Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-02-07
VIGOROUS BUYING AND COVERING
Tho Close Was Higher and wheat
Calming strength In sympathy
Went Higher Considerations Man
aged 20 Crawl Up several Points.

Chicago. m, Feb. Showed by vigo-
rous buying and covering by thu
shorts. the market led the dance on
rather merry tune Corn closed with
gain of l-sc and wheat lac. Pro-
visions followed 1t heavily, but man
aged to work their way up tribe. Oats
finished 1-2c higher for May.
The receipts of wheat at the primary
markets were almost sensationally
small in fact. aud exceedingly 30 In
comparison with those OF the last two
years, The total primary market re-
ceipts were about $4,000 bushels com
pared with lssoOO on last wednesday
and $4,000 on the corresponding day
last year. Bradstreets made a net in
crease of $1,000 in the stocks of the
world. The great strength displayed
by corn was very helpful to wheat
and caused further advance after
that.
The weakness OF the closing Liverpool
cables, dulled by the buying ardor,
caused the market to act rather heavily
80 viz AaEA AApll VI lit HGSAAHAAs -NA+A
60 l-2c at the start, the price Of May
ripped to SO S-Sc and closed at sac.
I Corn opened with but little change at
4ic for May and Influenced by early
weakness in wheat touched 43 S-4. Al
that price there was much more stun
wanted than was offered and the price
started up with a whirl, shorts cover
Ing vigorously. The market began to
sag after reaching "A 7-sc and for a
time acted heavy and dropped back TO
A 6-Sc. About ten minutes from the
close the buying was renewed with
more vigor than before and In the
end the price was As 1-2c and the pit
full Of excited traders. buying and sell
ing at that when the closing bell
sounded.
oats met with good sale and prices
Were higher May sold from 29c, the
opening price. to IS 3-4c, and then
gradually advanced TO 20 l-2e at which
price the market closed. The cash mar
ket for oats, while not very active, was
also considerably firmer and could bt
credited with helping the advance IN
the speculative crowd. The anticipated
. strum rather encouraged holders t.
await developments, and perhaps oh
, tain better prices. as the receipts fOi
tomorrow are fixed at only G5 cars.
, The provision market was quiet ant
unimportant. The fluctuations ap
peared to be controlled entirely by thu
, course OF the grain markets and "a
; they We're in the main strong, and tn
| receipts less Rian expected, provision
2 ruled firm. May pork opened 5000 IL
/ as compared with $40 yesterday after
noon 1t rose to Sl0.22 ~. and closei
zoe higher at 5000. May lard ros
, 2 l-2c at the opening, and did not var!
from that over lie above or below
: II closed at 1857 l-2 SIS compared witt
| $500 1-2 yesterday. Ribs closed witt
= sellers at S5.J2 IL against S6.22 i-2 yes
terday.
Estimated receipts for tomorrow
Wheat, Is cars. corn. so cars; oats, G
; cars; hogs $4,000 head.
Cash quotations were as follows:
; Flour-Quiet
! wheat-No. . spring. SO 1-2a56 1-sC
; No. 3, spring nominal; No. red, 50 Z
) 81 Sac.
! Corn-No ?. 4sc; No. yellow, II S-4,
I oats-No. .. 2Sa2S l-9c; No. . white
81 l-l9s2 lac; No 8 white. 81 Lie,
Rys-No. 2. 5O95O 1-2c,
Barley-No. 2, 56c; No, 8, o. 1896,
No. 4, nominal.
1 Flaxseed-No /, Sl.42.
Timothy Seed-Prime S5.Gj
j Mess Pork-Per barrel, SO O0f10. o.
; I-ard-Per 100 pounds. SO 55G6. 81 l.
U Short Ribs-sldes. loose, S5.10G5 IT,
Try Snllea Shouluefs-BONed, 0-s'
i 3-4c.
/. Short Clear sdes-Boxed. IS lOt
J, $50.
a WHISKY DistlIiers finished good
{ per gallon, il21.
: Receipts-Flour. 1900 barrels; whea
5 5000 bushels; corn, $4,000 oats l9l ,0O
= rye. $4,000; barley, $4,000,
e shipments-Flour. 10000 Darrell
" wheat. 1000 bushels; corn, 10000; oat
> 200, 600 rye, 5000; barley 1900.
! On the produce exchange today II
butter market was steady dreamer.
: l2G23c. dairy. sd20c
y iEggs--From Ice to Csc.