The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27

of1ICAGo, Nov. 26-Liquidation of De-
eeiioer wheat was the; feature on change
touay' Inc December premium entirely dis
appeared and the option closed Aa&c under
10y. weak cables and heavy Northwest re-
s SIP, Were factors Compared with yester-
oa5 ngureS, December c,osed 15sQJkc lower
ana May 9sG1ze lower. Corn declined 96hc.
oa1s 7sc' ana provisions about &C.
n-in opehed at about Fridays closing
e p r0. May STARTING at 66&q661sc. and De-
reDer at e6tse. There was no apparent
reason for the steadiness and after abont
o Iaa, an hour of dull trading, at about the
c ceT,tihig prices, tho market weakened per-
e ~ december ceiling off to 669s@66Hc.
i ssiu May 6oA Q663sc. Those prices marked
1 3ie nottom OF the decline for the time being.
~ I caxer even recovered a trif1e, ADVANCING
" fUo5sc. pct 1t was evidently hard work to
maintain prices. There was no ENCOURAGE
neht to holders in the early news LiverpooI
a. : dno'ugn unchanged for spot wheat was IA
~ V"er Tor futures Northwest receipt,
S, heaVy enough to influence he market
aiIlne1p0ls and Duluth reporting / AGO cars
e con C with 1,4s5 last week. and S27 yeal
contract grade. Total primary receipts were
very heavy, coo blu. New York reported
vs. W. eALort demand carly, but later 40 loads
were reported taken Bradstreet's MI. the
weeks shipments of wheat and -four AT :
$500 bu. From the start there was a good
yea yea OF december liquidation and holders of
CO.. p13cognlng somewhat alarmed at the
~ lhuaI humping of December on the mar
het which became quf heavy when North
west markets developed weakness also threw
oveIpoard part OF their holdings Weakness
VI the coarse grain market was an additonaf
thcenuVe TO sell, and at times there appeared
- De no snort interest in The market for
Dec51hoer at least. Towards the close. De.
eeiiloef holders apparently became somewhat
ueiloIaEzed and May, though given fair sun
Poit, was dragged down by the quick declinA
OF the nearby future. Some recovery tool
place from bottom figures. but The market
was very weak at the finish. MAY closed ~
oo:Suo6c and December at 655s6%c
corn was relatively as weak as wheat Cod
weather was the chief bearish factor Soma
important lines OF long corn were sold out
ana snort selling was prominent The marker
received some support when weekly "puts''
were reached. Cash demand WIS hardly so
good as heretofore. Clearancas were moder
81 e and receipts were light, S62 cars. Nav
ranged from 1895 G33%c, to 345A S4Hc and
closed ssQ12c lower, at 33% 033Kc
oats were weak with wheat and corn
There was general liquidation on the part
OF longs, and prices went steadily downward.
cash dennd was less urgent but prices
were steady. Receipts were 273 cars Nav
ranged from 26c to -2615c and closed 81,
lower at zee.
The break in grain markets and unexpected
heavy receipts of hogs exerted depressing
influence on provisions and prices were a lit
tie lower all around. Trading was not very
heavy. Packers did most of the selling, and
local shorts were prominent in the buying
A. ne close, January pork was &c down at
800 January hTd, 5G7lsc lower at 81 o.
and January ribs &c lower at $45715.
2 Estimated receipts Monday: Wheat $50
cars corn. 2l5; cats. 1855; hogs, 80. 900 head.
The leading futures ranged as follows: