The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-19
GRAIN, PROVISIONS, ETC.

unchanged; southern flour dull; steady;
Tmer No wheat store AND ac' ee
yator, ne; ahoat. 72Ac; February,
72d74c. Options were moderately ac-
tive and firm at A@ssc advance; No. 2 red,
January, CSC; February, 69Ac; March, zoe;
May, CSC; June and July, 6715c. Corn duh;
nrmer; NO. 2, 35%c elevator; 36s4c, afioat.
Options were dull and firm at nc advance.
January, S524c; February, 35jac; May. 35$sc:
July, S63sc. Oats quiet; frm. Options dun;
hrmer January and February, 24c; May,
25l2c; mixed western, 24lkd251ac. Hay bare
" steady; shipping, 75dS0c; good to choice,
95cq$l05 Wool fairly active; firm; un-
changed. Beef quiet steady unchanged:
steady; unchanged; Cut meats quiet; I'M
changed Lard quiet; weak; western
steam, $500; city, 5.4O9545c; January, 5.S5c,
nominal; refined quiet; continent, 6.20c;
South American, 6.50c compound, 42465c.
Pork quiet; easy; unchanged. Butter
quiet; weak unchanged. Tallow quiet;
unchanged. Cotton seed oil firm; unchang-
ed. Rice and molasseS firm; unchanged.
Peanuts quiet; fancy handpicked, 41a6D45sc.
Coffee quiet; points down to up; Feb
rruary, lS.0ql$.1oc; March, 1$.O5q19. 1Oc;
May l2.65c; July, 12.2Oc; September, IL soc;
spot Rio dull steady; No. 7, lac. Sugar
raw. FIRM dull. fair refining. S2sc; CEN
trifugals, 96c; refined active firm. Freights
to Liverpool quiet; unchanged.
chicago, Jan. Is, noon.-The market
opened for wheat, January, 5S3sc; corn,
January, S5.57la ribs, January, $iS7ia.
Chicago. Jan. 1S.-To-day's advance in
wheat can be ascribed to the buying by
shorts" Not the light weights nor
heavy weights alone, but all classes were
included in the covering movement The
sentiment in wheat has undergone quite
a change in the past few days and opera
tors could see nothing in the situation to
arouse enthusiasm for higher prices
Yesterday and to-day they were quietly
taking back short wheat and in num-
Der of cases We're buying for an advance
Summing up of conditions seems to be
responsible for the revulsiOn in feeling.
Short crops in India and Australia slow
harvesting and light offerings from Ar
gentina, far from glowing, accounts of our
own crop and a good export movement
are the main items entering into consid-
eration The crowd has been very much
short of the market and a. scarcity of Of
ferlnSs this morning produced wild alarm
and caused the advance. May wheat
opened at 6Ol4c sold between 601sc aud
Gle, closing at 607s-5sc higher than yes
terday Cash wheat was 1ac per bushel
higher
The same abatement of this confidence
was apparent in wheat and corn. Trade
was not important, nor did it present any
particular difference from that of any
buyers and there was a noticeable aver
sion on all sides to selling. May corn
opened at 29c, sold between 2SS4G2S7sc and
291sQSAc, closing at 29d291sc-hc higher
than yesterday Cash corn was firm at
about yesterdays figures
The strength of wheat and corn extend
ed to oats and caused a. firm tone to rule
the moderate transactions in that grain.
There was no incident out of the ordinary
in the market and the range of prices
was narrow. May oats closed Ac higher
than yesterday. Cash oats were &c
higher
Provisions to-day was a profit securing
day in hog products. There was a loss
from yesterday in value but it was due
rather to the desire to realize than to any
change in the sentiment The majority
but the popular evening up movement
prevented any further advance The hog
closed easy. At the close May pork was
121ac lower than yesterday. May 10d12I6c
lower and May ribs, 7jkG1Oc lower Do
mestic markets were easier.
Leading futures ranged as follows:
Opening. Highest. Lowest. Closing