The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-02

2703Gc; steady and quiet. Peanuts quiet;
fancy hand picked 4lsGg4l4e- Codes
change closed, spot Rio duli and steady; No.
z l6c. Sugar, raw quiet and urm; fair re-
lining &C. refined fairly active and trm
on 47-lt4414c; standard A 4 l3-l685c; cut
LOAF so S-l0c; crushed aA0sj 9-ltc; grauu-
lated l3-l6g5l{c Freights to Liverpool
dan and depressed; cotton steam sd; grain
Id
on wheat were weak tO-day. but there was
strong tone during the balance Of the SEES
son, the hrmer action being governed by the
strength of Orn. Deliveries OF wheat were
quite large for Sept. LIST, the fact being upper
most in minds when the market opened.
The alarm exhibited by corn. shorts banished
every other consideration from the thoughts
OF wheat traders and prompt chan re in the
sentiment was experienced, Those who
sold, endeavOred TO buy back the wheat they
had parted with, and those who we're short
In expectation that the bottom was to fan ont
Of the market exhibited marked easines@.
After prices had advanced m Oderately, and
when 1t became apparent that the worst was
over IN corn, the offerings Of wheat became
free, drop taking place as natural result.
DecemLer wheat opened from $3.50 to SIC,
sold between 81 sc and 5j5ac, closing al 56Sc-
ga sc under yesterday. Cash wheat was
az &c lower than yesterday.
torn-lhe bulls in corn we're s0rely disap-
pointed at the inglOrlOus manner in which the
market izzled out to-day. FOR that matter
the shorts were chagrlned to think that they
had allowed themselves to be frightened into
the state of semi panic that prevailed at the
opening, Wneu the price OF Sep1em Der was
lifted almost &C aboye where it closed yester-
day. The other options advanced in sym
pdthy, but did not paTtic1pate to the full eX-
tent In the gain for the current month. After
the demand from shorts had been satisfied,
ana when 1t was apparent that there was no
new buying orders on the market offerings
Eeeame larger, and as the half session was
nearing the erd, corn became a drug and
values lost all the enhancement and in add
tion declined below the nnal figures OF yes
terday. May opened from 534c to 5512c, sod
Eetween 54c and 5215c, closing at 53c-asc
higher than yesterday. September closed
~ under Yesterday. Cash corn was very ir-
prices declining &c and closing at the bottom.
Uats-The demand at the opening came
from shorts, who were emulatng the action
OF their brethren in corn. The offerings in
creased later in the session, and there was
less anxiety to buy, so that a decline took
place. The close was &C under yesterday for
May. Cash oats were firm early but later
ruled easy, and closed about 4 . under yeSteT-
day.
provisions The opening on product was
strong, commission houses, presumably with
orders to cover, doing the buying The in
centlve came from the buoyant corn market
ana from the better feeling in the live hog
market where prices were up to 10c per 10
pounds. Packers offered n3erally later in
the day, values settling back with less inter
est being taken in the market. The close was
l21Rc higher than yesterday for January pork
&c higher for January lard and unchanged for
January ribs.
Leading FIGURES ranged as follows:
Opening. Highest. Lowest. Closing.