The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-03

changed. Molasses. firm. unchanged. Pea
nuts, firm. Coffee, steady, points down
to points up: July, 1A.20d1f.3Jc: August,
4.9Oc; September, i445c; October December
H.40c; spot Rio, quiet, steady; No. Z. -l5a4c.
Sugar, raw. more active, steady; fair re-
fining, l3-l6c; centrifugals. 96 test, 3i4c
refined firm unchanged Freigbts liver
pool, grain more active and steady.
Chicago July 2, noon.-The market open
ed for wheat, July, bSSsc. Corn, July, 449sc.
Pork, July, Sl2.2O. Lard, July, $3.50. Ribs,
July, S6.S2ia.
Chicago ILL.,. July 2.-Wheat prices to-
day were stronger than would naturally
be expected, in view of the tenor Of the
news. In the first place. cables We're
not strong. II was not supposd they would
be, however, considering the weakness
which was shown on this side yesterday.
Then the shipments to European
importing countries aggregated s.
10000 bushels. Because these ship
the bulls found some encouragement at
the opening, but, after thinking the mat
ter over and comparing them with the
requirements, 6,700,000 bushels, they did not
believe the ca I'd exactly a bull one. A raid
that was made on corn about the middle
of the session was not a good thing for
wheat either, and the low point of the
session was established about that time.
Bradstreets reported only $50, COO bushels
decrease in the worlds visible supply; the
announcement as usual, being made
promptly at noon. Prices had recovered
a little at that time, but they again fell
away temporarily. During the last hour
there was some covering bN shorts. Whlcn
had the effect Of stiffening the market up,
the close being slightly higher than yes
terday. There was very few outside or
ders in the market at any time, local scalp
ers doing the most of the trading Sep
TENDER wheat opened from 7lssc to 7lssc,
sold between 7O1ac and 715sc, closing at the
latter-3sdi2c higher than yesterday. Cash
wheat averaged steady, the close being
firm with the futures.
Corn received a shaking up during the
morning at the hands OF a commission
man, noted for his raiding abilities, as
sisted by brokers who were acting for a
local professional. The weakness which
was caused by the hammering caused a
decline of almost cents in prices and
carried the other grain markets along
with it, The demand was of no impor-
lance and unable to resist the declining
current After the pressure was removed
however, a partial recovery was made
but in the end there was net loss in
values Bradstreet's report-a decrease in
available supplies OF 605,000 bushels.
oats were quiet The action was of
subdued order, prices relying on corn
and wheat, mainly for their motives and
inspiration. When the slump took place in
of oats, but 1t was not persisted in when
the decline was checked. September oats
closed sc under yesterday. Cash oats
were &c per bushel lower, closing steady
Observation-Disclosures in products confess
that they are a little mixed on the situa-
ton. The hog receipts are not large, but
prices at the yards are not exceedingly
strong The market to-day opened firm
but the weakness of grain had considera-
BILE influence and prices yielded TO II in
some degree. There was only a scattering
business and no outside orders. At the
close September pork was PIC higher than
Yesterday, September lard 7i5c lower, and
September ribs 212M5Ihc lower. Domestic
and foreign markets were quiet and
steady.
Leading futures ranged as follows:
Opening Highest. Low est. Closing.