The herald., 1897-08-29
CHICAGO MARKETS
Yesterdays Transactions on the Board
of Trade

| CHICAGO Aug 2S That the strain in
| the wheat market was slackened very
much was apparent as soon as the trading
commenced. Liverpool was firmer and
| from 2MlHd. higher than it closed the day
before. and on that account a steadier feel
| ing feeling prevailed here at the commence
| ment of the session. Opening prices were
! at some improvement, but there was no
| such radical difference from yesterdays s
| closing as has recently happened over
night. December was the only delivery
| heard of for minute or so, and it brought
| 90A 6901a, as compared with 80 cents at the
end of the previous days session. 1t
gained another &c. over the higher of the
opening extremes and followed that by a
gradual decline to 1@c. below the lower,
SS1a ruling about 1915 o'clock. The week $
exports from both coasts as reported by
Bradstreet's amounted to 5,i19, 553 bushels,
against 1883. 900 bushels the sponding
week of 1896 That showed sufficiently
healthy export movement to have been a
probable element of the firmness of the
opening. Argentina did not ship any wheat
to Europe this week The receipts at Chi
cago were 100 cars, only 2S Of them of the
contract quality. Minneapolis reported S43
cars received. and Duluth 53 a total of
3S5 against 607 the similar day of the
previous year. The exports of wheat and
flour from Atlantic ports for twenty -four
hours were equal to about 500, 900 bushels
Beerbohm's cabled some more startling
figures about European shortages, giving
the wheat crop of Roumania about 16. 000,-
900 bushels smaller than the year before,
and of Bulgaria about Is, 600 600 bushels less.
The same authority estimated the world $
shipments of wheat and flour for the week
to Europe at 100000 bushels. The visible
supply Monday is not expected to show
much change. Closing cables showed a de-
cline at Paris equal to 3ssc per bushel for
August and 2asc per bushel for Novem-
ber- February delivery, and a decline of
1Ac. per bushel at Antwerp. Heavy buy
ing. which the crowd varously ascribed
as being for the account of Armour & Co.
or the George r. French interests caused
an advance in December from around S1s
dS9A about half an hour from the end of
the session. 1t finally rose to 80. at which
price it closed. September ranged be-
tween 91M941A, and closed at 92l5 a de-
cline of 1ac. Corn was the center of the
greatest activity of all the markets, which
is not saying much, the volume of business
being considerably smaller of late. The
weather was warmer and dry throughout
the corn belt, and more drought damage
reports were received The opening was
firm on this, but prospects of a heavy visi-
BILE Monday and continued heavy receipts
proved too much for the bulls. Receipts
were LII 900 cars Clearances were light,
16S 600 bushels. Elevator people reported
a great falling off in western acceptances
December opened %@as higher at S2AaS2ih
declined to 313a and closed at 315s A light
business was done in oats. with prices
throughout following wheat and corn
Trading for the most part consisted Of eX-
changing. Provisions were weak and the
business only moderate. Shorts gave the
market about all the support itreceived.
The leading futures closed as follows; r