The sun., 1905-12-31
.NGINEETlO.'
THE GRAIN. MARKETS.
wheat StrOnger-Sh0rts COver-OnerinsS
Mght-December Corn Falls Sharply
Oats Firmer.

Lght-DeCembeF Corn Fails Sharply
Oats Firmer.
Wheat was stronger in the main, although
at the opening the tone was somewhat easier
because OF disappointing cables and weak
markets at the Northwest. But 1t was notice
able that the offerings were light, and cover.
ing movement soon developed which carried
prices upward. although the December OPP
ton here displayed heaviness owing to rather
liberal deliveries on contracts.
The market at Chicago, however, was
buoyant. The shorts there bought freely
and there was in addition more or less new
buying, partly by commission houses. More
over, the receipts at some points showed
dlmlnution and the cash markets remained
firm.
The worlds shipments for the week arc
estimated by Broomhal at s,s0O.00O bush.
or about 2,OoO, 900 below the estimated re-
quirements
Liverpool declined I'd. and Paris to 10
centimes. On the other had Berlin ad-
vanced u to ~ NIX and Budapest kr
Oscar X. Lyle said ITO treat of the wheat
situation at this time without allusion to tho
extensive Armour intereat In the market
would be like the play Of Hamlet with Ham
let left out The Armour company Is large
owner of wheat now in Chicago, and largely
shown a friendliness that has not yet at
disposed to follow bull leadership when the
sSa5a Ss6Sb the
TSpPndF and of ms repas IS
in the increasing stocks and slack kening de-
mand fer wheat in the milling GentreS IN {ne |nt,
that dealers and consumers are we'll supplied,
and the ACTIVE, demand for months past 50
features impress those who buy wheat for
manufacturing to do so sparingly.
We are not parting freely with our sur
plus and are preserving 1t in way to prove
detrlment to better values in the spring.
when our farmers, the large owners of it,
asS'f on IS oG1ded by SS eoS SrGSs pr
haTyests IN Argentina and Aastralasd} dasd In
ply for Europe to draw Upon for several
months to come IN recent for forfsn ,nS osfad con-
European importatons for the year will vary
much from usual fg,ires' Russia a mas con con
ii in Thf Shsb THIS nas naa
the same time shipments have been urged
BY the troubles to get the whs3t out Of the The
stocks at south Russian ports. and cables
state the arrivals from the country are still
THE situation presented IN Chicago with
December near cents under May was unusual.
in that carrying charges have been infreauent
TIE TIE grain Gas and aAi relieved the narEss of the
burden OF WnedU seeking Sale lneTe are
intimations that wheat win be advanced.
ing sources With so little demand from
abroad see nothing to encourage, buying at
this time and believe in close adherence to
prices as now made for some days to- come.
The weather map showed cloudy condi-
tions, with light SHOWS In the Canadian North
west temperature below to 10 degrees
above. The temperature in the Northwest
was zero to 20 above: 1t was partly CLOUDY:
inch at ST. Paul. N the West il was fHsInyerally
temperature ~ to 30 degrees above The
temperature in the Southwest was 20 to Ss
degrees; II was partly cloudy: there were
traces OF snow In Kansas. In the Ohio Valley
it was partly cloudy, with light scattered
SHOWS: tennperature 2s to e degrees,
old DECEMBER corn @ at stL Chicago 1 fell I : oents
Other options were weak In sympathy.
CHICAGO received 52l cars, of which l04
were contract. Receipts at all Western
points have decreased 900 900 bush: for hve
days; shipments from the West decreased
zoe. 900 bush, but exports increased 800, 900
bush The figures are regarded as suggestive
terror markets, but OF considerable losses at
the seaboard. 49,
oats generally fuctuate in company with
corn, but Saturdays market was an exoep-
tion. 1t showed not little strength. owing
to an active demand to cover and an absence
OF offerings. Chicago received 1853 cars. in
cluding "a Of contract grade. -,
Wheat on the spot was dull. No sales.
No. 2 red &c. over New York May; No. north
ern Duluth, 24o. over; No. northern Mani
toba. oo1Sc'.. Futures closed 4 to Ho higher.
Prices as follows: