the provision
market and much lower range Of prices. Long
stuff came out. The weakness was due TO SYM
/ patty with corn. There was a slight reaction
| from the bottom prices. but the market left of
weak. The decline in pork amounts TO 37Ikc,
| and in lard aud ribs to iOc. The estim ated re.
| ceipts Of hogs for Monday are p 600, and for
| the week. 10000.
CHICAGO. May 23.-Cash quotations were as
| follows: Flour quiet; spring patents s. 600
/ 50; winter patents IS O00 %; bakers
| No. spring. 81 O3: No. =, red, 81 O5. Corn
| No. 2, 55c Oats-No. 2 4514c. Mess pork,
per barrel, $40 $500 90. Lard, per 100 lbs,
1 So s2ISI6 %. Short ribs sides loose, s. 75f
s.. Dry sailed shoulders, boxed, IS COOS 10.
Short clear sides. boxed. s. 2006 30. Whisky
at 81 I6.
Leading futures ranged as follows: