The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-04-26
CHICAGO GRAIN MARKET.
Phillips May Corn Deal Was The
Feature on Change Yesterday.
MAY WHEAT ADVANCED ~ CENT
May Corn Closed 1-5o Lower. Oats
Closed Unchanged and Provisions
2 1-2c to 1-2c Higher.

chicago, April 25,-What looked like
inc beginning OF the end OF the phlllips.
Nay corn deal was the feature Of spocnln-
tipn on change today Though heavily
SOD this option closed only nc lower.
wheat advanced on damage clalms an.
moderate receipts, May closing l6r higher.
oats closed unchanged ana provisions ~,
40 TO W. improved.
rue basic strength Of the coru mnrkot
ihdcpeFlent Of The manipulation which has
made speculation tn the MAY delivery a
nefVe'racking proposition was s1own by
tNe yellow cereal during today's session OK
'he hoard Of trade. Phillips credited win
attempting to RIM corner sold at lcast
Z"p'm0 Of May corn and III doing 30
showed how Arm was his mold ON the
market. Although nuruftafIons ,,,., IL
lest the closc found May ISc Inc price
az which the bull leader had admtttrj ~
Willingness 10 sell. Meanwhile he bnu.,hr
w. nllrn July as he had sold Of the nearer
tsutuIP' ne IA irkei fer MAY Opened We
l9Ntr TO Ac higher M 477a To- 49, 4 hic
elevator huusc, through its rnDrrscutntfy,.
onrr'h PHILIPS fsc fer SOUOpO hnghp.s ar
may ana goi H. Othrr shorts ia Wild
alarm trlcd 70 "uYcr and sont :he fugrLer
10 w. me highest price OF the crop for
ihi5 ueilFcfy 10 lew minutes phl'ips
snid at the top aud all the way down
90 lsc a this price his roaliziug stopped
Iic icft the pit for time. and ihls XIV,
rise 10 4 runnr that he mad made d prl.
lHte SCI Iemeni VITA shorts, Fearing lhat
lilr mHtkct was about 10 collapse, M H.
dId following tn" private settlement of thr
N"Ntmber deal. scattered longs hastcncd
&" unload aud May broke 10 i7Hc phulips
sHarp rally 10 l0M followed Later the
W1rEet got back TO ifte hut again re-
covered aul fhc close was ~ ialkc nuucr
}rslcrdaE. II Is estimated that phillips
10
$50 bushels. II IS figured chat there win
he this amount In store here MAY | and
that / win be- delivered to him II Is
regarded as highly probable that the last
remnant nf the short Interest took lts
medicine today. foday's receipts were gcv-
onty-lwo cars the smallest IN years Fr1m
this the general market derived much az
rs hnlllshncss. July corn sold hciweer
at 49,
Tho market for wheat was active. strong
aud the broadcsi In wcekS May opened h
Ntlic lower At ~ Ia 7l5sc In synputhy with
au easy tone at liverpool ani because
The weather was highly satisfactory TO
farmers, Liberal snlca were mnde nt She
start, bat there was demand OF such
breadth that aB tttempt was made TO gel
the stun back, The market ia consequence
rAllicl to I21, and later. Influenced by TAM.
age reports FROM Kansas sbrrc II was
parent, crowded up 10 13N f3iS Realizing
sllcs caused a reaction To- T2&c during the
afternoon. Int the close was strong, -
higher at 129Ac The cash markct was
dull Receipts SO cars.
oats were fairly active aud nrm in SYM
patty with wheat and corn Receipts $50
cars Provisions were quiet lni hrm IN
sympathy with an advance In prices at The
yards Fluctuations were narrow
Estimated receipts tomorrow Wheat 20
cars; corn 30 cars; onts - ears; hogs
2OO00 head
The leading futures ranged as follows: