The herald., 1897-09-17
CHICAGO MARKETS
Yesterdays Transactions on the Board
of Trade

CHICAGO, Sept. 16.---In wheat the Liv-
erpool opening quotations did not produce
their usual effect at the start here. Not
withstanding an opening advance of about
Nd in that market and a small gain at
Paris, opening quotations for December
wheat here were at considerable decline.
They ranged from 935s TO 1874, compared
with yesterdays closing price of 941adi9i5s.
1t was for sale in large quantities at those
figures and continued to be urged upon
buyers until few minutes from the start
the price was forced down to 93A. That
proved the rallying point for a / cent up
ward movement. The crops in India and
Argentine were well spoken of in todays
advices and reports from those countries
were influential in the early weakness.
An exportable surplus of from fifty to
sixty-five million bushels was estimated
from Argentina, Notwithstanding reports
of damage by locusts. while general rains
in India had improved the prospects for
bountiful crop. Chicago received 351 cars
of wheat, thirty-three of which were of the
grade of No. spring, and there was none
other of the contract quality. The total
primary western market receipts were
1,432.559 bushels against $685. 49O bushels the
corresponding day of the year before. That
comparison with the smaller receipts last
year was one of the chief bear arguments
The Atlantic port clearances amounted in
wheat and flour to $4,000 bushels. New
York reported a good inquiry for export
and the shipment of thirty boat loads.
This encouraged the bulls and an advance
to 94A followed the decline to 1914. The
fact that premiums We're being paid for
cash wheat at Minneapolis and Duluth at
tracted attention and helped to minimize
the effect of the liberal receipts at those
points. Closing cables reported Liverpool
%id higher for September and I'D lower
for October. Traders watched the opera
tions of the bull clique brokers narrowly
and followed them so closely that the mar
ket f1uctuated rapidly on a comparatively
small trade. After the advance to 94A De-
cember declined to 93ss and rose again to
a. What little support the market had
disappeared and by closing time Decem-
ber had declined to 931sM93A
Corn was weak all day. affected by the
weather reports, rain being reported in
most of the corn states.
Oats were very SLOW little interest being
shown, and fluctuations were confined to
a Ii range.
Provisions ranged firm after a weak
opening.
The leading futures ranged as follows:
September OBSERVATION-DISCLOSURES.
december new..... ..931s
May ........................... ,g2A
Barley No. 2
september .......................29R .29R
Decemoer OBSERVATION-DISCLOSURES. 12G31es
May .........................
Oats No. p
oeptember OBSERVATION-DISCLOSURES. ...191s@191s
DecemDer ....................21s IL
May ..........................23 1874
Cash quotations were as follows:
Flour. steady: No 2 spring wheat. 931k6
94A No. spring wheat. 9O694; No. 2
red. 94d94A; No 2 corn, 291a029ss: No 2
oats. 19a; No. 2 white, fob, 221a0i2314: No.
white, fob, 211aG221a; No. rye 49A !;
No. barley, nominal; No. 8, fob, 340l44;
No. 4, fob, 30@4O: No. flaxseed. 1O6s4 %
109}a; prime timothy seed 260I2. co., mess
pork, per barrel, S.200S25; lard, per 100 Tbs.
4.5O; short ribs sides, loose. 5.lOdi5. 40; dry
salted shoulders, boxed, 5lsG5as: short clear
sides. boxed. 51ad59s; whisky. distilers' fin
ished goods per gallon. 122.
Receipts. Shipments.
flour, barrels. ........... 10000 10000
Wheat, bushels. ........ 1854 900 10i 900
Corn, bushels. ...........541 900 1O7 900
oats, bushels. ...........3 .350,0 coo 5S5 900
Rye. bushels. ............. II, 900 600
Barley. bushels......... Al, 900 5000
On the produce exchange today the but
ter market was firm; creameries. 12M1S;
daries, 9@15. Cheese-Easy, sac. Eggs
Firm. fresh. 13.
NEW YORK, Sept. 16-The Earl Fruit
company sales: Grapes-Tokay, S5d1. 30;
double crates, 2.25@26O: Muscat, 7OmSo;
Carnichon. los Peaches-Salway, 406SO;
Georges cling. 65@7O; strawberry cling, 6Od1
65. Peas-Bartlett, 2.3507340