The Saint Paul globe., 1898-09-15

CHICAGO, Sept 14-Heavy export d mand,
with only moderate domestic receipts today,
strengthened wheat September LEI; OH 3sc
higher and December rose Ac: Corn de-
clined sc. Oats are unchanged TO 4sc up.
Pork lest 212c. Lard improved 212c and roS
closed unchanged.
the opening on account Of Liverpool showing
from sd TO 24d decline in face OF yes-erdays
strength this side. The slight tdu tlol
at which first transactions were eHectt q
soon gave way to hrmnesS, and 12c ad ance
when it was seen how small the offerings
were and how much was wanted. Several
items Of news telegraphed Immediately atief
were OF bulllsh character, ard were r's. on
sible for the increased demand that put up
the price.
New York reported liberal continental ac
ceptancos OF last nights offers, and also buy
ing orders for futures for abroad. Foreign
ers likewise bought here. A small ca go OF
No. 2 spring wheat worked here direcG
TO London by a firm that handled a god
deal OF the wheat shipped abroad by Letter
during the currency of the later operations,
and ii was considered significant that this
direct demand showed signs Of revival Min
neapOlis wired that 2l2c over bid price was
bid there today for wheat to arrive any time
in October. Demand here for prompt snip
ment opened up strong, with heavy sa es re-
ported the first hour Of the session.
An estimate Of the size Of the French op,
making 1t 3S6, COO, eco bu, ed a temporary
break but it was considered upon reflect on
to be an eXtravagant guess, and upon that
conclusion attention was again fixed upon
the mere bullish happenings OF the forenoon,
and the market became strong again.
The movement of the domestic crop was
bearsh as regards spring, and bul tsh con-
cerning winter wheat. Minneapolis and Du-
luth received 9lS cars, against 5S8 last
year, and Chicago got ia carloads, compared
with 210 the year previous The total at ali
primary Western markets was 1,1S2,OC3 bu,
against l,37l, 500 bu the year bsfo.e Atl1nt
port clearances of wheat and -four amounted
to $50 000 bu.
September opened unchanged to Ac high
err at 64l4c, rose to 643lc and closed at 649sc.
The market acted very irregularly tween
the limits Of G1%d6l7sc AID Csc for Deem
ber The opening was Isc lower, at 6ZQo- sc.
1t rose TO 621ad625sc dropped to 6212c recoV-
cred TO 6212G62osc once more and slid oil u
&c Then it recovered to 62Ac, declined to
6l4G61Hc and advanced to 624s@6212c, wh en-
was the price at the close
Corn was fairly firm for short time and
then became uncomprOmsingy heavy, with
longs selling out di disgustedly and shots rub
bing in the agony without offering to cover
much until late in the session. The weak
feature of the markeL was the absence OF
shipping demand. Receipts were quite MOD
crate, being much under the es.imate and ro5
much more than half of those OF Y ar ago.
December opened unchanged, at 25AQZSisc,
sold down to 29ssc and closed at 29B0Z9z2c.
The general trade in oats was stimulated
by a good cash demand and small recel-ts.
May began unchanged at 22c, advanced to
221LR22Hc, then declined to 22bc, the closing
price.
Provisions averaged firm and closed steady
at substantially the same prices they did 8
terday. Packers were friendly to the mar
ket and commission houses with Eng ish
connections bought heavily Of lard Deem
Der opened DC up, at $50 improved TO $S.75,
declined to SIS. 60, and closed at SS.6212 bay
ers: December lard started sc higher, $5
rose to $5.O21a, then off to $4.95@4 .971a, and
closed at $4.971a. The range. in ribs was
narrow.
Estimated receipts for tomorrow: Wheat,
10; corn, $40; oats, 3l5; hogs, Is, 600 head.
The leading futures ranged as follows