The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1897-03-11
GRAIN AND PROVISIONS.
CHICAGO.

AllSASO.
Chicago, March o.--Wheat. after show
ing weakness all through dragging ses-
sion. became strong hear the end on the
renewal of the war scare and closed at
Use advance. Good cash sales also help
ed to create IA closing tirmness Oats
and provisions pursued Il course similar
to wheat, opening weak and closing firm
at slight advances
May wheat opened weak and lower, the
opening range being from "A 5-Sc down
to "A 3-Sc compared with yesterdays
closing price of 1910 Use. Almost
everything in the way of news conspired
to weaken the markets. From Liverpool
came the lower quotations for wheat, the
board of trades telegram reporting 3-4d
decline and private message Id. Eng
llsh consols were unchanged ut yester-
days advance, and prices indicated con-
fidence in the ultimate peaceful solution
of the Cretan difficulties. Northwestern
receipts were favorably liberal. Chicago
receipts were 81 ears against 9S ears last
year. In addition the weather was mild.
from the opening dispatch reported
| that the English consols declined per
cent from the first quotations, and some
local shorts covered Wheat they had sold
at the opening.
New York wired further that there was
more general inquiry from the United
Kingdom, the other markets of which
were not as weak as Liverpool May
wheat, on the last mentioned dispatches,
became tirmer and advanced to "A 7-Sc.
Then another slow decline ensued. the
price getting down 20 II LIE about noon,
principally from the dullness of trade.
among the scalpers during the forenoon,
and very little Of that Bradstreet's
statement of the visible supply, which
might have created II diversion in favor
of the bulls, was not issued, and the
latter had to depend upon floating rumors
of good inquiry for cash wheat to keep
their courage from deserving them. These
rumors took tangible shape during the
last hour, cash business to the amount
of - 600 bushels being reported. The
strength thus caused was greatly aug
mented by reports Of renewed fighting in
Crete the price of May finally advancing
to % Csc. The closing was at 10 1-4c.
Speculative trading in corn was light
| The market became strong later in the
session, shorts took alarm and the price
took little squirt. Exports, 10000
bushels.
Oats were within u 1-4c range all day
with the market entirely devoid of news
prices being influenced altogether by the
course of wheat.
Provisions closed with May pork ant
ribs . LIE higher; lard unchanged.
Estimated receipts for Wednesday
Wheat, IS cars; corn, 1T5 cars; oats, 22(
cars; hogs, $4,000 head.
Cash quotations were as follows:
Flour-Steady.
No. 2 spring wheat, 74Ac; No. 3 sprin.
wheat, 74c; No. 2 red, S414@S5;Ac.
! No. 2 corn, 2312c.
No. 2 oats, 1612tG169sc; No. 2 white, +
o. b., 19@23c; No. 3 white, f. o. b., 171
@171ac.
No. 2 rye, 331hc.
No. 2 barley, nominal No. 3, f. o. b.
24M32c; No. 4. f. o. b., 23@l24c.
No. 1 flax seed. 7119M7919c.
Prime timothy seed, $2.65@2.70.
Mess pork, per barrel, $S.25@S.30.
Lard, per 100 pounds, $4.05M4.1O.
Short ribs sides Qoose), $4.25@4.45.
Dry sailed shoulders, boxed, 419M44t
Short clear sides, boxed, 412145sc.