The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1897-09-16

very bad French and Italian crop re-
ports and some statistics from the
Washington agricultural bureau showing
that Europe would have to import 49,
100000 bushels of wheat from North
America this season, all of which, with
the exception of about 25OOO,OOO bush
els, must come from the United States,
a larger total than has ever been called
for in one reason before. The French
minister of agriculture reported the
wheat crop of that country, S5,1S9,OOO
bushels short of last years, while the
Italian crop was said to show n Oh, 1OO,-
600 bushel shortage. Chicago receipts
were 317 cars, only / car of them con-
tract, and 15S,OOO bushels We're inspect
luth reported 1851 carloads compared
with 147S cars the corresponding day
last year. The Atlantic port clearances
for the day were equal in wheat and
flour to 761 600 bushels. Bradstreet's
reported the worlds stocks increased
100000 bushels, 100000 bushels of
which increase was east of the Rockies
in the United States and Canada and
3.S0O,000 bushels of it in and afloat for
Europe. Previous to the receipt of
Bradstreet's statement the closing quo
tations of the foreign markets had heen
received, showing considerable change
from the early tone. They showed Paris
wheat lie per bushel lower for the new
delivery and 1 1-4c lower for Novem-
ber-F February and Antwerp 3-Sc lower.
Liverpool also, although I'D higher for
the futures. was from IL to Id lower
for spot, except No. /, northern spring,
which was unchanged.
The weakness of the closing cables
caused reaction to 81 3-4c, and when
the visible supply increase was made
IypA Ga, he, 70 ~
sued. The market closed at 81 La
"a Csc for December.
Corn-A good speculation business was
done in corn at an advance over yester-
days closing prices. The strength was
due to sympathy with wheat and to the
dry, hot weather. Shorts covered liber-
ally. The comparative weakness of
wheat late in the day caused relaXa-
ton in the demand, and a reaction ell
sued, during which most of the advance
was lost. Receipts, 1904, cars. Visible
2,779,O0O' bushels. Country offerings
were light and the shipping demand a
little improved. Showers and cooler
weather were promised for Wednesday.
December ranged from 81 3-4c to BE.
closing at 81 1-Sc asked, an advance of
1-4c. t.u
Oats-Business in oats was quiet and
unimportant. The market was strong
early with corn and fair cash demand,
but nearly all the advance was lost
when other grains reacted. Receipts
were 1856 cars. The visible supply in
creased $4,000 bushels. December
ranged from "a 1-3M24 3-Sc to 21M
81 Use, closing at 81 1-Sc, or 1-Sc above
yesterdays close. H s,
Provisions-It was a yellow fever
market in provisions again. The mar
ket started strong with corn, but fear
of the possibility of the fever becoming
more general caused general selling
movement and sharp decline from the
opening prices ensued. The principal
selling was said to be for Cudahy. Al
the close December pork was Z Lie
lower at SS.25, December lard &c lower
at $3.50, and December ribs DC lower
at $3.50.
Estimated eceipts-Wneat. 230 cars
corn, $40 cars; oats, 80 cars: hogs, ~
600 head.
Cash quotations were as follows;
Four-Steady.
No. ? spring wheat, 94@943sc; No. ;
spring wheat, 91M94c; No. 2 red, $500
967sc.
No. , corn, SOC: No. . yellow corn, Dc
No. oats, 19A020c; No. = white, DC
No. 3 white, 21@22Ac.
No. rye. 51c. .y q.
No. barley, nominal: No. ), fob. ;:
| 644c; No. 4, fob. 29M35c.
No. l flax seed, S1.07M1.O9.
Prime timothy seed. $3.50.
Mess pork, per barrel, SS.2O0iS.20.
Lard. per 100 pounds, $4.421h.
Short ribs sides (Oose) So. 1Od3. 40.
Dry sailed shoulders (boxcO. 51AtG3;4c
Short clear sides (boXedl, 59sMJ'Ac.
Whisky, distillers' finished goods. pc
gallon, $1.22. .-
The kafing futures ranged as follows