The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-11-16
PROVISIONS LIQUlDATED.
It Forced the Market Off 71-2 to
IS Cents.
DAY OF DIZZINESS IN GRAIN PITS.
wheat and Oats Closed shade
Higher. but Corn Was Forced
Down nm Eighth.

Chicago, November 15--Duilness was the
most notable feature of all the grain and
provisions markets today and with the
exception OF provisions, prices did not
change much. Whest closed u higher.
Corn closed u lower. and oats a shade
higher. Provisions suffered from liqui-
dalton. and closed 7isal5 lower
Fer the first two hours OF trading In
wheat the marxet was unstable. with a
range from 20 SIS down to 50 81. Opening
strong at 90 3-Sa30 1-2. as against Satur-
days cicsirg price OF 20, May sold for an
instant at % SIS, the high price of the
day. then declined under the only really
heavy selling which took place during the
session. Heavy selling which took place
during tho session reduced May TO 50 "a
1t rose again to 50 LIZ. but by Ii o'clock
had declined to 50 81.
The chief reason for the strength at the
start was that Liverpool was quoted
higher, rotwlt hstandang the drop in price
at the end OF the week here. There We're
SINE other reasons. however that had
more or less TO do with 1t. The weltner
predictions made an lsipfavorap,e change
since Saturday II had been moist. mild and
generally about as helpful TO a weak
plant as could be wished at this late PEE
rtod of the year, but the thermometer in
the extreme Northwest marked 10 below
zero thss mourning. and considerable
drop from recently comparatively high
temperature IN the winter wheat country
was the prediction for the night.
The London Times estimated the dam
age by frost tn the Argentine crop al 10
per cent The receipts IN the Northwest
gave some Indications OF feeling the ef-
fects OF smaller deliveries from farmers.
MINNEAPOLIS, compared with the Monday
previous, had 353 cars less.
The days receipts AZ Minneapolis ana
4 fsstf. .aTr ts1g 49,.
Monday previous and 1859 the correspond
Ing day last year. Chicago receipts were
li3 cars. against 81 last year, but In adj
ditIOn TO rail receipts was a cargo of TO-
CoD huRhels by lake. The total receipts at
Western primary markets were l.i57 900
bushels. against 1,o23, 900 bushels a year
ago. Atlantic port receipts were 3226o0
buahels in wheat and flour.
The quantity of wheat on ocean passage
was Increased $4,000 bushels, ard the
shipments from all sources 10 Europe last
week were a.25f,000 against 9.2i70oo BUSH
els the previous week This latter item
hal a good deal to do in causing the sell.
Ing wh.ch resulted In the decline after
the opening.
The Visible supply statement was am adj
dittonal source Of weakness. 1t showed
an Increase of 2.a27o00 bushels. During
the latter part OF the session trade was
very duh. though prices showed more
steadiGess.
Liverpool closed s-sd higher. The Corn
Trade News predicted an immediate fall
ing off In Russian shipments as result
OF the ice.
Tho strength with which December was
maintained gave tho market much need
ed support at times. May was bringing so
Ia at the close.
Cern was dull. with very little doing be-
You'd changing May and December and
even in small quantities elevator people
were the m,st conspicuous sellers The
feeilng was easier. more from neglect than
from statsitca, influences,--' but price
changes were narrow. Receipts were 393
cars. The visible supply decreased isfi,-
go bushels. Cables were f-ad higher, May
ranging fnom 3ong9 3-4129 rs and closing
is lower at 20 7-8
The market for oats was very similar 10
corn IN the character of It's trading, very
little being ohrne beyond exchanging, sell
ing December and buying May at abosn
81 premium for tho latter. Prices aver
aged shade better, The cash demand
was net so urgent Receipts, AL cars
Visible supply decreased IlOi 900 bushels
May RANGED from 20 10 81 s-iI2i 7-s clos
me shade higher NJ 81 y-Sf22
PROVISIONS We're slow. with prices weak
lower prices at tho yards were respou.
s'nle fer nm opening decline In proylsions
arr moderate selling by packers kept
prices on the down grade. Shorts wera
thc principal buyers. At the c,ose lam
vary pork was 70 1-2di5 lower al Sem
Szz ". January lard closed l-20lo lower
~ ~ and JANUARY ribs i-2ql0 lower at
Estimated receipts tomorraw.- Wbea,
i,7o. corn ESQ; oats. 455 cars; hogs %. 900
The loading futures ranged as follows.