The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-12-10

Sugar : raw. d1I but steady; fair fair
retnlng $50; centrifusals sc' test, sS<6s s-iIc;
easier; Oh A. I5-ie0Il4c; mould A. 43sc;
standard A, "a; confectioners' a, SIC; cut
loaf. Size; crushed, 5lsc: powdered. sl<c:
Foreign nominal: 56s test. iiSla IsS[c in
hhds; New Orleans fairly active and firm;
common TO fancy SSS3Sc. Petroleum steady,
S SnSss IN er Sd is 90 sSs ,s FsTI'S S 20
90 IS; Philadelphia and Baltimore
50 %; in bulk. s. 9OGs s5 Cotton seed OH
dull but steady; new crude 25b6c; crude OF
aud quiet; domestic fleece SO036c; pulled q
GSSc; Texas 160sic. Provisious-Pork quiet
and steady; new mess, g .S91O IS;
family 81 OoGi2 90; extra mess 80 OO0
10 90. Beef hams dull, steady, quoted al 3iS 90
1ierced beef inactive city extra India mess SO %
0is 80. Cnt meats quiet, steady; picked shout
Gslsc; Middles dull but steady short clear. De-
cemoer delivery 50 s006 30. Lard lower. dull;
western steam 80 IS; city 80 %; December
delivery S. SO; January delivery s. IS; February
delivery Sc 81; March delivery g. 81; May de-
livery 81 80. Peanuts quiet; fancy hand
picked 4404ssc; farmers 23461SI4o Freights
to Liverpool duh and weak; cotton, per steam
CHICAGO, Dec. q-The corn pit was the center
OF interest on the board of trade to-day, aud a
fever OF excitement prevailed throughout with
usntnllK changes ana UNUSUAL STRIDES upward.
in less than two hours from the opening the
price of December or year corn had advanced
over lie from the opening, with the excitement
and strain at times very intense. It has been
understood for some time that there was to be
bull deal In December. Short interest was
believed to be heavy, and, with little
of contract grade in store and current receipts
OF that grade light would put IL in the power
Of the longs to squeeze the shorts to almost
any extent. December closed yesterday at
1850 and started at 4s1k9ts34c today. But
ruuor got started that COdahy. Charley Wright
and few other dashing operators had got con
troll OF the market on the long side and had got
the old November clique short aud
Intended to squeeze them numerically.
shorts to buying at once, and as there was little
for sale, season of Wild excitement followed.
prices going up / and &c at q clip until coo
was paid, an advance Of 1850 from yesterday.
reactions. and going on to oSc shortly after
noon It rallied 20 SIC, broke to sac again
and closed nrm at oSI$c, Jan
1t CLOSED ct ave yesterday, opened 44IaD 1910
to-day and advanced to 45f<c, closing at 4S9Ss.
May. which closed yesterday at 4S94c opened at
the same figure, sold 20 1880 and closed at
1870. Wheat orensd rather weak on the fail
ure of foreign markets respond 20 Yesterdays
advance herr. May opened lower at sS|sc though
soon touching 90 cents. Later on the excitement
the phenomenal advance IN that t. cereal. esI
wheat became strong and May sold
up steadily to 9956c. This was followed by q
reaction, when corn weakened, and cables com
ing lower wheat weakened and May fell away to
9S96c, at which 1t closed easy. What little news
there was to influence values was lost sight Of
10 the excitement in corn. oats were quiet but
strong most Of the day, chiefly owing to the
furry in corn, and closed with an advance of
$50 for December, but unchanged for
May. Hog products were weak
on estimated receipts of hogs at
the yards being placed at 81 1000, or 5000 more
than we're looked for, with prices 80 lower
Early weakness and lower prices for products,
however, were subsequently counteracted by
the advance in corn and partial rally followed;
but the market weakened again later, and the
close was near the bottom prices Of the day
and generally at material recessions from the
closing figures Of yesterday.
CHICAGO, Dec Cash quotations were as
follows: Flour firm, not higher: spring patents
81 6S614 90; winter patents 81 5004 co; bak
ers', 81 1904 IS; straighss 81 958445. wheat
No. spring, 92lsc; No. Q red, e2Ao
Corn No, Q, $50. Oats No. 2. $50 Mess pork
per barrel, 50 S7k109 80. Lard per 100
lbs, 50 07s406 10 Short ribs sides, loose
s. 45Q6 6o. Dry sailed shoulders
boxed, 81 37I&GH4 65. Short clear, sides, boxed
S. 1923 30. Whisky at 81 IS.
Leading futures closed as follows:
TSs.Aa nagu