The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-12-19
DECEMBER FUTURE WAS MARKED
UP a CENT AND A
HALF
JANUARY FIvE-EIGHTHs UP
yvheat Dropped on Bearish Arsen-
tine News, Oats Gained a Tribe,
and Provisions Declined
FractiOnaHy.
Prev.

CHICAGO, Dec. 1S.-It was corn first
and the other grain and provisions mar
ket nowhere today. December corn, Tn
der active bidding by shorts, was forced
up another cent and a half, while jan
uary Shorts also showed nervousness, that
option closing at an advance OF sc. May
closed unchanged Wheat was weakened
by fave, able Argentine crop conditions
and a large eXportable surplus and de-
clined 5sc. Oats closed a shade higher.
Provisions declined 21s@E12c.
Corn started with a rush that apparent
~ indicated. considerable alarm among
shorts. Stocks of contract stuff already
low, thee was not a single car OF con-
tract corn among the 75S that were in
Spected in To-Day, and shorts who have
heretofore have been holding off in the
expectation of reaction were driven in.
January shorts for the first time showed
nervousness, and the price OF that option
advanced quite rapidly under active hid
ding. May alone dragged, although there
was fair demand for that future. Start
ing at 4CGl012c, an advance of !2@l1c, De-
censber corn jumped to 41c in the first
few minutes trading, While January,
opening unchanged at ,o61sG236i4c, adj
Vanced TO 36${ After the first hurry was
over trade quoted somewhat, but near
the close the market again showed con-
siderable strength. Shorts renewed the
attempts to cover. December advanced
TO Ale, and closed at that price. jan
/. uary advanced to. Sic, and closed~at 1854 q
.363sc. There was quite fIeef selling of
May by elevator people whenever that
-OplIOi Edi OeIlSsl. WAY ranged from 9h18C
to 36]4QS6s6c, and closed unchanged at
S54c. The worlds visible decreased 76S,-
COO bug '':a
:, Wheat opened, steady at a slight adj
vance. Higher Quotations from Efv5rp DOL
gave the market a firm undertone,
though little Improvement in the volume
of trading resulted. For some time the
market held steady within an exceeding
lY narrow range and on a small, feature
less trade, bat before noon market weak
ness developed: Again cables told OF a
large acreage in that county, and also
reported a large eXportable surplus Tri-
mary receipts were FcaVy, and contin-.
ued free nloVementk toward primary
points WAS reported. A worlds visible
increase OF. 2,532 zoe bd added to the de-
preston. and some of the most promi-
nent bulls were sellers late in the session.
May opened shade higher at T3l4G1739sc,
declnedr to 7212e and closed at 725sc
Northwest receipts were ,41 cars. against
$50 last week and 473 a year ago. Chi
cago -Teceipts were 23S cars, none of con-
tract grade. Total primary receipts We're
HS,QO0 ,bu. Seaboard 7cIeArances of wheat
and Hour amounted to 622, 900 bu
oats were featureless, but firm with
corn. Receipts were 331 cars. May
RANGED ,fsom 239ac to 23%c, and closed a
shade higher at 23$4c
Provisions were duh and weak There
We're too many hogs received at the
yards TO s,Iit traders and prices suffered
me cash business was slow and stocks
showed rapid accommodations December
closed TIC lower at SIC. 27I5; January lard
Z &c lower at $e.8212, and January ribs 212c
lower at So ~
Estimated receipts for Wednesday are.
Wheat, 100 cars; corn $50 cars; oats 49,
cars; hogs, $4,000 head
me Ieadlng futures ranged as follows: