The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-12-26
WAS 1T QUTETER AT
CHICAGO.
THERE WAS A SLIGHT BULGE,
THE CLOSE OF THE DAY
BEFORE.
THEN 1T HELD ON QUITE STEADY
Other Food Products Were Proper
tionateIy Sustained Through the
Routine of a Dull Day.

CHICAGO, Dec. 24.-Wheat, after trying to-
day to divide its favors equally between
bulls and bears, finally showed its preference
for the bulls and closed with an advance Of
hQssc. Business in all departments had very
much Of a holiday character, and there was
not enough change in prices outside OF wheat
to call for comment. There will be no session
of the board of trade until Monday.
Wheat opened &c higher than it closed yes
terday, probably the tamest start since the
day before Christmas year ago. The situa-
ton was without change of moment so that
the local speculative position was left to adj
Just itself calmly and without pressure to the
exigencies Of a three days tie up of business.
Liverpool opened with I'd added to the pre-
vious days closing quotations, and the North
west receipts were again small, 339 compared
with 446 on Thursday a week ago. Chicago got
thirty cars and $4,000 bushels were inspected
out OF regular warehouses.
The tone Of the market was rather heavy
after the opening, and up to about IL o'clock.
May, which closed yesterday at 81A0Ssc,
opened at from SLY to S15sQAc, gradually
sagged to S11sc. 1t rose again when at the
latter price rumors of considerable cash busi-
ness In wheat for shipment to country mills
began to be circulated The market kept firm
during the last hour, although there was no
accession to the volume OF business. The
good cash demand for milling, the rumor Of
nOefal engagements to 60 to the Seaboard by
rail, the firm closing cables, all helped to
sustain prices.
The editor Of the Liverpool Corn Trade
News cabled that wheat and flour on ocean
passage would decrease heavily in the next
two weeks, and that caused the heavy Liver
pool buying of wheat in New York observable
there for some days back. The market here
became strong on that and closed at S1Ac, the
highest price of the day.
Corn was very slow, but held steady, huct-
uating only Ac, with an easier undertone.
The local receipts were above the estimate
but cables were strong and the clearances
from the seaboard large-about $50 900 bush
els. The firm tone to wheat caused corn to
close 1-l6c over its closing price yesterday
May opened unchanged at 252sc, sold between
2oasQHc, and 25Ac, closed steady at 253s@
hc.
Oats were tame with sales few and far be-
tween, not transaction of over $4,000 bush
els being reported. Prices confined to a range
OF 7sc, and held about steady following wheat
and corn. May opened shade higher at 2Oc
sold at 1870, and closed with sellers at zoe.
There was a fair trade in the cash depart
ment and no material change in prices.
provisions were just as dull as the other
markets, business being almost entirely local
and in small lots. Prices at the opening
showed comparatively no change A slight de-
cline followed free offerings by packers, which
was recovered with the closing strength or
wheat. May pork closed a shade higher at
S7.871a. Lard shade higher at $3.971z04. 90;
May ribs unchanged at $3.971k.
Estimates Saturday: Wheat, 81; corn, 325;
oats, 275; hogs, $4,000 head.
The leading futures ranged as follows: