The Saint Paul globe., 1896-12-21
.THREE-EIGHTHS up
CHICAGO wHEAFoN-CROP DAMAGE
STORIES MADE PARTIAL RE-.
n 6ovERr.
FOREIGN MARKETS FIRM.
.sas- 81 d - =r..aS.-ssa. $50
DUMPING OF 1ose LINES FAILED
TO BREAK aHa STATISTICAL -
stFHoRT.
coARsE-GRAsNs gssoRED DECLINES.
Wheat sonsssh Affected in the
Lest Hour Che Pronounced
WealShess of Oats.
a
COARSE GRAINS gse1oRED DECLINES.

CHICAGO, Dec 19-Wheat today managed
to recover 7sc of yesterdays decline, on a.
.ouu : market. The steadiness displayed by
foreign markets and another batch of Argen-
lune crop damage reports were the principal
FACTORS in the advance Corn and oats were
heavy and declined &c and &c, respectively
Provisions made small advance. In wheat
the bearish feeling which has been so promi-
'nent the past week, was less in evidence at
the opening. Liverpool quotations were un-
changed, and that in itself was influential in
creating better feeling, coming as they did
after a &c decline here yesterday. Liver
pool also sent reports on the wheat crop in
various provinces of Argentina, showing a
serious condition Of affairs in some instances
opening Quotations for May were from 80BQ
SOAc. compared with yesterdays closing
price of 7913c. The price took dip to 1880
soon after the opening on the throwing over
of lot Of long wheat, but the market had
too much statistical support to break badly
from such a cause and as soon as the press
ure was removed prices went up again.
The receipts at both the Northwest points
and in Chicago were small; Minneapolis and
Duluth reported 376 cars and Chicago 36,
total of 412, compared with Cos on the same
day last week, and S27 on the corresponding
day OF the year before. The official figures
on the South Wales wheat crop showed
shortage Of 100000 bu. of home require
ments. The seaboard reported good in
Quiry for export. One dispatch from New
York said 1t was known there that a good,
steady business was being done in Chicago
wheat, all rail shipment via Boston. Millers
took $4,000 bu here. The visible supply is
not expected to show, over 250. 600 bu decrease
on Monday, and some look for small in
crease The pronounced weakness Of oats
made it's influence felt shortly before the
close. Realizing was also INDUCED in to
moderate extent, and May, which, in the
meantime, had crept up to S01sc, broke to
797sc. That was the price at the close.
Corn was very quiet with trading chiefly
among scalpers. May opened a shade higher
at 25ssc, sold at 25S @251kc. then eased off to
2516@25Ac, where it closed. Oats started
rather firm, in common with the other grain
markets, but later fell off decidedly. Liberal
receipts and a heavy estimate for Monday
were good material for the raiding crowd to
work with and they pressed their advantage.
May opened shade higher at 20@2O1sc, de-
clined to 1880 and closed weak at 1890. The
feeling in the provision pit was not pro-
nounced in either direction for an hour or
so but became firm toward the end, and
closed quite firm at slight advances all
around May pork closed &c higher at $7.921s;
May lard 21sc higher at $40215Q4.05; May
ribs about unchanged at $4021a Estimates:
Wheat, As cars; corn, 900 cars; oats, 405 cars;
hogs 4O,O 600 head.
,aadfnu futIIras ranpa6 as follows.