The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-12
GRAIN. rRovIsIoNs. ETo.

New York March 11.-Flour weak and
slightly lower; city mill patents, $5.s506 10.
Rye flour duh. Buckwheat flour dull, Sl.3O
G1.5O nominal. Buckwheat easier, 4Sc. Rye
easier; No. 2, 5914d591ac; state rye, 55Q55Kc
Wheat-spot weak; No. red, 81 .O5A f.
o. b.: options opened easy on cable news
rallied slightly on covering, and then col
lapsed in response to a raid by prominent
Chicago elevator man, and the bear crowd
generally. Bulls were utterly routed. and
made no attempt toward a recovery all
day; prices closed 1ls@1%c net lower,
Heavy liquidation was a feature; No. 2
red. March, closed, $l.0S7s; May closed
9S7sc.
Corn-Spot steady; No. 2, $3.50; options
opened steady on the government report
and cable news. There was a further adj
vance on heavy export orders, but late
reaction, with wheat, closing unchanged;
May closed S51sc; July closed 36Ac.
Oats-Spot quiet; No. 2, 31Ac: options
moderately active and fairly steady, with
corn, closing unchanged; May closed S05sc.
Beef firm. Cut meats duh. Lard steady;
Western steamed, $545; May, $500 nomi-
nal; refined easier. Pork duh. Butter
steady; Western creamery, 15620c; do fac
tory 11d15c; Elgin, zoe; imitation cream
cry, 14d17c; state dairy, 13Q19c; do cream
cry, 15@l9lac. Cheese dun. Large white,
September, Sc. Potatoes quiet; New York,
81. $780,. 80; sweets. $2.75fi4.0 90. Cotton
seed oil quiet; prime crude 2049015c; do
yellow, pc. Petroleum dun. Rice firm
Molasscs steady Cabbage quiet, So .0063.g0
Coffee-Options opened barely steady with
prices 5G10 points lower; ruled moderately
active with weak undertone: local liquid
alton inspired by heavy Brazilian receipts,
weak local spot market, lack of specullt-
i've support, and warlike conditions both
in this country and pretty much all Eu-
rope; closed steady. sails points net lower;
sales, 1850 bags. including March, 5.15ll
5.20c; May, $500 .30c; spot Rio weak; No
Z invoice, 57sc; No Z, jobbng, Csc: mild,
DUH but steady; Cordova, SAq16c. sugar,
raw, steady; fair retning, 39sc; centrifugal,
96-test, 4lsc; refined quiet.
Chicago, ILL.,, March HIT looked for a
few minutes in the wheat pit to-day as If
such a furry would ensue that 1t might
sweep the big bulls off their feet. What
appeared to be an organized raid was made
on May, brokers Offering that option at
prices i4GSsc under what Letter brokers
were bidding for 1t, but refusing to sell to
the latter al less than the Letter bid price.
July broke &c on the excitement and con-
Luned weak to the end, closing al a loss
sof lZsc. Letter. by heavy buying finally got
the market uEder control and succeeded
in holding the May price at yesterday 5
figure, $.Oi. The market was vicious one
for time. Coarse grains showed good
deal of steadiness in the face of the wheat
break and lost only lsc of their previous
values. Provisions starting strong became
weak and closed 21af71sc lower.
The leading futures ranged as follows:.
Opening Highest. Lowest. Closing.
Wheat, No. p
Mar ...,. ....... ......, ....... 81 02lb
May ...,.Sl 04s 81 04h 81 0sh 81 "a
July 49,. .9014q902s 9OAd90ss ssh SsA@ssss
Corn, No. D.
May .sOlsaS07s 3O1sa309s 3OlkaSOK s0l4
July .SlBQ3lA S1s Sl9s@S1l9 Slssa31is
Sept .....S25s S27s S21sQS25s S2lsqS2ss