The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-01-25
PLAGUE N Argentine
One of Many Important Items
of Wheat News.
MAY CLOSES IS 7-8a67
Other Markets Have Troubles
of Their Own.

Chicago, Jan. 24.-Rumors that the bu-
bonic plague had broken out in Argent ma
! predictions Of a cold wave; conflicting re-
! ports of the Paris market, and Liverpool
| cables, combined today in forming a fair
| ly active but irregular wheat market, May
closing easy, shade under yesterday.
Corn closed a shade and oats &c depress-
ed, and provisions, hit by a weak hog
market and the heaviness Of trade, Close
| 71zq1Oc lower for May lard to I71zQ2Oc
for May pork.
With Liverpool sd up and a local ru-
NOR crediting Paris with an advance of
so centimes the local market opened
strong, May Ad%sc over yesterdays close
at 6714d673sc. ST. Louis was a buyer and
shorts covered, under the influence of
which May advanced sharply to size
The official board of trade cable from
Paris received later put the French mar
ket pc higher to 1zc lower With this
support withdrawn and Liverpool easing
off from early figures, the local market
declined, May selling down to 6S24 G667sc
At this juncture traders bought, playing
for rally, and there was some covering
by shorts on the strength OF a, predicted
cold wave catching the crop without snow
protection. May reacted to 6714q67sc. On
profit taking the price was depressed 10
667sG67c, where the market lowered until
the report came that the bubonic plague
had broken out in Rosario, Argentina
Under this stimulus a demand from
shorts sent the price of May to 671kG671lc,
but this gain, too, was lost, and the
close was easy, May a shade under yes
terday al 667sG67c. Up to II O'Clock trade
was active, but later, till the plague re-
port 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 re-
ceipts were 30l 900 bushels, against 6s2 600
bushels the corresponding day last year.
Minneapolis and Duluth reported 3O5 cars.
compared with 231 last week and 356
year ago. Receipts here were rs cars
none of which graded contract New
York reported seven loads taken for ex-
port. Atlantic port clearances in wheat
and -four were equal to go 900 bushels.
The cash demand was rather poor here
Corn was dull and easy, for while the
coarse cereal showed readiness enough
to weaken with the major market its
responses to any gain by the latter were
feeble. Country offerings were light and
the export business late Tuesday i'm
proved. Receipts here were only 1879 cars.
Trade was small. May ranged from 1914
to 332sc TO 33c, closing easy, May a shade
under yesterday, at S31sQ3SAc.
The oats market weakened in sympathy
with the easiness of corn. Trade was
small and in the hands of scalpers. The
cool weather was regarded as advantage
Gus to the movement Local receipts
were $50 cars. May sold from 231b Ito
231sc, closing weak, h@Ac under yester-
day. at 23A G23asc.
The provision market was weak, af-
fected by the dullness of trade, which
consisted principally of scattered com
mission house selling, and a weak hog
market. At the close the pit was entirely
deserted. May pork ranged from slOS31a
to $10.621a. and closed 1716G2oc under yes
terday, at $1O.621ad10.65; May lard from
81. GOAT. O215 to s5.s215, closing 7Iaa10c de-
pressed at $5.921a, and May ribs from
So to SSH, with the close 1Oc lower
at $5.67l5
Estimated receipts tomorrow: Wheat
SO cars; corn, 1875; oats. 155; hogs, $1,000
head.