The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-02-21
CHIC AGO MARKETS.
The Board of Trade.

CHICAGO. Feb. 19.-The most important
information wheat traders had TO start
With was the statement made by Letter
ttat he mad engaged ocean freight room
for l90.Q90 bushels Of his wheat ali Of
y nich had been sold TO millerS and con-
stImerS Liverpool cables also showed
strong opening MAY starting unchanged
70 izc higher al Si9Si2ul04 advancing n
cree TO sl.G9. There WAS a refnaT Aao.e
scarcity Of offerings. and II took but very
little buying - advance the price. July
Was fully as active and strong as May.
opening Is 10 sc higher. al &9adSSc and
rising % }oc before enough wheat came out
10 stop the advance The advance to 81
II ports tnat 80 600 bushels Of Letter =
wheat at Duluth was 10 he shipped all rail
- the seaboard stiifened the backbone Of
the market and prices soon got back 70
the previous high point. and then passed
x. For half an hour the market held
around sl.o5 for May and soc for July.
July then suddenly broke loose. Traders,
IN trying 70 protect themss Ives against
weekly calls discovered that the market
VAS practically bare Of offerings, and III
their anxiety 20 get wheat began raising
their prices half a cent At a time That
brought the short interest 10 the pit in a
hurry. About the same time brokers for
Letter appeared with q number Of buying
orders especially fer July. The market adj
Vanced 50 fast that changes in price could
hardly be kept track OF. All shorts tried
10 stop losses. and for nearly 4 haI hour
seldom seen. In the meantime May had
advanced 10 S.o9 and July TO Csc. more
than Sc over yesterdays close. At those
figures the market was flooded wiki wheat
on realizing sales. and sharp declines fol-
lowed May dropping regularly to Stn0 and
July To 9l2ac. after which excitement died
down 10 A great extent. Nevertheless. the
market vas extremely nervous 10 the
close and fluctuations i'm both futures were
rapid and at times violent. The ordinary
news OF he day was entirely neglected
Closing prices We're $l-06 for May and 9-1sc
for July.
Germ was excited aud higher. due princl-
paly 70 the bulge in wheat May closed
y to sc higher.
wheat and corn was the influence. May
closed &C higher.
Realizing in provisions was pronounced
all day but tire demand was especially
good from the shorts. AT the close May
lard was 2iec higher. May ribs, 2i2c hign-
Wheat No. =.
Opening. Highest. Low 81. Closing.
May -. 81 02i, $lg9 s. o3is 81 W
july -. S.. az. Ssa. 92fs
Corn N0.2.
May 90isa@ss az at40 so4s 81.
5 ssPt e. * * a II. '-''' ST
Oats No. =.
}hiyy ..s4.as 81 r e: s 81. e: z.
Mess Pork. Der Barrei.
May .. $40 TIs sll q sle IS sii ore
July -. 10 s. II 05 10 IS II e2ia
Lard. per 100 Pounds.
May 80. $50 s. 2212 s. 20 g. 22iA
July ... 271a 30 21ia 5 20
short RIBS. per 100 Pounds.
MAY -. So $50 So s. 27'z
july 49,. . - 50 Is
Cash Quotations.
Flour-Frm. winter patents. 81 S0G4 90:
straights. 81 s@tt y; spring specials. s5.4e4q
80. s-ra!ghts. si.30ui
Wheal-No. ? spring. nominal: No. 3
spring. e2ua1c. No. red. si.0i1l06
Ccrn-No. >. @t.d3oc
oats-No, . 2sfsc. No. white. 2Sl4Q
39i4c
Rye. No .. 4af.c
Baflsy-No :. f o. h.. $50 sc.
Flaxseei-No l. S2itb
Timothy Seetl-prue s2.95
Pork-Me~s. per barrel tl095Gtf
Lard-per 100 pounds ISIS.
Snort Ribs Sides 0ooseD s51515.4 40
Sh0u.ders-Dry sailed (b0Xedl 4s.a5c.
Sides-Saort clear tooxrdl. s. Sea g.
Whi.ky- Dis'lllers' flashed goods, per
gallon $I1&a.
sagars-Cut loaf. yfol, granulatcd. t.5l.
-.