The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-13
GRAIN. PROVISIONS, ETC.

New York, Aug. 12AF1our dull; south
ern -four dull steady; common to fair,
extra, $780, Wheat, spot quiet; weaker;
options were fairly active, closing at "a
1hc decline; August, 61Ac; September,
615sc; December, 64c. Corn more active
ter exports, easier; No. 2, 29Ac elevator;
and weak, and 1zd5sc decline; August, 29c ;
September 29c; October, 29Ac. Oats duh,
heavy, lower; options weaker; September,
2sc; spot No. 2, 2lq21l5c; mixed western,
good to choice, 9Od95c. Wool quiet; do
nestle fleece, 16d22c; pulled, 15Gl33c Beef
quiet; extra mess, s60007O0. Beef hams
quiet. Tierced steady but dull Cut
meats steady. Lard quiet; western steam
3.5713c September 350c; refined fair de-
mand; continent. 415c; South America,
Abe compound, 37sQ4isc. Pork quiet and
steady. Butter firm. Cotton seed oil
steady quiet; domestic fair to extra 5%tc 4;
Japan, 4c. Molasses dull, steady; New
Orleans open kettle, good TO choice, ga
BIC Peanuts quiet; fancy handpicked 40
41sc. Coffee quiet at Is 10 20 points down;
August, 10G15c; October. 935c: December,
100l5c; March, 10c spot Rio dun, steady;
No. Z. 1Ac. Sugar, raw, easy; fair refin-
ing, &c; refined duh, unchanged. Freights
firm quiet. Cotton by steam zoe per 100
pounds. Grain by steam pad.
Chicago, Ill, Aug. II, noon.-The market
opened for wheat, September, $3.50; corn,
September, 23hG23Ac; oats, September,
Der, 3.57l9@3.60; January, s3.5711; ribs, Sep
TENDER, 1925; January, $3.45.
Chicago, Aug. 12.-There was no firm
ness and scarcely a steady spot in the
wheat market to-day. The sole object of
traders was to sell and they were not cap
tious about the prices obtained. The one
thing responsible for the prices obtained
was the unsatisfactory financial condition
Of affairs, the suspension of a prominent
firm of coal dealers, helping 1t along
Elevator, 1t was said, was preparing to
deliver freely Of wheat on September con
tracts, and as no one was anxious to car
ry the grain under the present stiff mon
ey rates, that served to accelerate the
downward course Of prices. September
wheat opened from 56H to 56kc, declined
to 549sc, closing at 541zc-1kJ2c under yes
terday. Cash wheat, weak and 11ac per
bushel lower.
Corn, with the leading market in de-
Ginning state, and the outlook for the corn
crop unquesti toned, this market was in
quite as discouraging and disappointing
condition, as was possible for 1t to be.
As in wheat the financial situation was
factor of considerable moment. Septem-
Der corn closed at 23c-4 of a cent under
yesterday. Cash corn was weak and nc
per bushel lower.
Oats were unable to assert any firm
ness, in view of the weakness developing
in other grains. The trade in this market
is not bearish, but sympathy rules so
strongly that 1t is thought any effort to
advance prices under the existing cfrcurn-
stances, in other directions is likely to
prove abortive September closed 1c I'M
der yesterday. Cash oats weak and half
cent lower; new oats were practically un-
saleable.
Provisions-The hog market declined
five cents this morning, and product
promptly lost a corresponding value
Whilst the business was of moderate val
ue 1t was evident that traders were keep
ing a strict watch 50 that any furry like
that of last week would not find them IN
prepared The depression In grain was
later, an important factor in produce
September pork closed 17lzc lower lard
sc lower; ribs 10c lower.
The leading futures ranged as follows:
Opening. Highest. Lowest. Closing