The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-11
GRAIN. PROVISIONS. ETC.

New York. June 10-Flour was I'M
changed, quiet and barely steady; soutn-
crn -four, unchanged and easy. Wheat
spot, dull and lower, closed firm; options,
fairly active and unsettled. closing weak
at 7s01hc decline; No. ., red, june, 64sei
July, 64c; September, 63Ac Corn, spots,
dull and firm. No. 2 33h0i33l2c elevator;
3f4 M3iiRc alOat; options dun and firm al
unchanged prices; June $3.50; July, Sihci
September 35ac. oats, spots, dull but
steady; options. dun and easier; July,
22l2c; spot No. 2, 22l2c; No. 2 white, 2il2c;
shipping. G7aa72lkc; good to choice, 9ocn
81 co. Wool active, steady and unchanged
Beef. quiet; extra mess, $6.OjHIO0; beef
hams. active at $l450; tierced beef firm
but quiet; city extra India mess. $ll.00
013OO. Cut meats. strong but quiet; pick
led bellies, 40isc; shoulders 4hQ4l8c;
western steam. 4.37l2c asked; city, July.
Acc: refined. dun and weak; continent,
460c; South American. 5.l0c; compound,
44fAc. Pork, easy, moderate demand
old mess. SS.2506.50; new mess, $S75M900.
Butter. fancy, steady, fair demand and
unchanged. Cotton seed oil. nominal IND
unchanged. Rice. quiet and steady. Mo-
lasses, steady and unchanged. Peanuts
quiet: fancy hand-picked, DC. Coffee,
steady points up; August, 1L05c; Octo-
ber 1880; December. 10.10c; spot Rio,
dull but steady; No. T. 13Ac. Sugar, raw,
steady; fair refining, 5-l6c; centrifugals,
Sc test, l3-l6c; refined, quiet and un-
changed Freights to Liverpool, quiet and
easier; cotton, by steam, $780, grain, by
Chicago. June 10, noon-The market
opened for wheat, July. 5Siac; corn. June.
27lsc; pork. July, T2O; lard, July, Al5;
ribs, July $375
Chicago June 1O-Three separate tips
on the government crop report were In
circulation to-day, and each Of them had
a distinct effect on the price Of wheat
First, the one that was out yesterday
rs per cent.-Caused q weak feeling, as the
reduction from last month would not be
sufficiently radical to support the stand
of the state bureau. Then IL became gem
IL fsl..a ell 4 H. rfn~..a
as 65. This seemed to suit the bulls, for
on IL they succeeded In rushing prices
above yesterdays close, but, just when
the market appeared TO be the strongest
some one discovered that Is per cent
would be about right for winter wheat
and on that belief all Of the hrmnezs
forsook the market and earlier buyers
were the prominent sellers. During the
last hour the New York stock market
displayed a heavy tone and wheat quickly
slumDed, the lowest quotations of the
day being then established. 1t was the
gossip to-day that much of the large
holdings of wheat had been liquidated in
the past few days, and the crowd We're
watching closely Tor the next move on
the part of the big Spectators. July
wheat opened from 5Shc to 57$ic. sold be-
tween $3.50 and SIC. closing at 579sc-3s01c
lower than Yesterday. Cash wheat was
1Qlac per bushel lower than yesterday.
COrn-NOthing calculated to help corn
prices was heard to-day, but on the con-
trary, the Information was almost entirely
the kind most welcome to the bears The
principal reason for weakness was the
heavy tone of wheat. September corn
opened at 237sc, sold between 29M and
2824c, closing a 287sc-a shade under yes
terday. Cash corn was steady TO nc per
bushel lower.
Oats were quiet and presented much
the same appearance as corn. Buyers
and holders find no announcement IN the
outlook and agree in the opinion that an
accident is the only hope they have. July
oats closed unchanged from yesterday
The close was easy in sympathy with
options.
Provisions opened weak Pork was, part
Of the time, however, an exception, the
packers buying of that commodity freely
prices rising freely on good demand. A
heavy run of hogs at the yards caused
decentralization in the market at that
place. In the natural order of things, this
affected product.J July pork closed SC higher
than yesterday; July lard, 5Q71zc lower
and July ribs, sc lower.
Leading futures ranged as follows:
OneninP Highest. Lowest Clnsiue-