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Show WHEAT IS LOWER li THE CHICAGO fMEI Demoralized Conditions in! Export Trade Cause a Slight Setback. CHICAGO, Nov. 36. Demoralized .conditions .con-ditions which the export trade has encountered en-countered as a result of the Italian government gov-ernment withdrawing for military purposes pur-poses a number of steamships gave a setback set-back today to the value of wheat. Closing Clos-ing prices, although steadv, showed a net decline of c to U-ile, with December at Sl.OHift l.OlT-'s and May at $1.06. Corn lost c to and oats lo VIe. Provisions finished at a range varying vary-ing from a 5c decline to a rise of 2 Vic. Nervousness regarding the ocean freight situation began to be manifest shortly after business opened in lhe wheat pit. Abnormal advances in tonnage rates seemed to have put a stop to charters, and it was not long before gossip was current that reselling was in progress on the part of exporters whose contracts had been interfered with by the requisi-' requisi-' tion of vessels. Other holders and a good i many speculators added to the bear pressure, pres-sure, which, despite a one-sided rally, : proved sufficient to leave the market in i the end at substantially the lowest point i of the day. I Sharp falling off in receipts at Minneapolis Minneap-olis had considerable effect in preventing i wheat bears from becoming more aggres-i aggres-i sive, and .so also did the unsettled ! weather. Besides, the Liverpool market was firm. Absence of export demand, however, finally became too evident to allow any immediate return of strength ! on the bull side. Corn maintained a stubborn front in view of the break in wheat. Unfavorable weather and the chances of a shortage of cars tended to uphold prices. Oals merely reflected the changes in quotations quota-tions on corn. Trade here was almost entirely local, but the seaboard sent word of 10,000 bushels taken for export. In provisions, buying- on the part of : packers led to a nearly complete rally. , At first the market had been decidedly ! weak owing to much enlargement of re- ' ceipts of hogs. RANGE OF THE LL'ADING FUTURES. Wheat-Open. Wheat-Open. -High. Low. Close. Dec . . ,$1.0(i Jl-Oti'A JL.lH;)i U.0-lv4 1 May . l.OT'o 1.0$ I.O6V2 1.06f;s 1 Corn j Dec . .. .80s .GU'. .604 .60 I Mav . .6-Ui .64 .63 . .6414. I Oats i Dec . .. .38Ti .3S .38 .3S j May . .. .40Vi .40 .40 .40' I Pork 1 j Jan .. .16.32 16.50 16.30 16.47 j May . ..16.32 16.50 16.32 16.47 j Lard ! Jan . . . S.W 9.02 S.i5 9.00 I : May . . . 9 . t7 9.15 9.07 9.15 Ribs 1 Jan . . . S.37 9.02 S .96 9.02 May ... 9.12 9.17 9.12 8.17 CASH QUOTATIONS. CHICAGO. Nov. 16. Wheat No. 2 red, $1.14Vfcffrl.t.".; No. 3 red, $1.01.12; No. 2 hard. SI. 06 &'l. 0; No. 3 hard, f 1.00 '4 i. "4. Corn No. 2 yellow, old, 6565'Ac; No. 4 vtHlow, 60(60c; No. 4 white, new, 57V i&v;,$v. Oats No. 3 white, 35 tff3ic; standard, 3 It V.t '39 c. Rve No. 2, SI. .Barley. 5$fr'6Sr. Timot hy, ?5.0U'r S.On. Clover, $10.005:20.00. Pork, M4.17. l,ard, 5S.70. Ribs, JIm.OOIO.GO. |