The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-06-16

creamery, 1iIE9lSiSe; Elgins ls<c. Molasses,
hrm, foreign nominal; New Orleans open
kettle, good 70 choice 2TNS5c Dun and
steady. Peanuts quiet; fancy hand picked
4Ac. Conee-OpliQns nm. UNCHANGED TO y
points up; June 10 COOL o.; August IA $50
IA 70; October 10 45@lS 50; December l3 10;
spot Rio duh and trmer; No. T. l6ss OILS &C.
Sugar, raw firm with fair demand: fair refin-
ing 2'scs on A ls-i61ic; standard a 4l-l60
SAC; cut loaf 49g4, l'l5' crushed 4s@S l-loo;
graduated 4 1-i6eD4'sc Fre.ghts to Liver
POOL dull and steady; cotton SAD; grain Id
Chicago June I5.--lhe drought in the north
west has been broken, and wheat ueclined on
that news to-day. The enthusiasts bulls of a
week ago have taken 10 the woods or else
turned bears. Long wheat was pressing on
The market today, and those holders who
have stlu lingering hope that something
may happen to cause a recovery but are not
willing to back their hopes to too great au ex-
tent, were buying puts at prices &C removed
from the ruling quotation OF July wheat. The
opening to-day was weak. The market be
came weaker and there was but slight rally
from the extreme low point OF the day at the
close. July wheat opened AT from $50 to ISIS,
sold between So and ~ "a, closing a6a q I'M
der yesterday. Cash wheat was in good de-
mand.
Corn succumt cd 10 the rains and predic-
tionS OF rains There were many dGserters
from the ranks OF the believers In higher
prices. and those who were long OF corn,
and who felt that there was no chance for an
immediate advance, were free sellers. Tho
weak wheat market threw discouraging in
| tiuence over the corn pit, and de;lines were
generally in order. July corn opened at 4Ibo.
sold between Il &c and 40l c. closing at axe,
q net loss OF &C from Yesterday There was q
moderate demand for cash corn. Offerings
were fair, at prices ranging from SO to 4 .
| under yesterday.
Oats made a decidedly good start to-day
| but unfortunately for prices, the weak wheat
! and corn markets were too extensive in their
| influence to permit OF their maintaining the
| strength shown early. Yesterdays trmness
/ was carried over to the opening to-day. but
| within an hour of the first trading "a decline.
] excepting for June, SGT in. = hat delivery
I closed &c higher Than yesterday. but July
4 lost &c. Cash oats were in good demand, and
| &c per bushel higher than Yesterday.
! Provisions were almost lifeless and de-
| Iended UPON the indirect influence OF gra II
4 for course Of pro- edure. The oreaing was
weak in Gcferenc3 to the de ,linein live hogs,
/ after which the speculative feeling in grain
! ruled. Packers did Rlittle buying tut not
| enough to cause any I'M rovement in tone or
! Price. luy pork closed "a c Low er than yes
terday. July lard 5@75sc lower ana July rios
&c lower The cash product market was
| quiet.
| Chicago, June i5.-Cash quotations were as
| follows: Flour was dull aud easter most OF
the late advance lost Wheat-No. 2 spring
| 5S%06Ja6c; No. 2 red b74c. Corn-No 2,
Mess pork, per barrel si2 l70l3 20. Lard
per 100 pounds, SO 6006 621s. Short rib sides
! Is 42lAG96 IS. Dry sailed shoulders As 63tF0
| ; sTh; short clear sides, IS 621sd6T5 Whisky
| distulers', 81 Is.