The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-10-09
MMARY OF THE DAYS TRANSACTIONS IN'TFE MARKETS
WHEAT is VERY STRONG
SHORTS IN DECEMBER OCCUPY
THE ANXIOUS SEAT
Small Primary Receipts and Large
Premiums for. Cash Wheat Are the
Cause of Their Unhappiness-Prices
Advance All Day-Corn and Oats
Likewise Higher.

CHICAGO, Oct. S.-Shorts in De-
cember wheat were on the anxious
seat again today as the outcome Of
small primary receipts and large pre-
miums for cash wheat The market
was unexpectedly strong, the Deem
Der option closing with gain of
1918 December corn was up &c
and oats were q 1ac higher, but pro-
visions continued in their downward
course, the January products closing
from 10c to 15c lower
Active buying of December wheat by
commission houses and brokers, caused
a strong tone in that grain and as a
result of this urgent demand, the near
by delivery rose to the level of the
May option. Opening prices were firm
on steady cables, December being un-
changed to &c higher, at IT'S @77Ac
to TN @77Bc There was a DISPOSE
ton on the part OF the general trade
to regard the early strength as a joke
and Scalpers sold on the advance in
expectation of a reaction. But the
firmness did not yield and the char
aeter of the buying seemed to indi-
cate support from one of the most
prominent bulls. AS a result shorts
covered freely and the market advance
ed with the session. The big advances
at st. Louis and Minneapolis, together
with the small primary receipts and
the large premiums offered for the
cash article, were bull factors later in
the day and prices continued strong
up to the close. Final figures on De-
cember We're up 1@1Bc, at 78Ac, after
it had touched 1880.
Clearances of wheat and -four were
equal to $4,000 bu. Primary receipts
were $4,000 bu, against 1,093,600 blu a
year ago. Minneapolis and Duluth re-
ported receipts of 592 cars, which, with
local receipts of 101 cars, OF contract
grade, made the total receipts for the
three points of 693 cars, against 696
cars last week and $40 cars year ago.
asea Good Buying in Corn.
Corn ruled strong with wheat and a
greater inclination to buy was mani
Tested on the part of local traders
while shorts We're also quite active on
that side of the market. = Samples OF
corn from the country showed condi-
tions favorable to the bulls, the ker-
nelS giving evidence of the recent cold
snap. After selling between 45c and
45%c, December closed 1Ac higher, al
455Rc. Local receipts, were 2S1 cars
with 33 cars of contract grade.
Oats followed other grains in their
upWdTu leHueICyp anu d1leI SlIBlt
dip at the opening, prices ruled firm
There was little pressure to sell and a
fair demand sprang up from shorts
The close on December was at an adj
vance of 3s a 1ac. at 36h @365sc. after
ranging between 36c and 365s @36 n C
Local receipts were 123 cars.
There were breaks all along the line
in provisions early in the day on lib
eral commission house selling; with
little demand. The severe decline in
some prices during the week was the
principal depressing influence. Prices
held at about the opening figures
throughout the day, January pork
closing 15c lower at $12. January lard
was off 121ac at $3.50, while ribs were
down 10@12@c at $637R.
The estimated receipts for tomorrow
are: Wheat, 80 cars; corn, 800 cars;
oats, $50 cars. and $4,000 head of hogs
Range of Quotations.
The leading futures ranged as follows:
y