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Show EARLY ADVANCE Wl WHEATWIPED OUT CHrCAOO Deo. 3 Profit tak ns by lons in wheat today mo e than wiped out an early advance that vas due to h gher cab es c os ng pr ces were heavy gc to Sc under last n ght Com suffered a net loss of Ei3ic to AlZJgc and oats go to 8 In prov s ons the outcome was 2&c to 10 advance Depress on during the last half of the day n the wheat p t contrasted strong v with the riulllsl sen iment t at prevai ed at the s art Fore gn news had been a most un formly ln fa or of an upturn ln a ues w th Ll erpool repor Ing that of fer ngs there we e light and the demand ncreas ng y urgent Besides advices we e at hand that Italv had extended until June a reduct on of the custom house charges on mports There v. ere also numerous repo ts of dry weather threat en ng the domest c winter crop espec al ly rn western I ansas Rea z ng sales that f nat y swung the wheat market to the bear side came ch ef ly from speculato s who had been act ve buyers on the recent break The down ward tendency of p Ices in the ate trad Ing was quickened somewhat as a result of export cal appeanng o De hampered by lack of read ly aval able vesse s to load for Lurope Although corn at first hardened on ac count of the scant ness of ru al offers the market afterward Bagged w th wheat. Tie short Interest appeared to have been e iminaled and the pit was ln poor shape to take any conslderab e amount of se 1 in? Oa s nerely reflected the action of other gra n Bus ness for the most part was conf ned to sma 1 ots Provis ons continued to ascend regard lees of dec ns ln the price of hogs Much of the buvlng was on the tl eory that the breakdown of va ues at the yards wou d chec the hea y movement of hoga to market. fe-NGE OP THE LEADING FUTURES Wheat Open H gh Low Close Dec 1 141 1 15J 1 141 1 14J May , 1 21 1 21J 1 0J 1 20 Corn Dec 63J 64 63 631 May 691 691 68! 681 Oats-Dec Oats-Dec 475 4 i 47 47 May 623 5 8 oil olj CASH QUOTATIONS Wheat No red $1 14J1 16 No 2 hard $1 151 181 Corn No 2 je ow new 63264lo No 3 ie ow new 6130623c Oats No ' v.hl e 47J48ic standard. 4849c Rye No 2 U 03il 10 Bar ey 6975c Timothy $3 75 5 60 Clo er J12 0014 60 Pork $16 50 Lard J9 60 Ribs $9 129 62 |