The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-12-16

CHICAGO, Dec. 15.-The wheat mar
ket today weakened on the expectation
of a bearish government report, May
closing &c under yesterday. May corn
closed sc and May oats a shade down.
Provisions, supported by light hog
movement and an excellent demand,
were strong, May pork closing soc, May
lard 1212q15c and May ribs 15c higher.
Provisions were emphatically strong,
sentiment decidedly bullish and the mar
ket active throughout The opening fig
ures were over yesterdays close, the
hog supply, despite predictions that the
movement would soon be larger, being
light, and prices at the yards firm. With
the price for product up there was an
excellent demand, commission houses
coming into the pit with good outside
orders, and spectators buying with evil
dent confidence In even better figures
later on. Packers were not overly
anxious TO take profits, and as the ses-
sion progressed bidders steadily ad-
vanced their figures The proft-taking
at one, time checked the advance tenn
porarily, but the close was very near the
s. top. May pork ranged from $10.35 to
S10621a, and closed SOC over yesterday at
$1,000; May lard from $5.65 to $3.50, clos
ing 1212Q15c up at $5.7713, and May ribs
from $54505.4712 to $3.50, with the final
price 15c higher at $3.50.
Wheat was dull and heavy, there be-
ing a general disposition to await the
government crop report, which was not
due until after trading hours. The open
ing was steady on the strength of light
Northwest receipts and the steadiness of
the Liverpool market, May a shade i'm
proved from yesterdays close at 6934Q
697sc. BUYERS We're chary, however, eX-
pecting the government report to be
rather beaTish, and the market eased
off, May touching $3.50. A slight reac ion
caused by buying against puts followed,
but the close was at the put figure, the
wind up leaving May &c lower at 6912c
New York reported 70 loads taken for
export. Atlantic port clearances in
wheat and flour were equal TO 247 900
bushels. Primary receipts were $4,000,
against ,204,700 a year ago. Minneapolis
and Duluth reported 3S5 cars, compared
with so last week, and 945 year ago.
Local receipts were IS cars, one of con-
tract grade.s The flour news was not
encouraging TO holders of wheat, and it
was taken for granted that the govern
ment figures would show a crop around
650, COG, Gee which is about 50,G00,00 over
the crop suggested for September.
Corn was a bit easier on freer country
offerings and better weather for the
movement. The strength of provisions,
however, had sIeadying effect and the
market sustained only a slight loss,
closing steady. May opened unchanged,
but dropped on profit taking, losing 40
sc from initial figures. The market was
very duh, making a very languid effort
to brace up in sympathy with wheat,
but gaining only fractionally from the
bottom. Receipts, 1888 cars. May sold
from 1895 to S3c, closing 48c down at
331Bd3314c
The oats market was stagnant and
llfeless, such slight motions as it made
in sympathy with corn. The cash de-
mand was particularly slow; receipts
here, 1875 cars. May closed a shade un-
der yesterday at 241sc.
Estimates tomorrow: Wheat, IS cars;
corn, $50 cars; oats, 10 cars; hogs, %, OOO
head.
The leading futures ranged as follows