St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-12-03
SHIFTING THEIR HOLDINGS.
Wheat Manip ulators Transfer Their In
terests From December to the
May Future.
a Very Fair Trade, Little or
No Snap to the Mar
ket.
Financial Operations Of the Money
Kings--Fhe General Quo
taii0ns.

CHICAGO, Dec. 1t was day of playing
for positions I'm wheat, and the elevator men
and few of the big operators got the best of
it. while the small operators, who were long
December W heat ut the opening, were made
TO scramble. On the whole the advices of
the day were not calculated to inspire, but
the market held pretty firm after the first
half hour. and about noon prices advanced
10 better than the closing figures of last
week. To begin with the deliveries of De-
cember wheat were large. reaching perhaps
l.50O,uOJ Du. Much of this wheat was
thrown on the market for effect and brought
back again. The Armour, the Seaverns and
the Chicago elevator companies were the
leaders i'll putting o Ut wheat. Those who
got it did not want it, and it went on the
market instantly. December opened Ac
lower ct 1850, and went off l2c
under this delivered wheat This
enabled the carriers to buy back
at a prlce nearly lie 10 wer. which they did
before O'Clock. December was at 20 l4c, or
a shade better than the close SATURDAY.. OF
course the principal trading now goes into
May, and much of the business of the day
was i'll changing. May was less affected by
the deliveries and sold Isc lowe at $40
S1sse dropped back TO J &c. and OH the later
buying and changing advanced to s lSs0
S4l2c. There was no conspicuous individual
trading The early news gave 600 cars Mt
Minneapolis AMI so at Duluth for two days.
Receipts here were over the estimate of 1875
ears, including 1877 cars eff No. wheat
Liverpool cables were firm, with spot wheat
Ad dearer, and futures tending up for
American wheat The visible supply figures
were a source of uncertainty most of the day.
Chicago increased 5DI, ,OI hu, Buffalo $685.
600. Duluth 6l,O1O, Minneapolis 5l7,OOO.
New York afiUat 7Sl,OI0. a total of
about 8, 10, 600 bu. The principal decrease
was on the canal, 1906, 'OJ bu; lakes, sos
90 Land New York city stocks 1I2,n0b. With
st. Louis held back the trade figured the in
crease at /, 400. 00J bu, and secretary stones
figures, posted at o'clock, gave the increase
at l.34S,0 ~ bu, or somewhat less than the
popular estimate on Saturday. The close
was steady at about Saturdays closing fig
ures. Receipts were % cars winter wheat,
l72 cars spring, 469 cars corn, and 49, ears
oats by rail and 3,DIu bu corn by canal.
Withdrawals from store were 9 6lS bu win
ter wheat, 4, 81 Blu spring. 262, 36T bu corn
and al ,952 bu oats. Corn was rather dull.
December kept between 3lssc and 3 ssc all
the morning. The trade was as dull as at
any time before the recent squeeze" May
fuctuated even less than December. The
FlslDie grain supply statement SHOWS an III
crease for the week Of 1880 o bu wheat
and l0I, 100 bu corn, and decrease of 1885,
900 blu oats. The statement was not made
public till fifteen minutes before the close Of
change. Little was done in provisions. Pork
was trife lower, while lard was frmer.
Lester and Baxter were the principal ellers
of pork. January opened at Si.27l2, sold
off to $500, and before the close was up to
50. 27t2 again. Oats were strong. active and
higher
The leading features ranged as follows: