The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-23

easy with wheat and nominally al 10c I'M
der the quotations last given: southern
nour was dull and easy and unchanged
wheat, spot market dull; 4Sk@47sc lower
with options, closing weak; ungraded red,
oOaezc; options were active, very rregu-
lar and heavy, declining 47sI5c on free for.
elsh selling, lower cables, weak west ana
tght money here and at the west, rally
ing Ac and closed unsettled at 45sG47kc UNI
der yesterday; No. 2 red, October, 75c;
NoVember 15Ac; December, Tie; May,
oOAc. Corn, spots, dull; weaker; No @ 2g9,
gSOc, elevator: SOAG3lc, afioat: options
were less active and irregular, closing easy
at AU32c decline; October 293sc; December
5O94c; May, $3.50. Oats, spots, dull; easier:
options steady dull; October 231ac; De-
cemher, 231sc; spot, No. 2. 22lA622&tc No.
white 251ac; mixed western, 2lG25c Hav
fairly active; firm; shipping, 55060c; good
10 cnolce, T13a@c Wool, moderate de-
mand; firm; unchanged. Beefdull; nomi-
nal; FAMILY, $S.50Q9.50; extra mess. Sc. OO0
'VO Beef hams weak; $500. Tierced beef
quiet; steady; city extra India mess, SO. 50
gl2.5O. Cut meats steady; quiet: picked
bellies, 5Ac; shoulders, 4c; hams. 9G9Ibc
Lard quiet; steady; western steam. "a. 50,
CITY, A5oq440; October, $3.50, nominal; re.
hned quiet; continent, $500; South Ameri-
ca, $3.50; compound, 4ssd47sc. Pork steady:
new mess, $.50Q9.25. Butter firm; fair de-
nano; state dairy, 1lQ1Sc; do creamery.
N~'SNt a. heiAl " OIL l1ts f4lklnS. nc.
Cottoh seed oil quiet: crude 22is
Q24c; yellow prime, &c Rice
urn; unchanged. Peanuts steady; fancy
hand-picked, SAq4c. Coffee arm; lo692,
points up; November, 97Oc; December. 9.55
\ gSoOc; March, 9.55G9 Csc; May. 10000 Sic.
spot hlo dull; easy; nominal, 1OAc. Sugar
raw quiet; hrm; fair refining 25ac bid.
centrifugals, 96-test, Sd3 3-16c; refined
quiet; unchanged. Freights to I,yerDoof
nrm; quiet; room scarce. Cotton. bv
steam L-o4d; grain, by steam, sd, for De-
cember.
Chicago. Oct. %. Noon.-wheat, octo.
DER, O9sc; corn, December, 24ikd241lc
pork, December, $685.; lard December
S4.2z12; ribs, December, $3.92h
chicago Oct. 22.-There have been ex-
citing days in the wheat market. but to-
days outranked anything of recent date
and probably in many years. A verftable
panic existed at the close, and millions of
business were poured on the market
prices cutting no figure in the matter.
Tight money was the cry. The cash wheat
situation has become the all important
FACTOR. Money rates are higher and no
one wishes to undertake the responsible
ity OF carrying wheat under those condi-
lions. The early market was weak, cables
coming lower and foreigners selling A
period of comparative steadiness prevailed
for two hours, but in the last half hour
confusion of the most extreme kind had
possession Of the pit, and December drop
ped cents under yesterdays close. San
Francisco was said to be In panic, which
served to augment the disturbed feeling
here. Closing English and continental
quotations were all lower. The Cincinnati
Price Current reported a favorable week
for the crop December wheat opened
from 74l4 to 1870, sold between 74A and
70Ac, closing a 70hc, 42ic under yesterday.
Cash wheat was weak and 4M5c lower.
Corn yielded INCREASINGLY to the depress-
ing influence of the weak wheat market.
No startling incidents were noted. The
trade was not large and the main OBJ
ject of operators was to dispose of what
corn was accumulated whilst the outlook
was rosy. May corn opened at 271Ac, sold
between 28uz74sc, closing at 271zc, nc I'M
der yesterday. Cash corn was steady
early, but closed weak and half cent
lower.
Oats-With wheat and corn declining 1T
tie hope was entertained for oats Hold
ers made the best OF a bad situation and
sold out on every hard spot May oats
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