The herald., 1897-07-14
CHICAGO MARKET
Yesterdays Transactions on the Boart
Of Trade

CHICAGO, July 13.-Wheat was strong
from the start. The Liverpool wheat
market commenced at an advance of Ad
for futures and I'D for spot and the next
report received just as trading began here
showed a further gain of q in futures.
That caused strong opening here. Sep
TENDER being wanted at from 661sM66M,
compared with 65AM65B at the close the
day before and selling almost Immediately
to 661s. Some other strong points con-
nected with the domestic receipts helped
also to create the bullsh feeling thus ex-
pressed. The Chicago receipts were only
seven cars, four of which were new wheat.
On the corresponding day of last year
80 cars of new wheat were inspected into
Chicago. st. Louis got %, 500 bushels COM
pared with 10000 bushels a year ago. Re
ceipts at Minneapolis and Duluth were
1867 cars compared with AIT the similar day
of the year before. The advance in price
to 661a brought out plentiful offerings
from those who had calls for the day and
that checked for the time any further
rise. New York reported some foreign
buying orders. The principal break to the
enthusiasm of the bulls was the encour-
aging report from the northwest regard
ing the spring wheat crop AT Chicago,
ST. Louis Toledo, Kansas City and De-
troit, the receipts today aggregated $4,000
bushels against $4,000 bushels the CORE
spending day of the year before. This
fact was given a great deal of attention
by traders as 1t apparently Indicated ex-
haustion of interior supplies of old milling
wheat The Atlantic port clearances of
wheat and flour were small at the equiva-
lent of 1875, 900 bushels. The closing cable
grams reported Liverpool advanced for the
day 1ss for July and sd for September and
December New York was as bullish as
Chicago on July wheat and st. Louis more
bullish than either. The chief trading of
the day until within twenty minutes of
the close was at around SSH and $685. for
September, but about that time the one
cent advance at ST. Louis woke the traders
up and in very short time the price was
rushed up to 6S3s. There was very heavy
covering near the top of the bulge. By
closing time September had reacted to g..
Corn was neglected. the volume of trade
being smaller than for some time and
fluctuations were confined to narrow
range. The firmness which characterized
oats was for the most part due to SYM
pathy with wheat. Provisions ruled dull all
day and weak within an hour of the close.
The leading futures closed as follows:
Wheat, No. p
July ...... ........ ......,..... 71si
September ..... ...<........... CT
December new) ........... 6S% M6S7s
Corn, No. 2
July 2lts
september ........ ............. =. 1854
december ................ ......... 27A
Oats, No. p
Juiy ..... ..'..... ........ ........litSqlS
september .......... 1874
Cash quotations We're as follows:
Flour quiet. No. 2 spring wheat, 71si
No. spring wheat, 6Sa41701A; No. red,
new, ia; No corn, 257S@2614 No. 9 oats,
IS; No. 2 white f. o. b., 22@221a; No. white,
f. o. b., 20422; No. rye. So; No. 2 barley,
nominal; No. 3. 2SdlS1; No. A. 271aM2S1h; No
fiaxseed, 7S1AG79A; prime timothy seed,
2.15; mess pork per barrel, 7.50M7.55 lard,
per 100 pounds, S.S21aG3.S5: short ribs sides
Qoose). 4.15@4.40; dry sailed shoulders
(boxed 1905; short clear sides (boxed),
47s04a4; whisky, distillers' finished
goods, per gallon. s119; sugars, cut loaf.
5.1; granulated, 500.
Receipts. Shipments.
Flour, barrels ...... 10000 1000
Wheat, bushels... ...... 10,000 II eco
Corn bushels ..........1140tp 120. 600
Oats, bushels ...........346,0 1000 All 900
Rye bushels ............ 1000 .......
Barley, bushels 22,0e0 5000
On the produce exchange today the but
ter market was steady; creameres, 800
1414; dairies, 9G12; cheese was quiet at
1l4@S. Eggs We're steady; fresh. Sc.
Chicago Live Stock
CHICAGO. July 13-Cattie-Native beef
steers found purchasers at 3.S5M490, chief