The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-12-12
CHICAGO MARKETS.
The Ranrd OF Trade

CHICAGO. Ill. Dec. I--Wheat took its
opening strength from the Liverpool mar
ket. May closed weak yesterday at 7sssc;
opened today. at from ss5sc TO 7si.c, and in-
side OF an hour had climbed 10 79Tsc.
Opening quotations from Liverpool show
Ell decline of Nd. but later cable also
sion here showed a I'D recovery. The gem
eral tone was decidedly buliish. one pri-
vste cable from a wen-known Liverpool
brought forward an active demand and
expressing the opinion that prices had
touched the bottom. Later cables report
ed a further advance. bringing prices from
1sd higher for March to ID higher for May
than tho closing prices Of the day before.
The Liverpool strength was said 10 be
due largely 10 bad reports or the Argen-
tine wheat crop. II was generally expect
ed that the government cTop report would
exercise a very depressing effect on values.
II showed that the crop sown last fall Is
not only per cent greater than that
harvested this year, bit the conditions are
nearly perfect, and Indicate q yield fully
100 D0a 600 bushels greater than gathered
this year, providing always that neither
condition nor acreage suf1vrs any impair
nsent But the trade took the view that
consid ering ali that the plant Will have 10
encounter before next harvest. eight
rnontbs hence. present conditions ala no.
offer a very safe basis for future action
New York gave the best kind OF con-
nrmst!on TO the improved tone 81 tha for
eign markets by reporting liberal de-
mana from correspondents OF English
houses AGAINST cable acceptances OF their
previous afternoons offers. The foreign
news was the principal but not the only
reason for the advance which took place
after tia opening, and which was most
~ maintained 20 The end.
Mort hyreStern adyices were 20 the effect
that receipts there will be much smaller
after Monday Receipts at Minneapo
and Duluth today were sS7 cars. compar-
Ell with Ss a year go, -. ana chicago re-
ports OF wheat and -four from Atlantic
seaports amounted 10 the equivalent OF
Me eiosing public cables were rather
dfsapDolatfng fnssmuch IS although
/ lvcrpeI quoted futures advanced. spot
California was IL lower and No. Norm
Continental markets we're generally
Corr was depressingiy duh. although
firm. The hTrnne%s was Principally due 10
tire advance In wheat
oats. there was no such interest manifest
ed as Yesterday ard before
Provisions took the opposite course
20 thar OF the day before. and we're dull
and weak today
Closing Quotations.
whsst-Decernber. SIC: January Fssc
Corn-DseeH nber. @Ae; January. lG
Gass-pecernser. i-rse; January. iss.
p8rk-pecern her. saSo, January. ys-l4
fard-Deoemher. ss-eo, January. s3s2lta
piaz-recemhsr. .ss1a: January. SS
Eve-1ae
Barley-s1gs5a
Flax--sc.
T4mothy-S@ 81
Live Stock.
C~5ra mon so fairly Eood steers sola a.
g. ta3A large numbers s-0lnE below s..
a-f .-.aA 70 choice lots brouEnt 81 e "
a. yrhtia choice TO prime cattle sold al
A. sa.7E Prime calves sold a. g4S e
T4nx~~Szles ranged at S. s0@ss. 80 for
s-rvfTEsr 10 prime. with trading largely
a. sS saszs IS for bath hogs and piEs-
-T,A.rs Vas fairly active demand for
shseo a. sgfS2 8 FAR tnferfer sneee 81 So
: for common 70 mss'as5a tSl91a = fer
! =, prime tsseks YsaFilng= -oid A. & sos
4 81 ana larlps were active a. 81 Sos =
Western sh@~a sold ~ s. a@1.tA.
Recelpts-CsStge s,ssS. nogS &l.ooe. ssesp