The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-02-16
CHICAGO Markets.
The Board of Trade

,,tdICAGO, Feo. B.-Tns final price Of
Aay wheat on Saturday WAS T8%EI7Szxe
a hs opelAns price To-Day ranged from &c
% sa1sc- or over cent advance on the
s9Fo the bulge had been much sharper
te-zc having been quoted. The market had
the best kind OF encouragement from IAv-
day marked The biggest break or the
month II prices here, Liverpool had ad-
,saAeSd I'd before the opening OF the Tesa-
lar board, due, Of course, To the G5st1ree,i
foreign political sittTa ton. The drop ia
British eonsols OF per cent. showed how
serious the state OF affairs was regarded
Tor fluctuations as q rule are IN fractions
o. l-la. some o. the strength al the open
AnS was also based on the small world
shipments OF last week. The price imue-
ciately advanced TO 7s&sc. but the feeling
was not al one way. Shorts We're scared
into covering, but at the same sine hold
eFs welcomed the temporary strength to
market their lines.
The price got down TO IlS.e after an
hour and a half OF severe pounding but
the FOUNDERS had TO use 4 very large
quantity OF short wheat 70 produce the
latter result. The effect OF that was quick
- ielk VIXEN the short sellers had put ous
as much as they dared, and then they
lrle1 10 bGy Il back. y gradual rise 10
s4-sc took place and very rapid advance
OF more than another cent. 50 about is
O'Clock the previous sellers were the most
anxious buyers At around 55sac before
they got enough 10 satisfy them for the
time being. The price got 20 75lsc Tor an
instant, a tribe over &C advance from the
close Saturday.
The worlds shipments amounted 90
s.Sss,oao bushels, a decrease OF 1.2z1.0 90
bushels. AS the reduction a year ago
amounted 70 but loo.eoo, il had very sen-
saaonal inauence on prices. Northwest
receipts were light, 255 cars, compared
with 63l last week, and 465 on the CORE
spending day OF the year before, and Min
nsa polls reported mills bidding for wheat
a. &c over the May price. A good cash
business was also reported. After the ad-
vance TO T55sc active realizing and shorts
selling caused q reaction 10 753.c. which
WAS quickly succeeded by another ad
vance 70 7S9sc. The closing was firm at
75i4QI5ssc.
Corn was comparatively quiet, but arm.
Local receipts were heavy. ssl cars, but
this WIS Offset by the strength Of wheat
and the clearanccs Of SIS. 0po bushels.
The market for oats was trm and ac-
tive. Buying orders were plentiful at the
start and prices advanced. They broke
when wheat made Its &c decline. but raj
lied again qu3cly.
Provisions we're much frner, pork lead
ing IN the advance. Prices were heiped
by thu strength OF wheat and also BY a
firm hog market.
Closing Quotations.
wheat-February 7ss4c; May, 81. Gf75asc.
Corn-February. 2&9@l3se: May, Isssg
24c.
oats-E.ebruary. i3lse; May. I7lse.
Pork-February, S7ss; May. ss,oS.
I4ard--Fe bruary, S.. 80, May, 81
Ribs--F'ebruary. Silo, May. SA1s3.
Eariey-2Ss3 &c.
Fiaxseea-54c.
Timothy-S2e2
Live stock.
Cattle-Sales were on a basis OF sS.6eq4
for the c0mmoner drOves OF dressed beef
steers up 10 $40 for choice % extra
beaves. Sales were largely u Aleq t.9e' ex-
porters buying freely at s450 and upward.
Hozs-Common 70 prime droyes sold at
ST. 30 .s2is, the bulk Of the hogs crossing
the scales at s5-454fs.S9.
Sheep--Common 70 prime sheep were
saiabie at s.. 75Gi42 .. Westerns comprising
the larger part OF the offerings and sell
ing at S. @154: yearings sold at siUL49,
and lambs at E.1v4g5.
Receipts-Cattie, 1890. hogs. $500: