The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-12-08
SENSATIONAL WHEATSPURT
Attempt to Buy Caused Rise of
More Than Two Cents.
OTHERWISE MARKETS WERE DULL.
Corn and Oats Were Fairly steady
with Provisions somewhat Lower.
Enormous wheat Cicnrances.

Chicago, December 7-Outsidc OF a SELL
sational squirt IN December wheat. which
took place shortly after the opening, the
grain and provision markets were dull
and embarrassing today. A jump o, q
points IN December on tn attempt to buy
about 1900 bushels strengthened Tire be-
lief that the option is very seYercly "cor-
nercd." 1t closed "a high y. May was
| firm all day and closed sqA. higher. Corn
and oats closed fairly steady. at substan-
tally yesterdays prices, and provisions
closed shade lower all around.
Wheat started of in wlirl % excite
ment. Opening sales OF both December
and Nav were at practically las. nights
closing fgures--96 for tine one. 70 for The
other. II soon developed that there vas
some December wanted, undoub.eiy to III.
shorts, with none offering. on this ac-
count the price advanced al once Darem-
Der getting to 70 and May to 90i. In the
first fifteen minutes Of the sessijl. IKE
alleged hun clique stopped the advance
by selling only a small lot. ess than 1880
bushels, The dig prem um over May, about
&c per bushel beng against ITS pcht!, be-
cauEe II allowed to stand 1t WoiI.I turn
wheat markctings an this way. SO The
price fell back to Gis for tie one ard
SJA, tor the other Before he regular ses-
son commenced The fec,bilg was rOn:inllly
weak, because of dccline OF Ag At Llv-
erpool and hn$i at PARIS. Northwestern
receipts were all considerably larger than
last year hut nearly 800 ears less tnan
Vast week December had 4. miui two
ai.rrng facts, however, one that the al
.eged bun clique had been d Oia bpVe. of
calls Monday Afternoon o. the morning
ne" spdper TAX OF a 'c!ght cHsager1ent
at Boston for /, 5000 bushes Of Hlteal ior
al HHnTuIF. I.AlI o.
construed to mean that whrn The ilu" OF
DHsl iuber wheat was ds.iiVe@cd - the bun
Clique here It would sh.o t. abroJ ! ~
all rail to the seah Jlri III lie water route
was closed 1t was semi-ofliel4liy g.vel
out thai the short line TO- December IN
the market was over ll.pDp0J bushels
with less than 30Ol,JJp oHshc.s o. contract
~ store here May was wen supported at
N1t the enormous clcaranCos-19S Ut lot sh.
els Of wheat, g,,32o barrels o.: flour .pug-
alont 10 l.230,0JD Misunderstanding 10 c'cato
nervousness on the part OF tns shorts ami
report that France would vet require
P,uO'CO bushels o: outside whtd. was not
calculated 10 allIy tails aeeiip;r. I'rlnpIy
receipts at Western points ""n' S1H GjD
bushels, but the shipments Wece also large
--Sil on bushels, 'D0 30 81 e from Duluth
an AZ the latter point having hcen sd
to ohicdso elevator men. t.1gtern shippers
ami exporters. At y o',luck Nav wa 10
December ssls Up 10 within fifteen nm
uleS 81 the c,ose the market hcid very
firm. with narrow .rhdinR. Efforts ,,crc
then mode 10 break the price hollow CABS
and May was sent dcUl o. ,qss. closing
al &9su s93i bid. l. 3Ccnhe- closed at 9S'G
The corn market WAS dull but ilim all
DAY mainly in sympathy VITA wheat. Re-
c"pts. 90 cars Ni@ble supply hgurs
Were corrected 10 read 100 oGp tushc.a ,.c
crease, instead nf 2,lu3,UO0 bushels Ike
clnse was casieT. following the little break
an wheat near the erd.
oats We're urm aud higher TIE mar
ket. however. WAS extremely iun and
without intcrr9 ~ features. Receltts Lg7