The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-10-25
y OF THE DAY TRANSACTIONS IN THE MARKETS
GOOD RISE FOR WHEAT
MANIPULATION AT. ST. LOUIS IS.
THE DOMINATING INFLUENCE
Market Is Strong Throughout the Day
In Consequences of an Urgent De-
nland-LocaI Traders Show More
Disposition to Buy-0ats and Corn
Likewise Gain.

CHICAGO. Oct. 24.-ManfpuIation of
december wheat at ST. Louis was the
dominating influence In the grain mar,
Ret mere today and caused a sharp adj
vance IN wheat, the December option
closing with q gain Of I 1-S@1 1-4c.
december corn was UP 3-Sc, oats were
use nlsher, and January provisions
were. from 10c to % 1-2c higher.
Buying of both December and Nav
wheat by houses with St. Louis con-
neet1ons was the feature in the wheat
pit, and the demand from that source
became so urgent, with only light Of
Ief1ngs, that the market was strong
throughout the day. Local traders
showed more disposition to buy than
Tor some time past, although there was
nothing IN the shape of news to war
rant such action. The only sembIance
Oh bull factors was the possibility of
war in the Orient and the small move
ment IN the Northwest, but this was
sufnclent to create strong demand
december opened 1-Sc lower to lac
higher, at 80@S0 $3.50, and soon after
the. opening. when the price of De-
eember at st. Louis began to advance
by big strides. due to the congested
condition Of the market there, the
price here followed suit and ruled
strong the remainder of the session.
me high point was reached Just be-
lore the close, when December sold I'D
70 81 3-Sc. The close was at 81 lao
81 S-Sc, gain of 1 1901 1-4c for the
day.
Cfearances of wheat and -four were
equal to 273, 100 bushels. Primary re-
cefpts were 1.057, 800 bushels, against
I,SS5,200 bushels a year ago. Mime
apolis and Duluth reported receipts of
GIL cars, which, with local receipts of
OIL cars. none of contract, made total
receipts for the three points of 672 cars,
against $40 cars last week; and $50 cars
year ago.
Languid Trade in Corn.
Corn was firm in the face of a some
what languid trade. Smaller receipts
than estimated, strength in wheat and
fairly good shipping demand were the
main supporting features. Cash
houses were buyers of both December
and May, and there was also good buy
ing by commission houses. After SELL
eember closed with gain of 3-Sc, at
A 5-Sc. Local receipts were 314 cars,
with 33 OF contract grade.
Oats were influenced by the buIlish
sentiment in other grains, and the mar
ket showed q good advance. There was
considerable anxiety on the part of
local shorts to cover, and offerings in
general were light. December closed
with gain of 5-Sc. at 36 5-Sc, after
ranging between So 1-8c and 36 $50
So 3-4c. Local receipts were 237 cars.
Ribs for October delivery had
sharp break early in the day. but later
reacted. recovering all of the early loss
The balance Of the list was firm
throughout the session, the strength in
grains being the chief influence. Jan
uary pork closed % LIE higher, at
$12.15; January lard was up 15c, at
$50, while ribs were 10c higher, at
$6.35.
Estimated receipts for Monday:
Wheat, 65 cars; corn, 365 cars; oats,
230 cars; hogs, 81, 600 head.
Range of Quotations.
The leading futures ranged as follows: