The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-07-19
GRAIN AND PROVISIONS.
Wheat Started OFT Firmly, but Later 10 The
Day Collapsed.
CORN SIuapED ON GOOD CROP OUTLOOK
Northwest, While Circulating BOIL
isii Reports, sold Oats qua
and Provisions quiet.

Chicago, July 1s.--wheat was hrm for hours
today, but broke later with corn snc on
lack OF support. September closing Ia under
yesterday. Corn slumped on talk Of big
crop and September concluded the session
lower oats closed y down aud provisions
unchanged at loalgh higher
Trade in wheat was only moderate ana
the course OF the market irregular. The OPEN
ing was firm. September * over the close
yesterday at 77AnT7hs In this bulge were
70 be found as influences higher cables from
Liverpool, small Northwest receipts and un-
favorable reports from the Dakoias on
profit taking, which met the initial bulge,
september declined to 77% Then, IN an
erratlc mood the market rallied to III, but
dropped OF with great rapioity from that 20
fiM. Again the lard hghting bulls forced
the price back to I53sQ1S. In this they we're
assisted by covering by sealpiag shorts i5r
profits. il Was following this bulge that the
seSerest break Of the day occurred aud
brought tile market TO a fuish. Primarily the
break in corn was an Influence. IL addition
70 this receipts were large and the ordinary
support nefve,ess affair The Northwest
while claiming irreparable damage for the Ia
kotas ana asserting that the mans had found
little OF q crop left to help, were sellers.
september tumbled down TO 16is and closed
soon after IN a weakened state 11s under
yesterday at 5f4n76L. Ciearanres at tho
242,o9l bushels. AZ primary points reeeipts
amounted 10 49, 600 bushels compared with
l,WU0OD bushels last year. Minnea polis aud
Duluth reported Isl cars against l65 last week
ana a. year ago Local receipts were 10
cars. fifteen Of contract grade New York
reported a boatloads taken for export
Corn opened Arm but thereafter acted Ike
2 market too worn from sickness 20 get well
N hurry At the start there was moderate
buying IN the small country offerings and
on Tic Theory OF some reaction being iue
after fair decline, Two millions cash bust
consideration. Add to this some desultofy
reports OF moderate DANA ges 10 the crop be
tore the rain struck it and IL gives the huh
side- The market held wen until noon tneu
slGnped- Talk Of a big crop became more
JnthGsiastc and al last started liquidation.
opened az ss9sHSsiz, touched 40 slump8d from
that to S'z and closed / cent lower at 2sIs
U.s. Receipts were 33S cars.
pats were oull. too lazy to exert any IN.
oep ndence and apparently well contented
70 follow where corn led. When corn sluu1t,-
eu oats preathed harder and got red in he
lace, Trying TO keep VI the pace. but uobpdy
paid anv particular attention to il Sen.
/ TENDER sold between Z3N and 23H closing 2.
uhuei yesterday at =34.. Receipts We're II
cars. Corp reports were favorable save from
me Northwest whore there we're lcsses from
/ the orouth
Provisions were quiet owing 10 thu FAC,
that packers were buyers Of lard and rlGs
but rather neglectful Of pork septetnt a,
pork sold between siI.s0 and Sii sii@ sd
tlosed unchanged at slL70 September lard
solo between o.75adTTlk and closed S cent,
Migner al o!oHhI2le and SEPTEMBER between
F1.ttH and SG.6ljz. With the close 10al2iSe I'M
Estimate receipts, tomorrow--Wbrst IA,
900 head. ~