The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-10-20
MAY UP, DECEMBER DOWN.
Bull Clique 10 Wheat Working the
Market to Finish.
LIVERPOOL MARKET DIsCOuRAGlNG.
spot Was sent Down, brt Options
Not So Wcak-CoFn Was Heavy
and Closed Lower.

Chicago. October 1.-THE most notable
change In the wheat market today was an
advance Of NC per bushel in May. while
December declined sc. That represents
| the stylc of the days operations OF the
bull CLIQUE. They appeared to be sellers
OF December every time II got up INC and
buyers of May on all weak spots. AT the
close May was ls4c below December In
stead Of &c as II was Saturday. Corn was
heavy under continued liquidation by
small holders and closed isdSsc lower.
Oats dechned &c. Provisions were weak
under renewed yellow fever reports and
declined 5li5c.
Liverpool sent very discouraging quota
uor5 at the opening OF the wheat market.
more especially for spot wheat. California
was I'd lower and No. l Northern spring
I'd lower. Futures were less radically
weak, showing only Aai4d decline. a pri-
vatc cablegr1n said tho market at Liver
pool was depressed by the excessive sup
ply and lack of demand. This wcakness
abroad was sufficient to cause an easy
feeling at the opening December starting
at scS,ae07s. as compared with ycstcr-
days price OF 9id9lM. An impression pre-
vailed that the death of George NJ. Pull
ruan would cause the selling out OF some
wheat which II was rilinored he was long
OF at the time OF his dentr. This helped
tie cren'ng weakness and the subs, quent
slight decline. Trading an mornus was
scattered and nconsequenti and this
fact made it easy for news of an ordinary
character to influence prices one way or
the cther.
Minneapolis ana Duluth receipts showed
some tendency toward reduction. the nunl-
Der oil cars reported there today befhg
llH, against 1875 last week and 1851 Oh the
corresponding day of last year. Chicago
receipts were @s cars. against 27 last
year, Atlantic ports receipts were equal
IN wheat aud flour to b35, 900 bushels
renewal of drouth damage complaints
IRON Argentine helped 10 start a little
rally about an hour from the opentng and
ptremlcr. which had been selling AT 9Ds,
advanced 10 alA; then prices slowly sag
gcd on again. The bun Clique In that
month; which has been steadily dIsposing
o! ~ holdings lately. was a seller of De-
cHiupeg agadn today every tame that month
shC wed signs Of life. and a buyer of May
me consequence was "A material lessoning
y, 1hn spread between these two options
one bulllsh factor which was apparently
overlooked was the small increase In CON
traf' stocks for the week only 1899 BUSH
tls ue'ng added to the $500 on hand Al.
on To- e0is, This was followed ~, another
adv aEce Ia 9l9s. but liberal selling pound
81 prices DOWN again to soTs December
closed at 0Jsm9i.
MMny time snce the present decline nsgan
a. here was little covering 10y SHORTS early
~ the session. hut the majority ~ tho
nitoi and there are plenty az them
no'd dloof. Ousld" of thn: she market
VIZ almost without support Elevator
srillnE was prominent early and vas r,
,,iior4eD by commission house offerings
iater. Weak cables, liberal receInts-Ss5
81 = ,s-und poor shipping demand al, con-
.fpHt,d 10 the weakness December
lower at 25ss. ~" NJ
oats were weak with corn. selling otf
isc ana closing AZ the bottom. A lacn OF
-Nc,uiatlve trade helped TO create the
MAX feeling which ruled throughogIt
Eastern houses were god lniyers enriy
,'ut after their Demands were SATISFIED
.ssiets mao some difficulty in disposina of
lhSir oncrines. Shipping dtnaua showed
= lnhhg on. ReNa.pts were i16 cars De
&C inber ranged from 49, TO 49, and closed
!. the latter priNe.
yellow fever again resumed a..
'Ftr the provision market AMI caused Il, |
p resume the weakness IL anna, ~ ~ ~
- h'IS from yesterday Rcports ~ ~
- IfsaFance Of the disease IN Mobiie
e Hus'I a weak opening. Prices were man
.,.+vN temporarily. owing TO the mi, mr. ~,
"A ~ ~, Dluors, but liberal selling soon st1ry
Nc - VIC ihn bought yesterday TO dis
,eValnt followed. Toward the closs ,1,p
y iiii ~ improved somewhat with stish,
- ~ prices December pork nlosa,i III |
~. he' lower at 1.I5. December lard e
!, ~ ~ 4'S-is and December ribs loo in,,
+, Es@matci receipts tosnorrow-wbea, y,
a. hss Urn 90 cars, oats go cars. hogs 81.
me leading futures ranged as follows.
fAiNtEs- |