The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-05

CHICAGO, Dec, A decline of &c, with
which wheat opened today, pared down
by the action Of shorts to a net decline Of
sc at the close Weak cables were
sponsible for the early decline, but the clear
ances, the largest for the season, made
fairy firm market toward the close. Corn
and oats we're firm and advanced 1s@Hc and
ssc respectively. Provisions advanced 5910e
on good spring demand. Wheat started
weak and at 5s6D7sc decline for May. Liver
pool I'd lower for December wheat, sd
lower for March and sd down for May, COM
pared with yesterdays closing rates. 3 Min
neapolis and Duluth receipts were not far
from double those of the corresponding time
of the year before. The market did not for
some time give much indication Of doing bet
ter, but in the course Of an hour from the
start it had acquired a small modicum of
f1rmness. The opening prices for May were
from S9GS9Hc, compared with S9Bc at the
close Friday. On the slight rally that fol-
lowed it sold up to 891ac. January during that
time made some peculiar changes, selling at
from S9Ac when May was 500 and at SOC
when May was bringing S9Ac, or at from &c
premium to &c discount, compared with May
price. The weakness at Liverpool was ac-
counted for by the editor of the Liverpool
Corn Trade News in a cablegram, which
said the decline was owing to selling for
March and May on orders from Chicago, and
also to Thoman's report issued yesterday.
Minneapolis and Duluth receipts were $50
cars, against 927 a week ago and 469 the
corresponding day of last year. The primary
receipts were $4,000 bu against only 532, 900
bu on the like day of the year before. The
expected increase in the visible of 100000 blu,
should it be realized, will stand cOntrasted
with 2,602, 900 bu decrease for the similar
period of 1896 The weeks eXDOrts from
both COASTS were g. 700,e0e blu, the largest but
once before for one weeks shipments. The
day s clearances from Atlantic ports were
liberal at the equivalent in wheat and flour
of $4,000 bu. Those liberal shipments, COM
bined with frmness of the Paris and Ant
werp markets, considering the previous days
weakness here, added to the recovery to a
further Sight extent. May rose to S9%c, but
reacted a little under scattered realizing,
mostly small lots, and closed at S912c, or
3sc lower than it did yesterday. December
was neglected by the general crowd and was
only heard from at wide intervals 1t sold
from 944c at the opening to 9512c, and closed
at SOC, which shows no change for the day.
Corn at the opening sod 14c lower than the
close yesterday. Receipts were 4SS cars. May
ranged from 2S3sQ2S1sc, and closed 1sc higher
at ZS12c oats ruled firm. Receipts were 3S7
cars Selling was scattered and entirely 10
cal May ranged from 22bc to 21%c and
closed AQ3sc higher at 22q22Bc. Provisions
were very firm. The market opened steady
at about yesterdays prices and gradually
advanced, closing strong at close to top
prices At the close January pork was 10c
higher at $S.2712; January lard &c higher at
$.21l2, and January ribs 212Q5c higher at
$4.2GqE2213. Estimated receipts Monday:
Wheat l225. cars corn, 45O cars; oats, $50
cars; hogs, 10000 head.
The leading features ranged as follows: