The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-29

CHICAGO, Sept. 2S-Deferred futures
IN all the grain markets were strong to-
day and closed at advances. a good eX-
port demand for wheat and constantly
decreasing receipts formed the foundd-
ton of the wheat strength. Trade was
broad and general in most markets Sep
TENDER wheat advanced &c, December 12c
and May &c. September corn declined 12c
on heavy selling by longs, but December
advanced lsc. September oats declined
&c and December advanced shade.
Provisions were steady, but closed I'M
changed 10 a shade lower.
Liverpool played a prominent part and
Influenced the early tone of wheat trad
ing. The market opened lower, but
quickly recovered, and at the opening
here showed good advances. This was re-
garded as indicating the seriousness of
the Transyaal situation. Early inGica-
tons also pointed to large clearances for
the day Outside buying was quite heavy
at the opening, New York houses being
especially prominent. The opening in De-
cember was at 735s073$4c, an advance of
%03sc over Yesterdays close This was
al call price, and for a time the market
met heavy selling against those privi-
leges. a good deal of general proht-tak-
ing was also done and a decline in De-
cember to 1889 took place. but before II
strong, with heavy and general buying,
The continual falling off in receipts at
prominent receiving points attracted more
attention. and the belief was more gen
eral that the winter wheat supplies from
now on would be much lighter New
York and st. Louis at the same time re-
ported numerous acceptances of yester-
days cabled offers. Best prices were OBJ
Gained in the last hour of trading.
The market during that time exhibited
a good deal of nervousness and the price
changed rapidly, though within a narrow
range Realizing was heavy, but on ali
slight breaks the market received sub
stantial support, and though best prices
were not maintained the close was at d
substantial advance. A good improve
ment in the demand for flour was re-
ported, and this had an influence on spec
ulatiYe trading.
The market at the close showed a
marked growth of bull sentiment among
local traders and trading throughout
showed the effects of increased outside in
terest "A bull feature was the falling off
of S00,006 bu in primary receipts in the
past four days Minneapolis and Duluth
receipts were 974 cars, against 1874 last
week and I,199 a year ago. Chicago re-
ceipts were 125 cars 2 of contract grade.
The lightnesS of local receipts was a fac
tor in the eaSLE strength. Total primary
receipts, 1122 600 bu, against 1,656,000 d
year ago. Atlantic port clearances, SAL,
boo. The seaboard reported rs loads for
export December advanced to 741sc and
reacted to 1850, where it closed.
Corn was fairly active and irregular.
There was heavy liquidation of Septem-
Der by the interests supposed to be most
prominent on the long side, and this in
fluenced the market all day. Deferred
futures, in which trading was mostly of
a scalping nature, were weak for a time,
i'm sympathy, but later recovered on COW
ering by shorts Receipts, 1,139 cars De-
cember ranged from 29$4c to 301sc, and
closed 1sc higher, at 301sc.
Oats reflected the action of corn, Sep
TENDER being weak on moderate liquida-
ton, in spite of small receipts, while de-
ferred futures were steady. Receipts, 234
cars. December ranged from 2234c to 22B
023c, and closed a shade higher, at $3.50
23c.
Provisions were firm and in good de-
mand. The chief influence was the heavy
cash demand, and fair advances were
scored. At the close January pork was
PIC lower, at $3.50; January lard was I'M
changed, at $5.6212, and January ribs a
shade lower, at $5.121a.
Estimates for Friday: Wheat, 1856;
oats 215; corn, 1907 hogs $1,000.
The leading futures ranged as follows: