The herald., 1897-08-03
CHICAGO MARKETS
Yesterdays Transactions on the Board
of Trade

CHICAGO, Aug. 2.-Liverpool and Lon
don were still devoting themselves to holi-
day pleasures. and consequently regular
market quotations were not received from
there. 1t leaked out. however, that Paris
had made another sensational advance of
equal to 25s cents per bushel-at least, it
was so reported as the market was OPEN
ing here. English country markets were
Cd higher. The receipts here were only
24s cars. against 1858 as estimated Satur-
day. and the worlds exports to Europe
for last week gave indications of being
very light, the Danubian states reporting
only 112,000 bushels. Those were the points
| that the local spectators seemed most i'm
pressed with for time and caused the
market to start very strong at "a cent over
Saturdays closing price, and, in about
| twenty minutes to gain further w. The
| prospects of heavy visible increase which
developed shortly forced a sudden change
in sentiment. Prominent bull leaders ap-
peared as heavy sellers, disposing of 1,5OO,
600 bushels. The demand thus filled, a
general rush to realize set in and. prices
declined to the opening figure, rallying fit
fully to 751s. The visible increased l. 1882 900
bushels, compared with decrease last
| year of 3SS000 bushels. The total is now
I7,S14,00O bushels, against 46, ,754, 900 bushels
year ago. Export clearances from four
principal Atlantic ports were equal in
wheat and flour to 41S,O0O bushels. Primary
market receipts were 1,259.OO0 bushels,
against 5000 bushels a year ago. Kansas
City received S12 car loads and Toledo 361.
but against the Toledo receipts must be
placed shipments from the same place of
about 100000 bushels. New York report ed
a good demand for Germany and Balti-
more mentioned the same circumstance.
Paris closing cabegrams failed to support
| the early reports from New York in regar
| TO the foreign markets, but Antwerp made
the advance that had been credited to
Paris-50 centimes. or 25s cents per bushel.
Paris was given as closing unchanged for
the near delivery and 1 cent per bushel
higher for the November February term.
Half an hour from the close New York
reported 70 boat loads, equal to 60O. 900 bush
els, taken for export to the continent. Sep
tember wheat opened 1s cent higher at TAX
advanced to 761s shortly after the opening.
| reacted to I49s after the visible statement
was finished and advanced again to 1854
once more declined to 747s recovered and
held steady until near closing time at 751s
@75A, took jump in the last few minutes
to 751a, and that was the closing quotation
Corn opened strong, chiefly, it is pre-
sumed, because of crop damage reports
from Kansas, for from elsewhere the crop
was generally we'll spoken Of The price
near the close was within small fraction
of the best figure of the day. Oats opened
| firm because corn did, sold off shade later
for the same reason and really finished up
the session with slight gain over Satur-
| days final quotations. Receipts of hogs
were $4,000, and that being so much in ex-
cess of the estimate on Saturday, that the
opening price of provisions was at a sharp
decline from Saturdays closing figures.
| The leading futures closed as follows:
|