The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-14
Chicago General Market.


Chicago, Aug. 13.-For a brief period
subsequent to the opening of the wheat
market this morning the feeling was
comparatively steady, not to say firm,
and less disposition to sell was pres
ent. But after the expiration OF the
first hadf hour liquidation of Sepeem-
Der became the feature of the trade.
The selling was widespread and
vague apprehension prevented the de-
velopment of demand sufficient to check
the downward tendency. The fear of
liberal deliveries of September con-
tracts was again expected and timid
holders became anxious to dispose of
their property. Relative to the ques-
ton OF these deliveries a prominent
trader said: There is about $4,000, 600
bushels of contract grade wheat in
regular houses in Chicago, but over
half of it is in houses made regular
in July and the receipts being dated
previous to that time are not regular
for delivery now and will probably
not be changed to an important ex-
tent for September contracts This
phase of the situation dawned ON the
effecting a more confident tone. Liver
pool cables We're easy. Receipts at
Chicago were 1S5 cars and the north
west had 292. Local inspections from
some were 2553,S73 bushels. Export
olearances amounted to 372 SAT bushels.
The Cincinnati Price Current reported
crop conditions for the past week we'll
maintained. The recovery to prices
We're complete before the conclusion of
the session. Closing cables were gen.
orally higher. Septembr what opened
at 54s4, sold between 5S34 and 552s,
closing at 5514@553s, 34@7s higher than
yesterday Estimated receipts for to-
morrow, 1876 cars.
Corn-The Cincinnati Price Currents
summary ON corn reported some appre-
hension regarding the crop in Kan
sas. Probably portion of the opening
firmness of the market for this grain
might be ascribed to that but evident
ly the initial strength of wheat was
the more important influence With
weakness in wheat later corn included
to moderate offerings and so declined.
Receipts were SOS cars, AZ less than
estimated. Withdrawals from store was
light AT $4,000 bushels. Seaboard clear
ances amounted to 941, SIS bushels.
Liverpool cables were quiet. With the
recovery in wheat subsequently corn
also rallied but not in full. September
corn opened at 1915, declined to 221s,
closing at 22B, Is under yesterday
Estimated receipts for tomorrow $50
cars.
Oats-The oats market displayed
more firmness than either of its import
ant neghbors. This was credited to
the influence of the Cincinnati Price
;al,
is even more unfavorably reported than
previously" Prices eventually exhib-
lied weakness in sympathy with the
other grains, but did not break as
radically as those of wheat and corn.
Receipts were 30S cars and pa, AS BUSH
els were taken from store. A firmer
tone was noted towards the close. Sep
TENDER closed H higher than yesterday.
Estimated receipts for tomorrow 325
cars.
Flax was easy. New Southwestern
sold at 69@69A; closing at GO; old
northwestern sold and closed at 691s:
September, 69@s91a; December, 721ls@73;
receipts, 102 cars.
Provisions-The rally of wheat at
the opening of that market acted as a
stimulant to values in produce, not
withdrawing a weak hog market. With
the alienation in grain later, the sus-
tanning force was Withdrawn and the
strength disappeared. Toward the close
a recovery occurred. the rally in wheat
influencing it. September pork closed
171kc higher; September lard and ribs
each ~ higher. Closing prices:
Wheat-August. 54ss; September. ssh
@553s; December, 5S% Q5S7s.
Corn-August, 22ss; September, 227s I;
May, 81.
oats-september, 155s@15M; May. 10.
rk-Septsnber, 645; January,
1924.
Lard-september, 6274s; january,