The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-01-24
ONE OF THE DULLEsT DAYS THAT
WHEAT HAS SEEN IN
WEEKS.
MAY OPTION up AN EIGHTH.
THIS, WITH AN EQUAL DECLINE
FOR JULY, THE DAYS NET
CHANGES.
MARKET DEVOID OF INTEREST.
Corn and Oats Little Easier, With
Provisions Unchanged at the
End.
MARKET SUMMARY.


CHICAGO. Jan. 22.-This was one of the
dullest days on change in weeks. Trade
In all markets was simply Of scalping char
acter Wheat closed &c higher for May, but
1sc lower for July. Corn and oats were e
shaoe easier, but showed substantially no
change at the close Provisions closed I'M
changed to 2Ac lower. Trade started brisk
at an advance for May wheat of &c and about
as much in July. Half an hour of moderate
ly active trading sufficed to bring the price
back again to yesterdays closing price and
Tor some time thereafter business almost
ceased. Liverpool wheat quotations were
from 1sd to I'D higher. This and the alb
sorption by the Letter party Of all the calls
oHered yesterday afternoon were the only
features OF the news which even mildly
interested spectators and they were not
enough to inject any activity into the mar
ket. The shipments of wheat and -four
from both coasts for the week were equal
to 2,2a6, 0o0 Blu, against 5,22s 900 Blu the prev
lous week That suggested a small total
from all sources to Europe this week, much
less than their estimated requirements, and
additional bullishness on that account, 1t
was thought might be depended on next
week, in reports from European markets. The
Liverpool Corn Trade News reported con-
tlnental stocks of wheat and flour about H.
100000 bu less than they were year ago.
beerDohm estimated United Kingdom require
ment, Jan. to April 80, at 5000 600 blu
less than indicated supplies. The same au-
thority expects the worlds shipments to
Europe for the week to show a total of
coo bu. Chicago receipts were Al cars
Northwestern receipts were 359 cars, against
1888 the previous Saturday and 176 the cor
responding day last year. The primary
Western market receipts today were 372 $40
bu, against 49, 57 blu the. similar day of last
year. The days Atlantic port clearances
were small, $4,000 blu wheat and -four Clos
ing cables from Paris noted from centmes
to Is centimes improvement and from Ant
werp decline of 12h centimes for one kind
OF wheat and unchanged for the other. Heavy
snow was reporf07 falling all over the ex-
posed winter 1t country, and as this
was the best thi.g for the coming crop. it
had depressing effect on the market dur
ing the latter part: of the session. May,
then recovered te@921tse, but declined again
to 91a4G917sc, and at; the close was bringing
92c. July opened at S4SsGS41bc, declined to
S37sc and closed at s4dp841sc.
Corn practically at a standstill May
ranged from 30c to 29%c and closed un-
changed at 297s@30c. All the little trading
In oats was all at price. May closed a
shade lower at 235s q 2334c. The market for
provisions in the main was very dull. At the
close, May pork was unchanged at $9.7712;
May lard 219c lower at s4.77h@4.SO and May
ribs unchanged at $4.SO@4. S21a. Estimated
receipts Monday: Wheat, 40 cars; corn, AIS
cars; oats, 275 cars; hogs, $4,000 head.
The leading futures ranged as follows: