The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-25
Chicago Gene.aI Market

Chicago GenctaI Market.
Chicago, Aug. 24-The bull enthusiasm
In wheat, which became so prominent
on Saturday, was remarkable by its alb
sence from the trade at the opening
this morning. The fact that quite a
! heaVy line Of short property was COW
cred through the medium of calls
eliminated an important strengthening
factor, and buyers were not quite so
| confident Of a further advance. The
visible supply was an object of some at
| tention, but the final result, a decrease
of 6S7, 900 bushels, was not important,
! either from a bullsh or a bearish stand
/ point. Receipts at Chicago were 1877
cars and 4.195 bushels were taken from
4 store. The northwest had 354 cars,
against 30S last Monday, and COS a year
! ago.
/ Liverpool quotations were higher to
correspond with our advance of Sat
urcay. The amount on ocean passage
increased $4,000 bushels
The worlds shipments were estimated
at 5,655,O0 bushels. After opening fair
ly steady, the market gradually eased
off, as it became apparent that informa-
ton was not particularly cheering to
holders.
In the afternoon there was strength
ening of the tone on an advance in
wheat Of from 20 to So cent1mes, and in
I flour of from 80 centimes to ! franc, %
centimes at Paris. Antwerp closed 20
confines higher and Berlin from I'M
changed to Il mark lower. Export
clearanceS amounted to 1924 bushels.
! The English visible supply increased
10000 bushels. A fair business in cash
wheat was reported. Weakness again
assailed prices at the close, and the re-
covery was lost. December wheat OPEN
n 81 u
and 6OSz, closing at 6l1s-1s@K under
Saturday. Estimated receipts for to-
morrow, 275 cars.
Corn-With the exception of a moder-
ately large number of orders at the
opening the corn market settled into the
Gus omary rut and inactivity was the
only noticeable feature of the trade sub
sequently. Receipts were 755 cars and
923, 391 bushels were withdrawn from
store. Liverpool cables were firm and
unchanged What changes in price oc-
Cured reflected the tone and feeling of
wheat. The visible supply increased
$50, 900 bushels, and the amount on ocean
passage 11S0,000 bushels Export clear
ances aggregated 29S,034 bushels. May
corn opened at 26B, declined to $3.50
2634, where it closed-1s under Saturday.
Estimated receipts for tomorrow $50
cars.
Oats developed nothing but dullness,
and for tone the motive was obtained
from wheat. Receipts were 391 cars.
There were no Withdrawals from store.
The visible supply decreased 1000
bushels. Export clearances were prac-
tically nothing. May oats closed s@A
cents lower Estimated receipts for to-
morrow, 450 cars.
Provisions-There was an unusually
heavy influx Of hogs at the yards this
morning, the natural effect of which
was to weaken prices at that place and
from the intimate relationship with con-
ditions there the produce market ruled
lower. January pork closed 56D71A lower,
January lard ~ lower, and January
ribs lower.
Closing prices-Wheat, August, 5715;
September, 5712; December, 611s.
Corn-August, 221z; September, 22a5;
May, 2e5s 026S4.
Oats-September, 1855 @1684; May, 1888
Pork-September, 5.S5; January, SOS.
Lard-September, S.S715; January,
S.771a.
Ribs-september, S.221A; January, s45.