The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-10-06
CHICAGO MARKxra
rHr BOARD or TRADE

CHICAGO. Oct. A-The smali local re-
ceipss Of grain and firmer markets abroad
gave the wheat market q strong start. Ii
Had scarcely got under way, however,
when Partridge & Leaning and other
commission houses whose principal clients
are short sellers. opened their Hood gates
and svamped the early buyers. Deem
Der, which started at from b4IsQs54I.c bid,
and with q sale st 5issc. was knocked
down 10 535sc in the course of fifteen min
utes. The short sellers had but few
short minutes of triumph at that time.
The people who handle cash grain re-
ported buyers of their goods at an early
hour of the session. The reports from the
Northwest were confirmatory of what
was autographed yesterday regarding the
falling of in farmers deliveries at interior
stations, but the decreased movement
was generally ascribed 20 the rainy
weather and consequent bad state of the
roads. The tip that the car OF Russia
was dead was . matter which tangled up
legitimate influences for a short time, IN
til the rumor was killed and the car
was restored to his family and sub
jscts. The prices recovered from the
decline. and sold up to 5i1sc for December,
May keeping step In advances and de-
clines At q distance of sc TO 1tsc more or
less than that month. The strength of
corn at this time helped wheat. Tho
failure of q New York stock house was the
signal for general selling by local scalpers.
under which the price dropped again to
5S3kc for December. A few buying orders
at the decline quickly changed the deal
ing Of the crowd oncs more. The price
on the lsst-named advance reached 54s<.
Primary market receipts were light at
74s. goo bushels. which included two days
arrivals at st. Louis. To offset this the
Atlantic port clearances wee only no. 900
bushels in wheat and -four, including TO-
600 bushels at New Orleans. Closing
cables were firm and higher at Liverpool
and Berlin. but rates were easier from
Paris. The bears took more comfort out
of the Wall street failure then the bulls
could End in all the favorable features OF
the days business. The market declined
20 53ilc under the bears hammer
ing, and closed ct 53c 10 $3.50.
Corn was strong the greater part
of the session. The selling pressure
by heavy spectators has given place to
buying BY q similar class. The strength
of the cash situation, which includes the
smaliness OF elevator receipts and very
light receipts. was the main element Of
strength. October corn. which has ruled
lower than the May future recently, got to
a good premium today. and spot corn
brought &c premium over sellers of that
month. A sale OF loo, 900 bushels of No. 2
corn for shipment, which was reported
early in the session. emphasized the
scarcity of srot stuff, but offerings Of new
No. for November and December de-
liyeries from Illinois found no buyers at
from 4c to 4iSo per bushei discount under
May prices. Local receipts we're only
sixty-ninc cars, aud ITO are estimated for
tomorrow, which is very light for this
season Of the year. The market, after be-
ing strong nearly all day. closed weak,
affected by the decline in wheat. October
opened at 50I1c bid. advanced to
52Lc and closed at Sic, or nc
improvement on the day. May started
with buyers ut 5ilsc, and from that
up 10 size, compared with 6ossc at the
close yesterday: closed at 5OJsc bid. Oats
met fairly good sales and. sitter
opening q shade easier, gradually
firmcd up. The movement Of prices in
corn continued TO influence oats, although
there were strong buiIssh features in the
market. May started steady AZ 34,sc,
touched 34ac. sold down TO sSKc, up to
s495Q34.<c and shortly before the close
sold at 34s.c, closing At SIC. The market
for hog products ruled weak. The prices.
compared with those At the close yester-
day. are io- lower for pork. SC lower for
lard. and T,kc of for ribs.
Closing: wheat--0ctober, 5iL495i1c:
December, 55ts155s.c-
Corn-Octooer, Sic. November. size.
oass--october, 2ss<c; November. nomi-
nal at z9ssc.
Rye--Sse.
Barley-5Sc.
Flax--<L 4sil.
Timothy-&5 IS.
Pork-october, ti2 20; January. si2eo.
Lard-oetober, sTo5; January, sI.27H.
Ribs--october. $6.75; January, $63ah.
LIVE STOCK.
Hogs-Receipts. 1900: official yester-
day. 1880; shipments. 1900; Jeff over,
about. Q. 900: quality. not 50 good: market.
moderately active. but easy; prices. about
Sc lower.
cattle-Receipts. 5000: market. quiet;
hest grades. steady; all others. weak:
natives, 81 25T6 %; Texans, 81 Zs9A2o
sheep-Reeelpt 700; market. fair:
prices. frmer. ST. 50@4 for lambs.