Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1893-08-24
Chicago Board OF Trade.

CHICAGO, Aug. 2i.-The wheat trade had
a revival OF activity and return of
strength this morning The best buying
OF the morning came with rush the first
hour and prices were put &c over tho
close on Saturday. The influences OF the
morning were on the buying side chiefly
Liverpool was firm, with futures higher.
Wall street stocks started much improved
The trade looked for 900, 900 bu decrease
in the visible supply. Indian shipments
were limited to about 100000 bu for this
week, according to cable. Dispatches
! told OF the reopening Of several banks at
Denver and elsewhere, Against all this
the trade had only the increase OF 2.S2s, 900
bu OF wheat on ocean passage aui the I'M
certain exchange conditions The con.
tinued flow of gold and the genor-
ally brighter outlook financially was n
help to buyers. An hour after the
strong early bulge the Chicago stocks of
wheat showed a decrease of 2;i2 900 bu, re-
ducing total In public houses to 1898 100
bu. Thon tho lakes and canal showed a do
crease of ,236, 900 bu, more than offsetting
the increase of ,00O, 009 in store and afont
at New York. The final figures on the
visible gave trihe over 1000, 600 In de-
crease as expected This was against au
increase year ago OF 3,522, 600 bu md
certainly bullish The market started with
&c to lc p-turn from Saturday ut f9d.Ct0
G2&ic September and i0A0i0S4 Docemser
The strong enrly bulge was to 63itc and
7lLc, lac up From this there was a
gradual settling back to 621SC September
to 1O9sc December.
Late in the session wheat was not so well
supported. The September price got bnck
to 65l9c, whore 1t closed "a e up from Satur.
day, December closed 1o3sc, also &c up.
There was con siderable bull news in corn
for the day, but the receipts suddenly
doomed up very large, and this appeared to
offset other iuflnNDcpg Tho iD1a ia yyag for
800 cars and receipts we're 404 cars. When
the estimate for Tuesday was given out 1t
was for $50 cars II was on this that the
market touched tho low point at mid day
when September was at 3Ss{c, May at Al &C.
The opening was strong aud higher at 39l &C
September and Al 4@4l sc May with slow
decline to the prices named. Tho weather
map showed the drouth continuing over
several corn states. Corn in Chicago pub
lie houses decreased for the week ~ 900 bu
to the very small total Il 1890 bu. Corn
on ocean passage decreased l0i, 900 bu Tho
visible supply report gave a decrease Of
$4,000 bu compared with an increase of
nearly that amount year ago Two At
lantic ports cleared 223 90 bu for the day
Up to the last hour there was a rally OF
only a fraction from the bottom figures.
Corn again closed with little change at
3Sssc August, SS2lc September 4lisc bid
May.
The provision market was strong, with
prices marked up for the session. This was
not the result of any special buying or any
bull influence so ouch as the absence Of
offerings. Mess pork was neglected with
/ ia trade for September, although the
price was quoted Sl2SD bid or zoe over
Saturday. There was some trading in De-
tober pork Mt tl2.95, or 3jc up from the
close last week Lard was dull but ad
vanced from SS.25 bid at the opening 10
S. 32l3, holding $50. Ribs showed the
most activity with the September bid up
from s761IG early to sS.0211 hold S7.0j at /
o'clock.
Quotations were: