The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-24
GRAIN. PROvISToNs. ETC

New York, Oct 2.-Flour quiet: buvers
holding off; prices easy; winter wheat.
low grades, $2.20G3SO; fair to fancy, $3.50
ESQ; patents, $3.45Q475; Minnesota clear.
$2.90QS75; patents, $3.5OG4OO; low extras,
S2.2Oq3.O0; southern flour steady; common
TO fair, extra, $2.75q3S5; good to choice.
do S.35Q365. Wheat quiet, firmer. with
options; ungraded red, 72dS4c; options
were active and excited and very irregu-
lar, advancing 25sc on free foreign buying:
better west and short covering; declining
1Bc on local realizing, rallying 1zs62Hc.
with the west and local covering reacting
and closing unsettled at 2s4c over yester-
day; No. 2, red, October 7S5sc; December.
SO1sc; May, S3Ac, Corn dull, 1rmer; No. 2
Sic elevator; 32c a1oat; options were mod
erately active and firm at 1hdl55c ad-
vance; October, S05sc; December, SIC; May.
34Mc. oats dull, steady; options firmer;
october, 23c; December, 24Ac; May. 267sc;
spot, No. 2, &c; No. 2, white, 25Ikc; mixed
western, 2lQ25c. Hay fair demand, fairly
hrm; shipping, 55@60c good to choice,
174Rq9Oc. Wool firm, unchanged Beef
quiet; extra mess, $60007.00. Beef hams
easy; $500. Tierced beef firm quiet. Cut
meats quiet; picked bellies SIC; Shout
ders, 4c; hams, 9d916c Lard firm; city
ref1hed moderate demand continent, DC;
compound, 45sQ47sc. Pork firm, quiet; No.
2, mess, 4.5O@4.90. Butter fancy, firm;
state dairy, 1l@1Sc; creamery, 1215d2Oc;
western dairy, SOHO; Elgins, 20c. Cotton
seed oil quiet and about steady; crude 2215
q2Sc; yellow prime, 261aQ27c. Rice firm,
good demand. Peanuts steady; fancy
handpicked, 9a4d4c. Coffee duh, 5d1O
points down; November, 9.65c; December
S55c; March, 9.55Q9.60c; May, $500; spot
Rio dull, easy; No. Z, 10slc. Sugar, raw,
hrmi fair refining, 25sc; centrifugals &C.
test, 1850; refined firm. fair demand,
unchanged. F'reights to Liverpool market
firmer, room scarce.
Chicago, Oct. %, Noon.-Wheat, October,
7OAc bid; December, 7212c; corn, Deem
Der, 24laQA7sc; pork, December, $685. ask
ed; lard, December, $40 bid; ribs, Janu-
airy, s.. S5Q3 S71k
Chicago, Oct. 2S.-Wheat recovered
from yesterdays panic in very short or
der in to-days market, displaying re-
markable strength, and prices regaining
more than half their loss. Liverpool was
the principal agent in bringing about
the altered sentiment. Instead of becom-
ing demoraliZed at the news of our SEN
sational slump, prices at that place de-
clined only moderately. Traders here be-
came encouraged that a general smash
up was avoided, and some of the people
who threw wheat Unfortunately at the
close yesterday, became sturdy buyers at
the opening this morning. Many, who
went short of the market, finding the
prospects of a recovery bright, covered
freely. Generally speaking, there was
healthier sentiment all around. Closing
continental cables were lower, the great
est strength was noted near the close, a
report of a cargo sold for shipment to
Calcutta, helping prices materially. De-
cember opened from Y to 727sc sold be-
tween 711ac and 7S1@c, closing at 731sc-
29sc higher than yesterday. Cash wheat
was firm and &c higher.
Corn found relief from weakness in the
improved tone of wheat. Business did
not show any particular activity, traders
contenting themselves by scalping on the
fluctuations caused by wheat changes.
May corn opened at CSC, advanced to 285s
d28%c, closing at 4G2s5sc-1011kc higher
than yesterday. Cash corn was firm and
1aQAc higher.
Oats acted in unison with wheat and
corn, advancing or receding as they did
Business was generally of a quiet char
acter, local operators doing the major
portion of the trading. May oats closed
%@zc higher than yesterday. Cash oats
were PC higher.
Provisions had the dual motive of a
higher hog market and stronger market
for advancing. Trading was in an mac
tive condition most of the session. At
the close January pork was 121ac higher;
January lard and ribs each &c higher.
Leading futures ranged as follows:
OPENING Highest. IoWest Closing