The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-24

inal; refined New York. $3.50; Phnadel-
phia. @f5f do in bulk, $5.95d6.Ol. Ricc
44@ 4iZc; japan, iiac. Molasses nomi-
nal; New Orleans open kettle good TO
choice, 26a32c; steady, fair demand. Pea
nuts firm. Coffee steady. 56flj points up:
May, l445c; July and September. 1880
l5.Wc; December, li.50Gli19c; spot Rio,
steady No. Z, l6c. sugar more active,
firm; refining, Sc; refined quiet, steady,
Oft a. AsQ4ssci standard. A, : 7-l6al9sc;
cut loaf. 1-l6N5Ac; crushed, l-l6a54ci
GRADUATED, 4 7-l6afl4c. Freights to Liv-
erpool, grain lower; cotton steady; cot
ton, 5-6id; grain, r4Mliad.
Chicago, May &.-The market opened
firm. Wheat. July, Siisc; pork. July, 81. 72Ia;
lard, July. $50; ribs, July S6.322.
Chicago. May 23.-After the most excited
market in years, wheat closed liac higher
to-day than IT did yesterday. Yesterday
afternoon, after the close, and this morn
ing, before the opening, the curb was
from -, TO 224c higher than the last pre-
Nious official quotation. This strength
was the result of rumors of the financial
embarrassment of J. G. schwartz. a heavy
professional operator. He denied that he
was In difficulty, but his failure to mar
gin his trades this morning, obliged the
houses with whom he had open trades to
buy in his wheat. The sentimental effect
of this, the first failure among the shorts
on the present boom, was instrumental in
causing further strength. Many of the
big professionals are said to have turned
bulls within the last few days. crop eX-
perts whom they have sent out confirming
the reports OF serious injury to the crop.
July wheat, which sold on the curb at soc
this morning, advanced later to SIC The
fluctuations We're quick and wide and a
nervous activity was noted During the
last ten minutes the market became weak
ana panicky Offerings met with no re
sponse from buyers and July wheat,
which had been moving around Size, broke
TO 7Si2c within five minutes There was
very little wheat sold on the break. the
demand being so light that sales could
not be effected. July wheat opened from
soc to Sic, ranged between 7Si5c to SIC, clos
ing at 7SAc-lRc higher than yesterday.
sample wheat was 4c a bushel higher
Corn advanced moderately but no effort
was made to keep pace with wheat. Much
OF the interest that is usually found in
corn had drifted over to wheat, but even
with these desertions there was a fair
days business. July corn opened from
55l3c to o5$4c, sold between 55c and Sc, clos
ing at the inside, 4c higher than yester-
day. Cash corn was lzc per bushel higher.
oats We're quite strong. The strength
in other grains was still prominent and
the shorts began to display some nervous
ness, so that prices in this usually unde-
some CELEBRITY. July oats closed at 3i3ac-
lasQll9c higher than yesterday. The Sep
TENDER option was very strong Cash oats
were lc higher than yesterday.
Provisions-The packers were sellers OF
product to-day, and the buying orders gen
orally from the country. The strong wheat
market tended to help prices at the start,
but the hog receipts were large and prices
at the yards were lower, which Offset the
pork and lard was Toe lower, and on July
ribs 7l5c lower.
Leading Futures Ranged as Follows:
Opening. Highest. Lowest Closing