The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-20

CHICAGO, Nov. 19.-Pronounced strength
IN corn today and heavy export business at
the seaooard rescued dropping wheat mar
ket. December wheat closed A@Ac higher,
ana May advanced Mc. Corn rose &c. Oats
left on &c up. Pork and ribs advanced TIC
each, and lard PIC.
Heavy receipts in the Northwest and easier
caoies from Liverpool started wheat a shade
however, and enough of that feeling was re-
nected IN the wheat pit TO offset the easy
Ieenng al the opening. Bradstreets reported
clearances OF wheat and -four for the week,
from both coasts at 5,67s, 600 bu, and Beer
pohm's placed the total shipments Of the
week from all quarters TO Europe at $780, 900,
which left only 2,721. 900 blu from all sources
OUTSIDE OF shipments from this side. That
heipeo to some extent in producing the bull
ishness that go quickly followed the easy
feeling at the opening.
Chicago receipts were 22S cars. Minneapolis
ana Duluth reported ], 495 car loads as COM
pared with J, 229 a week ago, and 972 the cor
responding day of the year before. Primary
western market receipts for the day aggre-
gated 1,633, O00 Blu. compared with 1,2e6 600 blu
year ago. Atlantic port clearances Of wheat
and hour for twenty-four hours were equal
about foreign demand were contradictory,
some claiming good inquiry from both con-
tinents and United Kingdom, while others
reported caolegrams from ali sources dull and
no buying orders. In the end, however New
there for export.
AAol scAIeu the december S0Orts into cover
Ing and the closing quotation, 667sc was at
the top OF the days range. May dragged
slowly over range beginning at 65Hc and
CLOSING at e6G661sc sellers.
higher cables and moderate receipts 2S6
cars gave corn strong start An excellent
cash demand, together with small interior
movement served to stimulate bull senti-
ment, ana the market very developed so
much additional upward tendency that IL
took the lead IN speculative activity Scalp
ers from the wheat pit took an active part
IN the trade and the competition that en-
sued held prices strong from beginning to
end New York reported Sc loads taken tor
export at the Sesboard. May started IN
changed at SS&c, and advanced to 844c, the
closing price.
good cash demand and the advance in
corn strengthened oats. Shorts were forced
TO cover and some Of the most prominent
longs added to their line. There was some
selling against oats bought in the country,
but this had little effect and prices left on
within fraction of the high point for the
higher, at 25ssc, declined to 11hc rallied 70
&c and closed at 25% Q25%c.
The strength In the coarse grains had a
hrming influence in provisions. Traders
bought freely, and as offerings from packing
interests were limited, prices were forced up
ward. Shipments OF meat and lard were
heavy. January pork opened 21hc lower at
$Ss2R, advanced to s9.05. and reacted to
$.02la at the close. January lard opened a
shade lower. at $4.s214. and rose to s4.9712, the
closing figure. January ribs began I'M
changed. at $4.521a. and advanced to $3.50
at the close.
Estimated receipts Monday: Wheat $50;
corn, $40; oats. 290; hogs, 40 900 head
The leading futures ranged as follows