The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-09-28
Previous

CHICAGO, Sept. 27.-Wh . here today was
led by an advance in New York: Ine
strength of the latter market was a big rae
tor in an advance Of Ssc here. Trading was
much more active than usual. Germ ana
oats both advanced about }sc. Proyis ems
We're weak. due to yellow fever reports, aLo
closed 2i2@7I2c lower.
An advance Of lsdI4c marked the open ng
I'm wheat. December Starting at 64i4G 64$sc
compared with yesterday Closing price OF
6ilsc. Some irregularity was shown by the
market for a time, the price huctuatlr be-
tween 64lsd6+4C and 64l2c, as the demand
from shorts, the principal cary buyers, in
creased or diminished, but in the man the
market showed frmnesS, and kept near 10
the figures Of the opening. Northwest re
ceipts, though heavy, we've smaller tnan
last year Minneapolis and Duluth reported
1.7l6 ears against $50 last week and LIZ a
year ago. The early ST. ength was due lng =
ly 10 the advance at Liverpool whtre III
lures We're quoted "a a sd ghar. The bull
ish feeling was increased BY seab-ard re-
ports Of a good inquiry for Whe.t fJr snip
ment TO the United Kingdom, and heaFy &C
ceptances here for prompt shipment.
Chicago receipts were 215 cars OF con-
trac- grade Primary Western rece p 5 agSre-
gated l727. eco bu. compared WITH 1,6 5, o.
bu last year. Atlantic pert clear1nces w(re
5l3.Ct0 bu. Duluth, Minneapolis and New
York markets were all strong for cash Wh at.
BradstreCts reported the worlds Nlslo
increase at 2.416.GD) bu. OF his amount l $780,
eco bu was east Of the Rockies on tn side
and as vet a decrease Of $4,000 blu nd been
OtlClaIlN reported, buyers were Z ven q slie "a
and for a few minutes there was a rush OF
longs to get rid IF their wheat. The price
was clu he'd down TO 641sc from arouI 6412c
I'm this furry. But react n quickly 10
lowed instead Of following Chicazos lead,
New York and the Northwest markets. be-
came stronger than ever, and when this be-
came apparent here another rush follow d.,
this time to buy back the wheat 50 "a ly
parted with December climb Il C4AQ &c
i'm the scramble New York reported 81 toat-
loads worked for export, which, coming near
the end of the session, was a factor in thu
strength with which the market closed.
Business was very active after neon, and tie
total business done was larger than for me
time. December closed at 64Ac.
Corn was inactive. but steady up to moo l.
when the strength and activity o. wheat was
communicated to this market. There was a
good deal of aggressive buying by pro es-
sional bulls. forcing shorts 10 cover Firm
ness was apparently entr. " In sympathy
with wheat. Receipts were $50 ears. Gables
were higher. ClCarauces were Up 900 blu.
December ranged from 297s to 30AqS09sc and
closed sc higher at the latter price.
Oats were firm, but very slow. TIE II a -
ket trailed after wheat and corn, developing
no independent features. T ad ng was light
and in scattered lots, mostly by locals. Gle +
ances were light. Receipts wee 5i2 clrs.
Cash market firm. May ranged from 22hG
Provisions averaged weak and lower. yell
low fever reports and liberal hog receipts
started the market at a decline. Packers
gave the market fair support fer tine AMI
stopped prices quickly declin d asan and
the market remained weak to the clio p.
Trading was only moderately active. At the
close January pork was re lower at $40;
January lard sc lower at 81 20, a@d nua"y
ribs 2bM5c lower at S4.7Il2.
Estimated receipts Nedre DAY: Wheat, 1870
cars: corn $40; oats, 375: hogs, 10000 head.
The leading futures ranged as follows: