The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-10
PROVISIONS WE'RE THE ONLY
EXCEPTIONS TO THE GEN.
ERAL RULE
WHEAT WAS HIGHER ABROAD
All Reports Were BuIIish, Including
Strong Cables, Excellent Cash
Demand at Higher Prices and
Renewed Rumors of War I'm Eu-
rope-Wet weather Helped
Strengthen Corn Prices.

CHICAGO. Nov. s-With the exception OF
provisions, everything on change today was
strong and made good advances. Strong ca
bies, an excellent cash demand at higher
prices and intiTna ,ions OF war developments
over night abroad drove shorts TO cover in
wheat and resulted IN %1kc advance. Wet
weather OF the publish factors in
corn, which advanced MGHc. Oats advanced
nc. Provisions were weak on large hog re-
ceipts and declined 5nI0c.
There was plenty Of news OF buliish
character at the opening IN wheat 70 JusuIy
the &c advance with which that market 9 art
ed The opening price for May was 554sg
6GIkc IL weakened a trife shortly after the
opening. a few sales being made at ooAU
6GMc. But this was only temporary. Unoer
q fairly strong demand from shorts and a
moderate amount Of investment buying, the
price advanced pretty stesdily for over an
hour. finally getting up 10 &C. Ihere was a
marked scarcity Of offerings during THIS
time but at the best the demand was only
moderate. The strength was mes ~ due 70 an
advance at Liverpool OF 1bGlAd over Mon
days figures, and Notwithstanding the iact
that English consos were strong, traders
looked upon the Liverpool advance as an in
dication OF uneasness over the political siiua-
ton Their belief was strengthened by iat-
nations that Lord Sslisburys speech tonight
would be rather sensational. Broomhall ca
bled that the strength at Liverpool was part
ly due 10 scarcity OF spot wheat. Iiverpooi
receipts were only 296. 900 bu. all American
wheat The seaboard reported an excellent
export demand, and placed sales at over 20
loads. Cash wheat both here and In the
Northwest stronger, and the demand
showed considerable Improvement. The in
crease in the worlds visible WAS SO5s.OOO bu.
This was less than expected. Receipts in ihs
Northwest were heavy, even for two days
Minneapolis and Duluth reported 1884 cars
since Monday compared with 1851 for the
corresponding two DAYS last week and 2.sS6
last year seaboard clearances were moder-
ate 661 900 bu. Primary receipts for two
DAYS were 3212 OcO bu. Covering for St. Louis
shorts was quite prominent In the trad ng.
After the advance 10 &c. the market became
exceptionally dull. though the price was
well maintained for some time. During the
afternoon, however. u eased OF somewhat
though no weakness developed. May closed
at G5ssQ 66%c
Corn was slow. but Arm. There was
good cash demand and this, with the wet
weather and higher cables, made bears eau
tious. Heavy shorts we're good buyers. de-
mand from this source being the feature OF
trading Clearances were 1900 blu. Receipts
were S6S cars. May ranged from 34d24iSc 10
B3Hc. and closed Mqhc higher at 337sc.
The market for oats uneventtul. Prices
were steady at a small advance. bad weather
IN Illinois and sympathy With wheat and
corn being the leading factors. Trading was
very small and price fluctuations insigthcant.
Receipts were 1853 cars. May ranged from
AK 61247k6ic TO 24Ac, and clos d at 24&d24Ac.
Provisions were dull and heavy throughout.
A decline in hog prices started the market
ct small decline, and moderate selling
pressure from packers. with no demand OF
Consequence forced prices steadily down
ward The market was at lis weakest al the
close. January pork closed loo lower at IS 90,
January lard 10c lower a $49214 and January
ribs &c lower at 81 GO.
Estimated receipts Thursday: Wheat. 422
oars; corn, 677 cars; oats, $50 cars; hogs. &c.
900 head.
The leading futures ranged as follows: