The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15
in The GRAIN MARKETS.
Scalpers Had the Better Of the Days
Transactions.
LIVERPOOL CABLES MUCH FlRaER,
Foreign News Was Encouraging 10
enc BuIiish EIemcnt-Armcntiuc
News Not Extremely Dcarish.
LIVERPOOL CABLES MUCH FlRAER,

! Chicago. January 14.-At the close OF duii
seaipinE session in wheat today May snoWe'
a decline OF about &c. Firmness al LiVef'
| pooi steadod the market early, but weak con
t.nenta. cables and selling by the Letter ~
tcicst caused marked weakness late IN th'
dey. Corn and oats were practically nj .
standstili and closed unchanged. Provisions
showed 2isc decline as the result of heavy
selling
In wheat, Liverpool showed I'D decline at
the opening. but before business commenced
here Ii showed I'D advance over yesterday
price. 1t started prices here at an advances
OF isfiic, and as later cablegrams reported
continued nrmness at Liverpool the Pl,ecs
here kept creeping up by small irac,ions
during the hrst hour and half. May open
cd at g0Mas0s4, compared with yes. ua ny
closing OF 9oE. Though the demand WIS
limited, yet offerings were almost totaii. ~
sent and by IL o'clock so5sqsl was quoted,
News from Argentine was not SO ne ,'r,,si
as yesterday and the lessening OF that pa ,,,,.
sura was, OF course, felt Private cabiegrans
from. Liverpool said that Argentine onorlhss
wero decreasing and that market was n nlaei
In consequence, and the LiNerpooi AZ a..,d ,ho
News, In another cablegram, connrmeu inc
lesscned offerings from Argentine: one ieat,
urs OF the Argentine news that did mol lena
any assistance to the buying was me eApo' ,
served as an indication to the trade that the
crop had now commenced to move towara
the consumers.
The Chicago receipts were 81 cars, against
is the same day year ago, Minneapolis ana
Duluth reported S6i ears, against 3SS week
ago and 80 tho corresponding day OF last
year
The market had good deal of encourage.
ment from the liberal exports and ruled
strong until the receipt of closing cablegrams.
when an easier feeling prevailed. Liverpool
maintained Its early strength. but Paris noted
declines in wheat of ldlAc per bushei Tor
and 1isc for May and June.
The market did not begin to feel the full |
effect of the weak continental cables until |
about half an hour from the close but in the |
absence of any appearance OF anxiety abroad /
to come after wheat here in any large guam |
hts the feeling became bearish. Letter bro |
ed, which started liquidation from other
sources, and In the last ten minutes of the
session the market was very weak. May |
finally sold down TO 9o19Ok and was at that
price at the close. 1t was reported after the
close TINT Beerhohm had chartered for 1.000,
no bushels OF wheat for Letter
Trade In the corn options was lighter than
on any previous day of this dull week Only
was done, and price fluctuations kept within
Nc Light receipts and the early nrmness
II wheat gave the market firm uudertoue,
which was apparent to the end.
The oats market was quiet but steady
Throughout. There was moderate commits
iion house buying
Provisions were euliyened by enormous SELF
ne of pork, lard and ribs, supposed to be for
Cleveland plunger. At the close May pork
VAS 2lsI5c lower lard a shade lower ana
lbs 2iac lower.
Estimated receipts for tomorrow--Wheat q
lead. '
The leading futures ranged as follows:
s,,J