The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-12-08
WHEAT IS Up HAIF A CENI
POSSIBLE RUPTURE BETWEEN
PORTUGAL AND HOLLAND
HELPED
CORN AND OATS FOLLOWED
Provisions Lost FTactiOnaIIy on
Lower Cables and a Decline
in Prices for Hogs
at Chicago.
CORN AND OATS FOLLOWED

CHICAGO, Dec. Higher cables light
Argentine shipments, and rain in that
country, together with reports of better
cash demand and fears of a rupture be-
tween Portugal and Holland, combined to
help wheat today, January closing 12c
hgher. Corn closed a shade to AC, and
oats 1sC up, and provisions 212@t5c lower.
The wheat market began the day with
a show Of frmness on Liverpoors stead
mess in the face of the loss here yeSter-
day, the light Argentine shipments ana a
cable announcing that rain was inter
1ering with harvest work in that coun-
try. January wheat opened N03sc higher
at &c to nQI1sc, and sold during the
first half hour to INC. The crowd was
inclined to be beaush, however, and the
bulge met liberal selling under the the
CRY Ihdt continued liberal receipts and
outside unWilhngneSS to buy We're not
conditions calculated to sustain prices.
January therefore was gradually pressed
DOWN during the forenoon 7012UI05sc At
TINS point the market was reinforced by
a fresh supply Of bulliSh news. Mime
apolis reported SITTER cash demand.
A rally set In to na8c, and the close was
trIn at Zee over yesterday at 1Mc. New
York reported Is loads taken for export
Sedb0ard c4eardnces in wheat and -four
We're equal TO 10000 bu. Primary re-
ceIpts aggregated 800, coo bu, compared
with $4,000 bu last year. Minneapolis
anG Duluth reported 467 cars, against / 1862
(tWO days. last week, and $40 a year ago
Local receipts We're IS cars, none of CON
tract grade. Argentine shipments for
the week were $4,000 bu, compared with
$4,000 gu the previous week, and 712, 900
bu year ago.
Corn started out strong, particularly
Tor December, which fele keenly tins, fact
that the receipts, 211 cars contained no
corn Of contract grade Light Argentine
shipments, S6500G bu, compared with 1885,
WI bu the previous week, and $4,000 5u a
year ago, higher cables and the wheat
strength, were contributary factors in
SUSTAINING prices early. December was
IN good demand early but was offered
dIGeiy on the bulge. May was rarEer
quiet throughout, ranging between 3oBc
ana 562sc and closing a shade higher at
5b3sa3tAc. December sold between 31aMc
and 3SAc, and closed &c up at 377sc. Light
1ecelptS, small shipments and the usual
!ack of interest ruled in the oats mar
ket. May sold between 2934c and 237sc
and closed sc higher at 237se. The wneat
strength was the chief influence Re
celpts We're ISL cars.
provisions opened lower in sympathy
With drop in hog prices, and because
Liverpool quoted bacon Sd lower The
marEet steadied with grain. January
pork sold between $12.25 and S121215, and
closed &c lower at 1920; January ard
between 1921 and $6S715 closing TIC
down at $3.50, and January ribs betwa-n
- $e.3ll2 and $3.50, with the c;ose PIC de-
pressed at 81. 5215
Estimated receipts for tomorrow are.
Wheat, 120 cars; corn, 235 cars; oats, ia
cars; hogs, $4,000 head.
z p. m. report
Puts, May wheat 741A674Ssc
Calls, May wheat, 745k67431c
Curb, May wheat, 741ac
me Ieadlng futures ranged rs follows: