The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-19
SLIGHTLY ADVANCED
Almost Entirely influenced by Livcr-
pool for Three Days.
TUE BULL CLIQUE bid THE BUYING.
Reduction IN the Price Of Flour IN
the OBSERVATION-DISCLOSURES Ell
evators Doing hut Little.

Chicago. January is.--For tho third day IL
| succession wheat was Influenced almost en-
tiroly by Liverpool The sharp advance II
that market as result OF unfavorablc Ar
gcntine and Indian news. caused an opening
advance OF u In May and the advance was 50
shown at the close The feature was The
buying of july by the bull clique Corn and
oats were dull and closed shade lower.
Provisions made small advances and had the
best trade In week.
Wheat got a good scnd-off from the early
cable news. May was wanted at from ei%
TO 9iIz at the opening, against 90 7-s@el at
the close the previous day. Liverpool adj
,anced I'D and the reason given for It COM
promised several items Of considerable I'M
portancc.
The poorer crop prospects in India were
mentioned as the chief item. Heavy rains In
Argentine were reported to be unfavorable for
wheat. and the continent was said to be
taking the arrived cargocs of coasts In the
United Kingdom. London quoted cargoes on
passage and of coasts Sd to I'd higher The
only disoord In the foreign business was that
Paris reported n continental reduction in the
price OF -four and I0c reduction in wheat.
Minneapolis and Duluth receipts wero $50,
against as the week before, and 2ss the same
day of 1897. Chicago got sxty-eight cars.
Advces from the Northwest were TO the
effect that farmers were doing very niue,
and country elevators were being gradually
emTtied by the Inducements being offered in
the way of premium for cash wheat over fu-
lures,
Considerable activity was impaired to the
dealings in July by the buying of that fu-
ture. The operation was supposed TO repre-
sent the raking in Of spreads for group of
st. Louis spectators July opened ut Sic
aud was advanced to S2h by the undoing of
the ST. Louis spread and May, which did not
while July was making the rise. Bradstreet's
report OF the worlds visible made decrease
of 900 bushels In stocks east of the
Rockies and 100000 bushcls decrease In and
ailoat for Europe The reduction on the car-
week of last year was 4,0o06DO
bushels The market weakened on this show
ing Of small reduction in Europe. notwlth-
standing the diminished worlds shipments in
the last few days. The Liverpool market re-
ccipts were 346.h70 bushels, against 2O53SS the
year before. Atlantic seaboard clearances of
wheat and i'our were equal TO i27, 900 bushels.
July sold Mt SIS at the close and May after
dropping to Ok, rallied and closed at 9l3sm
nlik.
Corn was duh md prices late In the day
were inclined to drag. The market early was |
firm. at a slight advance due principally to
sympathy With wheat The exceeding large
Increase in the visible supply . 2S5 600 caused |
some decline. and the market closed lower
Oats moved In narrow range The mar
ket was firm during the early part of the |
session, but closed easier
A good trade was done In provisions cspe- |
tally during the morning. There was some
lecline from the high points but the close
was steady. May pork, 5G7is higher lard a |
ihade higher and ribs ~ higher.
Estimated receipts Wednesday: Wheat Is |
AIRS: corn. $50 cars: oats, $50 cars and hogs. |
600 head
The leading futures ranged as follows: