The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-25
CHICAGO MARKETS.
The Board of Trade.

Chicago, Jan. 2i.-Wheat during the
morning was quite nervous, though the
fluctuations UP to noon had been only about
12c. There were a good many disquieting
rumors afioat concerning the gravity OF
political complications growing out OF the
reported treaty between Russia and Tur-
key. and an effort was made 10 create
something OF "A war scare. but the fact
that consols were higher than yesterday
and that Liverpool showed but little adj
vance made these rumors fall dat. Then a
cold wave was said TO be working its Wy
M, nj. ..zS;;.s:ss;s. Al sse S$s gzsss's
was started that foreigners were heavy
buyers at the seab0ard. and that ParVi-
ridge was taking the long side OF the mar
ket. having fully covered his short line.
But the undercurrent vas so weak that
all this did not prevent a gradual weaken
ing. There was little disposition to take
the long side, and the buying seemed large
~ from shorts 10 secure profits. The mod
crate business up TO about 1870 o'clock was
followed by twenty minutes OF consider
able excitement. and a lively advance in
that time OF 1izc. May opened slightly
lower at 62l.l629sc, advanced 10 62s4 GG27sc.
and after that TO $50 o'clock II had many
fluctuations from exc TO e2ac. Then IL
rose rapidly from around s212c 10 e4bsc. No
end OF theories were advanced TO account
have heavy buying orders here, and large
but indefinite number of boat loads were
said to have been taken at the seaboard for
export. The truth seemed to be that some
OF the recent heaviest trading bears had
been buying wheat quietly all forenoon, and
the scalping crowd had gone short. Au-
gust Brosssau, who had stood pat all fore
noon on short line OF over LOCO. 900. put
brokers in the pit 10 buy just as the mar
ket started on it's bulge, and that touched
off the latent bull feeling, which sent the
price up with a whirl TO SAC before the
close. The latest price was e4is8e4l4c. Tho
transactions IN the last twenty minutes OF
the session were simply enormous, and the
average sales 1.0eoo 900 bushels during every
minute OF that time.
Corn was quiet and appeared TO need all
the assistance IL got from wheat.
Oats-There was but little activity and
the market was practically featureiess,
with the range Of prices narrow.
The provision market was strong and
active for a few minutes ct the beginning
OF the session, but hstless and heavy there
after.
closing Quotations.
wheat-January. exc: May. siisc.
Corn-January, 27@.c. May. 2ac.
oats-January. 1sI&c: May. 20ac.
Probationary, $40. 40; May. sl0.s5.
Iard-January, s.. s7Ia May. s5.s2l4l5. %.
Ribs-January, $50; May, so.s-1s99.SS.
Rye-3Sc.
Bariey-26Q CSC.
Flaxseed- ssQsst.c.
Timothy-S3.70 20.
Live stock.
CattIe-Today's receipts, though light,
were amply sufficient for the wants OF the
trade. Common to extra choice lots sold
at g. 20d4. 50; cows and heifers. s2fl4; calves
were fairly active and about &c higher;
stockers and feeders, 81 eo13@
Hogs-Recelpts small Prices were about
e higher than yesterday. common TO fine
selling at 81. 5D6a4 %. largely at 81. i0l4. Is.
Sheep-Receipts were small. but the de-
rpsnd was poor and prices were somewhat
lower; common to choice native sheep
found buyers at s. 50g ) No and yeariihss
hror-br "a 1a<9l Western fed sheep were
rsther numerous and in demand al S.le9
sT5. and common TO choice lambs brought
e. 55I4. eS.