The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-03-14


CHICAGO. March 1ss-whest started as
II a rally after the weakness or yesterday
were 10 lake Place Holders were en-
coEragsd by the steadiness shown by for
eizn markets. especially Liverpool. in the
face Of yesterdays tumble in prices here.
IL was also known that Letter had placed
additsonal shipping orders OF nearly laev"
bushels. Offerings a first were in corn-
paratiyeIy small volume while good scat
tered demand was apparent. Bids were
made for July at the opening al Sizdssase.
This was lsc over yesterdays closing price
and the buying demand was good enough
10 add another small fraction TO the price
in a very short time. The market held
fairly steady for some time al around that
price. but finally the weakness in Wall
street. giving rise 20 apprehensions OF H.
quotation in everything else. brought the
longs Into the market 10 unload. II also
resulted In an almost total cutting on OF
supplies and professional shorts taking adj
vantage of that fact. hammered the price
down rapidly. For about fifteen minutes
the market was exceptionally weak. July
selling dogn without a stop to sesc, a
break of 21c from the high point. The
decline brought good many stop loss
orders. and considerable selling was also
dane through fear Of another attack on
Nav by the big bears. In this however,
holders were agreeably disappointed. Plen-
ty of Nav was offered. hut nothing like
the concerted attempt to break the market
which took place YESTERDAY and Letters
in keeping the price at SiA
Another influential factor was the New
York bank statement. The market after
grew auieter. The steadiness Of May had
n good effect on the nerves. of the July
holders and brought some OF the early
sellers back Shorts who had big profits
on the break also covered freely and the
price gradually crept back to S6'sc Then
for some time almost a holiday dullness
prevailed.
A good deal of. excitement was caused
BY a formal application by Letter 10 the
directors for a marginal price on May,
which was done he said in order TO re-
orahle effect on the market and resulted
n further advance II n, July that future
closed. May closed az sioi
After the session closed IL became known
that Letter had sold 100000 bushels OF
contract wheat TO Councilman and Day.
The price was not stated, Letter merely
saying IL was disposed Of at market
price"
Corn was weak with wheat. May
closed a shade under yesterdays final fig
The market for oats was weak in svm-
pathv with wheat and corn. May closed
ha&c lower.
Provisions were weak from the outset,
ruled heavy 70 the close. May pork closed
&c lower May lard 71zc lower and May
ribs about lee lower.
Wheat, No. z.
Opening. Highest Lowest. Closing
Nav Nav ss q 8 81 ST. S., 81 ssss s,s q 80
Corn. No. 2.
MAY .. so,4 3oAa3yA. 80 sOIsa3eA
sspt .'i''as * 5sas 81 ss,sss 81
Oats, No. z.
july july ;. :. AZ sasass. ~ 'e sc
Mess Pork. per Barrel.
s May ' 70 g g 10 10 a is sSS is % g.
Lard. per 100 Pounds.
S Mfy IS i SO ' sls.. ' ~
short Ribs. per 100 Pounds.
s May IS Il i s sis ' ssay SIS 20
Cash Quotations.
Flour-Duii winter patents. s.a5;
st. 4Og4 60: bakers. So. soaiS. 90. '@'
Wheat-No. 2spring, 24s4e; No. spring,
s2gsse; No No 8 8 Sc o2 g,so.o
oats-No. 2, 2s1.e: No. 2 white +. O. b.,
soizaslc; No. 3 white. +. o. b.. 2su 2szac
Rye-No ?, 49c
Barley-No; 2 {. o. b., S5G4sc.
Timothy Seed-Prime s.. 30
Pork-Mess. per barrel. 50 95Il0
Lard-Per 100 pounds. s.. 07i1I5- 10.
Short Ribs-Sides Qoose) 81. $685.. %
Shoulders-Dry sailed thoxed) IS use
Short Sides-Clear (boxed) s. 35d5. so
Wh.sky-Distillers' finished goods. per
Sugars-Cut loaf. sole; granulated, sole.
Receipts and Shipments.