Ogden Daily Standard | 1916-01-20 | Page 5 | World's Markets

WORLD'S MARKETS Chicago Grain Chicago, Jan. 20. Lower freight rates from Argentina gave an advantage advan-tage today to tho bears in wheat. In this connection notice was taken of word that the French government had perfected arrangements for the announced number of grain carrying vessels and that in consequence a moro liberal movement from Argentina Argen-tina and Australia was oxpected. Seaboard Sea-board buying developed here, however, how-ever, when prices decllued. The opening, open-ing, which ranged from 1-2 to 1 1-ic lower with May at $1.23 to 1.29 3-4 and July at $1.22 1-2 to 1.23, was followed by a alight rally. Corn lacked support. Consignments Consign-ments from the country were much more liberal than recently. After opening l-43-8 to 5-833-4c lower, the market underwent a little additional sag. Oats like corn felt the beariBh influence in-fluence of prospective larger arrivals. Commission houses leaned to the selling sell-ing sldo. Lower prices on hogs weakened provisions. pro-visions. Receipts of hogs throughout i the west Tvere nearly twice as nu- !H nierous as at the corresponding time. IH last week, or a year ago. Crude Oil Advance. H Independence, Kan., Jan. 20. Tho M price of crude oil was advanced five IH cents a barrel today by the Prairie jH Oil & Gas company. The new price 1 is $1.25. JM Chicago Hog Market H Chicago, Jan. 20r-Hogs Receipts H 70,000; fairly active, 20 to 25c under IH yesterday's average. Bulk, $7.05 H 7.40; light, $6.857.35; mixed, $6.95 H 7.45; heavy, $6.95(9)7.50; rough, H $6.957.10; pigs, $5.756.90. M