The Montgomery advertiser., 1902-01-05
Chicago Grain and Provisions.

) Chicago. Jan 4-Cash strength in wheat and corn and . c0nsiderable revi- val of outside buying pulled the grain Saturday evening up, brought close very near to top prices all along the line. May wheat was up 5-SQ3-4c, May corn 1-2Q5lSc higher and May oats 3-S@ 10c higher. -Tr-
 The trade in wheat was largely of the same character as yesterday-nervous what skeptical as to the genuine strength of the market. The crowd was soon treasured, however, upon the ap- pearance of an abundance of buying or advanced, but as little reflected the con dition here yesterday as they did yes terday of Thursdays depression. Ant werp was unchanged and Paris was we'll was given to the foreign situation and prices advanced little under the in- huence of outside buying Reports from the Southwest stated that winter wheat was bringing more in its principal re- zion of growth than in Chicago. On the other hand excellent Manitoba wheat was being offered delivered at Montreal at the opening of navigation for S1c. Re- house business began to pick up scalpers came into the market and trade grew heavy In spite of Saturdays realizing May sold up to S1 IA and closed strong at that figure. Local receipts were 31 cars, none of contract grade; Minneapolis and Duluth reported 295 cars, making a total for the three points of 32S cars, against 4so last week and 3T year ago. Primary receipts were 526.00o bushels, compared with 470.000 the corresponding day last year. seaboard clearances in wheat and shipments were 271,OO0 bushels, compared with 2S.000 bushels last week.
 Corn opened strong and maintained it's tone throughout the short session. The ticeably, outsiders were buying and the resting bears began to wake up. Shorts became doubtful and covered. and when the cash situation was reported improv- cables were up. based, largely on poor receipts from the Danubian country. Country acceptan2es on Chicago bids were small and at the same time corn Was accepted. Receipts were small and it was said that country offerings were d"i'd Up again. Everything offered was quickly taken and the pit grew broad and Independent. May sold up to 67 1-2. Toward thu close commission houses sold for profit and scalpers entered the market easing prices slightly. May closed strong l. H'J-Sc higher, at 61 3-SQ67 1-2. Receipts were 13O cars
 Oats had a fair trade. The market worked in sympathy with other grains. On the hard spo-s the Northwest, as we'll as St. Louis had them for sale. Scalpers and local interests bought them. The advances, which began with the opening. waa a result of the cash inn provement. and good speculative buying by commission houses and local traders. Receipts were light and clearances fair. The selling was not enough to take the edge of the market for May which sold up to 4S 3-4, closed strong. 3-s@1-2c up, at 4G 5-sGD46 3-4. Receipts were g cars
 Provisions were dull and steady. Lard absorbed much of the attention. There was some changing of May for Janlary and some small outside buying of pork. ceipts were light. May pork closed 10c up at 17.37 1-2; Nay lard 2 1-2c higher , at 9.97 1-2 and May ribs 21-2c up at S.S2 1-2.
 Estimated receipts for Monday: Wheat S0 cars; corn 1855 cars; oats 115 cars: hogs fl 900 head.
 The leading futures ranged as follows: