The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-08-03
GRAIN, PROVISIONS. ETC.

New York, Aug. 2-Flour neglected,
weak; winter wheat. low grades, s. J0lt3 10;
Go fair TO fancy, $3-S)a3.s0; do patents,
SiO0a450; Minnesota clear ss@Q3-50; pat
ents, s. SJQ460; low extras, S2JC $50; city
mills, S4.Qiqiz5 southern flour dull and
easy; common TO fair extra, S2DQ3.0o;
good to choice do, S3.WG3so. Wheat dull
and lower, with options; No. red store
and elevator, 7SAc; afOat, 7f4c; options
opened firm and advanced sQ4sc, declined
iiaQ1&c, rallied &c and closed nrm S4Ulc
under yesterday, with fair trade; No
red, August. 13hc; September 73lsc; Oc-
tober, 73Lc; December. 7412c; May, Tl4c.
Corn quiet and steady; easier with OPP
tions: No. 3 4S9sc elevator; is2sQ50c afioat;
options advanced sc, declined S4M5sc, raj
lied 1850 and closed firm at SsI7sc below
yesterday, with trading fairy active; aug
May 1850. Oats more active for export;
steady; options fairly active and cas-
Der. 26isc; No. white October, 2oci spot
prices No. 2, 28c; No. white 3l12c; mixed
western, 2S029c. Hay quiet and steady
shipping, Csc; good TO choice, GcqSlO5.
Wool firm and moderately active; domes-
tic fleece. 16d22c; pulled, l5QS4c. Beef
quiet and steady, SllO00l3.OO, extra mess,
tierced beef dull and firm; city extra
India mess, $l600d17.00; cut meats quiet
and unchanged. Lard lower, closed steady;
western steam, $64!a; city, 500 asked;
easy; continent, S6.S5; South American,
Sis; compound, 43445h c. Pork steady,
moderate demand and firm; state dairy
uql1l2c; creamery 1Shc; western GARY,
iOa13c; Elgin, 1s12c. Tallow firm; wanted;
city, 41sc; country, 4hq4lzc Cot
ton seed oil -, quiet and steady;
crude 24d25c; yellow prime, 842sl2c; DO
good off grade, 2Ih@27lac. Petroleum
nominal; refined, New York, $40; Phila-
delphia, $7.O5; do in bulk, $.55Q460. Rice
and molasses firm and unchanged. Pea,
nuts quiet Coffee steady and unchanged
to Is points up; August l5.50c; September
l550d1560c; October. l455n1460ci Deeem-
n Ta.u
Rio quiet and firm; No Z, l6Ac. Sugar,
raw, frmer and fairly active; fair rein,
ing, 15-16Q3c: refined fairly active ana
firm; off A, psG43sc; standard A, I-l6E
45sc; cut loaf and crushed, 1-16d5Ac;
granulated 4 7-16G43+c. Freights to Liver
pool dull; cotton, 5.G4d; grain, 13sd.
Chicago, Aug. 2, noon.-The market Tor
wheat, September 6S7sc. Corn. August.
43lsc. Pork, September $1,000 Lard, sep
TENDER, s6.22l5. Ribs, September, $9.Sl1 p.
Chicago, Aug. 2.-The wheat market put
in a hard session to-day. 1t differed from
that of yesterday in that there was no
recovery to speak of before the close.
The curb trade, before the regular OPP
ening, was at fractionally higher prices,
light receipts from the northwest, sixty
four cars being the basis for the slight
ly firmer tone. The opening transactions
were made with part OF the advance main
tanned, but the foundation Of the
strength was destroyed when the eXpld-
nation of the small movement was given.
Farmers in the section referred to are
busy harvesting at present ana, there-
fore, have no time to haul grain to mar
kdt. st. Louis had 1l1,OW bushels OF
wheat this morning, which further imbued
sellers with courage. About noon the an
nOuncement of heavy gold shipments 10
Europe tomorrow struck another blow at
prices, the steady tone, which had then
developed on covering by shorts, giving
place to one of extreme weakness ana de-
preston with holders liquidatlng freely
and bears pressing their advantage. A
slight rally took place later but 1t did not
Detoken any change in the sentiment, be
ing due rather to the taking of profits
on previous sales. September wheat OPP
ened from 697sG70c. declined to 6S1sc, clos
ing at 6s12d6S5sc-1AsQlhc under Yesterday.
Cash wheat was ! to 112c lower than yes
terday, and weak at the decline.
Corn-There was marked change In the
feeling and demeanor of September shorts
in corn to-day, where yesterday they We're
all anxiety, and caused the market Tor
that option to act in a feverish manner,
to-day We're appearing very comfortable
and allowing prices to pursue their own
course which was downward in sympathy
with wheat. 1t was the holders turn TO
worry and under the altered circumstances
there was heavy liquidation. September
opened al 44c, declined to 421ac, closing al
42Ac-1Q11sc under yesterday. cash corn
was not insuch good demand to-day and
prices were quotable 1Ql12c lower.
Oats-This market was slow attairi
until the emphatic weakness in wheat ap-
peared about noon, when there was q
decided break The decline started under
the selling out by September longs
and was helped along by the local crowd
who perceived the inadequacy OF the de-
mand and raided prices in a bearish way
Some of the large commission houses had
large selling orders and quite conSld-
cradle quantity of oats were thrown over
board September oats closed PC lower
Cash oats were weak and shade lower
Provisions-Pork, lard and ribs held VI
as long as it was possible. me aDlIlty tC
do so came from recovery in hog prices
at the yards, but against the weakness
communicated by grain, there was Du,
little opposing force Professional short
sellers offered literally and disgruntled
bulls sold out. The consequence was
that every thing suffered, pork more thar
other articles. A trifling Improvement or
the worst prices of the day were recorded
before the close. but in the end the ne1
loss on September pork was Doc, on sep
TENDER lard, sc. and on September ribs
T12c.
Leading futures ranged as follows:
Opening. Highest. Lowest Closing
Wheat