St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-01-20
The Chilian-United States I'M
broglio Has an Effect on
Chicago Change.
Two Cents Gain in Price on
Wheat, With Strong Senti-
ment at Close.
Holders We're Offering Freely
and the Demand Limited
- Nearly All Day.
An Active but Very Weak
Market for Stocks on
Wall Street.

CHICAGO Jan. 19.-Today for the first time
the relations between Chill and the United
States had an appreciate effect on the
price or wheat in this market. 1t was
near the close of the session, and the result
was the price, which had been 1c below the
closing price yesterday, jumped to point 1c
above that figure, and closed strong
The market was rather quiet during most
OF the session. Nearly everything in the way
of news was 'unfavorable to holders, and the
offerings were free with only limited de-
mand Cables reported decline abroad, and
domestic markets were nearly all heavy and
lower. The generous snowfall in the South
west had allayed all apprehension growing
out OF the cold weather. and the amount on
passage showed an increase during the week
of ISIS, 600 bushels.
There was also q cable from Liverpool
giving an estimate of European wants dur
ing the balance of the season and estimating
that the United States alone can easily sup
ply them. All these considerations. together
with the large Indian shipments reported
yesterday, made very weak market from
the start.
About the only bullish feature early in the
day was the decrease of 500, 600 pu in the
English supply, as shown by the figures of
imports and deliveries. Partridge did some
b big scaSng Near s the oRsn n he bought Had
it out at 0oasc. Baldwin and Farnum,
Schwartz upee and Mitchell were free
sellers most of the day. aud the
crowd at large were also on the selling side.
Logan IL Co. were good buyers early, but sold
considerable later. The operations of Pard
oidge and others made all active market at
the start, but it grew dull later and continued
SO until the bull scare at the close. May
opened at @sb@91ssc, against 91Ac at
the close yesterday. sold off to 9t1sc. rallied
to 9012c, and eased off to 9oA at noon. Dur
ing the last hour Logan, Schwartz-Dupee and
Counselman and Day were free bu, ers. A
rumor was circulated to the effect that the
owners OF American steamers had been noti-
fed by the government not to take any
freight engagements. bnt to hold themselves
in readiness to transport troops. This caused
a bull furry, under the influence of which
May sold up to 92Ac, and closed strong at
92lSc.
Corn was exceedingly dull. almost lifeless
in fact, at prices shade lower, but firmed up
wheat, and closed at yesterdays final fig
ures.
Oats were dull and steady, closing practi.
cally without change.
Hog products opened strong on the light
receipts of hogs and the higher prices at the
stOckyards. but outside longs and packers
were content with the prices of provisions
and the market weakened under their Offer
ings, rallying slightly at times. but with a
general downward tendency till afternoon,
when the bulge in wheat caused all upturn
which left the close only slightly below that
ofyesterday. Estimated receipts for tomor
row: Wheat, 1914 cars: corn, 200 cars; oats,
100 cars; hogs. $4,000 head.
sIhe leading futures ranged as follows: