The Montgomery advertiser., 1904-02-09
Treasury Statement. WASHINGTON. Feb. 9.--Treasury balances S229. .23i .o34; gold. See, e4s,ei4
Chicago Grain and Provisions.

CHICAGO. Feb. s.-Heavy liquidation de- moraiized the grain markets today not1vith- standing the severance of diplomatic relations were especially weak. May corn declining Sc and May oats 3kc from the high points. Wheat recovered partially. closing at about saturdays closing. but May corn showed a loss Of H and oats 2kq2%. Provisions were firm. closing unchanged to 10 higher.
 With war in the Far East virtually com menced and all foreign markets responding there was a dash to buy here at the opening by some hitherto stubborn short sellers of wheat The result temporarily was higher 9nS % Ssssr SH1sa as Sp s 1n sn time. however. the short sellers who had turned buyers had cause for regret. Both May and July vera offered in large quantities. It bushels held by large local trader was sold out. The throwing out of this wheat induced weak. May going down to 937s. a decrease of X from the top and July going of 2Ss to. e3b. The May delivery. however, received good sup port from the principal long and the prize by dispatch stating that all offerings of wheat from Odessa had stopped A late break in corn and oats had depressing influence but additional support from the interest cred tied with being the largest holder caused a fairly steady tone at the close. May was un- changed at 94 and July Ac lower at S4ss. receipts. 7So,6oo. against e5I 500 year ago. The amount on passage increased 3.472, 900 bushels, while the visible supply decreased 66o.ooo bushels. Minpeapolis, Duluth and Chi cago reported sos cars. against 463 last week and 736 a year ago.
 The feature in the corn pit was the heavy and persistent selling by prominent commits sion house. The impression among traders was that the principal bull leader was disposing of part Gf an enormous line. Several other large interests also were on the selling side. includ- ing representatives of a number of Eastern spectators. Offerings continued 10 come out during the entire session and extreme weakness prevailed. Stop loss orders were reached In the downward progress and this helped to send being unchanged to lc higher at 54%d55. hut within the first half hour 1t fell to 53%. The close was at the bottom at 62R. July closed 2d21bc lower at 5oh after selling between sos and 52k., Receipts. 42i cars.
 There was the same experience in oats as in corn. The opfning was firm on war nows May being %dikc higher at 441kd44%. Heavy selling by prominent commission house led locals to the belief that these offerings were coming from the big line of leading longs and this started smaller holders to sell. There were not many oats wanted and prices started downward. May closed 2k62%c lower at Al 5s. Receipts SOY cars
 Provisions showed strength in spite of the weakness in grains. There was good advance early on an active demand for pork and lard, but later part of the gain was lost on profit Hig6eR hogs was bull factor at the start. as was the war situation The buying was led by commission houses and foreigners After ranging between 8 3. 60 and SI 3 90. May pork closed l0c higher at Sl3.67h. May lard closed unchanged at S75els and ribs were up 2tsc at S6S2h. .-.-.-.
 The leading futures ranged as follows.