The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-24

CHICAGO, Nov. 23.-There was apparently
a general desire today in all the board Of
trade pits to even up over the holiday. Prices
declined in consequence. Wheat closed 14g
&c lower. Corn declined 1k@ssc. oats, so
nc, and provisions 51712c.
Considering the ligh ness OF receipts here
and in the Northwest wheat had an easier
start than might have been expected. De-
oembeC opened unchanged at 6SQ6S1sc, and
May 1sc lower at 67Q6i1sc. That there was
an undercurTent of 1rmness, however, was
shown at once. Covering by shorts and buy
ing % increase long lines started at once,
and though not at all heavy, the demand
larger than the offerings and an advance took
place in both options, December selling to
6S?se ana May to ta7sg6I12c- NorInwest re-
ceiDts were only 328 cars, compared with
1893 last week, and 1872 a year ago. Chicago
receipts were 131 cars, only one Of contract
grade. This big falling off was attributed
altogether TO the recent storm. Liverpool, as
usual, was factor, but bear one, as the
sd advance which was chronicled there at
the opening Of this marke, was a failing
off from opening quotations, and was con-
stdered hardly full response 20 yesterdays
advance here. The advance brought out
considerable long wheat. There was also in
creased liquidation on account OF the aatness
Of the New York market, and conflicting
reports regarding the export demand. The
result was a slow decline in May to 66s oslo,
and in December 6734 1870. For some lime
after the market was narrow one. A dispo-
sition was shown to even up over the holt
day and the varying moods Of traders caused
frequent, enough moderate changes IN value.
About 1870 the market flrmed up again.
Seaboard reports claiming moderate accep-
tances of cabled offers proved correct New
York reporting about So loads taken for ex-
port This was afterward increased to 20
loads. Sales here for export amounted TO
10000 bu. Minneapolis reported large
flower sales for export. The near approach OF
the close of navigation appeared 10 be in the
minds of foreign buyers. Liverpool quota
lions came stronger at the close. showing I'D
advance for December and sd for March.
Late in the session the market turned weak
again. The weaker kneed holders of whea.
were apparently unwilling to remain long oven
the holiday and put their wheat on the mar
ket. There not being any special demand,
closing prices were about ne lowest of the
day. December closed 9sgAc lower at 61$s9
6714c, and May hGssc lower at 663sc.
In a general way corn followed wheat al
though there were Independent features in
fuencing the market. New York reported
very active demand at the seaboard with
here were fair also. This caused al adv nee
in prices early. The cold weather a
big bear influence, traders figuring 1t would
improve the grading of new corn. Toward
the close the market broke sharply on heavy
selling by leading longs and closed weak.
Receipts Were light, l29 cars. Cables were
firm, and higher. May ranged from 34%s TO
S5c. and closed 1s1 sc lower. at 343sc.
Oats were weak and lower. The market
lacked the support which has been the fea-
ture of late and "a her free selling by local
Sympathy with wheat and corn was the fac
tor. Receipts were light, 1872 cars, and there
was a good cash ard export demand. May
ranged from 261k @26hc, and closed $sq32c
lower at 2614G26asc.
Provisions were fairly active The market
was firm early, when grain markets showed
f rength but when they broke the provision
market followed the decline. Packers were
free sci ers. At the close January pork was
nc lower at 915 January lard sc lower at
s. O. and January ribs 2i9G5c lowr st A.67h.
Irctima 90 tomorrow. Wheat lAD
corn. eco: oats I75 hogs. 20 600 head.
The leading futuros ranged as follows: