The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-10-07

CHICAGO, Oct. 6-Wheat today hrmed up
late in the session and closed at a shade ad
vance over yesterdays final figures Heavy
seaboard engagements and higher cables
brought about the rally. Corn was heavy
on liberal receipts and slack shipping de-
split fraction. Provisions were firm and
closed higher.
Opening prices for wheat showed a slight
decline from yesterday. December starting at
62ssd62Ibc. Though the early news was
somewhat bullish in tone. 1t was evident
that shorts had pretty well covered, their
lines yesterday for the market showed no
responsiveness. and on the contrary, showed
weakness for some time after opening. In
half an hour December had been sold down
to 621sI62l3c, under rather free general sell
ling Liverpool was SD higher. Northwest
receipts were considerably smaller than OF
late Minneapolis and Duluth reported arriy-
ais of S64 ears, compared with Il9O last week,
and lO46 year ago. New YORK reported
foreigners coed bidders for sprtrg VII at for
shipment. Encouragement was given sellers
by the Ohio state crop report, which made the
total 6. OOO. 600 bu larger than the government
report made il last month. Minneapolis also
contributed TO the early weakness by re-
porting increase of 3493,0GO bu, in country
stocks for September. The first selling furry
over the market became excessively dull, and
prices kent within a narrow range for some
time. though a gradual Improvement in tone
was noticeable. Up to u O'Clock December
did not advance much above $3.50, but dur
ing the afternoon buyers became more numer-
GUS. OUTSIDE markets were all stronger, MIN
neapolis and Duluth being especially strong
for cash wheat. Foreign markets also showed
strength, Paris reporting 10 cent mes advance,
and Budapest Is. The strength OF fore.gn
markets was attributed in part to the dry
weather prevailing in England and on the
continent. The SeabCard reported active
foreign demand late in the session, putting
the export engagements as high 100 loads.
This and the higher Northwest markets start
ed shorts to covering freely for the first
time during the session, and the market
reached the highest point shortly before the
close. December getting up to G25sM 2Ac.
The close found the market on a small de-
cline, December winding up at G21kG6,6sc.
Corn was slow all day with prices inclined
to drop. Cables were not strong as ex-
pected, receipts were liberal, Cos cars and
rather heavy receipts we're looked for to-
morrow. Crop reCorts as a rule were favor
able Clearances were small barely 100000
Blu. Shippers reported a very slack cash
demand, December ranged from 293sc TO 29N
Q297sc, and closed nc lower at 295sc.
prices little lower, mainly in sympathy
with corn. Receipts were light, 942 cars,
but cash demand rather slow. Clearances
were 100000 Blu. May ranged from 22B to
23c. and closed shade lower at 227kc.
Little was done in provisions. The mr.
liberal hog receipts and lower prices at the
yards. After early sellers had disposed of
their offerings the market became frmer in
tone. Demand for meets was good and Ia
sales liberal. This helped the speculative
market Prices gradually advanced the mar
ket being firm at the close. January pork
closed nc higher at sos: January lard 10
912Ikc higher. and January ribs, sc TIC
higher at S4.621aGI65
Estimated receipts Friday: Wheat, 215 cars;
corn. $40; oats; 400; hogs 23,0L0 head.
The leading futures ranged as follows