The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-03-12
GRAIN AND PROVISION.
CHICAGO.

Chicago, March 10.-A government re-
port day is never inducive of activity in
the speculative grain markets, and today
being one of them. business was quiet.
That, however, did not prevent decline
of LIE per bushel in the price of wheat.
Corn and oats made scarcely any
change in their price
Provisions opened at Il good advance
and closed with all the opening improve
ment and a shade added as regards the
price of ribs.
Wheat, which looked at the close yes
terday as if only needed confirmation
of the private cablegrams regarding the
small exports last week to start in on
fresh advance, opened lie below the
previous days closing price, although
the desired confirmation confronted the
traders before the session commenced
The weakest factor in the market was
the weaker cables. Notwithstanding the
fact that this market advanced yester-
day and had firm closing, Liverpool
came I'D lower, which was an unpleas-
ant surprise to the trade. That, accom-
panied by liberal receipts in the North
| west, amounting to ACT cars, and the
most favorable weather possible for the
winter wheat plant, caused the opening
break and the weak feeling which char
acterized the trading during the first
hour of the session. The expected gov
eminent report of the stocks in farmers
hands had tendency to limit the
amount of business done, but there was
evident Encouragement on the part of
holders and considerable liquidation re-
suited. Later in the day there was Il
rally reported in the Liverpool market
and some improvement here followed.
May opened lie lower at GA 5-SM65c,
declined to GA LIE, advanced to GA Use
and back to GA 3-4c.
Bradstreets reported decrease of l.
6S5000 bushels in the visible east of the
Rockies, and a decrease in and afloat
for Europe of 36S000 bushels, or total
decrease of 2,052,000 bushels. That
caused stronger feeling and the market
ruled steady during the remainder of the
session, closing at GA 7-SM65c.
Corn was very dull and fluctuations
narrower, if possible, than yesterday.
There was a fair cash demand, and this,
with the late recovery in wheat, gave
some strength to the close.
Oats were rather heavy, and though oc-
casionally some activity was displayed,
the heavy receipts had some weakening
effect.
More activity was displayed by pro.
visions than usual. The opening was
strong and higher, influenced by the con
tinued small hog receipts and with a GOOD
general demand and some particular buy
ing prices were well maintained. AT the
close pork showed an advance of II lie
lard Z lie and ribs Zoe.
Estimated receipts for Wednesday
Wheat, 65 cars; corn, 260 cars; oats, 11(
cars; hogs, $4,000 head.
Cash quotations were as follows:
Flour, steady; winter patents, $500
J $50; straights, $3.00@3.05; spring pat
ents, $31O@340; straights, $2.6002.90
bakers, $21O024O.
No. 2 spring wheat, 631aM64c; No.
/ spring wheat, 61@64c; No. = red, 66B0
671ac.
No. = corn, 2SAc.
No. 2 oats, Zoe; No. white, 21M21%c
No. 3 white, 20M21c.
No. = rye, 3SMc.
No. barley, nominal; No. j. 25030c
No. i, 2562Sc.
No. 1 flax seed, Soc
: Prime timothy seed, $3.50.
Mess pork, per barrel, $9.S0M9.S5.
Lard, per 100 pounds, S5.35M5.37Ea.
Short clear sides, boxed, 5as0513c.
Dry sailed shoulders. boxed, 43sd4:Ac
Short clearsides, boxed, 53sM51ac.
Whiskey. distillers finished goods, pc
gallon. $1.22.
The leading futures ranged as follows