The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-10-26
GRAIN MARKETS FALL. OFF.
Wheat, Corn and Oats All Show De-
cline 10 Chicago Trading.
WORLD'SSHIPMENTS EXCEED DEMAND
Provisions Were Heavy and Trade
Was Quiet, but the Declines
Were Small.

Chicago, October PA decline of 1M
In the December option marked today
session in wheat. The market staggered
at the start by Liverpool weakness alb
every finn spot was taken advantage O
by holders to unload The decline la corr
was factor late in the day. Corn wa.
very weak on the high visible increase ant
closed 1c lower. Oats declined NC and PRO
ing.
Wheat opened about 1c lower tnAn \
closed Saturday. several causes contrib
uting to bring about the radical change
Liverpool was lower and Northwestern
receipts were heavy. The worlds ship
ments for the week were again heavy and
considerably in excess of their estimated
requirements. The total quantity from all
ports, exclusive Of India, was 9,26O,OOu
bushels, against 9,5O000 last week and
9.H1 700 the corresponding week OF the
year before. Minneapolis and Duluth re-
ceipts were 1888 cars, 1411 Of which were
at Minneapolis. Chicago received. 2So
cars.
Apart from the heaviness OF the days
receipts. however. the news from the
Northwest was very bullsh and good
judges made estimates as to the crop Of
the three principal wheat producing
st les t. placing the total at lloeO0.ooo to
l2O,00C. 600 bushels. London advices were
to the effect that France was still bidding
for native English wheat, but that there
was no more available. and Russian
wheat In London was said to have adj
vanced to 3q6d per quarter.
The market fluctuated for an hour and
a half on the varying aspects of the Wis
ible supply. according as the figures IA
wv ad 10 ,oIla
had been estimated Saturday. The final
Outcome Of 1t was am increase rather
smaller than had been looked for, the
amount being $4,000 bushels, compared
with an increase for the similar week OF
last year of 2,477. 900 bushels. December
touched IS, the highest point of the SEES
sion, The quantity on ocean passage in
Atlantic ports for the day. as far as heard
FROM were $4,000 bushels. Liverpool
clsed ss41d lower.
against Saturdays closing price Of 95
asked for December. Near the end of the
session 1t became very heavy, the ex-
IRENE weakness of corn having some ef-
rect. Longs took profits freely on large
quantities and there was no inquiries for
wheat for shipment reported from else
where. The pit was filed with sellers and
the price dropped to 9Sh993ss and was 93,h
at the close.
There was no foundation for the bulge
IN corn. The market opened weak with
wheat at Aq4sc decline. 1t remained near
the opening figures until the visible fig
u ,nr; we, We're posted. which showed an as
makes the visible 100000 bushels, or
more than double that of last year. Of
ier,rgs. were heavy after that, with very
little demand. Receipts were sl3 cars.
oaples We're h4q$d lower. December
at 251s. ~
Oats were lower all day in sympathy
WWh corn. There was a fair demand for
! December. but May was freely offered,
INC consequence being a widening of the
spread between the two options. REGENTS
~ cars DECEMBER ranged from 49, to
IL and closed &C lower at lSdlsA
d, provisions We're heavy to begin with on
ehe heavy receipts of hogs, and were kent
IN mat condition by the radical weakness
o, OF corn. Trade was quiet and declines
were small. December pork closed &c
lover at SLY. December lard 2ISGi5c low.
er az :S2ls and December ribs 2jsa5c low
Ell at 4.o2ia. zSoN ~"
Estirnated receipts tomorrow,-Wheat 400
MT corn 80 cars, oats 365 cars, hogs 90
me leading futures ranged as follows.