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Show PIES GF IEST IKCLETO BULGE Forecasts of Return of Foreign For-eign Buying Help to Bolster Bol-ster Weak Market. CHICAGO, Dec. 9. Forecasts of a return re-turn of foreign buying lielp-d to briny about a bulge in wheat, prices during the last hour today, notwithstanding that throughout the. rest of the session the market had been weak. The close was htronsi. 2c to 22'c net higher, with .May at $1,771 to $r.77H and July at $1.4914 to $1.494. Other commodities also gained corn l'c to 2c, oats Vic to Tjc and provisions 172'U to 3"c. Hull leaders, who predicted a revival of European demand for wheat, made the contention that a decided Increase of available ocean freight tonnage was in prospect and that the congestion of eastern east-ern railroad facilities soon would be oxer-come oxer-come by Ihe strenuous methods which were being used to relieve, th situation. U was while this sort of talk wus most prevalent that shorts who were disinclined disin-clined to face risks over Sunday attempted at-tempted to collect profits on numerous early sales. An unexpected lack of offerings of-ferings speedily became apparent and a quick upturn was the result, with the pit disregarding the bearish factors which before had ruled the market, notably the submarine issue with Germany and the news of the presence of ,i German cruiser I on the Atlantic in addition to armed undersea un-dersea boats. ! Not much confidence on the part of; wheat traders was shown at first in re- ' ports that t he number of vessels available avail-able for trips bp t ween North America and Europe would be enlarged. It was explained that at least a certain percentage per-centage of the increased tonnage would be ships diverted from Argentina. Until week-end evening up of trades began, how ever, the bulls seemed una hie to do a great deal in the direction of overcoming overcom-ing declines, let alone establishing an advance. ad-vance. Corn swayed to a large extent with wheat. Scareltv of rural offerings; gave an advantage at times to the bulls, despite de-spite assertions that the car situation wiis improving on some of the western lines. Oats paralleled the action of other cereals. There was some inrpiirv from the seaboard, but actual sales to shippers werf light. Hi slier quotations on bogs lifted provisions. pro-visions. Besides, shipments of meats and lard during the week were reported to have reached a liberal total. RANGE OF THIS LEADING FUTURES. Open. High, Low. Close. Wheat Mnv . . ,$1.74Vl $1.77H SI. 72V. $1 .77' July . .. l.-nVfc 1.494 l.J-" 1.49V Corn Mav .... .91 .93ii .91 . " V4 Julv . .. .9ni .93V4 .9m .93 Oats Mav . .. .57 .In .57 Julv . .. .(-.3Vb .vii .52-i.i .51 Pork Jan. . ..2K.7-. 27.2." ?fi.7a 27.00 .Mav . ..25.9r 26.4(1 25.92 26.20 Lard Jan. . ..16.09 1R.20 IS. 95 16.17 Mav . ..15.97 16.20 15.9:. 16.16 R ins-Jan. ins-Jan. . ..14.00 14.02 14.00 14.00 May . . .14.10 14-30 14.10 14.27 CASH QUOTATIONS. Wheat, No. 2 red, nominal; No. 3 red, SI. 69; No. 2 bard, nominal; No. 3 hard. $1.74. Corn, No. 2 yellow, nominal: No. 4 yellow. yel-low. 92c; No. '4 white, 90i(i(:92c. Oars, No. 3 .white, 53Viti-o4c; standard. 534 54Uc. N Rve, No. 2. $1.46. Barlev, 90cft'$1.23. Timothy. S3.. '05. 50. Clover. 312.0017.00. Fork, S2S.50. Lard, $16.4716.52. Ribs, $13. 50ft' 14.00. |