The herald., 1897-08-14

rallied to ssls and then turned very weak.
stopping only at s1ik, scent decline from
the highest price Of yesterday. 1t recov-
cred again by IL o'clock to around S2A,
where it hung listlessly and without much
business passing for half an hour. The
lower quotations from Paris were made
much of by the bears. Antwerp was un-
changed and Liverpool closed from Id to
I'd higher for cash wheat than it did yes
terday and I'd higher for September. The
decline which took September to S1h was
helped along by a break in prices at st.
Louis during its progress. Minneapolis
and Duluth stocks Of wheat were reported
to indicate a reduction for the week of
100000 bushels, and as Chicago stocks
should show about 100000 decrease, the
visible supply ought to show something
like 100000 decrease. allowing for some
increase at the seaboard. The seaboard
clearances of wheat and flour from At
lantfc ports were equal to 645,000 bushels,
200 900 bushels of it being in the shape of
wheat from Newport News. The reaction
from the first decline to S112 carried the
price back to s2a4, but the market weak
ened again on renewed liquidation and sold
off rapidly to S07s. recovering to S19s on
shorts covering. December averaged at
a discount of &c. September opened Adss
lower, S2& dS2h, sold between S31s and S07s,
closing at S1ss@S11a. net loss of 1es. The
early dealings in corn did not sympathize
with the weakness in wheat, fears of
early frost were evident in the minds of
the late bull leaders in wheat and they
took about 100000 bushels during the first
hour The decline in the price of wheat
began to have more effect toward the end
of the session and lower prices were pre-
vailing in the last twenty minutes. Oats
were active and firm early, but broke with
the other cereals toward the end. Pro-
visions ruled firm and trading was fairly
active. The cash demand was stronger
than for a long time.
The leading futures closed as follows:
Wheat No. 2
oepteinper .ol9s@Slis
December ........................... SOS
Corn. No. p
August ........................... .27ssM271a
september Observation-Disclosures. .277sM2S
december ............................ .291s
May ......................... .3ls4
Oats No. 2
September OBSERVATION-DISCLOSURES. 171h0175s
Decehper ....'....''''.............. ...lSis
May ........................... 20$4 6f201s
Cash quotations were as follows:
Flour firm demand moderate: No. Q
spring wheat. S2lsMS41s: No. spring
wheat 7S@Sl; No. red. S5GS6 No. corn.
2I7sd2s; No. oats. 171a@1S No. white,
2O42lH; No white, 1S1sa2O1k: No. 2 rye.
44%d45; No. barley, 2S; No. 1 fiaxseed, 9sIs
as912; prime timothy seed, 2.7O; mess pork,
per barrel S.O0QS.05: lard. per 100 pounds,
4.311sd440; short ribs sides Cloose) 5ssM5l:
dry salted shoulders (boxed), 5@54; short
clear sides (boxed), 5ka5A; whisky. dis
tilers' finished goods. per gallon. 119.
Receipts. Shipments
Flour barrels. .......... 1000 II 900
Wheat. bushels. ........ .1O3 900 167. 900
Corn, bushels. ......... .459000 S37, 900
oats. bushels. ......... $685. 0o0 361, 900
Rye. bushels. 10000 26 900
Barley, bushels......... 5000 1000
On the produce exchange today the but
ter market was firm: creameries. Halls:
dairies, 10M13. Cheese was dull at 61bqS
Eggs were firm. fresh II