The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-01-12
GRAM. PROVISIONS. ETC.

New York. Jan. 11.-Flour quiet and
steady; winter wheat, low grades, $4,000
3.45; do fair to fancy. $355G4.90; do pat
ents, S4.95Gt5.25; Minnesota clear, SO. 50d400;
do patents, %5O@5.25; low extras $500
S.45; southern -four dun and steady; COM
mon to fair extra, $3.30a3.65, good to choice
do. $315d4.O5. Wheat, spot market dull
and easier, closing steady; (. o. b., 973sc;
ungraded red, 7S@9Sc; options were moder-
ately active and weak at 1lsd19kc decline;
No. red January. SS&e; March, July,
S2%c. Corn, spots quiet and weaker; No.
2, 2S7sc elevator; 299sI30c ahoat steamer
mixed, 2Sc; No. 3. 27d27i5c options were
duh and weak at A01gc decline; January,
2S9sc; May, 901sc; July. 315sc. oats, spots
quiet and steady; options dun and easier;
January, 22ci February, 225sc; May, 223sc;
spot No. ?. 22Hc; No. white 24I5c; mixed
western, 22d24c. Hay firm; shipping. Size;
good to choice, 75ltS5c Hides quiet; wet
salted Havana selected, 35d50 pounds. Sc;
Texas dry, 2l@25 pounds, 12d13c. Wool
quiet; domestic fleece, 2ld23c. Beef
strong; family. $9.25@10.50; extra mess, $725
qS.25; beef hams firm. $1S.O0a1S.50; tierced
beef strong; city extra mess, $l350q145C.
Cut meats slow; picked bellies, 43sc;
shoulders, 4G4i4c; hams, $1,000. Lard
quiet and strong; western steam, 420c;
city, assoc: January, 4.20c nominal; refined
firmer; continent 455c; South American,
firm; new mess, $8.25dS75. Butter, fancy
firm; state dairy, 1OQ15iac; do creamery, II
d19c; Elgin, 20c. Cotton seed oil quiet and
firm; crude, DOC; yellow prime. 23d23Ac.
Rice firm and fair demand; domestic, fair
to extra, 3446c: Japan, 4@Q4l9c. Molas-
ses quiet; New Orleans open kettle, good
to choice, new, 25d2594c. Peanuts steady.
Coffee barely steady, 1OG25 points down;
January 9.45c; March 9.55@960c; May, $50
@965c; July, 9.70c; December, 975@9.S5c;
spot Rio dull and steady; No. T. 10hc
Sugar. raw, dull and steady; fair refining
13-16c; refined quiet No. A. 5 Lice lower;
others unchanged; off A, 4q41sc; standard
A, 43sc; cut loaf SC; crushed, SC; granu-
lated, 43sc. Freights to Liverpool quiet;
cotton by steam, 15-12Sd; grain, by steam,
3D..
Chicago, Jan. Il. noon.-Wheat, May,
SOSsGSO12c corn, May, 245sc; pork, May,
$500; lard, January SO. 921s; ribs, $4.121s.
Chicago, H., Jan. 1.-THE wheat mar
ket encountered a good demand instead of
dislodging any May at 80 cents to-day. The
theory that stop loss orders to sell at the
figure mentioned would be plentiful, en-
couraged bear traders to use extraordi-
nary endeavors to reach that price. but
the theory was disproved by the develop
ments The preponderance of news was
in the bulls favor but bearsh sentiment
was rampant and consequently prices de-
cil0eQ. IL Is Claimed lldl recent HedNy
exports of corn and comparatively moder-
ate exports of wheat explains the true in
wardness of the weakness In the latter
grain. Wheat opened SO5s to s0l9c, declin-
ed to SOC. closing at SOlsc-12sc under Sat
urday. Cash wheat was weak and lAc
lower.
The corn market moved in its usual slow
and dignhed manner. May corn opened
at 24s4c declined to and closed at 24l5c-
Nc under Saturday. Cash corn was easy
and nc lower.
Oats imbibed weakness from wheat,
prices sagging little. The amount of
business transacted was fair but not
large enough TO attract unusual attention.
May oats closed 9sc under yesterday. Cash
oats were steady with no essential change
in price
Provsons-A downward trend was COM
municated to provisions by a decline in
the hog market. The weakness of wheat
was, likewise, an adverse speculative in
huence. There was fair buying towards
the close. on which prices recovered. The
demand came from packers and shorts
generally May pork closed 21zQ5c high
err May lard sc higher and May ribs 2lac
higher
Leading futures ranged as follows:
Opening. Highest Lowest Closing