The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-01-06
CHICAGO MARKETS.


Chicago. Jan. 5.-Wheat started easy at
opening i,r under the closing figures of
the day before. MAY opened AT from ~ to
slisc and July from S2a,c to Sic. 1t acted
irregularly within IA narrow compass for
an hour May playing during that time
between 9fSsc and Ole The slight easter
feeling with which trading commenced
was partly due 10 crop report OF
Thoman's that made the acreage planted
with winter wheat l1.i per cent larger
than the area harvested last season; also
reported the condition now Sac against
Sale December LIST last aud estimated the
quantity i'll farmers hands ut 2i0. coo 900
bushels, or 4l.31 per cent. of last years
crop. and that there is available for eX-
port in the next six months leo 00o 900
bushels. II was also a matter of some
disappointment to the bulls that the Min
neapolis and Duluth receipts were not re-
duced more materially than as shown by
35S car loads at the two places today. as
against 441 a week ago and l20 carloads
the corresponding day of last year. Chi
cago made some amends however only .6
ears being returned as against estimates
made the day before for ~ and compared
with 1s5 the similar day of last week, and
81 year ago. Liverpool was about Is
lower to begin and dropped another u
later in the day.
The first thing the bulls got any add-
tional comfort from was the sale by Ar
mour & 90. of 10000 bushels No. . spring
wheat for export at once by rail hence
10 the seaboard. and a rumored sale OF n
further 81. coo bushels. The price was said
TO be 4lac below the May price New
York confirmed the taking for export YES
terday of 81 boatloads-496 900 bushels
there and 176 600 bushels at out ports. The
export clearances from Atlantic ports
were again liberal. amounting in wheat
and -four to 100000 bushels. That was a
sustaining factor. but when about two
hours of the session had gone and the
foreign markets were found to have
closed weak confidence began and the
buyers became more anxious to avoid
loss during the following half hour than
they had been before 10 secure to profit.
Liverpool closed sgd lower. Paris at a de
cline of from 10 ceptimes to Is centimes in
flour and 10 centimes in wheat. while Ant
werp. in addition To a drop of l2ia CEN
times for red American the day before.
reported a further decline of Il like extent
for both red winter and white California.
These features of the midday news caused
break To 90l2C shortly after their re-
ceipt. Letters agents were quite active
sellers on the decline aud the bull crowd
were apparently playing for n break.
Nevertheless it had the effect Of keeping
the smaller fry out. and at the close who
had bought in the morning had liquidaied
the loss with a little trade besides the
Letter transactions. the local crowd evil
IDENTIFY being afraid of being caught. 4
short time before the close Nav reacted TO
905sc, which proved the final figures Corn
was very quiet and price changes were
narrow. Corn ranged from 29sic and 2glac
and closed unchanged al 29isc
oats We're almost inactive as corn
and fluctuations were even narrower May
ranged from 23i4c to 23isc and closed g
lower al 23iac.
I'm provisions quite good business was
done. The days shipments were again
enormous. The close was at the high
point. May pork was 15c higher. May lard
7lac higher and May ribs 1Mloc higher
Live stock.
Chicago. Jan. 5.-cattle-Saies of beef
steers were generally firm Al s4.ajd5. 10,
the poorest dressed beef steers going for
S3S5df.0O, while extra choice cattle were
saeable at sj.2ja5.40: stockefs and feed
ers. S3.00a4.25: choice calves. S6.O)M6.2j.
with an occasional sale as high az $50.
Hogs-Sales were largely at S3.52lza3 80.
heavy packers sold at s3.4od3.55 and prime
medium weights at s3.60a3.55.
Sheep-Sheep We're in demand at S.. 00a
40 for inferior to prime lots, the bulk
of the sales being at x3.75n4.50 for natives