The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-01-26
WHEAT IS ON THE JUMP.
Cent and a Half Higher On the Day,
Five Coats on the Week.
1T WAS A DAY OF EXCITEMENT,
And tho Trading was Enormous- Germ,
Pork, Lard and Ribs Shared Ia
the Upshoot.

Chicago, January 25.--Trading In wheat
was enormous. May wheat wound up ~
cents higher than 1t was selling for at
the end OF yesterdays session. about
cents higher than week ago. That 1t
was oil due to Armours manipulation
was the general opinion Of the local
crowd. The other markets. were strong in
sympathy with wheat Corn IL up ~ per
bushel and oats arc l cent higher. Pork
gained 2'is cents. lard ~ cents aud Ribs
i2,s cents.
1t was a day OF excitement In the wheat
crowd. Quick. nervous flashes OF I'm
patience marked tho various transactions
and big traders stormed through the tur-
MOL of the pit in their eagerasss to seize
tho key of the enigma. 1t was sentiment,
apparently, more than the uews, which
gave the market the big bulge. Cables
were q tritie better; the political situation
abroad was more peaceful; there were no
wheat clearances fron New YORK and
only about 100000 bushels In wheat and
hour from both coasts and In Additions to
this Argentine was said to have Sh,pped
se,gO bushels during the week and rri,ate
cables were received announcing that the
port Of Odessa was opened and that wheat
shipments would soon he resumed. The
Northwestern deliveries. 1876 cars, Were
primary deliveries also liberal.
But all this could not ropress tho energy
Of the bulls, and there was sncn Wild
buying that every short soon got On the
run and there was an exciting struggle
TO cover, where there was hardly any
thing TO sell except Ut what seemed to
the buyers fancy prices, but wnien they
finally concluded 10 pay. Right ut Tho
start there were sellers at from da94 down
to bSip, hut at the lower of these Prices
the offerings were confined to a tew ~, es.
for which there We're twenty puyers for
every one offered ard after tcw ire
, urinary plungcs and rccoycries between
/ Gia. md 81 tho price took "A SDDOs nD 10
| 65, reaching this inside OF the nrst icrty
minutes The fact that the exports from
| both coasts for the week we're buV.u 600 busi.-
| els larger than last week ana that another
| large decrease In the visible Is expected,
exercised powerful Influence ~ star'ing
| the boom. brokers generally credited the
| almost lightning changes to Armoir m
! nucnco and many Withdrew 10 view tho
smoke of battle from quiet nook. tut
! thc bull sentiment seemed to u" IN mo
| air and needed but little encouragement
| 10 keep 1t going. ON the bulge some OF NO
big buyers begun to nss,, va, mu. I'm"
stll carried 1t upward. May cios'hs NJ
Corn was fairly active, but all Its
strength came from sympathy with wheat.
very active market was reported tor
oats. Prices were strong throuShonI
| Provisions were strong ana Iniriy hc-
tive and while there was very light run,
| Of hogs, which Of iteelf was suggestive oI
higher prices, It took the excitement ana
bulge IN wheat 10 give the shorts suhi-
cient TO frghten them In:
Cash quotations were as follows: 49,. ~.
t1our-rrm; winter patents "'soHsov: !.
siOdiS.2s, spring straights 2Aou2.'o; bakers
Whoai-No. spring 62qs@f6s%; No.
spring b2i4: No. 9 red 66isabIss.
Corn--No. 7S9s, 80 o,.,<,o,,
oats-No 2 ipitn1Ols; No. white 2oSd2i;
No white 1aiamY,
Mess pork--per bbl l0.GOalQIo
Lard-Pcr 100 lbs b,77lfQt5 10.
Short ribs Sides Loose b.i1ld15.2sl
Dry sailed ahoulders~-Boxed ssyuo.
Short clear sldes-Boxcd bMIb4s
Whisky--Dis tiilers finished GOODS pen
gallon, % re,