The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-02-02
CHICAGO.

Chicago, February 1.-Another agitated
and very strong wheat market was added
today TO the long list OF the last two
weeks. The price started with jump
Of about Ia and at the end 2i4 rise had
been established for the day. Corn ana
oats were likewise stronger, but only
n;t--rcrdte-< active. Provisions also made
another small advance.
The opening of the wheat market was
surprise to the trade and set the pit III a
ferment Yesterday the closing price of
May was 65u65s and this morning a
Will shout went up for ii at from 65is to
G6is, and as soon as those who had sold
calls for the day at from 65as up to 66A
could get their voices keyed up to the
proper pitch they were shouting bids OF
662,. or IA above where the market LETT
off yesterday. The latter price was paid
before thirty seconds Of the session had
passed. In about forty minutes from
the opening and after the prices had set
tied again TO 66ls the market took another
Whirl to 81. Armour was heavy opera
tor, selling both on the first and second
advance, although there was scarcely Il
man In the pit who did not think Armour
manipulation was at the bottom of both
bulges. The trade news figures, showing
an Unexpectedly large deficiency In wheat
supplies for Europe, were perhaps the
prime bullish factor, although this was
followed up by n decrease of 1850 900
bushels in Liverpool stocks during Janu-
airy, The Liverpool cable also quoted an
other advance and there were estimates
of large decrease of the amount afloat
| Monday and in the English visible sup
ply. The total exports from both coasts
| for the week were astonishngly light
compared with the week before, showing
| a shrlnkage OF 100, 600 bushels in wheat
and flour, and the Northwestern deliveries
| continue liberal But these bcarish fac
lIgt si.,l,t g Ia, NJ a
| hullish conditions reported from abroad.
and there was heavy covering by shorts
and energetic buying and the advance
| was sharp. excited and well sustained. Az
mour made n pretcnse of selling early.
| but soon withdrew; the country was In
the market again and commission hous S
| had heavy buying orders The price was
bid up near the end 10 67A for May and
67G67h for July, and the market rested
with sellers at those prices.
Corn was strong and moderately active
in sympathy with the extreme bullishnes'
of wheat. Oats market was quiet early
but when 1t commenced TO go up there
was more activity shown and the price
ST adily advanced.
Provisions were fairly active and
stronger though the Influence Of th'
wheat furry was partially offset by liberia
sellers.
Estimated for Monday--Wheat IS cars
| corn 35b cars, oats Nv cars, HoSS -t'u'
| head.
Cash quotations were as follows:
Flour-Firm: winter patents 3,40d375
winter s;raights 2.9Q1340; spring patent
300l.3.S5; sprng straghts 2.60H2s0; baker
l0I240
Wheat-No spring 654@65a.: No.
/, spring 6eiaGG3i2 No. red 6gi4@G9&.
Coi-n-No. . 2Sss
oats-No. 2 1881; No. white 2laaA; No
white 1913. 42l-
Rye-No. 2 4ola. ,
Barlcy-No. nominal; No. 25d35; No
2AH25.
Flax seed-No. 92l5.
Timothy seed Prime S.Sis.
Mess pork-Per Dbl i06nG1065
lard--Per 100 lbs 5.,lkq5.s0.
Short ribs sides-Loose b.35N53IlA.
Dry sailed shoulders-Boxed tRm5.
Short clear Sides Boxed 5EM5R.
NNhisky-Distillers' finished goods. pc
rcar~Cut loaf ISL; graduated 5le
standard a 500.
-nuiet S1.GflSt