The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-07

CHICAGO, Sept. 8.-Wheat was inf1u-
enced today by better strength in outside
markets and by the Improvement in the
export demand 1t ruled strong all day
and closed 5s@%c higher, feature was
the continued buying of September by ele-
vator people. Corn closed &c higher for
September but a shade lower for Deem
Der Oats closed 1sQ3sc and provisions so
TIC higher for October products.
Wheat opened unchanged for Deem
Der and a little lower for September, the
latter on account of heavy receipts in the
Northwest. Little was offered for sale,
and shortly after the opening the change
in the aspect of outside markets, which
have been relatively weaker than Chicago
for some time past, but which today
were comparatively stronger, induced
some covering by the more timid shorts,
and good advance in prices took place.
December opened at n@71sc and adj
vanced to 711AQ715sc, while September,
opening Bc lower, at $3.50, advanced to
7O2sc. The advance was sufficient to In
duce realizing, which carried prices back
fractionally, but after long period of
comparative dullness, during which De-
cember hung around 71Q719sc, the con-
tinued strength of the Northwest and
other outside markets and the improve
ment in the export demand increased the
ket and again advanced prices.
The strength shown by September was
especially noticeable. There was a good
demand for this from elevator people and
shorts, and the spread between September
snd December narrowed to 11sc. The
strength was in spite Of the liberal coun-
Sry movement and free offerings. Min
&eapolis and Duluth received 74O cars,
against 1913 last week and $50 year ago.
inf cG
tract grades. Total primary receipts were
958, 900 bu, compared with 1,364000 a year
ago. Atlantic port cIearances of wheat
and -four aggregated 10000. New York
reported anywhere from so to 72 boatloads
worked for export, and Duluth reported
100000 of that amount engaged from there.
Bradstreet's reported an increase in the
worlds visible of 5521,OO0 blu. This was
unexpected, but had little effect Buying
by shorts was quite heavy during the late
trading, and best prices of the day were
reached shortly before the close. De-
cember advanced to 712c and closed at
715s@n%c; September sold at 701k0705sc
and closed at 7O15c.
Corn was firm for September and about
steady for deferred futures. Reports of
serious damage by hot, dry weather were
received, and lake rates were reduced
about 14c, helping the corn shipper that
Der was bid for cash, but 1t was difficult
to get. Reports of rain In Illinois and a
general desire to realize caused an easier
feeling during the latter part of the ses-
sions. Receipts were Oil cars. December
ranged from 2S7sc to 29Ac and closed a
shade lower, at 29c. September sold as
high as BE and closed Hc higher, at
31%c
fair general trade was done in oats.
Prices in the main were Influenced by the
action Of wheat, and corn ruled a little
higher throughout. Shorts were good
buyers, with September in the most de-
mand. Receipts were $40 cars. The ship
ping demand was good. December ranged
from 20@201sc to 2014c and closed ke high
er, at 2012c. September closed A@Hc
higher, at 2O2lG2O7sc.
Provisions were fairly active and
strong, helped by an excellent cash de-
mand, particularly for lard. There was
some realizing through commission
houses, but prices advanced steadily un-
der a good general demand and closed at
about the top. Cables were higher. and
confidence in present market prices was
expressed. At the close October pork
was PFC higher, at $685. October lard. so
TIC higher, at $5.3505. 371h; October ribs.
121@c higher at $5.321965.35
estimates Thursday: Wheat, 10; corn.
$50; oats AIS; hogs, 22,COO