The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-07-18
GRAIN AND PROVISIONS.
Wheat Recovered on a Demand from The
Northwest
AND COVERING BY SHORTS, CLOSING FIRM
Corn Broke as n Result of Recent
Rains, but Recovered some OF the
Loss--Oats Closed Lower.

by LIQUIDATION 10 coTnt early NHeal tOua'
recovered on demand from the Northwest
and covering by shorts. closing firm, sopiem-
Der u over yesterday. Corn broke because
of more favorable reports as result OF re-
cent rains. but recovered some Of it, sep
tember closing ~ down. Oats closed \.
lower: September pork So and September lard
i2i5qi5 and September ribs l2l3Hi5 de-
depressed.
september wheat opened IA higher at 77t7p
ia, because Liverpool showed small DC
cline IN the face vi the drop here yestef-
gay aud because receipts here were small.
rnen the market lost ts nerye,corn was max
nag such a break for the bottom. sepiem-
uer wheat following the opsmng, WOFkcd
~ 70 ia aud then proceeded for the tail
TIMBER, not t,oppiug untA september "ae
feillng at I5i5 rho liquidation was heavy
duiing ths stump and the demand scattered.
Having useG W nearly an hour ~ accom-
phEhlng TINS, tne speculative mind became
iI0rc composed and concluded TO buy some.
shorts covered TO secure profits ana ~ re
was some bull support which sent the market
10 al upW ARD course THIS move Was helped
along by renewed buying from the Northwest
sud Increase In WORLDS visible Of 2,3liyD
bushels accounting TO Bradstreet September
rallied 70 az and shortly Afterwards clOs'd
with most Of the advance Asld, u oye- yes
tsrday az u i-5ntI%s. The rally vas helped
10 degree by the partial recovery OF corn.
pOrted q loss Of only 10 per cent while
ROumania was said 10 have the largest crcp
in 1eT history, There was break az Pans
and Antwerp New York reported twon'y-
eiAGt loads iaken for export seabOard clear
anrss iil wheat and -four were equal TO 49,
ore bushels Receipts al primary pos wore
i5l.0O1 bushels, compared with llZ9JV
hushei lBst year Minneapolis and Dlutn
and 1i2 cars year ago. Receipts here y.re
70 cars forty-Begen Of which graded con-
tract. Southwest receipts Wcre heavy. The
gravity OF the Chinese situation and the hkti-
tailed by the taking of ocean steamers Tor
transporting troops excited somf loasidora-
ton.
The corn market made hollow empty
show Of having recovered somewhat from
the bear drubbi1g given " yesterday, but
the exhibition lasted only moment at tde
opening Long corn from the four corners
of the earth, 70 permit hyperbule, was
shoyeied INTO the pit ia immense quantities,
and inside an hour the market brought up
over cents under yesterdays close. The
occasion for a slump was 70 be found ia re-
ports Of excellent crop prospects as a result
o. recent hcHyy rains. In duCklug for the
bottom the price got we'll within a shipping
basis aue buying by shippers and cash Pee
pie. together with the usual covering by
shorts Tor profits, caused reaction and a
part Of tho loss was reganed giving the close
an appearance OF hrmucss compared vito
conditions earlier W TIE session september
der yesterday at 39ea39Ss Receipts were
lZ34 cars,
Oats were heavy. but that market, which s
not even allowed a psclally constructed nj
Ike wheat, corn and provisions on the iaor
OF the board, show ed 4 deal OF inherent
strength when the otnor grains we're dropping
Ike tho mercury OF q cold day. The faius
which in the Southwest were helping COIN
we're q positive injury to oats IN he thocW,
land reports from the Northwest we're 10 no
wise improved Hence the stcadiness. Re
ipts we're Ear cars. September sold between
2iis and -dA and closed a down a. 2g&
Provisions early 10 the session were .ery
weak, bur part OF tho loss was recovered.
HOGS were easy al thr yards and the corn
break Was decidedly bearish factor one
heavy speculntor let out long line aud an
Other sold short this stun forming tho 5ulk
I OF thu OF rings. The recovery. such as Il
was, was on huyiug by packers september
pork sold between q e. and 10 30 and .lorrd
@ cents under yesterday al Il7o septemb II
lard between Ger aud SOS, closing ;l4Gl6
down, a. fG5qe 67le and September rts he
tweer 6I5 and s55 with tho close PRO de.
pressed az 1886 67t-
Estn ated receipts tomorrow wheat @
cars corn $50 cars oats no cars, boys 20 0uu
head.