The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-19

CHICAGO. Nov. 1s.-News affecting wneat
today was heavily against the bulls. but pears
were apparently too timid under existing lo-ai
conditions to press the advantage, ana Inc
result was a fairly steady market CLOSING
prices show substantially no change from yes
terday. Corn, oats and provisions ruled him'
and each closed at a shade better price
rather weak tone was shown by whea:.
nj the opening. Holders Of whs az could nDd
very little encouraging news. reports from
Liverpool received before the opening mere
shaved skM1d decline. Receipts at Mlnheap-
oils and Duluth footed up .525 cars compared
with $40 last week and LIPS year ago
Argentine crop reports were very faVo an e.
and cutting was expected to be geneia al ~
Northern provinces by Dec. 10. some so
board houses reported fair demand, put ON
erg reported no inquiry whatever. MARX lane
wheat showed a decline OF sd per quart
since Wednesday. The sma lnoss or the open
ing decline IN the face Of this was somewhat
surprising December started hq2sc lower
at 6GItc and May MGAc lower at 6o7sg5974c.
The selling pressure was not very heaNy'
and a tnoderate buying demand, mostly from
professionals. caused prices To slowly adVshSe'
May getting up to Gee and December 10 yo7s
6GGhc For two hours afterward the maj
was dull and IN the main fairly stea1y. he-
ports from New York that two loads hsd been
sold for shipment TO Italy and that there was
more demand in the United Kingdcm deferred
Primary receipts we're close to 1.500 900 bu.
or about 10000 bu more than year ago.
Atlantic port clearances OF Wheat ana ncur
amounted 10 $40 bu An increase OF an
/ 900 900 bu In the visible was looked .or.
The market became quite firm for time al er
Il o'clock Orders from the outs de either u
buy or sell were few and far between, bit
local traders were rather Inclined o iaYCr ne
buying side especially as regards December
and prices gradually worked up.
Half an hour from the co C December W 8
bringing 665sc and May e6bc. The reng
was augmented by reports from New York
that eighty 10 eighty boat.oads had en-
taken for export But neither the New TX
nor Northwestern markets were affected by
this The lsck Of local cash demand, ap-
parent all day. began 10 be appreciated also,
and the bottom apparently dTopp-d out Of he
market. The sudden break however. brought
In plenty Of buyers and prices advanced as
rapidly as they had declined. May wheat
closed at 655sa66c, and December at $500
6Gssc.
Corn was fairly active. The market sold
OF a little al first on the weak cables and "A
sympathy with wheat. bat soon became STEADY
and remained SO for the rest Of the sess Ion.
Local operators were good buyers. Cash de-
mand was curtailed by higher vessel rat, S.
Receipts. 252 cars. Country reports were bull
ish demand from feeders and as Hers be ng
excellent. December was re a,iyely stronger
than May May ranged from 33i2G33isc TO
S3Mc and closed shade higher at 33Ac.
Oats were a little higher, but not specially
active. The frmness Of corn helped GA s
There was a good shipping demand Rec pis
227 cars Recent buyers were sci efs IN a
small way 10 take profits. May ranged from
25i6c to 25Fsc and closed shade higher at
25SsG25ikc
The market for provisions, with the excep
ton II a few minutes weakness around the
opening due 10 sympathy vi h grs in. vas a IN
but decidedly dun Operations were coLhued
Almost entirely TO scalpers. packers doing
very little and price fluctuations were mar
row. Cash demand fair and meat shipments
large, which helped the specu atite market
At the close January pork was &c up at 49, IS,
January lard 2lsc higher at s4.g2lsI4 g5e
and January ribs unchanged al &L52i4c.
Estimates for Saturday: Wheat 22l cars:
oats. l25 cars: corn, 2l7 cars, hogs. 5000
head
The leading futures ranged as follows: