The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-01-12

India mesa S17 90. Cut meats aetive and strong;
picked BELLIES i0l80l024c; picked hams 12a4cA
1910. Middles easy; short clear i09sc. Lard
quiet and lower: western steam closed at Si09o
refined quiet. Freights to Liverpool moderately
active and steady.
CHICAGO. Jan. i1.-wheat opened 1sc higher
and reacted to s014c. Corn opened unchanged
at 473kc for May delivery and advanced TO
46$GD47c. Pork opened l0c lower at $40 90
for May delivery, declined TO SIS 65 and re-
$40 IS for May delivery, and declined SO IS.
CHICAGO, Jan. 1.-THE wheat market started
where it closed on the late bulge yesterday,
791Sc with no offerings and Kennel Schwartz,
brokers. trying to buy. The shorts hustled the
price up to 79I5c Here the longs let 20 some
what. The crowd took it and put the price to
1880. Partridge and others sol heavily to
check the advance. The price went back to
1850. but quickly rallied to SOC. Buying here
was redoubled and the price went to 603sc and
back to SO14o. Some private cables reported
Liverpool ID higher. The buiI feeling returned
the third time and the price went to S01Sc, with
o slight reaction to 801Sc. Later messages con-
frmed the bulish feeling abroad and about
midday the May price touched SIC, with the
market sctive and strong at Soc an hour before.
Large sales OF low grade cash wheat
at &c over Mondays prices were reported by
elevator people and this encouraged the bulls.
The market brosdened and strengthened, and
in the late buying May rose quickly from SO1%
TO $3.50 at the highest point, with the close ac
size, Corn attracted a fair amount of atten-
ton and though the market was not what
might be called active at any time, trade as q
whole was slow and inclined 60 drag. The mar
keU opened at yesterdays closing prices. Of
ferings at the start were light. though initial
trades were at yester lays final quotations. The
market soon afuerward gradually advanced
sc, but at 41c for Nay sellers were more nu-
&c; advanced 14@3sc and closed
with 5s6Aa4c gain. Oats attracted much more
interest than yesterday The market opened
with good demand at q fract ionsl advance
over yesterdays close and sold up afterward Il
QnZc reacted, losing the advance buiged sc
and closed with 35D14c gain. There was a re-
action in the provision trade from the very
strong market OF the previous days. The re-
ceipts of hogs Increased very materially and the
edge was of tn market st the yards The So
called bull clique operators were letting the
market alone. When the market broke little
stop orders brought out considerable product.
The impression was quite general that the mar
ket had been TO the top. unless hogs go higher.
Provisions closed about 100 over the bottom
price for the dsy. This was decline from yes
terday's prices of 55c in pork. !5c in lard and
but 2LSc in ribs.
CHICAGO. Jan. Ii-Cash quotations were as
follows: Flour slow; sales about at former
quot atoms. though holders asking l02l5c more
on standard grades. Wbeat--No. 2spring 151&c;
No. 2 red 761hc Corn--So. 2 421zc. Oats-No.
Sic: No. while, 36c t. o. b.. Mess pork
81 rs. Lard $40 so short rio sides, loose,
g. & az 20: dry salte shoulders boxed, % 62J1
40 Is; short clear sides, $40 i5@i02j Whisky
at 81 IS.