Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-03-21
PRODUCE AND PROVISIONS.
All Markets Firm, but Little
Trading Done.
MAY WHEAT CLOSED HIGHER,
Corn and Oats Were Very Strong,
and the Provision Market was
Firmer-A Deercsse of i,o4o-
600 bushels In Wheat.

by Associated Press.
Chicago, March 2O-Wheat was firm,
but quiet today, closing lie higher for
May after a range OF only lie. The
prospects of cold wave, fairly liberal
clcarances and the small total aaoa,
for Europe helped the price, while the
warm rains, lowes cables and free sell.
ing on the hard spots prevented a marked
top.
Corn was strong and toward the close
oats We're very strong with net adj
vance secured IN corn Of lie. and SKA
- IN oats Provisions made fair
advance carly. but lost nearly all OF II
before the close.
The developments Of the market news
during the afternoon averaged more fny-
orably Tor wheat bulls. The price. after
hanging for over half an hour within
Lille OF the closing quotation of the
previous afternoon. began To resuoul
slightly to the few bullish features oil the
mornings news. There was no enconr.
agement IN the early cublegrams which
reflected the previous days weakness
here. The northwestern receipts ,were
little lighter than on the day before.
Reports from Missouri, Kentucky and
tennessee said mat wheat WINS jointed
ami therefore easily susceptible To dam.
age by late frosts. should they occur, aud
the weather bureau here coming out with
prediction of a cold snap. caused
enough apprehension among the shorts
10 induce some cautious covering ~, OF
their exposed contracts. The New York
clearnnccs of yesterday were quite lh-
eral of wheat and flour, which likewise
helped the price little when reported.
The total put ailoat for Europe was
O,OS2,OO0 bushel. which is at least 800.
900 hushel under the estimated weekly
requirements of the importing countries,
Under the combined Influences Of the fore.
going the price OF May wheat rose from
| o. bio aud % 5-Sc, around which it
had been playing for half an hour, 60
- l-Sc. business was rather light, prln-
/ cipnlly on local account, but with some
| trade from New York, chiefly IN the way
nt buying, and with sone orders from
| 81. Louis on both sides Of the market.
Br1dstrccts usual weekly estimates of
/ the changes In warehouse stocks through
out the world and nhoat for Europe
| gave total decrease Of l,9i0,OO0 bushcl.
| The same authority estimated the de-
ccrease of the week preceding 633,0OO
hushel. There was o continuation of the
| inquiry for cash No. . spring wheat
| here with $1,000 bushrl reported worked
| by Boyden y Go. early in the session.
IL was said there were orders Ia the
market here for over 10000 bushel Of
No, 2 spring at lie under the price for
May, which, SO far, the buyers had not
been able TO secure az that limit The
closing cables brought slightly lower quo
tatons and the price almost stood still
at 81 I-Sc for foriy-Ayc minutes In the
last hour Of the session.
The closing price for May was 81 rs
MOSc. aud of July % 3.4c
The corn market was firm and made
slight gain, The Liverpool market
was quoted at a slight advance. and The
estimated receipts for tomorrow show q
large reduction from the recent average.
There was also brisk demand from ship
pers The opening price for May was
80 1885, and an advance TO 81 1-ic took
place. The advance was well main
tained throughout the remainder OF tn,
session.
A fair amount Of business was trans.
acted IN oats at higher prices The
Grmness In corn, and a stronger cash
market were also favorable Ia retaining
the slight strength that developed early
May started l-Sc up from yesterday
latest quotation, at 80 iSc,nud sold W
to 30 3.sc. Toward the close. tho mar
ket advanced to 30 7-Sc and closed with
vance was caused principally by Car
rington-Hnnnah who bid the market
up 10 30 3-Sc when shorts We're bidding
The provision market was hrmer al
the opening due TO the receipts Of onlj
10000 hogs. whereas 2l,OO0 had beer
The previous estimate. There was sUml
further advance following the opening
hut packers showed q disposition TO sci
I AalF rs aFaF