Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-01-17
Grain, Produce,
Cotton Markets.
GRAIN AND PRODUCE.


CHICAGO, January 17.-Although re-
ports that many ships bound from
South America for Europe had been
sunk led to something of setback In
wheat prices today the market soon
rallied and scored a moderate advance.
Previous instances of successful Ger.
man operations on the Atlantic nave
usually had decidedly bearish innu-
took the view that the effect was more
in favor of the bull side as likely to
cause increased demand Tor wheat
from the United States. Leading houses
were conspicuous buyers and offerings
We're readily absorbed. Opening prices,
which ranged from " decline to y ad-
vance. were followed by a general sag,
but then by an upturn all around TO
well above yesterdays finish.
Corn was firm from the outset. Tho
reported wholesale sinking of vessels
in the south Atlantic tended to en-
rhasize the likelihood that Europe
would have to depend on the United
States instead of Argentina for corn
After opening unchanged to Y higher
the market hardened to noticeable ex-
tent
oats took the upgrade with corn.
There was no temporary weakness as
in wheat.
Higher quotations on hogs lifted pro-
visions. Strength at Liverpool helped
also to make the market here firm.
Wheat-No. red, 1.s6: No. 3 rec:
nominal; No. hard. nominal No. 8
hard. nominal
Corn-No. . yellow. nominal: No. 4
yslGw sshasS wn NO. ~ x as7 IS stand
Barley = 95a1. 81. Timothy - .5oa5.5 so.
Clover-12. 0oa17.OO. Pork-30.50. Lard.
1b.s5a15.90. Ribs-14.50a15.05.
Subsequently. pronounced wheat
| weakness developed owing to reports
| that some of the vessels given up for
lost were in the north Atlantic service.
Bullish advices as to farm reserves in
Kansas acted, however, as an offset in
part. The close was nervous at the
same as yesterdays finish to u lower,
with May at 1874 to 1.S7N, and July
at 1.5G u to 1909.
No important corn reaction too place.
Export demand continued. The close
was steady at / to rs net advance.
WHEAT Open. High. Low. Close.
July ........... Isl l.52 14sa 1907
| CORN
s May -: s S.. ' sss s sss 49, g..
5s;y ::::::: 81 81 81 s.: 81:
NEW YORK, January 17.-Flour-
Firm. Pork-Firm. Beef-Firm. Lard
Strong; middle west, 16.00a16.10. Molas-
ses-Steady. Hay-Steady. Hides-Dull.
Leather-Firm.
Raw sugar-Steady; centrifugal 5.27 !;
molasses. 40; refined steady; fine
granula ted, 6.75
Sugar futures opened a point or two
lower on overnight selling orders, but
there was a good demand from shorts
and trade interests, owing to the I'M
settled shipping situation. At noon
prices had rallied and showed net gains
of ! to points
Special Dispatch to The Star.
BALTIMORE, January IT Il pm.
quotations.. -Wheat-Easier; spot No.
2 red. 2.01; spot No. red western,
2-o5A; January No. red. 2.o1: Febru-
airy, FOL: steamer No. red, 1.89; re-
ceipts. 99.420 bushels.
Corn-Firmer; spot contract. 110A /:
January. 1.1oA; receipts. 1o0,217 buhels.
Oats-Firmer; standard white. 641a ;:
No. white. "a; sales receipts. 4.1a2
bushels.
Rye-Firn,; No. western export. 1856:
| receipts. 113.052 bushels.
Hay-Firm; No. / timothy. No. 1
clover mixed, unchanged.
Grain freghts-No quotations.
DAIRY MARKETS.
CHICAGO, January 17.-Butter-Easy
creamery. 81 1ka37.
Eggs-Lower; receipts. 1887 cases;
irsts, "A; ordinary firsts. 3Sa41; at
mark, cases included, 3Sa43.
Potatoes - Receipts, 20 cars; I'M
changed.
Poultry-A1ive unchanged
NEW YORK. January 17.-Butter-
Steady; receipts. 1926 packages; cream
cry higher than extras. 4oa401z; cream
cry extras (92 score). 39a391s: firsts.
35A aSs12; do. seconds. 33a35.
! Eggs-Irregular: receipts, 1902 cases /;
fresh gathered extra f1rsts. 81; firsts,
4Sa50; refrigerator seconds to frsts,
37a39; nearby hennery whites, fine to
! fancy, J7a5s; nearby hennery browns,
| 54a55
Cheese-Irregular; receipts, 1852 boxes;
state held specials, 24Aa242; do. av-
erage fancy. 23Aa24.
Dressed poultry-Firm; chickens, IS
| a2S; fowls, 16a2i: turkeys. 2oa33.
CHICAGO LIVE STOCK.