New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-22
TRADE IN CHICAGO.

'sf TELEGRAPH TO THE TRIBuNEl
.S 80, %l'-Wheat was firm to-day. more
cspeciaHy Tor December delivery It sold up from
81 10R. which was its nrice At ~. ,ose Yesterday
10 q 1913 'o-las' and its closing price was 81 1s1s
Shor's whose existence was unsuspected by the
general trace Showed up to the extent of about
s0V''" ousHeis some or the covering in December
was said TO he for foreign account May was
helped by me strength of the current option and
the fact OF the aggregate receDts At Western
primary markets. being almost cne-haf short of
last years total May gained 1Isc Corn
stronger ais" i"i December than May. but at the
end ic OF its advance was lost and at the close
December corn was only lac to the good and May
was up Nc. Oats advanced about NC Provisions
were-easier TO begin with but at the close showed
little change In value
Wheat at the opening was somewhat irregular.
but for moment the offerings were slightly in
excess OF the demand. That changed however. al
most Immediately. and for about fifteen minutes
II was difheuit to get responses to the bids. aud
the price of May got to 81 ia and of December to
81 III before the crowd which was intensely
bearish. could summon enough courage to act on
It's convictions of what due to the situation.
The latest gossip that Waterman. a well
known Albany miller. who before now has bought
large quantities of wheat in this market, is the
present possessor of most of the contract grades
here which, so gossip said. he may find occasion
10 ship East for milling purposes This was by
far the most popular explanation for the congested
state Of the December delivery Chicago received
@t ears. compared with p the year before. The
range OF December from 81 II TO 81 1885 clos
ing at 81 1875. The highest for May 81 70; the
lowest. 81 1875 the close 81 11a.
The corn market strong and fairly active at
the opening. receipts being a good deal smaller
than expected. The firmness of the wheat market
also contributed to the better feeling in the pit
Local receipts wore 345 and of these 221
contracts. Shipments were $4,000 bushels There
were $1,000 bushels OF contract turned ont OF
private houses. Sea board clearances were 10000
bushels. After selling as high 47lzc and low
as ioA.c, December closed at 46isc, May sold from
45i4c To $3.50. closing at the latter price.
Oats We're firm. in sympathy with corn. Trade
was entirely local and of limited volume. Receipts
We're &c cars. of which is were contract. and
of tho same grade 1890 bushels were taken from
unlicensed elevators. Shipments were 99Oa0 bushels
Seaboard clearances were S.eGo bushels Estimates
for tomorrow. Il cars. December closed at the
top %1ac. The lowest 29lSc May closed at
Slssc to size. The lowest size.
provisions showed little life after the first hour
OF trading. There special feature to the
trade and prices were off on the large run Of hogs
mere and at the Western markets. Hog receipts to-
Gay were 1900, and prices at the yards were &c
lower May pork sold from sl2 20 to Sl2 ST. back
TO SlZ gig May lard sold from : 12Ja to s. 10 10
- 4Z1e' and reacted to the former price MAY ribs
sofa from 81 10 to 81 721a. back to IS.