The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-24

steady Wheat-spot market opened weak;
closed firm; No 8 red in store and elevator
6S%c; ahoat 6S3c (. o. b. 694c; No 3 red
65sc; ungraded red 61669Ac; No. 1 north
ern 7lAc. Options opened &c. below the close
Saturday on local offerings, rallied ON cover
ing and more reassuring news from Wall
street. closing steady, A09ac net advance;
No. red, January 7GGD5l1sc, closing 7lAc;
February 7tb1Tli9c, closing T2Mc; March72B
IIhc closing 74c; May 751016Ac, closing
1880; October closed 6S-bc November closed
6S1ac; December GS S469s c, closing 69&c Corn,
dull but steady; No. in elevator 476947kC;
ahoat 4740EIac; options opened weaker re-
covered and closed &c lower to &c higher;
October i6sc. closing 46>ac; November 1850
46%c closing 46&c; December 47N68H&c,
closing 41i8c; May AS@84sAc, closing 4Ssc
Oats, spotsdull; options inactive but steady,
is61AC net advance; October closed at Bic;
November closed 34l5c; December "a s03is{c,
closing "a sc; May j02e@36Ac. closing 36hc;
No. ,. S4Gt34isc; No. . white 56is asked;
No. Chicago 20 &C; No. 3. 3i4c; No. B white
35c asked mixed western 3i6A35c; white west
ern 3t04lc: May steady. HOBS st lady Sides,
leather and wool steady. Cut meats steady
picked bellies ln4Gl)ac; pt ,klei shoulders
ih40Il &c; picked hams lOlll0ifc. Lard strong;
western steam closed at $40 u; sales 400
tterces at $40 S55Ql0 %; options sales 80
uerces at'blO 55 and 500 tierceS January at so o.
Pork hrm; new mess $50 %; prime Sl4 20
IA 70. Butter weaker; Elgins PC; Eggs
easier. MOlaSSeS steady; New orleans open
kettle, good to choice 33T3sc. Coffee opened
steady but quiet at from unchanged TO Is
points advance Trading slack throughout
the session, with very little further change
the market finally closed steady in tone Mt
from points lower to 10 points advance.
Total sales / 900 bags including: October
Il 40; December 10 60Gl6 -; January
10 356l6 40; February 16 40; March Is 056l
10 10; MAY 10 55Ggl6 20; o September Il -
spot coffee quiet and steady at 1890 for No.
hio; sales 500 bags. Other crOp-liGht col
ored Santos, No. z, at l93 spot Hamburg at
an advance of,4@h pfg sales, BLOOD. HayPe
steady, Ac advance; sales, 10000. London
81 higher to Sd lower, closing quiet.
Chicago Oct. GA badly stunted visible
supply increase bulged the price of wheat to-
day. The market closed with a net gain of
&c. Corn was inclined to heaviness, but
a heavy break was prevented by the strength
in wheat, 1t closed at q de cline Of @c for the
day. Provisions were firm and higher.
Wheat at the opening was weaker, and
prices A61&c lower than the closing figures
saturday, hut prices advanced &c above the
opening figures, eased of trthe, held steady,
and the closing was about 1sfp9 sc higher than
the opening based on the report that the in
crease in tho visible supply would much less
than calculated upon. 1t was found that there
was very LITTLE wheat for sale. Shorts, who
had proht, attempted to secure 1t, and there
was a quick movement upward. less fortunate
shorts trying, meanwhile. to stop losses. The
New York contingent, which Is supposed to
be long on big line of wheat, which now
shows heavy loss were believed to be using
the change in sentiment to bull the market,
and with considerable success.
Another feature was the active buying by
Charley" Smiths brokers. This plunger is
supposed to have sold a million or two short
on the recent bulge, and as il showed
good profit today. he was thought
to be trying to get in 1t, but as there was
little for sale, bids had to be steadily raised.
Corn-Receipts were somewhat larger than
anticipated, which caused a slight reduction
near the opening, but urgent inquiries from
the port interest, coupled with the good in
qutry from h ppers, impaired considerable
strength to the market during the early part
of the session and prices rallieu Ahlc from
q nlir ln hprn ( no INN "a
ment there was considerable pressure to sell
| temporarily and prices gradually settled back
lams6c, due chiefly to the quite liberal supply
estimated for TO morrow. At tho reduction,
there was fair inquiry and prices rallied
ls64Ac and the market ruled rather steady
at the close. In oats the feature was the
covering by shorts. The markets opened
easier and gradually became tiriner, prices
advancing AQ%c, but reacted &c, and
closed steady. Hogs were fewer than S0tur-
days s.lmate, and packers were bidding for
October delivery With no one willing to sell.
which made the marking up OF the price
easy. The close was at the top figures OF the
day-danuary pork 3oc up, October lard t2 &c,
October ribs 4Oc. Rates to Buffalo were
innate receipts for to morrow: Wheat 3l5
cars. corn 100 cars, oats $50 cars, hogs 1890
head.
Chicago, Oct. 23-Casn quotations vera as
follows Flour quiet, unchanged. Wheat
No. spring wheat 6lBC; No. spring
wheat 6i@64c; No ? red 81 &c. Corn-No. ?
29$a3ORc; No. white 28h@994c Rye,
No ,, 44c. Barley, No. >. nominal; No. 3.
A. t55c; No. 4, f. o. b., 3 01t3c. FlaYsecd,
No l. 81 %. Hay prime timothy seed
s. -. Mess pork, per barrel, &l7 509}ls %.
Lard, per iOJ pounds rio i5aSll ~. Snort
boxed IA co ~ -; short clear SIDES LoAed,
30 256li9 80. Whisky, dstlller finished goods,
per gal. 81 u. sugars unchanged. Moasss rs.
open kettle strictly prime, doc; good prime.
SD IS =; prime. S'c; good. fair, 33o; good COM
mon, sic. syrup. new. 29@32c.