The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-11-25
MOVED SLOWLY UPWARD
WHEAT MADE A SMALL GAIN AND
CLOSED STEADY.
Corn Rose Fractionally, Both Decem-
Der and November Closing Higher
Oats Dull, Provisions Active.

CHICAGO. Nov. 24-Wheat held steady on
the cables to-day. December closing Salsc over
yesterday. December corn closed &c and No
vember &c higher. Oats closed unchanged. and
provisions unchanged 10 nc higher.
Wheat was quiet and firm. Liverpool closed
unchanged in the face Of sc decline here yes
terday, and to this fact the steadiness in the
local market to-day is chiefly attributable. Mod
crate receipts and wet weather were contribu-
tory factors Of minor Importance. Trade was
distinctly moderate in volume and largely local.
although some small buying orders were exc
cuted for Northwestern interests. There was
very little December the market. a fact
which was taken as possibly indicative OF eaSn
demand concealed somewhere about the floor
New York. however reported only fourteen loads
taken for export The best buying was by local
shorts. who. impressed by the cables and a
predicted decrease in the visible Monday, were
disinclined to remain fully unprotected over sun
day. December opened sc higher at 70ssQ9otsc
and within a few minutes touched 70ssc. From
this point the market slowly reacted to 71Ac.
and closed firm, 7sQl2c over yesterday at 1l3sc
Seaboard clearances. in wheat and flour, were
equal s9s, 900 bu. Primary receipts aggre-
gated 66s.e0o bu Minneapolis and Duluth re-
ported 4s7 cars, against $50 last week. Local
Receipts were 1t1 cars, nOuc u Which, Sid0CN
contract. Comparison with last year is impos-
sible, the corresponding day was holiday.
Corn a quiet and firm market, but the
cornered November deal failed 10 perform any
antics calculated to create excitement Mr..
Phillips. who has the local visible supply Of
November concealed about his person. took IN
a few lots a small decline early. Generally
he seemed inclined to and observe what
the market would do without him. Small coun-
try offerings and wet weather West Were fac
tors in stiffening deferred futures. December
sold between $3.50 and 36isc, aud closed &c
higher at 36lsc. November opened at 44l2c sold
to 43$ac, recovered TO 45l5c, and closed &c up at
45c Receipts were 4l6 cars, forty-eight of con-
tract grade
The trade in oats was visible TO the naked
eye. but that about all. Changing Deem
Der for May continues the pastime adopted
by longs TO keep from going to sleep. The
spread" contracted to PIC premium for May.
December sold between 21&4G217sc and 21%d22c.
and closed unchanged at 217sc. Receipts were
142 cars.
Provisions were firm and active. The market
opened easy, but rallied sharply the light
hog receipts and advance in hog prices at
the yards Packers were active buyers of pork.
The market toward the end of the session
yielded some to profit-takng sales, but closed
firm. January pork sold between $1L92k and
1920, and closed 71sc higher at $12O71z; January
lard between s6.S713Q6.90 and s6.92i2. and closed
unchanged at $3.50; January ribs between s6.32
and $640, closing unchanged at $685..
Estimated receipts Monday: Wheat, 81 cars;
corn, 425 cars; oats l4O cars; hogs, 41,000
Leading futures ranged s follows: