The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-08-07

middles nominal. Lard quiet and frmer:
western steam 81 80 asked; city 81 90. Sep
TENDER 81 50; refined firm; continent 81 10;
South American IS 90; compound s6OO16 p.
Pork quiet and 6rmer; mess $li 5 dl5 co:
extra prime Sl3 00al3 So Butter quiet and
steady. state dairy l5021c; state creamery
17G92'c; western dairy, l5&0l6c: western
creamery 1i923c: Elgns pc Molasses. for
elgn nominal; New Orleans open kettle, good
to choice 27GS7c. quletand steady. Peanuts
firm. Coffee-options easy and unchanged to
20 points down; August 81 20; October Sl3 Is
@l3 80 November SI2 55012 s.; December Sl2 30
Il s.; spot Rio dull and steady; No Z 1870.
Sugar raw. steady and dull; fair refining
ll-l6c; refined quiet and steady; off A 40
5-l6c. standard A 7-l6Q43Sc; cut loaf q
0i5-l6e crushed 5-l6c; graduated 7-l60
44c; cubes l-l66Bc Freights to Liverpool
nominal cotton steam 5-64d asked grain Id.
Chicago, Aug. 6.--An explanation OF to-
days advance in wheat may he found in the
nervous. strong and excited corn market,
No attention was paid TO wheat news even by
the operators in that grain, The larger pit
showed an exodus TO the literally speaking
smaller ones. A gain of q OF cent over
saturday was made IN the price, despite &C
tive opposition from q high roller and regard
less ofheavy receipts September opened at
Sic, touched 53%054c. advanced with
some fluctuations to SOC, and closed at 54sSc
with the grain above noted Cash wheat was
in good demand. with prices 4 9 higher
Corn-All the interest on the Board of Trade
floor centered III this grain to-day. The most
enthusiastic bull had hardly expected prices
since the advance began, several weeks ago.
has there been anything but tn = most modest
sort of re action, and at the close to-day there
was but moderate recession from the out
side figure. September is practically cor
nered, not as the term is usually applied to
manipulated Squeezes, but naturally speak
ing. The stocks are light. and the contracted
grade at Chicago, which is small is nearly all
owned by one man, who has not made the
least effort to engineer a sensational bulge,
and there is good-sized short interest. The
May option as indicating the new crop deliv-
cries was also strong, the continued drought
in Nebraska and Iowa with an expected large
decline in the average condition by the state
statlstlclans, and the fact that no indications
of rain are yet given by either the Washing
ton weather bureau or Dy the Local observer
were the reasons for the tone. There were no
cables. September corn closed Sac higher
than saturday. May opened from 1880 to
4IAc, sold up TO 4914c. closing at AS SG149-25sc
higher than Saturday. Cash corn was strong,
selling at the same price as wheat, an advance
over saturday OF l19c per bushel,
Oats were strong with the feeling coming
from corn. September oats closed %0lc
higher than Saturday. Cash oats we're quiet
and firm. Prices were Nc higher.
Provlsions-In part with the strength in
grain and from bond of sympathy with the
steady hog market product. although not by
any means active, was nevertheless firm
Prices closed higher all around September
pork and lard with gain of sc each on Sat
urday last figures, anu September ribs nc
over that day. Business was light all through
the session, and there was but little IN the
market.
Leading futures RANGED as follows: