The herald., 1897-09-22

and 35S the corresponding day of the pre-
vious year. OF today's receipts at Chi
cago only five carloads were deliverable
upon contracts for December that have
been entered into since the exclusion of
No. 2 spring from the regular speculative
grade. That was about the only feature
of the situation to restrain short selling
that would otherwise in the temper of the
crowd, have been very heavy. Liverpool
opened I'd lower and by $3.50 o'clock it had
got down to 1ss below the price it closed at
yesterday. Paris was 10 centimes lower at
the start, and the news from London was
generally very discouraging to the prospect
of an immediate advance in prices. A cable
gram from there said that the French
grain dealers were re-selling American
wheat in the English market and re-
placing it with Indian wheat for spring
shipment. Another cablegram said that
wheat for spring shipment from India was
offered at As per quarter, or 12c per bushel,
below figures now current. The London
Mark Lane Express says that although
the crop of Russia is very deficient there
will still be 100000 (64,000.0O0 bushels) for
shipment from that country.
After the opening decline the tendency
for awhile was toward a mild recovery.
The opening was below put prices. and
a good many buyers came in who had those
privileges for protection, which caused a
rally to 9laiM91%, when a new batch of
yellow fever rumors, coupled with the re-
ports from London of the re-selling of
American wheat to buy futures of Indian
wheat, started the market on a regular
toboggan, December selling down to 90N
before a halt was called. During the de-
cline some stop-loss orders were received
and the market exhibited the only real
activity of the session. A rally then en-
sued on covering by scalpers, December
advancing to 91asM911a, at which price 1t
was quoted at the close.
Corn was weak around the opening in
sympathy with wheat, but soon recovered
in response to the bullish influences i'm
mediately affecting corn.
Oats were firm, especially for September,
but trade was dull There was good ex-
port demand, 100000 bushels being reported
sold.
Provisions were weak and dull, what lit
tie demand developed coming from shorts.
The leading futures ranged as follows:
Wheat No. 2
september ...s......s...ss.s s....s...Sl
December .................. ....... .9lasM9l12
May .............". ..".....".....9OR
Corn No. p
september ......"......" ...........@
december .................. .oU7f
May ................... ..33sG34
Oats No. p
september ................ .........l9A
Decemper ........... ................zO's
May ......... ..23%
Cash quotations were as follows: Flour
barely steady: No. spring wheat, 911a@
90; No. spring wheat, S0G92; No 2 red
92a921a; No. 2 corn. 29@29A; No. oats
19A@191a; No. 2 white 221a@231s. f. o. b..
No. 3 white, 211s@221s, f. o. b.; No. rye
A.; No. 2 barley, nominal; No. 8, SOq45
f. o. b.: No. a, 2S1a0S7; No. flax Seed
1.04A@1 06%; prime timothy seed, 2.6OQ2.65;
mess pork, per bbl, SSOdS.35 lard, per
100 lbs, 4.6OM5OO: short ribs sides Qoose)
5.1O@5.45; dry salted shoulders (boxed)
5iam5%; short clear sides (boxed), 5ssM5A ;
whisky, distilers' finished goods, 1.22.
Receipts. Shipments
Flour. barrels ,....... $1,000 5000
Wheat. bushels ........... 600 5000
Corn bushels .............531,O0 GOO 6O7,OO0
Oats, bushels ,........... .443,O0O $685. 900
Rye. bushels .............. $1,000 -
Barley, bushels. ....... .156, 900 5000
On the Produce Exchange today the but
ter market was firm; creameres, 14dD19la
dairies 10017. Cheese, easy at SM9 Eggs