The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-29
Chicago General Markets.

Spefer-Qulet, easy; domestic, o.o0Q
3.75.
Chicago General Markets.
Chicago, Aug. 2S.-A cable from Buda
Pest giving the Austro- Hungarian ag-
ricultural minister's estimate of the
worlds crop of wneaE and rye led in
interest and Importance in the wheat
market this morning. The estimates
made the crop of wheat approximately
140, 000, 900 bushels less than in 1895 and
of rye 100. 900 bushels less. Before
the market opened prices were already
UP almost a cent from yesterdays clos
ing, but that premium was apparently
thought to be sufficient acknowledge
ment of the figures mentioned for only
insignificant advances succeeded the
opening and before the morning hours
had expired the tone wavered and
prices gradually dropped lower. Re
ceipts at Chicago were 40 cars and
279, 1857 bushels were withdrawn from
store. The northwest receipts were
634 cars against ASS last Friday and
71S a year ago. Liverpool cables were
I'd. higher. The strength revived on
a published statement by the Liverpool
Corn Trade News that Europe will re-
quire from America 100000 bushels of
wheat weekly from now until the end
of December. Following this sales Of
800, coo bushels in this market for direct
export aQd seaboard clearanceS of
513, 500 bushels further stimulated buy
ing and material advances resulted.
Paris cables were 10 centlnles lower to
So higher for flour and 20 centimes'
higher to 10 confines lower for wheat.
Antwerp cables were unchanged and
Berlin 1aQ112 marks lower. December
wheat opened from $685. Q60ss, sold be-
tween 595s and Co.'s, closing at 60A q
607s-11a@15sc. higher.
Corn-The low price of corn, with
out reference to the conditions caus-
ing it seems TO be the nlain bull
argument in this market. Many intiu-
entdal traders buy on the theory that
they certainly cannot lose much while
they stand to win something. The
strength of wheat helped prices of corn
this morning but the subsequent cool
ing of the bull enthusiasm permitted
them to sag. Receipts We're 52S cars,
III less than estimated, and 525, 322
bushels We're Withdrawn from stock.
Liverpool cables were quiet and steady.
Ultimately corn became firmer with
wheat. Export clearances were 227, 875
bushels. May corn opened at 25ss, ad-
vanced to 25s4, where it closed, &c.
higher than yesterday. Estimated re-
ceiptS for tomorrow 600 cars.
Oats-Firmness, Improvement in the
tone of wheat and corn was still the
notable characteristic of oats. Of course
there was a certain amount of spec
ulative sympathy which checked the
advancing tendency early, but never
theless the undertone of strength was
distinct and we'll defined. Receipts
We're 1863 cars, and 10S,709 bushels were
taken from store Prices rallied With
those Of wheat later in the session.
Export clearanceS aggregated 167,575
bushels May oats closed q higher
than yesterday. Estimated receipts for
tomorrow $50 cars.
Flax was weaker. Cash 66@651s; Sep
TENDER, 66@651a; December, 20. Re
ceipts were 81 cars.
Professionally irregular hog market,
with some grades steady and others
weak, was reported at the yards this
morning. The latter feeling carried
the most weight at the opening of the
provision market, but the demand for
product became better as the session
progressed and a steadier tone devel-
oped. The early strength of wheat was
a benefit as an influence. January
pork closed 1211a higher january lard &c
higher and January ribs 715c higher.
Closing prices:
Wheat-August, 81; September, 57N
December, 60$4 @60B.
Corn-August, 81; September, 81; May,
1854.
6ats-september, 1915; May, 1880
1917.
Pork-september, 5621z; January,
$50.
September, S35; January, s75
Ribs-September, S.25; January. $50.
Chicago Live Stock.
Union Stock Yards, Aug. 2S.-The
demand for cattle today was good,
and the supply moderate; prices were
firm. Hogs were IN large supply, the
market opening steady, but afterwards
Weakened heavy kinds declined &c.
Trade in sheep was slow and prices
were easy; decline of 10c was noted.
Cattle-Receipts, 5000; choice to
prime, 1900 TO l,IO0-pound steers, 400
4.S5; good to choice steers, 1900 to 1000
pounds, 4.30@4.65; medium steers, 1000
to 1900 pounds, 4000425; common to
fair steers, $50 to 1900 pounds, $500
3.95; fed western steers, 30O@340; feed
ers, 900 to 1850 pounds, 2.90@S.65; calves,
good to choice, 5.75@6.10; calves, com
mon to good, 3.35@5.50; other prices
unchanged.
Hogs-Receipts, q, 900; heavy pack
ing and shipping lots, 2.S0@3.25; COM
mon to choice mixed, 3.0003.40; choice
assorted, 3.4O@3.5O; light, 3.2O@3.5O;
pigs, 2.50@3,40.
Sheep Receipts, 1000; inferior to
choice, 200@9.50; lambs, S.O0Q5,50