The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-05-03
WHEAT DULL, But FIRM.
liverpool Showed Faith 10 the BulIish
Feeling on Ibis Side.
ONLY TWO COUNTRIES TO DRAW FROM
America and Argentine Must Eur-
nish Wheat Until scptember--A
slump In Provisions.

CHICAGO. May 1.-The wheat market vas
dun but Arm. helped by higher Liverpool
cables and buiish feeling among traders.
closing hQA to hdssc improved, Corn closed
unchanged and oats %aMo Improved Pro-
visions suffered sharp break. closing Ira
to i211n lower.
Considerations presented at tho beginning
Of the session in Tho wheat pit were the
strength OF LIVERPOOL dry weather in the
Central area ana frosts in sections az the
west and Southwest. following rains IN Me-
braska aud Kansas Tho Liverpool advance
was encouraging. 1t indicated an anpreuia-
ton Of the general buliishuess OF tho situation
rs viewed from American standpoint. They
appeared to have concluded as has the bull
party IN Chicago. that Argentine shipments
bad passcd their weekly maximum and that
With oniv that county and America TO ue-
pend on for seven gbths OF thcir wheat tili
neat september there WAS danger Ia lowering
their bids hsiow The present level There
vas a fair cash business here go 900 bush
els. and eNnpu bids were nearer the market
New ork reported twenty five loads taken
Tor EXPORT Tho speculative trade was light
and Guil- Earlv deliveries on May contracts
were estimated at 3.uoQ.0ol bushels Brokers.
acting for elevator people, wore active huy-
ing Nav aud selling july at ~ difference
MAY lher fore Was relatively stronger tnau
close ana there was a small advance early
on covering nv shorts and d far eXport de-
mana hut tho bulge gave way lat r. 'pn freer
oderlngs but Fart OF II was recovered before
the end OF The session StabbaYd clearsuces
for two DAVIS we're euual to G92.01J bushels,
Frmhry receipts were 1900 bushels COM
pared with 360,001 last year Minneapolis
ana Duluth reported 500 cars against 80
cars last week and eSS a year ago Local
receipts were % cars July opentd SsfI nc
ever Monday an e57s to 67a,c sold between
61Ss and bfAc closing isdLc improved at
bi8Vbi'4c Nav sold between e57. and 66taFI
65ise and closed i4nisc denr ssed az e54sc,
Corn was firm nut not generally active
here and tho wheat streagth was an carly
support. There was fair trade but the
market was a ebony AFFAIR with changing
The feature. There was slight narrowing
Of tine Mas july difference, Deliveries were
about LOCO 000 bushels. mostly taken hY two
leading bulls There was good export de-
mAud New York reporting sixty loads taken
for foreign shipments
Oats were hrn. May especially So Ele-
vstor nenple took MAY with such persistence
cash situation was declared improved the
exrort demand good and there was some an
prehension over dry weather. Deliveries on
Nav contracts were 80 001 bushels, Re-
CENTS here 10 cars
The provisions market was weak ard the
| trade In beg products generally quiet. al
ihouEh there was squirt Of nervous activity
early There was no pork demand and plenty
ot stun for sale. aud In consequence there
was very light recovery. j lily uork closed
July ribs l714c lower
Estimated receipts for tom0rrow-Whcat Il
cars corn 200 cars: oats l53 cars hogs 22-
| COO head
Note--Tho rule limiting trading on the
I hoard ot trade to siNty DAVIS vent into ef-
: fcrs TO-DAY