The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-07-14
CHICAGO GRAIN MARKET.
Wheat Went Downward for the Lack Of q
Cash Demand.
OATS, CORN AND PROVISIONS FOLLOWED
Russfn's offerings of Rye and Barley
Was Factor In Reducing
Prices.

Chicago. July l3.--The absence OF demand
for cash wheat and heavy grain offerings for
Russia were the principal factors In the de
cline of asc in wheat today, Corn and oats
suffered from good CROP prospects. corn clos
ing NC lower and oats &c lower. Heavy
realizing In provisions caused closing de-
cline OF 2isG5c.
Wheat opened weak and lower at 73izn7Sis
for September, compared with Yesterdays
closing price OF 1879. Considerable disappont-
ment was shown over the Indifferent tone Of
foreign cables to Yesterdays advance here
This and the continued large movement OF
wheat In the Northwest, seas0nable weather
and rather bcarish summary OF the Price
Cuircre caused considerable DGridat. on and
(, ither decline to 1874 occurred. Buying
aRsii st puts" arrested the decline. News
In regard to the spring wheat crop caused
considerable apprehension among $40 is. som
sections OF the Northwest reported aa e"ecsS
VI ram, others too inucn neat. WINE %ort1
Dakota reported erassnoppefs Going consider
abe uaD,age in wheat neids. Tnis started
genera buying movement. botn from 10 al
upelBtors and from the outside. and tue hisA-
est uflcc OF tae day re u.ted. september rsacu-
ing .4nHh ana hoining Tor some tline at
about tEEt figure.
The absence OF demand for cash wheat I'M
noticed duiinB the morning, became quite
feature in the situation III the Afternoon. Ber-
lin adyices were to the effect tnot Russia WAS
onurlng rye aud barley heavily for fatl ship
ment AS this was contrary u previous nus
sian aGvces. the news was rather discour-
agiEG 10 holGora and started liuuidatou. wal h
became heavy toward the close September
gradually declined to 73Ani35s, but Ial.iel
under shorts covering to iSia, which was the
closing price. Minneapolis and Duluth re-
ceived i,5 cars. compared with 81 tue year
before Chicago receipts were 81 cars. Ag
gregate receipts at Western primary ponts
an cuuted 10 $4,000 bushels compared wi,l
10000 bushels a year ago. Seaooard Gle r
ancos 81 wheat and -four were equal to $4,000
bushels
Corn was moderately active and weak. fol-
lowrg closely the fluctuations OF WHEAT Thor
was ire, selling bv elevator interests and
scattered and mostly local. Weather was
favorable and the recepts continued iarg
Tne shinpiny demand was good but New York
bids we're almost at unworkable prices. Re
ceiS.s "a cars.
Or. Nere firm and higher early. good casa
deuidud sustaining prices in the face OF &C.
ellie ~ other grain markets. Later tn mar
ket We al ened somewhat In sympathy, but
euprorl was good and the decline was slglt.
Crop reports were favorable Local receipts
81 H'S
Provisions were active and irregular. The
mashrr advanced sharply early on good
gen er;l dona and. owing to moderate hog re-
CENTS and higher yard prices. Later a heavy
rodlizinr movement carried the prices aiilv
dow ward The close was steady at slight
decline. September pork 2lsc lower lard 2lac
and 1'ns &c lower
E;tnnated receipts tomorrow: Wheat, 90
ears; corn. $50 cars: oats. % cars hogs. $4,000
head