The San Francisco call., 1897-08-26
NEW YolK WHEAT MARKET.

NEW YORK, n. Y, Aug. 20 There was a
pause in the downward movement of wheat prices
to-day and at the lowest point of the session there
was a rise of 4c bushel from yesterdays close,
but this was still 31l2c under the highest figure of
the year on December
The market started out wi b bulls in control and
a spirited competition for W heat between local
shots and Continental houses.
Prices ran up to CSC this bul g. against 953lc
last night but a succeeding cloud of selling
orders in realizing and for short accounts dipped
to 9614c from which it rose steadily, reaching
9y34c in the afternoon on good alI-around
buying, led by Chicago Local speculation reused
into pronounced activity several tim, during the
Gay. not only at the opening, but, the case
yesterday, there WAS little or no feverish excite
menJ in the pit
The pulls who engineered the recent advance
were all understood to have secured their profits
and trading developed in favor of the small ope-
rators. who likewise friendly TO wheat, afraid
10 perSiS; aggressive &C lions. table news was
bea rish, with The single exception OF Liverpool.
which, after opening I'D lower rallied l14111A
and then casini II slightly closed AT 2112 g2$4d
oss from last nigh Paris markets opened aud
closed lower the fin Al figures being 35@7U points
Off on wheat and 65 centimes to franc lower
-four. Antwerp was ie poiht over tor the day
and Berlin unoffciaiy marks lower, so that.
with the exception of early foreign breaking ana
The rally, to-day's cable news was detrimental 20
confidence the bull SIDE,
the publication in prominent American trade
jou nal of estimated requirement OF between
800 900, 900 and 400, OU0,UC0 bushels by Europe
III year was conf rm atm of the most extreme
builish views exchange. Near the close the
market firmly inclined by runors that export
ers had picked up something like SOO. 600 bu hes
at New York and outportS to-day. Final figures
for the day were at 234@3c advance over las
night. sentiment after Change rather pa rtial
TO he bu side, on the lea that prices nave had
sharp enough break TO shake out great lot OF
turdensonle long wheat, a lowing the market TO
rest on a healthy basis again Total transactions
to-day w. re upward of Ia, ,U00. 600 bushels Atthe
clos No. ! Mort hern New ork was qaoted nomi-
naly 09A +. o afoat.
The corn market was active and higher with
wheat, gaining Ts01c for the day. Septem Der
ranged rom 3"34 10 347sc and closed at "a 5sc
The range on September " heat fom CSC 10
81 OF L2, closing at 81 O034 December sold ir m
96IAc 70 99s4c and closed at es1ac. ON the curb
Decem Der soid up TO 99S4c
Merchandise.
NEW YORK n. Y, Aug 25.-Receipts of -four
14.e-l, shipments $500 Quiet but strongly held
do bakers, 81 A ga rs; winter paten $5 a
75 winter straits $5@5 20; win extras
ss e3@3 80; winter low grades ss 4t@ 80.
VIII EAT-ReceIpts, Ia, ,625 bu.; exports, lSl,-
044 bu. spot firm; No. red, 81 0434 Options
opened strong on at rally Liverpool, were ir-
regular all day on CO fiicting news including
weak Continental cables export buying and gen.
erai covering Closed 234 C TO SC net higher No
2red august closed 81 O2s4; september, ssc@
81 OOi2 cos 81 OO34.
HOPo-Steady.
WOOL-Strong.
CoPPER-steady. Brokers, $11 25 exchange,
LEA D.strong Brokers, SO 60; exchange,
rIN-E-sy Straits, slS 65@l3 rs; plate.
quiet
sPELTER-ouet: 81 25@4 35
COffEE-optiohs ope ed steady with pr.ces
unchanged 10 points higher; closed steady 10
~ points advance Sale: IA, 500 bags, Including
sep ember, $s 45@6 so; December Sc 1905 SO.
bling, 7s4c; milo active: Co;dovs, lO1S@l61h
sales: 900 bags Maracaibo at l23lsSll 21bc. ~
SUGAk- Raw firm; refined qairL
PETROLEUM-Pennsylv lvania crude no market.
nominally at S5c