St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-09-23

not take an active interest in it, he certainly fur
nished brains where they had been lacking bts-
fore.
There were rumors toward the close that a
commission house had been forced to succumb
to the pressure, but it was impossible to verify
he statement. Another rumor was that someone
had procured an injunction restraining traders
from demanding margins ON account of the in
fated deal. 1t was equally impossible to find
the truth of this matter 1t was impossible
to ascertain what houses and traders have been
forced to cover their shorts to-day. Everything
is in chaos of doubt and uncertainty. Sep
tember opened at tic, 1c higher than Saturdays
close, and advanced with rapid jumps to soc,
| from which it fell nominally to a close of 79c
Nearly all transactions were in settlement, and
| though there were plenty of orders TO buy very
little was offered until the price reached soc.
The near futures ali felt the effect of the boom
and advanced accordingly. October opened at
56Ac, nc above Saturdays close, and went up
to 59Ac, but dropped off 1c and closed on the
regular board at 5sAc, but again advanced in the
afternoon and closed at soc. November opened
at 47Sc, Saturdays close, and closed at 4Sc. The
lea ding sellers McHenry, Counselman.
Dwight & Gillette and Schwartz & Dupee. The
rest of the usual corn traders were bullish and
composed the purchasers.
! Wheat was without intrinsic support, the arri-
walls fair and the Liverpool and London cables
decidedly adverse to sellers. The first sales
about 4 under Saturdays close, but the strength
! in corn and provisions induced timid shorts in
/ the wheat pit to cover, and their takings caused
an advance of AG1c. The appreciation brought
/ considerable long wheat on the market, includ-
/. ing good many lots bought on Satur-
days decline Scalpers were also inclined to put
! ont shorts, and the demand being light and out
| side support deficient, prices receded &c from
the highest figures, and the closing the morn
! ing board was weak. In the afternoon opening
| figures again lower, but there was good in
quiry at the decline, and prices advanced about
&C. closing with more steadiness at about open
| ing quotations in the morning. October opened
al 7Gc, but under the demand to cover shorts ad-
vanced &c. when liberal offerings caused prices
TO recede, and the close on the morning board
was 1873. The afternoon closing was at 76c.
November opened at 77zSc, sold up to 1880, and
closed at 771ac the morning board and at 77 q C
in the afternoon. A good many heavy parties
were reported to be buying wheat, but this was
more rumor than certainty. 1t was thought to be
a little surprising that wheat did not show lit
tie more sympathy with corn, but the two grains
Oats were steady and firm, in sympathy with
corn, by reason of light receipts. There are also
more going out than coming in, which, with the
wide difference between corn and oats, induces
the general opinion that an advance will soon SCI
in, October closed at 2615c, again of &c and
! November at 26c.
! Provisions attracted considerable attention and
trading was more than usually active. Pork fol
4 gear and January delivery was stronger and a
| the close 30c higher than Saturdays last quota
| tfons. October closed at S17, unchanged, anC
rear at S12. Lard was stronger and higher
| II Nough outside prices were not maintained
| fra ing was fair and the close was at S7.32 fo
| Oct, 1ber, gain of 21Ic, and S7.17H for Novem
ber nchsnged. Ribs were in active request t.
| cover shorts and much stronger, advancing SOC
7oc an closing strong at $1,000 for September
| q ooin n 6Oc, and at S10.45 for October, gail
of 45c
Recent 5 of cattle were heavy, including abou
2 zoo TEX ans and territorial rangers, and, al
thoueb an ticipated had a depressing effect
BUYERS held OFF, and trade ruled dull, but littl
business be. ing transacted before noon. Dis
patches from New York reported 240 cars o
cattle and s.h elf dollar lower" 1t is almJs
useless to atte mpt to give satisfactory quota
tions on raj lge stock. Many OF tn
statesmen quotel the decline at 4o@5O
as compared with The highest Jas
week, and where t. he decline viii end befor
the present glut is 70 rked off, no one seem
able to predict. Tle hog market opened slo'
and rather weak. but b, fore the morning hour
passed some urgent sh IL ping grades were Sc
cured, which stimulated the demand, and b
noon about sll had been 70. d, the general marke
closing considerably stron ge than at the open
ing. skips and grassers 5, DID at s4-75G5.25; as
sorted light S5.7506.7O, CO Inn ION and medium
mixed S55O05. 80 the best he. wy S606.25.