The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-06-29
CHICAGO GRAIN MARKET.
Trading in Wheat Was Small, the Market
Closing l.Sc Up.
OATS AND PROVISIONS GO UP, CORN DOWN
Liverpool Market Closed Stronger
with an Advance--Contincn
Markets Also Higher.

Chicago. June 2s.--Domestic crop damage
reports became tho dominant factor In the
! wheat market tndey but trade was small and
the market closed at an advance OF only he.
Corn declined isGohc under heavy receipts.
Oats advanced hc on bullish foreign adylces.
ara provisions advanced 2isg7Ac with the
advance IN hogs
Conditions at the opening OF wheat favored
higher prices. Liverpool showed liberal re-
Spouse TO yesterdays advance here, opening
| sspSe higher and maintaining most Of its
advance. Continental markets were also
higher A decidedly bullisn feature was the
falling off In receipts in Minneapolis and
Duluth. only AL cars being received, com
cared with Il3 last week and 1872 year ago
Chicago received l62 cars. This was IA line
with the predictions made b. tne Northwest
yesterday, ana Influenced the market enough
TO kee7 prices on the up grade for about half
an hour after the opening Then the weak
ness al 81 Louis, which was thought TO be
due 10 expectations OF large receipts OF new
wheat in the near future and favorable week
iy crop reports, started a moderate selling
movement which car lea prices considerably
below the opening point aud gave the old
general.
September opened at 74ka745S. compared
with yesterdays closing price Of 74M. II adj
vaneed TO 7A5hM7is, then gradually slid off
until 741s had been reached At this point the
market took another turn and until within
about half an hour Of the close, though quiet
was strong.
st. Louis weakness was said 10 be due en-
tirely to local elevator difficulties and not to
fear OF heavy new wheat receipts. The chief
element of strength came from the part OF
the country which has been Responsible fJl
most OF the weakness OF late--the West and
Northwest. The crop advices from all sections
OF the spring wheat country told OF damage
from rust and from wet weather followed by
the heat OF last Sunday. The Illinois State
rtpcrt estimated 81 per cent Of the crop lost
and the condition of the rest only 80 per cent
The natural inclination OF the market to rally
was influenced by these reports Covering
continued until September had advanced to
34MM75 when a realizing movement set In
which continued to the close and which cut
away good part OF the advance Aggregate
urinary receipts were 972, 900 bushels against
$1,000 year ago. The seaboard reported 80
loads for export today. September closed
steady at 7ils.
Corn was dull and heavy. The market
started steady with wheat but the liberal re-
eeipts-s1o cars-favorabe crop conditions and
heavy estimates for today created a certain
amount of liquidS.yl Clearances were light
ana the cash den< poor.
oats were exceptionally dull but Arm Crop
bulletins reported damage from drouth In
earnest and too much moisture In the West
There was some July demand from shorts Re
ceipts were z4o cars.
Provisions though dull, were strong
Estimated receipts for tomorrow--Whe2t 125
cars corn 1860 cars. oats 230 cars hogs IS 000
head.