The herald., 1896-12-16
CHICAGO MARKET
The Days Transactions on the Board OF
Trade.


CHICAGO, Dec. 15.-The opening of the
wheat market today was very satisfactory
to traders who had held wheat over and
were anxious to dispose of it. Both of the
sources of news which most influenced the
market-Liverpool cables and northwest
TeacelptsIWere favorable to higher prices.
Liverpool showed an opening advance of I'D
per Genital. which was a very generous
response to the advance here yesterday
SO. Minneapolis and Duluth reported 4lo
cars and Chicago II cars a total of 511
cars. as compared with $50 last week and
lo5 year ago. Influenced by this news,
May wheat, which closed yesterday at S21a.
found plenty of buyers at the start at from
S2ss to S2as cents and for about fifteen min
utes there We're frequent opportunities to
dispose of long. wheat at S2is. In addition
to the Liverpool news the press cablegrams
IN the evening and morning papers con-
fected by the drouth. helped to encourage
buying. The opening prices. however,
were the highest of the day. Scalpers who
started TO- sell out their lines were spurred
In their efforts by reports that Bradstreet's
worlds visible statement was likely to
show an increase for the week of 5000 oO0
very poor foreign demand and that Rus
sian wheat was being offered at Liverpool
cheaper than American; The Bradstreet's
stocks of the world to have increased only
2O,eoo bushels. Meantime, however, May
!. had de- declined to ST. After protracted
4 u
continued unfavorable weather in Argen-
tina. The closing cables. however, show
ed most of the Liverpool advance lost;
Paris q shade lower for wheat, although a
trif1e higher for flour: Berlin one mark
lower and Antwerp unchanged. The de-
mand IN the cash market was slack and
only 1900 bushels of spring were reported
sold for rail shipment to country millers.
The market once more became exceedingly
weak near the close, and got down once
Sl@SlA: Corn was dull and featureless. Its
general tendency was sluggishly down.
ward. oats We're very weak for the great
today-664 cars-caused free selling and
limited demand augmented the weak
ness. Trading in provisions was very dull
over from January to May.
The leading futures closed as follows:
Wheat. No. q December.
Corn, No. 2, ember..............225s
January January ............................
May ........................... .21a4
Oats, No. ., December
May 2U14 I203
Cash quotations were as follows:
Flour was steady; No. spring wheat.
T7A No. spring wheat, 1914; No. red,
s01s; No. corn 227s; No. oats, 17A No 9
white, 1922 fob. No. 8 white, 1874 %d1s;
No: rye, Ssh: No. barley, nominal; No
3, 2SqS5 OBJ; No A, 20q26. fob: No. flax
seed, 75@77; prime timothy seed. 2.6o mess
pork, per bbl., 6.S0a6.s5; lard per- 20 lbs
| 3.711lsQ3.S0; short ribes sides tloose), $50
@4.O5; dry salted shoulders. (boxed), 4hm
| AZ; short, clear sides, (boxed) 4m4ls
| whisky, distillers' finished goods, per gall,
| 1.1S.
Receipts Shipments.
Flour barrels. ............. 10000 5000
Wheat. bushels........... 2S,000 27,0O0
Corn, bushels. 1856, ,0C) SO GlN
Oats, bushels. 900 III, 900
Rye, bushels. s.............. 1907 1,G00
Barley. bushels. .1O5,0 900 1900
On the produce exchange today the but
ter market was weak. creamery 1sL019.