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Show MILLERS CAUSE DROP fill PBICEOF WHEAT Small Demand for Flour Reflected Re-flected ill Quotations of Chicago Grain Pit. CHICAGO, Jan. IS. Bocauso tho flour business was reported poor and millers discouraged, wheat today lost an advance duo to sleet and Ico southwest of Chicago. Chi-cago. Tho close was at a net decline of Ac to Sc. Corn, compared with last night, showed a loss of 4c lo c, oats were down c to gc, and provisions were irregular, 25c off to 15u up. The wheat market was active, but within with-in a comparatively narrow range. Lightness Light-ness of primary receipts formed a valuable valua-ble aid to the bulls. Threatened freezing of fall-sown fields, especially In Kansus and Illinois, was, however, the main reliance of buyers. Many belated shorts and investors took on good-slxed lines. The call for cash wheat displayed scant improvement, amounting to practically nothing. Flour manufacturers in particular particu-lar were said to be handicapped by fear on the part of would-be purchasers that manipulation In the wheat pit threatened threat-ened evil results. Attention to this aspect as-pect of affairs llnally resulted In a rather sharp dip In prices. The final tono was weak, with May c net lower at $1.01. after changes that during the session had run up from that price to $1.01a1.02. There was much short selling of corn by lesser traders, who refused to follow the prominent speculator who has been covering so consnlcuoualv. Mav varied from 50c lo 501c, closing easy c down at 504c. Cash corn was in fair demand; No. 2 yellow finished at 47fz)471c. Oats tended to shade downward with corn. The high and low levels for Muy were 35(R)354c and 34!(3)34F;c. with latest flguros the cheapest of the day. gc under un-der twenty-four hours previous. Offerings of hog products increased in a surprising manner whenever there appeared ap-peared to be evidence of support. The trade was restricted and the finish ranged: Pork 15c higher to 25c lower, lard 7c to 10c down and ribs at a decline of 5c to 7Jc. RANGE OF THE LEADING FUTURES. "Wheat Open High Low Close May 1.012 1.02 1.0U 1.01 Julv 96 97S D6a 971 September . 051 P5& 95J 95 Corn , Mav SOU 504 50 501 July HIS 511 51 511 September . 52 521 51J 52 Oats May 341 351 344 34& July 343 35 341 341 September' . 33 33a 3S 33S CASH QUOTATIONS. Cash quotations were as follows: Flour, slow; No. 2 rve, S5Jc; feed or mixing barley. bar-ley. 70g)S0c; fair to choice malting, 90fji 96c; flax seed. No. 1 southwestern, $2.57; No, 1 northwestern, $2.70; timothy seed, $10.20; clover. $15.00; mess pork, per barrel. bar-rel. $20.00(920.50; Jard, per 100 pounds. $10.25; short ribs, sides (loose). lOS'gi 10.75; short clear sides (boxed), $10.75 11.00. GRAIN STATISTICS. Total clearances of wheat and flour wore equal to 3200 bushels. Primary receipts re-ceipts were 397.000 bushels, compared with 730.000 bushels the corresponding day a year ago. Estimated receipts fof tomorrow: Wheat, 12 cars; corn, 24G cars; oats. 136 cars; hogs. 28,000 head. Flour, Sugar, Etc. NEW YORK, Jan. 18. Flour, steady, with demand poor. Receipts, 21.055 barrels; bar-rels; shipments. 240 barrels. Wheat Spot, easy; No. 2 red. $1.00 ele-va.tor ele-va.tor and $1.00 f.o.b. afloat: No. 1 northern north-ern Duluth. $1,232 f.o.b. afloat. Futures market steady early on coverings on unfavorable un-favorable crop advices from the southwest, south-west, but declined under liquidation, closing c lower to c higher. May. S1.04.S to $1.05 9-16. closing at $1,015. July closed at $1,032. Receipts. 2100 bushels. Mops, firm. Hides, dull. Petroleum, steady. Wool, steady. Sugar, steady. Muscovado, .59 test, 3.01c: centrifugal, .96 test. 3.51c: molasses mo-lasses sugar, ,S9 test, 2.76c. Refined sugar, su-gar, quiet. Ooffco Futures Steady. NEW YORK, Jan. IS. Codec futures closed steady. Last prices, showing a declino of from 19 to 21 points for the day. Sales, 83.750 bags. January, $11.24, February, $11 33; March and April, $11.41; May. $11.42; June. $11.36; July. $11.32; Ancnist. S11.2S: Sentembor. S11.20: Octo ber. $11.10; November, $11.10; December, $11.07. Coffee Spot quiet; Rio No 7. 13ic: Santos. San-tos. No. 4. ll(JM4c. Mild coffee nominal; Cordova, 133lo!Je London Wool Auction. LONDON. Jan. IS. Offerings at the wool auction sales today amounted lo 11,109 bales: Good wool sold briskly at opening rales, but inferior gi-idcs were slow, and coarse crossbreds declined 10 per cent. Americans bought sparingly and most of the offerings were taken by the home trade. Flax, Oats and Bye. MINNEAPOLIS. Minn.. Jan. IS. Flax closed at $2.G8. Corn No. 3 yellow. 44r. Oats No. 3 white. 3107)314e. ' Rye No. 2, SOSlc. Cotton Closes Firm. NEW YORK, Jan. IS. Cotton Hosed firm at a net advance of 9ffill points |
