Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-04-05
WHEAT lakes A Squirt.
ANOTHER ADVANCE OF TnREn
CENTS A nusHEL.
Pork Also Climbs IN and Vics with
Wheat in the Rapid strides sky
wnrd-rhe Corn Market Gets
the Fever, but 1t Is siider.


Chicago, Ill, April 4.-wheat shot
upwards today and advanced Sc and
closed i-2c higher for May, The
crop damage reports caused the bulge,
and despite the heavy selling OF Par
bridge and Kaufman who poured out
several million bushels, May closed
only S-sc from the top. The trading
was unusually heavy,
For some time in the early part OF
the session It was a matter Of uneer-
tainty whether wheat or pork would
furnish the sensation of the day.
Wheat made the more sensational adj
vance, but pork was good second,
with an advance OF 75c at one time,
and with 90 of that held to the end
Corn and oats We're dun but arm,
each gaining about a-Sc
Wheat opened higher under some
orders: an advance OF 1901 l-2c over
Mondays closing prices. May tut
ures opened with few sellers at
G1 1-Sc, but there were numerous buy
ers at 81 l-2c and the same time at
81 Use. The seaboard clearances OF
wheat and flour were very heavy,
amounting to about 100000 bI&ela
from the principal Atlantic ports,
The worlds shipments OF wheat and
flour for the last week outside Of what
went from the United States and
Canada, amounted to l,SS20OO bushels,
the total afloat was i,SiO,000 bushels,
instead of about 100000 bushels
needed by the importing countries.
Prices appeared no object until May
had advanced to 63c and n shade
higher, and July 20 GA Sac, as against
62c ut the close OF Monday for the
latter delivery There We're sales as
high as SO 1-sc and then a reaction to
60 lie, followed by another bulge TO
&c, and the price was 81 7-s469c at
the close.
The corn market was but slightly
affected by the great bulge In wheat.
Trade was dun, and although an adj
vance of 3-Sc took place the purchases
causing that gain We're apparently
on the expectation OF still greater
amount Of sympathy with the wheat
market May opened at from 81 5-SW
81 3-ic, against 81 3-Sc at the close on
Monday, II rose another eighth to
81 use and closed AT 81 3-id87 Use.
A quiet and embarrassing session
was passed in the oats market. Prices
opened hrmer, IN sympathy with
WHEAT anu AbAApNfh AiAAA AEltAA W. an
its fluctuations. May opened 81 1-4c,
sold down TO 81 1-Sc and up TO 81 1-ic
1t was offered at that price at the
close, and 81 1-4c was bid.
The hog products We're active and
considerably higher. Pork led in the
advance. jumping up 75c per barrel in
the course OF the day and holding
90 1-2c OF the gain to the close. Brok-
ers, supposed to be buying for Armour
and company We're active, and the
packers generally We're apparently In
clined to favor the advance. a light
run of hogs Is expected for the near
future. and to that was ascribed the
bulllah feeling prevailing. The hogs
receipts today We're 1900 head. and
the price at the yards was reported
from 5Ml0c higher. Lard and ribs did
not show so much vim in the way Of
adding TO their former value as did
pork but they closed with virtually
all the Advance OF the day held. May
lard closed 30c higher, and May ribs
81 1-2c higher.
Estimated receipts tomorrow: Wheat,
70 cars; corn. $40 cars; oats, 40 cars;
hogs, $4,000 head.