The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-07-28
December, sr35ssel37a Spot coffes-Rlo
weak: No :. I5ss 600.



CHrcAee, July 27.-Corn led the grain
market SsAlw dance today. For May
de1sery there vas al excited bulge Of $40
Per bushel. and a net gain OF &c At the
close September closed &c higher The
pad effect Of the scorching heat upon the
crop was the cause OF the advance. In the
Struggles for life of the grea. 1900. 0oo. eco
monster of corn crop IL drew the little
4o1UoOo0 bushel wheat yield into the
Witt OF it, tail lashings aud sent the lat
ters ieaden snirits tossing up and down
Tor two hours. like professional performer
al variety performance. In the end wheat
reasserted its bearish nature and recorded
an advance of 1i.c, and closed weak At an
advance Of &c. Provisions were firm. and
made another modest gam in the values.
In wheat there Was q fair trade and
rather more active market. prices COW
eFlng 1h9lssc range The marke.
opened with free selling at 52ISc for Sep
tember, tribe of an advance. and sold
down Lgl4c, rallied 1sS@lsse, broke
lc, changed some and closed at 52lxc
for September. The surrounding feat
ures were rather bearish. but the
corn situation was something of a
factor and tended TO sustain the market.
Cables we're weak, receipts large and grain
export small, which acted as depressing
factor, as also did the talk of liberal in
crease in the visible on Monday. The
bulge IN corn offset these influences IN .
measure as Ii was imagined the scarcity
oil food and the good prices for the same
would have q tendency TO offset wheat.
The export clesrances of wheat and -four
were TAR, and aggregated 467. COO bushels
OF wheat, i58, coo bushels of which was in
-four. Closing cables were generally
weaker and lower. There was no export
business doing here, and nothing at the
seaboard. Corn was active and higher,
with trading heavy and the market broad
with fluctuations covering 1@2I%c range.
There was an urgent demand from shorts,
and the country bought freely, the open
ing being very unsettled and prices irregu-
lar at 1sdlc higher for September and IL
@1szc for May. The market eased off ga
&c, rallied 19i1kc. worked down I@2c.
ruled hrmer and closed at 1890
for September. The showers predicted
again failed to materialize and the news
papers were full of damage and drouth.
Some of the reports we're most sensational
and created great deal of anxiety among
the shorts, who sold freely yesterday, but
fastened to cover at the opening today.
Country buying orders were much more
numerous, especially from Iowa and
Nebraska. where it is supposed by many
operators that the crop has been perma-
nentiy injured. Realizing at the advance
caused sharp decline, but the market
rallied and closed firm. Oats were stronger
in sympathy with corn and, on the un-
favorable weather In the West The range
was 1c for September, and the close
showed gain of 20 for the day. Pro-
visions were firm during the greater part
of the session on scarce offerings and the
strength in corn. but weakened near the
finish when corn declined. Compared
with last night September pork Is &c
higher. September lard 2Izc higher and
ribs 2l5c higher.
Closing: wheat-Steady, July, 6ossc;
September, 52s4c.
corn--Higher; cash and September.
44skc: July. 44c.
Oats-steadv; July. slssc; August and
September. 1870.
Pork-Higher: July and September.
sl275.
Lard-Higheri July and September.
S6.97Is.
Ribs-stsady; July. s6.76: September.
Sc. 70.
Rye-Steady; 4oc.
BarIey-Nominal.
Flaxseed-Nominal; new sL1eH; old,
$I.l4
Timothy-Steady; s5G5.10
LIVE STOCK.
Hogs-Estimated receipts for today. o.
600 head: shipments yesterday, IL. 2s2
head; left over. 5000 head; quality, fair;
market. rather active: best grades, 5t1i0c
higher; sales at $5@532lS for light; Sass
@490 for rough packing; sA90@5.30 for
mixed; si9315.20 for heavy packing and
shipping lots; pigs, 81 2094 go.
Cattle-Estimated receipts for TODAY.
5000 head; shipments yesterday, ALB
head; market, slow, easier.
Sheep-Estimated receipts for today,
5000 head; receipts yesterday. 7.772; mar
ket slow; prices steady.