The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-03-30
GENERAL UNLOADING.
Grain and Provisions Closed al a
Decline.
JULY WHEAT GOES DOWN TWO CENTS
Developments M washington Caused
the hauidntIon-Rccrip Were
Modcrntc--Provisio Lower.

chcis0, March 2o.-Thc grain and provls-
Iobs markets we're all lower today. the weak
Irrss being especially pronounced In wheat.
Washington news ceCsod general unloading.
i Wheat closed with Il net dcclinc of 2c for
i July Lnd ic for May. Corn and oats closed
4 u lower; Ifnvisions declined 2lsc for ribs AMI
| 10 for provisions Lard was better supported
1 and advanced 2la
| Wheat opered exceedingly weak; initial
/ trades III July ranged from SIX to SaM; May
| vns cent lower, sat lUih, and declined at
| once to I.0i. That future, however, was lii :
| tlc heard frcm, and remained at that price,
With scarcely trade OF note until late in
tho session. In July selling was prominent
and il took but brief time to break the
price to S2ss. The break in Wall street
stocks and the days developments at wash
ipgton created uneasincss among traders and
led to the abandonment of much of the wheat
taken during yesterdays advance and to the
almost total withdrawal of influential sup
Cubn, irdeod, constituted about the only
feature of the market, as little else was
given any attention The market continued
to drop for an hour. getting down as low as
$685. when buying against puts" was the
cause of rally to So rs Outside OF this
demand thore was little buying from any
source and the market again sagged though
slowly, until around the noon hour. Then
greater weakness was deyeloped The pro-
ceehngs in the senate resulted in lot of
long property coming on the market and In
creased the volume OF short selling IN
marked degree. July breaking under the pres
sure to SIN. The market then hardened I'M
der n covering movement, which assumed
considerable preparations for time and
caused u rally TO SOS.
Northwest receipts were moderate today,
Minneapolis aud Duluth reporting 2T3 cars,
against go last week and IN n year ago.
Chicago receipts were lie cars. Cables were
rather disappointing. showing but little re-
sponse to yesterdays rally here. Exports
amounted to about 100000 bushels The Wis
ible decreased 2,4i3.000 bushels.
After some liquidation in May Letter
brokers' had no difficulty in bidding the price.
which had fallen to 1.0lR up to 1.0iL again
ana caused little better feeling in July The
market rallied to 81 7-SQs2 and closed at thar
figure,
There was quite heavy selling of long corn
all dty and the market was weak from tire
start The break was altogether in svinpatl,,
with wheat and the Chicago news. There was
some recovery from the bottom late In the
session.
Oats were rather slow anu weak Liaulda-
ton, which marked the early hours, waa in
SYMPATHY with the wheat break Support
was not lacking, however, and caused a
slight recovery. good export demand was
OF some help In sustaining prices.
lfrvisions were irregular, though In the
main weak. AT the close Muy pork was 10
lower. lard higher and May ribs ~ lower
Estimated receipts orrow--WbeAt, So
corn llb; oats, ll5 cnrs, aud hogs, %. 900 head
inc Leading futurea rnngcu follows.