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Show SHI OF TARIFF LAW AFFECTS WHEAT Market Steady at a Net Decline; De-cline; Corn and Oats Also Lower. CHICAGO. Oct. 4. Sentimental effects of tho signing of the tariff bill showed themselves today in the wheat pit. The market, though Btcady at tho close, was Rc to 82c not decline. Corn finished gflc to Ic down; oats off Jc to S7ic. and provisions varying from 10c decline to a rise of 2Jc. Notwithstanding that It has been a foregono conclusion In regard to the tariff measure receiving the president's signature, the knowledge that tho law was actually In operation had considerable consider-able to do today with depressing wheat. Competent observers doclarcd that new buyers were kept out. and that short sellers sell-ers wero encouraged. Attention again fixed itself on the point that tho only protection now against Canadian wheat was purely optional with Canada. Chances of a generous lncreaso In the vlslblo supply was responsible In part for the bearish feeling as to wheat. Bettor Bet-tor weather In Argentina tended also to depress prices, which at no time showed signs of power to mako an Important rally. For the first time, corn traders took fright at the new tariff. Possibility of Imports from Argentina formed a bogle, although Tvell-informed authorities ns-serted ns-serted there was 'but little danger from that quarter until the next crop. Several Sev-eral of tho bull leaders sold out on the decline. Predlcltlons of rough weather that might delay the movoment to market mar-ket or -be an Injury to corn standing in shock caused somo reaction In tho last hour. Oats suffered from selling 'based on free offerings of Canadian oats, both oast and west. Much of the unloading for longs was dono under stop-loss orders. Weakness of grain and hogs pullod down the actlvo deliveries of provisions. Thoro wns a forecast of liberal receipts at tho yards next week. BANOE OP THE LEADING FUTUBES. Wheat Open. Hlfih. Low. Closn, Doo S7 87 84 SC May 92 02 31 31 Corn Oct 9 69 69 C0 Doo 9 69 6S 6? May 71 71 70 70 July 70 70 70 70 Oata Deo 41 41 40 41 May 45 4C 44 CASH QUOTATIONS. Whetr-No. 2 rod, 32?94o; No. 3 red. Sl392c: No. 2 hard. 83ffS7C No. 3 hard. 83ffS6o: No. 2 northern, 878So; No. 3 northern, 85rE7c; No. 1 spring, S7(38Sc; No. 3 tprlnr. 85ffS7c: velvet chaff, 81tfS7o. Com Nc. 2, 701T71a; No. 2 white. 7071C. No. a yellow, 7171a; No. o, 69ff70a: No. 3 white. 7070c: No. 3 yollow, 7071o. Oata No, 2 white. 41c; No. 8 white. 39 40o; standard. 40Oo. Rye No. 2, CC7o. Barloy 57G'S5o. Timothy J3.75C 15.25. CloTer J3.OOU12.CO. Pork 322.00. Lard J10.82O10.85. Rlbi-J10,C2O11.27. Chicago Produce. CHICAGO, Oct. 4. Butter Unchanged. Eggs-rRcceipts, 1010 cases, unchanged. Potatoes Higher; rocclpts, 100 cars; Michigan and Wisconsin, 53C3c; Minnesota Minne-sota and Ohio. 55(n5Sc. Poultry Alive, irregular; springs, 15c: fowls, 121c Flax, Oata and Bye. MINNEAPOLIS, Oct. 4. Flour, unchanged. un-changed. Bran, $19.50S19.00. No. 2 yellow corn, 67i08c. No. 3 whlto oats, 37iJ37c. No. 2 rye, r.5'591c. Flax, unchanged. Barley, B2(3)70o. LIVESTOCK QUOTATIONS. Kansas City. KANSAS CITY. Oct. 4. Hogs Receipts, Re-ceipts, 1000; market, 5(310c lower; bulk, ?S.10T8.45; heavy. $8.2i8.50; packers and butchers. $S.2B3S.o0; lights, 58.00 8.45; pigs, ?0.60()7.50. Cattle Receipts, 1000; market, steady; prlmo fed steors, SS.OOiS'O.BG; dressed beef steers, $8,0038.D0; western steers, $6.G0 8.60; southern steers, ?5.no7.00; cows, $4 257.25; halters, S5.0Og9.00: stockers and feeders, $5.50S.16; bulls, $5.0006.G0; calves, J6.0010.00. Sheep Receipts, 2500; market, stuady; lambs, $6.75ig7,45; yearlings. $5.2506.00; wethers, J4.255.00; ewes, 53,60(3)4.50. Omaha. SOUTH OMAHA, Oct. 4. Cattle Ro-celpts, Ro-celpts, 100; steady; native steers, ?7.10(p 9.35; cows and heifers, J5.754Ji7.G0; western west-ern Bteers, $6.00(g8,20; Texas steers, 55.50 37.15: range cows and heifers, ?5.408)7.00; calves, $G.7G'9-95. Hogs Receipts, 4200; lower; heavy, 58 00(fiP8.20; light, $8.15S8.25: pigs, je.OOfi) 7.60: bulk of sales, 58.108.20. Sheep Rocclpts. 100; steady; yearlings, $5.25(05.75; wethers, 54.0041)4.65; lambs, $0.B527.25. Chicago, CHICAGO. Oct. 4. Hogs Receipts. 13,000; market, slow; mostly 10c under yesterday's average; bulk, SS.20S8.6B; lights, 5S.20fi58.3B; ' mixed, J8.0C8.90: heavy. S7.954PS.80; rough, ?7.05fiJU0.9n; pigs, 54.254P7.B0, Cattle Receipts, B000; market, steady; beeves. $7,ir4?0,40; Texas jsteera, S.904fi 7.90; western steorn, $6.1C5J8.30; ctockors and fecderH. $5.a0i7.S0' cows and heifers, J3.7G4JS.GB: calves, $7,734?) 11.60. Sheep Receipts. 2000; market. Hteudy: native. $3.fi04i1.73: western, $3.904?t.n0; voarllngfl, $4.905.90; lambs, native, $5.80 7.40; western, $5.80p7.40. |
