The herald., 1896-12-04
The Days Transactions on the Board of
Trade.

CHICAGO, Dec 3.-Liverpool again con-
trolled wheat prices at the op>Sing today.
The opening tone was less responsive to the
decline here yesterday than was expected,
the decline at Liverpool being only Nd.
This lack of sympathy abroad with our
depression and the fact that northwestern
receipts were again very small while not
entirely changing the bearish feeling pre-
dominant before the opening. encouraged
brokers sufficiently to start prices al de-
cline of only 3s to lsc, May opening at from
S17a to 82h, chiefly around 50. These favor
able factors gradually developed decided
bull sentiment and the decline was not only
recovered but the price went 1ls cents above
the low figure. New York and St. Louis
sent generous buying orders and the shorts
covered freely. There was unfavorab.e
the total Argentine exports from the last
crop were only 22G00,00O bushels and the
surplus from this crop would probably not
exceed that against 60.0O0,000 bushels in
1894. The receipts at Minneapolis and Dull
nth were 355 cars as compared with 1910 on
the corresponding day last year. But al SO
cents. TO which prceI advanced. the mar
ket received check. One of the matters
most generally talked about was in refer
ence to the APPARENTLY unauthorized state
| ment that Armour & Co. will deliver two
million bushels of wheat on December con-
tracts some .me after navigation shall
have closed. Then came the news that the
Duluth flour mills would shut down for
three weeks and Minneapolis wired that
tIie houi tIdue tHere WAS exceedingly dull:
| that although the mills had booked 245. 900
barrels for the week not over 10 per cent
OF II was for export. This helped to weaken
values and there was a rush of early buy
ers to unload. which soon broke the price
May declining to Sl% cents. Al that point
the market turned upward again. A good
many of the sellers had rather overdone the
thing and covered. The Argentine news
which had its effect early in the session was
again played on the market and the marke:
got quite strong in the last hour. May sold
up to S2M cents. finally closing strong at
s3a, Ms31s. 1t was a scaper's market in corn
with puts and calls as its basis. Fuctua-
tons were narrow. Oats were firm and
higher with the advance accompanied by a
large business and session of great inter
est provisions opened strong at slight
advance due to the smaller hog receipts
than was expected and higher prices at the
YARDS Everything closed not far from the
ton prices of the day.
The leading futures closed as follows:
Mheat-No. ?. December, S09s; May, S3%
dS3N July, 7sH
Corn-No. q December, 23hd2Sas; Jan
| uary. 2sia; May. 26ia
Oats-No. 2, December. 1Sas: May. o1a,.
Cash quotati-Ns were as follows:
Flour firm; No. spring wheat S05sGS1:
No. spring wheat. 1S6So No. red. aO5&q
No white. 22d23 fob. No. white. l7a4 a
= Lob No. Frye. A. No. barley, nominal;
NO. 3. 2id31 fob: No. 4, 236tS0: No fax
seed. l5ia179; prime Timothy seed. 2.55:
mess pork. per bbl, 6.95G7O lard Der 100
| lbs. 3.90n395: short ribs sides Qoose.) g. -
d4.N: dry salted shoulders. (boxcd1 iS1
| a. short clear Sides (boxed) 4n4i<
whisky, distillers' finished goods, per cal.
LIS sugars. cut loaf. 5.26: granulated. 4.53
SIT.