The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-12
CHICAGO.

enemies by the decided strength 1t dis
plsved in tho face OF a mos; bearisn gov
er1meut crop report. Tie frmncss or
ca bles WAS perhaps the chief element oil
strength IN causing an advance OF rs IN
the May options. Corn and oats shared
tic strength N degree, advancing about
Sc each. Provisions were welk and de-
clir..i 7laIi'.
ihe LIVERPOOL cables. May. which closed
weak Yesterday n. is's, openc1 today az
rom iS9s 10 79i4. and inside Of an hour
h1d climbed up to 1875 Opening quota.
tons from LIVERPOOL showed declmie NJ
Nd, but later cable. also received before
tie opening IF the session mere, showrh
cidedly bullish, one private cable froru
well known Liverpool house remarking
that the decline had brought forward an
active demand, and expressed the opinion
that prices had touched bottom Later
cables reported a further ADVANCE, bring
ing prices from lrd higher Tor March 10
~ higher for May and the closing prices
OF the Ia: before The Liverpool strength
WIS said to he largely due 10 Tho bad re
port OF The Argentine crop II was gen
oraliv expected thar tho government crop
report would exercise very depressing
effect on values. 1t showed that the crop
sown las; fall is not only rcr cent great
It than Aarvcs ed his year, 3ut jhe con-
Clilon is NEARLY perfe0, md indicates
yield fullY loo. 900 bushels gretter thar
gathered this yutr-pru,iding ALWAYS that
neither condition nor acreage suffers any
impa lrment But the trade took IN view
the conditions that the plant has got To
encounter before tho next harvest, eight
months hence. md concluded that the
present condition dii not onor a very safe
bass for future action. New York gave
tho best kind Of confirmation to .ha i'm
prOV"mcnt IN the tone OF the foreign mar.
kcts by reporting a liberal demand from
FnglSn houses against cable acCeptanccs
OF their previous offers. The foreign new
was IN" principal. hut not the only reason
FOR the advance which took place after
nc opcang, ana which was mostly main
tfined 20 the end. Northwest advlccs were
to the effect that receipts there would be
much smaller after Monday. Exports OF
wheat and hour from Atlantic seaports
amount together 10 the cqu}valen, of 300
100 bushels. The closing public cables
We're rather disappointing. iuasmuch as
although lhyerpool quoted futures ad-
yaIHcel CALIFORNIA was II lower and No
kSts were generally firm. May rose to
Soil by II o'clock ana fHc,uated be- wecn
that figure and 79N, during the greater
part Of tho day, finally closing firm at
Corn was dcpressingy dull. although
iirm, Tho iirmncss WAS principally due
80 ne advance in wheat. but got a slight
inkllag Of that selling from another DAYS
roccip.s considerably smalle. :han yestcr-
day" estimates Gables were lower. This
ana the narrowuess OF trading prevented
any material decline.
White a fair business was transacted in
oal-, there was no such Interest manifest
were conllned to narrow range and
closed where they did vester lay, being In
iluonccd entirely by corn
Provisions iook the opposite course TO
that of The day before Local spcculators
VINO had n lttle profit IN previous pur-
chaF'~ werr among the sellers Nav ,orl,
closed 15c lower, lard and ribs each Zoe
lower.
ESTIMATED receipts Saturday: Wheat. 81
cars corn, go; oats, fol hogs 20,c00 head
cash quotations were as follows:
-Four Steady.
Whclt- No. = spring 7G17c'l, No :
Oats No. Q, l7a, No, . white, +. o. b.,
2lu22la, No. 3 white, l7i4u1S.
| rye No. . %
Bar'ey-No. 2. nominal No g. f. o. b..
2iq3i. No e. f. o. b., "a Il.
| Flax seed No. l. 756f7S
! Timothy seed-primc. 2aja?6o
| Mess pork-Fer barrel. 6.sonGS So
lard--ler 100 pounds, 3,l5d37 7le.
| Short ribs si9es-I.oose, 3Sl0i.u5
| Dry ml'eA shoulders Boxed r,Grs.
| Short clear sides Boxed. 4n4is
| Whisky--b stillers lin shed goods, per
| rad / Is.
! Articles-- Receipts. SHIPMENTS
| Flour. barrels ..,.,.... 5000 1900
| Wheat, bushels ...,.... 22.O1o r coo
| Corn bushels ....,...,.. Us, D0b q. ono
| Cats, bushels ........, .3'G.0O0 l3a,00o