The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-09-21

CHICAGO, Sept. 26.-Active covering by
shorts as the result of cold wave in the
Northwest caused a net advance of 1Mc
In the price of both wheat and corn here
TO-DAY Oats are up Nc. Provisions show
gain of 221sc to 52Sc.
reports OF general frost last night
throughout the Dakotas and Western Min
hesota gave strong start to- the wheat
market there being a lively demand alike
from shorts and commission houses. The
december option opened with a gain of
iVItSc TO 1A@1asc at s1.09 to 81 .09L
may was up Y @ &c to IL @1se, at $1.10N
10 sl.iiA. Factors that contributed con-
~ small receipts in the Northwest and the
e;Acseoing low grading of the fresh ar
rivals. Ine market was affected also by
a s nuige In corn prices and by the firm
rome OF foreign grain markets. On the
resulting advance there was considerable
seinng by pit traders, causing a loss of
mucn OF the initial gain; December declin--
ing TO Sl0S5s. Meantime Nav sold off to
$l-10A. The reaction. however was only
temporary with bullish reports Coming
from the Northwest and the market at
minneapolis showing big advance. prices
here started upward again. A decrease in
tetal primary receipts and a smaller in
Gre lnan expected in the worlds visi-
b b,r ,sap la were factors that stimulated
OF the day was reached at S1.09X for De-
cember. May sold up to 81. i1X@i. r.
me market closed strong. with December
at 81 .o9H. Final figures on May were at
$111k@L11M
CleaTances of wheat and flour were equal
20 o. ,90o bu The worlds visible supply
600 bu. Primary receipts were 90. SOC fu.
compared with 1,073,700 Blu a year ago
n minneapolis, - Duluth and Chicago reported
ree e1 OF Sa3 cars. against GIL cars last
Week ana oo5 cars a. year ago.
Corn Booms Likewise
PradiafiOno ~ =
Northwest would Swoop down upon the
corn fields of Iowa and Nebraska tonight
gave shorts big fright at the opening of
e enf e4rn market market Traders had not yet
ments OF the two well known crop aex-
perts made Yesterday and this fresh
source OF anxiety caused, a wild scramble
LOT offerings. AT the opening bids on the
december option were made at an adj
vance OF Ia &C tes23 e. over yesterdays
closing figures. the initial price being at
gradually eased off trifle declining to
501sc before the end of the first hour. A
dispatch from New York crediting James
D. Hih with statement that the total
yield or corn VIII not exceed two billion
eusheiS gave the market additional sup
port during the latter part of the day. De-
eemper again selling around Size The
cember at 51A @513sc. Local receipts
were 500 cars. withes3 of contract grade
=, AS As a result Of the strength Of corn the
oats market held firm al slight advance
In prices. Trading, however. wasG very
quiet December opened We higher at
$3.50, sold between 321zc and 325sc and
Closed at S2zsc Local receipts were 207
Provisions were strong, with the mar
Ket eXnlbltlng considerable activity. Con-
tlnued light hog receipts and stronger
grain markets were the principal infiu-
ences. Local packers were the chief buy
ers; At the close January pork was up
PFC at Sl3.27R. Lard was up 211hc at
S1-35@7.371. Ribs closed 221z @25c higher
at $6.S715 06.90
Estimated receipts for tomorrow
Wheat, n cars; corn, 26S cars; oats, 92
cars; hogs, %. 900 head
Range Of Quotations
The leading futures ranged as follows: