The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-03
CHICAGO GRAIN MARKET.
Bulls Had Their Way 10 the Cereals and
Provisions.
MANY INFLUENCES PROVED EFFECTIVE
Decrease i'm the wheat Visible WAS
shown-Corn Was supported ny
Independent News.

Chicago January THE firmness of Liver
pool an improved cash dcmaud aud the de-
crease in the visible with the sharp advance in
provisions were combination Of builish in
tiuences In the wheat market today May
closing strong up &gsc over Saturday at the
close Corn closed isc higher Oats closed
sake higher, Light hog receipts and better
prices at the yards were strong support 70
the provisions market May pork closisg sgi4c,
May lard lI5ze and May rlos llisn-et uYuf
saturday
The qutetude Of the holiday markets was
broken to-day ia The wheat PIT aud toe hrin-
ness which characterized tint cereal despite
the dizziness OF tue lestal week was lurnea 10
decided strength today Oy an Imposing array
VI pullisn news aud statistics. Way wncat
opened &c over Saturday at 69ia3i byes prili-
elpally because OF the strength uf Liverpool,
the English grain center being Influenced Dy
4 decrease IN stocks and ~ the amount on
passage. Trade eefiy Was rather hght, but
became more active later as the demand from
;he outside increased. Foreigners were good
buyers ana commission houses had large or
defa from outside Shorts and soine others saw
reason ior buying IA sympathy with tle
strength Of the provision market The au-
nountement of the decrease IN the visible
gave more impetus to the upward tendency
Of the market which already was ever the
call figure. May assembled to 7ui4n79-s aud
closed strong AM ssc higher than SATURDAY at
Us At first tnc crowd was favorable 10 Tie
advance, but when May reached zoe. and the
visible which had been expected 10 show "A
moderate increase. showed Reduction OF
aSiyHu, they turned about New YORK rr-
ported an Improvement tn tho export do
mana. Seaboard rieafanrch 100 wheat aud
flour soon came 10 10 give more bulish iufiu
parou with t,3'9,e13 last yoar Minneapolis
and Duluth reported receipts fNr the two
days ilo cars, against lS5 a year ago. re-
relpfs here were ~ ears
Corn WIS strong, symunthi2ing with both
the wheat and the provisions markets and
SUPPORTED by independent news. Confidence ia
the hui position was tostered by the cpn-
iinued light receipts and the small country
receipts despite the good weather for move
ment Liverpool was up for both futures and
the cash article and cleararces from the sea-
board since saturday were enormous amount
ing 10 1,63lQ00 bushels the quantity on
ocean passage was reduced 5a2 coo bushels aud
the visible decreased Ggsee0 bushels Fe-
cetpts were $40 cars, considerably over the
estimate. Worlds shipments we're email
shipping houses and local interests among
Inc influential people were buyers throughout
ne advance was practically without check
PROVISIONS were exceptionally strong, start
ing with a jump, which surprised even M lss
who had been looking FOR an Improvement.
May pork showing an initial gain OF l5c Nay
lard of Ilsdl0c and May ribs 7iSIf2i5c The
advance was sharp Commission houses were
m me Pit with large buying orders from out
side while the demand from other sources wag
tNnellent and there were no sellers of pro-
duce for some Time When the market was
a. the top-up from 20c on Mny lard 10 l2i ~
ior May pork there was naturally some prAht
taking, but It's effect was trivial In compari-
son with the advance The advance was the
combined effort Of 'hc packins houses whore
liberal buying orders we're gwen out May
Fork ranged from $40 i11 l0.S7i closing g2tsr
oyet saturday, az SO 5is NAY lard from $i.in
nho2is, cinRing ~ better and NAV ribs
from s. 5oa5I5 at 'oe close. i'iAG2er in
oats were dull bul arm IN svmna,l,, ctb