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Show WHEAT PUS Ail 0! THEjOil GRADE Rains in the Punjab, India, Used on Chicago Board of Trade. CHICAGO. Feb. 5. Rains In tho Punjab and promise of relief from drought In other parts of India turned wheat prices today down grade. The market, though firm at the close, was &c to ic under last night. Corn finished Be to Jc off, oats at a decline of JcgJc to Jo and provisions varying from live- cents down to an advance ad-vance of 2$c. WTieat hulls found themselves at a disadvantage dis-advantage not only because of tho bearish Hewn from India, but on account of signs of heavier shipments by Australia and Argentina which tonded also to depress the market. Fresh threats of a reduction In tho milling output at Minneapolis told likewise against quotations, and so, too, did weakness of corn. Lato in the clay wheat developed a little strength owing to roports that soil cast .of the Mississippi has been moisture heavy and that a prolonged freeze would cause damage of wide extent. It was conceded, however, that west and southwest south-west the winter crop was In this respect re-spect scarcely, if at all, In danger. Corn suffered from general selling, the result of showers Improving tho prospect of a larger yield In Argentina. Country dealers were reported to be hedging bore on a big scale. The unusual size "of tho discount of cash under May was said to be an incentive. Oats weakened with corn nnd In consequence of pressure from elevator concerns that recently had bcon giving the markol support. Concentrated buying aK tho result of a huge decrease in slaughtering this winter win-ter as compared with a year ago lifted provisions early but subsequently the advance ad-vance disappeared. Heavy unloading credited to a leading packer waa responsible responsi-ble for the reaction. RANGE OF THE LEADING FUTURES. Wheat Op.nn. Illch, Low. Closo. May ...... 938 93g 931 935 July 91i 911 91 91i Sept S91 m 89JS 89J Corn May 535 535 52; 535 July 54g S4S 53R 532 S'cpt 555 55i 51J 542 Oats May , .'46 IMS 341 348 July 346 34X 34? 345 Sept H4g 34R 341 341 CASH QUOTATIONS. Rye 63J5)6nc. Barley 4970c. Timothy S3(?D4. Clover -$12i53)20. Pork $19fi)19.37. " '1 Lard $10,225. Ribs $9.62i10.27i. Chicago Produce. CHICAGO. Feb. 5. Butter, steady; creameries, 2727ic F.ggs, firm: receipts. 2300; at mark, cases included. 20324c: refrigerator firsts, .1717ic; firsts, 24c. Potatoes, steady; receipts 25 cars; . Michigan. 4547c; Minnesota, 4547c; Wisconsin, 45df47c. Poultry, alive, strong: turkeys, 15c; chickens, 141c; springs, 15c. jNTow York Produce. NEW YORK, Feb. 5. -Flour dull, wheat, spot easy; No. 2 red $1,095 elevator and $1.11 f. o. b. afloat; No. 1 northern Du-luth Du-luth 51-003 f. o. b. afloat. Futures were lowor under liquidation due to lower for-olgn for-olgn markets, on account of short do-mand do-mand and lowor Interior cash markots, closing ge net lowor. May 90 5-16, 99 9-lOc; closed 995: July, closed 975; Sep-' tember, closed 95 7-lfio. Bonded wheat, May 97c597ic; closed 97 6-16c; July, closed 97c, Hops, quioL Hides firm; Bogota 295g30ic; Central America 30c. Petroleum steady. Wool, steady. Raw sugar, steady; muscovado .89 test 2.98; centrifugal .96 test 3.4S; molasses .59 lest 2.73; refined steady. |