The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-10-23

Ch1CAGO, Oct. PA rather sensational ad-
vance at Liverpool today in face of weakness
mere yesterday and excellent demand Tor
cash grain from Europe advanced wheat
Sharply. December closed 11sc higher. Corn
gained 4sQ12c. Oats rose 1ac. Pork lost sc
and lard z12c ana ribs Sc
AN advance OF 12s4Zd i'll tie price of wheat
at LIVERPOOL, ana IiO noteWorJny decline in
cohsoiS made GecldecIy strong and higher
market Tor Whe1t here at the opening Sales
Tor December were IuI14c nlgner aC oi1L L. 6oc
ana mere WAS a turJner gain OF 1Ac shortly
atterwaro. accompanying t.4e early news from
ABROAD was New 1oIk report of large au-
aluoEai SAFES for export ana IurtLer purchases
Tor December 1utures by the exporters There
Were re. oItS OF nour Sales W Italy the nrst
on record, and also that houses TN Austral-
Ian connections were making inquiries Tor flour
81. Louis meanwhile aoVIseQ that BIDS from
abroad on wheat were SC per blu higher Inau
at the close last nlg-t. and Minnea.O.is re-
ported the wneat STOCK On hand Inere was
sufhclent for only limited period OF GRIND
ing.
Northwest receipts were 9S2 cars which
was considerably Ilgnter than last week as
the result OF, the recent rough weather CHI
cago received 1873 carloads against l3S last
year The primary receipts all told showed
liberal quantity of wheat received being
l,535,VOO Blu, as compared with iUol UUO bu a
year ago The exports TOR the day from the
ieaolne Atlantic ports were equal to 1852, 90
blu, wheat.
Under those conditions, shorts were forced
to cover. and TIE fluctuations of December
the greater portion of the day were from 674l
TO 6oA There was liberal volume of busl-
ness Done IN the Dit ana 900 OOO blu No
northern wheat was reported disposed of for
export. Near the end the war scare lost some
or Its influence when it was found that
continental markets were lower and British
consois higher and the price of December
reacted to 67AQ67Ac. which was the clos
ing figure.
A good export demand with renewed specu-
latlve buying melted by the wheat strength
and the foreign situation caused a strong
feeling in corn. Receipts were 46s cars De-
cember opened 1zc higher at 32@321Ac weak
ened TO S1Bc, then advanced sharply TO 1924
Q5z12c. caused by an attempt OF the shorts
TO even UP all trades for the week. There
was considerable taking OF profits by longs
curing the closing hour, and the price was
forced on to &c at the close.
The improvement In wheat and corn caused
general increase of speculation in oats and
a substantial advance in prices resulted. There
VS. good cash demand, and 0G0. 900 bu was
taken here for shipment. Traders who sold
yesterday bought heavily today and the mar
ket closed strong at a shade under the high
prices. Receipts were PSI cars. May started
AQssc higher at 24A@243sc, rose to 245sc and
closed at 2412c.
Traders in provisions were bearish on &C
count of the amazing receipts of hogs every
where and a sharp decline in prices for the
same. There was only a slight concession
on the general list, however as the strength
In grains checked any concerted selling
January pork opened a shade lower at So 20
improved to S9.221a, declined to 1915 and
frmed up to $917h sellers at the close.
The range in lard and ribs was narrow.
Estimated receipts for Monday: Wheat 1875
cars; corn, 410 cars; oats, 220 cars; hogs 49,
900 head.
The leading futures ranged as follows: