The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-03

CHICAGO, Nov. 2.-The enormous quantl-
ty of wheat taken today for export MADE
prices for that cereal strong at the close
December wheat finished &c higher Corn
advanced Sc Oats are a shade higher. Pork
rose 15c, lard 10@121ac and ribs 5q719c.
Rumored complications between Great Brit
ain and Russia gave wheat a firm start. Inc
opening advance was added TO by heavy for
eign assurances, New York early in the
session reporting so boat loads accepted on
last nights cabled offers to the other SIDE,
and a Chicago house had also 10 boat loads
accerted direct. English consols were sc
receipts were. somwehat lighter than the
recent average. The seaboard clearances
were not extraordinarily heavy, however.
while the aggregate Of western primary
market receipts were enormous, amounting
to 1,5s5, 900 bu, against 1,123,G00 blu the cor
responding day of last year. In addltlon 10
this the early drop in British consols was
fully recovered about the middle OF the ses-
sion. That was too much for the bull en-
thusiasm and the market dropped back TO
the opening price before 1t TOOK announcer up
ward flight. Chicago received 301 cars COM
pared with 125 the corresponding day OF last
year, while Minneapolis and Duluth report
ed 900 cars received against 3lS year ago.
The seaboard clearances OF wheat ana nour
were 400 600 blu. Near the close 1t Was re-
ported that export takings at the seaboard ag,
gregated 10 boat loads, or 1,36O O0O bu, and
Budapest was reported 3a4c higher. The
amount of New Yor export business was
much in dispute, but that it was heavy was
generally DeueNeQ. ne ulaThSl mere OOSoiAiS
very strong, and closed within fraction Of
the high point of the day. December opened
a shade higher, at 663s@6612c, sold at Stag
663sc, rose to 6612c, reacted to 66@c, then al
vanced quickly 10 6714c and closed at 6l1sc
buyers.
Lower cables and the expectation of increas-
ed receipts on account of the improved
weather weakened corn at the start. A great
deal of long corn was sold, and for time
the course of the market was downward. In
the last hour of the session the tendency
changed with wheat, and in the end became
strongly upward on heavy buying by shorts;
HGHc lower at 32@321sc, declined to 31?sc,
then advanced to S2$sc sellers, the closing
figure.
Oats relied upon corn for their strength.
The sellers Of yesterday changed their views
and bought back what they had disposed OF.
Receipts were 203 cars. May began shade
lower at 24$4@24B sc, declined to 2412@243sc,
advanced to 247sQ25c, then reacted to 247sQ
2434c at the close.
Of lard during October caused an improve
ment in provisions. The reduction in stocks
was IS, 900 tierces, and it was said that the
worlds stocks had been reduced $4,000 tier
ces The English houses opposed the ad-
vance in prices and sold heavily of lard.
January pork opened unchanged to &c high
er at S8.90GS.95, and advanced to $9.O5, the
closing figure. January lard started unchang-
ed to &C higher at $4S712@4.9212, and sold
up to So at the close. January ribs began
2lad5c up al $4,6212, sold at S4.6OQ4.6212, rose
to $467Jb, and closed at $4.65 buyers.
Estimated receipts for tomorrow: Wheat.
800 cars; corn. 400 cars; oats, 300 cars; hogs.
40 600 head.
The leading futures ranged as follows: