The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-10-08
were steady and closed unchanged. Provi-

were steady and closed unchanged. Provi-
sions showed little change.
Liverpool gave the tone to the early trading
in wheat That market surprised the bears
by showing ga advance at the start AS the
local market had failed to advance yesterday;
decline In ia English market was looked
for by good n.aLy, and the contrary being
true the more timid shorts covered at once.
The result was an opening advance of &c In
December, that option starting at 62sQ6Sc.
All forenoon the market showed st ength,
shorts being more or less prominent, while
good deal OF 51iet investment buying was
done. Plenty ! bull news drifted in during
the morn. nS to encourage buyers. Northwest
receipts were moderate. Minneapolis and Du-
luth reported 1,0l9 ears, against 1,266 last
week, and lips a year ago. Chicago receipts
were 262 cars, IA of contract grade. Foreign
ers were good buyers here and at New York,
both for October shipment and later deliv-
cry. Cash sales here were about 10000 blu,
including 0c00 No l northern direct to Rio
Janero. for mixing with South American
wheat. Atlantic Port clearances were very
heavy, amounting to $4,000 blu, in wheat and
flour The Modern Miller reported the -four
output large with a good export demand.
Primary receipts were 1,Tn,OC0 Blu. This
amount was about zoo 900 bu heavier than a
year ago Argentina shipped no wheat to
Europe this wC' <, but sent favorable reports
on the growing crop. The market here was
at its strongest around noon. The seaboard
reported export sales of at least 60 loads This
evidence of the continuation of the recent
heavy foreign demand for American wheat
was responsible for considerable increase in
the demand which was augmented by the
strength of cash wheat in outside markets,
notably New York and Minneapolis, and the
highest price Of the day was reached, De-
cember being | up to 6S$s@631ac. This was
nearly cent above yesterdays closing price,
and showed profit tempting enough to bring
about good deal of realizing in the last hour
of the session. Prices dropped somewhat un-
der this although offerings were we'll taken.
December finally declined to Csc, closing
steady at that price asked.
Corn, though dull was strong all forenoon.
The advance was evidently almost entirely in
sympathy with wheat, as the late decline in
the early advance being lost Independent
bu'ish influences were an improved cash de-
mand, and large seaboard sales for export.
Country adViceS were to the effect that the
croC had been impaired in some places. Re-
ce'pts were S63 cars. December ranged from
29&c to Boise and closed &c higher at 29&c.
There was quite good general demand for
oats, and prices most of the day were slightly
higher. Cash demand was better at improved
prices. Clearances were liberal 479 900 bu
The market sympathzed with the late de-
cline in wheat and corn to the extent OF
losing all Its small early advance. May ranged
from 227sc TO 2S1sc, and closed unchanged at
227sc bid.
Provisions were extremely dull. The mar
ket was heavy at times, due to the gravity
Of yellow fever reports, but shorts, where
profits allowed, came to the rescue, and in the
end there was very little change in prices
The range was narrow. January pork closed
212c lower at $8.9212; January lard shade
lower at $4.S5, and January ribs shade high
er at $465
Estimated receipts Saturday: Wheat, 26O
cars; corn, 700; oats, 40; hogs 1900.
The leading futures ranged as follows: