The Indianapolis journal., 1899-11-29
NEW LEAF TURNED OVER
WHEAT MAKES BID FOR FAVOR,
AND CLOSES 5-sC HIGHER.
Oats and Corn, Except May Corn, Are
Stronger and Provisions Carry
Somewhat Easier Tone.

CHICAGO. Nov. 2S.-Wheat held steady
to-day. supported by a better cash demand
and the cessation of forced December lqui-
dation. closing asQssc higher. May corn
closed a shade higher and December &c off,
Oats finished trifie up and provisions un-
changed to &c over yesterday.
Wheat showed some repentance for It's
late weakness and the new leaf turned over
at the opening was not turned back again
during a fairly active session. The cash de-
mand improved somewhat and the forced
selling of December, which recently has had
a depressing effect, shortly after the open
ing ceased almost entirely. Liverpool, too,
set a good example for strength, and the
worlds visible, according to Bradstreet, in
creased less than last year. and somewhat
under predictions. 1,35S.oo0 bushels May
opened unchanged at 6s7sQ7Oc, and Decem-
Der 1sQHc lower at 65l4Q652.c. Shorts were
good buyers throughout the session, ignor-
ing liberal local receipts. $4,000 bushels. De-
cember advanced to 66c and May to 7o2sc.
Both options eased off trifie at the close
On selling against calls, December closing "
| @5sc over yesterday at 657sQ66c, and May
%Glsc better at 70A Q703sc New York re-
ported only ten loads taken for export. At
lantic port clearances in wheat and flour
were equal to $4,000 bushels. Receipts at
primary points were 1,12O,OO0 bushels, against
| 1,761, eco a year ago. Minneapolis and Du-
| luth reported 947 cars compared with 1225
| last week and 2,041 the corresponding day
| last year. Local receipts were eighty-eight
| cars, of which thirty-four graded contract.
Corn sold steady for May, shade easier
| for December. The market was small one
and fluctuations narrow, traders selling De-
| cember and buying May. Clearances were
| large and country acceptances reported
small. The worlds visible increased 10i-
COO bushels. Primary receipts were light,
! $4,000 bushels. against 964, 100 bushels last
year. New York reported twenty loads
| taken for export. Receipts here were 366
| cars. The opening was at a loss of 1sc from
yesterdays close. May sold from 32112 523sc
| to 3224 q S27sc, closing a shade better at 327s
| 1924. December ranged from Sic to 31lsc
| and closed Bc lower at 31c.
| Oats were steady at fraction over yes
| terday. There was little feature to the
market, save the tone seemed to indicate
! that there had been a bit too much selling
| lately. The cash demand fair, with
| a good inquiry from the seaboard. Receipts
here were 35S cars. The contract stock
| 4e1 900 bushels decreased 22s 600 bushels
| May sold from 237sc to 241sc and closed 1sc
higher AZ 24c December sold from 221ac to
| ESQ 2224c, closing shade up at 22sc
! Provisions were easy, a liberal hog move
ment being depressing Influence. Trade
was light. May pork sold from s9:571e to
$500, closing 2ia6l5c under yesterday at
S9.51A; May lard from 5000. .321a to $5.35 and
closed a shade lower at $500 321a; May
ribs from $40 to s5;lz's. closing unchanged
| at $40
Estimated receipts tomorrow: Wheat, 54
cars; corn. 2l5 cars; oats, 1Se cars; hogs,