The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-01
VARIED IT'S COURSE
WHEAT MANAGED TO SCORE AN
ADVANCE TO CLOSE THE
YEAR.
OPENING PRICE THE LOWEST.
SHORTS WHO WISHED TO SQUARE
ACCOUNTS WE'RE IN THE
MAJORITY.
FEW ORDERS FROM THE OUTSIDE.
Trading Dull as the Result of u
Short Session and the I'M
pending Holiday.

CHICAGO, Dec. 31.-Wheat today varied in
course on the end of the year, and managed
to score a small advance, although tradlng
was of holiday character. Both foreign and
domestic news was encouraging as a rule.
Corn oats and provisions do not show any
substantial change in prices. The Liverpool
wheat market apparently reluctant to
extend It's sympathy to the full measure OF
yesterdays decline. 1t opened led lower than
it closed, and recovered one-hah of that
little later in the day. The opening here was
at decline of as@1Ac from the previous
days closing price, the reason for such ad-
ditional heayiness being not very clearly ap-
parent. Rain in India was said to have in
luenced some Of those who sold at the open
ing decline. Business was not enlarged by
orders from any outside source. The short
session today, and the holiday tomorrow led
to a general evening up, and, as it turned out,
the shorts. who wished to square accounts
over the pending interruption of business,
proved to be in the majority. The market
was helped somewhat by the report that
100000 Blu at Buffalo had been ordered for
ward to the seaboard by rail- presumably for
export. Minneapolis and Duluth receipts
were 261 cars, against 839 week ago, and 401
The corresponding day Of the year before.
Chicago received q cars, compared with 100
last year, and $4,000 blu were inspected cut
OF store. Export clearanceS or wheat and
flour from the Atlantic seaboard were liberal
at the equivalent of $780, 900 blu in wheat and
flour, which includes II, 1853 barrels of -four
frow Newport News. May wheat opened at
from S23sqS234c, as compared with S27s@83c
yesterday afternoon. The lowest quotation at
the start the bottom price for the day.
A subsequent rise to $3.50 was brought about,
and the closing price was S3Ac, showing 40
! 3sc gain for the day.
Corn was quiet and fraction weaker
early, but strengthened later in sympathy
| with the better tone in wheat, and the close
showed little change. In a general way the
market was about featureess. Atlantic port
clearances were liberal enough to be a fac
tor, amounting to 672, 592 blu. May opened
unchanged at 251gc, sold between 25A0255kc
closing steady at 2512@255sc For a short
! session the oats market was quite active and
business moderately heavy. The parties who
sold short yesterday were heavy buyers today
and caused the firm feeling which was promi-
nent throughout. May opened unchanged at
! 1880, sold to 1880, and closed at 1870 bid
AS for several days back, the business in the
provisions pit consisted almost entirely in
changing January contracts to May. There
! was some little straight selling by packers
| which. in the absence Of much demand had
! to be offered down little to find BUYERS
Inc net result was a slight decline May
pork closed a shade lower at $7.771h07. so;
shade lower at 1896. Estimates Wheat II
cars; corn, $50 cars; oats, 225 cars; hogs,
20, coo. 9N'
The leading futures ranged as follows.