The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-11-21
SMALL DECLINE IN WHEAT
lsch Of Speculstioa Mas tie Prlsel-
pal Case.
CORN. OATS. PROVISIONS FOLLOWED
Liverpsol Made Drop nnJ sne
AAerfcaa M~rket ssartea Dsii
and Lower

i i
|sendency. due principally to lack Of specu-
aitivc activhy. characterized business IN a,
ne grain and provision pits today At the
es~e wheat. which showed 4 decline n
A@& In December corn declined s0a-s
oats t-s for December and NGs-s for MAY.
Provisions declined SOLO,
Wheat opened dull and Y lower on ac-
count OF Liverpool dropping the larger mart
OF yesterdays sudden and extrayasant
bulge. 1t continued dull except for about
nfteen minutes in the middle OF the day.
when the market was seized upor ma =
sufficient sign that a bear raid might be
successful, and 1t vas to moderate ex-
tent Minneapolis and Duluth receipts were
1919 cars, against 1850 the preceding sat-
crday and S75 the correspondents day a
year ago. Chicago had I3S cars. aguinet
l3l week ago and IS last year. The weeks
clearances Of wheat and -Four to European
ports from both ports OF the United States
ana Canada were. with one exception, the
heaviest on record. Argentine did not ship
any grain to Europs this week, but cable
grams from tho Liverpool Corn Trade News
stated that Argentine was Offering new
crop OF wheat for March shipment at S3s
quarter, or " cents per oushei and Il
was one OF the most bcarish features in
the news OF the day. 1t was also very
generally believed that yesterdays peculiar
advance at Liverpool was due to buying or
ders from Chicago. Continental markets
were STEADY TO firm. .antwerp's quotations
We're unchanged AMI Paris was 20 hirbe,
for near and 10 up for late deliveries
Export clearances :or the day from At
lanta ports We're 4b5.c00 bushels Some
export business was reported us having
been done from here; 10000 bushels was
the quantity, and 1t was said a similar
quantity was disposed OF for export at Du-
luth, The probability is that only 10000
bushels were sold.
New York reported eight boat loads sold
fer shipment there May wheat opened at
from 9ol1 @a0%, sold up to 90s4 bid, down
near the close TO 30 is, and closed at
20 1-S@96H-
Corn was weak with the spread between
December and May widencd FROM 3h to
3 SIS. There was heavy selling OF May,
one firm dispcsfng If at least 100000 bush.
els. Elevator people were on the selling
sidc December suffered the most from
the days liquidation. that option declining
S-S, while May leg. 4. The weak's clear
ances were 100000 bushels. Receipts, S29
cars. May ranged from % 7-S9o9E, and
closed at 29Ls @29 SIS.
Oats were very weak. with moderate
volume o. trade Prices declined under
selling by elevator people. The bull crowd,
which has been so much in evidence all
week, gave the market no support today.
Receipts, 3S7 cars May ranged from 22ia
G22. closed A@3-s lower at 90 S-S. De-
cember oats. as was the case in corn,
caught the most liquidation. and closed
5lS lower.
Provisions were heavy. Closing prices
were the lowest of the day, and for ribs
not far from the bottom price Of the sea-
son. There was some selling through
brokers, credited to packers, the English
packers In particular. Heavy hog csti-
mates for next week affected the market
somewhat. Dizziness was the feature. and
ct the close January pork was 71aepl0
lower at s.17h January lard 5q7h lower
at 4.22Ik, and January ribs s lower at 4.20.
Estimated receipts for Monday--Wheat.
100 cars; corn, AIS cars; oats, $50 cars; hogs.
45, 900 head.
Inc leading futures ranged as follows.