The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-23

CHICAGO, Dec. pit was a holiday mar
ket in wheat today, the price of May keep
ing within less than cent range. Bears had
q tri1e the better of it, the close showing
3462sc decline. December was weaker and
declined 15sc on the selling of about go, 900
bu. Corn oats and provisions were dull but
steady, and closed at prices unchanged to a
shade higher.
The opening in wheat was exceptionally
slow. May started a shade higher at $40
$3.50. 1t declined laZily to 93c, recovered
again to 1880, and for the greater part of
the morning kept within less than 1ac range.
with the tendency toward lower prices. This
was due not so much to the nature of the
news as to the extreme dizziness. Liverpool
opened sd lower, but had recovered I'd of
this at the start here which rather
an encouragement to buying. and was ap
parently the only reason for the slight
opening advance There some realizing
right after the opening, which resulted in the
first decline, but after that the market
seemed to be left to drift Minneapolis and
Duluth receipts were exactly the same total
as on Wednesday of last week The number
of carloads was Az and for the correspond
ing day OF the year before the number was
1913 cars. Chicago receipts by rail were 326
cars. OF the days rail receipts 90 cars were
contract. A cargo of No northern by
lake, amounting to 122, 500 Blu, was inspected
into store and $1,000 bu and 112 car loads
of No l northern spring were transferred
from unlicensed into regular elevators. Brad
streets reported an increase of 1858, 900 bu
in the worlds visible of wheat and -four, all
of it cast of the Rockies in this country. the
stocks in and aAoat for Europe being I'M
changed. Some selling, strange to say fol-
lowed that announcement. The price of May
in the meantime had advanced to 931Ec, but
dropped to CSC again. The heavy export
clearances from Atlantic ports. amounting TO
6S5 coo bu in wheat and flour, caused diver
sion in favor of the bulls, but the Paris and
Antwerp markets sending lower quotations
at the close turned sentiment here to the
bear side, again causing May to drop to
92&4c, and at the close it was bringing $3.50
SOC. or &c decline for the day. December
was not traded in to any extent; perhaps
$500 bu would cover the entire amount for
that month. 1t ranged from $3.50 early,
down to $3.50, the latter being it's value at
the close.
Corn was very inactive. There was some
early selling by elevator Psople supposed to
be against country acceptances but outside
of this and a little scattered scalping not
much was doing The heavy days clear
ances 1883 900 blu, had a steadying influence.
May ranged from 291zc to 29Ac, and closed
unchanged at 293s3s2915c. Oats were rather
quiet but steady. Market dull during
the morning but became more active about
noon. Elevator concerns filled orders and
commission houses bought fairly well. The
selling was scattered. Bradstreet's report,
showing decrease of 1366, eco bu, fac
tor. May ranged from 22A to 22124223sc,
and closed a shade higher at 223sQ2224c.
Provisions suffered a little early in the day
from the big run of hogs. Offerings were
principally from the packers. a good de-
mand sprang up near the end of the session.
with some outside buying, and the decline
was. recovered, the closing being strong at
about outside prices. Trade a whole was
dull. At the close May pork &c higher,
at $SS21z; May lard unchanged, at $472h.
and May ribs, 214c higher at $4.57&. Esti-
mated receipts Thursday: Wheat, 300 cars;
corn, 26O1s oats. 500; hogs, $4,000 head.
The leading futures ranged as follows: