The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-09-04
"THAT TIRED FEELING
ALL GRAIN MARKETS WE'RE OFF,
A BIT YESTERDAY.
wheat suffered With the Others
English Cables Denoted Dcarish-
ness--C0rn Was Less Active.

Chicago. September s.-Wheat today 81
fered In sympathy with decline In for
e,gn markets, December closing Ia below
thv level OF yesterdays closing. Otner
markets were also affected more or less
with that tired feeiing.' corn CLOSING
lower and oats " lower Pork lost anu
Lard 712fp10. Ribs closed unchanged.
What started weak. Opening prices at
Liverpool were at a decline of 13xu ana the
start here was In accordance win the
bearishness denoted at the English mar
ket. December was offered at the opening
at from g3 to 931a, or 1H111 under yester-
Gays close. The bulk OF the hrst trans
actions were at from 93A to 1914 and nue.
figure for three or four minutes. Fol
lowing that there was gradual improve
ment for half an hour until 9fas. or within
" of yesterdays closing price was reacn-
ed. A dispatch from New York report
ing 10000 bushels of wheat taken FOR
export yesterday was given as the reason
for the. firmness shown IN the recovery
the contract wheat here out OF Us carloads
inspected out of store since yesterday
morning was perhaps In the mind OF the
traders. Only six carloads were contract
and of these FIVE were No. spring. a
grade that can not be delivered on con-
tracts made today for any delivery be-
You'd the present month. Minneapolis and
the corresponding day OF the year before.
The advance reached 9i7s and then ] cent
OF 1t was dropped in few minutes, 1874
beng the next stage. OF the fluctuations,
then up again to 94ss In an equally sudden
manner and back once more, slowly this
time. to $685. Scalpers were startled by
the sudden changes and withdrew from
the market, and their absence added to
the difficuity commission houses expert
enced in finding buyers or sellers when
they had orders to execute. New York
wired early in the day that the foreign
demand was renewed and 100 boatloads
taken up to 10 a. m. The market became
very weak near the close, and while the
bears would not touch 1t early In the day
except in the most timid and gingerly
manner. they quickly caught ON to the
fact that 1t was not being adequately
supported near the end and sold freely.
December declined to 92ss and closed at
92%. The closing cables had much to do
with the weakness displayed late in the
session. Liverpool closing 1G1ssd lower and
Paris the equivalent of &dl7s.
Trade In corn was less active and the
volume of business much smaller. Offer
ings were not large and We're well taken,
several of the large commission houses
leading in the buying and when wheat
turned up corn sympathized, many of the
advance. Weather in the corn belt, with
the exception of some local rains was dry
and warm and drouth damage reports
We're numerous. The market eased off
later on expectations of heavy receipts
early next week, the decrease being ac-
celebrated by the latest slump. Local re-
ceipts We're 1888 cars. Atlantic port clear,
ances, 9SS,415 bushels. December opened
Ad1s lower, at a2hds2k. 1t ranged be-
tween 32A and 33iA closing at 1884
fair trade was done in oats. At the
opening the market was weak, In common
with corn. This feeling was changed to
firmncss later only to grow weak again
toward the close. There was good buying
ON the advance. about the only time the
market showed activity. The. tone was
entirely dependent on corn throughout.
Local receipts were $50 cars. December
opened b0h lower, at 90i4. sold up to
2OSs, closing at 2eM@20k. Trade was quite
active in provisions during the early part
of the day. Offerings were quite small
in view of the weakness In hogs and
grain, while the demand was only mod
crate. An easy feeling prevailed and prices
ruled lower around the opening. Later
the demand became more active and an
Improvement followed, which was lost
when corn and wheat went down. Pack
ers We're all good sellers At the close
December pork was lower, at S.97Ik: De-
cember lard, 7la@1O lower at 4.S5al.S7la.
and December ribs unchanged, at sos
Estimated receipts for Saturday
Wheat, 4e5 cars corn. 1900 cars; oats, 42O
cars. hogs. 5000 head.
The leading futures ranged ms follows: