The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-05-13
CHICAGO MARKETS.


CHICAGO. May 1s-For a few moments
after trading starred in the wheat pit. the
market showed signs OF weakness. not
almost perfect weather. but from a belief
that some substantial reaction from the
advance OF tie past few days WAS about
due. This feeling. although not taxing on
the proportions OF general movement.
was sufficient 10 cause jury 10 open
shade lower, at s5SssEsS19c. ana 70 fcrSe ~
down soon after 10 she Only for u snor,
time. however, was the weakness &ppar-
eut.
IL was the same old story of crop disas-
ter. not only at home. but abroad, ana tne
buying Was started OF these reports, whieh
increased in volume as the session pro-
crossed, carrying the price up 10 3f%c De-
fore II O'clock. Damage reports from Cal
uornsa were of the usual gloomy charac-
ter, but those from Illinois were still dark
er. The area sown last fall was l,sss.Uv
acres. and all Of that left standing accord
ing 10 the state report is A0uu0 acres. The
condition of that small remainder Is 81. in
dicating roughly Il crop OF about s.ep.uNo
bushels. compared with yield last year
OF =. 7t0, e0a bushels from an acreage of
$4,000. Ii was said that the French crop
would show - per cent. shortage from
last year. which, II true, would compel
that country TO import at least oo,vee,evo
bushels.
Chicago receipts were Is cars: Mime
apolis and Duluth received 2S7 car loads,
compared with 81 4 year ago, anu ~ on
the corresponding day Of the year before.
Clearances of wheat and -four from Attain
tic ports were equal TO Isl 600 bushels New
York reported good demand for wheat
on foreign account
BY the time the price had reached 74sac
shorts had about disappeared. and reports
of showers IN California easily broke the
market 10 I3tac- These reports were after
ward contradieted and a recovery 10 s5ssc
ensued. That was the price asked at the
Gloss.
Corn was firm during a greater part of
the session. ana only eased off when wheat
weakened. Country houses aid most of
the selling. The cash trade was good and
did much 10 steady the market.
Oats were strong early on covering, and
with wheat. The market yielded later on
realizing. the selling becoming heavy,
after the decline started.
Provisions were easier at tho opening on
liberal holding, receipts here and further
west Trading was very dull but enough
support was given the market TO cause
cept in lard.
Closing Quotations.
wheat-May, 74ssc; July, 7ssc.
Corn-May. 24izc; July, 2oisgoAc.
Oats--May, isc; July, isSsc.
Lard-May, 1872: July. ss.a7.
Ribs-May, IS; July. s4s5ai.s7.
Basley-25635c.
Rye-2n35a.c.
Fiax-Ac.
Tinothy-s2.so.
Live stock.
cattIe-Sales were on q basis Of S3sC9
4. q for the commoner lots of steers adapt
ed 10 the dressed beef trade, while choice
to extra cattle were saiabie at 5000. but
the bulk of the steers crossed the scales
at a. 4gaf5. Heavy exports. $500: stock
ers and feeders sold as high as sAs5; cows
and heifers, $I.sJu4Jo, bulls, S2.5o44,
calves. S45lels20.
Hogs-Stocks were wanted at an ex-
treme range of s.. 500 $50, sales being large
~ at So S5fIs.s0: pigs. 81. 5au3.s5.
Sheep-Stocks were wanted at s2a250 for
inferior. up 10 A 5oM4. % for choice TO prime
fiocks. Lambs sold at $3.2e4I5.3o. Spring
lambs brought S9Q7.
Receipts Cattle, 5000, hogs, Is, 600;
sheep, u.0oo.