The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-26

CHICAGO, Sept 25.-With the exception
of a short period of weakness early III
the session. wheat was strong today ana
closed at 7s11c higher for December, anu
nc for September. The strength OF corn
@ small visible increase, and recovery
in cables helped, but the strength was
mainly in incroa Sed trade and timidity or
the hear c1o,rs. Corn was strong and
advanced 44c, SITS advanced 1s9Ac, and
provisions ed unchanged to 712c
higher.
The opening in wheat was weak, with
no especial important trade. Both local
professionals and outsiders were sellers IN
a moderate way, and for a short time
urices showed a dropping tendency and
ranged slightly below Saturday close
The weakness was mainly on account OIL
q decline at Liverpool, though this was
expected to follow Saturdays decline
here Receipts at most Western primary
points were heavy. This fact, however,
was lost sight Of for the time being. The
narrowness of trade at first rendered the
market susceptible to trivial factors, but
later cables showed a complete recovery
from the opening decline, with a slight
advance in some futures. This was
cue for local traders, and prices immedi-
ateIy felt the effect of the increased buy
ing.
AS the HeSSlOIl pIOSIGSSGNI u ciulll6 NC
came much broader and more general.
Heavy bu ing orders came from the out
side, St I ouis sending buhish dispatches
concerninG the demand from country
millers an failing supplies, and great
scarcity Oh cars was reported in the Du-
luth regioi3, with a heavy -four business,
The visible, was expected to show heavy
increase, nut fell short Of expectations
The gradual advance in price brought
early sellers into the market, but little
wheat was offered for sale, the bear crowd
Being apparently tinid about selling in
the present condition of the market, and
prices were bid up sharply before offer
ings became liberal enough to supply
the demand.
The market finally got well above calls,
and selling against those privileges
checked the advance for a time, but near
the close of the session shorts again bid
prices up sharply, and the close was
strong ct close to top figures.
Minneapolis and Duluth receipts were
1881 cars, against 1,452 last week and
1863 a year ago. Chicago received 1852
cars, 2 of contract grade. Total primary
receipts were 1884, 900 bu, compared with
1792,000 last year. Atlantic port clear
ances of wheat and flour aggregated 1884,
600 bu The seaboard reported only 10
loads engaged for export, but was a
good buyer in this market. ORD S snip
ments We're 100000 bu, or about LOCO, 900
bu over estimated weekly requirements.
December wheat opened 1sQ14c lower at
7212c. 1t sold at 721sc, then advanced to
73c. 4 reaction to 725sc was followed by a
steady advance to 7312c, the market clos
Ing at 1880. September closed lac higher
at 1850.
A feature of the late advance was the
strength Of corn. Nervousness over Sep
TENDER corn shorts had considerable in
fiuence on wheat spectators. Corn was
active and strong after a short period
of weakness at the opening. The weak
ness was mostly in sympathy with wheat.
Receipts were heavy, and local stocks
increased 1,069,0OO blu, but this did not
affect prices. Shorts in September were
evidently apprehensive of a corner, and
were active bidders all day. The price
reached Csc, where there was plenty for
sale, and the advance was checked. De-
ferred futures were strong in sympathy,
and good advances were scored all
around. Receipts were 1857 cars. Sep
TENDER ranged from 34c to 35c, and closed
&c higher at S5c. December ranged from
29%c to S07kc, and closed &c higher at
30hc.
Not much WAS dore in oats. The mar
ket was easy early, following other grain
markets, but later declined and closed
at slight advance. Trading was exceed
ingly narrow all day, and mostly of SCALP