The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-09-16
WHEAT WAS 4 PUZZLE.
Although Liverpool Declined There
Was q Chicago Advance.
At THE CLOSE IT HAD REACTED
hear Raids Sent Corn Down-Oats
ana Provisions Closed at Tn
changed Prices.

Chicago September t5.--wheat acted
for long time today as II the BUN clique
had lost Its grip on the market Enor-
nous scaboard engagements came TO the
rescue. however. and after selling 15sc be-
low yesterdays price December rallied
and closed where It left of the day be-
fore. Sharp bear ratiing In corn resulted
In tNStc decline In thai market. Oats
closcf unchanged and provisions uncnang-
ed for laru and ribs and ioc lower for
pork.
Wheat was puzzle at the opening. 1t
was difficult to account for the 4c adj
vance with which the market started, the
iAyeruool market. which usually iflfiu-
ences the opening tone here, showing an
openlng decline OF i4US.d. ;It was cialsned
In dispatch from Minneapolis that the
threshing returns N the Dakotas and Mn
ntsVtl Indicated CROP for the three
States OF not to exceed l25GJp,0O0 bushels
but there was not much confidence here
N such low estimate. Paris was re-
porte 1Olpib confines higher at the OPEN
ing. ana the advance here was ascribed
By some people to that,
December. which closed yesterday at
si,5uHef startcd today at 9iss99i3s and In
two minutes more Ii was down to 93A
There vas no statistical reason for tn,.
decline. 1t was apparently due to lack of
support Ssarce!y any demand appearing
nnui sa had been touched. a recovery
Two hours the bearlshnss5 that succeeded
the momentary opening bulge became
more rTonouItced, the price suffering ac-
corllngly Tho market broaaencd as the
prizes sank with sucl evidence before them
mat the bun clique had lest dts grip and
shorl sellers became more courageous and
pressed their advantage.
Chicago received ~ carloads of wheat
OF which ~ were Contract The quantity
Inspected out of store was 81. $50 bushels
MINNEAPOLIS and Duluth received 5sS cars.
e2 co ,e with gS2 the corresponding day
OF the year before. Antwerp showed n
wenkness. with n decline of 37la confines.
equal 30 &c per bushel, and Liverpool
closed AT a net decline for the day of I'D
spot
A,odt noon the market grew strong
The recovery was due TO the enormous
amount of waiting orders for wheat for
export that We're uncovered by the early
decline. New York varied In the reports
OF th' actual quantity sold for export all
the wa, from 10 to 40 boatloads. The
close WIS fl m at 9iiaM9its.
Corn lost all the buliishness 1t displayed
Yesterday and ruled lower all day. Vari-
Gus ihtuences comb ned 10 cause the
weakness. The breok III wheat had some
erect. KAN was reported in soene por-
hops OF mo corit belt ana cooler weather
was PROM .sed. Cablee were 9salIsd lower
Receipts $50 cars. December started 1sl6
&c lower at 3lkM32. 1t sold gradually
down under vigorous bear trading to 3lss,
when the revival In wheat set in and De-
cember corn recovered to 3lAl3l1, where
II closed
oats were dun and without special Incl
dent. A the opening the market was
weak with corn. 1t rallied later on the eX
cc'ienl shipping demand and closed firm
Receir.S 296 cars. December ranged from
sisn2lfi 10 2O's, closing unchanged at 2lIh
Provisions agatn suffered from the vel
low fever news. Prices ruled lower all
itrounc For most of the session, with Il
good dea or stop loss selling on the
break there was hood covering and n ren
erai recovery ensuod. Nevertheless the
market was weak at the close. December
pork ,osed loc lower at Sl5, December
inrd unchanged at 400 and December ribs
unchanged at i.SO
Fstl1aleu receipts tn.orrow--,Wheat 800
cars, corn 800 cars. oats SOJ cars hogs 90
600 hca