The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-09-25
WHEAT AVERAGED HIGHER.
Besrish Feeling Caused Wheat Buy :
ing and Prices Went Up.
OTHERS INCLINED TO WEAKNESS.
Corn and Oats Closed a shade Lower
The yellow Fever Scare Carried
Provisions Down.

Chicago. September 2.--wheat avera gct
higher today and closed at Nc advance
for the December future. Local feeling
was bearish and there was enough en-.
courasement to buy In the way Of bullisf
foreign news to keep the market little
above yesterdays prices. Other markets
were duh and onclined to weakness. Pro
visions have had another touch OF the
yellow fever scare. Corn and oats closed
a shade lower. while provisions showed
7ia@i5c decline at the close.
In wheat. prices around the opening
were controlled entirely by the action OF
the Liverpool market. That market
started at I'D decline, but before the open.
ing mere had not only recovered this, but
hah added I'd TO yeaterdays closing
prices. The reason given for Liverpool s
slrehgth was a report of damage to the
sldered unlikely, and another private mes-
sage from Liverpool said the report was
without foundation. The market how
ever. took sufficient notice OF the report
10 open December wheat at 92s4 M92A, the
o cd,sosing price Yesterday having been S2Aq
s2as. The advance encouraged sellers and
a quick reaction 30 ,9lM. followed
III was stated on the floor that special
session of the British parliament was be-
Ing talked of TO consider means OF relief
lor inc sufferers On account OF the irish
potato crop failure. The bringing OF this
feature of the worlds food situation be-
fore traders was undoubtedly influential
In the advance TO a3 which followed the
doelius to 9lM.
One decidedly weakening factor was the
continued heavy local and Northwest re-
celpts. Chicago received 900 ears % of
WI ich were contract. The quantity III
'pected out of store was only 1900 busn-
els. Minneapolis and Duluth received 1901
cars. against 1913 a week ago and 72a the
CORE u onding week OF the year previous
The bun clique was left alone, In n great
measure. 10 do all the fighting against
operators Most Of the heavy traders ex-
pressed themselves as unwilling to buy
curing the continuance of such heavy
Northwestern receipts New York report
eu that foreigners We're moderate sellers
of futures early in the session. A private
cahlegram from Berlin read: wheat de-
Ginning: Danub!an States and Russia or
feIng freely"
The Atlantic port cearances OF wheat
and -four were 10000 bushels. Primary
market receipts amoNted to .2i7522 bush
els, compared with S62sii the correspond
ing day of last year The closing prices
abroad showed the following changes com
pared with yesterdays final quotations:
Idverpoo.- No. red and No. | Northern
spring "a lower; futures ss17sd higher
Far So confines lower for September and
20 centimes for later futures
After the advance to g3 the market re-
acted to 92is. slow advance to 1924 fol-
'pNti Dul une weakness OF CLOSING ca blaS
caused another reaction, the price OF De-
cemher dropping back to o2l.4e27s by clos
ing time.
Trade IN corn was dull and the small
amount of business made a rather heavy
market. The start was strong in syinpa-
Thy with the opening jump Of wheat. IL
followed that market on its leckne and
Tor the mtiuder of the session ruled
very quiet and fuctuated within A narrow
range, Cables were unchanged to I'd
hlEher. Elevator people reported frcer
country acceptances. Receipts Sc ears
l1ecember ranged between 30a4 dt3O7s and
sWSd3oh, closing shade lower at 3Oss
Oats fuctuated sympathetlcally with
wheat and corn. Elevator people sold
modcrately The cash department was
easy, with sales &c lower. The markel
was very dull during the greater part Of
thc session anti fluctuations were harrow
anu lhirequent' Receipts $40 cars; clear |
ances 10000 bushels. December RANGED |
203sn2OS. A'
Provisions were weak BAD yellow fever |
news and LIQUIDATION of October contracts |
Tor nps especially were the principal de- |
pressing features. The market apparent- |
" lacked in short interest ana the rnarke. !
showed absolutely no buoyancy, closing al |
the bottom OF n rather severe decline Al |
lne close December pork was l2ikc lower |
y $50 December lard i5c lower at 4 4Sfp |
,9liA and December ribs 7lsc lower al
!. Saia az
Estimated receints tomorrow--wheat PIX
,,mrs' corn 5S5 cars. oats i25 cars, hogs L.
The leading futures ranged as follows: