The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-03
GRA1x. PROVISIONS. ETC.

New York. June Flour unchanged,
weak; southern -four unchanged, weak.
Wheat, spot market dull frmer; options
opened weak and declined Mu1lsc, rallied
again on local covering, closing steady at
sc decline; June, 64Ssc; July, 63Ac; Sep
tember, G2#c Corn, spots dun and h t,al
opened weak and closed firm at 1sQhc
decline; July, 34c; September, 35c. oats,
spots fairly active, steady options dull;
June, 2212c; July, Z29sc; spot NO. 2 zz9sc5
No. 2 white, 24i442il3c; mixed western.
23N24c. Hay moderate demand. Beef
quiet, easy, unchanged. Beef hams duh,
mess, 1lH12c; cut meats slow; picked bel
lies 4hc; shoulders, 4hc; hams, 9Q9Ac.
Lard duh but firm; western steam, Attic;
city, &c; July, 4.4jc; refined duh; continent,
csc. South American, 515c; compound,
4d4ssc. Pork dull but steady and un-
changed. Butter fair demand, steady;
Elgins, SIC. Cotton seed oil quiet and
easy crude, 19c; yellow prime 2ic; do off
grade, 24c asked. Rice quiet unchanged.
Peanuts, fancy hand picked, 4Au5c. COT
fee steady; September, 10.604l070c; De
cember, 1015Gi102Oc; January, 1c.7Oc March,
loose; spot Rio dun, 13Ac. Sugar raw,
dull, but steady fair refining, 33sc refined
fairly active off A, A 7-16GD45sc cut loaf and
crushed, SIC; graduated. Sc; cubes 5Ac
Freights quiet, firm, unchanged.
Chicago, June 2, noon.-The market OPP
ened for wheat July, 55Ac; cprn June,
417la; ribs, July, $3.72lz03.75.
Chicago, June 2.-Wheat had the long
expected rally to-day but not without first
experiencing a depression before it came
about. The opening was weak in con-
tinuatiOn of yesterdays final tone, a
slump Of 1c following. Shorts then deem
ed the occasion opportune for securing
profit inasmuch as BradsJeets report
was likely to show liberal decrease in
the worlds stocks. The buying was not
by any means urgent, or Imperative, but
1t was sufficiently energetic to place
prices where they were at the opening.
At noon Bradstreets announced a reduc-
ton in the worlds available supply Of
Of the market was firm, further moderate
Improvement taking place. July wheat
opened from 55Mc, sold between 55Ac and
56&4c closing at 5G3sc-Ssc higher than yes
terday Cash wheat was le per bushel
higher
The corn market depended mostly on
wheat for its direction, but at the same
time was influenced perceptiDly by the
heavy receipts, 1,1l5 cars. The opinion
farmers are being forced to market their
adherents who express the belief that
the movement from now on will be some
thing unprecedented. July corn opened
at H2sc sold between &c and 273<c clos
ing at the outside, Nc higher than yes
terday. Cash corn was steady to firm,
the closing being about Al11zc higher
than that Of yesterday.
oats we're in much the same position as
corn, both as regards sympathy with
wheat and on their independent merits
July oats closed 1s0Ac higher than yes
terday. Cash oats We're steady to firm,
closing Nc higher than yesterday
PrOvisions-The receipts Of hogs in this
morning fell 80 per cent. under the esti-
mate. The yards market was higher IN
recognition of the shortage and product
was Influenced for good by the act The
early strength and advance was NOT sIs-
tanned, however, the offerings asserting