The Montgomery advertiser., 1904-01-19
Chica Grain and Provisions.

CHICAGO Jan. Is.-A curtai1ment of the worlds supply figures today helped sustain the news from the Southwest May closed at a gain of x8Ac. May corn showed an advance of <. oats of k9Ac and provisions of from 2h to i6c
 War news was not needed to make firm market in wheat. Diminishing supplies were striking enough for that purpose In addi- tion. the big bull operator was active buyer what easier on an advance in British consols and Argentine reports stating that all con- ditions were now favorable to the wheat crop. May was AGAc lower to a shade higher at SSsd9S%c and after touching e6Ac steadied at Ss$c. Buying by brokers showed to be for the account of the big long was the means of checking the early declining tendency. Lo- cal traders were disposed to sell, but the de- mand from the prominent holder discouraged such action and as a result offerings were looked earlier took possession Of the minds of the pit crowd and general buying movement developed. Among the strengthening infu- ences ware smaller worlds shipments Nde- crease in the amount on passage and the flour situation in the Northwest. In addition to these factors a report was circulated late in the day that advices from the Southwest claimed the condition of wheat was about as bad as ever known and that rain was greatly needed The leader of the longs was open buyer during the last hour and the market be- came strong. May advanced to S91s. but lost part of the gain on profit taking. The close was strong with May at SSBc. Clearances eQualed 72S. 900 bushels. Primary receipts were S39. 800. against 9es 900 a year ago. The amount on passage decreased 2.336, GOO bushels with an increase in the visible supply of I76 0o0. Minneapolis. Duluth and Chicago reported 6SS cars. against $50 last week and 665 a year ago.
 There was a strong tone in corn and higher pflces were realized. A little easier feeling prevailed at the start due to liquidation by small holders who were intimidated by a small advance in consols and the lack of any definite war news Offerings were not large. however. and were readily absorbed by com mission houses Later the market advanced with wheat and held strong the remainder of the session. May opened h1k to A9%c lower at 4SM@4sc and after ranging between 49E and 4eAc closed at 491s949ssc. Receipts. 29e cars.
 Oats were firm except for a brief period of easiness in sympathy with the lea1ing grains early in the day. The chief strengthening in- fluence was an active demand from the leader of the bull crowd. This started general com mission house buying which helped the price. After opening shade to lhQlAc lower at 4IA@4IAc. May sold between AK and 42c. closing at 4l%c Receipts. 237 cars.
 Provisions suffered little early weakness on liberal hog receipts with lower prices at the yards. but later became firm in sympathy with the strength in grains Ali Of the opening loss was regained and closing prices showed slight gains. A feature was the demand for lard for foreign account May pork closrd 2hc higher at SIS. I7h. May lard up I2hGl6c at S7. 10 and ribs were ZIG higher at SC. 67h.
 The 'eadinG futures ranEed @ S0llows;