The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-19
CHICAGO MARKETS.


Chicago, Oct. 1.-THE eend-excited state
OF the wheat market as yesterdays ses-
this morning into fairly good specimen
OF general al I'm. That fear was well
grounded, as 1t turned out. There was
not single bushel TO be had for iess than
lsc advance on yesterdays closing price.
ond Very little at under 74e. or lT&c higher
than II closed at yesterday for December
oeiivery. The rea son fo.' such a sudden
and material rise. following the big jump
OF the previous day stuck clear out from
the official bulletin boards. The foreign
markets led in the scramble, just as they
patch from Liverpool quoted an advance
there over night OF 2izd Ter Genital, which
is the equivalent Of Sc per bushel. Private
cahlegrams reported Liverpool and Lon
con wheat markets excited at the advance
already named at the former and at Tad
per quarter at the latter place. New York
wired that foreigners were active buyers
there and claimed that l75 boat loads
eqUal 10 l4oo.Gco busho.s-was taken there.
With that for a starter. the prices bid for
Dteemper at the opening were from iSia
10 T4c. against 12isc at the end OF yeSter-
days session.
The crowd had scarcely got accustomed
TO 74c wheat when further dispatches OF
an exciting character stared them again,
and the price rose TO 74T~c. A San Fran
cisco message said that two more steamer
cargoes OF wheat had been taken for India
and that inquiries were now being made
for sailing vessels to take wheat TO the
same destination The significance of the
~ ieT poliH In the dispatch 1os the In
dlcation II gave OF the long continuance
OF the Indian requirements. On top OF all
that a private cabiegram reported the
Berlin market excited and marks high
err that being equivalent 10 SIC per bushel.
II Is no wonder that spectators scram-
bled for wheat And they did. There
vas simply no Dear news of any kind and
the only chance the anxious shorts bad
was when a Spectator, satisfied with the
prof in sight. put his line on the market.
There was plenty OF this done, but every
stopped advancing until 1850 had been
scored, exactly &c above yesterdays clos
Ing. Here the realizing increased, and
was sufficient to break the price of De-
news received no attention.
AS In wheat. SO IL was In corn. For
eigners bought II in large quantities Sea-
and the demand hero likewise was good.
EoJbirg but the influence of the huge crop
from Argentine ard the Danubian coun-
tries keeps corn from sharing 10 larger
extent in the gre 1T boom in wheat. AS II
was. the price advanced &c.
oats shared in the general strength and
enjoyed q comparatively large trade. clos
ing at about the high point OF the ses-
sion.
Provisions. which on the day before
showed the only resistance in prices fell
In line today. and substa ntiai gains were
made. Packers were good buyers and
epeculators were encouraged by higher
hog prices end the bulge in grain Clos
Ing prices were close to the top.
Closing Quotations.
Wheat-Octobe, use; December, 75s&c.
Corn-October, 25%c; December. 2s'sc.
Oats-October, 1870; December, 1890
Pork.October and December, Sis.
I.ard-October and December. &s2iA
Ribs-October. 1915; December. SS.TA
Rye-29c.
Barley-g7435c.
Flaxseed--7s6I7Sc>
Timothy-s2.55.
Live stock.
Cattie-Sales OF native beef steers were
on a basis OF 81. 256i3 80 per 100 pounds for
very common: s3.7sli4 for medium cattle;
81 2s4l45 80 for good beeves, and $i.I0G55 for
choice. with fancy cattle firm at $40
65e5
Ii ogs-Comn1on to best droves sod AZ
$3G3.59 per 100 pounds. largely at $3.50
3.4e the best heavy, medium and light
weights selling close together. Heavy
packing droves found buyers at $S.lS1
sl74
Sheep-Sheep were saleable at 3i.I5l3. 10
per 100 pounds for Westerns and the gen.
erai runs of native sheep, with prime ma
tive heavy saleable a. So 25T3.50. Lambs
were In demand at s.. 5ofi47o for poor to
prime. Feeding sheep were saleabis at
s.. 50Gf2.s5.
1.lM.