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Show WHEAT DROP CAUSED BY SUDDEN SELLING Bulls Lose Heavily When Timid Holders Become Frightened. CHICAGO, Dec. 20. Fresh export business busi-ness on a liberal scale more than offset tn the wheat market today the disturbing disturb-ing influence of differences with Great Britain about American shipping. After rallying from a sharp decline, prices closed unsettled, but Jo to lc above last night. Corn gained ic to )c net. and oais ac to ij vc In provisions, the outcome out-come was a drop of 2Ac to 10c. Wheat values went rapidly down grade at first, under free selling by timid holders hold-ers and hy speculative bears. Many stop-loss orders came into play. The extreme ex-treme low point reacdied was 2c below the previous close. I'lentiful snow in the domesllc winter wheat belt counted against 'the bulls. Lively buying of wheat in the last hour followed the receipt of a cable to a leading lead-ing Chicago house thai the Argentine surplus would not come within 2tl,000,000 bushelM of the recent estimate of 130,-OOO.ijuU 130,-OOO.ijuU bushels. RANGE OF TUT! LEADIXU FUTfRES. Wheat Open. High. Low. Close free J1.2S $l.27i 51.27 fl 7t May 1.2v5 l.HOJ. 1.275 1 "ij July 1.19 1.2cj l.JSJ 1.20i Corn D" 61J .05 .673 May 73) .7.-.J .725 .TSJ July T4i .75 .731 75" Oats fee ill. .fjj .49 irjj May WJ .o-U .M hi' Wheat Spot, irregular, .Vo. 2 red. 51.S5J and No. .2 hard. J1.8.A, ail rail c. 1 f track export; So. 1 northern Duluth Jl.:i! and No. 1 Manitoba, fl.32 c. 1 f Buffalo. Futures were firm. December, 51.35; May. 1.S7. Corn Spot, firm; Xo. 2 yellow, 77Jc I c. I. f. to arrive; Argentine, 73c, nominal. |