The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-04-19

yellow on grade 3lI321kc. Wool quiet
259ssc; Texas l7924c. Hides duh and easy;
wet sailed New Orleans selected. = 70 50
Ds. 79sc; Texas selected, 30 to co rs,
prime 81 5O9l2 90; old mess 81 75Gi2 %;
new mess Sl3 75Gll Do: extra prime
81 750l2 .. Beef active and firm; family
$40 OO0I0 so; extra mess g. 2597 IS. Beef
hams Inactive and firm at 81 So Tierced beef
duh, firm; city extra. India mess, Si600G17 90.
Cut meats firm and quiet; picked bellies
SIC; pickeled shoulders SIC; pickeled hams
sl19loc Middles dull ami firm; short
steam 81 IS; city 90 6O15 20; options
April delivery s.; May delivery g. Il; June
delivery q; July delivery 81 As; August
delivery 8 57i refined quiet; continent g. 10
o. 40. South America IS OO. Butter quiet
at lSlt25c. Cheese active; light SKINS
5GH5c. Peanuts firm, fancy hand picked "a
41sci Iar ners, 2,5D31Ss. Frelghts to Liverpool
duli and easy; cotton, per steam, 3-3267 cd;
grain I'D.
CHICAGO. April ls.-It was a lively day on
Change and great day for the holders of
giants fought long and stubbornly the contested
battle to decisive finish. The result was dis
astrous to the bears, but highly profitable to
the bulls. Enormous transactions which
showed tremendous losses. were evened up.
one commission firm bought in a line of S00000
bushels OF May wheat, which was sold short at
lec below the price at which it was purchased
to-day. and some of it was bought ct CSC above
the price at which it had been sold at. So far
as known only one of the great traders, who IS
nearly always to be found on the bear side of
the market, refused to haul down his coors and
surrender. few minutes trading were eXcit-
ing, but merely preliminary to the great strug-
gle or the day, which continued with gradually
increasing herceness for an hour, May aivanc-
ing about SC in that time, although millions OF
bushels we're being offered at heavy advance
ia the prices which had Immediately succeeded
the first few trades. Goods did MOI come out
fast enough to satisfy the urgency Of the shorts,
in hafr ion
Tor stun than it was being offered at. May
started with the first sale at 81 0934; but 81 TO-
81 lQ14c, 81 1019 and 81 II were then bid before
any came out. Before q memorandum of the
sale could be jotted down the entire crowd was
shouting in chorus bids of 81 - and in a min
ute more 81 10 was paid. Reactions Of &c were
instantaneous during the first half hour but
Jhe tendency was strongly upward until lO:30
a. m, after which tired nature and the call
price, which, by that time, bad been reached,
called halt to the advance and gave respite
70 the tortured shorts. The price, in the mean
time, had advanced to 81 II, and although some
sales were made even as high as 81 Is there
were many orders to sell at 8 l416, which could
not be executed for lack Of buyers. There was
nothing in the naws Of the day to account for
such pheLotnenal strength. Tue bears appeared
to take fright at the evidently manipulated ap-
pearance Of May futures Realizing sales by
large conservative holders here was taken as
concession that the plce abroad had been
little too hot to last much longer without
breathing spell in the shape of reaction The
closing quotations. 81 1915 for Nay and 81 O916
for July, show net gain of l9sc and CSC re
spectively. Cora at the opening was inclined
to yield to improved weather conditions, but
was detected for tlms out of It's natural course
by the big advance in wheat. 1t returned, how
ever, after the more tmid shorts had covered.
to its first inclination, and at the close was sell
ing at loss for the day of 14935c. The feature
of the oats market was the realizing by longs
who took advantage OF the high prices that pre-
vailed early to put out numerous lines. In pro
visions the market was very dull. aud looked
like going lower. but was upheld by the strength
Of the wheat market. The closing prices show
May pork nc higher. May lard lost SC of its
yesterdays valu-, and July an equal amount,
while ribs gained 2I6c for May and September
delivery.
CHICAGO, April 1S.-Cash quotations were as
follows: Flour firm and unchanged; spring
patents 81 s505 5O winter patents 81 sO65 90;
bakers s. 30Q13 IS, Wheat-No. 2 spring,
ST 1241 1872; No. ?, red, 81 1360S1 IA.
Corn, No, 2, 740741sc. Oats, No. 2, 56L4 l569sc
Mess pork, per barrel, Sl2 S7lb. Lard at So 90;
Short rio sides, loose, IS 50D6 So. Dry
sailed shoulders, boxed, S. zoos %. Short
clear sides. boxed, So 1896 50. Whisky at
81 Is.
G,aaiIn1 r.r.ir az ra11a5 ne f,IIoy,.