The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-05-22

in hhds; new New Orleans dnll and steady;
! common TO fancy 25GS5c. Petroleum was quiet
aud steady; crude In bbs.; Parkers', s. 80;
Philadelphia and Baltimore Sc 90; N bulk
new crude 29y4c bid; crude of grade &c:
steady; domestic fleece soSs8c; pulled
26033c; Texas l6024c, Provisions-Pork was
quiet and firfn old mess $40 so;
81 90. Beef dull steady: family SO so
6l0 so; extra mess dull at s. 50A8 so.
Beef hams quiet, quoted at Sl4 00@14 so.
Ierced beef inactive; city extra, India mess,
picked bellies 6s4c; picked shoulders 55S
G534c hams lO0lOlfc. Middles quiet; short
clear. May delivery at So 1000 90. Lard dull
city steam SO 90: May delivery s. 90;
June s.; July delivery s. So bid; re-
fined quiet; continent 81 0O17 20; South
America 81 so. Peanuts we're quiet; fancy
handpicked 4JSc; farmers 234GD3lSc. Freights
70 Liverpool weak; cotton, per steam, S-Sed;
grain 215d asked.
CHICAGO, May 21.-Corn sold to-day at 71c
bushel for May delivery. making one of the
greatest jumps ever known in the history of the
Chicago Board OF Trade At one time re was
bid, a leap OF exactly lie since last night. The
price did not 90 up by fractions, but by cents at
time jumping from Csc to zoe at one bound
without a single transaction between
those prices. The bulk of the trading, how
ever, was in July. Fluctuations in that option
we're not OF startling character. It opened at
47c. or lc lower than yesterdays close went to
4o94c, reached SIC, where it stayed short time,
reacted TO 4616c, and closed at 1870, net de-
cline OF sc. rumor was floating around
that P. D. Armour had been caught in May
corn. However that may be, those who
own stock of cash corn and short
sellers contracts are supposed to have
bagged the big game. Tonight,
compared with last evening. wheat is off 16c
and pork 3Oc. The excitement, though mani
fest. was on the whole less than yesterday. The
volume Of trading 10 all pits was very large.
Parties to the May corn deal are remarkably
retlcent, both those who are short and those
who are long. Shorts are naturally reluctant
to confess that they are in need of commisera-
ton, and longs are not inclined to blow their
horn while the deal is in progress 1t is asserted
that not 50 goo bushels of corn have been traded
Clearing weather, present and prospective, was
the governing influence in the grain pits and
provisions were wea er In sympathy with an
easier feeling in July corn. In wheat the feel
ing was unsettled and nervous, and most of the
advance of yesterday was lost. The opening
was l@J3Sc per bushel lower than the closing
rallied SEC, then declined irregularly lc, ruled
steadier, and the close was 11Sc lower
than yesterday. Oats were fairly
active but unsettled, and prices
had liberal range. The market opened weaker
and 1sGI9Sc lower, declined 14c more then
advanced &c, reacted 5Sc, but rallied &c and
closed easy. with net loss of 140l6c. There
was fair realizing on bulges and good buying on
breaks The provision market suffered in SYM
pathy with the decline in July corn. Those
who had bought on yesterdays bulge had their
holdings to dispose of this morning. They
were in haste to sell. and quickly knocked off a
large chunk from yesterdays advance.
Having gotten rid of great deal of high priced
stuff, the pressure to sell was realized and the
market became dull Subsequent fluctuations
were comparatively narrow. July pork opened
at $40 30, declined to $40 05, and closed at
$40 0716, or soc lower than it did yesterday.
Lard and ribs closed at decline of 1216c.
Eraights were over, with a moderate demand
for vessel room at 1$4c for wheat and 119c for
corn to Buffalo.
CHICAGO, MAY 2i.-Cash quotations were
as follows: Flour firm; spring pat
ents 81 1904 Co; winter patents 1904 40;
bakers, 90 O093 25; straiEhts 81 1904 30.
Wheat-No. spring, $3.50; No. 9 red, 80:
Corn-No 2, 45@56c Oats-No 2, 81s4c
Mess pork, per barrel. $40 0O01O 02% Lard,
per 100 Tbs, SO 271606 80. Short ribs sides,
loose, S5 96G5 9715. Dry sailed shoulders,
boxed, SIS 2515 37l8. Short clear sides, boxed,
Sc 1906 80. Whisky at 81 IA.
Leading futures closed as follows:
ODeninV HIGHEST Closing