The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-11-05
CHIC ALTO MARKETS.


CHICAGO. Sov. A-wheat openeE SRA
a : SHADE above ySst@E4s8s s. : ssaEs ~ Frate.
Liverpool Sas stronger than AIS expected
showing o2i I'D decline. salIe Paris VAS
Up - eeEsmes Il tee face OF yeS,er3ay
lAsc break here. Lfgnt terzl receipts were
Sustaining tnsi2snes. SaoFtky after Ire
opening AZ walcn time December MS
quoted az szse. The market vas straack
with one OF those extraordinary things
taat every Once in a while knock inc
sn1ithsresns calculations 5ASed or ire san-
ity q operators The panic was apparently
the result OF az unSkAltGs arrangement Tor
the sling cut OF line OF -ls5.ss bushels
q December N7ea5, upon waic1 tie holder
lAl placed with as brokers' stop-l9ss
limit when he bought Il tao days Previous
To insure tie prompt execution Of The or
der 70 = stop loss a. q certain price, the
brokers. IN anticipation Of It's reaching 4
today. divided me amount among Ten or
more agents. and Of course when the mar
kef got within l-l6c OF the lmit, what
appeared 90 DC a general selling panic
ay sae crowd. Il became impossible 10 &c.
rid OF any until the market had dropped
cents from the opening price May also
suffered. out not nearly 80 much. that op-
ton declining TO sssc, about &c under the
opening price
Buying orders were quickly distributed
among number Of active brokers by
George Il. French, supposed 10 be the
leader OF the bull clique through whose
efforts the break In the market was niendei
in an even shorter time than IL had taken
20 smash H. December had run down 20
Sc, bat advanced to sc without stop
Receipts az Chicago were lie cars BY ran
and a cargo of s4.ts. bushels from Duluth
by lake Minneapolis and Duluth re-
ceived LOS cars. against 1850 cars a week
ago and s5a cars last year. Tire Atlantic
port cIeara1ees were again very heavy
7se, 90 bushels. New York advices were
very bullhsa as regards the number Of
boatloads said to have been worked for
export on the early decline, claims being
made of as many as - loads. or 76o, 90
bushels. The Cincinnati Price Current was
decidedly bearfsh in its weekly report, say
ing that the rains east OF the Mississippi
had frightened the wheat crop situation
predicted for tomorrow. The market was
very unsettled after its break but II made
no more such wild skips. The tendency
was 10 sink, and even the taking Of q
total Of 80 boats az New York failed 10
hold IL Up. December wobbisd between
SAC and si@sc. but closed 81 gic. as against
ss4c yesterday May closed at slSsc, only
hc above It's loves: point on the big break.
Corn was dull. but considering the err
ratio character OF the wheat market. was
very steady. a slight advance was noted
at the opening owing 10 the small re-
csipts.
Oats were firm. especially during the
early part OF the session; the break in
wheat and corn was not responded to,
even though business was Inactive.
Provisions We're dun but firm. with the
exception OF a short time after the open.
ing. when the vibrations of wheat caused
a somewhat unsettled feeling.
Closing Quotations.
Wheat-November 94c: December &c
rn-November. 25i@c: December 26Isc
oats = November, I9qlslsc; December,
1sizGIleAsc.
Pork-November, s7.65: December s7G7.
1.ard-November. 81 p: December S4zJ.
Ribs-November and December A4s.
Cash wheat-No. red, silzas5c: No.
do, s0as3c; No ? spring, size. No. 3, 50
Gs5c: No. ? hard winter. size; No. do,
S2nssc: No. / spring, s4i1c.
Corn-No. 2, @ea &c; No. 3 25lzu25S4c.
Oats-No 2. 1sizc; No. ), lSQ l9c.
Barley-26Niie.
Rye-41t4c.
Flax-sl.eS
Timothy-S2.ss.
Live stock.
Cattle-Sales were on a basis OF AI4.50
for common beef steers. 81 Coz " for
choice shipping beeves and si.59sJ5.30 for
choice TO extra cattle with sales largely
at 81. seG5; Westerns s4a5; stockers and
feeders s3.4ol425: bulls, 81 1898.
Hogs-Coarse packers went at S3.35GiS ~.
and a few fancy bacon hogs at $5.I2i41
2.75: the great bulk at So 50li3.I5. most OF
the hogs selling for s.. 25li3.65.
Sheep were sold at S2A2.55 for the poor
est TO s4.50A4.60 for the best natiyes
Western range. S34L6S: feeders paying
So i0ui; lambs brought s3.T5G5.s5 for poor
10 prime. with feeding lambs salable at
81. 75li4.90: a few fancy al S..
Receipts - Cattle, ll.Ooo; hogs. &.ooo: