The herald., 1896-12-23
The Days Transactions on the Board OF
Trade.

CHICAGO. Dec. 22.--Wheat opened from
z to x cent higher than it closed yesterday.
May was wanted at from SoM to Soss and It
could not be bought for less than the lowest
of those prices ali forenoon, touching Se"s
cents shortly after the opening. The cause
of strength was mainly the firm and some
what higher cables, the unusual foreign
demand yesterday and more bad news
from Argentine, the opinion abroad being
that even with good conditions from now
on. 1t will not be safe to count on more than
900 bushels export from that country.
The strong factors which developed yes
terday, especially the active export de-
manu-qu.te unusual during the. holiday
week-had their effect. The offerings in
duced the covering of short lines and stim-
ulated the demand for the long account.
Bradstreet's figures on the visible world :
supply were disappointing. They showed
an increase of only $4,000 bushels, which
compared with an increase last year of g.,
10000 bushels, but does not look very hear
ish: but even this small increase was larger
than the majority OF spectators had been
led to expect. lii fact it did not have much
effect but served to pave the way for the
weakness which followed the announce
ment of two bank failures in ST. Paul. This
latter fact, coupled with the unrest In local
financial circles brought some moderately
heavy lines on the market and caused de-
cline by 1880 o'clock to 1919 cents. The re-
ceips here We're 73 cars; Minneapolis and
Duluth reported 359 cars compared with
4i0 Tuesday week ago and ASS cars the
corresponding day of the year before. At
the Atlantic ports clearances were equal to
S65JO0 bushels OF wheat and flour together.
Foreign orders for cash wheat were for the
most part limited to q shade under the
market but one small parcel of 10000 bus H.
els of No. spring was sold to Liverpool
when the price of May was a so cents. New
York also advised some fresh export busi-
ness so that when wheat reached S01a for a
second.
1000 brokers who We're unable to secure any.
BY the time the closing bell rang May had
again risen to Sol4MS0ss cents. Corn show
ed the near approach of the holidays and
the trading was almost entirely of a scalp
ing nature. Oats were quiet with business
principally of scalping nature. In pro-
visions. apart from the exchanging Of
about $4,000 barrels of pork held for Janu-
ary over to May and similar transfer of
few thousand terces of lard there was
nothing worth remarking of the days
trade
The leading futures closed as follows:
Wheat. No. 2
december OBSERVATION-DISCLOSURES.
May ....................... .Sui4 a Soss
july ........................ ..ioI
Corn. No. ?
DeceIuDer
January .........................
May ......................... ...Zo,S
december .......'.................. ~
May Observation-Disclosures.
Cash quotations were as follows:
Flour. easier; No. spring wheat. 1IMUH :
No. 8 spring wheat. 73d14; No. . red, s9i4f
S9as: No. corn. 23ss: No. . oats, 161aG1GA
No. white. 1SlsM20: No. white. 16a4m171a :
No. 2 rye. 81; No. 2 barley. nominal; No. ?
33iadt2Sa4; No 4. 230t25; No. flax seed. ia
1879: prime timothy seed. 2.60M2G5: mess
pork. per bbl.. 6. 6.15fi6S5; lard, per 1C0 lbs.
3.15U3.7 771a: short ribs sides. Ooose), 3.156t
400: dry sailed shoulders, (boXed). 4Ttia;
short clear sides. (boXedD. 4u4ia: whisky.
distillers' finished goods per gal. -.
Receipts. Shipments.
Flour barrels ............ 5000 1000
Wheat. bushels. ........... 5000 64,09a
Corn. bushels .2720O0 5000
Oats, bushels 43l 600 2i2. COO
Rye. bushels. ............. 14.OO0 ---
Barley bushels. 10000 A, 600
On the produce exchange today the mar
ket was firm: creamery. 15020: dairy, 10diI:
eggs were steady, fresh, %.
CHICAGO LIVESTOCK.
CHICAGO. Dec. 22.-Cattle-Sales were
best native steers. Fancy cattle were nom
inal at 53OM5.40. The export demand at
4.loM4.SJ was an important factor in the
market. Stockers and feeders brought 800
M3.75; cows. 2.00d3.0j; prime hefers AGO.
bulls. 2.2jd3.25. Hogs-Common to prime
lots sold at 2951S.40. The great bulk of the
offerings crossed the scales at 3.2dSrS 80.
Trading was very slow. Sales were made
at 3.25d350 for the poorest lambs UP to 500
for choice and few fancy lambs at 5. 1O6l
5.2O. Sheep sold at 2.25M2.5 80 for the poorest
up to S.65 for the best, and yearlings
brought 3.5014.O0.
Rsceipts-Cattle, 1000; hogs, 2s, 900; sheep,
II 900.