Evening star. [volume] (Washington, D.C.) 1854-1972, 1891-08-18
LAST OF THE FURRY,
A Quieter Tone in the Grain Markets
of the World.
THE PRESIDENT LEAVES CAPE MAY.
Assembling Of the Virginia Farm
ers' Alliance.
BANK wRECKERs IN COURT.
THE FURRY HAS PASSED.

Fluctuations in the Grain Market Reduced to
About Their Normal Range
CHICAGO, August 1s-The feeling in the
wheat and corn pits was very different this
morning from that manifested at the opening
yesterday. The wild furry and excite
ment had all passed away and auctu-
ations were reduced TO nearly their nor
NAL range on an active market. The board
OF trade, Liverpool, report quoted spot wheat
IL pence lower and futures ~ lower. This
was doubtless the cause of the weakness in the
market shortly after the opening. December
started unchanged in comparison with the close
yesterday at l03. 1t soon sold up to 1885,
broke to 1925. rallied to 1885. broke to 1927 (
again and to l0S and of to 1925 at 10 o'clock.
The corn pit was very quiet, opening q lower
at 63. September sold 70 625I rallied TO 631 Il,
reeeded to 6S and stood at 6Shl at 10 o'clock.
Provisions were quiet September pork
opened unchanged at g. IS, sold Of to &C. 30
and rallied to $40 at 10 o'clock.
September rye, which closed yesterday at lo2,
was offered this moring at SO.
PRICES DECLINE IN BERLIN.
BERLIN, August 1s.-The grain market closed
fiat last night, but at the opening this morning
there was a decline in prices and the market
was excited. August rye, which closed yester-
day at 267 marks, opened at a decline of 10
marks 30 pfennigs, being quoted at 246 marks
SO pfennigs. September and October delivery
closed yesterday at 245 marks and this morning
showed decline of 8 marks SO pfennigs, the
price being 2S6 marks SO pfennigs.
Wheat for August delivery opened at $40
marks decline of marks from yesterday 9
closing; September and October delivery
opened at 236 marks, a decline of marks 50
pfennigs. The decline in prices was caused
chiefly by the news of the governments action
in ordering the substitution of wheat meal for
rye In the making of bread for the army.
There Is growing belief that the situation
has been exaggerated, and that the
recent rapid advance in prices was not
warranted by the facts of the case.
The liberal press continues increasing the ve-
hemence of its protests in regard to the corn
duties, painting in the darkest colors the dan
gers attendant upon further hesitation upon
the part of the government. The same news
papers declare that the industry os the country
Is decaying, and that wages in consequence are
declining In amount on all sides.
LONDON, August 1s-A dispatch to the Times
from Berlin says: The danger of distress ow-
ing to the. advance in grain has been greatly
overrated by free trade agitators. The Berlin
RetchSdnz el9er says that winter-sown rye is
estimated to produce 81 per cent Of an average
harvest"
HAMBURG. August 1S.-The Correspondent, in
semi-offcial article, states that the intention
OF the government to use wheat instead Of rye
Tor the army Is an important advance in its de-
hberate policy to make Germany more nde-
pendent than hitherto of foreign countries in
regard to her economic interests. Although
the present prohibition Of rye exports by Rus.
STA may have been promoted by the fact of a
bad harvest. 1t is not impossible that at some
future date political reasons might dictate
similar measures on the part Of the cars gov
ernment.