The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-12-02
MAY OPTION WAS LOWER.
Lack Of Export Demand Mas the
Weakening Feature.
DECEMBER RECOVERED ITS LOSSES.
BE- Louis BuyinE July Options.
weather over wheat Fields Cold
and the Fields Bare.

Chicago, December 1.--Wheat was firm
today. but very duh until about twenty
| minutes from the close of the session
wiron It started or decline that left II
| 5-sdt% lower for May than II closed yes
terday Lack OF export demand was APP
parently the weakening feature.
Corn. oats and provisions were all dull
ard price changes at the close were In
significant.
Tho misunderstanding of an order to
buy December wheat came near democrat
ziny The market ut the opening. A COM
| mission FIRMS order 10 their broker to buy
| %. 900 bushels December wheat was mis-
| construed and the wheat was instead Of-
/, fcred for sale, resulting In some other
small lots coming Oh pne markel aIid IN
almost immediate decl.ic TO 81, as against
DJA at the c.osc yesterday. me inistaku
was son discovered ana the Duying OF
not more imam 5000 btisne.s put the price
up again to a6a Ia quicker tlme Than II,
took TO so down. May started unchanged
at o1s, out the effect or tn. disorglniza-
ton III December CAUSED u temporary de.
preston IN May 10 JOY. IL quGSstIy recov-
forenoon IL reached 9ly. the cold weather
prevailed throughout Unc winter wheat re-
x on and The needs were stu uncovered
fhA ST. Louis crsp experts evidently
Thought THAT tho plant was being sab.
Jectcu 10 more than II could live through
as several orders came rom there To buy
july wheat. That future in consequence
was relatively stronger than May
minneapolis and duluth receipts once
m1re this week showed some failing off.
reporting no cars. against 1872 last week
ana 1916 tho Ike day OF 1896. Chicago re-
Ceiveq llJ cars, against on.y "a last year,
nut shipments hence were 235.u0J bushels.
The Western primary market receipts
were l,9"go pusae1s. compared VITA only
ol.ooo bsshels last year. Zero weather
prevailed IN and 1romnd Duluth, so mat
II was considered very Questionable II
any further shipments would be made by
axe from there this season.
Liverpool opened unchanged, but May,
winch was y higher yesterday. closed
stronger. at IRON 5-S to Id higher. Not
withsIan1ing the rather encouraging SIT
uation, the trade was so light aud the
active ,ocal traders So reluctant to re-
tire with any unfinished business on their
hands ttUt IN their efforts TO dispose OF
long wheat they had accumulated during
me torenoon's rase the market shipped
from under them and the price CT day
went down iFlim 81 5-S 10 D0A about M
tet1 mIfutes from the CLOSE May closed
D9snEi~. December behaved better after
at 964.
t~i' was very little affected by either
me early strength OF closing weakness OF
wheht' Gables were firm ana exports were
gO~u, amounting to $1,000 bushels Re-
ce.iPts, $40 cars. Trade was unimportant
Up TO = short time of the close OF thu
market for oats the market was arm,
active and higher, December showing
strength. The late break in May wheat
STARTED iqttdatlon and all the cary id
vance was .ost. Receipts. 255 cars.
49,, h1 market Tor Provisions was at times
snio'hered under the enormous receipts
OF Mogs today. There was n moderate
fhippbaS demand. Al the close January
PORK WAS lower, lard a shade lower ana
RIBS unchanged
estimated receipts Thursiay Wheat.
lIo cars, corn, ia5 cars: oats. 800 cars;
M Gs. 1000 head
Ihc leading futures ranged as follows.