The herald., 1896-01-18
CHICAGO MARKET
The Days Transactions on the Board OF
Trade


CHICAGO, Jan. 17.-Wheat, partly due to
the strong start in provisions and in part
for reasons peculiar to its own surround.
ings, the wheat market commenced today
with little improvement. Wheat closed
on the day before at 59% for May, and
very few sellers at that this morning and
and plenty who bid 59A. The early Liver
pool cable quoted some advance there and
this with the moderate receipts in the
northwest amounted to only 273 cars,
helped the market to advance d early.
But the extreme dullness in trade and the
report of more gold shipments were weak.
ening factors, under which there was a
gradual decline to 59K. with every ap-
pearance of going still lower, but the fresh
bullishness of the provision pit started it
up. again, and it was once more before 12
o'clock wanted at 59T. But the non
appearance of the cold wave here and the
heavy storm out on the Pacific coast sapped
supports which had previously been an
unobtrusive reliance of the bulls. The
clearances of wheat and -four from the
Atlantic seaboard we're only moderate and
later Liverpool advices quoted the early
gain all lost. Berlin was reported as open
ing from q to II marks lower. Prob
able decrease of only 100000 bushels
in the visible supply was another
point IN favor OF the bears. A second ad-
vance of 595s cents had for the case, be-
sides the revival of bulls speculation in
provisions, reported sale of 100000
bushels of wheat at Duluth 10 go all rail to
New York. In addition to this were re-
ported l.250,000 bushels engaged there
for May-June shipments by the lakes The
market in the last ten minutes of the ses-
sion become quite strong. the price of May
getting bulge to COZ, finally closing at
that figure. Corn was quiet and sold off
at one time, influenced by the weakness in
wheat and the expectation of more liberal
country deliveries. But la'er wheat re-
covered, and as provisions had good
bulge, corn followed and sold up u. Oats
were quiet and featureless. Prices were
confined to narrow range, and at the
close showed a slight advance. Disap-
pointment in the number of hogs received
a, the stock yards once more started the
provision men on hunt for pork, lard and
ribs, for which they offered much higher
figures than were current as the session
was closing yesterday.
The leading futures closed as follows:
Mheat-No 2 January, 5715c; February,
oTs4c; May.6ohc; july GO"c. Corn-January.
2d2sc May, 2S3sc; July. 1934c. Oats January,
l73sc; February, isc; May i97sc; July, 2OlZc.
Cash quotations were as follows: Flour
Steady.
Wheat-No; . spring 57@5s9fc; No 8 spring.
ofN%e:aa No g. 4Ssc 49, Ioa oats o2 10 gc33' f2FH isc
No 2 white, 31D2O4c: No. s. while. 1870
1890. Rye-No. ., 37c. Barley - No. 2,
nominal No =, f. o. b., zoe TO 29i9c; No. 4,
f. 0. b.. 2i TO 30c No. 1 flaxsee6, 92c,
Prime timothy seed $3.50. Mess pork-Per
barrel. $l0.l5 Lard Per 100 pounds
S5.6il5 to 1915. Short rib sdes-Loose,$i.7 10 .
5000 Dry salted shoulders Boxed, 49s 70 4s24c.
Short clear sides Boxed. 51sc TO 5s4c- Whisky
-Distillers' iini he'd goods, per gallon, SIG
Flour -Barrels, receipts, 5000; shipments
shipments, 7l,00O. Corn-Bushes, receipts,
SO 600; shipments $4,000. Osts-Bushels,
rece ipts, 3O2, ,O0u shipments, 16l 900. Rye.
-hushels, receipts, 5000; shipments, 1000.
Barley Bushels, receipts, $4,000; shipments,
$4,000.
On the produce exchange today the butter
market was steady; creamery, lT922c;
dairy, 1!@l5c. Eggs were dull; fresh, 169
l7c.