Corn made a gain of a shade to %c,
oats finished at %c off to a like ad
vance, and provisions unchanged to
12c up.
An unexpected rise in wheat values
at Liverpool, together with word that
the new Argentine crop would be
later than usual and that the yield
in Australia was likely to be reduced,
helped to start the market here up
ward. Spreading operations between
Chicago and Winnipeg were also a
factor, and there •were predictions
that world shipments as shown in the
weekly statement on Monday next
would be relatively light. Besides, a
reduction in the amount of wheat on
ocean passage was forcast. Moderate
bulges in price here, however, were
promptly followed by profit taking
sales, and by consequent fractional
setbacks from the day’s top level.
Buying of May delivery of wheat
here against sales at Winnipeg
formed the bulk of the dealings in
which spreads were involved. It was
said that most of today’s transac
tions of this nature were to wind up
previous trades of a reverse charac
ter. Incidentally, absence of snow
covering throughout the domestic
winter wheat belt attracted a little
notice, but it was conceded that
otherwise the outlook for the winter
crop was good.
Scantiness of country offerings of
corn gave independent strength to
the corn market. Iowa and Nebraska
messages reported that virtually no
corn was being moved. Oats trade
was stagnant.
Provisions were firm, aided by
steadiness of the hog market.
GRAIN AND PROVISIONS
CHICAGO. Dec. 28.—
Wheat— Open. High.
Pec.3.00% 1.01%
May . 1.06% 1.07%
July . 1.05% 1.05% 1.05%
Corn— *
.70
.73%
.74 74
1.00%*
1.06%
Dec.
May
July ..
Oats—
Dec.
May
July ...
