The St. Louis Republic., 1901-01-20
WHEAT SLIPS DOWNWARD;
OUTSIDERS ARE TRIMMED.
CLOSE AT CHICAGO WAS Is
... CENTS NET DECLINE.
Corn and Oats Were Comparatively
Firm Provisions Opened
Strong, Closed Lower.
REPr BLIC Special.

.HEPJ BI>lC SPECIAL.
| Chicago. H.. Jan. 19-The much-desired
outsider who came into the wheat market
about three weeks ago has been taking his
departure gradually the last two days. An
other lacerated piece of him went to-day.
More long wheat was spilled on the local
traders. and the crowd tossed 1t about from
one hand to the other as IL it were too
| hot to hold. May wheat sold 1.c below the
| lowest price it touch yesterday and closed
at lsc net decline Corn and oats were COM
paratively firm. the former closing 1-16c
higher and the latter without change Pro-
visions. after a strong opening. declined
and closed lower than they did yesterday.
Wheat.
Wheat was strong for a minute at the
commencement OF the days business. and
then gradually declined to- the level of the
previous days closing figures. Liverpool
quoted wheat from unchanged 10 }sd high
er, and that being the only item in the
visible supply OF the early news capable OF
bullish construction was given In explana-
wSeat % at 'fr from @ TO saaTa OF i Ma
14l4g&sc. at which 1t left of Friday The
advance was certainly not suggested by
any comparison between the domestic re-
ceiving 81 cars. against II the previous
year. Minneapolis and Duluth 407. COM
ern primary markets for the day being
$500 bu-. against 10000 bu- the CORE
spending day last year. Seabord ciearances
Of wheat and fcur We're equal to ss3,0oo bu.
The latter consideration became the lead
Ing factors after the opening squirt, caus-
ing the reaction referred to. 1t was also OBJ
served that some long wheat had still been
left hanging over the market BY q
thread. Business in the pit was very
small. more than one large commission
house being without an order from outside
during the entire session The seaboard
bids for Chicago No. hard winter wheat
were from SIsc to 3Sxc under price OF the
Ian deIfyarE and I'm tn a
sent TO Liverpool S3c was the best bid c.
1. (. to that port. May sold early at 74zsa
steadily fell to 7lc. but at l:so a. m was
Hlsqff4c-
Corn was firm with wheat at the start
and trihe easier during the subsequent
change OF tone in the leader. Country ac
ceptances were again reported very small.
smaller than the number estimated the day
before. The number OF cars inspected was
a. only one OF which was contract. but the
local receipts % were HSs only ri ai cars. Of which
were of contract quality. Liverpool
opened I'D up for futures of corn and
TO I'D. The total OF the days receipts at
Western primary markets was $1,000 bu..
against fS7 900 bu. the similar day of the
ihe seaboard were sss 600 bu. No corn
higher to se i9Seg Nay sold and ssSgss sSIs
ss7sc to Sstsc. sparingly to 3sAc. then ssss9 |
3s7sc again touched ssssc TO 3ss4Q3s7sc, and |
closed at ssss 9ss7sc asked.
Oats.
Business in the oat market was very
quiet. but when favored with encourage
.nent from the neighboring markets oats
inclined to the bull sice. Local receipts were
i1s s ca1S daS oS 1b nTsvos year IN. bus abnIpep,s
hence were about the same to-day as last |
year. the quantity being 1885 bu.. against |
were again quite small. only $1,000 bu. being |
reported. Cash business was light both |
here and at the seaboard- Receipts 2e cars. |
with 3s5 estimated for Monday. No. oats
steady. with moderate trading. Nav sold /
at 25.4kc. Opened at 25isd25hc; sold at /
2s1.c TO 2Sisc: closed at 25lsc.
Provisions
Provisions were dull and the tendency /
generally downward after an upturn due /
10 dearer hogs with which the business /
of the day commenced. The local run Of
hogs was % S bead % ana tnes rss,bpr price e. trS 15
caso were 81, ,sa4 head. against ao4. ass a year
ago, Packing at Chicago TO date is q
period OF the preceding season. Liverpool
reported Sd advance in the price of lard.
May offerings were quite free and the de-
a. %; opened at sl3. 20. sold to 81. lzlz. then
Si415 10 S4 then sl4 02is, then sl4. then $l405.
then @ x to sns ana sessa
free: sales were made at 81 .459l. .52iz; opened
at 81 52is and closed weak.
Rye.
The market was quiet and steady. Very |
little inquiry for cash. even millers and dis
tillers not In need of stock to-day and !
trade very light. both In cash and futures |
The receipts were two cars and there was |
inspected out of elevators here / go SKIS. and
two cars There were no exports from the |
,ea board. No. I'm store nominally 47sc
and fresh receipts. free on board quotably |
OG5lI.c. No. in store nominaily about |
lsc and sold free on board at i9c. May |
sold al 4sifc, and closed at 1910 bid
Barley.
AT about late price spot barley was sal
able. Demand was fair. There was no es-
sential change Usually the reports Of the
market were favorable: in few instances
not SO good Some parties reported that
negotiations for round lots. with only al
rery small difference In prices between bug
ers and sellers standing In the way OF
.aies. There were some reports of sales OF
malt at a shade better prices. but this had
no influence en- the market. No very choice
70 fancy barley ON the market. and there
Inquiry was for good down TO the cheaper
rradeS. Some buyers holding on because.
,hey said prices asked were above their
limits Forty-three cars came in. No out |
)ut or exports. Screenings to-day sold at |
0d3Sisc. and poor, thin barley at 40eS42c. |
Better weight. but otherwise common, sold
II 45d4sc. and fair at 5045ic. Good COW
red q range of 52G5sc. Choice was about
sQSoc and very fancy nominally above.
Range of Futures.
0usufrg Highest Iovreet T1oza I