The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-26
GRAIN. Provisions. ETC.

New York, Jan 25.-F'lour firm, I'M
changed; southern flour quiet steady, I'M
changed. Wheat, spot market dun,
stronger; No. red, store and elevator
76d76i5c, nominal ahoat, 78c. nominal;
options were active and excited closing
strong at 3sd15c advance: No. 2 red, Jan
uarv. 725sc: February. 725lc. March, 7Sibe.
May, 7119c; June-July, Tic. Corn, spots
tirmer, dull; No. 2. 36Ac, elevator; 37hc.
afioat; options were dull and strong at
Aq$sc advance. January closed 365sci
February S63sc; May, 36Ac; July. 37l2c.
Oats, spots duh, firmeri No. ?, 25c; No. .
white, 26AQ261zc mixed western, 25425c;
options stronger, dull; January, 241sc;
February, 247sc; May, 2512GQ259sc; No. 2
white, May, 26lac. Beef quiet, unchanged /.
beef hams dull $3.50; tierced beef duh,
unchanged. Cut meats quiet, unchanged.
Lard quiet, strong; western steam, $500;
city, $5.50d560; January closed, $500, nom
inal; refined dull; continent, S6.25;
South American, $3.50 compound, 4&Qac.
Pork. quiet. unchanged. Butter. fancy
creamery, firmer fair demand western
creamery, 15021c; Elgins, 21c. Cotton seed
oil quiet UNCHANGED. Rice. fair demand,
Coffee steady, 10 points UP to Is down;
January. 13.25c; February, 12.9Sc; March
12.S0d12. soc; May, Il. 3Odl2.40 June, l2.lOc' :
July, 12.00c; September, ll.45N1l 55c; Octo-
Der, 11.45c; spot Rio dull, steady; No. z,
137sc. Sugar, raw. dull, strong; fair re-
timing, 37sc centrifugals, SO test, SIC; re-
fined, quiet, unchanged freights Liver
pool market quiet and unchanged.
Chicago, Jan. %. noon.-The market
opened for wheat. January. 625s; corn,
January. 2S5sd28Ac; pork, May $1,000; lard
January S5.771z: ribs, January, $50.
Chicago, Jan. 25.-Armour's buying of
wheat to-day was the feature of that mar
ket. 1t was due to the influence 1t CON
veyed to the trade at large, that prices
went scurrying upward until they had
reached a point &c above the inside quo
tations of the day, which latter were
established right at the opening. Tho
purchases for the big packer were made
through brokers and surmises were very
near correct as to the principal. Before
the close the brokers gave up Armour
name on the transactions: The openinS
was easy as compared with yesterday
close, the war rumOrS on which prices
had advanced proving groundless, but
about the expiration Of the first hour the
tendency became upward, and took only a
few minutes for prices TO raise cent.
The additional gain was achieved durns
of maniDula ton INDUCED III, but the bulls
expressed the belief that the Improvement
was legitimate. May wheat opened from
63$4c to 63iAc, advanced TO 657sc, closnS
at 655sc-1s01i5c higher than yesterday.
Cash wheat was firm and nc higher than
yesterday.
Corn advanced very nearly as much as
wheat, which occasiOned surprise, mas
much as the situation in this grain IS
generally conceded to be lacking in some
Of the conditions necessary to render an
advance probable. The strength Of the lea
ing markets. however. furnished enough
sympathy Of force TO overcome all argG-
ment5 which were presented IN opposition
to improvement. May corn opened a
2924c, sold between 295s a2994 c, and BIC, clos
ing at 307s031c-11sn1Ac higher than yes
terday. Cash corn was firm and i401ac
higher than yesterday.
The improvement was almost as marked
in cats as that in corn. The example or
the shorts" in other markets was con-
sidered worthy of emulation here, there
being a. the same time quite a fair in
vestment demand. May oats closed 1c
per bushel higher. Cash oats We're A0I2c
higher, closing strong.
Provisions-Inder the two-foId influ-
ence of wheat and hogs, product advanced
to-day In the morning the market was
detracted from by the great activity or
wheat, but not enough was doing TO keep,
values moving upward. At the close May
pork was NC higher, May lard 9lsQ10c