The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-26

CHICAGO Nov. 25.-All the grain and pro-
Asion markets appeared to be suffering from
too much turkey and mince pie trimmings
today. Dizziness was the rule, and prices de-
cIined Wheat shows loss OF 1sq1zc. Corn
closed &c lower. Oats are shade lower.
Provisions declined 212Q5c.
For a few brief moments following the
opening wheat made show Of strength,
somewhat surprising in view OF the weakness
shown by foreign markets. Liverpool al
ylsed decline of cd before business started
here, and London reported English and lof-
eign wheat difficult of sale at Sd decline. Ire
cash situation, however, apparently oveIshad-
owed foreign weakness for the time being. A
reported sale OF 650,0G0 bu Of cash Whe@t at
st. Louis for immediate shipment, an amount
one-half Of the total available supply at IN II
point caused a moderate amount OF covering
by the small fry and in the absence or any
particular selling pressure the opening Irlces
were maintained for e short time. May start
ed H@Hc higher at 66AQ667sc, Dscemoer
opened unchanged at 671k6I675sc, but the mar
ket soon turned weak. Perhaps the p!ggsst
factor in trading was the figures on the Ar
gentine exportable surplus. They were woe
at variance, London cables giving the estl-
mates at from 81 900, 900 to &C. 10000 bu. But
even the lower of these amounts was for IN
excess Of last years exports, and this tact
had its effect. Northwestern receipts WEI q
l463 cars compared with SO last week
and LEAP a year ago. Chicago receipts were
131 cars two OF contract grade. Though
showing some falling on, the receipts we o
heavy enough to suggest that the hindrance
10 country shipments caused by the late
storms had been about overcome.
Tn 10 about IL o'clock trade was very &C.
pressed. The biggest traders favored the bear
side, and their selling, though not parucu-
larly heavy, was influential In causing scat
tered liquidation by the crowd and In con-
tracing the buying demand. December de-
yeloped the most weakness, selling on 10 &C
MAY declining to 66B6G61sc. The market
showed signs OF recovery for time rolioW-
ing that decline. There WIS large ca q
being
taken though 260, 600 blu was all that eou q
be definitely confirmed, and the seaEo3ro
claimed 80 loads taken for export. rms
stopped the liquidation in degree ana en-
couraged buyers prices recovering to STAG
67Ac for December, and to 6f9sWoi74c lor
May But in the last half hours radlhg
support was almost totally "lthura"n n Ia
the market, although nothing now OF Dear
ish nature developed, and prices slowly &C.
clined. Final prices were near the bo!tonl,
December closing at 66Bc and May at G67sV
Corn was weak during the greater part OF
a rather duh session. Local bulls did con-
siderable liquidation in the expectation OF
larger movement in the immediate futul e.
STEADY cables helped the market at the start.
The seaboard reported 60 loads taken for ex-
port and a good local cash business was
done. Receipts 20 cars. May ranger
from 341sc to 34lac and closed 1sc lower al
Oats were extremely dull but rather firm,
considering the weakness Of other grain ma :
kets. Offerings were very light. Inc CUT
freight rates were factor, enabling shippers
TO keep oats moving east Receipts were 1SS
cars. Cash and export demands were gocd.
Nav ranged from 26c to 261&c, and closed
shade lower at 26ssc.
Provisions we're dull ard a shade low r,
mostly in sympathy with corn. There wa:
come outside buying, but packers ohered all
expected next week ard this had its eff5 ct
The crowd was disposed TO sell on every ight
rally. Cash demand good. Al the close
January pork was &c lower a, $40 Janu-
Sry lard 2IbG5c lower at s5G5.O219, and Janu-
airy ribs &c lower at S5.15
Estimates for Saturday: Wheat, 200 cars
corn. $40 cars; OATS 235 cars; hogs, 5,OoJ
head.
the leading futures ranged as follsws
lOnen- High Low Clos