The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-10-07
SLIGHT ADVANCE IN WHEAT
The Movement Checked BY Unloading
for the Bull Clique.
CORN AND OATS ALSO CLOSED HIGHER
The Foreigners Held the Reins for
Some Time--Provisions Were
Decidedly Weaker.

| Chicago. October 6.--wheat today added
| lhc TO the &c b scored yesterday. For
eign markets held the reins. but the ad-
vance was checked by the unloading oil
large quantities of long wheat, presuma-
l'lv for the bull clique. Corn acted SIM
liar to wheat. but advanced only MIA.
Oats closed nc higher. Provisions were
again weak and show declines OF 7ixnl2i.
at the close.
Wheat was strong at the opening. IAv-
an equal amount. In addition to the in
MIGRATING influence of the foreign ad-
vices. the trade was advised OF sales OF
10000 barrels Of flour yesterday at MID
reapoiis. a good share OF which, Il was
claimed. was sold for export. North
western receipts were liberal. 1908 cars
for Minneapolis and Duluth, against S25
last week and ll5s last year. Local re-
CENTS were 3io cars, against 2s5 expected.
Below certain price the demand for
wheat seemed practically unlimited and
indicated the presence in the market OF
ferings were absorbed so fast that the
shorts became alarmed and started for
cover. This sent The price up to within
&c OF the top. when offerings again be-
otter reaction followed The Bradstreet
reports of the worlds available supply of
wheat showed an increase of 2.9i4,oo0
bushels. against 100000 bushels the
previous week. and $4,000 bushels for
the corresponding week of last year. or
the increase during last week 2.3i4,cJ0
bushels were in the United States and
Canada. east Of the Rockies and 10000 in
ana afloat for Europe. These figures
Were much less than anticipated and
helped by reported export engagements OF
seventy boats, made the market very
strong In closing. December was bringing
% % as the session ended
There was firm feeling in corn with
the trade Influenced by the drouth and
ehs governments crop report which Is due
Saturday and which is expected to show
Cables were also higher. There was
good buying by local commission firms
during the morning. The visible increased
l,ote;VV' bushels. Receipts 400 cars. At
bushels. December ranged from 3Oisep
5oh TO 29&, closing 4 higher at 30A
oats were firm at slight advance
mainly the result OF influence OF wheat
ana corn. New York did some buying
ana the foreign demand continued urg.
en-. both of which facts helped prices.
me visible increased 5000 bushels. Re-
cents 21I cars. December ranged from
~ sogN,s TO 2l%a2l rs, closing 4 higher at
t'rovistons were decidedly weaker. An
advance OF 3D. In the English lard market
ana much smaller local receipts of hogs
t thhaah expected helped the market around
the opening, but the slight rally brought
out liberal quantities for sale and The
larket soon became heavy The demand
uieu out almost entirely as the session
advanced. Closing prices were at the
bb0tttm. December pork ~ lower AT |
: 22tsuS. so; December lard i2iS lower at |
4 S-i1 December ribs 7ia lower at 4.sois |
n's.linated receipts tomorrow Wheat $50: |
corn $40 cars; oats $50; hogs g, 900.
-. .Ie icauIng futures ranged as follows.
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