The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-01-25

CHICAGO, Jan. 24.-Rumors that the
bubonic plague had broken out III Argen-
tina, predictions of cold wave, conflict
ing reports of the Paris market a-d Liv-
erpool cables combined today in forming
fairly active but irregular wheat mar
ket, May closing shade under yester-
day. Corn closed d shade and oats 1s04c
depressed, and provisions, hit by weak
hog market and the heaviness of trade,
713010c lower for May lard to 1712@2Oc
down for May pork
With Liverpool sd up, and a local ru-
NOR crediting Paris with an advance of
90 centimes, the local market opened
strong, May A@3sc over yesterday S
close at 67A@673sc st. Louis was buyer,
and shorts covered, under the influence
of which May advanced sharply to 6712c.
The official Board of Trade cable from
Paris, received later put the French mar
ket from 1ac higher 20 'l2c lower. With
this support withdrawn and Liverpool
easing off from early figures, the local
market declined, May selling down to G6A
@66Hc. At this juncture traders bought,
playing for a rally, and there was some
covering by shorts on the strength OF
predicted cold wave catching the crop
without snow protection. May reacted to
67A@673sc On profit taking the price was
depressed to 6634 oslo, where the market
lowered until the report came that the
bubonic plague had broken out in Rosa
rio, Argentina Under this stimulus d
demand from shorts sent the price of may
to 671s@67Ac, but this gain, too, was lost,
and the close was easy, May a shade un-
der yesterday at 66b@67c.
Up to II o'clock trade was active, but
later, till the plague reports stirred up
some animation a little before the close,
trade was rather quiet. The conflicting
reports, the readiness of shorts to cover
and of traders to take profits, served to
give an irregular and at times nervous
market.
Primary receipts were 3S1, 600 bushels,
against 662, 900 bushels the corresponding
day last year Minneapolis and Duluth
reported 3O5 cars, compared with 23l last
week and $50 a year ago. Receipts mere
were &c cars. none of which graded con-
tract. New York reported seven loads
taken for export. Atlantic pert clearances
in wheat and flour equaled 25O,GOO busnels.
The cash demand was rather poor mere.
Corn was dull and easy, for While the
coarse cereal showed readiness enough TO
weaken with the major market, its re-
sponses to any gain by the latter were
feeble. Country offerings were light and
the export business late Tuesday lmprov-
ed. Receipts here were only l99 cars.
Trade was small. May ranged from 33AQ
S3asc to 93c, closing easy, May a shade un-
der yesterday at 931s@331Ac.
The oats market weakened in sympathy
with the easiness of corn. The trade was
small and in the hands of scalpers The
cooler weather was regarded as advan-
tageous to the movement. Local IecelptS
were $50 cars. May sold from 2S1zc to
2s5sc, closing weak, 1s@14c under yester-
day at 23A@233sc.
The provisions market was weak ar
fected by the dullness of trade, which
consisted principally of scattered commit $
sion house selling, and a weak hog mar
ket. At times the pit was entirely de- de-
serted May pork ranged from Slo.Sz12
to SlO.621a, and closed 171@@20c under yes
terday at s1O621z@1O.e5; May lard from
s6@6. C2k to 1924, closing 77k@1Oc depress-
ed at 1921. and May ribs from 800 10
s5.67, with the close 1Oc lower at $5.6712
Estimates tomorrow: Wheat IS cars;
corn. 1876; oats, 1876; hogs, $1,000 head.
The leading futures ranged as follows:
IOpen- lHigh-ILow- Clos
mo est est. ing.