The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-03-13
CHICAGO,

Chicago. March l2.-Wheat closed strong
today at about 3-S advance, after giving
indication during the morning of rep
clifton of yesterdays break. The oversold
condition OF the market and reports of
good export business changed a very weak
market into a strong one In five minutes
time. Corn and oats were Independently
strong, corn closing lsWl, higher and oats
about Is higher Provisions advanced III
al"
Wheat opened close to yesterdays final
price, Y 5-S. The opening Lrice WAS l21a.
Foreign markets res ponded willingly to
the d"cline which took place here yester-
day. Liverpool started with Il decline
of from Id per Genital TOR March, iad re-
duction in May. and came in Isle later
win II further %id fall in March and I'd
IN May. while Berlin reported y marx de-
cline at the beginning. With The excep-
uoh OF the cold wave, which made shorts
little nervous and resulted In small
monetary ,bdvance. there was nothing in
sieht 70 change the bearisn feeling which
prevailed yesterday. ana the LIQUIDATION.
ON "A large scale. soon commenced. hold
srs being further discouraged by the be-
lei that the market Tor mat time was
without a bull leader. The result was
that May had slid down TO Ili.c before
II O'Clock, some lots selling as low as
~ IS. Chicago received nineteen carloa )
of wheat. Minneapolis and Duluth re-
ceivcd liz cars. compared with SS last
Friday and 300 the corresponding day of
last year. Scaboard clearances were again
very HBnt. mat was one or lie near Sn
factors when May was bringing 72c, that
broke 1t to M. About an hour from the
end of the session. after the price had
recovered to 7lA. John culahy's brokers
were seen 10 be bidding for and taking
whoat freely at that and the scalpers.
being short to a man, sudden fear of the
Consequences possible after straight &c
per bushel decline. seized them. and in
three minutes the price was up to i2la.
The pr.ce had another wild squirt I'm the
last ten minutes. The price got M to
4 Al. NJ l.rtsa Ia.
= 7-SN73.
Cora dragged during most Of the -.
sion and hal no life in 7 unt,l wheat p''-
came 50 strong near the close. Then
traders woke up and put some energy fI;o
the market during the last few minutes,
Even during the, extreme dizziness how
ever, prices he'd stubbornly; cletrances
were $4,000 bushels.
oats were firm. and especially so when
tho weakness Of wheat was taken into
cous' Iteration There was a good demend
from shorts and some large lines changed
hG nds. Scaboard clearanccs We're 10000
bushels.
day. AT tho close May pork was i5c high
er. May lard Ike. and ribs l2'2r higher.
Estimated receipts Saturday: Wheat. 90
"a :, corn. 125 cars; oats, 200 cars: hogs
lash auo'atiors were as follows:
Flour--Weaker.
Wheat No. . spring, TO- No. 8, ssa97l, No.
oats-No. 2, 16lsni6s., No. white, l9s.T
-. No. white, l7ul7lA.
nv" NJ. ., c2i2.
iiarey No. ?. nominal: No. 8. (. 0. b..
2ig2 No, l. T. o. b.. %.
FllNseea-No. |. 77iaffS0.
Timothy seed Prime 2T5
Mess pork-Per barrel. +Wds.45
l,ard-Per lo) pounds. i.l2u4l5.
Short ribs sides Loose, 4. i5Mi.6o,
pry sailed shoulders Boxed 42niA.
Short clear s.des-Boxed ias143a.
Whisky- Dislillcrs' finished goods. per
gallon. IT,