The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1888-04-19
GRAIN AND PROVISION MARKETS.
CHICAGO.

CHICAGO, April 17.--when trading began on
Change this morning the interest in wheat ex-
ceeded that of the previous days since the revival
of speculation on the floor. SO strong was the
bull feeling that the opening was Just one higher
than the closing last night, and during the first
hour the range of prices covered cent for all the
leading futures. Wheat sold to-day &c higher than
IL did seven days ago, ranging Sl1i0sS5Ic for May
Early rumor of the death of the Emperor
Frederick and the excitement of the crop situation,
together with the buying craze which comes with
any successful bulge, caused prices to jump at one
time nearly &c over outside prices on Monday.
Realizing later brought sharp reaction, which
wiped oat part of the advance The close at p. IN.
for May Sc, or &c better that top closing last
night. The close for the day was &c lees. Realiz-
ing lust before the close was heavy and generally
conspicuous on the bull side to-day. There was q
leading operator, who was backed by the country
and local bulls Another dealer closed out line
of about lOOO,OOO bushels OF May, at SIC, while
the other markets were not as strong here, as
everything at home and abroad helped the upward
tendency, except for May. The uniform advance
for the day In wheat futures was lc
There was not the same excitement In corn as in
wheat but at any other time the same action in
corn would be remarkable. For May the action
WAS like wheat, from the fact that closing sales
sent the price almost back to the stating point.
May opened at 56S!C, or &c over last night, sold
down to 56h6I56Ac, and then up to 5Ic, from
which realizing sales caused a decline to t6056aic
at the close. Prime also opened &c higher, ut
55Ac, sold down to 55l5c and up TO 567sc, and
closed at 55Sc
In provisions prices declined % cents. Trading,
however, was not large, there being too mu h eX-
element and action In grain for the operators TO
give more than a passing attention to provisions.
One operator sold all the pork buyers wanted, but
the largest purchasers only took "A barrels.
May opened at li25, declined to 1905 reacted, and
closed at O'Clock at II IN, decline of 10 cents
from yesterdays last sales.
Lard was slow, and Sl1l0c lower. May sold at
.1OGg712, and closed at 40. Short ribs declined
7MGl0c. May sold at 71TIi@7 20.
FUTURES.
Following are the highest closing prices in lead
Wheat May, siAc; June, .ss&c; July, sS,5c; De.
cember, S5lsc.
Corn May. 5O'sc; June, 55Hc; July and August,
55Sc.
Mess pork-Per barrel-May, l.O7h June, 1Il5,
July, l2H.
IardEMay, 40; June, rs; July, $50; Au-
Short ribs--Per 100 pounds-Msy, 7.sl; June
7,21H July, 7.25; August, 7.49H.
CASH QUOTATIONS..
Flour-ln fair demand prices firm at a slight
advance over last week.
Wheat-No. red, -.
Corn-No. ?, 56Lc.
Mees Pork-Per barrel, l4.i2xG4l5.
Lard-Per loo pounds, 1.1lGi1!H.
Short ribs, sides-Loose-1.2O
Dry sailed shoulders oxed-5.IJ66.OO.
Short clear sides Boxed-7.I0D1.i5.
NEW YORK.
New YORK, April 17.-Cofee-S fair; Rio
quiet IKE Options q shade lower and less active.
Salas, 5000 bsgs April, ll.OOGll.l0; May, lesl@
10 So; June, lO.S00lO95; July, lO2gl0.25; Au-
gustu0O0; September, 9.sO0J9.O
Sugar--Firm and quiet; fair refining quoted Of
1876; centrifugal, % test, SIC; molasses grades
ifI4Sc; refined, firm; yellow, 5.l6G5 l2l6c OF
A, i-i6c: mould A, 1hc; cut loaf and crushed
1Ac; powdered, tGttsc.
Enthusiastically.
Cotton Seed oil-Quoted IS, crude; SEGA re-
fined