The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-02-17

The Board Of Trade


Chicago. Feb ik--Tnere was a fair srec--
nAtsye trade in wheat for short sxxaons
the market having zsslc range This feel
ing developed was a little unsettled. and
prices rather nervous. The start waa
weak. There were n good many sailing
orders On the market. and some OF the
early sales were as low as tSSsc. or at la
deeline frem the close las, night. But tia
decline started Scme good buying. the
strength being Increased by = rsIEnor thar =
cold wave would invade tina winter wheaa
region tonight. and possible damage to tho
growing crop was feared. AS the strength
developed TIA shorts began TO cover. ard
II did rot take long to advance the prizes
to esaspssAzc split. Among other roafsno
news which helped strengthen tho snagkeD
Was the moderate Northwestern movement
and reports that the bulk OF the same Mas
coming from the elevators. but the bulk of
the buying sahs.aed. and when the longs
attempted 10 realize they found that ths
demand was sxce-asnEIy tame. and. Ia
the effort TO get rsa or their holdings thu
price was lowered nsarsy IL. and there WAS
not much recovery. The Argentine ship
ments we're quite factor in producing tho
weakness The trade rad heard SO much
OF shrtnkage in the crop and the bad ausl.
ity OF the wheat that the So. Geo hashes ships
ment was a surprise. Yet the total ship
ments for the nrst twD weeks Of E'eeraaEy
this year have been only t.sos,ooo huxheiss
agairs; 1.sGa.00o bushels in the same ttnis
last year and 2.eoQ.eso "a the same time twos
years s.o.
Corn was fairly active. and sold up.
sharply early. bur finally lost all the adj
vance. II WAS Influenced some by wheat.
and also by the impression that the pros
pectige change 81 The weather might sQs
of receipts. Ii followed wheat on the lass
break.
Trading in oats was exceedingly quiet
IA
try dealers The market was Influences
almost entirely BY the action OF wheat.
Provisions we're heavy. said To be because
Of the selling cut or long stun by stock
yards firms. In Anticipation OF a heavy run
OF hogs next week.
closing Quotations
wheat-Fehruary. $50. May. ssssa
Corn-Fssra&ry, ENC: May. s0sc.
Oats-Febraary. 1896. May, uscs
Pork-Fesruzry. $50. May. slo.ie.
Lard-February, s.. Ca. May. s5.sa
Rihs-Fesruary. S.os. May. S.1.is-
Rye-&Sac.
Rariey-.s9ssc-
F1axseea-slss sssos
Timothy-S.B.
Live stock.
Caftle-The week closed with heavy
beeves selling lealsc lower than last sat-
urs!ay. others ruling about the saIue as .
week age. Medium weights ere selling tina
best. Fancy beeyes. A.f4la.6S.. common TO
prime steers. g. Ssfs 20. stocAers and fred-
ers S. a.. bulls. cows and hefasTs.
81. T4as Is: veal calves. s5.Na1s.69.
Hogs-There Was decline today OF So.
buyers holding back fer concessions. ana
the supply was disposed Of at the reduced
prices. Common 10 prime heavy and me-
dunn weights sold al - seas.@, shipping
ana lights sold as high as E-M.
Sheep-The few on hand to-day were SOLD
early az firm prices. ard quotations vera
about the same as week ago fer geea
sheep. but somewhat lower Ter lambs
Common to choice native sheep ara now
salable at s.. T5eg2 ~. Westerns st s5.5e0
sss for good TO choice. and fair TO prime
lambs az s.. SOL -.