The representative. [volume] (St. Paul, Minn.) 1893-1901, 1899-08-24
CHICAGO GRAIN.

CHICAGO, Aug 23.-September liquidation
WAS heavy s enough to cause early decline Of
&c at time but renewed rains in the North
west accelerated era covering movement which re-
cline. December was frmer and closed sc
Of oas he up %e and
hc higher. Provisions made unimportant
changes sng both ,tlo ways: s,,o - 49,, ., =,
wheat, both the September and the December
options opening about &c lower and showing a
much the result of bear news as of the general
apathy Of trading a d to
losses, and the first half hours trading was
remarka bly, small Then a pronounced Sep
TENDER liquidating movement set in. which last
ed we'll into the afternoon, and which resulted
in widening the spread between the September
and December options to 2as@21ac. A good
deal of this selling OF September done by
the Northwest, apparently against liberal coun-
try receipts, and though primary receipts con-
tinued to be smaller In amount than those of
effect on local spectators and broadened the
liquidation. Attention was also directed to the
York than here. There were some bids for cash
wheat here but prices We're about Nc out Of
done. The seaboard reported only moderate en-
gagements for export Clearings were $50 GOO
cars, against 2os last week, and 574 year
ago. Chicago receipts We're 124 cars, four of
81 900 bu, against S5s coo bu last year During
the afternoon the tone of the market changed
figures, and the tendency to cover shorts was
streng thened by reports of renewed rains in the
Northwest and by foreign advices that the
drought in Indian was worse than ever. Sep
TENDER liquidation eased and the market took
on considerable strength late In the session.
resulting in recovery Of nearly all the early
loss. Bradstreets reported the worlds visible
decrease /. 1856. 900 blu. The seaboard late in
ed in the advance. September opened at Il
713sc; it declined to 707sc. and reacted to 1hc,
where it closed. December opened at 1850
73Ac. declined to 731sc, and reacted to and clos
ed. at 737sc advance Of 1sc.
Corn was weak, especially for September, in
which there a good deal of important iqui-
daton. Elevator people bought, and receiving
houses generally were sellers. against liberal
country acceptances. Western crop advlces
favorable. and receipts were large, 6lS
There good rally from the bottom
late firmness of wheat. September ranged from
3Gssc to 31Ac, and closed NC lower at 31d3lsc
December closed unchanged at 2Sssc.
Oats were firm, considering the decline in
other grain markets and the unfavorable condi-
lions affecting oats. Receipts were heavy, S3l
cars, and the country offerings were liberal The
cash demand, however, was good, and this was
influential enough to hold the speculative mar
ket steady. Trading narrow all day. Sep
tember ranged from 1880 to 1875 G20c and closed
a shade higher at 197s@20c December closed
NC higher at 1944c
Provisions were extremely dull, and prices
changed but little The tendency during most
of the session was downward, the result OF
hog anf5s was done Prees
firmed up during the afternoon the market
closing steady for pork and lard and little
easier for ribs At the close September pork
was a shade higher at IS. 22l. September lard
a shade higher at S. 20, and September ribs
shade lower at $5.07l2
Estimated receipts Wednesday,: Wheat, IS
cars: corn. 2S5 cars oats, 305 cars; hogs. $4,000
Wheat No .