The times. [volume] (Richmond, Va.) 1890-1903, 1893-08-11
CHICAGO.

CHICAGO, ILL, August 1O.-Eyery-
thing on Change showed strength to-day
and closed at an advance. Wheat is
| nearly one cent better. Corn and oats,
| Notwithstanding reports that the big
drought Is broken. retained isc. gain each.
Provisions, despite yelloW-fever at Pensa-
cola. had very few soft spots and closed
2Oc. higher for lard and lOc. higher for
ribs a large source Of the strength was
a dispatch from New York saying only
eighteen million Of clearing house certi-
ncates issued have really been used and
that this amount can easily be retired by
gold coming from Europe or BY the ad-
ditional currency now being taken out
by banks.
Wheat at the opening was about &c.
higher than yesterdays closing figures,
declined %6itac., then became hrmer
again and prices were advanced &c, held
fairly steady and the closing was about
1kGlc. higher than yesterday. The break
Of kNi2c. was on account OF Nashville
failures and on large offerings. Influenced
by an easy feeling in corn, attributed to
reports Of rain in the West. Later
the market was very strong again. on
good buying and only small offerings.
English cables were n little more en-
couraging. There were reports Of con-
siderable more gold coming 10 America.
Some operators looked for some improve
ment I'm the Government crop reports,
and others for a lower condition. II Is
still very difficult TO sell exchange, and
this interferes somewhat with shipping
operations. Corn at the opening show
ed sc advance. but soon reacted on re-
ports that II was raining In several parts
Of the corn belt, and principally al omaha
he W.
that the rain would become general.
The price worked back a full cent from
the opening figure, afterwards rallying
sc, changed some and at close gained
a fraction. Receivers We're more inclined to
sell. evidently anticipating increased Of
fers from the country should the rain
reported become general The Govern
ment, II was thought by many, would
not show much, II any. lower conditions,
as the damage by drought has occurred
since the statement IS made up. Oats
opened 1sd%c. higher, in sympathy with
corn. The advance induced liberal sell
ing, and prices receded X to &c, rallied
&c, and closed quiet at about the same
prices as yesterday. Receipts OF hogs
were again small, and packing in the
West for the week amounted only 60
12O, 600 head, against 100000 for the cor
responding week last year. Much OF
to-day's strength I'm products. however,
had its basis in good cash demand for
lard, and that I'm turn was induced by
an advance OF two shillings per hundred
weight I'm Liverpool. A good many
sales, aggregatlng about 1000 tierces.
were affected at about the September
prices. Business I'm ribs and pork was
light Estimated receipts for tomorrow:
Wheat. 50 cars; corn. go cars; oats. 200
cars; hogs, 5000 head.
Cash Neutrality-suspicious. unchanged; No.
spring wheat, 59d59sc.: No 3 spring
wheat. + o. b.. 57q5sc.; No. red. 59a
5oikc: No. corn. 3Skc.; No. oats
24c; No. . white, CSC; No. 3 white. I. o.
b.. 26ikG27iac.; mess pork. per barrel,
s12. GOG12.75; lard. per 100 pounds. ss.32i5
Gs.3si5: short rib sides 1oose). sT.42Ibl6
745; dry salted shoulders. s7OOd725:
short clear sides Cboxed), s7.G2ndTS7a;
whisky dlstillers' finished goods. per
gallon, SLIP; No. corn, 47Nc.