The herald., 1897-05-07
CHICAGO MARKETS
The Days Transactions on the Board
of Trade

CHICAGO, May Elm wheat considera-
BILE hesitation was shown at the opening.
due to the splendid weather and rather
heavy receipts in the northwest, with re-
ported practical completion Of seeding in
| that section. But the weakness died at
once. First transactions in July were at
69A, yesterdays close. down to 695s. 1t
sold very sparingly at 691s and then took
an upward course. which it pursued with
but small reactions until at II o'clock lis
was being bid. The Liverpool market
opened 1a@Ad higher, and in the course of
the latter fluctuations got to 1ad above
the previous days closing figures. That
helped in creating the bullishness which
the advance to 71R represents. st. Louis
had grist Of cinch bug stories from Mis-
souri, and Kansas, and the San Francisco
market was very strong. Notwithstanding
rain had fallen in the northern part of the
state Estimates of the crop in that state
made 1t 100000 short of the previous
years yield. Both this and the St. Louis
bug stories had their effect. Seaboard en-
gagements, which were reported at 10 boat
loads to begin with had increased by noon
to 20 loads. Chicago receipts amounted to
cars against 800 a week ago and 7eS the
corresponding day of the year before. The
Atlantic port clearances of wheat and flour
We're equal to ll6oCo bushels; Liverpool
was finally brought to standstill by the
lack of spot demand here and by selling
against calls. Realizing was heavy enough
to force decline TO 711aH at the close Corn
range; it was influenced some by the
strength in wheat, but this factor was
partially offset by the fine weather and
the steady progress of planting operations.
In oats. May inclined to drag. but the
later deliveries We're firm. There was a
good demand for July and that and sym
pathy with wheat resulted in a slight ad-
vance. Provisions opened firmer on small
hog receipts. ruled strong for short time
on a moderate amount of buying, but
closed with most of the early advance lost
the chief supporter of the market.
The leading futures closed as follows:
Wheat No. 2
May .........................
July Observation-Disclosures.
September NEUTRALITY-SUSPICIOUS.. ..,6S1sQ6SH
Corn No 2
May '....'''.'.'.'.''''...'..'.
July ..;...'..'....''''....'''
Oats No. 2
May Observation-Disclosures. III
July ..1151A017ss
September .;............ ...,.- - ...:.;,....lS
firm; No. spring wheat, 724@7SA; No. 8
spring wheat 6Sdl72; No. 2 red. 901l a91A /;
No ? corn nsS 24a2tss; !, No; 2 oats, 17a17A: No;
Thite 222a rve fSo Si M Nc bsraH white 22a2
No. 8. 25QSS fob; No 4, 25@2S TO b.; No. /
flaXseed, 7T9ISla; prime timothy seed, $50:
mess pork per bbl., S.55QS.6o: lard, per 100
lbs. !4.O0I4.021a; short ribs sides, loose. 1855
@4.75; dry salted shoulders, boxed. 5AG5h;
short clear sides, boxed, 545%; whisky. dis
tilers' finished goods, per gal. 119.
Receipts. Shipments.
Flour, bbls. 5000 5000
Wheat, bu................ 10000 65 900
Corn, bu.................. 5000 81, 900
Oats, bu.. ..................232.OlO 900 229 600
Rye. bu,-. -.................. 1000 LOO
Barley, bu.. ........,.... $4,000 5000
On the produce exchange today the but
ter market was steady; creameries. 11GIl5;
dairies, 9@1S Cheese. unsettled; 10A@f1.
Eggs steady at 868h.