The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-11-18
MARKET FELT ITS OATS.
All the CrsIs Markets Participate
II the Activity.
NICE LIr1Le DAT CORNER IN CHICAGO
Two Firms Control NEARLY All the
VISIBLE supplemented ard Corn
REPRESENTATION Firmer.

| Chicago. November IA little bulge
whici, took place IN oats, and which ad.
vanced the price Of that article 7-sc, was
all that saved wheat and corn from al.
| most utter stagnation today. Sympathy
with the strength In oats put some degree
of activity and considerable strength III
both these markets during the latter part
Of the session. wheat closing 1hdl 3-sc
higher and corn advancing Nc. Provi-
sions were Arm though dull, and adj
yarced 6d10c.
Wheat was fairly strong at the opening
and for some time after. although keep
Ing within range SO narrow as to he
remarkable oven for a dull market. The
foreign wheat markets were not so bear
ishly affected by the decline OF the day
at Chicago as they were expected to be
and the Northwestern receipts we're very
mich hgiter Gables also confirmed yes
terdays dispatches reporting less ia
vorably the condition OF the Argentine
wheat crop and with such encouragement
to holders the market here opened at a
slight Improvement over yesterdays
closing prices. May starting at S9lgdSs 5-S
and selling shortly after at 80 rs. Only
few OF the smaller shorts covered and
as the bulls did not press the market the
trade during the morning was very small
with prices Keeping little above yester-
receiving points. Minneapolis and Duluth.
reported 759 cars wheat against l140 We'd
M siay week ago and 500 the correspond
Ing day OF the previous year Chicago had
III cars inspected Into store aga nSt i0f
last week and sixty-three year ago.
Liverpool had declined a-sd per Genital be-
fore trading started here. but Paris was
quoted from 5 to Is confines higher for
wheat and 70 centimes higher for later
deliveries Of flour to 10 centimes improves
ment for March-April. The market was
aided In n degree by liberal Atlantic clear
ahces. The quantity of wheat cleared
IRON Atlantic ports. was. $4,000 bushels
geihcr to $4,000 bushels The primary
marke. receipts of wheat were .0sO, 1888
bushels. compared with SiTSo5 bushels last
year. and therefore today's excess was
mot so markedly bearsh as recent sim, lar
comparisons. A dispatch from San Fran
cisco sand the price of wheat there was
cents per Genital lower than 1t sold yes
telday and New York reported the III
ference that there was little to promise
as to export demand. Tho market was
oNersold and q furry started N oats. put
ting up tho December price of that ar
ticle cent per bushel. which was ccm-
m,unic .eu 70 the shorts in wheat, caus-
price began to feel the effects of the lump
~ the coarser grain and for the first
time IN the session the price of May got
above DO IT stayed above that mark,
tne advance started by the unusual
strength and activity Of oats keeping the
market going until near the end when
May was bringing 907-S. The close was
strong at 9os4m907-s.
Corn was a duh market with practically
nothing doing except changing untbl oais
developed Its strength. This aroused
shorts and the market was transformed
mo an exceedingly lively one. Prices up
10, aral time mad been steady, helped by
whoa receipts Of but 225 cars and a good
seaboard demand. Shorts were active
b.uders during the last hcair's trading,
shn moved up steadily, closing at the top
aboard ciearances we're $4,000 bushels.
May ranged from a0qlSOIh to 20is and closed
" higher at 3oQ30M
oats were strong, the strongest thing on
uhe floor tho short interest which was
r@strictsd yesterday by the influence Of
wheat and corn having fun sway IN the
market today. The strength was started
~ the occeptance at as over yesterdays
prices OF all of last nights cable offers
from mere. and there was a general de-
n.cnd from shorts as the prices nd
Va.iced. The spread between December
and May narrowed considerably and ele
vator people are predicting that they will
COME TO the same price The fact that
Chicago contract stocks are only y7b 600
bushels, and are controlled by two firns,
was an important factor. Receipts were
~ cars. Ciearnnces i2i, 900 bushels. Nav
rance from 2 l-s to q a.. down to 21a,dp
~ ~, closing rs higher at % 5-Sd22 "a
Provisions ortned strong and although
,raae was very small all day prices were
vel maintained. Hog receipts were 5000
less than expe,'ted and yard prices were
ii@gher Trfs was the cause OF the open.
moderate. but sufficient to keep the mar
kct firm. The close was strong ut close
20 INC top nrlces. Ja1mary pork 10 higher
a, ,'Sv' January lart 2ise,5 higher at 430
ESTIMATED receipts tomorrow Wheat,
ivo: ,e"rn Az: oats BIZ cars. hogs 80 600
Iae lea1lng futures ranged as ro,lowr