The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-12-20
PRICE OF MAY OPTION TOUCHED
53c, CLOSING AT THE
PEST
CORN DULL AND UNCHANGED
Oats Also DuII-PrOvisiOns, on Light
Hog Receipts and Good De-
mand, Closed From sc
10 20c Higher.

CHICAGO, Dec. 19.-Wheat was easy
early today, but rallied later on puilsn
Argentine ~advices, firm continental mar
kets and better cash demand, May CLOS
ing A6L3sc over yesterday. Corn closed
unchanged to &c higher, oats shade
lower, and provisions sc to 11720ZOc UP.
Figures which later proved to be IN
correct but which before the mistake
was corrected made Minneapolis receipts
Giscoura ginGly heavy, together with the
Prospective Increase of Northwest stocks
gave the wheat market a push downward
at the start. May opened unchanged to
1sc lower at 723s0l21ac, and sold off to
72l4c. Eariy Argentine news, too, was
rather beaTiSh, and when bulliSh news
from the same quarter was received and
Minneapolis figures We're corrected, MAX
ing receipts al that point 2S2 cars instead
of AL cars, shorts began bidding. A
private Argentine cable declared that rain
was interfering with harvesting, and a
Hamburg wire said the estimated Argen-
tine surplus of 40,000,000 bu was seven
pounds short weight per bushel. A bet
ter cash demand was reported, and as this
was in line with the fact that this mar
ket has reached an export basis with Liv-
erpool, the advance begun by the cover :
suit that the market closed firm at the
best price of the day, May 14GD3sc over
yesterday, at 721s4i3e. New York re-
ported 70 loads taken for export Ship
ping business was curtailed by a scarcity
of cars. Seaboard clearances in wheat
and flour were equal to 100000 bu. Prf-
IUdIS receipts aggregated lIO,tUJ Du, tCOu1-
pared with $4,000 bu last year Mime
apolis and Duluth reported 363 cars,
against 434 last week, and 353 d year ago.
Local receipts were 100 cars, none Of con-
tract grade
Interest in corn was conferred in the
January delivery, but at that the market
was duh. January was strong and De-
cember steady because the receipts, 437
cars, contained no contract corn. May
was Steddy in sympathy with the op-
lions mentioned, although its independent
tendency was easier because of the good
weather and freer country offerings. Ship
pers sol6 moderately at the opening,
against country iptances.. May sold
unchanged at, 36Ac January between 365sc
and 37A@37%sc, closing .1s@Mc up at &c.
December sold between 40$4c and 41Ac,
and closed nc higher at 41Ac.
oats were extremely dull May sold
between 231a6u23Ssc and 23Ac, and closed
q shade lower at 233s6D23$4c
Provisions were strong and fairly ac-
tive Hog receipts were smaller than
had been expected, and there was a good
cash demand. January pork sold be-
tween $I2.15 and $12. 271h, and closed I715
G20c higher at ST.. 25Q12 .2T15; January lard
between s6.S21a and S6S71@G6. so, closing
&c up at S6.8712, ana January ribs between
SG.25 and Sc. 3212, with the close 71kc better
at $6S0
Estimated receipts tomorrow: Wheat
lS2 cars; corn. 440 cars; oats, 1S6 cars;
hogs, 3S,Gt0 head.
There will be no session of the board OF
trade from Dec. p to Dec &c
The leading futures ranged as follows:
JOpen-I High Low Clos
mo oct acf I inc