The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-11-22
COIN tED TIE BOARDS
NOVEMBER OPTION NOW COM
1IANDS 10 CENTS ABOVE
DECEH 8ER
SHORTS ARE BADLY SCORED
Visible Supply COrnered-Wheat Also
Gained Half a Cent - Oats a
Shade LOwer-ProNisiOns
Were Neglected.
SHORTS ARE BADLY SCORED

December wheat st. Louis. .703s
Chicago, Nov. &-Corn was again the
big market on the board Of trade today
It was more apparent than ever that
November corn was Co.nered and that
option was bid up SIC. December Closed
Ssc higher. Wheat was helped a little
by the corn strength, local buying caus-
ing an advance of 72c at the close. oats
closed a shade lower, and provisions I'M
changed tc I12c higher.
4 Though opening fraeuonalIy lower,
wheat did not show any particular weak
ness during the first few minutes T. ad-
ing, in spite of the improved weather con-
ditiOnS firm cables sustaining prices.
There was, however, an almost total alb
sence OF buying orders. Local traders
We're not in the market and outside sup
pOlS was lacking, owing to the demo, al
lied condition of the telegraph service.
This fac5 was at most taken advantage
Of by local bears, who for a time raided
the market vigorously and hammered the
price of December down fully a cent be-
fore support was given. December open
ed 9sc lower, at 70AQ70sc. 1t sold for
q moment at lie, then dropped down to
1Ol=c, but at that point covering by
shorts was started, the demand continu-
Ing until the price had advanced to ne.
hat buying apparently cleared up the
short interest, as prices again slgged,
with sellers in large majority. iowa. d
the close the strength of corn and re-
neWed local buying again sent the mar
ket upward, and the best prices. CT the
DAY was reached shortly before the close,
December touching 7174c. The close was
firm at 7l$sQl112c. Northwest receipts
we're 563 cars, against 391 last week and
634 a year ago. Chicago receipts We're
1Ol cars, Of contract grade. Total pri-
may receipts were $4,000 bu. An excel
lent cash inquiry was reported, both
from domestic milleTs and Eastern eX-
pOrterS.
The corn pit was full all day. Prices
were firm at the opening, notWtthStand-
ing the favorable weather, Which gave
rise TO hopes Of a treer country move
ment Tie crowd evidently thought We'll
OF, TIE. prospects and became free sellers
OF both May and December. Meantime
\ November, Which showed an opening ad-
vance OF a cent, had declined to 4f1bc
re above yesterdays closing prices.
From that point ii advanced nc at a
time, under bidding by scared shorts, IN
III 45c had been reached. December, too,
turned upward, shorts being driven in
by buying Of bull leaders, and during
the later part Of. the session showed
an advance of SEC. December ranged
from Sc to 35Ac and closed sc higher,
al d9@c. receipts We're 54S cars, only IA
CT which We're contract grade.
oats were extremely dull all day with
trading mostly in the way of changing
from DcCeab 7 to May, at slight WIDEN
ing Of the spread. The market was
fairly steady, helped by the com
sion: Receipts We're light, So cars De-
cembel ranged from 2l$c to 2lzk022c,
and closed shade lower, at 2l54GDNzsc
provisions, We're duh but steady. There
was good cash demand for products
OF all kinds, and this and the strength
OF wheat and corn 81 stained speculative
futures. At the. close January pork was
Zee higher, at $l1S213. January lard un-
changed at $6.S712, and january ribs a
= shade higher, at $6.3212.
Estimated receipts Thursday are:
cars; hogs, SO 600 head
zine leading 1utuIeS RANGED as Fo;Iou,s.