The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-12-10
CHICAGO MARKETS.
The Board of Trade.

| CHICAGO. Dec. a.-Not since August.
1881; has any months delivery OF wheat
rose from sl.0lla at the opening to s1.O9.
but in very irregular fas on. II had
| many sudden backward lie, but In the
sna Il biz reS5ea at @ or no; so1
January was q good second. winding up
with gain Of &c. May was less demon
strative in It's bulllshness. Its advance
was lssc per bushel. Other grain and pro-
vision markets were more or less In
fiuenced by the advance in wheat. Corn
and oats closed Sc higher each, and pro-
visions 5Q1i2c higher.
Wheat was very nervous at the start.
Shorts were evidently alarmed by the an
nouncement that the bull clique had made
arrangements 10 ship by ail-rail all the
wheat delivered them on December con-
tracts, and had also made advantageous
storage contracts in the East The con-
sequence was there was host OF buying
orders for December at the opening. most
ly of moderate lots. 1t is true, but they
had the same effect on the already
strained market as II they were for mil
cember closed yesterday at s1.ooi.. but
opening bids today ranged ell the way
from sl.Olle to 81 "a. and at the 'op there
was scarcely oushei to be bad. THIS
the shorts. not in December alone. but In
January and May also. Before wheat
came out. si.o5 was offered for December.
Then came a lull. which lasted for an
hour.
The brokers operating for the bull clique
attempted to stem the tide, but proba bly,
from 209. 600 to 10000 bushels were taken
before a reaction occurred. December de-
clned to sLo9la. but by Has had again
risen TO sits. Then came the storm:
excitement ii1 December was bid TO slos. II
reacted with a jerk 10 N.co1z. then up
again without stop to slu9, the highest
price bid for wheat in this market in six
years. Probably as much wheat was sold
on this advance as on the earlier one.
After that the market was quietsr.
not ah Reen ,aIe That month opened strong
at from s3c TO SIC. and it sold az high as
Sc during the excitement. an advance
OF sac since yesterday. II was figured
that the influences controlling December
also applied TO January, and shorts got
under cover as quickly as they could:
May was also very strong though IL did
the other options: II opened at slg9ls4c.
as compared with yesterdays closing
price OF soszaaessc and had advanced by
noon TO s-ssas-a.c. II the market AT the
cline would in al probability have oc-
CURED. Liverpool! opened firm at an adj
vance OF I'D. and closed only shade
higher. although they must have known
before the end Of this session OF the early
considerable strength OF the market here
Reports Of rains interfering with the har-
yasiing OF wheat in Argentina and that
the exportable surplus would be reduced
n consequence, was one OF the items of
the DAYS news that. Ike a good many
more. received very little attention. De-
cember, during the fina! hours trading.
moved irregGlariy between sI-es and N-e1.
closing nervous al that price. May Rad
reacted 20 ssSsc at the close, while Janu-
afy wound up az s4s9c.
Corn was duh but firm. the range being
i5f3sc The tone was due largely 10 the
ADVANCE IN wheat. closing Ac higher.
Oats were quiet active and strong. IA
sympathy with wheat. May closed sc
higher.
Nnt much interest was manifested Ia
rrexrfsions The closing prices were
hfgaer. January pork sc higher. January
iar,! Tsc higher and January rios SC
higher at the close.
Closing Quotations.
wheat-December. SCI: May. s2AsGseisc.
Coru-Deceraber. SIC: May. 25sc-
Oats-Dscernher. &c; May. -sc.
TsrS-Decen6er. a22: May a.I
Rfh--Decsmoer. slae: May. sE-2eGt5s.
cash wheat-No. : REF. s.. -; No g. &c
asl: No spring, &c: No 3 EnsSe; No
: nara winter. ssaEsle. No. ;, ssgs'e; No.
/ new spring, VI n-..1...
oats-No 2 2ezf2z1e. No. :, 29s4Q2lc.
Barley-ssssi2c-
Eye-ssc.
FIzx-s2-E.
TiMo1hy-E3
Live stock
Ca..!e-Tas extreme range - prices BE-
tween .ae poorest and ths best cattle
Tss unusually wide q se~ cars OF Christ
mas b~evsz xoiox q; ExsSb9. while very
common. steers sold ~ &-S5ssS.ss. The
bulE OF the cattle crossed sas scales At