Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1897-12-19
WHEAT DULL But FIRM.
a CLOSES HIGHER At >: i-2r-
DECEMBER aor.
Weeks tl~earances of wheat FROM
Both Coasts 4.GOi.ODO bushels,
Against G.2GG.Oo0 the Week
Previous.

Chicago. Dec. lS.-Wheat was very dul
but firm to-day. Strong outsld" ana !of-
eigu markets. and anticiIatlonS OF less
bcarish statistics Monday. caused some
covering hy shorts. resulting III H.d'sc ae-
vance in May. Other markets also leaned
decidedly toward The hun side. corn ana
oats advancing about l4c each and lroVis-
ions closing 21=a.l=c higher.
Wheat opened very tame but quite firm
at about lac higher than it closed the day
before. May %l7sc. II sold a few moments
later AT g2C and for some time held at
eI1.Ga2c. The Liverpool market. which yes
tcrlay refused to be influenced by Thurs
days advance in Chicago, was equally IN
different to-day TO yesterday decline IN
this market. The English market was "A
shade higher than il closed the day before.
some other items OF the early news were
also helpful To the firmn.Ss IN" market
showed at the opening ana Tor the greater
part OF the session. The weeks. ciearances
Of wheat ana flour as reported -. f'r'iu-
streets were considerably smaller imam
they have. been running Tor Il long time
back. TIL. amount of the weeks clear
Hnc.S from both coasts Is i.tli.v1 bushels.
against $50. $50 bushels a week ago ana
a-22.Mu bushels the corresponding week OF
tn. year before. The Minneapolis and Du-
luth receipts to-day were 80 ears. against
as last week and $40 the corresponding day
al 1>gi. Chicago received 2,S cars, against
- last year. On the similar day. Mime
apoliS and Duluth receipts for the week
were 62S ears less Than they Were the week
previous. it WIS reported from Minn"apo-
day were Armour X CO.'S wheat On
route from Eureka station TO Chicago.
Weather in Argentine Wa reported
more favorable. 3eerbOhm the
worlds shipments for the week 10 Europe
at S,-H,0ri bushels and expects a decrease
in the quantity on ocean passage. Min
stock of wheat Tor the week from ~l,u'J.VWU
bushels increase. rs reported Yesterday.
to from ,sa.upt bushels to o'p.wJ bushels
Increase. I'm addition to wheat delivered
Yesterday afternoon. for B"Cember con-
Ir.i,ia l.1Iu.0Hr bushels Were delivered out
to-day hy Armour d 20. and paid for by
Alien. Grier u teller. II had already been
taken Tor granted. however, hY the trade
that All the wheat sold TO Ercurh-Le!ter
would h. taken care OF ana thdt they
h.N, for some. time had the money in
;hc bank ready 10 pay ON demand. Outside
MARKETS showed strength. The days
,l..rlrupS Of wheat aud flour were swrIi-i
:, a total Of $500" bushels 10y the addi-
i.uuaI information that New Orleans ship
led 9t5. wD bushels Of wheat and 2,ulo bar
r,ls nj Hour. and Galveston aG.crj bushels
oI wheat. The market Recame much iiTin-
- iu tom. near the close and made ifs
best prizes Tor The day then. Shorts GOV
erred unite freely and as offerings We're
moderate prices moved up easily. May
finally rose 10 "2'-iH2'sc aud waS bring
ms Hslc as the session ended, l1sctmh"i
waS dealt in very sparinElY. II closed N
$40. or iac lower than it did Yesterday.
corn WAS dan and off a shade early pi
moderate selling hut beam" strong and
advanced when wheat did. country oii'r'
ing wrr" reported frt-r on advanced bids
from Chicago last night. May ranged from
~ a2eay ls 2N7sc and closed 'sT'4c high
Wuh-rEr exception Of about fifteen min,
ur.~' ~actIyity toward the clos. trading %
oats was N'ry duh Scllp"rS aud otter
sold short early tUt covered when wheat
advanced and the market closed strong
Elevator interests also bought, May rang
'a from 2-'s 10 2-e,". closing iio higher "a