The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-12-31
MAY OPTION WAS MARKED Up
TWO CENTS AT CHI
CAGO
CORN AND OATS FOLLOWED
Advance in the Leading Cereal
Helped Up the other Futures
Provisions From 1-2c
to IL LIE Higher.

CHICAGO, Dec. 29.1Wheat was buoy
ant market today undeF5 tie stimulus of
lighter Northwest receipts and Stubborn
cables, May closing aMg62c over yesler-
day Other marketsf allied in 81 me "a
provisions 21A@1212c. higher.
For two and a half hours the usual du-
ration of the Saturday sessions of the
Board of Trade, wheat displayed an efrtr-
Vescent spirit which was hailed with d.
light by those who prosper proporu> hate
~ as the market isl&etlve During the.
hrSt hour there was more spe2ul3 i've
business tnan during the Whole s,sSsiIn
Of any other day this we elk. The first
SYMPTOMS of buoyane8 aad streag n
brought back from the alluring stock
market many deser ters from the grain pit
and even added rev adherents. Nay
wheat opened lunchahged at l314c. but
quickly responded to buying orders from
all sides of the pit. Exporters wanted it,
domestic interests bid tor Ii, ard shorts.
who We're in the majority. clamored lor
1t. May advanced, growing mo e active
as 1T scared. until 751sc was bid. Over
14c Offerings We're a b t freer. but they
quickly ceased when the breadth of the
demand became apparent. and not until
the price was well over Toe did the selling
pressure assume Sufficient weight to ar
feet prices. From the top May easel { II
to 74Mc, but here the c1amcr Of shorts
was renewed and a recovery ensued, May
closing 1SQl$4c over esteIday at 751sII
7oAc. Fhe foundation of the markets
strength lay In the recent stubborn fl M
ness of 'the foreign markets and to. 4
greater degree, in the falling off in
Northwest receipts. T22s- weeks receipts
Eat Minneapolis. Duluth and Chicago as
gregated LIST cars L 0g5 aears klhss an
the previous week audi. 53z eaSss us2deg
the receipts at these points the c arr
spending wesk a year ago. Today's; r.
ceipts were 3i6 cars.e against $40 cars last
week and AL cars q year ago. OF these
chicago reported 125 cars, Ii cars of cen
tract grade. These iigures served as
basis for the assertion that MOI Invest
ern receipts had at last entered upon 4
prolonged reduction which would FINALLY
Substantiate the government rep TT tcar
less than S50a0,000 bu had been raised n
the three great spring wheat states OF
the Northwest. p imary tac<ipts were
445.Oe0 Blu, compared with 425,0O -bu 4 y ear.
ago. Exporters reported 25 loads t3ked.
SeaboaTd clearances in wheat and fl ur
were equal to 10000 bt.
Corn was fairly active and firm, but
owed most of its strength to the sulstan-
tial rise in wheat. Model ate receipts. 340
cars here, small country offerings and Il
shipping demand which continued IN fact
Of the advance IN Valne5J were eontfiDu-
tary factors. SINE hoaVy she ri lines
were reported covered. or at least SUBJ
stantially reduced. MAY sold betw< en-
$6 5la e and GGc. and closed 1zQ9sc higher at
The. cats market E .7aassi .s1kafted upwar Il
by the favor able. tHes4 e which st; uck
wheat The market times was fairy
active under eoveGinsiYty shorts, but at
the close the important lines were in
tact. Receipts weretR15 cars. May. SO d.
between 233zQ23ysc andf 2411sc, and q SCI
$@54c up at 24G24kc
Provisions Were fairly active, opened
firm On light hog re2eipts. and adVar4-
ing later in sympathy fEith t=:e wheat
strength. January sporA, sold hetH e n
S12-2212 and $l2.S0@l2. 3211H, and closed 21Sc
higher at 12.221A; January ira between
$3.50 and $3.50, cfcS:ng.4a1-e up al Sc 90, and
January ribs between SC. sos ~ ard
S6.421k, with the closetJ41ao imp owed at
Estimated receipts for Monday: Nhea-.
s. Gals; corn, E65 cafs; OTIS, E5J ears:
hogs. $4,000 head.
Note-There viii be no session OF the
Board Of Trade, Jan. /.
The leading futures Ianged as follows: