Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1896-11-28
THE MARKETS BY TELEGRAPH

London, Nov. %.-The Mark Lane Express
today, commenting on the wheat outlook save
I'VE expect that the decrease OF the French
wheat acreage in 1897 owing to the lateness OF
the seeding season, will be much larger than
any increase in this country. The sowing Of
Azima wheat in Russia is now admitted to be
smaller than usual. The rise in prices has
stimulated the Russian markets. and the limo
OF spring ghirka soWirgs is likely to offset the
Azima deficiency. Australia is importing Cali.
fornia wheat and has no surplus available for
shipments to Europe"
Commenting upon the past weeks movement
the Mark Lane Express remarks
The farmers are spelling the market by
oVer-supply. We suggest that a central cham
Der organize a society of wheat growers, pledg-
ed to sell only in such quantities as the situa-
ton demands
Continuing, the Mark Lane Express says:
THE advance of Is. Sd. in the price OF wheat
in Paris since the end of October is mat
er Of some Importance, as France has hither-
to been boastng that she has wel-supplied
market. II the purchase of foreign wheat by
France increases, the situation will become
much stronger. The wheat passage to the
United Kingdom on Saturday totalled up O.,
10000 quarters, whereof Russian wheat was
$50 600, North American 10000, South American
100000 California 1,29OOO0 Indian and Aus.
tralian nil"
At Chicago.
Chicago, Nov. 23.-There was a decided
weakness around the opening OF the wheat mar
ket today, although 1t did not last long. The
weakness was attributable to several causes,
the most influential one being perhaps the last
Black sea shipments. They amounted to g.
1856 900 bushels last week. The opening cables
also were disappointing and further rains were
reported in drouth-stricken india Some Of the
early sellers got frightened and covered, and
those who had lquidated their long lines were
disposed to get them bac1.
Close: May wheat, soc; corn 27Ac; oats, zzci
pork %95; lard, $3.50. ribs, A05. Receipts
Wheat 10000, corn 25S, 00O oats $4,000
Portland Wheat.
Portland Nov. 22.--Wheat-Walla Walla 10
077c; Valley, 79dS0c.
san Francisco Grain.
San Francisco. Nov. MISUNDERSTANDING
I.454146I per Genital for No. 1, and SL41Rg
14S% for choice; milling, $1.52I401571a
Barley-Feed, fair to good. S0qS21sc CHOICE
soc; brewing, 90992Rc. -.a
Oats--White $l1o1ll30; black, for feed, S0cg
sos; black, for seed, $1.200135; red FOR seeu'
$10110.
Wheat Market Is Strong.
There We're no new developments in the
wheat market yesterday except that the mar
ket was stronger than on Saturday. The prices
We're not advanced.
Chicago closed on Saturday at 1890 for D "s
cember and 75Bc for May. Opening yestera oaS
at 79lsc for December, closing at oo7sc aas
May 75&c. The highest point reached was
S02Ic, the lowest 7S7sc for December
Metal Quotations.
New York, Nov. 23.-Bar silver o5@c'
Zig 1rOn-Steady.
Copper-Quiet; brokers' price. $l'zo' 60
change price, $11. 30Q11.50. .rA
Lead-Firm; brokers' price, SEQ; eXcha4ie'
price, $3Q35O
Chicago Live stock.
Chicago, Nov. 23.-Cattle-The sales "ele -.
basis of 1904 for common 70 fair graues ~
native beef steers, up to $685. for priIie ~
extra lots, with the bulk Of the trao dnss on
$42004.90; stockers and feeders $%S S'gS OK
cows s203 heifers, $3.25@375; calves $4e'''''
western range steers same as last WeeA'.uo,,e
Hogs-The sales today were at an eAe. o,ne
range of So. 05@3.55 heavy packing lots sUno
at $3.15Q335, and prime light ana n net ot
weights selling at the top prices me ,I Du' pigs
the hogs crossed the scales at $3zoQo'O0'
sold at SO. 1003.40, in most cases oyad
Sheep sold at $175@3.50, and lambs Fancy foncy
off actively at $S25@5.1O for poor u
focks. ~ am sbeep
H. 600.
miscellaneous.
New York, Nov 23.-Coffee-Closed s.ed bio
December, $9.2O@9.25; March, $9SO; BY"
dull; No. T. jobbing, $1,000; invoice siU, oen,ne.
Sugar-Raw, quiet but steady; falT oniat
2Bc; centrifugal, 96 test SAc; reiineu' eu
Hops-Firm.
Wool-Quiet. ., 49,
Petroleum-Dull United closed al 'i