Omaha daily bee., 1901-01-22
COMMERCIAL AND FINANCIAL
Nay Wheat Makes on Ascension Of Cent
and More.
LIVERPOOL INFLUENCES GIVEN THE CREDIT
pat. Rempin Unchanged, Corn S'imh-
a Fraction higher and Provisions
Take FnII Of Twelve and
Onc-BaIf Cents.

CHICAGO. Jan. 2l.-Small worlds ship
mcnts higher cables and a strong Cash Hl'-
uation were potent factors In an advance III
wheat today. May closing lHlisc mgher'
Corn closed isc up and oats unchaneeu'
Provisions at the close were 212dlZ'7c lower
NAV wheat opened isqasc to shade
higher at 7la,c to 7Htc. Liverpool was the
influence. showing an advance IN the race
OF The decline here Saturday but so much
long wheat was for sale that the trst safes
were At widely varying figures. and mo-
mcnt later the market touched IAsc' me
situation. however. was bullish The word
shipments were only 5,32SOO bu, compared
with g. 36g. 900 bu the week previous. ANT
werp reported the breaking o1t OF inc pu-
boniC plague i'm Argentina and was s4iu 20
have bought heavily Of wheat az san + rau-
cisco There was a better demand TOT nour
and this impaired strength tn the casI
wheat. Before the opening II was aSs"t'ou
fifteen loads had been taken Tor EXPORT n,,s., a.
ing by sold -out bulls and covering by snotts
began a the tap of the gong and continued
the session, tho market advancing win ohly
fractional checks ocCasiOnCd by proht TAX
ing \ decrease OF Gl9,WO bu helppd eustaIn a.Il
the advance. but the main support caIne
from the strength OF cash wheat. Inc
amount taken by exporters was constanty
added to, til at the clos" the bonrd whs
claiming 1n loads. Export sales from
western ard northwestern points aggre-
76AGCI67sC then took place, but this was toi-
lowed by further rally to i0'sc ana the
close was strong, May lnllsc higher az
75iac. Primary receipts aggregated '93'on
bI Minneapolis and Duluth reported oiO
cars against siNty-four last week and 437
a year ago. Local receipts were siNtN-siN
cars two Of contract grade. The amount
on ocean passage showed an increase OF
$4,000 bu.
Corn was moderately active. but the range
was narrow. The market early followed
wheat closely, but the pace later came TOO
fast and the market settled back almost
entirely Cn an Independent basis. The news
was hardly as favorable for the Coarser
grain az wheat. Cables were easy, receipts
graded better ana the visible increased
1.ll5,t1 bu. Shorts were the best buyers
early. aud the trade, excepting few out
side deals, was I'm local hgnds all day.
were 5iS cars May sold between 3Sa.c and
39n39'sc and closed firm, sc higher at SS1sa
800.
oats were moderately active. The market
felt the wheat strength. but during the
afternoon eascd on on selling credited to an
Influential operator. Receipts were 300 cars.
May sold between 25l.d25@sc and closed un-
changed at 2jC.
The tendency I'm the provisions market
was easier Hog receipts were under the
estimate, but prices at the yards, never
thC'ess. were weak and this was reflected
by a decline I'm provisions at the opening.
Buying 10y Z prominent speculator caused
rally later, but Il was not supported and
sH lOdlil24 and 1890 and closed l2lsc
lower at $l392i2; May lard between $3.50 and
81 42lP, closing 2Iac down at SI42ia. and May
ribs between $40 and S7O21h. with the close
DC depressed at S7O5.
Estimated receipts tomorrow: Wheat. 95
cars; corn, 200 cars; oats, 3D5 cars hogs,
30 600 head.
The leading futures ranged as follows: