The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1891-07-02
ST. LOUIS.
GRAIN AND PROVISION MARKET.
CHICAGO.


CHICAGO, June 30.-Wheat was strong and
higher at the opening this morning, record.
ing figures full cent above the last prices
of yesterday, but the advance did not head
aud after bobbing up and down a couple Of
times closed weak and e to &c lower than
yesterday, AT the bottom figures of today
the news of the day was mixed in its tenor,
though most Of it was bearish, and the
weather is favorable with harvesting, with
a high barometer and the tone of the cable
market was decidedly bearish. indicating
extreme depression. In the face of
this, however the local crowd
was persuaded by bullish sentiment
which accounted for the higher opening.
They had several arguments in support of
their position. The shorts were very merry
Gus and covered good deal of July around
the opening, because of the sma stock of
contract wheat in store here, 100000 bush
els against 1.395,0CO bushels week ago,
and the rumor that arrangements had been
perfected for receiving and shipping from
100000 to 100000 bushels during July,
which it was thought must enhance the
price of the cash article materially.
Corn was decidedly stronger, active and
higher and held good share of the ad-
vance. The receipts were about fifty cars
short of the estimate. The stock in
store was only 10000 bushels,
there was an active demand for cash corn
at higher figures, and the weather was de-
cidedly cooler and not so good for the grow
ing crop. The result was an active de-
mand to cover shorts and old bullion. The
syndicate was also buying, Offerings were
light and the results were that
prices were slightly advanced. July
at 53K to sac against 53c at
close yesterday, advanced gradually
to 55Tc before noon, then The shorts hav-
ing covered and wheat having weakened,
corn also grew weak and closed at SAC.
Provisions were fairly active and firm in
sympathy with the advance in corn and
the advance in live hogs at the yard, but
the market weakened later with that cereal.
Pork closed with gain over yesterday of
2Hc. Lard unchanged, and ribs were 2%
to INC higher.
LEADING FUTURES.
Leading futures closed-Wheat June.
92Hc; July, 89kc; August, S6Ac.
Commune, 57Kc; July, 54Hc; August,
dAc.
Mess pork-Per bbl., July, 1000; Ser.
tember, 1921.
Lard-Prime steam per 100 lbs, july
Snntanh
Short ribsmPer 100 lbs, July, 500;
625.
Cash quotations:
Wheat-Spring, 92Tc to 93L.
Corn-No. 2, 57Hc.
Pork-10. 90.
Lard-6.1213.
Short ribs sides-5.S5 to 5.95.
Dry sailed shoulders-5 05 to SIS.
Short clear sides-6.30 to 6.35.
ST. LOUIS.
ST. LOUIS, June 30-Wheat opened "a to
nc higher than yesterday and closed Il to
2sc below yesterdays closing price. No. 9
red, cash, 80 to 921lc; July, S42sc bid Aug.
33Mc; Sept. $3.50; Dec. SIC bid.
Corn opened strong and closed a to &c
higher than yesterday. No. 2, cash, IS;
July 52c bid; Sept. AK.
Oats Quiet but steady No. 2, cash, 33k;
July closed 3OAc bid; August 27Xc bid;
Sept. 47Bc nominal.
Cornmeal-3 10 to 3,15.
Whisky-Steady at Lie.
Observation-Disclosures and strong.
Pork-1045.
Lard-5.S5,
Dry salt meats-Boxed shoulders ASH
70 4.9O longs, els, ribs, CPS; short clear 6. rs.
Bacon-Boxed shoulders, $50; longs,
i.65 to 6.75; ribs, 675; short clear, 6, SIX.