The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-14
Close. Day.


CHICAGO, Nov 13.-Wheat was weak
on bearish statistics most of the ses-
sion. but closed steady on covering by
shorts December 1sc lower and May
unchaaged. Corn was affected by chang
ing, December closing 1sqAc lower, and
May shade higher. Oats closed a
shade lower. Provisions closed irreg-
ularly lower, January pork losing 5
points. January lard nc and January
ribs a shade. ...-
Wheat opened weak and lower. Statis-
ties were bearish and the market show
ed the effect by opening 12Q3sc under
Saturdays close, prices which were con-
siderably below puts. The depressing
tone OF news was even more emphatic
than had been expected. Worlds ship
ments for last week were over the esti-
mate Russia looming up with 100000,
making the aggregate 100000. Liver
pool was weak all day and reported good
increase in stocks. Local stocks in
creased more than could be accounted
for in the making of two private houses
regular, and the visible, with the lakes
yet to report increased 2,12S,0 with the
exception of few damage reports from
Illinois, and Ohio crop conditions were
reported perfect. Buying against puts
and little covering by shorts caused
little rally following the buying. De-
cember touched $3.50, and May 707sc, but
December failed to hold against the
liquidation which set in and the bulge
continued, scattering but persistent, TIL
near the close. December, owing to the
changing of that option for the more
distant future, sold off TO 661a@663sc,
while May advance held steady.
Near the end of the session those
who had sold short Saturday bought
literally to cover December advanced
to 67lsc and May to 711sc, at which prices
they closed. Save the animation of
the close the market was dull and heavy
all day. Trading was principally in the
way of changing from December to
May contracts.
Receipts were liberal. Primary points
reported 1,2S0,569; compared with 2O1921O
year ago. Minneapolis and Duluth re-
ported 1884 cars, as against 1,542 last
week and 1925 the corresponding day
last year. Local receipts, 107 cars 10 of
contract Atlantic clearances equaled
$4,000 bushels. New York reported 10
loads taken for export
Corn was comparatively steady at the
opening, despite the weakness of wheat.
The opening was sc under SATURDAYS
close. December 311sQ31Ac and May
bzAQ3Z&sc. Country offerings We're early
reported very small, while the decrease
In the domestic visible $4,000, was larg-
er than expected. These factors sus-
cember, which was being changed for
the May option, was heavily sold later
In the session and declined sharply, May
holding its own. December ranged from
8O7S@31c to 3119G312sc, and closed M@Hc
lower at 31Q9l5c. May ranged from
6Z14c to 3z12Q325sc, and closed a shade
hlgher at 3z12c. Local stocks decrea sed
$4,000. Receipts were 2S3 cars.
oats We're weak and shade lower,
with other grains. Fluctuations were
narrow. Local stocks showed de-
crease of $4,000. Receipts, 2s3 cars. De-
cember opened 221sG2214c, ranged from
22ls to 22asc, closed 22Ac.
Provisions were heavy early. with
grain, and failed to improve even when
the cereals advanced. The supply of
hogs was liberal and prices for them
lower, January pork sc lower, s9.:5:
January ribs shade lower, $4921a@4. s5:
January lard sc lower at S5171a.
Estimates tomorrow: Wheat. 10 cars.
corn, 23O cars; oats, 1870 cars; hogs. g. 600.
The leading futures ranged as follows:
Open High LOVE- Clos