The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1897-12-23
GRAIN AND rRCvTsIONS
Chicago.

Chicago.
Chicago, Dec. 21.-Scalpers had an
other hard time of it in the wheat nit to-
day The clique bought On the stumps
and sold on the bulges and kept the mar
Ket III such state of nervousness that
little fellows were badly frost bitten.
May closed at 7-Sc decline selling 3-S
cents above yesterdays final figures,
course of wheat corn declining 3-Sd1-2c,
oats 1-Sa1-4c, and provisions 10017 lie.
May wheat opened easy and about LIE
lower than it closed yesterday at 80 LA
93 5-Sc. Liverpool was only Is higher
at the opening here, and by some mis-
take the receipts of wheat at Minneapolis
were at first reported at 80 cars.
Chlcago receipts were very heavy,
amounting to $40 cars, OF which num-
Der $40 were of contract quality. Those
were the reasons for opening weakness.
Minneapolis receipts were soon after
wards corrected to 172 cars and Duluth
reported 11S cars there. That made the
small total of 300 cars at both places
compared with $50 last week and 800
the corresponding day of last yea1. That
correction of the northwestern receipts
turned the main feeling of the crowd
toward the bull side again, and the open
ing weakness soon gave place to strength.
May advanced under good buying to
"a ID. This, however, was followed by
a reaction to 94M94 1Sc. which made the
market strong and a slow advance en-
sued This seesawing was kept up all
morning. The advance was led by the
bull clique, and on several subsequent
| occasions when the market appeared to
require help the same party was credited
with being its rescuers. Besides the $40
cars of contract wheat received here by
| rail 44,O0O bushels and JOG car loads
of No. l northern spring were transferred
from unlicensed elevators. The total
quantity of contract wheat in licensed
houses ut the close of business Saturday
| was 517, 800 bushels and probably 1,0OO,-
600 bushels has been added to that since
then. There is a strong probability,
| therefore, that by December 81 there will
be 100000 bushels of contract wheat
| in regular Chicago houses. Rumors of
vessel room having been taken in New
| York for shipment of 100000 bushels
| wheat early in January for account of
the Chicago bull clique were current on
| the floor. The export houses at the sea
board reported very little inquiry from
| abroad, but France was credited with
buying 100000 bushels No. 2 red and
| Hamburg with taking 10000 bushels of
same. grade wheat. Seaboard clearances
| of wheat and flour were comparatively
moderate at 235.000 bushels. Liverpool's
| dependence on America for supplies was
seen in the importations into that port
| in the last three days of $4,000 quarters
| $4,000 quarters of which was from
America. Later in the session the mar
| ket became quite weak under realizing
| by professionals. There was reason t.
| believe that the Letter crowd sold. The
| m a ri n dino Ilt, InnIinnI tn O. !
| closed easy at 90 1-4c. There were fur.
! Their large deliveries of wheat this even.
ing. Armour delivering 100000 and other
dealers as much more. December closed
at 81 where it wound up yesterday.
Corn was much Quieter than the day
before and was also weaker, selling sup
posed to be again more liberal Country
acceptances of Chicago bids was feat
| ure among the trading news 1t re-
covered part of the early decline. but
became quite weak again later and was
at its weakest ut the close.
Oats were steady for cash and De-
cember, but weak and lower for May.
The market was very quiet and little of
interest developed. There was liGuida-
ton of long lines with the action of
wheat and corn.
Provisions lost altogether the buoy
ancy which the market exhibited yester-
day. At the close May pork was II 1-2c
lower; May lard, Zoe and ribs II lie
lower.
Estimated receipts Wednesday: Wheat.
100 cars; corn 1GO cars; oats, 300 ears;
hogs, $4,000 head
ST. Louis.
st. Louis, Dec. 21.-Flour-Firm;
patents, S4.7od490: straights. Sl.35G
100; clear, $4.O0M4.25; medium, $4,000
80.
Whcat-Higher; No. 9. red. cash. ele
vator, 90 3-4c: track, S1O00l1 OF; No. 9,
hard cash, S7@SSc; December S1OO:
January, 81 lac; May, 96 3-sG9G 1-2c;
Corn-Easy; No. ., cash, 26c; Decem-
Der, 25c bid; January, % lie; May.
81 lie; July, % 1-4c.
c tpacE 2S o 6cc cnsh c aSc b%
May, % 1-4c: July. 20 lie; No. .,
white. "A 1-4M24 lie.
Rye-Quiet Ace.
Flaxseed-Quiet, S1.15.
Prime timothy sced-S2.50.
Cornmcal-S1.4 40.
Whisky-S1.19
Cotton ties ard bagging-Unchanged |
Iead-Dull.
Professionally; standard mess, jobbng. |
1919.
Lard-Lower prime steam, $4.37 ID;
choice $40.
Racon-Eoxcd lots)-Extra short
lear. S4S7 1-2M5.0O; ribs. $5.12 la
5.25: shorts, $5.25d5.37 -.
Dry salt meats-tBoxed lotsl-
Shoulders, ribs and shorts S4.15d5.O0;
.ytra short clear, SI.50M4.6 2 1-2.
Receipts-Flour, 1000 barrels; wheat,
Il 900 bushels: corn, 10000 bushels;
ats. 10000 bushels.
Shipments-Flour, 5000 barrels; wheat,
1000 bushels; corn, 1900 bushels;
ats. 10000 bushels.
New YOrk.
New York. Dec. OBSERVATION-DISCLOSURES, {
OO. S65 bushels; exports. 196,41l bush
Is. spot weak. No. 2, red 80 1-2c. OPP
ions opened easy under disappointing
ables. rallied very sharply on small 7
orthwestern receipts and renewed bullish
aelinc. but finally collapsed under heavy v
nloading and closed 1901 Csc net t
,wer No 2, red, 94c. o
Enthusiastically
Leather ard wool--Quiet s
C'ottonsced oil-Steadier; prime crude, C
1-46t1S Ice; prime yellow, &c; s.
LIVE STOCK. h
Chicago. b
Chicago. Dec. 21.-The traffic in cattle u
' III 4 n