The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-03-08
CHICAGO MARKETS.
Board of Trade.

CHICAGO March IA good deal of ner-
vousnes. was shown at the opening In
wheat The start was lower. July at sai4 70
sgse, showing Initial l.43sc decline, while
May was re lower al sl.05I4. For the mo-
ment traders fell under the influence of
the grave condition of affairs between the
United States and Spain, and the big break
In the London and New York stock mar
kets. The effect OF this was in meas
ure counteracted by the new complieat tons
between Russia and England. and prices
rallied for a few minutes. July getting up
10 so1sc and May TO sL06i4. Prospects OF
war between two foreign nations almost
invariably has a favorable effect on the To-
cal wheat market. and the day was no
exception TO the rule. The selling pressure
was soon renewed. The news from Wash
ington was OF too grave a character to ha
overlooked. and besides this nearly all the
ordinary news OF the day was OF an ex-
ceptionally beaTlsh nature. Northwest re-
ceipts were very large. Minneapolis and
Duluth reporting so ears. compared with
3d2 last week. and ~ year ago The
worlds shipments were large amounting
"a T52i.o bushels. and an. increase on pas
sage was reported Of l.6S0ooo bushels 4
significant factor In The worlds shipments
was the big Russian movement, nearly five
times In exeeess'of what they We're a year
ago. Chicago receipts We're los cars.
Letter brokers gave the narke. some sup
port a. first but soon withdrew Il and ne
market, deprived az tails sustaining fea-
ture slowly declined and grew quite dull
Jply finally sold down 20 Gee and May TO
si0Iie
About midday y new feature developed
I'm the huving by Letter Of the Septen,bor
and December futures Shorts hardly I'M
derstood this Al first bat when buying or
derS % those deliveries were received from
-. Louis accompanied hy reports OF very
poor conditions or wheat IN Illinois ard
Missouri. the crowd came into the market
For fime the September and Dsceraber
prices showed 81 advance and the strength
was II measure communicated TO the
nearby futures July railyiue II col g ana
Nav 70 Si03is. The very holiness az the
Letter operations IN tire face or what was
considered n naturally bearish market
startled shorts into covering ana gave tee
market FOR 2 tiTne q good deal Of strength
Toward the close an the futures drouued a,
little and at the end TIE market was quite
/ Irregular. July closed h.c lower n S3is c.
Nav 1c lower at g N.1a September and
December on the other hand closed about
lssc higher each. September az 7ss.c and
Germ was fairly active and steady. TIE
cuban war news and IA" weakness in
wheat induced more or less liquidation "
holders Prices tended downward urtff
near the close when covering caused a
slight Improvement
oats were slow. with very I.tie trade
either way. May closed p shade lower
Provisions we're weak after monentArv
SrmneSs at the start caused ~ higher
! hog prices. Msy pork CLOSED l5c lower
May lard 2'so lower. and May rles &c
wheat. 40. =.
orenlnE. Highest Lowest. Closing.
May a., So. g, - a%
Corn, No. =.
| May 80 Iaa sn. e4s es- an
Jnl, 81 1G' e., fsia. N-sFu Az
Scpt e. SIS Se~ssES-ia So go,
| Oats. NJ. =.
I May sTs G2ssa sr-< - 90. 9es-s
! Juiy o.. go 80 esAs ztN ge4l,
! Meas Fork. per Barrel
| Nav SIC - SO - So la So .
/ Jaly e.. 90 az, - g 70 = Ie %
| Lard. per 100 Pounds.
/ MAY /. IS y $ lrfs Si-ik s. lstk
/ short Ribs. per 100 Pounds
| Jay =. .'sIs'. - y.
Cash Quotations.
! Fjeur-Qu,et
| Whesr-Na sprias 2.Fsos.- No. :
/ srg;aS, st& s! Ne 9 rcd. sI.o-s.
te,s-No : sasc. No aite :. -
/ B -. Ne. waite. T. Q. B.. -, s@sc
/ Rye NJ - Eft,c
To-k- Afrss. per hs~-el So *
l9r}r-t'rr 4" F3unss Naf<s tH
| Sharr l.fes-Stlr- t.a.st1 50 s.t5
! sAe4.@zre- tsrX sa5ted te1Nga} s,
| cry Sitre-t-te8~ ttaN-1} s 2ls 80
| Na.sky ll.stlie-s' finished goods. ge-
| g1isn. ts's-
/ n-~nswsw - x..s--.