The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-22
IHE GRAIN MARKETS,
OFFERINGS Of ARGENTINE SCARCE.
+ 0rsath II fmdta Lent strength 10
vtheas- rrncticaily ~ change IN
CorR, Oats or Provistons.

Chicaso January 2i.--After advancing Z
cent on the remarkable strength Of English
4 narkcts. wheat natfened out and closed un-
:. changed for May. but July held T@,ac OF It's
gain. Heavy Argentine shipments rather took
tho wind out Of tho bulls calls Corn and
oats showed little more activity, but sub
stAntlaliy no changes In prices. Provisions
}. closed unchanged 10 TIC higher. Il.
In wheat spccuiators were trcnted TO q milo
4 sensation nj the opening by the action OF the
Liverpool markets. the quotations. from tnerc
spring On the spot had been raised ia per
GENITAL. and even the London cargo market
showed an advance Of from J to vi per quar-
May opened here with jump TO 92ts. with
rofue sales ut the same time at p27s. The
Z closing price yesterday was p3A. July. Started
ut sIssdsiM. Outside markets were also very
etrpnE, especially Now York and Minneapolis,
and this had Its eject.
The reason for the strength Of tho Liver
n0ol market was said TO be on account OF
tho growing scarcity o. onnrings from AZ.
tho farmers deliveries IN thnt country were
retarded by rain aud that plenty would 10
Forthcoming later that ths area In whrat
had been large, the yield heavy aud that no
reductions H. The cstinatcd export or sur
plus were being made. But another reason
for Liverpool's strength was the continuance
OF drouth In fndin and Notwithstanding tho
earlier statements OF scarcity OF Argentine
offerings.
There was plenty OF selling. both OF July
and OF May. many holders taking advantage
OF the sharp opening advance to realize. but
declines OF only about sc occurred
Chicago receipts wore 20 cars OF wheat;
MINNEAPOLIS and Duluth received 2JS and 341
q week ago. and 276 the corresponding dny Of
tho year before, Primary Western market
receipts, all told were l0s 900 bushels. ugainst
2si.uoo the year haforei Minneapolis stacks
for the week were expected % show an In
crease of 100000 bushels, and Duluth boo. 900
bushels incrHosc, md OH that basis the ostt- j
mate OF tho week u oxportt3 ~ decrease OF
100000 bushels In the Visible Is looked for.
Liverpppiis closing prices showed net gains
for the day OF sd Tor March md May md I'D
Tor July. Paris noted y confines doulinc In
January lour aud q advance, In Murch-.luiit.
Antwerp nlyanced lstsc IN both red winter
and Waila-Wnlla. The plparAnees from At
lantic ports We're equal 70 G3b.BOD bushels.
The market here began TO weaken after
tho posting OF the weekly shipments from
Argentine, which rather confirmed tho earlier
report cabied concerning the large surplus.
Tho shipments were given at a2S,0Gp Settling
became quito free after that and It was tho
impression that thu Loiter crowd liquidatcd
some Df their July and May holdings May
declined to 9ia4 ana WAS bringing DlM al the
close July sold down 10 81 and closed at
that
4 fairly good trade was done In corn, with
cut any material change IN prices. There
was rain throughout tho corn belt, cahea
We're strong aud tho Western, shipmenta we,o
small. @&ls
Oats showed some Improvement. md No
movement mt the time was firm. There was
good buying OF May for New York aefpunt.
Prosisions were actise Mt the. start, prin-
cipaiiy. Tho close was ensisr, with May PORK
changed. s41.s sF. ss n
4 Estimated receipts Saturday wheat, a.
e ssns corn 400 cars; oats, 2s5 ears. hogs.
The lenalur f,tnrn. ,a,,.sd n. ,,,,n,,..