Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-09-02
GRAIN AND PROVISIONS.
A Dull DAY ON THE nosnp OF
TRADE.
September wheat Closes one-iiait
Cent Dcwn, Caused by an Addition
OF n Million bushels TO the visible
suppiy-Corn and Oats.

Chicago, Sept 1.-poard OF trade bus
mess was rather light today and the
bears had the advantage in the con-
temptation OF big array OF figures
as likely to represent the receipts OF
Tuesday morning. Another unexpected
addition to the visible In wheat OF
about 100000 was also against the
bulls. As a consequence September
wheat is Lee lower than It closed yes
terday.
Corn. after lively rise in the be-
ginning. tumbled until $40 lower for
September and s-sc for May. septem-
Der oats closed 3-4c lower and pro-
visions finished at an advance. A
general desire to anticipate the effect
on Tuesday OF the Accommodations of the
receipts during the Sunday and Mon
day holidays caused wheat TO rule
weak. 1t was steady for about an
hour but broke down with sudden
collapse in the price OF September
wheat, which reawakened the traders
TO what had previously been In their
mind about the expected big receipts
on Tuesday.
The receipts today were rather small
er than estimated for Chicago and at
Minneapolis and Duluth the reported
receipts did not indicate any likelihood
OF the volume Of farmers deliveries
In the Northwest increasing. The for
elgn markets were steady and the de-
liveries OF wheat on September COM
/ ERNu Il. 1..~ N..
elevator proprietors. About 2,000,000 was
the quantity which was supposed TO
be rendered in the morning by a few
houses and after going the rounds II
found Its way all back to the carriers,
who have II sold for December Trade
was light and the prices were thus
easily affected by a moderate amount
| OF short selling. The bulls ara Juggling
| probably 1b0. 100000 bushels Of long
| wheat IN this market aud they need
help when their burden is Increased
by the impact OF the short sellers Jump
! ing on their shoulders. December closed
90 7-sc, or 3Vso below It's closing Friday.
1t advanced TO % 3-sc. sold or to 80 -
and closed 80 SIS. There were prhc-
tically no deliveries OF corn OF Sop
TENDER contraots today and conse-
quently the shorts for the month We're
alarmed. The holders Of the cash corn
did nothing TO allay their fears. but
on the contrary j, c. schwartE's rec
ognlzed brokers were bidding for the
limited offerings during the first hour
OF the session. September opened 81,
as against Sc "a at the close ycfser-
day. 1t rose excitedly TO 90, and after
reacting 10 IS, close to which II held FOR
a short time. IL had a sensational tum-
BILE to 90 i2 and later to 90, al which
latter point It was when the market
closed The weakness came from ex-
pecte1 heavy Monday receipts. Mny
opened firm at about yesterdays close
and advanced under the influence OF
the strength IN September. until the
former touched "a. IL declined from "a
to 90 rs and closed at bS. s-S lower than
the previous afternoon. Receipts cstl-
mated at $50 cars for MONDAY was n
weakening factor. The oats market
| opened with flrmer tone and orders
| quite plentiful, but this strength lasted
but very short time. for when the
corn market weakened oats followed
and at the end OF the session prices
were considerably lower The decline
was also helped by liberal offerings
and rather tame demand.
Az the opening September sold from
30 to 30 is. Then the decline COM
menced and 20 IA was the lowest price
reached, The price was Did Mt the close.
Provisions were strong There was very
niue llspohluoh 10 sen HHNtlf = ne w
liyerles on September contracts were
insignificant.
Hog receipts for the day were 10000
and the price quoted from the yards
showed about l0c advance In their
price aiding In the advance. Pork sold
at Si4 for both September and jan
uary and closed worth si9.95 for both
de- vcries. being an Improvement OF
| from IL IL in September 10 7 IL Ia
January. Lard closed with Ioc gain IN
September and SC in January. Ribs un-
changed.
Freight rates steady at l 3-s for
wheat, IA for corn and is for
oats to Buffalo; is for corn and 10
| for oats to Port Huron. The receipts
for Monday are estimated at follows'
wheat. $50 cars: corn. $50 cars: oats,
1926 cars: hogs. $4,000 head.
During the next week $4,000 head OF
hogs are expected.