The times. [volume] (Richmond, Va.) 1890-1903, 1895-03-13
CHICAGO.

CHICAGO. ILL, march l2-At one
time To-Day wheat WAS ~Ithin traction
Of beng %. higner tnan yesterday ciOsv'
d. n4cu saIn was not 10 ne sIeeIeu a.,
,nc buns teenng Brateiul Tor the relIei
from their past woes ana the bears not
exactly TeLsnIng the situation. lheIe
was drop from the outsiue shortly De
fore the close on an onslaught or snort
sellers, Wlth much realiZlhB gong Oh
at the same time. Inc Government
placing the farm reserve at f5,VJUOJO was
primary the Justification OF the adFahcc'
put BradsTeet report OF d decrease IA
the WOrid 3 visible supply OF lJ14,VV
bushels was "A secondary motive. Inc
zc. OF appreciation was ADDED between
the close last night ana the Opehihs'
so that the usual accompaniment OF Ca
element ana agitation was MESSING
The Daily Trade Bulletin criticised tue
Governments estimate Of wheat SUI.
visible, tanning from l0J.uOJOVQ DusneiS
10 lu5OJU,OUt bushels would De iHoIS
proper. Inis no doubt tempered inc
ardOur Of spectators, giving rise, as IL
ana, TO doubts as to the Agricultural De
partments accuracy Gables were UNI
IOrnly firm, LlVerpOOi quoting "a du-
vance with Paris ana antwerp ui-
changed. Baltic and Indian shipments
for the week were 2,JDlViD DusHtl9' ~
American exports added stu lcIt import
ing countries 100000 bushels short OF
their estimated requirements. W nm
dI0Wals from store were 't,',1 ptsn1til,
and 3i2,Si0 bushels cleared from AtlaMtlc
ports MAY wheat opened from .h'sc.
TO 56..c. sold between JGisc. and Jilgc.
closing at 5t4c., 2ise higher INA man yen an
ADVANCE of iUll4c. per busheL
COrn-There was quite d similarity be
tween the opening OF wheat ana thdt OF
corn. but the action during the day an
fered materially. The fun gain that was
established over night was not main
tanned, professionals and the large com
mission houses that had long lines TAX
ing advantage of the bulge and selling out
their holdings the Government maze
a low reserve IN farmers hands. but
the tip yesterday, which was largely
played by the talent, was for even less
than the Washington statistics gave.
When the early operations were over
the market turned 70 wheat, receiving
some help from that quarter. Prices
di1 no. again reach the point where they
began, however, and the close was quite
tame. Receipts were 81 cars ana lJi'6lZ
bushels were taken from store. Liverpool
cables were 1Wld. higher. Export GEAR
auces were N. 2S2 bushels. Bradstreet
reported decrease in available ttocks
Of 2J2.OO bushels. May corn opened
from .4TlAc. 10 nc. sold between 1Ol@c.
and 4Il4c., closing at 1850. Cash corn
was l.c. per bushCl higher
Oats-EVen the booming wheat ana
corn markets were without ability 20
lift the oats market from the rut IN
which il has been for so long. There
was a slight advance, but the trade was
very slow and dragging, Bradstreet $
gave IL decrease in available stocks of
f22G0J bushels. May closed lluaSc.
higher than yesterday. Cash oats were
4fn15c per bushel higher.
MISUNDERSTANDING except for brief
period, succeeding the opening did not
partake of the good feeling that perme-
ated the grain markets. 1t was evident
that Armour was selling. Notwithstanding
an interview Of his published in the
morning papers advocating bullish prin-
cipies. The hog market was weaker
which was another reason for the lack
Of strength in provisions. The close
was. 2Rc higher than yesterday for
MAY pork. 50T5c.i lower for May lard
and &C.. lower for May ribs. Domestic
markets wera firm and higher and Liver
ICnl reDorted advances Of meats.