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 a cold wave, conflict
ing reports of the Paris market a-d Liv-
erpool cables combined today in forming
a fairly active but irregular wheat mar
ket May closing a shade under yestsr
day. Corn closed d shade and oats 1s04c
depressed, and provisions, hit by a weak
hog market and the heaviness of trade,
71a010c lower for May lard to 1712@20c
down for May pork.
With Liverpool sd up, and a local ru-
NOR crediting Paris with an advance of
80 confines, the local market opened
strong, May 14@3sc over yesterdays
close at 67A @D673sc. st. Louis was buyer,
and shorts covered, under the influence
of which May advanced sharply to 671ac.
The official Board of Trade cable from
Paris, received later, put the French mar
ket from 1ac higher 20 'lAc 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this support withdrawn and Liverpool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 b3ught,
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 ID
67A@673sc On profit taking the price was
depressed to 66s4 oslo, where the market
lowered until the report came that the
bubonic plague had broken out in Rosa
rio, Argentina. Under this stimulus
demand from shorts sent the price of may
to 671s067l4c, but this gain too, was lost,
and the close was easy, May shade ull-
der yesterday at 66B@67c.
I'D 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 conn ctlng
reports, the readiness of shorts to cover
and of traders to take profits, served 10
give an irregular and at times nervous
market.
Primary receipts were 3S1,OOO bushels,
against $4,000 bushels the corresponding
dav last wear. Minneapolis and Duluth
reported 3O5 cars, compared with 2Sl last
week and $50 year ago. Receipts mere
were 26 cars, none of which graded con-
tract. New York reported seven LOADS
taken for export. Atlantic pert clearances
in wheat and flour equaled 23O,GoO bushels.
The cash demand was rather poor mere
Corn was dull and easy, for while the
coarse cereal showed readiness enough 10
weaken with the major market, its re-
sponses to any gain by the latter were
feeble. Country offerings We're light and
the export business late Tuesday 1mprov-
ed Receipts here were only l99 cars.
Trade was small May ranged from S3AW
$3.50 to 3Sc, closing easy, May shade IN
der yesterday at 331s@33Ac.
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 receipts
were $50 cars. May sold from 25'zc 10
29sIc. closing weak, 1s@Ac under yester-
day at 234@232sc.
The provisions market was weak al
fected by the dizziness of trade, when
consisted principally of scattered commits
sion house selling, and weak hog mar
ket. At times the pit was entirely De
serted. May pork ranged from $lO-Sz72
to slO.621k, and closed 171A@2Oc under yes
terday at s1O.621k@1O65; May lard from
s6@6 O21k to 1921, closing 7h@lOc dspress s.
ed at $5.921A, and May rlos from 90 90 10 -
s5.67. with the close 1Oc lower at $5.e112'
Estimates tomorrow: Wheat, IS cars;
corn. 1876; oats, 155; hogs, $1,000 head.
The leading futures ranged as follows: