The herald., 1897-08-01
CHICAGO MARKETS
Yesterdays Transactions on the Board
of Trade

S11loAdO, July ol.-LlVerpool is obServ-
ing holiday and sent no quotations on
grain this morning, but a London cable
gram quoted the cargo market strong on
account OF the continental demNd. New
York advices of about 900 900 bushels of
wheat having been sold there for export
yesterday, was an element in creating the
strength with which the wheat market
started here. September, which closed
yesterday at 741s, was wanted at from T47s
4751s at the opening, and rose in few
minutes to 751s. 1t reacted to 74st and fol-
lowed that by another quick advance thai
ended at 751aG155s The latter bulge was
due in some measure to an advance IN
July wheat at New York of nearly cents
per bushel. The bear leaders came to the
front and sold freely at over 75 The crowd
| took the same side and plenty of long
wheat came out. Wheat delivered on July
lcontracts-as much as 900 bushels, 1t
was said-had some influence in checking
| the bull feeling. The indications also were
| that the visible would on Monday show
| another considerable increase and that
| primary market receipts would be still
| further increased next week. had its effect
| in inspiring caution in buying. The re-
ceipts at the primary western markets.
| today were 500, coo bushels, against 543, 900
bushels last year. Of today's receipts Kan
sas City got 217 600 bushels. Chicago had
| i76 cars, 15l of them new against 291 last
| year. The quantity inspected out of store
was coo bushels. The total quantity
received at Chicago this week was 1000
bushels, against shipments of $685. 900 BUSH
| els, the first week this season that the
| receipts exceeded the shipments. The
weeks clearances of wheat and flour were
! equal to 2S49 600 bushels from both coasts.
| against 1881, 600 bushels the week before.
The exports from Atlantic ports for twen
| ty-four hours were equal in wheat and flour
| n HI NJ
| asM5s higher, at 745sMI51s, advanced to 15l2
I755s and declined to 145s for causes al
ready mentioned. 1t did not rally again to
| over 747s, and later it declined to 141a and
closed at 74ss. The Paris and Antwerp
markets closed with additional advances
of about equivalent to-2 cents per bushel.
Corn got very strong start because of the
extreme heat reported to be prevailing in
Kansas. Reports from the southern coun-
| ties of that state were all agreed as to
| the bad effect on the crop of dry weather
and temperatures around 100 in the shade.
The market for oats was one of more than
the usual dimness which characterized
short session. The provision market
opened as if it meant to scare the shorts out
of their margins, but did not carry out the
program After a very buliish start, the
market became quite tame in the absence
of outside orders.
| The leading futures closed as follows:
| Wheat, No. 2
July ........"................ .....'.....ao12
September .......................i11s
| December (new).. w)......................to
Corn, No. p
july ......'........''''.''''
| September ..........''..zi9s
December .....................'. .EoIsW-9
May ........"..................
Oats No. p
July ............................ .'.lo9s
September .........................''. .lI1sWl'A
May ............................. ..........@V14
| Cash quotations were as follows:
Flour firm; No spring wheat, 751a; NO.
8 spring wheat, 67l69; No. red, 75lAG76;
No corn, 27s4@2S; No. oats, 171e@1I7s;
No. white, f. o. b., 2O@2112; No. white,
1874 a1S1b; No. 2 rye, 401a; No. barley, f. o.
b., 29aS3; No. 1 fiaxseed, SSqS9; prime timo-
thy seed, 275; mess pork, per barrel 1850
7.9O lard, per 100 pounds, 4.25; short ribs
sides Qoose), 5A@52s; dry salted shoulders
(boxed), 1905; short clear sides (boXeD,
4A047s; whisky, distillers' finished goods,
per gallon, 119
Receipts. Shipments.
Flour. barrels. 1900 5000
Wheat, bushels. ........1 100000 136,00O
Corn. bushels .561 600 425, 900
Oats, bushels. s............41 10000 1S2, 600
Rye bushels. ............ 10000
Barley, bushels. 6,0OO 300
On the produce exchange today the but
| ter market was steady; creameries, 1O6141a;
ldairies, 7@12. Cheese was dull at 612Q9.
Eggs were firm; fresh, 91s.