The herald., 1897-12-05
CHICAGO MARKETS
Yesterdays Transactions on the Board
Of Trade

" 4a0C
CHICAGO, Dec. 4--Wheat started weak
and at sMH decline for May. Liverpool
was I'D lower for December wheat, ed
lower for March and down 7sd down for
May compared with yesterdays closing
rates. The weather had turned from Sc
we're frost to decided thaw over the great
er part Of the winter wheat country today.
and Minneapolis and Duluth receipts were
again not far from double those at the
corresponding time of the year before. The
market did not for some time give much
Indication of doing better but in the course
Of an hour from the start 1t had acquired
small modicum of firmness. The open
ing prices for May were from 50 to 1914,
compared with S97s at the close Friday. On
the slight rally that followed it sold up to
S9K January during that time made some
peculiar changes, selling at from s9% when
May was SO, and al SO when May was bring
ing S9A, or at from q premium to u dis
count compared with the May price The
weakness at Liverpool was accounted for
by the editor of the Liverpool Corn Trade
News in cablesram, which said the de-
cline was owing to selling for March and
May orders from Chicago, and also to
| Thoman's report, issued yesterday. Min
neapolis and Duluth receipts were $40 cars,
against $40 week ago and 400 on the corre-
| spending day Of the year before. The
| primary receipts were as bearish as ever,
| the total of the day being 1900 bushels,
against only 532, 900 bushels on the like day
of the year before. The expected increase
in the visible of 100000 bushels. should il
be realized, will stand contrasted with
9, ,e02, 900 bushels decrease for the similar
period of 1896. The weeks exports from
both coasts were G,100, coo bushels, the larg
est business for one weeks shipments. The
days cleararces from Atlantic ports were
liberal, at the equivalent in wheat and flour
of Ill. 600 bushels. These liberal shipments.
combined with the firmress Of the Paris
and Antwerp markets, considering the pre-
vious days weakness here, added to the
recovery to a further slight extent. May
rose to s9s4 but reacted little under re-
alizing. closing at S912. CT as lower than it
did yesterday. December was neglected
| by the general crowd and was only heard
| from at wide intervals; it sold from 9ihl
at the opening to S51a and closed at 95,
which shows no change for the day.
| Corn at the opening sold u lower than the
close yesterday, influenced by the weakness
in wheat May ranged from 2S9s to 2S1s.
and closed X higher, at 2Sls.
Oats ruled firm. sympathy with corn
was a factor. May ranged from 221s to
219s. and closed A@as higher, at 22ls.
Provisions were very firm. The market
opened steady at about yesterdays prices
and gradually advanced, closing strong at
was 10 higher at S.27la; January lard high
err at 4.27la and January ribs ~ higher at
4. 4.2O04.22h.
The leading futures closed as follows:
Wheat No. 2
December Observation-Disclosures. ....9o
January ..................... .....oSf4
May ......................... ...s......o3i2
Corn No. 2
december .........LJ
l
| Oats No. 2
DeCeTNDer ..................... .SJ4
May 0-~7S
| Cash quotations We're as follows:
| Flour. quiet: winter patents, 470G4.90
straights. 4.20G440; spring specials, 5.35
spring patents. 4.40I4.90: straights, 4.300
45o; bakers, 3.50d3.SO; No. 2 spring wheat.
S9490; No. 8 spring wheat. S2laG92; No 2
red, 95G95,a: No. 2 corn. 25'a: No. 2 oats.
Ply; No. white f. o. b., 23d235s: No. 2rye.
46A; No. barley, f. o. b.. 26937: No.
faxseed, 1.09M1121a; prime timothy seed.
2.621hG2.65; mess pork. per bbl.. 7.30d1.S;
lard. per 100 lbs. 4.25d4.271s short ribs,
sides, loose. 41514.50; dry sated shoulders.
boxed 4AM5: short clear sides. boxed, 4.40
@45O: whisky, distillers' finished goods. per
gallon. 1.19;- sugars. cut loaf, 5.S5; granu-