The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1897-01-09
Market Gossip.

Furnished by the Topeka Grain &
Chicago: Calls May wheat s2sse: puts
S05sc; puts May corn 22szc; calls 2oSdc; puts
May pork 1872: calls $500.
Chicago: without Argentine. Aus
tralia and Indian competition. said F. h
Phelps it is fair to presume that Arnerf-
can wheat will be in great demand later
on and while there are many bullish feat
ures of wheat is now in the SOS. not sos.
and possibly the trade lose sight of this
fact The bear element is now strong ana
are taking advantage of their position ana
plavinay, their pertiee for ali it is worth
The bulls are temporarily whipped. Al
though conditions from a supply and de-
mand standpoint will probably make him
a winner eventually
Chicago: Our cable reads firm with up
ward tendency. 3 farthings higher They
failed to Sympathize with anomaly in
this market Yesterday when DIT conditions
caused a sharp decline with legitimate
news more than ordinarily bullish. The
break was accompanied by good cash
business a round lot of wheat was work
ed Worlds visible decreased IS million
and is 40 million bushels less than
last year.
Northwest cars a year ago Duluth %;
| Chicago inspections: Wheat o. grade
2: corn 19S, grade 20. oats 169. grade l.
! Chicago: Hogs $4,000, prices steady cat
tie 600 prices steady: Kansas city. hogs
:. O00 prospects strong: cattle loo, about
steady, Omaha. hogs 400.
Liverpool wheat firm with an upward
Bradstreet's made exports flour and
wheat from both coasts for week 31S. 66s
ma ? AS 200 and 2 All 81 two years ago.
c bicag go: Messages from San Francisco
saw very little wheat left for export It
was a good thing for holders of wheat
that reports of cash business were sprung
on tn e market as it turned the tide and
check id heavy short selling, prices re
! acting sc from bottom. the weak shorts
Oe S,hicas-o: Talk of foreigners buying
wheat in this market this morning.
Chicago: Some outside orders here 10
The estimate on the visible supply for
4 Monday is that it will increase half mil
i Bank Statement: Reserve. increased
i $40 7O4. 800; loans. decreased $3.50 500; specie.
4 increased $3.50. 700; legal tender, increased
4 S14. 467. 100: deposits increased 81 253,2 200;
\ circulation, decreased S692.300
\ New York: Stock market without feat
4 ure. few London orders. room traders in
Il Chicago: There will be no government
II report today. Except one to be issued on
New York: Clearances 24.OoO wheat and
! Primary receipts wheat 2i2OOO: ship
rnents Sc. 900; flour shipments $1,000
New York: Mcintyre and Ward will
say that Antwerp accepted all OF their OF
erings of wheat made last
Puts 7S1zc; calls S51zc; X w. good next
Puts May corn 245sc; calls 25s4e. good
1ansas city and vicinity fair and cold
er tonight; Sunday fair and slightly cold
er in easterly portion: Kansas: Fair to-
mig hit and Sunday; colder east portion to-
Oh icago: Wolff selling pork Interna-
tiont i packing company selling lard and
Ne1F York Sugar is not strong inclin-
ed to think that dullness viii lead to low
Late argentine news seems to confirm
/ about Is to 20 millions surplus for export
| of poor quality. We see no change IN
/ legitim; tie situation Argentine ship
'G Chicas %: Buy little wheat on the
1 opening local traders sold too much yes
| terday and viii rush to cover on any ad-
vance