The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-11-26
FRIDAYS ADVANCE LOST.
pig decrease L the Offerings Il
Nister Wheat.
LIVERPOOL CABLES DISAPPOINTING.
Armour = IN. sold December wheat
I'm the Pit-Ccrn slow with the
Price Tending Downward.

Chicago. November z.--An OF yester-
day'e l%c advance In wheat was lost TO-
aay. while December dropped lac. There
was By increase In winter wheat offer.
inga. especially from Indiana, and this
was very effective with the crowd, who
solo from the start. Other markets were
ouh, with narrow fluctuations and only
slight changes in prices at the close.
wheat opened weak for both May and
Decembcr May started kG%c lower at
s-'sua2's, and December at %. a decline OF
'sc. Liverpool cables were disappointing.
showing but ,aufsd advance as a response
10 tie bulge here yesterday.
| Ncr'hwestern receipts were s27 cars,
against 81 last week ana 54c a year ago.
The persstency with which receipts up
there refused To fall or. in spite of all
| lredicticrs to the contrary, was also a
clog to the market. 1t developed that the
| heavy advance Ia December was having
It's natural effect upon country shippers
VINO possessed any that would inspire con.
| tract. Wheat that would have gone to
| Toledo or st. Louis under normal consii-
tions was headed this way, and 10000
bushels of No. red winter, ready to
ship from Indiana. was sold in the pit at
from 20 to 9sA for May delivery. The
opening decline In that future was pressed
into still further reduction when the
above information became generally
known.
Chicago receipts were 800 cars. trad
streets reported American clearaaces OF
Wheat and flour for the week from both
coasts at 5,465,p0 bushels, against G,6oS.0uo
for the week before and 3753,OV the CORE
spording week OF 1896.
There was some bull news at hand, but
little attention was paid TO Il. New York
reported 32 boatloads sold for export, 20
OF them for Trieste. ustria. Today's
clearapces from the Atlantic seapoard
amounted to 4e.o0l bushels. Only about
100000 bushels increase On the visible is
expected Monday
The advices from the Northwest were
that, owing to bad weather, farmers de-
liveries have fallen off, The bearish eff
feet OF the sales of No. . red winter wheat
10 arrive here from Inuiana Increased
when Ii became known that handlers OF
cash wheat were sellers OF carloads to
arrive for Iowa and Nebraska correspond
ens who had No. spring 10 ship. Armour
& Co. likewise sod December wheat In the
wheat bought In Duluth 10 come here.
Selling of December finally became so free
that the market declined 10 Wy near the
opening and had sold as high as 99la 1t
steadied somewhat at say and by closing
time had recovered TO g7% May did not
entirely escape. II sold between 92ss ana
92sa for some time, then broke to 9l%,
closing ait 91A.
Corn was slow, with the dealings con-
slsting Of the transferring OF December
contracts to May at about 33sG3sac differ
ence The tendency of prices was sight
ly downward. due to receipts OF SAG cars
and sympathy with the decline in wheat.
Atlantic clearances sol 900 bushels.
Oats were weaker and closed lower. The
decline in wheat had a depressing effect
Receipts 70l cars,
Provisions were dun but firm. january
pork closed 2lac higher, lard 2lam5c higher
ahi January RIBS a shade higher.
Estimated receipts MoDnay--Wheat 167
cars, corn 400 cars, oats $50 cars. hogs A.
600 head.
The leading futures ranged as follows.