St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-18
=
bULGED 1T THE END.
WHEAT WAS RATHER UNCERTAIN
UNTIL NEAR THE chose OF
THE DAY.
kDVlCEs GOOD AND NOT GOOD.
.eREDICTfoas OF ONLY A SMALL
DECREASE IN THE yIsI-
BE.
bULLIsHNEss OF PROVISIONS.
EDVCEs GOOD AND NOT GOOD.
eULLrsHNEss OF PROVISIONS.
1t Assisted the Grain Speculation
MaterialIy-COrn Follows the
Wheat Market.

CHICAGO Jan. 12-The wheat, corn and
bats markets today rose out Of rather a
heavy condition in the last ten minutes Of
the session and closed strong at the best
prices of the Gay and at gains of &c in wheat
and &c each in corn and oats Provisions
were irregular in the further advance which
they made today, having had to halt while
knocking out an organized band OF raiders
from the wheat pit who attempted to prevent
them going higher, but made costly fail
Ure- Pork closed at an advance over yester-
day of 271Gc lard sc, and ribs 10c.
Partly due to the firm state in provisions,
and in part for reasons peculiar to its own
surroundings, the wheat market commenced
the day at a little Improvement. Wheat,
which closed the day before az $3.50 for
May, had very few sellers at that this morn
Ing and plenty who bid 59zic and almost i'm
Inediately 59Hc- The early Liverpool cables
quoted advance there, and this, with
moderate receipts in the Northwest. which
amounted TO only 373 cars helped the mar
ket to advance &c carly But the extreme
dullness in trade and the report of moro gol1
shipments were weakening factors under
which there gradual decline to 59hc,
with every appearance OF going still lower,
but the fresh bIllishness Of the provisions
pit started it up again and it once before
IL O'Clock wanted AT 59Mc- But the non-ap-
Pearane of the cold wave here and the heavy
storm on the Pacific coast Slapped support,
WHICH Ildd< previously Deen an I'M
O5rusiye reliance on the bulls Clear
iences Of wheat and flour from the Allan
do seaboard were only moderate, and later
sLiVerpool advices quoted the early gain all
lost Berlin was reported as opened 1b0A
marks lower. A probable decrease of only
SSoD DID to 100000 bushels In the visible sup
ply Tor the week another point in favor
pof the bears The second advance to 59Jkc had
[1cr Its cause. besides the revival of bullish
speculation in provisions, a reported sale Of
t1U0oO1 bushels Of wheat at Duluth to go all
1ral 10 New York The market In the last
Ten minutes OF the session became quite
strong, the price Of May getting a bulge 10
6OAc- finally closing at that figure.
Corn was quiet and sold of some at one
time. Influenced by the weakness in wheat
and the expectation CT more liberal country
usnyeries- But later wheat recovered and as
prGF1slons had good bulge. corn followed
and sold up &c May opened unchanged at
closing firm with the advance in provisions
at 2SM @2S%c-
Oats were quiet and featureless Prices were
confined TO 4 naTToT range and at the close
= showed a slight advance
y disappointment in the number Of hogs re-
ceived at the sjockyards once more started
Una proV1SlGn men On hunt fer pork lard
ana lids for which they offered much higher
ngnres than were current az the session was
clcSlng yesterday Pork started at from SIC 10
I'D 80 70 and closed at that. Lard was want
ed al S5.971= as the market was close. Ribs
from $S-12A rose to S5-25. making the high
est price at the close
Estimated: Wheat 20 cars: corn- e5o cars-
pa1s, lSs cars; hogs, SOD head
Iha leading fRtunes ranged az follows