The Palatka daily news. (Palatka, Fla.) 1884-1888, 1888-02-16
General Markets

CHICAGO, February 15- There was inn
proved activity i'll the grain markets to-day,
but values suffered a sharp decline. Wheat de-
cIiued | cent before nooE. and weakness was
shared in by both corn and oats Inc sharp
decline was not attributed altogether 10 any
one cause. The market has been heavy IN
spite of all attempts to rally it and very many
operators, who were naturally bulls, Dellevec
that further depression was necessary before
there was much profit in buying. But the
chief causes of the weakness were undoubt-
edy the reports of the failure of the bank az
Bordeaux, France, coupled with the weak
and lower grain cables from Liverpool FIX
porters Were free sellers, and a prominent
operator sold about 4UU,OU bushels IN the nrst
hour There was no apparent disposition to
support prices, and Nav declined TO co1e IN the
first hours trading
yailing feeling being one of weakness There
was a good deal of long corn sold Tor out
sders. and May sagged to So At this figure,
however, there was good demand from
local traders. May sold down to 1875, but at 81
enuntyy snecnators' and this caused a reac-
ton. May finally closed at sos
Oats sympathized largely with wheat and
corn; Nav and June were offered freely. ana
prices ranged about u lower, but recovered
subsequently, "a of the decline. May and June
Provisions also sympathized with grain, also
were depressed by the receipt OF hogs being
materially larger than was expected; prices,
about the same state as yesterday
Cash quotanons were as follows: u Flour
.5lsa76sl; No. Spring Wheat, = No. 2
red. 791&. No. Corn. 471sg. No; Oats,
27Gss. Mess Pork. Sl4.0s19. Lard, s. .60G1 621s;
Short rio sides, loose, s7.SA. Dry salted
| boxed, Ssas05 whisky. s1.l5.
| Leading futures closed as follows:
wheat-February, 75Ss; March. -: May,
Si1s: June, 500. orn-February,--; March,
| 45Is: May, sos: June, 50ls- Oats-February, :,
-year.-; FEBRUARY. sl4Ess: March, Sizes
May, s430, Lard-February, - March,
/ 3 Si Nav, S775; June. S7.S23s. Short Ribs
! February. = March. S7.3sls: Nav. 81 80.
| NEW YORK. February l5.-Southern Flour
/ quiet but steady. Wheat-options ruled weak
| early and declined 9sG5s. closing steady. with
small recovery: speculation more general;
| spot Lt6lIs cent lower and moderately active;
| No. . red, February, oSlz: May, sl s-lHGsl9s
| June 9lIS6IgI 1916. Conceptions declined Is
| to q and spot = TO " cent lower, closing
steady; No. 2 February, SO, May. 5.1BG5szs
June, 5sss Descriptions " TO &c lower; No,
:. February, nominal: March, -; May, 8. I:
td3,5s: No. . spot, sc34S4l: mixed western ~
AL Hops firm. Conee-fair Rio dun az 10
| options quiet but generally steady; No . no
| April sl255d 1865: May. $1s .4sgl2D- Sugar
dull and nominal, centrifugais, coast ane
| foreign Lilo for 90 test: refined steady and
/ more doing. Moiasses dull and nominal - test
81 Rice firm Cotton seed III, St<Sjo1z ioi
crude; f3GA for refined kosin quiz az ~ L
Oils. Turpenfine dull at 90 Hides steady
Wool steady-domestic fleece, SatI5s; pulled
l5134: Texas. 1t622. Pork firm and fairly &C
tiye-mess. S15G15-12,S- Beef dull I1erces
Beef quiet; Gu. meats unchanged ana auil
duh and heavy-Western steam, spot. $s.a5
February, S7-as. March. $7-sSQs 90 May, ~
ar gS Freights Quiet-cott0n- 16d- grain. 1t3u
NEW ORLEANS. February Ia -Conee que
but firm y Rio carEoe1 common 20 prime
l5i&als1z. Rice stesdv and in good demand