The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-07
GOOD ADVANCES WE'RE SCORED,
AND THE CLOSE WAS AT AN AID
VANCE OF THREE-FOURTHS
CORN ALSO RULED HIGHER
The Opening, Though Quiet, Was
the Outlook Was for an Active
Days Trading - Considerable
Strength Was shown at the Be
ginning and Was Maintained.

CHICAGO, Nov. 6-AI the grain mar
kets We're strong today and good advances
were scored, wheat closing at &c ad-
vance, corn 12@5sc higher and oats 1sGAc
higher. Provisions closed substantially
unchanged. Higher cables and small
worlds shipments started a buying move
ment in wheat, all the more effective
on account of the break of over &c in
less than a month.
The opening in wheat, though quiet,
was not without interest, and considera-
bic strength was shown. For the first
time IN weeks prospective buyers had
something really substantial to encourage
them in strong and higher ca
bles and worlds shipments that
were much smaller than had
been looked for, with prospects of a con-
tinuance of small shipments. Uneasi-
ness by local shorts shown on Saturdays
curb was much more apparent at the
opening today, and buying from that
class of traders had much to do with the
advance in prices that took place. The
demand was not heavy, but offerings
were few and far between and shorts, in
consequence, had some difficulty at times
in covering.
There was some selling by professionals
or the first announcement of Northwest
receipts. which turned out to be heavier
by nearly 800 cars than the actual re-
ceipts, and later some selling was also
done on tire announcement of an increase
of 100000 bushels in the visible supply.
but all offerings were quickly absorbed
and at not time did the market exhibit
weakness The trend Of prices was stead
lly upward, and during the last hour Of
the session the best prices of the day
were obtaining New York was a fair
buyer, presume bly, against export engage
ments, although only five loads were re-
ported as taken up to a late hour. st.
Louis was also a fair buye' at times.
Minneapolis and Duluth receipts were
1859 cars, compared with 1,155 last week
and 1,798 a year ago. Chicago receipts
were III cars, thirty-eight of contract
grade. Worlds shipments were put at
6,679 600 bushels. Local stocks showed an
Increase of $4,000 bushels. Primary re-
eeipts were 1,S3j02O bushes.
There was a good milling demand for
the low grades of wheat. Dace mber open
ed MG2sc higher at 6813G685sc. After
slight further rally it eased off to 6SMc,
then gradually advanced to &C., which
was the closing figure.
Corn was firm. rarity In sympa by W tn
wheat and partly on account of firm Ca
bles and moderate local receipts. The
local decrease. &25, 900 bushels, was even
larger than expected, and also had some
influence. There was a general covering
movement by shorts in both December
and May, and advanced prices were well
maintained. Receipts, SOC cars. Deem
Der ranged from 3O3lc to 911hc and closed
Ease higher at 31lB6314c.
The market for oats was almost entire
ly a sympathetic one, prices following in
q small way the fluctuations of wheat
end corn. Receipts, 35S cars. December
ranged from 2zsB0221bc 30 22qzc, and clos
ed 1sdAc higher at 2214d223sc
Provisions were slow. but in the main
steady. Heavy receipts of hogs acted as
a drag to the market, but the slight open
Ing decline was soon recovered and for
the rest of the session kept within a mar
row range At the close January pork
was unchanged at $9.75G9.771z; January
lard unchanged, S5.271a January ribs a
shade higher, $495G4971a.
Estimates tomorrow: Wheat, 140; corn,
400; oats, zoo; hogs, $4,000 head
The leading futures ranged as follows:
Open High Low Clos