Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-06-16
GRAIN AND PROVISIONS.

CHICAGO. June 16.-Down turns in
the value of wheat continued TO-DAY.
Ghe chief new bearish development was
an estimate that 6O.o0o.o00 bushels were
AVAILABLE in the United states Tor ex-
bort before July l and for carrying
over into the new crop year. Opening
prices. which ranged from to lower,
with July at 2.21 and September at 1.94
TO 1.95, were followed by a recovery,
but then a fresh setback
Active demand from commission
houses lifted the corn market. Buying
was based largely on theory that the
stock of corn obtainable for immediate
delivery was about exhausted. After
opening unchanged to II of, prices
scored q sharp advance all around.
Oats developed strength owing to re-
ports of frost at several points. Sell
ers were scarce.
Provisions reflected the bearish exhib-
It made by the monthly statement of
warehouse stocks. Lard especially was
weak
Coffee-Rio No. :, 10. Futures steady;
September. 7.9s; December, sos.
Lard-Dull; middle west. 21.50 asked.
Other articles unchanged.
CHICAGO LIVE STOCK.
CHICAGO. June Misunderstanding
5000 head; unsettled at yesterdays
average. Bulk, 15.20a15.9o; light. 14.60a
1915; mixed, 15:ooa16.oo; heavy 15.ooa
1905; rough. 15.00a15.20; pigs. 1o.00a
1850.
Cattle-Receipts. 1000: weak; native
beef cattle. s.00a13.7o: stockers and
feeders, 7.30a1O.60: cows and heifers.
6.00a11.s0; calves. 10.s0a155 so.
Sheep-Receipts. 1000; firm; withers,
s.soa11.35; lambs. 10.5oa16.o0; springs.
13.50a1S.00.
COTTON MARKETS.
NEW YORK, June 16.-Renewed anx-
iety over the crop outlook seemed re-
sponsible for the f1rmer tone of the cot
ton market today. A private report
published by prominent local author
ity placed the mid-June crop condition
at Ills, compared with f0.S at the end
of May, indicating an improvement of
less than l per cent since the last gov
eminent report. There were also many
scattering reports of an unfavorable
character based on dry hot weather in
the southern part of the belt, and after
opening steady at an advance of to 20
points, active months soon sold S5 to 40
by recent sellers and a renewal Of trade
buying on the bulge of 24-SS for July
and 24.53 for October.
Futures opened steady: July. 24.55:
October, 24.20; December, 24.44; jan
uary, 24.55; March. 24.T2.
Futures closer firm: July. 24.s7; oc-
tober. Pass; December. 24.so; January.
2473; March. $500
Spot cotton, steady: middhng. $3.50.
NEW ORLEANS. June 16.-Cold
weather caused rise in the cotton
market here today. amounting to Is to
36 points in the first half hour of busi-
ness. Intensifying the effect of the
low temperatures were the continued
drouthy conditions in Texas. The de-
mand was met by a slender supply Of
contracts.
Futures opened steady. Opening bid:
July. 1899 asked: October. 1858: De-
cember. 23.85; January. 24.01: March.
24.2I.
The low temperatures were a sustain
ing influence throughout the session.
Toward the close prices were at a net
advance of 81 to 80 points. Offerings
came chiefly from realizing longs and
the undertone of the market was firm.
Spot cotton-Quiet and unchanged.
Sales on the spot 373 bales: to arrive, 80.
Good ordinary. 22s1: strict good ordi-
nary. 1891; low middling, 1881; strict
low middling. 24.00; middling. 2419;
strict middling, z4.3s; good middling.
z4.56; strict good middling. 24.74.
Futures closed steady at an advance
Of 20 to 80 points. July, 24.20; October.
1892: December, 24.os; January. 24.24 !;
March. 24.42.