The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-11-07
FOUR CENTS ADDED TO THE PRICE
in THE PHI AT CHI
CAGO.
STRONGER yATi.i THE START.
LIGHT NORTHWEsT RECEIPTS AND
HIGHER CABLES BOOMED THE
MARKET.
SHARP BULGE TOWARD THE CLOSE
w TT u <
Early Sellers Turned Buyers ON Re-
neved Reports of Shortage in
the Russian Stocks.

CHICAGO, Nov. 6.-Yesterdayss decline of
2ssc in wheat was. all recovered today and
about &c besides. The net gain today was
41sc, december bringing 78@l7S1sc at the close.
Corn and oats advanced &c and sc, respect
lively. Pork and ribs advanced sc and 21ac.
Lard unchanged. There was good trade and
most active market in wheat today prices
being subject to frequent changes within the
established range of 33s@31sc. The feeling
developed was stronger at the start, and ini-
t1al trades were at %@11sc advance, under
good demand. Wheat sold up gradually 1Ac,
eased off 3sG15c, advanced 25sc, ruled steady
and closed with 414c gain. The strength was
due to great extent in the falling off in the
Northwest movement, receipts in that section
being 432 cars smaller than last week, and
5ol under those Of year ago. Cables too,
were quite factor early advices quoting
Liverpool firm and I'D higher, which, in the
race OF the break here yesterday, was rather
surprising. The market was also helped by
San Francisco advices stating that four cargoes
were worked there for Australia, the total ag-
gregatlng 100000 bushels Foreigners were
creolted with doing some buying, and St.
Louis was rather active on that side. Out
side markets were all stronger. Several of
yesterdays sellers were good buyers early.
Inc cash situation was also considerable Of an
influence, a good general milling inquiry ex-
listing. The Ohio crop report was favorable,
reporting the area seeded to winter wheat
Sc per cent of last year and the condition
w. Argentine advices stated prospects there
for the crop continued good. The market was
helped later in the session by the closing
Liverpool public cable, which quoted spot 11ad
lower to Id lower, and, futures 1@1Ad higher
Closing continental cables were all lower The
market bulged sharply toward the close, early
sellers turning buyers. There was renewed
talk OF the situation in Russia, and Danubian
stocks were said to be decreasing December
opened Ac to 11sc higher at 7414c, sold to 74c,
advanced to 1880, Teacting to 7S1sc at the
close. ~
The corn market hung back for long time
ana not until wheat started on it's final bulge
d-d corn participated any great extent. The
receipts were 81 less than the estimates
while the Withdrawals from store were
353, 75l bushels. May corn started at 261sc
reacted to 22Ac and held within that range
until near the close when 1t rose quickly to
291sc, and 29c was bid at the close In oats
the feeling was firm throughout May opened
&c higher at 1S7sc, sold at 1870, and advanced
to 19Ac at the close. The market for hog
products opened firm at a little advance on
yesterdays price. At the close there we're
gains for the day Of sc in pork and 21ac in
ribs; lard wound up at the same price as on
the day before. Estimated receipts tomor-
row-Wheat, 113 cars; corn, $50 cars; oats
262 cars; hogs. 5000 head.
The leading futures ranged as follows: