Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1897-12-05
WHEAT SHOWS NET DECLINE.
DECEMBER UNCHANGED-MAY 0P-
EMS AT Soc, CLOSES AT 50 1-2c.
Exports for the Week, wheat $780,
600 Bushels, Corr 1855, ZOO Bush
els-C0rn, Oats and Pro
visions Firm.

Chicago, Dec. "A decline Of &c, with
which wheat opened to-day.wa pared down
by the action of shorts to a net decline Of
&c at the close. Weak cables were re-
rponsible for the early decline, but the
~clearances. the largest for the season. made
O fairly firm market toward the close. Corn
and oats were firm, and advanced hc and
A@asc respectively. Provisions advanced
Eal6c on a good shipping demand
Wheat started weak and at SaAc de-
f5t1e NOR M Wheat h's I'd lower wa for N aa .1Sef a l0a
I'd down for May, compared with yester-
days closing rates. The weather had turn
over the greater part of the winter wheat
country. and the Minneapolis and Duluth
receipts were again not far from double
those at the corresponding time of the year
before. The market did not for some time
give much indication Of doing better, but in
the course OF an hour from the start 1t
The opening prices for May were from
Sse to Sskc, compared with sg5sc at the
close Friday; On the slight rally that fol-
that time. made some peculiar. changes.
selling at 8sAc when May WAS SEC, and
at SIC when May was bringing Ssac, or at
ed with May price. The weakness at Liv-
erpooi was accounted for by the editor of
the Liverpool Corn Trade News in a cables
selling for March and May on orders from
Chicago. and also TO Thornan's report, is
sued Yesterday; MINNEAPOLIS and Duluth
receipts were $50 cars, against S1 a week
ago, and 469 the corresponding day of the
year before. The primary receipts were as
sss.o 60 bushels as eEer; at sss s9ta oni Sf q ss ssoS Sag S,, Ssilg
on the III day Of the year before. Thu ex-
pected increase in the visible supply Of
stand stand c Sasnslsi sh SitS i sleo e .ed 5e Snsseis T sei
crease for the similar period of 1876. The
weeks exports from both coasts were 100
one weeks shipments. The days clear
ances from Atlantic porte were liberal, at
the equivalent In wheat and -four OF az. 600
frmness of the Paris and Antwerp mar
kets. considering the previous days weak
ness here, added TO the ecovery to a
acted a little under scattered realizing. and
closed at SsLac. or &c lower than it did yes
general crowd. and was only heard FROM
at wide intervals. 1t sold from sic at the
opening to Sic. and closed at Sc, which
shows no change for the day.
Corn at the opening sold &c lower than
the close YESTERDAY; influenced by the
x IN wheat: but good buying by
the market to react. and. on the late trad
ing. prices ruled firm. The large exports
OF corn for the week-,5S5. 600 bushels
were a builish influence. Cables were I'D
lower. Receipts were ass cars. May ranged
from 2Sssc 10 .slsc. and closed &c higher at
Oats ruled firm on buying by local opera
tors and elevator people. Light offerings
aided in the upturn in the prices. and also
caused trade to be rather limited. Sympa-
thy with corn was a factor. Receipts were
81 cars. Selling was scattered and en-
214c, and closed LGSc higher at 2zd22Isc.
Provisions were very firm. The basis OF
the strength was the excellent demand
from domestic and foreign sources for the
cash products. The shipments from Chi,
Gag for the week were SO heavy as TO be
the subject of general remark. Exporters
were credited with liberal purchases o.
january lard The market opened steady
adranced. Closing strong al ar Close TO the
top. At the close January pork was l0s
higher at S-27H. January lard &c higher a,
sis1lf. and January ribs 2lzq5c higher a,
$i.2Od4 I'll.
Estimated receipts Monday: Wheat. ~
cars: corn, 40 cars: oats, $50 cars: hogs
% 600.