OCR Text |
Show CORi MARKET HAS RENEWED STRENGTH rnrCACiO, Dec. 15.SlrfiigtV dercloped in t he corn ma rket tod a y , owing largely to a notable advance in sterling exxha nge. The close was firm. o to lc ue.t higher, with January 81.3H and May $1.37 to $1.33. Outs gaiued lc to l'.jc. In provisions, the outcome out-come varied from 12c decline to a vise of 30c. Upward swings of the corn market showed their greatest force around tho opening and the clse. especially during the last fifteen minutes. Knowledge of the big jump In sterling ster-ling was well circulated before the opening, and had mi immediate response. For a while, however, buying lacked volume, and soon t here was a t ran si eu t s-l hack iu prices I o behnv Satinday's finish. Liberal receipts aud a predict pre-dict iou l hat the crop movement would iu- 1 create Mere more or less repc-Dsiblu. Laler. another dip followed uunouueemeut that wartime war-time prohibition would stand. Then the ris ing tendency of (lie market became again apparent, ap-parent, and with the help of enlarged calls for oals. barley aud otlmr feed, was continuous lo the end of the session. 0:jIa were strengthened by the shortage of feed barley iu the northwest, and by the tdiarp reduction of Up amount of acreage devoted to whea t a nd rye. Provisions averaged higher, affected somewhat by sterling. |