The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1888-08-02
GRAIN AND PROVISION MARKETS



CHICAGO, July 3l.-.1he tables were turned in
wheat and corn on Change to-day Wheat was
We and closed 2Ac lower than yesterday. Corn
sold lc higher early without apparent reason aud
closed nc higher. The wheat market was a tickle
one That many of the enthusiastic bulls could
see, that the bulge a thing of the asst and that
the market was not only weak, but heavy curb
influences we're given undue force and there was
great disappointment, both here and at New York,
when prices opened lc lower for leading futures,
Others dragging. Export clearances of wheat and
flour from Atlantic ports were 10000 bushels, and
the bulls began 70 fear that export buying reported
did not mean much. There was talk of quiet sell
ing by leaders while they bought openly. Sales
ranged as follows until near the close: August
Der, Sl4c, down to s3Sc up to SlSc,
down TO S3ssc, up to S3Bc, and
back to S3Ac, or 11c under last night. The
market at the finish was weaker than at any time
during the session. September cl, sed 2l4c lower
than at the same hour yesterday. Closing prices
were August, SIC; September S2Ac.
The peculiar strength of corn early, and the way
the price was kept up to the close, puzzled the
best men in the pit. There was some bull news
from Kansas early, and no doubt. some covering by
shorts on that account but that was not sufficient
fret hour. Receipts here were less than estimated
cars of No. - grade; Out, inspec,
ton was against the bull being only 10000
bushels. Prices ranged; August, i5Lc up to 46lac,
and back to I5lsc; September, 45Ac, up to 4bisc,
back to d59sc, closing at 45hc
An active CUISINE was uahbhCteu IN provisions,
but an unsettled feeling prevailed. Shorts bought
freely and the longs realized. large part of the
trading however, was in changing contracts
from AuMst to September; Several
large holders of pork threatened to deliver
it tomorrow unless the differences were widened.
Their threats had the desi ed effect and pork was
changed at 2laW5C better than yesterday, l2H@l5C
being paid In ehort ribs the changes were at
5G76c. September pork opened at 1865, sod at
1861, down to ll5Ih, closing at II is. Lard was
active bu the market wash arrow September sold at
s.VIh0s7eh; sh rtribs for september were bulled
up lOC early by the shorts but after they had COW
cred prices declined &c, the last sales for septem-
Der being S.5?H.
FUTURES.
Following are the highest closing prices in lead
Wheat~No. ,, July, SEC; August, SIC; Sep
temher, S22lc; October, S3Rc.
Corn-No: =, July, 45'sc August, 45Hc Septem-
Mess porK-fer barrel 49, August IA 52M Sep.
TENDER 1i.65; o oher, II 62sa Jauuary, 1890.
Lard August, s.gl1i September, 9.97]a October,
Short ribs-August, S.45 September, seq; oc-
tober so; January, $50.
CASH QUOTATIONS.
Flour uotably firm at yesterday advance.
Whest-Spring No. >, SlA@S2c; spring wheat,
No. 3, nominal; No, , red, sac.
COrn---No :, l5H0458C.
Mess pork-li 55Gl4 80.
Lard-Per 100 pounde, S.g5Q S9IA.
Short ribs-Sides, loose, $50.
Dry sailed shoulders. 2jGbI.l0.
Short clear sides Boxed, 90j4910
NEW YORK.
NV York. July 81 Flour firm
Wheat-Cash opened stronger, but closed weaker
and &c wer; export inquiry dull; options ruled
NarlaOe and unsettled, opened 3i4G5c lower, after
ward rallied ABlsc, and broke sharply ll4DlRc,
closing firm, with recovery of SGSc; speculation
quite brisk. Spot No. > red, 934M9i%c store ele.
yatqr, g3%4g5$ &c; delivered 955G95scf. o, b.;
options closed, July, nominal August g3 sc: sep
temoer, 0'Ac; October, $3.50; November, giSc;
| December, ajisc; May, 9gac.
Corn-Cash quiet but generally steady; options
| declined &c early later advanced E61lAc, closing
steady with small reaction speculation lair, Spos
| No =, 5bhc delivered, S3lsM53tsc C. f. and (.
options c!oseo, August $3.50; September, 539ic;
oStoSer, 2iAc; November, 53Ac; December, 5O',c
Cofee-Spot, fair; Rio, nominal, l4c options,
sales, i65oo bags; august g less ioso sittS Ss
SSeptemhoer' !! go@6GlONO; October. 9.653}7O;
December, p,O4915; January, go.
Sugar-Dull and nominal, refined easier: c,
| q .l-l6c; extra {, 6hc; white extra c. Csc;
yellow 6'59tac; of G, llGD 64c; x, 6i4c;
| powdered, &c; granulated, 13sc: cubes, IEc
Molasses -Dull and nominal.
Rice-Quiet and steady.
Cotton seed oil-Quoted ilIic crude; 4G6I7c
| for refined.
Tslow-Firm at il4c.
ROsin-Steady.
Tnrpentine at a6Hc.
Woo-Quiet and firm; domestic heece, 2Od3ic;
ulled, 1SQL3sc; Texas, l3G2lc.
Potk-StrOnger but quiet: mess quoted at l4.sO:
old and new, lj5OGl5.,5.
Cut Meats Firm picked shoulders, 5a0Sc.
ST. LOUIS
ST LOUIS, July 81 Flour Quiet and I'M.
changed
Wheat-Cash active and lower, options quiet;
cabls and better weather in Europe caused rush
20 sell at the opening and prices declined. Later
partial reaction took place which wHs followed
by another decline and the close was 2ti@2ilc
below yesterday. No. red, cash, S30S!Ac;
August, S)HGjSlc, closing at S0Ac bid; september.
slaGS42sc, closing atSl'sc December, sjS0SSc,