The herald., 1897-11-20

els below last years Russia proper. The
effect was somewhat spoiled by another
report which gave the shortage at 10,00O,-
900 bushels for the whole empire. The
heaviness of the northwestern receipts
showed a tendency to keep the market
back. The latter, in fact was the only
strong bearish feature of the days trad
ing. Opening prices for May ranged from
90la to 90N, with a sale or two at 90ssM901z.
Under the influence of the strong cables
the price soon got up TO 81, but it sagged
again. and all morning ranged around 9O%
Receipts today at the two big northwestern
receiving centers numbered 1926 cars,
against S21 week ago and 919 the corres-
ponding day of the year before II was
expected that Minneapolis and Duluth
stocks of wheat would show an increase
for the week of about 1000 900 bushels but
dispa tcnes from there estimate the in
crease at only half of that. At Duluth an
Increase of G0o000 was expected, and Min
neaDolis stocks an increase from $50 900
10 100000 bushels. Chicago receipts were
61 cars. against 112 last year. Another
bearish item of news was that cargo Of
American wheat had been reshipped at
5uenos Ayres because Argentine expect
ed to have plenty of her own. Primary
western receipts were large again, l, ,154, 0c0
bushels, compared with 674009 a year ago.
Liverpool closed higher by 1AM1ssd. than
it clased the day before. The reason given
fer such an Unexpectedly heavy advance
was that 100000 bushels of wheat destined
for ports of call off coast in the United
Kingdom had been ordered to France.
Even with this as an incentive the price
OF May went up very unwllingly. 1t final
ly advanced to 91%, but when the Modern
Miller report was received declaring the
wheat area up to the average and prom
islng an increase, the price went off again
in hurry. May was selling at 9024@90%
at the close.
Corn was dull the exertion of the pre-
vious two days having apparently taken
all the life out of the traders. Business
was chiefly changing December to May
at 32sM3la cents spread.
The crowd in oats was large all day, and
nervous feeling existed throughout the
session. At the opening and for a time
after there was heavy buying by people
who were so prominent on the buying
side yesterday. Later they turned and sold
heavily of December. and the spread wi
dened to 1 cent. p. .....e
Provisions were again very dull. The
market was barely steady, with the range
OF prices less than cents in everything.
The leading futures closed as follows:
Wheat No. p - ''''f.' = s.'s
November, new NEUTRALITY-SUSPICIOUS.. 95
December new Observation-Disclosures. 353s
May OBSERVATION-DISCLOSURES. JU4W90B
Corn No. 2
november Zb9S
december OBSERVATION-DISCLOSURES. 26as
May OBSERVATION-DISCLOSURES. 293f M29B
Oats No. 2
december .......................... z-ss
May .......................... 2233
Cash quotations We're as follows:
Flour, steady: No. 2 spring wheat, $500
Saas; No. spring wheat, SSTi921a; No. 2 red,
953s@97ss; No corn 26as@27; No. 2 oats, %
M22h; No. white, fob. 241aI25A; No.
white, f. o. b., 2S1ad24A; No. 2 rye, As; No. 2
barley, fob, 27@Ss; No. faxseed, 1.0614@
1.1clA: prime timothy seed, 2.671A; mess pork,
per bbl.. 7.S5M740; lard. per 100 lbs, 4.20Il
42?12; short ribs sides, loose. 4.20@4.SO: dry
sa,ted shoulders. boxed, 4%M5; short clear
sides, boxed 51aQ5%; whisky ,distillers
finished goods. per gal,
Articles Receipts. Shipments.
Flour, bbls. ............... 5000 5000
Wheat, bu. ................ 1900 $1,000
Corn. bu. .1SS.OO0 469, go
Oats, bu. ..................29 .291 ,0J1 267, 600
Rye, bu. ................... 10000 $1,000
Barley, bu. ................ $1,000 1900
On the produce exchange today the but
tor m of ,oroc