The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-19
GRAIN, PROVISIONS. ETC.

New York, May 1S.-Flour firm moder-
81 SOa2 so; fair to fancy SS.i5as.5c: patenfs'
S3O439; Minneapolis clear, 2S5Gi3. %:
patents, $S.706I475; low extras, So 80
Southern flour, firm quiet; common to fair
extra, $2.35d3.20; good TO choice extra, So. 30
1850. Wheat, dull; &c lower with op-
tons closing firm: No. 2 red store and ele-
yator 72%c; afloat, 7SNd74c. Options were
and declining 12uasc, advancing i5d5ac, de-
Ginning 1sUAc, and closing steady at A03c
under t,l. Yesterday ter The curb was quite ac-
frosts tonight; No. red, May, 72s4e; July,
13i2c; September 73Mc. Corn quiet and
nrmer; No. 2 5534c elevator: 56%c afloat
options opened weak and declined &c with
wheat and the west; advanced 1zc closed
firm at sc over yesterday with a duh
trade. The curb was active and 15sG1%c
higher on predicted killing frost for to-
night; May, 55S4c; July, 56%c; September.
DISC. Oats quiet and firm. Options dull:
May, Sl7sc; July, S2Ac; spot No. 2. 3ls4G
S2%Q3S12c Hay firm; shipping, 55d6Oc; good
to choice, 750S0c. Wool firm and unchang-
ed; domestic fleece, 15419c; pulled 12033c.
Beef dull and easy; family, $11 OOdi3 co :
i've, $500. Tierced beef slow and easy;
city extra India mess, Sl7.O06l9.CO. Cut
meats dull and weak; picked bellies, sac ;
shoulders, 540Ac; hams, fair; middles dull
and nominal. Lard quiet and steady;
western steam, $3.50; city, S6.l5 Futures,
nominal; refined firm, moderate demand; ;
Dl.rNl.
pound 5m5Ac. Pork inactive and steady:
mess, $l3,5Gl3.75. Butter quiet; choice
steady state dairy, 106D16Ac; creamery,
l7c; western dairy, 7Q7l2c; creamery, new
1lql7c; old. Sd13c; Elgins, lie. Cotton
seed oil strong with better demand; crude,
&o24lsc; yellow, prime. 27lkc. Petroleum,
delphia, SS45; Philadelphia in bulk, SIS 96a
SEQ. Rice fairly active; domestic, fair.
6AQGc; Japan, 4d4l2c. Molasses. foreign,
nominal New Orleans open kettle good
to choice. 26dS2c: fair demand Peanuts
quiet Coffee firm at 5d10 points up; MAY.
l4.l0ql5c; July, 14.75c; September. 14.70c; No
Rio dull and steady; No. Z, Ice. Sugar, raw,
quiet and firm; fair refining, &c; refined
quiet and steady: off A, 4Is643sc; stand
ard A, 4 7-16G45sc: cutloaf and crushed
l-6Q5Ac; granulated, 4 5-16d4%4c. Freights
to Liverpool, quiet and nominal; cotton,
Sid; grain, IA.
closed for wheat, May, Zoe; corn, May,
527sc; pork, May. Sl249; lard May, S. 70
ribs, May, S6.22l2. The week closed in the
wheat pit with scene of wild excite
ment, prices running away from BUYERS
The demand absorbed enormous lines of
wheat, and prices kept on going higher,
no one attempting to oppose the rising ten
dency. July reached 7215c, 246D23sc higher
than the close of yesterday. and fully 20
cents above the low record of the option
Corn, however, cast wheat into the shade
for excitement and erratic action. About
n:3O the pit became entirely bare of corn
offerings. Prices shot up 4 cents so quick
ly that traders lost their breath and were
unable to follow the market. A pare of
the advance was lost as quickly as made
Chicago, May 1S.-This has been the
widest day in wheat for many DAYS
1t was thought when the market for wheat
opened, that holders would feel inclined
to sell out little, and so some were, but
the absorptive power was too much for
the offerings Some enormous long
lines were disposed of, but their selling
hardly made an impression, prices yielding
but fractionally from the opening quota
ton, which were somewhat lower than the
closing ones last night. At the start it
appeared as though prices We're respond
ing to the ordinary routine news, and in
fact the east with which first
trading took place was ascribed
small exports for the week. 2.397 goo bush
els. and to the failure of English cables to
fully reflect the strength of this market
yesterday Then firmness came upon the
announcement of frosts of the winter
wheat and corn belts, but no unusual ex-
element accompanied the change of front
until within forty-hve minutes of the
close, when the market broke away from
its moorings and prices ran wild So VIC
lent and rapid were the fluctuations that
quotations could not be relied upon.
Trades were made full cent aparf in
different portions of the pit, one incidant
where SCalper sold July at 72Lc on one
side of him and bought it at Use on the
other; in the same instant being cited in
evidence of the irregularity of the tran
sactions for July, 72l6c, was the high point
This was &c higher than the lowest price
OF the day, 2ssc higher than last nights
close and about 90 cents above the lowest
prices quoted on the option
July wheat opened from $3.50 to 69ISc
sold between 691ec and Tie, closing at
u4c-1is@lSsc higher than yesterday Cash
wheat was strong and &c higher
Corn-lt is said of corn that il is the most
treacherous and wicked of all grain mar
kets 10 deal with speculatively when il
breaks away from the control of the ordi-
nary operations. 1t was certainly a most