The herald., 1896-01-17
CHICAGO MARKET
The Days Transactions on the Bo1ri OF
Trade

Inc Days Transactions on the bo1r1 OF
Trade
CHICAGO, Jan. 16.-Wheat opened active.
A rise of u to I'd at Liverpool at the OPEN
ing was reported, bringing it from 54d to
Id, the gain being due to improved de-
mand and light offerings, it was said. The
European political outlook, if judged from
the value of English consols, was eminent
ly peaceful. those securities being up to
1917, the highest price they were ever
quoted at. The Cincinnati Price Current
said that the weather of the past week had
been rather trying on the wheat plant.
Export clearances from the Atlantic sea-
board were equal in wheat and flour to
1000 bushels, but there seemed to be
good deal of apprehension in regard to the
business and financial outlook, and oper-
ators were complaining of the difficulty. in
making loans at the banks, which tended
to check the speculative impulse. Mime.
apolis reported that the stocks OF
wheat there had increased 100000
probably show an increase of 100000
bushels for the week, and this helped the
bearish feeling which began to develop.
The closing cables showed only I'd gain.
but prices were quoted firm at shade
higher for flour and wheat as before. Ber-
lin came / L marks higher for near months
New York messages said that bad reports
were being received there of the crop pros
poets in South Russia, and the bulls here
had that added to their previous knowledge
of partially ruined crops in Australia and
India and poor crop in Argentina. while
home prospects are by no means encourage
ing. After opening at 6ONc for May and
advancing to 6O4c. the price worked back
in the course of an hour and a half to 59T
and 60c, and from about L o'clock to
within forty-tive minutes of the close the
trading was done for the most part at one
or the other of these prices and at the split
between. Corn opened strong and trading
was brisk for an hour, but, following the
other markets, it became dull and an easier
feeling was the predominating feature DUR
ing the session. In oats fair general
business was doing. The market was
higher in sympathy with corn and wheat,
but declined later for the same reason.
Provisions opened with boom which
reached it's loudest reverberation about
thirty minutes from the opening. The hog
receipts continue small and prices huc-
tuated rather wildly, while the early adj
vance was not all maintained to the end.
The leading futures closed as follows:
571sc; May, eoc;; Jaiy, 6Ssc. OCeG Geern-January.
263Sc; May, 1890; July, 295sc Oats-January,
1895; February, 1Sc; May, 1890 July. 2OHc.
Cash quotations were as follows: Flour
Wheat-No. spring, 56@575sc; No3 spring.
ne. 2, &sssc oats No !, 1sc;
No. white, I9A@2o5kc; No: 8. whiie 1s@
zoe. Rye-No. 2, 361ac Barley = No. 2.
nominal; No. 8, +. o. b., 23c to 3ec; No. a,
+. o. b.. &C; No. 1 taxseed. 92lac.
Prime timothy seed. 8. Mess pork-Per
barrel, SO. So to $995. Lard-Per 100 lbs,
S565. Short rib sides . Loose. sa.s5o
$4. 80. Dry salted dshoulders-Boxed, az to 434c.
Short clear sides-Boxed. Sc to 5Ac; Whisky
-Distillers' fini he'd goods, per gallon, $l.22.
5000. Wheat : Bushels, receipts, $1,000;
shipments, $4,000. Corn-Bushels receipts,
$4,000; shipments. $4,000. oatssaoBushes,
receipts, $780, shipments, 14SO0 Rye.
Bushels. receipts, 5000; shipments, 1000.
Barey-Bushels, receipts, $4,000; shipments.
$4,000.
on the produce exchange today the butter
market was steady; creamery, lo023c;
dairy, 10000. Eggs were dull; fresh, 169
l7C.