The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-12
GRAIN. PROVIsIoNs rTc

New York, Sept. I.--Flour quiet, steady:
southern flour unchanged Wheat mod
erately tirmer; No. 2 red May, 69$4c; Sep
TENDER, Size; October, 645sc: December
66ssc. Corn quiet. stronger; No. 2. 2534 q
zee, elevator; 2624 d27c afioat; options were
moderately active and Arm, at Ssql4c ad-
vance, September, 525sc; October. 52ssc
Oats spot quiet, firmer; options strong.
quiet; September, zoe October, 2Oc De-
cember, 2lc; spot, No. 2 zoe; No. white.
24c, mixed western, 20921c Hay weak.
liberal supply; spring, Coo; good to choice,
1212ISOc Wool steady, unchanged Beef
quiet family N.0O9S.OO; extra mess, So. 50
Q6.OO. Beef hams steady, $15 5Oa16. OO.
Iierced beef dull; city extra India mess,
s.. 5eqS.95. Cut meats quiet firm; picked
bellies, 5Q5Ac; shoulders, 35sdSzc; hams.
9AW9%c. Lard weak quiet: western
steam, 3. 62lsc; city, $3.50; September 8. soc
nominal. Refined dull; continent, 8. $50;
South America, 4.40c; compound, SAG4c.
Pork steady; new mess, 81. SOFAS. 25. But
ter, tone moderate demand; state dairy,
1OQl5c; do creamery, 11lRQ16iac. Cotton.
seed oil; steam crude &c; yellow, 2316eI
2lc. Rice fairly active, firm, unchanged.
Molasses firm, fair demand, UNCHANGED.
Peanuts quiet. Coffee: Options steady,
unchanged to points down; September,
s.9oQs Csc; October S55dS Toe; spot Rio
JUL, steady; No. Z, lose. Sugar, raw, dull,
weak, fair refining, 2 13-16c. Freights
finn; cotton by steam, 3-32d; grain, 4d.
Chicago, ILL.,, Sept. u.-Wheat advanced
quite sharply to-day, the bulge being an
indirect result of the government report
issued yesterday. 1t was not that the
government report was particularly bull
lish, but rather because the crowd were
AFRAID that previous experiences would be
repeated. 1t has been the custom for
prices to break on the day following the
issuance of the report and for that reason
shorts have for some days been preparing
for the decline, but in doing so rather
oversold themselves. Consequently when
a few strengthening arguments were cir
culated, the rush to buy was so great that
instead of breaking, the market developed
unlocked for strength and rose quickly.
December wheat opened from 5Sss to 5SAc,
sold between 5794q59c, closing at 599sQ591kc
-1Ac higher than yesterday. Cash wheat
was strong and 112c higher.
Corn-The falling off in the condition of
corn, as testified to by the government in
its report issued, yesterday, was some
what greater than expected. This was of
considerable Importance as factor in the
market, causing a strong tone, which for
long time resisted the weakness con-
veyed early by wheat. When wheat was
booming later in the session, corn sympa-
thized with it, advancing materially. May
corn opened at 241sc, sold between 1874 and
than yesterday. Cash corn was firm and
3sG1ac higher than yesterday.
Oats-The showing on the oats crop by
the government was better than the trade
was led to believe it would be, and conse-
quently there was less inducement to buy
this grain. Prices were, therefore, more
easily influenced by the weakness of
wheat. May oats closed &c higher.
Provisions opened steady on firm hog
market, but within the first thirty min
utes displayed a complete loss of strength
and, as the surrounding markets were at
the time more or less depressed, there
was nothing calculated to stimulate
prices, When wheat bulged later in the
session provisions recovered through sym
pathy. January pork and ribs closed a
shade under yesterday; January lard 21zG
sc lower.
The leading futures ranged as follows:
Opening. Highest. Lowest. Closing.