The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-07-03
Grain and Praxi.ian.

ST. Louis, Mo-, July 2.-Flour-Quiet and
easy, but unchanged.
Wheat-Thc spot market opened lower aud
unsettled, but closed firm. options were
weak In the early market, but under steady
| buying, stronger cables aud advances else.
where, prices rallied and closed ICtac
above Saturday. No. red, cash, s2(asSc;
July Isek@10.c, closingat 7oi4c; August,
ls1s@1S'.o, closing at IOTc December, IS
| Cgsi1.c, closing at sac.
Com--FirmeT July, kc higher; No. 2
cash, closed at 5iAc; July, uA@5lci.,
closing at i5kc; August, 451sCi45g.c, closing
at i6Ac bid; September, 45,ketiGc closing
at &c asked; the year, S0'.C'1yic, closing at
oats-stoady and firmcr cash, s2@32JIc;
July, 20Ac; August 2;ic.
Rye-lower, offered at soc. Bmn-steady
at 6lc. Flax sccd-Quiet, at sl.O3. Corn.
mcal-Stcndy at SOS.
Hay-Dull, except for highest grades;
prairie, s00@sii.oo; timothy, $1,000
Eggs-Quiet at lie.
Buiier-QuieE creamery, i5@iso; dairy,
| llMl6c.
ProyisIons-vcry dull. pork-lowcr; lob
bling, tii3o. Lard-nominal; 1913. Baoon
and dry salt mcats--vcry quiet and un-
changed, with only small Job trade.
Icceipis-flour, 5000 brls; wheat, 1900
bui corn, 1900 bu, oats, 4i,Ooo bu; rye
aud barley none.
shipmcnts--.Flour, i2ooobrls; wheat 5, 600
bui corn, $4,000 bu; oats, 1900 bu; rye,
and barley, none.
CmcAoo, H., July 2-Those who anticl.
| pnied large deliveries Of wheat this morning
were disappointed. Instead Of 100000
bushels there was onc-tenth OF that or about
10000 bushels. Tho tendency was 20 help
prices Tor July THIS option closed satur.
day sc nntcr August. ltopcncd NC under
| August, but SOON advanced nearly Nc, while
August moved up but a fraction, putting
the two futures together AZ 7D,sc, aud later
they were together al 7DAc, and not full
hc apart for the rest Of the forenoon. A
part Of the general strength In the pit early
was due TO cable. which quoted &c better
prices nj Liverpool. There were &c advance
al New York also. After the frst hour the
market was an Indifferent ono al this point.
The mngc Tor July 10 near the close was
1Dltc, the opening and lowest price and
7glt91Ohc, the ouisidcpriec. August sold
within the narrow limit " spR6tTO,sc. The
visible supply figures posted about noon
gave decrease In thcsNtihle supply OF
$4,000 bushels, somewhat larger than ox,
pcctcd, but not larlss. enough 70 DC
more than stiien the maukot. The deliver.
ice OF corn wcrc very laGe this morning, be.
ingcstimatcd NJ about 9pcl,foo bushels. ou
account Of the characteg ~ Ihe holdings, ths
deliveries had a tirminF tendency on the
market ~ the stun passed ftom the hands Of
a combination into the hatIis Of parties who
are likely 70 move thcrlcd4n. The dccreas.
In the visible supply was large at ,2Ii 90,
bushels. The market fonfhs day was markcd
by strength early, wlth prices about y,
higher, o weakness about noon which tool
prices 10 the closing palpis Of the last week
and rally al the cloy< 10 about the bos
prices Of the day. July sold az t5lsCtt7tlc
and closed at is,lc; August started nj ts,Sc
sold at tstc down 10 tSldfs,sc, aud close,
az tslic oats were very quiet, but the gen
erai conditions u the trade were fairly favor
able, aud a steady feeling prevailed. Arri
walls were raih,r small, tho deliveries on Jul,
contracts were light and thcrc was quite
liberal decrease In the Visible supply, Will,
other markets showed sicadiness. Thos
several influences had no special effect
owing probably 10 there not being much o
speculative trade. Fluctuations IN price
were too small 20 be Important
A comparatively light trade was rcporte'
IN. the market for hog products, and IN
feeling Vas easy during The greater portio