The herald., 1896-10-20
CHICAGO MARKETS.
The Days Transactions on the Board
of Trade.

CHICAGO, Oct! 19.-After oscillating be-
tween Saturdays closing price of 75M cents
and 1871 cents. the wheat market closed to-
day at 77ss cents. 1la cents above Satur-
days closing figure. The unprecedented
advance in Liverpool was the cause of the
strength. The aggregate amount of bust
ness was something enormous and was
characterized by wild excitemen and fire.
quent and violent fluctuations. Corn and
oats displayed considerable strength for
a time. Liverpool opened the ball for the
chicago wheat market. Early cablegrams
from there quoted wheat Sd per Genital
higher than it had closed on Saturday
the equivalent of six cents per bushel That
was enough to start everything on the
pushed raise at Liverpool was only re-
sponded to by three-cent advance here
70 oesin with. In fact. Minneapolis was
near near being as strong as the markets abroad
me absence of shorts in the Chicago deal
ACCOUNTED ts for the hesitating response to
professional speculator looks for buyers to
unioad uDen such market as today's and
Il ne happens to be long on wheat, and as
tirely composed of that class. large num-
pers Per =, OF Il them had wheat for sale as soon as
wa, arxet Yerx VIZ Gssense For =; that the start
!sll and 7s1l cents. Notwithstanding the
there Il were buyers enough to take care Of
It Tor the time being and on subsequent
rssction to ~ cents smother crowd Of buy
climbing once more. 1t only t Stopped ped when When
1t reached ~. From that ,price, there was
again gradual decline and on that second
o'clock. The pit was kept in perfect boil
BY the statistical news. But after every
violent decline there was more violent re-
upward, until the receipt of the worlds
visible supply II figures. gu They showed an
shipped $1,000 bushels to Europe last week
fon M so15asrcpe 1Ss e in
fornia wheat for that country and rather
shook the confidence of traders in their be-
Of that country. The worlds shipments eiHs
bushels or sbout 1000 900 bushels less s',ai' than
requirements Of Europe for the present
season are 1000 900 bushels. so it is evident
that that depleted stocks there are being grad
extremely large, although showing fall
ing off both from last week and last year.
Minneapolis and Duluth report. receipts at
cars week ago, and 1877. on the CORE
spending day of the year before. After the
worked to p as.n ef' fe s prise Snt Of ba Whs
down with long wheat and dropped before
the close. to 77h with 77as cents rs the
closing phase of the market. The Liver
pool market for corn was almost as excited
as 1t was for wheat. First quotations from
there were at on advance of lid per GENITAL
| That and the wild rise in wheat gave corn
here an advance of from B to 13s cents per
bushel at the first jump. Realizing was
induged in on an extremely large scale
and when wheat showed signs of weakness
corn did likewise Oats followed wheat
and corn. Hog products opened firmer
and higher. but during the early part of the
session weakened materially.
The leading futures closed as follows:
Wheat No; 2-October, 7e9s; December
77as May. S2A.
.CorhNo. 2-October, 25s; December, 26ss
Oats No; 2-octoli,r. 1s&; December,
Cash Quotations were as follows: Flour
tirmer; No. 2 spring wheat, 762s; No, 8
spring wheat. 73M77: No. 2 red. 7Sss17S5 I;
No. corn; 285s No. 2 oats, 1s: No 2white
21lsd21A No. white, 2O1a@211a fob: No
rye: Al: No; barley nominal; No. g.
271s6S7: No A. 26m3O: No. / flaXseed, rs;
prime timothy seed. 26002.65 mess pork
per. bbl:, 715I7.20; lard. per 100 lbs. 43OfE
4.S21s: short ribs sides, loose. 3.7O03.9O; dry
salted shoulders, boxed 4I4h: short clear
ides,. boxed 414@43s;. whisky, distillers' An
ished goods, per GAL, lis