The representative. [volume] (St. Paul, Minn.) 1893-1901, 1900-01-04
CHICAGO GRAIN

CHICAGO, JAM 3.-The irmness of Liverpool :;
the visible with the sharp advance in provis-
ions was combination Of bullish influences in
up A@Nc over saturday Corn closed 1sc and
oats h@Ac higher. Light hog receipts and bet
to the provisions market, May pork closing s2lsc
May lard TIC and May ribs 17G2oc over Sat
broken yesterday in the Wheat pit and the Arm
ness which characterized the cereal despite the
guinness o,adn OF the festal week was turned to de-
clded strength by an imposing array Of bullish
news and statistics. May wheat opened NC
over Saturday at es1.@ssssc. principally because
center being influenced by decrease in stocks
and in the amount on passage. Trade early
as the demand from outside increased. Foreign
ers were good buyers and commission houses
some others saw reason for buying in sympathy
with the strength of the provisions market
gave more impetus to the upward tendency Of
the market which already was over the call
strong A@Sc over Saturday at .7ol.c At first irst
the crowd was unfavorable to the advance but
had been expected to show a moderate Increase
showed reduction of $4,000 they turned about
nor deman rspofssa an in the es
and flour since Saturday were equal to $50 Goo
e1shss f rf6 ,s essps SIS 20 bushels
cars cars 3 ssainst SIS year ago Receipts hers
strong. sympatheti with both the wheat and
the provisions markets and supported by indie
pendent news. Confidence in the bull position
was fostered by the continued light receipts and
small country acceptances despite the good
weather for movement Liverpool was up for
both futures and the cash article and clearances
from the seaboafd since Saturday were enormous
amounting to 900 bushels. The quantity
on ocean passage was reduced 592, 600 bushels
and the visible decreased 7ss, 900 bushels Re
ceipts here were $40 cars, considerably over the
estimate. Worlds shipments were small Ship
ping houses and local bull interests, among
them influential people were buyers throughout.
The advance was practically without a check.
May opened &c up at 32Nd33Sc and advanced to
33ssc, closing 1ac over Saturday 1914 @33Ac.
provisions were exceptionally strong, starting
witt a jump which surprised those who had
been looking for an improvement. May pork
showing an initial gain Of 15c, May lard 7l46foc
and May ribs of 7l4@1211c. The advance was
sharp Commission houses were in the pit with
large buying orders from outside while the
demand from other sources excellent and
there was sellers for some time. When
the market was at the top-up from 2oc on May
lard to 42lsc for May pork, there was naturally
soma proat-taking. but its effect was trivial In
comparison with the advance. The advance
was the combined effect of light hog receipts
where liberal ones had been expected of higher
prices at the yards and the small January de-
fveries-L000 barrels pork: 1900 tierces lard
and $50. 900 pounds ribs. May pork ranged from
$40. 6091O 87x, closing 321sc over Saturday at
SO IN: May lard from s soae 02h. closing 17l1c
better at IS and May ribs from s. 6015 IS with
the close 11G20c improved at IS. 70d5 72h Oats
was dull but Arm in sympathy with other grains
Scaipers who were shorts were the best buyers.
Selling was scattered Local stocks increased
600 bushels. Local receipts 221 cars.
May ranged from 2sh@24hc, closing Aa3Nc over
Saturday at 24c. Estimated receipts Wednes-
day: Not Obtainable.
ftfu UoJ foil