The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-09-23


November delivery II 950l2 90; December de-
livery :; spot Rio dull and nominal; fair cargoes
l7I<c; No. Z. l434c. Sugar-raw, quiet and
steady; fair refining &c: centrlfugais, 9o' test;
demand; No. 8. 35sc; No. B., Sssc; OF A,
404lsc: mould A. 45sc; standard A, 4l5c
confectionery A SIC; cut loaf, 51Bc; crushed.
Size; powdered. SIC; grenuiateo. 4'h84esc;
cubes. 4 7-.6c. Molasses-Foreign nominal; 500
test llSzG12c in hhds; New Orleans fairly
active and firm; common TO fancy 2S4S2c.
Petroleum quiet and steady; crude IN bols.,
Parkers' IS 90; crude in bulk. So 30; refined New
York. Sc 9O06 as; Philadelphia and BaIti-
more, IS $500 40; I'm bulk, - zoos 9o.
Cotton seed oil quiet; new crude Bic;
crude OF grades s70sOc; new yellow 36c.
3O@36c: pulled 2oD3Sc; Texas 16924c Pro
visions-Pork quiet and steady; new mess,
S12 0O612 so; extra prime 81 oe@li 80.
Beef, fair demand; family SlS 90; extra mess
at sis OOd1S 80. Tierced beef active; city
extra. India mess. SIS 0o0zO o. Cut meats
dull and weak; shoulders &c; picked
s sss sSS2e cea ssmS sS d sfass
81 rs Lard dull and weak; western steam
81 15 bid; city s. 80. options -Septem-
Der delivery 81 IS; October delivery 8? IA;
fine fancy hand picked &c; farmers 21kn
size. Freights to Liverpool strong and active;
cotton, per steam, s-lGd; grain, Cad
u
nouncement on the New York stock Exchange
and Chicago Board of Trade of the failure Of
the long established. well-knoWn ana wealthy
New York commission firm OF ) V White &
Co., with its branch house in Chicago at the
opening of business this morning, oyerShadowed
all other items OF news and caused instant de-
moralzation in all OF the trading pits including
grain and hog products. The panic was short
lived, however, and sfter partial recovery the
market became comparatively steady, though
generally at a lower range than that Of yester-
day. and the pits assumed their normal APPEAR
ance. Nevertheless the feeling was very nerv-
GUS and the tone weak, and traders a tip
toe ready to run at the first sign Of danger.
Runor was more or less busy with the names
of one CT two prominent local houses who were
known to have executed large commissions for
the broken firm, but they proved groundless.
for when the clearing house sheet came out at
noon it showed no one in default except White
& Co. Corn was most affected, as 1t was in an
attempt to corner September and october fut-
ures of that cereal that the broken firm was
forced to the wall. December wheat started
with sales at anywhere between 9S3409914c,
against 81 O05Sc at the close yesterday. but as
sales for account of the broken firm were
heavy, the market rallied gradually to $3.50.
but the feeling was nervous. and on receipt of
a cable saying that the Berlin market was de
moralized and &c lower, broke to g9c; it rallied
to 995sc broke again to 99c and closed at that
price. Corn opened unanimously excited, with
sales at all the way from 47I8c To 491Sc. against
5lasc at the close yesterday, oroSels who had
w
them out. Offerings we're immense being alb
sorbed chiefly by receivers and shippers, but
the market stood well at reduction under the
immense load of offerings, and after a time
advanced to 49I4c. The market tiuctuated for
some time between 49c and l914c, then advanced
to 4934c and closed al 1880, September, In
whicn the main deal was, closed yesterday at
5216c opened to-day at 4Sl40l50c and touched
4S1ac. but closed at 401sc Oats were quietand
weak in sympany WITH corn, but closed steady
at reduction of only 1s@Ac as compared
with yesterday. Hog products were less affect
ed than wheat and corn, as White & Co. had
only small lines in them, and after fiuctuating
within moderate range closed with insignih
cant changes from yesterdays last prices.
CHICAGO, Sept. 22.-Cash quotations were as
follows: Flour steady, unchanged; spring patents
81 971s6n4 97sz; winter patents 81 7n0i IS; bak-
ers' "a l0@4 rs; straightsS4 $685. 10. Wheat
No. spring. 959409sc; No. red 95Isc
Corn-No. 2, 40c. Oats-No. 2, 265S@27c. Mess
pork, per barrel, $40 ~ Lard, per 100
ms, SO Se1s. Short ribs sides, loose. 81 90
az 10. Dry sailed shoulders, boxed, s. e216
Ge6 TO- Short clear sides, boxed, 81 1907 s..
Whisky at 81 Is.
Leading futures ranged as follows:
Higrba nafn