Omaha daily bee., 1886-12-22
DULL TRADING IN CHICAGO,
Tie Bears Have the Upper Hand Of Ira ing
on Change,
a GENERALLY LOWER MARKET.
fnnctiyitt in Wheat Communicated 10
other Cereals s-Provisions Also
Easicr-Thc Cattle Demand
Light-Hogs Lower.
A GENERALLY LOWER MARKET.
CHICAGO PRODUCE MARKET,

CufcAGo. Dec. 2l.- Special Telegram to the
BrFl-'This was n very dun day in the
bread stuifs market. The wheat bears were
again in charge but they did not have ii all
their own way. The temper of the local
speculative crowd continues decidedly bear
ish. and many bull operators are working
that side "for a turn" Short sellers had
very little new material to work up into news
beyond the fact that cables were shade cas-
icr all around. There are signs OF relaNa-
ton in the money market, but the situation
j, still rather disc0uragng to borrowers anu
10 carriers of property The receipts 0i wheat
continue large and export clearances show
up well. The change in the tone OF foreign
markets seems to be in q certain decree re-
fccton Of the weakness here. The holiday
inactivity may be another factor. There
was an almost utter absence of outside bust
ness aud the wheat pit was cnvcloped IN an
atmosphere OF listlossness and languOr, The
range was ~ and l o'clock prices show
Il decline, as compared with Yesterday, of
i.c. The opening wns at Si'sc Tor May
From that point down to ~ C tile decline
was unchecked, Inquiry for wheat 10 cover
short SaleS turned prices nRh Sga,m ana a gG
ing oil to 81 c and closing at s3"sc, Inc
bulk, by no means large, of business trans
acted seemed TO be done ut 81 gWbNS'sc. Corn
was Only lllDtHrUlely NCliAt. anu lIl' hhN'N0
atiOnS were again within an cNlremcIS mar
row ran-c. At the east and abroad the SIM
alton was unchanged and the close OF busl-
ness at the regular session here found prices
for all futures about the saue as yester-
days latest bid. May dropped from I3i-c at
the opening to AZ sc, then reacted TO l!'- &c
4!s-c and closed at that. The longs sold
some and the buying was PRINCIPALLY Dy the
less December and January closing q shade
easier at 25a4c. May oats ruled steady with
sales at 3O8i iGtH0Jsc. There was another day
of light receipts OF live hogs and the provi-
sion markets ruled generally firm. The vol
umc Of trading was light, and although val.
uuS do not show material change, at |
o'clock what variations there were, as com
pared with yesterday, were III the direction
of improvements The dullne5s in wheat was
communicated to certain degree 10 nroNl-
siuns, and at no time was there much actiN-
itv IN the deal.
2:3Dp - MIN the afternoon trading the
feeling in the wheat PIT was considerably
irmer for a time, May advancing to S:i$4@
Stj.c But toward the close there was such
pressure 10 sell that all the advance was lost.
The final closingS were: Wheat stronger and
Il shade higher ut ijaic for December, tOl4c
for January. &c Tor February, iSisc for
March, s37Ec for May. Corn iirmcr at 3G c for
December, 3ja e Tor January, 1870 FOR Feb
rllary 81 lU3ia3c Tor March, ~ &c for May.
Oats firm at isc tor December, 30ic for
MAY. Pork steady at Sllj5 for December
SLIGO for january. Sll.i0 for February,
S,9.O,l for MAY. Lard steady at N6.22@ for
December, 80 .Tl% for January, 500 tor Feb
ruary, S66j for May